Author: Vahid Chaychi

Whether you are writing a business proposal, a news article or a novel, a proper outline is extremely important.

It helps you to bring a proper structure to the main concept and then you can add to it.

A business proposal is one of the most important parts of any written text, be it a short composition or a major work of literature.

It would not be wrong to say that often this is your first initiative towards gathering your thoughts, taking forward a plan with constructive strategy going forward.

So even while you are writing a proposal for your enterprise, the business proposal outline is a very crucial element in the entire scheme of things.

Often the final shape of your business proposal is very closely linked to how effective the outline is?

This is because when you proceed along an outline, you are more or less sure of moving along a set structure and more prone to follow a format that can interest investors and various lenders.

What Are the Key Components of a Business Proposal Outline?

Here is the list of the most important components of a strong business proposal outline:

1. Executive Summary
2. A Brief Overview
3. Taking a Realistic Industry View-In-Depth Analysis
4. Customer
5. Gauging the Competition
6. Marketing Strategy

While there can be some exceptions, a typical business proposal would have at least ten primary sections in its outline.

In addition, there are 23 sub-sections too.

It is needless to mention that once you get these various sections and subsections in place, filing then up and completing the entire business proposal does not take a very long time.

You have only to create content in accordance with the section.

And you would have the entire proposal ready in a matter of hours.

1. Executive Summary:

This is primarily the first part of any well-formatted business proposal.

Often it is known as the essential window to the entire proposal.

If the readers do not like the executive summary, it is unlikely they would get past the rest of the plan properly.

It is more like a window to the entire business proposal.

Therefore it becomes a rather significant part of the business proposal.

Your outline too needs to, therefore, provide for it in an appropriate manner.

This will make sure that all key elements are touched upon.

And the core summary of the proposal is not compromised with.

Ideally, you can look at starting the executive summary with a precise and clear explanation of the company’s essential business plan.

Now refer to the RFP and try to understand the core essence of the client’s problem.

Now try to explain how your business seeks to address this problem and why you should bag the order.

List out the various competencies in your executive summary like:

1. Some unique features of the management elements in your company
2. In case you have important patents
3. In case you have the first mover’s advantage in the market, do no forget to highlight that

The ending of the executive summary also needs to be equally impactful.

Put up the entire financial estimates list.

From expected revenue to the profit projections, this is the most prominent place in the entire business proposal to highlight the financial viability and broad professional worth of the overall business model.

In case, you are seeking any specific funding requirement over the next few years.

This is the right forum to raise the subject.

Be clear in your estimates, projection and requirement.

This will convince the client about the financial viability of the claim that you are putting up as well.

2. A Brief Overview:

The second most important element of a business proposal outline is decidedly an overview of the company and its business fundamentals.

You can detail out a broad history of your company, how it was conceptualized, how it came into being and the primary highlights in terms of the key achievements of the enterprise thus far.

This is also the exact spot in the entire business proposal to specify the kind of legal standing that the company might have.

Especially the past accomplishments of your company are of great importance.

This gives a fair idea to the client about the business worthiness of your establishment.

This also makes sure that the potential for your future success is closely associated with the kind of success that you have experienced in the past.

The client also gets a realistic view about the kind of value addition that your induction in their team can mean.

3. Taking a Realistic Industry View-In-Depth Analysis:

We move from specific to generic in the next lap of business proposal outline.

You must realize that the outline is created to make sure that the content of the business proposal is as comprehensive as possible without unnecessarily making it too boring or unusually long.

The importance of industry analysis is also relevant to draw inferences about industry-specific growth parameters.

It is also relevant to and where your business enterprise stands in comparison to the competition.

Now this industry analysis can be divided into two sub-parts.

They address completely different aspects of industry dynamics.

But they are also an integral part of the overall analysis of business worthiness of a specific concept that you might be presenting to your client.

– Market Analysis:

In this subsection, you present the key market dynamics that business operates in.

In any business proposal outline, this is a key sub-sect that helps the client understand the kind of market dynamics that the company operates in.

It specifies the key size and the unique characteristics of the market that the business operates in, the primary factors that decide the sectoral performance and the parameters that decide the overall success rate of the business.

This will also give your client a fair idea of the market trends that need to be kept in mind while deciding a business strategy.

