The theory is that there are certain main industries that control other industries, businesses that work well accompanied with other businesses. An empire lives, it breathes and grows by expanding itself into other related areas. Understanding that there are main industries in this world it is possible (in theory) for a person/s to start in one arena and expand into as many others as possible all functioning off of one another until sucess (whatever its definition) is found. 
The main industries no matter where you are are as follows;
Property
Finance
Energy
Commerce
Travel
Media
Law
There are others and I'm probably getting my termanology twised as I'm a bit ill at the moment. Bear with me.
The main most easily accesable and lucrative industry to get into is Finance with its various subheadings as it were;
Finance = Mortages, Loans, Banking, Investment, Stocks and Shares....
Even with these, "subheadings" they are further expandable into their own arenas, business finance for example so you have Business loans, business banking and various other offshoots. As with all the aforementioned industries it is an entity made up of several others and all industries should be seen as such as this is how to build an empire.
Starting in Finance now as an example. Again, I'm appraching this as theory, if I were to really go at it it would be best to get into Marketing as it is the core of all businesses no matter how diffrent they may be. One of the easiest and most lucrative areas to get into is the selling of Mortgages and Loans, where you act as a middleman between the bank and the customer, finding the customer and more or less faxing off their request to bankers for them to see if they can or cannot lend said person the funds they want after valuing their assets. All minus the jargon, qualified sales people can be found who are happy to work on commission, how the business is run is not part of the theory here.
Once a person is established in the selling of mortgages and loans the business can grow, not just into other areas of the finance industry (debt management & collection, accountancy...) but into other industries to better compliment its standing in its own arena. The most obvious one to now look into would be; Property. As a person knows the right people to lend money and give mortgages an Estate agency can be setup (using ones contacts to secure a good premisis even) to compliment the Finance company, offering deals on mortgages to clients buying property backed by the right bank and selling them through the Estate agency as owned by yourself. You now have two businesses working together complimenting one another totally and are well on your way to defining what sucess means. From here a person can expand further into the Property industry, get into lettings, property magagement, overseas property. The way being easier carved as said person would be well backed up by the sister finance company.
By now you can see where I'm going. Starting up in one arena a person can use the knowledge of said arena to their advantage in taking on a new one. With the right skills a person could own a mortgage company selling finance and an Estate agency and be well ahead of the game as many people do. Get into developments/rennovation, hire your own trades people to work for you on developments as well as in your property management company as they'll be needed to fix this and that problem. Get into overseas property and so on.
There is then a formula to sucess, a formula for the industrious persons to building an empire over the years which would need to be carried by each generation to better itself over the years but is totally feasable simply by working/thinking of business in this manner. All companies would be set up under diffrent names so its not always obvious that they are all owned by the same company or person. Each one working for the other until they can be brought under one umbrella but this is how to build an Empire.
Was hoping to really go at it but I'm busy at the moment.
Htp
RL
Last edited on Tuesday March 27th, 2007 18:12 by Apedemak
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