Most of us can find ways to save 1,000 dirhams, but the most difficult task is figuring out how to use this money to increase our finances.
According to 9 successful investors who are considered self-made millionaires, who also work as consultants for Oracle, they have highlighted some ideas that help increase financial resources that can turn 1000 dirhams into one million dollars .
Table of Contents
1- Invest in yourself to grow
There may have been people who invested $100 in Bitcoin in 2010, and this investment was a huge turnaround in their lives because of the massive wealth they got from the Bitcoin boom, but from such things as playing the lottery.
Learn a high-income skill. If you don’t have the money to start a business, change your mind and instead spend 1,000 dirhams on books and training to learn a skill that will earn you $10,000 per month or more.
Choose a high-income skill that helps you generate income such as writing, marketing or sales, and you can learn it relatively quickly and this skill can be used for many things.
Once you earn enough money, you can increase your income and start a business.
This is how you build real wealth, if you are persistent and good at what you do you will get what you want, but remember that it will not happen overnight, so take small steps and be patient to achieve your goal.
2- Building a personal brand
Entrepreneurship is something everyone wants to get involved in today because you can earn millions by building your own brand as an influencer or company.
With so many brands making money online, it has become difficult to build a trustworthy brand, so if you want to build a personal brand, you need a clear statement of your mission and how it helps. others.
People will only follow you if they understand why you are doing what you do, you can shoot a video explaining what you are doing and then invest Dh1,000 in ads on social media platforms like Facebook to show in front of people. In order to reach as many people as possible. who are they.
3- Invest in something you love
If you want to get huge wealth , you either need to save a lot of money, or make a lot of money from business transactions, or get a successful investment, and each of these methods requires a lot of effort and patience.
So when you invest, find something you love and invest in it, and you have to have a vision for that investment, don’t invest in something you don’t know but invest in what you know.
When you invest in something you love, the hard work of growing the investment will be easy for you.