For example, if you are a publisher, you would include these:

• Details like the business prospects of the publishing industry in your area.
• The average turnover of the entire publishing business.
• The number of books that you publish every year.
• The number of books published by the industry in general.

– The size of the Market:

The next key ponderable is, of course, the market size that you operate in.

There are many reasons why it forms an almost indispensable part of any business proposal outline.

It gives the client an understanding about the maximum revenue that your company could generate, if it had 100% share and also the maximum amount of customers that you can target at any given point of time.

All these form an extremely crucial list of considerations that you must take into account when deciding on the business opportunity that a particular enterprise presents itself.

4. Customer:

When you are putting together a business proposal, the next key factor to take into consideration is undeniably the kind of customers that you can aspire to garner for your business.

Apart from the market, the customers are the next most important consideration for any business proposition.

It helps you identify the viability of the business proposal that you might be floating and gives you a realistic view of the kind of profitability that you can target overall.

So you must make sure that you include a subsection about the target customers.

This is the fundamental law of any business.

It is not just sufficient to float a business idea.

It is also important to understand the kind of people who would be ready to buy your offering.

You should also know the maximum number of people who would actually understand or appreciate the need for the product/service that the business is offering.

This is important for the client to whom you are presenting your business proposal.

This is because it gives the client a fair idea about the potential scalability aspect of the business and also the demographic dynamics that the customer profile presents.

You must understand that both demand and scalability of a business is closely related to the relative demand-supply matrix.

This is why your business profile outline almost makes it mandatory to include details about why the target customers need your product offerings and how you can offer them a reasonably good quality of product and service.

Reliability, comfort, business viability are all interlinked with this key question of customer need and demand dynamics.

As a result, it is important to highlight the advantage that you have vis-a-vis addressing customer demand.

This can convince the client, not just for the demand profile for your product, but also the relative profit prospect and the viability of associating with you to address their problem.

Your customer reach can sometimes even indicate your troubleshooting abilities as an enterprise and the kind of good will that you will be able to generate or that you already enjoy.

5. Gauging the Competition:

Now why does competition figure in your business proposal outline?

Well, that is because when you are taking into account the complete business prospects, competition and how you fare in comparison forms a very important part of the game plan.

A huge range of business dynamics come into play, and the way you can tackle competition also goes on to identify the profitability element for future.

But competition is not uni-dimensional.

There are many aspects to this entire competition aspect.

There could be some direct factors and other indirect contributors to the overall competition elements.

Here is a detailed study of the various competition parameters that you must take into account:

– Direct Competition:

This is the place where you have to list out the potential companies which offer direct competition to you.

Essentially they cater to the same set of customers that you are catering to and probably offering the same gamut of services that you might be specializing in.

An example of this could be P&G and Unilever.

On a global basis, their product range is similar; they are also addressing a similar set of customers.

But the fact that they are still sustaining as strong brands individually across geographies highlight their competition strategy.

In the same way, your business proposal outline needs to include the strategy that you are employing to tackle this type of direct competition.

Also, outline the relative strengths and weaknesses of your competitors and how you fare vis a vis them.

– Indirect Competition:

Direct competition is relatively easier to comprehend.

For example, if you have a grocery store, the kind of competition that you face from other grocery stores in the area.

But when I am talking of indirect competition, I mean the kind that you might be facing from a medical store next to you or an eating joint with readymade food options might present.

Your business proposal outline needs to carefully take into account these competitors and how you plan to deal with the competition.

– The Advantage over Competition:

The next key factor that you must keep in mind is how to outline your preparedness to deal with competition.

That factor alone will help convince your client about the possibility that you can book profit and also the fact that you can offer them a sustainable alternative to solve their problem.

You must clearly outline your strategy to deal with both direct and indirect competition in your business proposal.

6. Marketing Strategy:

Marketing is one of the key pillars to base your business upon.

Therefore, it is but obvious that the business proposal outline will prominently account for this particular pointer.

You must understand that however or whatever factors you might base your business, the absence of a proper business plan can impact the overall profitability to a large extent.

In fact, the absence of a proper marketing plan can also result in severe losses in terms of inappropriate pricing and inaccurate allocation of resources that need to be kept aside for each of the separate subsection under marketing.

So what are those sub-parts of marketing that need to be highlighted in your business proposal?

They are:

– Product Pricing:

You must give details of various products and their pricing specifics.

