I believe Money ( Principal investment ) and Knowledge are easiest tools to make any amount of money. Huge investment of money in product or service industry can fetch lots of return on investment in less time.
But my concept of making money in an enterprise is simple. It’s the shrewd way of making money in a slow and steady pace.
- Very minimal investment.
- Lots of domain knowledge of small group of associates.
- Knowledge about how industry works.
- Outsourced projects with good profit margin through currency conversion rates.
- Internet marketing through search engines like google.
- Repeat customers and customer referrals.
So I believe in a concept of making money just with “knowledge”.