The wealth of this world is shared among 1% of the world population.
If you want to dress the wound, maybe it is okay to say that it is shared among top 1-4%😀.
But to live a decent life, drive nice cars, have a good home, and overcome poverty. You must be in the top 20%, otherwise, anything fit happen.
Today, we are going to talk about how to be wealthy.
Jokes apart, let me tell you what I know about amassing wealth without doing Yahoo Yahoo or money rituals.
• Start your own business
• Join a fast-growing company
• Become a specialist in a particular field
• Secure a management position in a big or highly profitable company
• Take the frugal route to wealth building
• Find your way into the financial industry or become an investor
• Start with local and international real-estate trading
• Become famous
• Tow Immoral way
• Depend on your luck
If you cannot own a big company, at least, start your own. The probability that your business will succeed is small, but not trying is worse than failing.
Look for a less saturated market and fill a want (not need). If you cannot find a less saturated market, focus on a niche market, and sell to them in a different.
I am into farming too, to a large extend, I am doing well.
If you want fast money, I meant crazy kudi ooo. Join fast-growing tech companies. You will see money and fear go grip you.
If you cannot get an employment position in those companies, don't miss their Initial Public Offering. Ensure that you have a share there even if it is 0.001%. When dey blow, you will blow too. Imagine that you have 0.02% shares in Facebook Inc., it will sweeten your retirement plan.
If you are an expert in an industry with high demand for your expertise, you are game.
This one requires academic training, you need to get a relevant certificate from a higher institution. Imagine that you are one of the top Microsoft experts in Lagos, that’s it.
Also, if you are a doctor, data scientist, space engineer, artificial intelligence specialist, and so on. The money will not be your problem. Some of these people earn as high as $200k per annum. In emerging companies, they pay them and still give them equity. Facebook started this way.
Okay, let's say you are a specialist. If you are able to become one of the top managers, you will be rich, because na dem dey cut the cake. If you don't like to join mainstream politics, that's okay.
But learn corporate politics, aside from being extraordinarily gifted with management skills, you need to know the underlying political games to get to the top. If you want money, don't dull😎
The frugal way is the tough option, but better than dying poor. Although not many people love to become wealthy on a wheelchair, you’d agree with me that poverty in the wheelchair is worse.
If you are 30 years old and becoming a millionaire matter to you. Start by saving 700 monthly with compounding annual interest of 8%. By 60, you will become a millionaire in dollars. Almost everyone reading this are a millionaire in Naira, so don't expect that I meant Naira.🌚
Mehn!
I know a couple of friends that made thousands of dollars in the financial market industry recently.
They invested in a project and it did 2,000% ROI. One has been struggling to get a Visa. As money don show, he put the American dream on hold. TBH with you, money moves from all sectors to the financial sector because that is the headquarters of money.
If you want to be rich, don't give up on financial market education. Learn the ropes as soon as you can and start trading as a side hustle. Your years of experience will count. Look into stocks, Forex, cryptocurrency, index market and don't forget assets like gold, silver, and copper.
Hmmm....... Real estate is an option I am considering, although I'm yet to make any money from trading in this industry.
No how, person must find a roof to stay under when night don reach. But I wouldn't like to buy or build houses and keep, I prefer to buy and flip it fast fast, then move to another project.
If you get a house, leasing it out is not really as profitable as people think in Nigeria. It could take 8-10 years to break-even in places like Lagos. Now, imagine that you built the house in places like Ondo, Osun, or Benue. Sorry is your case, you go wait tire….lols
Their lots of books on real estate, find them and get the right information. Become a celebrity, a football legend like CR7 or Messi. Get mad attention, the money will follow you. Once you are an influencer, businesses will reach out to you. Guess what, only 1% of bloggers and Social media users make cool money for being a celebrity. About 13% make money to live a normal life. The rest are noisemakers, zero money in their accounts😃.
How many remember MMM in Nigeria?
Ponzi is not totally illegal in Nigeria because our laws are silent about it. While it is not illegal, people with consent will not rob Peter to pay Paul. These companies have no products, but they offer dubious services to people and make so much money in a span of 7 months.
You can make a lot of money through this but think about it.
Raise your hands if you are a gambler……. Okay, I see you. Winks
If you play something like Nairabet, you are depending on luck to become rich in life.
The odd of NSE building getting struck by thunder are higher than the odds of becoming wealthy through betting. Don’t get it twisted, it means that NSE is not going to get struck by thunder….. Think am ooo, na simple parable.
But then, you can try your luck sha.
Also, if you inherit wealth that you did not work for, you are lucky. But only 0.0013% of people in the world become wealthy through this means.
I am not that lucky, I guess. This is why I am into Cryptocurrency and Forex trading, I am into video and social media marketing, I am a blockchain and cryptocurrency content writer. When I am not working online, I am either on-farm trying to grow something on hectares of land or teaching people about trading as a side hustle.
I am Ojeniyi Ayobami Abimbola, your truest fan.
Till we meet again, LIVE CONSCIOUSLY!