The 9 Industries Most Likely To Make You A Millionaire

- When I was little, when I was about 10 years old, my dad and I went fishing. And my dad would always get on this little boat and we would take the boat about 30 minutes out of the city, this was in Hong Kong and we would fish in that area. And when I was little, he would ask my dad, "Dad, why do I have to get on a boat and go to this area?" Why can't we just fish where we are? "Why would you take this trip?" And my dad told me: "Well, son, there's the fish." And I always remember the lesson, just like the journalist asked a famous bank robber, why did you rob the bank?

Because that's where the money is. Right, it's the same idea. As an entrepreneur, choosing the right industry is very, very critical. And there are many

industries

we could get into, right? And sometimes I think as entrepreneurs we get too confident and say we could go into any industry, sell any product, offer any service, and provide a solution, and we could be very successful doing it. I think that's just not true. So today I'm going to share with you nine

industries

that are

most

likely

to

make

you a

millionaire

. And if that's your goal, there are many industries you can enter.

Now, I'm not talking about gimmicks and gimmicks like cryptocurrencies or winning the lottery, I'm talking about the legitimate, proven industries that have created

millionaire

s and billionaires. The number one industry

most

likely

to

make

you a millionaire is financial services. Now when I say financial services, I mean money management, money lending, or asset management. We are talking about loan associations, banks, financial companies, insurance companies, brokerages. Many of those companies are very, very rich because there is a lot of money in money. One of the things I learned from one of my mentors was that he told me, "Dan, never forget that 'the money is in the money.' You can make a lot of money just by managing, managing, and investing." money Michael Bloomberg, former mayor of New York, became a billionaire by providing financial data to the number two financial industry, technology.

Now, you know Google, Facebook and Apple, but we are talking about more. Think about traditional industries you could enter, perhaps through the use of technology, what you could do to disrupt that industry. And that can be seen a lot. Now we call those disruptors, right? We're talking about robotics, we're talking about AI, we're talking about automation, we're talking about manufacturing these technology products or even providing technology as a service. be created in this particular sector. So, are you a tech entrepreneur? Industry number three, healthcare. My mentor Dan Peña, the 50 billion dollar man, talks a lot about this, health care, because people are willing to spend a lot of money to live longer.

I'm talking about healthcare, which could be assisted living, nursing homes, pharmaceuticals, any product or service that helps people live longer lives and stay healthier; that's a very, very good industry to get into. Industry number four, real estate and construction. United Nations forecasts predict that by 2025, the world's population will increase to almost eight billion people, eight billion people; by 2050, it would be almost 10 billion people. That will mean 10 million people on this little planet by 2050. Now, what does that mean? Where is the opportunity? We all need a place to sleep, play, entertain ourselves, go shopping. Real estate and construction.

Industry number five, education. With all the changes, all the technological changes that are happening, knowledge becomes very, very critical. People want to learn, they want to equip themselves with skills, and that's the space that I'm in, the education and software space, because I can see the opportunity that we have right now in front of us to connect individuals, people, professionals, to the skills and job opportunities of the 21st century. Now, within education, you could also have products, services and software that help people in many different ways. So we have traditional education, but we also have alternative education, education outside of the school systems, right?

And it doesn't always have to be academic, it could be other types of education that can help people lead better lives. Education, big business. Industry number six, entertainment and recreation. Beyond education, people want to be entertained. In fact, people demand entertainment. You look at all these big companies that are entering the entertainment industry. Now what am I talking about? Movies, animations, productions, special effects. There are so many companies entering that industry. Amazon Prime, of course, you have Netflix, Hulu, Disney Plus, I could go on and on. Because? Because this is where we are going. Now on the other hand, thinking about industries that help and facilitate this particular industry, but we also talk about influencers, YouTubers, Instagrammers, right?

Now, for the first time, you have people in that industry. Comedians could make millions doing that, you couldn't before, most of the time they struggle, but now we are in this era where people want entertainment. So if you can find a way to create a product, service or company around this to serve this particular industry or meet this demand, you could make millions too. Industry number seven, transportation. Now, human beings like to travel. As with the Internet now, the more we see, the more... We don't want to always be stuck in a house, we want to go out and see things.

So air transportation, aerospace, are huge opportunities. But also think about the people who now shop online and shop online. Where do you think the opportunity could be? Management of shipping packages. I'm not just talking about FedEx, UPS or DHL. Think of something like Uber Eats. People like to have things delivered to them, as people now shop more and more online. This is a huge industry. Simply by being able to provide a service or product. It could be as simple as providing software to help these companies better manage inventory, right? Or better the shipping handling. It could easily be a multi-million dollar business.

Industry number eight, energy, especially renewable energy. So moving beyond oil and gas, we're now talking about solar or wind energy, right? So with billions of people, we all need energy, we need more energy to power our devices and our technology. So that's a huge industry. If creative solutions could be found that could solve this problem, not just millions, they could cost billions of dollars. But you need to have certain equipment, you need to understand how this all works, and you need to be able to work with the government to execute it correctly, but you can definitely make a lot of money in energy. .

Industry number nine, food. Now, with billions of people, we don't just need energy, right? We need a place to live and we also need to eat. So in the food industry, that's not going away. With so many people on the planet, we need a more cost-effective and efficient way to produce and create food, right? Produce food to feed so many people. So what should we do? Again, perhaps solutions can be found that can be applied to these certain industries. And I'm not just talking about fast food, because with so many options, people want healthier options too.

And for me, supplements, healthy type products, are all those products that fall into this category. If people eat it and drink it to want to have a healthier life, yes, that also comes into this. So, those are the nine industries that I think are most likely to make you a millionaire. But you also have to combine that with your skills, your experience and your knowledge. Getting into the right industry is one thing, but you also need to be the right person in the right industry to succeed. Makes sense? If this is your first time watching my video, make sure to hit the subscribe button below, turn on the notification, and hit that button.

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