Road Map to become a Billionaire again from Start

in Project HOPE4 years ago

One question a lot of people ask billionaires and millionaires is if their entire wealth is taking away from them and they are left with nothing to amount to any net worth, will they be able to stand on their feet and become a billionaire or millionaire again? This question isn’t new, and it has an answer and the answer is YES.

Saying yes is what any fool will say when asked this question, since the words of mouth is fast to analyze things even before the thought of the brain or the work of hands. So, saying yes doesn’t count for anything, what counts is how do we get this done. Surprisingly, for a first timer who is growing his/her first business, it would be difficult getting to the millionaire or billionaire status but when a person is a billionaire or a multi-millionaire already, bouncing back to the position again would not be a problem. I am not in the billionaire or millionaire status currently, but I should be able to tell you how this would be done, thanks to interacting to businesspeople, investors, as well as reading books. Here are a few things that can be done to attain a millionaire or billionaire status if everything is taking away from you.

web-billionaire-RF-getty-c-v2.jpg
Credit

No matter how old you are, you must first go back to an age where you can readily be active. I do not mean reduce your age as it Is not possible but rather think like a 17-year-old teenager. At this point, you would be able to see working from a younger age with strength, you will start to see opportunities that can be harnessed since teenagers are willing to spend money to make themselves happy.

You could accomplish anything with money but in cases where you do not have access to funds, it is good that getting a job to raise capital is important. The next thing would be to work on a side hustle to generate income when being free, it could be a blog, vlog, affiliate marketing and so on. While I make money, if I need more money, I could get credit from the bank to expand at a good rate. I will start creating a new business and grow it very fast and then I diversify in the future. I start t make connections and then use my connection to expand my influence in the business world. When I am done, I will be diversifying my portfolio more, thereby investing in other things with my profit. Investments like real estate, commodities, stocks and so on. Soon, I will be back at my feet, doing what I love to do best, making money.

Never forget a budget and a savings account no matter how much you start getting again.

Sort:  

Good plan and strategy to become a millionaire.

Thanks for reading.

Lol, the road to becoming a millionaire is harder than one could ever think, even the best looking plans could fail along the line, most important thing is to consider good options and pray to get lucky, there's some luck to it.

I agree, sometimes even the best of plan fails woefully.

You need to have the mindset, energy, and the aim to reach that goal.

You need to have the
Mindset, energy, and the
Aim to reach that goal.

                 - chesatochi


I'm a bot. I detect haiku.

Very true.

My friend, you are very right, at the moment of wanting to get ahead it matters a lot the attitude with which one assumes the challenge. I think it's a good way to go, to be constant and disciplined with our objectives is fundamental.

A fundamental discipline helps in reaching the required mark.

A fundamental
Discipline helps in reaching
The required mark.

                 - busted1


I'm a bot. I detect haiku.

Coin Marketplace

STEEM 0.20
TRX 0.12
JST 0.028
BTC 65540.15
ETH 3522.97
USDT 1.00
SBD 2.48