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How To Invest Your First #100,000 - Investment - Nairaland

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How To Invest Your First #100,000 by RidwanOla2020: 2:22pm On Mar 11, 2021
If you are just starting out or you have saved N100,000 in a bank account and you need to invest this money into something, here is my advice on how you can go about it. This is not a professional advice and you can either take it or sieve it..

1. Invest in yourself.

This looks so simple and common sense but most people dont do it.

The most important investment you can ever make is the investment in yourself.

This is the only investment that can truly guarantee you 1000% returns.

Whys that?

The better you become, the more money you can make.

Every other can be stolen from you but the investment in self cannot be taken away.

Most people dont know that more money follows competence, courage and consistency. The better you become, the more money you can make.

2. Learn a high income skill

There is a difference between a high income job (like shell), a high income profession (like Medicine) and a high income skills.

The first two requires longer time, training and resources. The last one can be learnt in months and the rewards are equal.

Believe it or not, there are programmers (high income skill) who earn a lot more than lawyers (high income profession)

My advice number is, learn a high income skill that can help you fetch more money.

Invest in courses and trainings. You can take my Gadget and Mini Importation class where I teach Gadget and Mini Importation that goes for two weeks. The link to join is at the end of the article..


3. Create daily streams of income.

Daily streams of income are businesses that bring in cash on a daily basis. Even if it is 1k a day, it is better than nothing or waiting at the end of the month.

The most common daily streams of income are selling digital products in the form of eBooks, courses and videos or training people online.

I have 3 daily streams of income. I import products, I do Gadget and Mini Importation trainings and I wash Muslim Cap

Invest in creating a digital product or reselling one that works.

For example, I paid N20,000 to learn Gadget and Mini Importation and in 3 months I made more than N150,000 from that one stream alone. (The good news is, I could teach you for N3k if you interested)

4. Start a supplementary business

Supplementary businesses are businesses you start by leveraging an already existing business or traffic.

For example and this is very basic, if someone is selling akara, partner with them so that they can sell bread on your behalf. Thats just the idea.

Look for where the traffic is and leverage on it.

It is a model Ive used over and over to reap passive streams of income.




FOR MY GADGET AND IMPORTATION TRAINING HERE IS MY LINK

https:///message/VPJC3JS5DP2EP1
Or

https:///KGd3GizbvDo1I8h0gXLI1F

YINUSA RIDWAN
08134843518.

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