10 Things You Need to Do to Be A Mogul

10 Things You Need to Do to Be A Mogul

Here are the keys to becoming a Mogul.

Published June 28, 2016

10 Things You Need to Do to Be Mogul

  • Start Your Own Business

Moguls are entrpenuers. They start business that make money and they own their own companies.

  • Make Your Money Work for You

If you want to be a mogul, you need to find a way to make money in your sleep. If you are constantly working for money, you'll never be rich. The key is to make your money work for you.

  • Establish Good Credit

Have flawless credit. Do what you have to do to build your credit score. Access to capital can make or break a major deal.

  • Network Aggressively 

No this doesn't mean squeeze someone's hand with all of your strength upon meeting them. This means muster up all of your energy and courage to capitalize on every networking opportunity.

  • Spend Smart

Like they say, it's not how much you make, it's how much you spend. Bad spending habits will keep you from being a true boss.

  • Take Risks 

The root word in entrepreneur means to take risks. Playing it safe is certainly comfortable, but you have to take strategic risks to see the big wins!

  • Get Organized

We're all just trying to get organized. Remind yourself of this daily and it will keep you on the right path to moguldom.

  • Know the Law

Legal issues are sure to arise with any thriving business. If you don't know the law, then make sure you have a top-notch attorney who can help you along the way.

  • Build a Strong Team

Surround yourself with people who work well together and make things happen. Don't be afraid to put trust in them because you can't be a micromanager and a mogul.

  • Visualize, Write, Execute

Visualize your goal. Write it down and commit to it. Lastly, make it happen! Start Your Own Business


Don't Miss Music Moguls Tuesdays at 9p/8c!

Written by @ChuckDigital


Latest in shows