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You felt that the above retirement program may be very hard to achieve as your monthly income is not sufficient to contribute the required monthly
You felt that the above retirement program may be very hard to achieve as your monthly income is not sufficient to contribute the required monthly investment installment.
So you are going for a creative approach in generating the retirement fund using the business and entrepreneurship approach. Using the wealth magnification approach is seen as a more credible route.
The approach is as follow :
To identify a product and business opportunity
To start a pilot business operation using the cheapest and simplest form
To magnify business volume by opening more outlets or branches.
To magnify wealth using the Market earning multiple approach
To target corporate listing within the next years
To guestimate the target value of wealth that can be generated within the next years.
Show you spread sheet analysis. If you use time value of money in the opportunity analysis, will this approach still stand viable
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