How to make Big Money?

Wednesday, January 29, 2014 Francisco Carneiro 0 Comments

There are lot's of ways to make money but to make real money there is just one way.

To kill the competition, to be the only one. That is the key. Bill Gates and Carlos Slim aren't the richest guys in the Planet because they are good. They are nº1 in their markets.

If you invent a better product the competition will catch up soon and replicate you. All the advantage goes to the customer.

I guess that is why Google & Amazon are doing so well. They are using the money they make to improve their offering in a way the competition can't match. The market is approving this strategy. They are slowly killing the competition. That is the smartest strategy to do. To do that you can't pay shareholders right now. later big time but not now.


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