Also, list out how your pricing stands in comparison with competitors and if you have undertaken any specific pricing move to tackle the competition.

These elements are crucial pointers in your business proposal outline and are aimed at providing a far constructive understanding of your business strategy.

It also clients better guess if you are a premium brand in the market or relatively low-cost player.

– Product Offerings:

But just pricing is not sufficient in itself.

It should be provided hand in hand with a broad outline of various products and services that you offer.

This is particularly important as the client can gauge the relative volume Vs value offering that you can generate.

This will also help them understand what kind of value addition your business manages to bring forth to you and by extension to them.

– Promotion Prospects:

Marketing is never just about the direct selling of products.

This also includes the broad outline of the promotion initiatives that you might have undertaken.

Promotion is most important as the client would need to have a fair idea about the reach of your business and how exactly do you manage to maintain or continue to have this reach.

So it could be promotion via print or television, WhatsApp direct promotion or ads that you might have created for the same purpose.

This will also help the client understand the broad promotion avenues that they can leverage through you.

– Distribution Scope:

Apart from making sure that the pricing is mutually decided and well strategized, it is important that customers can buy your products easily.

This is where the distribution element comes to play.

Are you a business that is taken forward via direct selling or do you distribute your products through local shops?

You might also have several distribution partners who would be helping you in taking your product to others.

Make sure that your business proposal outline has details of these various distribution factors.

Together all of these various elements make for a constructive business proposal outline.

They make sure that every element of your running the business is properly highlighted and the potential client gets a comprehensive understanding of the overall business dynamics.

These outline also help you gather your thoughts in a proper manner and then steer the business in a profitable manner.

As a result, when a potential client floats a RFP or account of their problems that they are looking to address, you can easily provide them with a comprehensively written business proposal.

It helps them to chart out your progress in an extremely definitive manner and enable a rather complex and complicated interaction and interpretation of the different factors that enhance the profitability of those who might hire you.

A business proposal is after all not just a mere detailing of what business you run or how you run it.

On the contrary, it helps a potential client get a ringside view of both specific business as well as the generic industry that you are looking to cater.

The Dos & Don’ts of Writing a Business Proposal Outline

However, when you are charting out a business proposal outline, there are some basic dos and don’ts that you must follow.

They not only improve the quality of the business proposal that you need to create but also help you provide a rather clear picture to the client about the business or solution that you are offering in response to their RFP.

These include some detailed as well as some rather obvious misses that we tend to make while creating a mega document.

The Dos of Business Proposal Outline:

1.  Include Several Sub-Headers:

The sub-headers do not just break the monotony of continuous text.

But in many ways, they also improve the readability of the business proposal that you are creating.

They help divide the text into many sub-parts, and even if someone glances through the document, they will be able to comprehend the broad elements of the entire proposal.

It is rather important that the sub-headers are appropriately named to attract the reader’s attention and help them continue with the text for a far longer that one would have normally done.

2. Keep a Conversational Style:

The narration style also needs to be decided along with the business proposal outline.

This is because the entire purpose of the outline is to create a better and more acceptable style of documentation.

It is the quality of the outline that goes on to play a definitive role in the overall quality of the entire composition.

So a conversational style from the word go will ensure that the reader is hooked on to the document and will devote a fair amount of time and energy towards creating it and maintaining its consistency in quality and content.

3. Undertake Proper Research:

A business proposal outline plays a definitive role in defining the overall picture of your business.

Therefore you need to put in proper research and hard work in creating it.

This will make sure that you can dish out a quality product with a keen eye on small details and big elements altogether.

The research will help you highlight the unique aspects that your business represents.

It improves the chance of the business proposal getting accepted in the first available instance.

Just copying pasting mere template from the internet would not help you achieve quality.

You might consider that just the template for a business proposal outline cannot vary that much.

But the fact is your entire document would be based solely on this single piece of the framework that you are creating.

A sub-par work will show manifest itself.

This is exactly why you must remember that research becomes the backbone of a great outline.

The more time and energy you are able to devote, the better would be the outcome of it.

Therefore don’t waste any more time and get to work in terms of creating a great content framework.

The Don’ts of Business Proposal Outline

But there are some factors that you must take care to avoid as well.

This is because they can impact both the readability of the business proposal and profitability of the business that you are dealing in.

So what are the key avoidable while you are discussing and debating the merits and demerits of a great business plan outline?

