Discover The 10 Industries You Can Become a Millionaire With?
Looking for how to become a millionaire? then you came to the right place.
However, the chance of winning the Lotto is 1 in 8,145,060, which is very minimal.
However, there are also other methods with which you can become a millionaire.
In the article below I discuss 10 industries that are interesting to invest in.
Become a Millionaire
1) E-commerce
E-commerce has become a booming business in recent years.
E-Commerce is a very suitable business model to become a millionaire.
2) Robots
Artificial intelligence will conquer the world and robots will eventually replace humans in companies.
The sector has experienced rapid growth in recent years and is expected to continue this growth rate for several more years.
Future-oriented companies will make even more use of robots because of higher productivity.
Robots will also play a more important role in the future in households.
It is therefore clear that robots can be used in many segments of the economy and are therefore a market that will generate a lot of money.
3) Financial services
This sector may well stand out as the one where you can earn the most money.
The best insurers, asset managers, stockbrokers and the like earn a lot of money by carrying out their activities.
Of course, there are also risks associated with these professions, such as the 2008 financial crisis.
A side note to this sector is that you have to end up in the highest regions of your field to become a millionaire.
Read: 20 Skills and Qualities of a Good Leadership
You can also choose to invest your money in shares and thus achieve a high return in the long term.
You also need to have a lot of knowledge for this, otherwise, you will make a mistake.
4) Real estate
Real estate is a sector in which you can become a millionaire in the long term by combining various advantages.
You can earn a lot of money by combining cash flow, capital gains, loans and the tax benefit.
The cash flow is what you have leftover from income after deduction of the costs incurred.
The more projects you have running, the higher it will be.
Houses are also increasing in value today, which has caused real estate prices to rise worldwide.
When taking out a loan, the interest that you have to pay will decrease in the long term and the capital will increase.
Finally, governments also give people opportunities to pay less taxes when purchasing a home.
Although the housing bonus will disappear in the future.
5) Energy
Climate March, Youth for Climate, green and renewable energy.
These are just a few examples that show that people are more concerned with the environment than a few years ago.
That is precisely why it is interesting to invest in renewable energy.
Fossil fuels will die out, on the one hand, because they have been used up and on the other hand because of their polluting emissions.
By raising awareness, we are looking for alternatives that are more sustainable than the earlier fuels.
For example, it will be profitable to invest in shares of companies that buy green companies or produce solar or wind energy themselves
6) Healthcare
Who is not concerned with his / her own health? Who does not want the health sector to develop medicines that are intended for disease?
Or who ensure that we can live longer? Good health is a basic value for people and will therefore always play an important role in our lives.
Just think of the recent text message from Pia. That is why investing in this sector can yield you a lot of money in the long term.
Despite the high Research & Development costs, developing a good medicine or research can give you a lot of return.
7) Entertainment and recreation
Who still downloads music via Youtube and then puts it on his / her mobile phone?
Who will still look for series online to download this (il) legally? Today, people stream their music via Spotify.
Any number you want can be consulted at any time of the day at any location. At the same time, you can compile your own playlist.
Get rid of endless music downloads via Youtube.
The same goes for series and movies where many people use Netflix.
Online services that offer entertainment and recreation to people will always be popular with people.
8) Online education
Distance learning and online courses are increasingly used by people.
Sharing your knowledge through online courses on channels such as LinkedIn and Youtube can save you a lot of money.
People want to broaden their knowledge and look for challenging courses. However, they often want to go through such matters at their own pace.
For example, the home situation does not always allow to be away in the evening 4 days a week.
Oh yes, if you also follow many courses yourself, you will broaden your own knowledge.
And who knows, this may be positive in the long term for your job function and associated pay.
I own the Webwinkel Academy in which I teach people how to start a webshop.
9) Food
People today are more conscious about food and opt for healthier products, less meat and the like.
Through online campaigns and social media, we are more concerned with the origin of our food. Chains that offer more sustainable food are also being chosen.
It is therefore recommended to invest in companies that develop such food and have a good reputation.
As long as awareness is raised and increased among people, such chains can make a strong advance.
This allows them to conquer existing markets and achieve a larger market share.
10) Transport
At the beginning of this article, I discussed the e-commerce sector.
The last sector, transport, can be closely related to e-commerce.
Just think of all meal deliverers and supermarkets that offer home delivery.
The biggest change will be that the petrol engine is replaced by electric vehicles.
There are many opportunities to become a millionaire with this.
