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A good idea.
A hunger for $$$.
Charming Personality.
Working till your eyes are going to collapse.
Knowing your audience.
Not giving out too many favors, but keeping your best clients in good relations.
Making a lot of sacrifices.

 
You wouldn't believe that I published a book that sold at least 100 copies in a 8 month period!


My question to you is why are you asking on MTF?

Everyone here sits in their arm chair and furiously types the word mug over and over again and doesn't have a life outside of this forum...
 

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Well it's possible in fact to start business for everyone but making it successful isn't easy and not all people can do this. Your main character features for this will be patience, strong motivation and inner spirit, being ready for long and hard work, also high level of self-organization. All these things are so important because making any company successful and profitable takes really much time and work, and you'll always face various risks in the process :nerd:
Also in general the other necessary things are:
- having clear goals and interesting, competitive idea for your startup
- having good knowlegde about what you're planning to do which includes your sphere of work and general business strategies
- making a good business plan
- finding start capital
- developing a network for your partners and clients
- creating a strong and professional work team
- creating an effective management system which will the basis for the good work of your whole company
- using the newest tech innovations https://idapgroup.com/blog/logistics-companies-need-mobile-application/ for improving all your business processes
- professional advertising
 

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Well, historically the way to do it is to exploit people in far away lands by paying them as low of wages as you can legally get away with, which, even so low and impossible to live on, is still better than their other options. AKA financial slavery. Then, create marketing ads in the rich countries trying to create a need for your product. Envy and jealousy work well. So does laziness. Anything you can sell that makes people have to do less, people will pay for it.

If you can bribe lawmakers with money and favors to pass laws and taxes that enhance your business, even better. Garbage, unhealthy food that taste good and is quick to get is always in demand. Make sure your supply chain is also exploited to the fullest. Don't pay a penny more than necessary. Bit of a dystopic viewpoint but it is what it is.

On the more positive side, just provide a solid, consistent product and a good price, be a good person to your clients, build trust and love amongst both your employees and partners. Plus many of the other views expressed in this thread. If you want to make good but not crazy money and keep your sanity and soul, follow this paragraph. If you want to make ridiculous amounts of money and don't care what happens to your soul, go ahead with the dystopic suggestions.

Best of luck!
 

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Everyone here sits in their arm chair and furiously types the word mug over and over again and doesn't have a life outside of this forum...
This is your theory. Here is another: most MTF posters are tycoons, who are stressed after difficult contract negotiations.
 

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This is your theory. Here is another: most MTF posters are tycoons, who are stressed after difficult contract negotiations.
I believe this. The way these guys talk about winning, and heart and mental toughness, they have to the creme de la creme of life.
 

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I believe this. The way these guys talk about winning, and heart and mental toughness, they have to the creme de la creme of life.
Exactly. Because they are all incredibly succesful people, they just can't tolerate the mediocrity they see on the ATP tour constantly.
 

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im wondering whats your goal to be a successful businessman so you will be rich or richer? to have more success with the ladies? to have power?
 

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One advice - if you think of opening a shopping mall and you have gathered half the money for that, while counting on financing the rest in running - don't do it.

Use what you have for opening a haircut saloon, the most luxurious, highest end you could possibly come up with.

Or a gourmet shop. Or smth small, you would think the money you have for starting it are waaaay too much.

Do that, then develop it, make it work and then when it has its own website, online shop, own app, good clients' club cards, etc,.etc. - do a new one with the winnings, find the best possible location and then another one, and so on, up until Bezos buys you off.

Then buy a small tennis club on some sunny island, make it an academy, build a small hotel next too it, enlarge the fitness, direct your marketing toward the vast Russian market and after it yields a GS 2nd round player, come back here to say how you know it all and we're all just losers sitting here not having the slightest idea how tennis actually works.

Thank me later.
 

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A step by step guide for moderate income

1) Get six pack abs
2) post a lot of shirtless photos on instagram, preferably doing incredible feats of athleticism like handstand push-ups, human flags, or one arm pullups. Make sure to add your email on your instagram bio.
3) become a personal trainer and fitness model and endorse a ton of supplements
4) profit
 

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This is your theory. Here is another: most MTF posters are tycoons, who are stressed after difficult contract negotiations.
I believe this. The way these guys talk about winning, and heart and mental toughness, they have to the creme de la creme of life.
Exactly. Because they are all incredibly succesful people, they just can't tolerate the mediocrity they see on the ATP tour constantly.
 

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Get your dad to give you a 'small' loan of $1m...
 

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There is no golden rule or one way to achieve this goal. Honestly, it all starts from mentality and the way you deal with money. Find 1 thing you like and can be good at. Work on it, develop and try to make it profitable. Once you will be able to gain profit from your "hobby" invest money into in. Don't have money? Go to bank or take installment loans online. It is easy, especially if you don't need millions + it is a short-term loan.
 
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