These include many factors that can make the content boring or a rather dull read.

Here is a lowdown:

1. Avoid Repetition:

Carefully select all the parts and sub-parts of the business proposal outline.

This is because sometimes you might create two separate sub-parts that might mean the same thing or highlight similar factors.

While you might think you are giving more information in this process, essentially this would mean that the reader will be reading the same or similar set of information twice.

That cannot make for an interesting read.

So it is very important to select your content carefully and then based on that, take a call on how and where you place it in the overall business proposal.

This way, the outline becomes a crucial factor to base a clear narrative upon.

2. Be Clear:

Whether you are creating the simple outline or writing the entire business proposal, it is important not to go overboard.

That can impact the relative acceptance of the proposal quite seriously and in many ways, hinder the business growth too.

It is very important that you are clear and concise in your overall approach and help maintain a focused perspective in your entire narrative.

This can also help the reader or potential client get a lot of information in a very pointed manner and without too much of effort.

The idea is the client should open your business proposal, and the fact should be all staring in front of him.

3. Don’t Just Go by a Template:

A quick search on the internet would reveal that it is never difficult to get access to a business proposal outline template.

Almost every single business variant will have a template that caters to the unique demands and possibilities offered by the specific sector.

However, that said, it is never a great idea to blindly follow a template and create your outline.

Remember that is something the client is any way expecting.

What can help is creating a unique outline that totally does justice to the business proposal that you are offering.

Business Proposal Outline Is Often the Backbone of a Great Business Proposal

Therefore, we can conclude that the business proposal outline is often the backbone of a great business proposal.

The inaccurate or misleading construct of this framework can severely impact the acceptance of the final business proposal.

As a result, when you are creating this final product, it becomes essential to pay attention to details.

Careful detailing can often go a long way in determining the quality of the content as well as the profitability of the business going forward.

Moreover, a well chalked out business proposal outline always highlights the entrepreneur’s business senses.

Often for the client, this outline does not just represent the financial viability and mettle of the business.

It is also an important element in understanding the business sense and ability of the entrepreneur involved.

However, a cardinal rule while chalking out the business proposal outline is a thorough study of the RFP that you are responding to.

This is by far the most important factor that goes on to define the quality of the business proposal outline.

Indeed, human resource management is perhaps one of the fundamental entrepreneurial challenges that need to be addressed right at the behest.

An entrepreneur faces many challenges on the road to entrepreneurial success and overcoming them effectively is often the key to greatness.

While ideas, funding and daily running of the business efficiently are one end of the picture, the other end involves creating the condition conducive for efficient output.

By that, we mean handling the staff that is responsible for the efficient running of the firm.

The firm’s efficiency, as well as overall success, is deeply connected with this key factor.

As the entrepreneur creates an enterprise, it gradually transforms from being a one-man show to a team effort.

The entrepreneur, therefore, wears many hats.

Not only should they be able to deliver their dreams, in reality, but they also need to understand that they have to get the entire team to work with them.

So as an entrepreneur, the challenge for you is to understand that it is no longer your independent show.

The brilliance of your plan will come forth only when you are able to pass on the passion to your team, and they are able to share your ideas.

They need to be engaged continuously and bring forth a meaningful value addition to the effort that you are putting together.

And, that essentially would be effective human resource management.

What Are the Key Principles of Human Resource Management?

Here is the list of the human resource management key principles that make you a successful entrepreneur:

1. Creating A Strong Human Resource Management Team
2. The Right Recruitment
3. Communicate Your Expectation Well
4. Responsibility Allocation
5. Respect Privacy & Confidentiality
6. Encourage Talent & Diligence
7. Dealing With Problematic Employees

1. Creating A Strong Human Resource Management Team

First and foremost, you need to create a strong team.

For that, you need to first and foremost make a broad plan for the overall recruitment drive.

Bringing in the right amount of staff is extremely important.

Too many people would mean chaos and too few would hinder efficiency drastically.

The first challenge is, therefore, fixing the total number of staff that you need and then go about recruiting them.

As an entrepreneur, you must understand that human resource management is all about creating a happy marriage between the requirement of the department in focus and the budget that has been allocated for staff recruitment.

You have to remember balance, just like in financial management of a company, is very important while you are trying to bring in a happy mix of efficient and talented staff.

