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Question: I’m 38 years old I have 0$ and 0 credit, what would be the best way to become a millionaire, I also own a company caged ape fight club, where we do celebrity / influencer fights, potential to sell merch, ale so we have NFTs ,we can make a video game of the NFTs, also an online gym where people can train with a coach by paying a subscription and potentially one day being able to come fight on our celebrity show, also I creat content for my YouTube channel that only has 383 subscribers. Also I was thinking of doing online betting and gaming with crypto but I want to make it legal here in Canada. Is this a good business and can I become a multi millionaire with this business?
It's great that you have ambitious goals and ideas for your business! However, becoming a millionaire is not a simple or guaranteed process, and there are many factors to consider. Here are some tips and advice that may assist you: 1. Keep your day job or find a way to generate income while you work on your business. This will help fund your ideas and give you stability as you work towards your goals. 2. Develop a solid business plan that includes achievable goals, a timeline, and a budget. Make sure you have a clear understanding of your target audience, competition, and potential revenue streams. 3. Focus on building up your customer base and expanding your reach through social media and other marketing channels. Your company's unique niche and brand positioning could be valuable assets that set you apart from potential competitors. 4. Research and seek legal advice to ensure that your business remains compliant with any regulations and laws that govern celebrity fighting events and online betting. 5. Invest in educating yourself further in business and marketing strategies, as well as seeking the guidance and mentorship of other successful entrepreneurs. Remember that becoming a millionaire typically requires a significant amount of time, effort, and dedication to your business. While your ideas have potential, there are always risks and uncertainties involved. Keep learning, persevering, and adapting as needed to help your business grow and succeed!
March 19, 2023, 1:19 p.m.
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