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Wealth Creation Strategies

Wealth Creation Strategies

TEAMWORK - `Together we achieve the extraordinary`

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Wealth Creation Strategies
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" Luck is what happens when preparation meets opportunity "

- Seneca



What People Need
Wealth creation occurs when you produce a product or service that people want and need and are willing to pay for at a price that is in excess of your total cost of producing that product or service. The key to business success has always been the same, find a need and fill it. We all earn our livings by serving other people in some way. Your business goal is to find out what people really want and need, and then give it to them better and faster than anyone else.

Secrets of Market Leadership
Hundreds of companies have been studied to discover the secrets of market leadership. There are three secrets. The first one is Operational Excellence—the company has developed the ability to produce its products and services at a cost substantially lower than its competitors. The second is Customer Intimacy—the company develops a close relationship with its customers based on excellent knowledge of the customer's business. Thirdly, there is Technological Superiority—the company offers a product or service that is superior to that of its competitor.

"Set Yourself Up For Personal, Professional and Financial Greatness!"
To turn your dreams into a reality, you must have tools that will guarantee your success. The chapters in this book have been hand-picked especially for those who have big things to accomplish in their lives. Each chapter will help you take your wealth, personal growth and business to the next level! Take on board `Accelerate with Impact` - ISBN: 978-1-84549-289-2


Additional Value
There are several strategies that you can follow to create additional value for your customers and additional wealth for yourself. Improve your product or service in some way so that it is better than that of your competitors, at the same or at a lower price. Produce or deliver your product or service faster than your competitors. Produce your product or service cheaper than your competitors, maintaining or increasing your level of quality. Offer better follow-up and support services to go along with your product or service than your competitors. Make your product easier to acquire and more readily available than your competitors. Make your prices and terms more attractive and convenient than your competitors. Include additional products and services with your offerings, at the same price.

Reputation
Your reputation in the marketplace determines how much you can sell, and the prices you charge. The friendliness of your staff and the ease of doing business with you is a key part of your reputation. Your credibility with your customers, the degree to which they see you as trustworthy and dependable is a key value to your customers. Selling to an individual customer requires an impeccable reputation and a focus on the improvement your product or service makes in their lives. What does your product achieve for your customer? What does your product help your customer to avoid? What does your product help your customer to preserve? How does your product help your customer to get better results in his life?

Action Exercise
List three ways that you could improve the relationships that you have with your customers.

"Become a Millionaire Simply by Changing Your Habits"
Almost every self-made millionaire has strong financial habits. Habits that help them earn money, help them save money, and help them to achieve their financial goals.

If you haven't achieved your financial goals yet—you may not have the right financial habits. I will teach you successful financial habits that will turn you into a millionaire.
Take on board `Quantum Leap to Success` from Amazon. Click on the connection for powerful information: http://www.amazon.co.uk/Quantum-Leap-for-Success-ebook/dp/B0058NWZIE


Have fun, learn heaps, and enjoy every step of your journey!

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More Economics and Business Inspiration:
`Accelerate with Impact` -
by Colin Thompson ISBN: 978-1-84549-289-2

Accreditation: UK Registered Learning Provider:10025755

ENDS
Note: About the Author Colin Thompson

Colin is a former successful Managing Director of Transactional/Print Manufacturing Plants, Print Management/Workflow Solutions companies and other organisations, former Group Chairman of the Academy for Chief Executives and Non-Executive Director, helping companies raise their `bottom-line` and `increase cash flow`. Plus, helping individuals to be successful in business and life in general. Author of several publications, research reports, guides, business and educational models on CD-ROM's/Software and over 400 articles published on business and educational subjects worldwide. International Speaker and Visiting University Professor.

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