We have to admit, first you need awareness. It was an article I covered some parts some weeks ago. We will be delving deeper into a wider idea concerning external and internal investment. So what are external and internal investments?
Of course it also means a smart diversification of assets to hedge in uncertain markets. No investment is 100%, even a 1% chance of risk is risk. You just have to hope poisson's distribution does not meet up with you.
Talking from the area of an entrepreneur, it can also mean spreading your investment into other people’s business. The question of what happens if this or that business scales more than mine in a certain fixed feasible time needs to be addressed.
Forget ALL that greed or hatred mentality as an entrepreneur, if you want to go far think far. NVIDIA just partnered with Intel; do you think they just woke up one to host a fun fair? No, it's about growth.
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I am imagining where these two pairs will be in the next decade or in a world where chips are in high demand. Maybe I will have to cover this deal in another article for more clarity and what this holds for future investors.
A quick one; Intel's shares spiked, a 30% uptrend that corrected around 23%. As I said, let's leave it there for NOW. So yes, internally working on your business and externally investing on other hot projects is a life changer.
In short, this had been how this big millionaires and billionaires have been able to scale during tough times. The center of this topic still to add was on a different point of view of both ‘external and internal investments’.
So where are we heading to? The first line of my first paragraph says a lot; awareness. How does this play out; ok, without awareness you are already limited.
This is why I keep on saying, ‘I am not against education as ‘getting exposure’ but rather ‘as schooling’”. These two do not mean the same thing.
One is just you focusing on old fairy tales of securing a good job; an industry that is shrinking every day. How will you even summarize this in a future of AI dominance? Many are still unaware of a pending flood.
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Like to listen or not, it will indeed sweep many. It still boils back to better diversification. First on yourself and secondly on assets for rewards. Weighing the both in the era we are evolving into, the latter is even more prioritised. entrepreneurs are no longer interested in human labor (much of it to be more precise).
First, we saw robotic (automotive) in line activities filling up this gap. What then happens with a software driven machine that can make decisions?
This is not about crossing fingers with hopes, it about understanding its opportunities. My take home to every individual is to spend time understanding external investment the most. As I earlier said, the first stage is exposure; ‘education note me well, not schooling’.
The world is moving at a faster pace that you could miss an opportunity that would have made you a millionaire in 5 to 8 years just because you never bothered about external investments.
I read about such an article yesterday; an investor who went long on BNB at $1 each token is NOW sitting on millions of dollars.
Of course he can retire if he wishes to (considering if this was an individual investment) and of course, picking 1000 BNB coins at $1 is just $1000; something many individuals out there could have afforded without facing too much inconvenience.
To conclude, let me add, we are entering into a future of ‘abundant abundance’. The old ways will rob those who feel all they need is just focusing on the internals. The cycle of completing the educational system is too long to risk it. You can become the next generation millionaires in the next 5 to 10 years. While also putting your head there to get this self attributed papers, don't be ignorant of investment practices, this is the future.
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