How To Build Wealth.

How to Build Wealth.Wealth could be in the form of business,money,lands and landed properties,health,skills,talents and so on.In summary wealth are assets owned by a person or persons.In this discussion below.Wealth will be narrowed to money.Make sure you follow me keenly for proper comprehension.There are so many ways to build wealth.I will mention and explain them one after the other.How to build wealth.They are listed below for your total consumption.

How to build wealth.

Buy Land Today And Allow The Land To Appreciate In Value Over Time,Then Resell

This is one of the ways to build up your wealth.Source for lands that are cheap today and buy them.Take for instance a land you bought five hundred thousand naira today.In the next three to five years that land will increase in value.

This is due to high cost of things as a result of inflation in the country and development.When you decide to sell that land after that three or five years as the case maybe.My dear,you won’t sell it nothing less than three to five million naira.

You can see the profit margin? very huge. Our famous Allen Onyema,popularly known as Air peace made it through this way many years ago at Lagos when he graduated and as a young lawyer.This method is very simple.It is not demanding.All that is required is capital.How to build wealth.

Agents

This is a person  or someone who acts on behalf of another person or group.We have many types of agents ranging from house agents,land agents,shop agents,cars agents, buildings agents and all kinds of properties agents etc.This is a profitable method.Many agents I know today has become wealthy without any investments somewhere,companies,government jobs,private businesses and the likes.

They got their money working as an agent.This method require transparency, honesty,integrity,diligence,patience and hard work to hit the jack pot.In fact I am tempted to list out their achievements.They are good cars,buildings,established business, companies,land acquisition even got married.

Some were able to train their children abroad.The pay is done in percentages and it is not negotiable.It is huge too.Consider this today,no academic qualification required.How to build wealth.

Give Out Loan

This is giving out a certain amount of money to someone for future repayment with interest.That your money or capital in the bank can be made available to business men for their various business ventures as loan.This loan will be paid back to you with agreed interest and on time frame.

Imagine loaning two hundred thousand naira to ten persons every month with five thousand naira interest .That is fifty thousand naira  gain monthly.This is huge and encouraging too.This is Mr Kenneth John’s business for over five years now yet he lack nothing.How to build wealth.

Hire Services/Rentals

Buy rentals equipment such as chairs,canopies,plates,cooking utensils,towing vans,vans, scaffold,constructions equipment,mechanical plants,musical instruments and so on.Start with the ones you can afford ,then grow.Rent them out to people in return for money and become wealthy overtime.This is what you can afford, all you have to do is to imbibe a maintenance culture.Ensure that you maintain those equipment for optimal services and returns.How to build wealth.

Services

This is the action of helping or doing work for someone for money.Learn skills like photography,driving,plumbing,carpentry,interior decoration,graphics designing,music,writing,acting,etc.With these skills you can become wealthy over time.Consistency,integrity,humility,honesty,hard work,transparency  are all required for your success.Any skill you ventured into ,ensure you are master at it.Good luck.How to build wealth.

Help People Buy Out Properties

This is an act of buying properties for people that cannot afford it at that moment for future repayment with interest.This is not a common practice but it is profitable.Shade has been in this business for sometime now and he is doing well.How to build wealth.

Hire Purchase Services

Buy people cars,motorcycles,buses,lorry,trailers,trucks,tricycles,mini buses, for their various businesses and get paid back over agreed period of time with a certain agreed percentage of interest.This is what my immediate younger brother Mr peter is doing to survive.It is equally rewarding. it requires patience and tolerance a lot.How to build wealth.

Licensing

This is act of using someone authorization or license to execute project that requires license for payment in return.In whatever skill you are into,people can be using your license or registered company name or registered business name to secure jobs or contracts and reward you accordingly after execution.

This is common in Engineering,building,Environmental,medical,pharmaceutical,Agricultural,security industries.For example,a chemist cannot operate without license but there are many chemist outlets out there operating today due to this term licensing.This is also viable since you are spending any dime yet you are making money from others when they execute projects or set up businesses with your license.Hurry and join the league dear.You wont regret it at all.How to build wealth.

Drop Shipping

Are you surprised? This is simple.Go to any business or organization or manufacturing or production company of your choice.Register with them for business purposes.Take paint industry for example.One can register with a paint industry and be become a supplier.He or she gets the products cheap from the company and then sell with profit to people outside.All he or she has to do is to source for buyers at building sites ,markets ,homes,offices,churches and others.This is good for you.Why not give it a try?A trial will convince you.This is what Kingsley does for a living.How to build wealth.