Any business ideas or strategies.
2006-09-13 02:54:51 · 4 answers · asked by Anonymous in Business & Finance ➔ Small Business
Get others to invest in your business, or simply start a business and borrow...
2006-09-13 04:57:48 · answer #1 · answered by NC 7 · 0⤊ 0⤋
Yeah, it's called 'leverage'. A common example is the margin account, where you only have to put up about 1/2 of the cost of the stock you buy. Most home buyers (in the US) only put up about 20% of the value of the house they buy, and borrow the other 80%. If the house goes up in value by 20%, they have doubled their investment.
2006-09-13 03:10:58 · answer #2 · answered by Michael K 6 · 1⤊ 0⤋
To use other peoples money concept can make uneasy to many people.How ever to create wealth is Time compounding & Income compounding.Team effort,empowering other people and make them a leader will definately lead to anormous wealth.That's what wealthy people have done.I know some books that I can recommend.Also I know some people whom I am associated as well.
If you would like to know email me.
ppandya_1@yahoo.com
Prakash
2006-09-13 08:10:53 · answer #3 · answered by Prakash 2 · 0⤊ 0⤋
visit this site www.makemoney.vjms.net hopethis helps!
2006-09-13 03:03:03 · answer #4 · answered by randyssgirl25 2 · 0⤊ 1⤋