The capitalists of years-gone-by relied on pedigree to succeed in business, stocks, or real estate. But today's scrappy capitalist know that the web levels the playing field and provides a massive opportunity to succeed by following these 6 rules, whether you're starting a business, investing in stocks, or investing in real estate...
RULES OF THE SCRAPPY CAPITALIST
Rule 1. Become an expert at spotting opportunity. Discover where money can be made by identifying trends and needs in the marketplace.
Rule 2. Find a model that works for you and run with it. For businesses, that means a sales funnel. For capital market investors, that means a formula to analyze stocks to buy and sell at the right time. For real estate investors, that means choosing from one of several types of available real estate investing models.
Rule 3. Be willing to make an investment. Understand that all investment is a combination of time, money, and effort, and each entrepreneur has a different combination of those three resources.
Rule 4. Start fast. Learn then act then learn then act then learn then act in a continuous cycle.
Rule 5. Take smart risks. Greater success often comes by facing fears, overcoming obstacles, and embracing risk. Nothing great was ever attained on the easy path.
Rule 6. Be relentless. Once you have the pieces in place, be the hardest-working person you know. Be present, be disciplined, be diligent, and act over. Every single day.
Aaron Hoos is the Scrappy Capitalist. He writes for hungry entrepreneurs and investors who want proven strategist to accelerate success in business and the markets.
Want to learn more about what it means to be a scrappy capitalist? Visit AaronHoos.com