Three Types Of Wealth For Young Millionaires

Diligent and conscientious

Although there are some millionaires who are legendary in their success, they still rely on their industrious hands and years of hard work to grasp how to start the foreign exchange business.

Foreign exchange market through train does not have to earn but earn steady. Billy's case is a typical example. In 1993, at the age of 23, Billy opened a ski shop with less than 20 square meters for the love of winter sports. Since then, Billy and his wife have expanded their business range from skiing equipment to girls fashion and sports equipment. Who knows, "9? 11" has brought them a heavy blow, and the company has been losing money for three consecutive years, almost bankrupt. They went through hardships and reinvented their strength, and finally ushered in a profit of 6 million dollars last year. (related news: how to earn money guide)

In order to wait for opportunities, sophisticated entrepreneurs need to be hardworking, and young people who start from scratch are no exception. Asian American Kate and Dena Slavet have been struggling for many years in various industries in New York and have been looking for suitable business opportunities. By chance, the Microsoft Corp ordered them a batch of gift wrapping bags, which led them to aim at multinational companies' gift markets, and after years of dealing with multinational companies, in 2004, they reached a cooperation agreement with the king of France's exclusive packaging industry, which made their sales last year reached 9 million dollars.

Another way out

Some people like to work hard, while others like to look for market blind spots that others have never noticed. But it is not easy to make a career in another way.

Vine Baat, Texas, 36, has a very different way of making money. The competition in the US industry is very cruel, which makes it very difficult for Wei Nai to avoid competition. He turned his attention to those non-profit organizations: to provide management services for non-profit organizations that are not operating well, and to help them improve their relationship with business customers. Today, his company has served thousands of nonprofit organizations and won a handsome profit of $20 million last year alone.

Benefit oneself and benefit oneself

Some people aspire to build up their career at the beginning of their business, but some people succeed in doing nothing. In 1983, young Joseph Sampiviv suffered from diabetes and could not eat ice cream containing too much sugar. In order to satisfy his hunger, he made himself a sugar free ice cream. At the age of 15, he had developed several kinds of sugar free desserts.

In the United States, there are a lot of fat people. This kind of low sugar food is very popular. Joseph has tried to sell his own dessert, which has been a great success. Today, the 34 year old entrepreneur has developed more than 40 kinds of sugar free food and sold it all over the United States. Last year, sales exceeded $100 million.

Speaking of the benefit of others, Andrew Fox, who is 33 years old, has done a good job. When Fawkes was young, he was most keen on entering and leaving the high-end clubs in New York. In order to save money, he tried every means to rub tickets. Until one day, he suddenly asked himself: why not negotiate directly with the club boss to give preferential treatment to those consumers who are keen on night time life and want to save money? Now through his website, not only can he enjoy the preferential services of the major clubs in the United States, but also find tourist information everywhere, and the turnover last year has reached US $22 million.