FinancePersonal Finance

How to earn a million from scratch: several real stories

Many people are wondering how to make a million without having initial capital. Agree, at first glance this may seem an absolutely impossible task. After all, money from the sky does not fall, and to create your own business you need a fairly serious investment. However, there are people who have found ideas for self-realization in absolutely ordinary things. Now they have a very impressive income and enjoy a comfortable life. Perhaps the stories of their success will help you understand how to earn a million from scratch.

The story of David Reynolds

This entertaining story is about how to make a million on human problems. During the repair in the bathroom, the average American David Reynolds broke his arm. After discharging from the hospital, he faced a pressing problem - the plaster cast did not allow him to fully take a bath and even a shower. As you know, you can not wet it. What did not poor David think up to find a way out of this unpleasant situation! He wrapped his arm around the waterproof film, put on garbage bags and even a camera from the car, but the gypsum still got wet. After running around all the pharmacies in search of a special cover for his hand, he realized that such an adaptation simply does not exist in nature. And then he came up with a brilliant business idea - to create it with his own hands.

He has issued a patent for his invention - a plastic cover that can be sealed to the leg or arm. Together with his colleague and an old friend, he set up a firm to produce these devices and started sales from small pharmacies in his city. At first, the goods were acquired reluctantly, it was far from easy to break into the market. But, closing their eyes to temporary difficulties, friends stubbornly pursued their goal. And, two years later, they signed a contract with a large pharmacy network and a dozen smaller pharmacies. To date, the company has successfully implemented many different models of waterproof covers through wholesale distributors and its own website. And David, who used to work as a simple dealer, now earns about two million dollars a year.

History of Fraser Doherty

This guy started his business at the age of 14 and already then knew how to earn his first million. At that time, he was actively involved in cooking and gladly prepared a variety of jams for grandmother's recipe. Numerous friends, neighbors and even parishioners of the church constantly turned to the boy with a request to cook a delicious jam for them. Soon the rumor about this amazing delicacy spread far beyond the hometown of Fraser. The abundance of incoming orders forced the boy to rent a room in which about 200 people began to work. At the age of 16, Fraser decided to devote himself entirely to business and dropped out of school. Then he signed a contract with a supermarket chain about the supply of jam. So at 21 the guy earned his first million dollars.

Today, his working day is mainly devoted to the search for new sales channels and managerial work. Doherty became the author of two books, one of which is devoted to the organization of his own business. Perhaps after reading this edition, you will also understand how to earn a million.

Similar articles

 

 

 

 

Trending Now

 

 

 

 

Newest

Copyright © 2018 en.unansea.com. Theme powered by WordPress.