2. The Right Recruitment

Achieving the right recruitment mix is not just bringing in a lot of talented people.

As a keen entrepreneur, your focus has to be on getting the right person for the right job.

Here more than talent, it is important that you get a person who is well suited for the job.

Even if that means you settle for someone with lesser degrees or lesser experience, it is fine.

But while recruiting you must ensure that this person totally understands the job that is expected from him/her and is well geared to deliver it flawlessly.

One important aspect that can ensure this you have to be very clear in your overall directive about the job requirement.

People who you are interviewing must understand clearly what’s expected from them and how you want the job to be executed.

The tests that you formulate during the interview should also aim to find out the person’s adaptability to the job requirement more than the general talent.

For example, if you are looking to hire a manager, that person needs to be an excellent team leader, and it is okay to be perhaps slightly mediocre in core area expertise.

This is what will ensure effective human resource management.

4. Communicate Your Expectation Well

So now that the team has been hired, you need to engage in effective dialogue with them.

Interact with them in a friendly but effective manner so they totally understand what your expectations are from them and how well they can work towards fulfilling your passion.

So avoid rhetoric and get to more direct and to the point speaking.

This will ensure that there is no ambiguity and the staff understands the challenges and expectations clearly.

The right understanding often yields the most appropriate solution.

When the staff you hire understand the requirement clearly, they will be able to deliver the job a lot more efficiently.

This will mean that there will be additional positivity all across the workplace… a happy you and a happy workforce would only mean a happy workplace.

While the smiles of your staff might not show on the balance sheet directly.

But they surely reflect in your overall success and precision in your output.

Thus human resource management brings in a greater degree of commitment from your staff.

And in many ways it can also address potential attrition conditions a lot better.

5. Responsibility Allocation

Clarity in communication is not just important for efficient output but also for effective execution of responsibilities.

Therefore it becomes immensely important that the staff gets a clear idea about who does what.

In this way, you can ensure that there is no doubling of responsibility and wastage of time in delivering them.

For example, let’s take the HR department only.

Let’s say you have a total staff of 10 to handle the responsibility of 200 people.

Now instead of all of them handling everything, you must allocate responsibilities very clearly.

One person needs to handle payrolls.

The next one could handle benefits, one for enrollment while the fourth one could look at overall recruitment and talent management and the like.

This kind of distribution ensures that the team is able to perform a plethora of responsibilities in the same go.

Time, as a result, is much better managed this way and the staff too can work under a lot less pressure as they go about performing their responsibilities.

Therefore what an entrepreneur achieves is effective human resource management and precision in overall execution.

This no doubt leads to creating effective delivery channels.

6. Respect Privacy & Confidentiality

In many ways, efficient human resource management is a lot about respecting individuals and allowing them their privacy.

Just because you have hired them, it does not mean that your staff is answerable to you for every action they undertake to keep it very professional.

Of course, they are answerable to you in terms of the time they spend in the office and the responsibilities they undertake.

But that does not mean that they are in anyway answerable for what they do beyond office hours.

Keep your relationship with the staff strictly professional and convey your empathy for them in a dignified manner.

The other key aspect in this context is respecting an individual’s confidentiality.

By this, we mean that when you hire your staff, they need to disclose a lot of details about their health, wealth and family.

You as the entrepreneur and the HR staff who handles this information on your behalf should be discreet about not sharing the information with anyone outside the office.

The confidentiality of the staff details cannot be compromised at any cost.

The effort needs to be taken that it is protected and in no way misused with any type of ulterior motive.

7. Encourage Talent & Diligence

Remember whenever talk of efficient entrepreneurship, innovation is often considered the core of excellence.

In this context, it is important to mention that as your enterprise grows, it becomes essential for every member of your staff to try and innovate as efficiently as you do.

Often to achieve this, you also need to don the role of a mentor in your firm.

You have to try and encourage staff to start thinking out of the box, take ownership of the responsibilities that they take up and importantly they are able to deliver as well as you expect them to.

To bring about appropriate human resource management, you might sometimes even need to encourage them to undertake some training if required.

This is to ensure that the innovation procedure is not compromised under any circumstance in your firm.

Additional training processes, regular knowledge upgradation and even team engagement measures like offsite can go a long way in encouraging your staff’s talent and diligence to come to the forefront.

This also ensures that they are able to go about executing their responsibilities a lot more efficiently and appropriately.

