Tuesday, 24 November 2020

11 Industries That Can Make You A Billionaire

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I am going to be dive into 11 industries where there's a potential, where if you go and start to dive into this now, by the time we are at 2050, you could be a billionaire.

01:45 The number one area is technology.

This is the game of data. So if you're in technology and data technology, data would go hand in hand. That is one of those industries where you could become a billionaire.

03:58 The second one is Finance And Investments.

There are over 267 billionaires in the world coming under this category of financial investments.

04:34 Real Estate -

Real Estate is always going to be there. A total of 163 billionaires in the world are from this space. Disruption is happening every year. So you need to be aware and, ahead of the curve, if you've been in this industry.

05:29 - Fashion And Retail

If you're able to build a brand, which stands for something beyond just the utility value of that particular, that'll make a huge difference, eg. Nike

I would recommend you read the book shoe dog by Phil Knight on the story of Nike to understand how the Nike brand built.

07:22 Manufacturing

Manufacturing is always going to be that because it's a part of the supply chain. It is just a matter of fact how you're going to position yourself if you want to get into that space.

08:00 Food and Beverage

It is already a huge industry, but now people are getting more conscious. Many people are opting for better quality food products. So if you can disrupt the food and beverage industry to bring about some change, which can reverse that entire process of degradation of health, that could be a space where you could become a billionaire.

09:37 Healthcare -

With the current situation of the world, people are more aware of their health and, they're ready to invest more of their time, money on improving health.

10:11 Energy 

When I look at the Forbes list, around 80 billionaires, 4% of the world's total billionaires are right now in the energy space. 

11:00 Media And Entertainment 

Again, another 4% of the billionaires in the world are from media and entertainment television, eg., newspaper, and television.

11:27 Transportation - 

Modes of transportation have changed drastically in the last few years.

eg. energy-efficient cars, hyperloop 

12:20 Education +Technology 

This entire industry is a multibillion-dollar industry. Education is also transforming drastically right now with the whole situation of the world. Everybody's at home. And there are innovative ways to get children to learn.

So these are the 11 industries. I hope you found this video useful.

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