I had recently met someone who had inscribed the word “Cash flow” in my mind because he would always emphasize the need and importance of having a cash flow. I am currently running a catfish farm, where I had thought that I would specialize in the hatching section because that was what I learnt and thought to be the hardest part in the business as a whole. However, I decided to try growing out and table size section, and trust me, it was alot to learn. Also, the funny thing about all these sections is that the more I learn, the more I see a lot of other sections with the potential of earning.
We all need money to run a business, so I would give a breakdown of what I would do if I had $1000. Firstly, I would split the money into 4 quarters ($250) in such a way that each quarter is independent and could occasionally support the other in the case of expansion and recovery.
The first quarter ($250) would be invested in my catfish business. I would create a Hatching section and invest around $50 here. This could earn me a roi of 30-50% profit in 2 months and invest about $100 in the table size and Malenge size section, which earns about 30-50% profit in 3-6 months. All these are only possible with a good management system. Around $50 would be used in expansion, as my current production size would need to increase. The other $50 would be used in running the organization, branding of products, payment of staff, and so on.
The second quarter ($250) would be completely invested in stocks, shares, mutual funds, AI, and so on. Even real estate is something that I am also interested in. This would also serve as another source of income for me. I am currently not sure of my ROI, but I don't mind getting an expert for guidance.
The third quarter ($250) would be used in creating another agricultural business. It could be egg production, meat processing, cash crops, snail farming, and so on. Agriculture is one of the businesses I have recently developed an interest in, and I hope to see it through to the end once I have enough capital.
The last quarter ($250) and this would be spent on myself. It would be used to acquire assets that could be used as a potential cash flow. I would also use part of it to pay for information, as information is power, because if I truly want to remain at the top, I need to understand what those at the top are currently doing to remain there. I would live life and enjoy myself, but this would be done in moderation, as too much of everything can be bad.
I would also ensure that I am surrounded by people who are constantly improving themselves.
This is my response to the @indiaunited community and find the link to the Post to participate.
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