As a result the positive vibe in the workplace gets enhanced.

8. Dealing With Problematic Employees

Whatever initiatives that you might undertake to make your staff happy and engaged there is always a chance of having a small percentage who are not happy.

Remember that human resource management is a lot about helping all of these people to change their stance as well.

So how do you deal with unhappy employees?

Here is a quick rundown:

1. Thorough Assessment

First and foremost you must work towards identifying the problem area and work towards alleviating it.

In this context, you must remember that you need to avoid assumptions at all cost.

Do not jump to conclusion, give your staff a patient hearing and then work towards creating a sustainable solution.

Whatever the problem is whether they are unhappy with the management, staff or just their job profile, always give them a patient hearing and then work towards a solution.

Look at offering assistance through various employee-related programs.

2. Delaying Tactics do not help

Always remember the longer you wait to address an issue the worse it becomes and in some cases even irreversible.

No one really looks forward to situations like this, but if you have t handle it, it is much better to do it now more than any other time.

Confrontation is most times the best way to deal with these kinds of problems.

Not only can you help root out a problem.

But you can also nip in the bud any kind of unwanted negative forces building up in your firm.

3. Don’t Compromise Privacy

Remember the cardinal rule of privacy is important in this case as it is in any other aspect of effective human resource management.

If you have to address a particular staff or if you need to speak with a specific team, it is always better to do it behind closed doors.

In this way, you are conveying the message to your staff that you are looking at resolving their issues and also committed to their happiness and satisfaction.

This also helps you in winning your team’s commitment at all times and them looking at you as your genuine well wisher.

They begin to see you as stakeholders in their happiness and often reciprocate it helping enhance the team’s efficiency.

4. Don’t Lose Your Cool

Remember that when you are trying to address an unhappy situation, it is quite simple to lose your cool, but it might not be the best course of action.

Tempers will be frayed anyway, and you cannot achieve anything by it.

On the contrary, a level-headed approach can always help in bringing out long-term gains.

The staff members in question will also be more comfortable in talking about their problem.

Unnecessary shouting can only make them more uncomfortable and even convince them to stay quiet.

The problem is the bargain you might lose out on a talented asset.

So best to try and remain calm and talk politely.

Mutual respect is one of the biggest policies that you must follow in the workplace.

5. Don’t Be In a Hurry

When you are dealing with unhappy customers and trying to fix the unhappy situation, please remember that it never helps to try and rush through it.

Speed does not help at all.

On the contrary, it could only add to the existing problems and even complicate the matter.

Don’t be under the belief that you can fix everything in one simple meeting.

Often it takes a lot more than that, maybe series of chats.

Yes, it can be often problematic and even frustrating to you as an entrepreneur.

But remember, in this case, patience is the key to efficient human resource management.

6. Don’t Forget To Record

Most importantly it is important to document and keep records of all the conversation that you have with your staff.

You must always document the outcome and result of anything you speak in meetings.

So you can clearly put forward your case in case of future conflict.

Remember to keep a positive tone, and the records should not work against you.

Also remember that if you have to part ways with an employee, it is always better to do it on a positive note.

Conclusion

As a successful entrepreneur you have to work continuously in creating an environment conducive for your staff to excel as well.

Efficient human resource management is about managing your staff efficiently, keeping their interest in your mind and looking at long-standing and sustainable solution that also aids future growth going forward.

Everybody would love to become rich. Most people want to live a happy and prosperous life.

And, money is a vital factor in having that kind of life, whether we want to accept that or not.

Some people resent the rich and are envious of those who have money.

But most of those same people are among those who dream about and would love to become rich.

However, they don’t know how to make it happen.

Many of them aren’t enthusiastic or motivated enough to take the necessary steps to becoming rich.

They may even go so far as to say they don’t need money to be happy, that happiness comes from within.

But this is a simplistic view.

Why?

While money is not everything, it is important.

In fact, money is a critical factor in having a good quality of life.

It opens the door to unlimited opportunities.

By comparison, poverty has been said to be the root of all evils, a breeding ground for despair, grinding toil, missed opportunities, crushed hopes and dreams.

Money can break the cycle of poverty by providing for a better education for your kids, which is something you can never ignore.

Education is a must and having money is the first and most important prerequisite of starting any course or creating a better future.

I am sure you agree with this.

