7th April 2024 9:03:26 AM
2 mins readActress Beverly Afaglo is encouraging fellow creatives in the industry to diversify their income streams by investing in businesses.She emphasized that this step is crucial to ensure financial stability during periods of reduced acting opportunities.Afaglo points out that with an increasing number of individuals entering the Showbiz sector, actors may not receive daily calls for work.
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However, by venturing into business endeavors, they can secure an ongoing source of income.She elaborates, citing examples from Hollywood where celebrities like 50 Cent and Jay Z have become successful business owners alongside their entertainment careers.“My advice to them is to invest in business because after the fame and everything, people still look up to you for many things and that’s why you have to tap into this.
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"In Hollywood, we have the likes of 50 Cent, Jay Z being owners of companies. 50 Cents has water, Jay Z has different businesses. You need to invest into something and definitely because they love you, they will be able to be part of you and it works like this because at the end of the day, it will get to a point where you won’t be called everyday.
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Younger ones are coming, there might not be roles for you, how you look, how you act, but when you have invested into something, then it’s definitely going to help,” Beverly Afaglo stated.Afaglo emphasises the importance of tapping into entrepreneurship, as it not only provides financial security but also maintains one's relevance beyond the spotlight.
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In line with her advice, Beverly Afaglo has recently launched the Traffic Shawarma franchise.She expressed confidence in her brand, believing that her loyal audience will support her ventures due to their trust in her credibility.“I believe people trust my brand and anything I put out there till now, people know that whatever I bring into the system is legit and so far they are happy.
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”Afaglo's message underscores the necessity for industry players to look beyond immediate fame and invest in sustainable income-generating activities for long-term financial well-being.
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