For most people, to earn and have money as much as 2 billion in their 20s is impossible. 2 billion is still quite a lot and difficult to get.
How To Make 1 Billion Dollars in One Year?
We can refer to the book entitled Cashflow Quadrant by Robert T. Kiyosaki. In his book, he divided the different types of work into four main quadrants.
In addition to the main income owned, one must be smarter in earning extra money from various sectors. There are quadrants or sectors of Employees, business owners, self employed, and investors. What does that mean?
Employees (E)
This is the initial stage that the majority of people around the world go through, namely as employees or workers. In this quadrant, people start earning a stable income. Although ‘safe’, people who enter this quadrant tend to experience stable financial conditions. For those who want to increase income for those in the employee quadrant, it’s advised that workers to focus on adding in/vertical intake.
Tips for those who want to pursue or have a career in professional, focus on increasing income by looking for ways to improve skills, upgrade knowledge, take certifications, training, and work more than a jobdesk in order to be promoted, move up, raise salaries, or get additional bonuses.
Investor (I)
How To Make 1 Billion Dollars in One Year as an investor? As the name implies, financiers benefit from capital gains or price increases, dividends or profit sharing, and interest.
You can allocate your income to various investment instruments. For example, The share consists of an allocation of 30 percent on portfolios in Peer to Peer Lending, 30 percent in stocks, 20-25 percent in mutual funds, and the rest of the funds spread across crypto, gold, and bonds.
Choose to invest in the field you understand best. If you don’t understand, choose the type of investment with a low level of risk. A little tip, the focus is not on chasing the highest return, but the most optimal. Increase assets by the time we can build our passive income.
Self-employed (S)
Many types of jobs for this quadrant, such as freelance, content creators, photographers, models, influencers, and other jobs that money is obtained for a project.
Self-employed is not safe either. The problem is, if you don’t have a client, you don’t have an income. In this quadrant, the tips, start working from something we have, like, and we can.
Business Owner (B)
The main income of business owners comes from dividends or revenue sharing and salary as business owners.
In this phase, we have to build a system, otherwise we go back to being workers..
Read more:
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Thank you very much for reading How To Make 1 Billion Dollars in One Year, hopefully useful.