The question is how can you make enough money to not only to cover all your expenses, but to also provide a comfortable and happy life for your family?

How can you reach an income level wherein money won’t be a problem?

How is it possible to achieve lasting financial freedom?

No doubt, you’ll agree, there are many things you want to do in life, but there is usually one problem that stops you: You don’t have enough money!

How frustrating.

Without enough money, you may feel your life is like a train that is stuck on the tracks and that can’t move forward.

How is it possible to resolve the never-enough-money problem forever?

How to Get Rich Fast

Here is how you can get rich fast in two simple steps:

1. Establish a reliable and strong source of income to make a lot of money.
2. Force a portion of the you make to make more money.

This is hard for most people to do.

However, there is a business system that takes care of both of the steps for you.

Please keep reading.

I will tell you what system it is at the end of this article 😉

I don’t know of nor do I recommend get-rich-quick methods, but I do know of some solid and proven ways of achieving financial freedom, or that’s to say, money, time and location freedom.

I said how to get rich “fast,” because time is also very important.

Surely you don’t want to spend all your time or even your whole life trying to make enough money to become rich.

If you had to do this, you wouldn’t have time left over to enjoy your money and wealth.

You need enough money and then enough free time to be able to not only enjoy your money but enjoy your life.

So, following a system that can help you become rich sooner is a far better choice.

There is likely no legal and legitimate get-rich-quick method that really works and that can make you rich.

But there are some legal and legitimate ways to wealth that while not as “quick” are fast enough to help you get where you want to go, so that all your time isn’t sucked away and you are able to enjoy your wealth while you are still young enough to truly live the good life.

Here is how to start building your wealth.

Below, I am giving you the simplest formula to become rich… and richer… and richer, and within the shortest possible time.

There may be other ways to do this, but they are not as simple, reliable, and strong as the below method.

I simplify everything in a way that truly works for everybody, not just some special groups with special skills and abilities:

1. A Reliable and Strong Source of Income

To become rich, you need to be able to make money.

A lot of money.

And to make a lot of money, you need to have at least one reliable and strong source of income that also makes money for you consistently.

People start their own businesses to establish a reliable and strong source of income.

Everybody knows that one can’t become rich by working for others at a 9-5 job.

That is merely a treadmill where one trades their time for a set amount of money but not for real wealth.

That is why starting a business is what comes to people’s minds, when they think about ways to become rich.

That makes a lot of sense, but the problem is, almost 95% of small businesses don’t go anywhere and are doomed to oblivion according to Bloomberg and US Bureau of Labor Statistics.

Starting a new business is not easy and it requires spending much time and money upfront, even before it’s clear whether it will become profitable or not.

On top of that, it may be costly to promote.

Following a business plan that has never been tried and proven is a big mistake, because it is highly possible that it will fail, so, never think about starting a business based on a business plan that is projected to be successful but isn’t yet successful.

That is why many who start their own businesses end up becoming slaves to their businesses.

While it might have seemed like a great idea to work for themselves and not for someone else, they didn’t count on working 24 hours a day, 7 days a week.

They started a business (1) to become their own boss, (2) to gain time-freedom, and (3) to get rich.

Instead, they find working for themselves involves longer hours and they never become rich because the business doesn’t make enough money.

Even if the business does turn a profit, it may not be worth the time and money you’ve invested, because some businesses are not only extremely challenging but the profit they generate is simply not worth the time you have to expend.

Life is too short to waste on the work-for-yourself-the-wrong-way treadmill.

You may have huge plans and dreams but you can waste a lot of time and money trying to run and promote a successful business.

Go about it the wrong way and your efforts are doomed to failure.

There’s a far better and easier way.

Spend your time and money wisely by starting a business that provides you with a reliable and strong source of income, a business that becomes successful and makes you rich within a short time.

The Features of a Reliable and Strong Source of Income

(1) Easy to start, (2) easy to run, (3) easy to maintain and (4) easy to promote.

These are the most important features of a good business.

Other important features of a good and strong business are (1) it makes lots of money, and (2) the money increases month after month and year after year.

But the business has to be scalable, otherwise it is not worth it to run and promote it.

Why?

Because a business that can only make a fixed amount of profit will go down sooner or later, because it is not able to keep up with new competitors.

Only a scalable business is able to survive the competition.

I can’t go into details and explain the reasons in this article, but there are proven reasons for what I am saying.

