Good investment strategies
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by: ZigfredDiaz
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An American gave the presentation. He was very eloquent and convincing. The product was equally good as well. But what really intrigued me was the sales pitch he made when asked he people to join the multi-level marketing company.
According to him, if you are an entrepreneur and you wanted to succeed in your business, a good business strategy is to find something that would be a big hit in the future. You then spend your resouces on it. For investors, one of your investment strategies is to invest in companies that does this exactly this.
He told us that Microsoft is one of the richest and one of the most successful company in the world. The company is currently worth more than $ 200 Billion dollars. If these guys would come knocking at your door, you wouldn't hesitate to give them your investments.
Let's say we have the ability to time travel and go back to the year 1978. Several casually dress, long haired, hippie looking geeks asked for a meeting with you. Their agenda was to ask you to invest in their company or even work for them. They said their product called "computer software," something unheard of during those days would eventually change the world in the near future. A skinny little geek insisted that you do invest with them because if you dont you would regret it. Do you think you would be convinced with their investment strategies? Are you sure you would have invested your time or your money?
For those people who decided to invest during that time later one became millionaires and even billionaires. Those who left after several years didn't enjoy the wealth that the company brought.
For certain, nobody expected that those casually dressed, long haired, hippie looking geeks later on would be included in the list of the world's richest people aside from the fact that they shaped and changed the world that we currently live in. But one thing is certain those who invested in those casually dressed, long haired, hippie looking geeks certainly reaped the benefits.
The presentation ended with the speaker asking the audience to join the multi-level marketing scheme of the new VOIP product. No doubt, the sales pitch and the product was good. Unfortunately, experience tells me that any multi-level marketing (MLM) based business will only be good for a couple of years, after that most MLM business switch to traditional marketing because of market saturation. If they were asking people to buy shares of stocks, I might have heeded the call and purchased such. Investing in companies who has the foresight to know the trend in the future is always part of good investment strategies. Since VOIP is the next trend in the future it is certain that I will look back and say that I'm glad I invested. Oh before I forget, that skinny little geek wearing the blue shirt was Bill Gates and obviously the company that he was reffering to was Microsoft.
About the Author
Which you could know more about investment strategies ? Visit the blog of Zigfred Diaz where he writes about several interesting topics such as investments, financial management, business, making financial online and How to invest in the Philippine stock market
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