TOP 4 ASSETS MAKE YOU RICH IN 2023-24.
Updated: Nov 25, 2022
Did You Know Asset is a Thing Who Always Makes Money for you By one Time Investment? There are Top 4 Assets Who is Most Popular. We Discuss it One By One. But First, if you choose Entrepreneur as a Carrer option then Must Visit Startup Wall, Where You Find Lots of stuff Related to Business.
4) Digital Things-
Our Parents had not this opportunity Because in the Past there is not Internet, but you have the opportunity to Grab this. You Can Make Digital Products Such as Course, Blog, Book, Video, Audio Book, Etc. You Can Sale your Couse Digitally, Write a Book, and Sale them Through E-Commerce. Today's World There is Lots of Digital Opportunity. In Digital Products there is Nill Fee to make Another Copy and you can Easily Scale your Business.
Jack Ma Founder of Alibaba Once Said - "Walmart Take Lots of Time to Scale their Business But Alibaba Required Only Two Servers for Scaling their business".
3) Share Market-
Share Market is a Place Where We Can Purchase Public Listed companies shares. Always analyze the Fundamentals of the company before investing. You can Read their Financials for the past 5 years. Warren Buffet, Radhakishan Damani, and Rakesh Jhunjhunwala is the self Made Billionaire Only from the Share Market. Want to invest in the share Market Must Read Below Blog. Share Market is Risky For Impatience People, So I advise them Not Enter Into Share-Market If You Have Low Patience.
2) Licensing-
This is Not Popular in Upper-Middle Class, But by licensing, recurring income generates month by month or year by year. Microsoft is the Biggest Example of Licensing. Per Copy of installing of Microsoft, Bill gates Earn a Royalty Income. Through Licensing Bill gates is the Richest Person since 2000 of this world. Let's Take an Another Example-
Stephen key is a Person who Makes Most Common Ideas and Sale them to Companies. They Make a Design of Micheal Jordan's Wall-Ball. They Sale their Design to a Company for 10 years and the Company pay them 1 lakh US Dollar Per Year. They Spend Only 20-30$ To Make This Design.
Twist and Learn Label is the 2nd Most Popular Product of Stephen Key this a Bottle with 2 labels whereby twisting you can read Secondary Label Sentence. This Design Makes 2.5 Lakh USD for Stephen Key every 3 months.
Just Imagine if you have not a company, not any Customer, but your concept makes you rich.
1) Real Estate (The Win-Win Asset)-
According To Forbes Magazine, Most Millionaires have Come From a Background Who have their Own Property and They Use it Wisely.
In Real Estate Rich People Broadly Invest 2 ways-
Flipping- Buy Property when Market Rate is Down and Sold at Higher Price in few years Mean 10-25% Higher Rate.
Let's Take A Example a Land Where only Garbage and Nobody want to buy it, But an Intelligent Property Dealer Come and Buy the land at a Low Price and Make some Investment to Clean the Land and Boundary the property and Sell property at a 25% higher price. But this is a One Time Payment.
Hold- The Intelligent Property Investor is not sold their Property, they Hold it and Make passive rental Income from their Property.
Let's Take an Example Buy a Property and Build a Structure on it and Give the Rooms at Fixed Monthly Rent. Year Wise year you can Increase the Rent and the Price of Property is also Increases Means your Wealth is Also Increases and Every month you get a rental Income.
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