To learn more about this, you can refer to the below articles:

1. Following a Proven Business Plan Is the Success Key
2. Scalability: Do Not Start a Business that Is Not Scalable

So, to get rich, you have to have a good and strong source of income that is (1) easy to establish, maintain and promote, and (2) that is scalable.

Having a reliable source of income as part of a great business is key.

This is what everybody needs to have a fantastic and fulfilling life.

However, there are two important questions here:

1. Can you really get rich just by having a reliable and strong source of income?
2. Is having a reliable and strong source of income enough to become even richer?

As I mentioned, having a reliable and strong source of income and a good and strong business are critically important and can make the difference as to whether you truly enjoy your life or not.

But you have to have something more, if your goal is to become rich and richer…

2. Reliable and Strong Investment Opportunities

When your source of income makes money for you, you then have to use a portion of that money to make even more money.

This means that after establishing a reliable and strong source of income, ideally, your money should “work hard” to make more money for you, so that you work smarter and not harder: Don’t Work Hard to Make Money: Make Your Money Work ​​​​​​​Hard for You

This is what the rich do.

They have at least one reliable and strong source of income that makes a lot of money for them.

Then they use a portion of the money they make to make even more money.

It’s a win-win.

They have a proven system wherein their money “works hard” and makes more money for them.

You can become a millionaire through a reliable and strong source of income.

But if you want to become a multi-millionaire, then you have to consider the proven potential of making more money through reliable and strong investment opportunities.

What Are These Reliable and Strong Investment Opportunities?

1. Source of Income and Your Own Business:

When you have a steady and strong source of income that is also scalable, you will make more money, the more you invest that money.

So, you can always use a portion of your income to promote your business and thus it will make more money for you.

This is one of the best and easiest ways of making more money.

2. Currency, Stock and Real Estate Markets:

You can also invest in currency, stock, and real estate markets if you know how to do that and are aware of the risks and opportunities.

There is no doubt that these markets can be great opportunities for you to increase your wealth and/or become a multi-millionaire.

However, you have to know how to do it and you have to have good and experienced consultants that guide you along the way: A Short Term Investment Strategy That Makes You a Millionaire

How to Start

I hope you have read the above words very carefully and understand my points.

If so, now you know what you need to become rich.

The question is, how you can start?

You know that the first thing you need is a reliable and strong source of income that is generated through a system (business) that works hard for you.

But how can you establish such a source of income through a system that includes all the features I explained above?

1. Establishing a Reliable and Strong Source of Income

I am not here to waste your time and money by referring you to the systems that don’t work.

Those who have been following us for a while, know that we always offer the best solutions.

That is why there are so many who trust us and refer to our website on a daily basis to read our posts.

As you can see, we currently have over 24,000 loyal subscribers, and this number is increasing every day.

That is the best proof of the integrity of our words and systems: 

Fortunately, there is good news for those who are eager to improve their lives and enjoy the real meaning of wealth and financial freedom… those who are brave enough to take action…

We have a great, proven system to establish a reliable and strong source of income that you need and can use to get rich.

This system has all the features I explained above.

It is easy and safe to start.

Unlike other businesses, one can make this system work within a short period of time, if he/she follows the directions properly.

Having a great source of income has never been easier.

To setup this system for you to start making money through it, there is a one-on-one coaching system. You will have some personal coaches that (1) teach you everything you need to know, and (2) help you start your business as soon as possible.

To set up this system for you to start making money, there is a one-on-one coaching system.

You will have knowledgeable personal coaches that (1) teach you everything you need to know, and (2) help you start your business as soon as possible.

I have already talked about this system in different articles.

However, here I should let you know that this system works based on the Data Technology which is the revolutionary feature that the Internet has given us: What Is Data Technology and How It Can Make You a Millionaire?

2. Making Your Money Make More Money

After establishing the source of income and when it starts making money, we will help you use a portion of the money you make to invest in your business to make more money.

As your business is scalable (please refer to my above explanations), it will make more money, the more money you invest in it.

Additionally, in case you want to invest in currency, stock, and real estate markets, we can help you, because not only are we experts in business, but we are experienced and knowledgeable in market analysis.

People find us mainly because they are interested in currency and stock trading.

But on this website, we show them the right way of doing it: Trading Strategies Don’t Work If You Don’t Choose the Right Living Strategy