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Many Millionaires Have Been Created During Recessions-Do You Have What It Takes To Join This Group of Millionaires

Written by: jonathan jones

Article Overview: Find out about people who started businesses during a recession and have gone on to become millionaires

Many Millionaires Have Been Created During Recessions-Do You Have What It Takes To Join This Group of Millionaires

Did you ever think that a recession would allow you jump start your way to becoming a millionaire? History has told us before and I’m sure that it will again. The question is who will the next millionaire be? Who will take advantage of this current recession and become famous? More importantly, will you be one of them? In case you didn’t know, here are some remarkable millionaire stories from people who started their business during a recession and made it. Toys ‘R’ Us Back in 1948 during a time of high inflation, a 25-year-old named Charles Lazarus took a gamble. The gamble was that rising birth rates would sustain his baby-furniture business. He soon added along with furniture and the next thing he knew he was opening a store that sold only tows. Shopping carts and long aisles filled with toys and we now know this as Toys ‘R’ Us. Microsoft In 1975 a man by the name of Bill Gates graduates from Harvard and joins a partnership with a friend by the name of Paul Allen. Together they make software using basic programming language until the creation of MS-DOS during another recession in 1981. The company went on to become a household name, Microsoft. Burger King Corp. The company began in 1954 when James McLamore and David Edgerton opened a Burger King restaurant in Miami, Fla. During another recession in 1957, the company introduced its successful signature burger — the Whopper. Today, the company operates more than 11,100 locations in 65 countries. Success does not come overnight but through hard work and determination. Team work can accelerate your success during a recession. Are you ready to become the next success story? Opportunity is knocking right now. Are you answering?

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Article Tags: aisles, baby furniture, basic programming language, becoming a millionaire, bill gates, birth rates, burger king, furniture business, household name, inflation, james mclamore and david edgerton, lazarus, miami fla, ms dos, paul allen, recession, shopping carts, success story, tows, toys r us
Referred by: http://jaykubassek.com



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Online Brainstorming - If any of you have read Jack Canfield's Success Principles or Robert Allen & Mark Victor Hansen, Enlightened Millionaires, you will understand how these great concepts come about. Go back to the original text on Masterminding which is Napolean Hill in Think & Grow Rich. While their are many Mastermind groups out there right now, they arent really true to the original philosophy. In its purest form a mastermind group, or inner circle is a group dedicated to one goal, one cause and they all utilize their personal connections and resources to accomplish it. I think if you really wanted to creat a 'next best thing' you need to find people to join your inner circle. STaff, friends, suppliers, mentors anyone that can dedicate some time to working on it, launching it and reaping the benefits. I think doing one online would be great..who else would be interested?
Building credit - Credit is like reputations, I suppose. Takes a lifetime to build, and only a second to destroy.
BNI Groups - do they work? - Hi Lesley, From the members in my Mastermind Group I've heard a number of positive and negative things about BNI Groups. Just like a Mastermind Group, it all depends on who the people are. If the personalities fit and the members can add value to your business it can be worth checking out. The best bet is to go to a meeting as a guest to get a sense of who is in the group and if it is for you. It doesn't cost you anything except a little extra sleep the morning of. Good luck!
Re: On Which Social Media Sites Are You Most Active? - I must respectfully disagree completely with that premise Evan. When speaking of a "Small Group", we are talking abotu a "Mastermind Group". As we all know, such a group is instrumental to success, online or off. The groups can grow quite large too. My group currently has 35 members, but several are actively participating and sharing content.
Re: When did your entrepreneurism start? - I sold my science fair project when I was 9 year old after I won 2nd place. Created crystals from lumps of salt that collected on a string. Cost less than a penny to make and got $1 a piece for them. Not bad profit margin but was too young to realize I was ripping anyone off at the time.


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