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How good is Investing
- People often dream about making money or building wealth yet only a handful are actually able to do it. Then, they come up with excuses or "genuine reasons" of them not being able to fulfil their dreams.
- They go like "I wish I had enough start up cash", "I wish I had enough time to work on this" or "I wish I had enough funding to keep going" and more and more and more! It never stops.
- If we would listen to all of these problems, we would find that most of them are concentrated on just 3 factors :- Money, Skills & Time.
- For some, money is the reason they can't get rich. They have an idea, they know its gonna work, they can devote time towards it, they know how to execute it but they just cannot get some amount of money to kickstart their process and keep it running at least until some results show up!
- For some, skills are the reason they can't get rich. They have an idea, they know its gonna work, they can devote time towards it, they can even invest some of their savings to kickstart the process but they just aren't qualified enough to run the business. They feel that they would do an awful job in execution and hence fail their amazing concept.
- For some, time is the reason they can't get rich. They have an idea, they know its gonna work, they know they can execute it, they can invest some of their saving to start it but they just don't have time to run it! They are busy doing other things like doing a safe job which can help them earn a steady cashflow to support their family. They just can't leave that and with that on, they don't have enough spare time which would support a business.
These 3 are the major problems. Now, the question arises, what is the solution to them?
Can you own a business without actually knowing how it really run? YES.
Can you own a business without access to a truck load of money? YES.
Can you own a business without working on it for hours everyday? YES.
THE SOLUTION IS INVESTING! But how?
- If you don't have enough money, you can even invest a small amount. There is no limitation that you need lakhs or crores to make a minimum investment. I personally started with just Rs 2500. One may even start with only Rs 500. Investing is all about making money on money. If you invest your money in the right business, it grows and sometimes multiplies overtime giving you amazing returns! - Boom, the money issue solved!
- By investing into a company, to own a fraction of the business. You give your money to some dedicated and passionate people who work day and night to run and grow the same business. They can be as high profile people like Mukesh Ambani, Gautam Adani, Warren Buffett, Ratan Tata, Mark Zuckerberg, Sundar Pichai and many more! Yes, when you invest your money in their businesses, they work for you so that you can grow your money! How cool isn't it? - Boom, the skill issue solved!
- After investing in a company, you don't really need to work hours on it everyday. One of the major positives about investing is that you can literally forget that you have even made an investment. Remember, you are the boss, you have given your money to the management of any company. Now, they have to do their job and if they do it well, you will get your returns. The only work you have to do in investing is picking up the right company which would give you good returns. Once you have devoted time researching that, all you need to do is relax and have patience. Keep checking the company in like every week or two & stay updated, but nothing more is required! - Boom, the time issue solved!
So this is how investing solves all problems which people face while chasing their dreams. Did I miss anything? What about you?
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