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If I Had To Make $1 Billion... Here’s The Business I Would Start
My First Million
Making a Million Dollars: Cash Flow vs. Selling a Business
The key to making a million dollars quickly is deciding between generating the amount through annual cash flow or selling a business. While consistent cash flow from a business may not add up to a million dollars over a few years, selling the business could bring in a substantial amount in one go. To make a million dollars within a specific timeframe like three years, copying existing successful business models rather than inventing something new can be a more feasible and efficient approach. This strategy involves identifying a successful business in the market, emulating it with slight modifications, and focusing on being present in the same market rather than aiming to be superior in terms of quality, speed, or price.
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