How to Build Assets That Generate Income? | Asset Building Strategies in Kannada | CS Sudheer

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How to Build Assets That Generate Income? | Asset Building Strategies in Kannada | CS Sudheer

88% of millionaires are self-made, which means they did not receive their fortune from inheritance. Investments and capital appreciation, pay, and employee stock options/profit sharing were the top three sources of wealth for self-made millionaires. To be a billionaire is not easy, especially if you haven't already amassed millions of dollars. But wealthy people typically have more than one source of income. They may own or invest in several enterprises and make money in various methods, including consulting, pay, investment income, public speaking, and serving on company boards.

Unless you are born into a family with billions, you stand to receive, becoming a billionaire will need time, patience, investment knowledge, and ingenuity. Rich people spend their money on purchasing or creating assets. An asset with the economic worth that a person, business, or nation possesses or controls with the hope that it will someday be useful is referred to as an asset.


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