Sunday, September 28, 2008

How People Made A Fortune With “Fool Idea” II

3. Setup Own Business

The other avenue to financial freedom is starting own business with an idea and be an entrepreneur.

Why?

“Money is just an idea!”

The richest self-made people in the world are successful entrepreneurs who turn ideas into money such as the founders of Microsoft, Walmart, Yahoo, Google, and many more.

Accordingly to Investopedia entrepreneurs are the people who have the skills and initiatives necessary to take good new ideas to market and make the right decisions to turn the ideas profitable. The reward for the risks taken is the potential economic profits that the entrepreneurs could earn.

So, if we have the creativities and determination to turn ideas into money, we can start to run our businesses. Most of the multimillion dollars business is started small by a single person or its founders who subsequently acquiring and leveraging the right resources, talents and leadership skill to expand the business idea nationally or globally.