When a person has a profound level of success in the business world, they can sometimes use this success to help others achieve their hopes and dreams. Investment in great up and coming companies gives entrepreneurs the tools they need to succeed and grow their own businesses. On the other side, the investor can experience fantastic returns on their initial investment. This is a great way for investors to expand their investment portfolio.
M1 Group was created by Taha and Najb Mikati and is currently managed by Azmi T. Mikati BSc, Taha’s son. Azmi has been influential in helping M1 grow to be one of the leading investment holding companies in the western world. He continues his father’s and uncle’s influence of being invested in many different sectors. M1 has investments in the aviation, telecommunications, fashion, and real estate sectors. They continue to look for great investment opportunities in other areas. A diverse portfolio means the risk is reduced and they can enjoy the ability to get steady returns for their investors. Azmi is a great example of a child that grew up learning a family business and helped it succeed more than ever before.
Look at the company as well as market trends
Warren Buffett has long been an investor in a wide variety of sectors and start-ups. Sometimes, a company can be a real winner despite market trends. This kind of out-of-the-box thinking is what has led Buffet to be one of the most successful investors of all time; he has shown that at times a good feeling about a company can pay off. If there is exceptional talent behind an idea, it may be a lucrative venture.
Follow your passion
If you are passionate about something, then you will work harder to meet your goals. Just look at the success of Cirque du Soleil founder Guy Laliberté: he started out with nothing but a passion and talent in the performing arts. His circus group were a wild success at the Los Angeles Arts Festival in 1987, and now his net worth is more than $2.5 billion. Not bad for a group that didn’t have even enough money for the return ticket home if the festival didn’t yield good results for them!
Working hard can pay off
Some investors had some pretty tough times before they had success. This can be inspirational because it shows that hard work and dedication can pay off in big ways. John Paul Dejoria is the genius entrepreneur behind John Paul Mitchell Systems, one of the bestselling lines of salon products in the world. Before his success, he was a Redken employee and even briefly lived out of his car. Now his success has led to further investments, such as the luxury tequila brand, Patron. His story is an example of how once investment wealth is accrued it can be used to branch out into other sectors.
Showing kids early on in their lives that following passion, putting in hard work, and looking up to mentors, can result in their long-term success in a wide variety of professions and fields.