Most of us fear risks, but without venturing into investments that are prone to risks, you won’t feature anywhere near the wealthy class. It’s estimated that less than 1% of the country’s ultra-wealthy control 80% of Kenya’s wealth. These individuals have made risks more often than not, which have propelled them to their current statuses. In a world where risk aversion is a common scenario, one needs to make extra ordinary steps where majority of us dare not to focus.
Having looked at investments with super returns, majority are in the red when it comes to risks. This is where you should focus your interests when you need to amass wealth.
You look around and see almost entire business community is concentrating on risk free investments. In such ecosystem, returns are low and competition is high. These investments attract almost everyone, as a result few manage to accumulate enough to make them happy. In the current world, here are investments to focus on.
- Betting firm
If you can manage to pull resources together and be able to start a betting company, don’t hesitate—launch it today.
What I am aware of is that the number of betting sites in Kenya has grown tremendously, Even so,the environment is still ripe for more new comers. Kenya is currently a betting nation, almost everyone is betting. With well calculated moves, you will eventually break even.
I have monitored 1XBET since its inception and I am impressed.This is one company that came when others had already arrived,but it managed to settle well.Now over 30,000Kenyans bet on the platform on daily basis.You can click here to see how wonderful its platform is.
- Cryptocurrency
Cryptocurrency is a risk venture, but very dewarding.The environment is free for all and only the risk takers thrive. For an aggressive entrepreneur, your investment in this ecosystem will bring you fortune.
In 2017-2018 a couple of individuals who have become super-rich due to cryptocurrency joined the billionaire’s club.A number of millionaires in this venture is growing .It’s upon us to either join the club or perish.
- Oil business
A wise man once said,”if you want to become rich,sell air”.Oil is part of what can be considered as air. Billionaires in the middle-East,Europe and Africa have invested heavily in the oil industry. In Kenya,people like Raila Odinga,Uhuru Kenyatta and several other politician have sank their interests into oil business, because they know wealth is another definition of oil business.
When starting business, it doesn’t matter whether you’re already a millionaire or not,what matters is how to secure capital to set up a company to import oil,to distribute or sell the commodity. You can start small, like having a petrol station,then move towards importing oil.The business is a risk venture,but all in all lucrative.
- Dating business
Dating business require one to have a lawyer. This kind of business is not as easy as you think, you will deal with numerous law suits. But if you have a well-functioning site and a thriving business, you will become a millionaire.
- Shylock
Shylock works in such a way that you lend people money and get attractive interest on the loan. The business is classified as ‘risk’ but if you develop good relationship with your clients, you will easily become a billionaire. A shylock is like a bank
- Unit Trusts
Unit Trusts are not as risk as other investments,but it’s one of the best when it comes to returns. Unknown to many Kenyans,Unit Trusts guarantees up to 25 % in interests. Billionaires and millionaires in the country have invested heavily in Unit Trusts and are reaping big.
If you have Ksh1 million in the Unit Trust account, each month you will earn over Ksh10,000.The money will either be sent into your MPESA account or remain in your account to generate more interest.
Unit Trusts have almost zero risks, which is why Billionaires love investing into this segment.