The 9 industries most likely To make You a Millionaire :
When I was a little kid,when I was about 10
years old, my dad and I, we would go fishing. And my dad would alwaysget on this little boat and we would kind of take the boat to about 30 minutes away fromthe city, this was in Hong Kong and we would fish in that area. And as a little kid, I'll ask my Dad, "Dad, why do I have to get ona boat and go to this area? "Why couldn't we just fish where we are? "Why would you have to make this trip?" And my dad would say to me, "Well, son, that's where the fish is." And I always remember the lesson, just like the reporterasked a famous bank robber, like why did you rob in the bank? 'Cause that's where the money is.
Right, is the same idea. As an entrepreneur, choosing the right industryis very, very critical. And there are many industriesthat we could get into, right? And sometimes I think we areoverconfident as an entrepreneur, and we say we could go into any industry, sell any product, offer anyservice and provide solution and we could be verysuccessful in doing that. I think that's simply not true. So today I'm gonna sharewith you nine industries that are most likely tomake you a millionaire.
And if that's your goal, there are many industriesthat you can get into. Now, I'm not talking about, like, gimmicks and tricks like cryptocurrencyor winning the lottery, I'm talking about thelegitimate, proven industries, that have createdmillionaires and billionaires. Industry number one that is most likely that will make you a millionaire and that is financial services. Now, when I say financial services, I'm talking about the management of money, money lending or management of assets. We're talking about the loan associations, banks, financial companies, insurance companies, brokerage. A lot of those firmsare very, very wealthy because there's a lot of money in money.
One of the things I learnedfrom one of my mentors, he said to me, "Dan, don't ever forget, "the money is in the money." There's a lot of money tobe made just by managing, handling, investing money. Michael Bloomberg,former mayor of New York, became a billionaire byproviding financial data to the financial industry. Industry number two, technology. Now, you know the Google,the Facebook, the Apple, but we're talking beyond that. Think about traditionalindustries that you could go into, maybe by using technology, what you could do todisrupt that industry.
And you can see that a lot. Now we call that disruptors, right? How you could use technologyto make things more efficient? We're talking about robotics,we're talking about AI, we're talking about automation, we're talking about manufactureof these technology products or even providing technology as service. Billions and billions andbillions dollars worth of value are gonna be created inthis particular sector. So, are you a technology entrepreneur? Industry number three, health care. My mentor Dan Pena, the $50 billion man, talks about this a lot, health care, because people are willingto spend a lot of money to live longer.
So health care, I'm referring to, could be assisted living, senior homes, pharmaceutical, any products or services that'll help people to livelonger life and stay healthier, that's very, very goodindustry to get into. Industry number four, realestate and construction. United Nations forecast predicts, by 2025, the world'spopulation will increase to almost eight billionpeople, eight billion people, by 2050, it would bealmost 10 billion people. That's 10 million people onthis little planet by 2050. Now, what does that mean? Where's the opportunity? We all need a place to sleep in, to play in, to entertain, to go to, to shop.
Real estate and construction. Industry number five, education. With all the changes, all the technologicalchanges that are happening, knowledge becomes very, very critical. People want to learn, they want to equipthemselves with skill sets, and that's the space thatI am in, the education and software space, because I can see theopportunity happening right now in front of us to connect individuals, people, professionals, to 21st century skillsand job opportunities. Now, within education, you could also have productsand services and software that helps people in many different ways. So we have traditional education, but we also have alternative education, education outside of theschool systems, right? And it doesn't always have to be academic, it could be other types of education that can help peopleto lead a better life. Education, huge business.
Industry number six,entertainment and recreation. Beyond than just education,people want to be entertained. In fact people demand entertainment. You look at all these big companies are getting into theentertainment industry. Now, what am I talking about? Movies, animations,productions, special effects. There's so many companiesgoing into that industry. Amazon Prime, of course, you have Netflix, Hulu, Disney Plus, Icould go on and on and on. Why? Because this is where we are going. Now on the other hand, thinking about industries who help and facilitate this particular industry, but also we talking about influencers, YouTubers, Instagrammers, right? Now for the first time, you have people in that industry.
Standup comedians couldmake millions doing that, before you couldn't, mostof time they struggle, but now we are in this ageof people want entertainment. So, if you can find away to create a product or service or company around this to service this particular industry or to service this demand,you could also make millions. Industry number seven, transportation. Now, human beings we like to travel. As now with the internet,the more we see the more... We don't want alwayswanna be stuck in a house, we wanna go out there and see things. So air transportation,aerospace, huge opportunities. But also think aboutnow people buying online and shopping online.
Where do you think theopportunity could be? Handling shipping packages. I'm not just talkingabout FedEx or UPS or DHL. Think of something like Uber Eats. People like stuff being delivered to them, as now people are shoppingmore and more online. This is a huge industry. Just by being able toprovide service or product. It could be as simpleas providing software to help these companies to manage the inventory better, right? Or the shipping handling better. That could be easily amultimillion dollar business. Industry number eight, energy, especially renewable energy. So, going beyond
than just oil and gas, now we're talking aboutsolar or wind, right? So, with billions and billions of people, we all need power, we need more power to power up our devicesand our technology. So that's huge industry. If you could come upwith creative solutions that could solve this problem, not just millions, it could be billions of dollars. But you need to have certain team, you need to have an understanding of how this whole thing works, and you need to be ableto work with government to how to execute this properly, but there's definitely a lotof money to be made in energy. Industry number nine, food. Now, with billions of people,not only we need power, right? We need a place to live inand we also need to eat. So in the food industry,that's not gonna go away. With so many people on the planet, we need more cost effective, more efficient way toproduce, create food, right? To produce food to feed so many people.
So, what do we need to do? Again, maybe you cancome up with solutions that could go into thesecertain industries. And I'm not just talking about fast food, because with so many options, people want healthier choices as well. And to me supplements,health type products, are all those productsfall into this category. If people are eating it and taking it to want to have a healthier life, yes, that falls into this as well. So, those are the nineindustries that I believe that are most likely tomake you a millionaire. But you need to also combinethat with your skills, your background and your know-how. Getting into the rightindustry is one thing, but you also need to be the right person in the right industryin order to make it big.