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Becoming A Self-Made Millionaire

July 8, 2021

“It is enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.” ~ Henry Ford. I want to start by asking and answering a common question people always ask. “Does money make you rich?” The answer is […]

By TRJ

“It is enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.” ~ Henry Ford.

I want to start by asking and answering a common question people always ask. “Does money make you rich?” The answer is no. Money alone does not make you rich. We all know people who go to work every day working for money, making more money but fail to become richer. Ironically, many only grow deeper in debt with each naira they earn.

The concept of becoming a self-made millionaire cannot work by sitting in a cubicle, making other people rich. The road to becoming a self-made millionaire is filled with peril, which one can succeed by having dreams and achievable goals of their own. The journey has to begin with the right mindset, networking skills, cash management, patience, persistence, and any other good habits. Generally, people do not realize that achieving this dream involves far more than having a great idea and making it happen. Sometimes, it is not about the money, it is about the passion. In fact, much of the success will have nothing to do with money.

However, this is not to say that money does not play an important role in becoming a self-made millionaire, because it is a well-known fact in modern-day that one needs to spend money to make more money. It is essential to keep in mind that being a millionaire also comes with the responsibility of being an entrepreneur and an investor. There is a great reward when you think outside the box with a realistic end, so as to enjoy the journey as much as the destination. This benefit comes when you develop in a business you have passion for.

Nevertheless, one of the keys to success and how making your money will work for you is through heterogeneity. It can be a good idea to spread your money across different companies, industries, asset types, and markets. This is called Diversification, and it is a great way to help manage risks. You should never depend on a single income and making an investment to create a second source of resources can be beneficial to you. Investing a little here and a little there at different times means that when the market wants to get choppy, you might be able to take a hit without your whole ship sinking.

Furthermore, getting the right assistance is very important when you want to embark on this course, and this is where TRJ Company comes to your help. Buying stocks or investing is not only for the big players alone, anyone can start an investment with our company with as low as N5,000. Putting in a little money and seeing how it moves is a great way to learn about investments and start building up a portfolio. With TRJ Company, you can build your own millions of which we will walk you up through your ladder of success when you invest with us. We are all about investments here.

While not everyone makes financial mistakes, those who do can face years of difficulty trying to get their finances back under control. The more you read good books, have a clear picture, stay optimistic, embrace changes, be more innovative and proactive, educate yourself and make maximum use of your time, you will have your empire in no time.

The most important thing to always keep in mind is hard work and persistence always win in the end. This is not surprising that it was once said that “It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you will do things differently.” ~ Warren Buffett. 

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