After ordinary people make money, remember these 6 points!

In this article, the author shares six things that ordinary people should pay attention to after making money, and recommends it to people who are starting a business or have successfully started a business.

Everyone wants to make money and dreams of starting a successful business one day.

And if you ask most people what they want to do after they succeed in starting a business.

His answer must be: I want to go out and have some fun, I want to buy a luxury car, I want to have a big meal, I want to buy a luxurious villa, etc. In short, he wants to try everything he has never experienced before.

But the entrepreneurial success of many people is short-lived. It is difficult to start a business and even more difficult to maintain it, because many people change after they make money.

As someone who has spent over 30 or 50 million, I would like to give you some sincere advice here.

1. Don’t overspend

What is the point of working hard to make money?

A big part of the reason is to improve one's life and make life better for oneself and one's family.

So after you succeed and earn your first or second pot of gold, you can spend it.

But it must be appropriate. You must plan the money you earn reasonably, knowing how much you can spend and how much you can keep as a reserve.

I have seen several people who, without making much money, immediately bought million-dollar luxury cars, and even took out loans.

While blindly expanding the business, he also bought a luxury car and made various expenditures.

However, when the epidemic hit, business also encountered problems. I sold cars and houses, but lost everything.

2. Don’t borrow money casually

Once you successfully start a business and make some money, when you start buying cars and houses and posting on your circle of friends to show off, people around you will come to you to borrow money.

Never borrow money, because it is easy to borrow money but difficult to repay it.

There is also a saying that when you borrow money, you are a grandson, and when you pay it back, you are a grandfather.

When you ask for money, others will say, "You are so rich, why do you still care about this?"

Relatives here come to you when they want to buy a house, nephews over there come to you when they want to get married, and the aunt next door comes to you when her son wants to buy a car. Hundreds of millions of dollars are spent in all sorts of ways.

Similarly, you should not borrow money from others easily.

No matter how capable you are, you should do things that are within your reach. Always be prepared for danger, as there is no absolute safety when starting a business.

3. Don’t invest recklessly

Thinking that you have succeeded in your business venture this time, you think you can replicate your successful experience, or you think that you are very capable and will definitely succeed in other things.

Never pretend to know something you don’t and be mysteriously confident. There are many industries that you don’t understand, so don’t even think about them.

Especially when some people come to you and praise you highly, even though they don’t have much money to begin with, they will invest again.

The money you earn with great difficulty must be saved and used in the right places.

For example, continue to improve and consolidate your core business.

4. Don’t make a matrix

If you succeed for the first time, never do the matrix.

For example, you may consider franchising, opening more stores, or even adding more business lines.

Originally selling skewers, he now wanted to sell fried chicken, pancakes, cakes, etc.

None of these are practical, and the core goal of start-ups is consolidation.

Ensure that your core business processes are modeled and continuously optimize business issues, rather than easily opening multiple stores, franchising, etc.

Starting a business requires a spirit of adventure and courage, but most people are not suited to expansion.

For most people who start a business, it is suitable for them to make one or two products and one or two stores for ten or twenty years, and saving 10 or 20 million is enough.

99% of people who want ten thousand more after earning a thousand dollars will fail.

5. Don’t give your opponent a chance

When you make money in a certain field or product, or a certain account type is successful, it won’t be long before many people start to imitate you.

So don’t spend recklessly, don’t think about having fun, and don’t invest recklessly.

Instead, think about how not to be surpassed by others and continue to leverage your first-mover advantage to widen the gap with others.

6. Don’t just listen to other people’s advice

Before you succeed, someone gives you advice.

After you succeed, there will be people who will give you advice.

Never listen to other people's advice easily. With decades of life experience, you know best your own capabilities and what you are capable of.

Others may not understand your business, and may not communicate with you for more than an hour or a day. The advice they can give you is all theoretical, or based on their own knowledge and resources.

More than 99% of the suggestions are useless, unless he is a billionaire and is willing to give you channels and orders directly.

Otherwise, no matter how other people's advice ultimately turns out, don't believe it and regret it.

If it is not yours, you will lose it even if you get it.

Based on your own basic foundation, proceed step by step, constantly optimize existing problems, listen to customers' suggestions, and save more money, which is the most important thing!

Even if one day you can't sit still anymore, as long as you don't invest indiscriminately, your wallet will still be full.

7. Don’t be too ostentatious

Remember! Remember!

Once you get rich, you must keep a low profile!

Previous article: Please start your business quietly and make money quietly!

Countless pairs of glasses are staring at you!

Just like live streaming sales, as long as you are a little successful or show a little arrogance, someone will target you.

Malicious reports, complaints, or even taking your products for monitoring and then promoting them online to gain traffic, etc.

Maybe it will be proven that there is no problem with you in the end, but the energy and time spent in the process are immeasurable.

In addition, you must make your fortune quietly. There are too many people smarter than you and too many people looking for projects. Be low-key and low-key until others can no longer shake you.

Also as I said just now, the more ostentatious you are, the more people will ask you to borrow money, and then you will lose both the money and the favors, which will only add to your troubles.

As an ordinary person, it is not easy to start a business.

Once you have finally succeeded in starting a business, you must be more low-key, humble and cautious.

Author: Shili Village; WeChat public account: Shili Village