How to become a trillionaire in BitLife is one of the most challenging questions that any person might pose for themselves in the BitLife world. Users typically don’t reach this position due to time restrictions because they typically pass away before their fortune reaches even a billion dollars, let alone a trillion.
However, with the help of the business update, players can now engage in lucrative industries like designing semiconductor chips or running automakers and make a ton of money—even a trillion dollars. If you are aiming for the stars, you might also be interested in learning what does god mode do in Bitlife. Nevertheless, for now, let’s dive into the details of how to become a trillionaire in Bitlife.
How to become a trillionaire in BitLife?
First off, we urge you to start your firm with a large sum of cash in order to fast expand it up rather than relying solely on the profits from the beginning. Being a member of the royal family is the finest method to have a lot of money in millions. Start by imagining yourself to be a prince. Give up your royal title after you turn 18, but keep all your fortune.
From the Special Careers tab in the Job area, use your wealth to purchase and launch a new firm. Any industry on the industries list that has a high demand value among the populace, shown by a filled green bar, is open for business. Before making any purchases, carefully check the Demand parameter. We will proceed with a semiconductor business for the example because of the industry’s high demand and profit margin.
Assign a name to your company and pay the initial minimum investment. Do not accept a salary at this time because you should be working to make your company lucrative rather than yourself. Choose each chip while customizing your first product, then research the market. Look for a chip with a high green bar value (demand) and a low competition value in that analysis. We advise choosing an item that perfectly satisfies that need, such as an automobile chip.
Select the automotive chip, then introduce the product. The factory’s production plan is the next and most important section. Use the following standards when determining each production plan parameter.
- Fixed Cost/Chip – 80 to 90% of the slider(initially available slider).
- Marketing Cost/Chip – 20% of the fixed-cost chip.
- Price/Chip – 40% profit margin
- Production – 25% of the slider(initially available slider)
Let’s use a numerical example to explain the question of how to become a trillionaire in BitLife more effectively. If your fixed cost is 600 dollars, 20% of the chip, or about 120 dollars, should go toward marketing. With marketing and fixed costs totaling $720, you must sell each chip for at least $1,000 in order to make a 40% profit. Maintain a 25% production value. It is a very secure range of numbers, and you won’t experience any problems with the overproduction problem.
Finding a reliable source for your product comes next after revising your production. Always seek out a supplier who offers you more quality at a lower price than the one you have at your disposal. When searching for a new provider, this guideline should be your guide. Finding a reliable source will boost your product’s appeal because happy customers will always leave positive reviews.
Launch the product after everything is in place. Get your first yearly and expert forecast report as you get older. This annual report will provide you with the information you need to make decisions. If the game suggests that you sell 30% more units than you are currently producing, then you should raise the production value to reflect this. On the other hand, if it specifies that you can raise the chip’s price by a specified amount, then do it. Play in accordance with the report and adhere to it sternly. You would never encounter a circumstance where you had to reduce production because of the overwhelming demand.
Make sure the net income, revenue, and profit margin are gradually rising with each annual report. Upon achieving a profit, gradually ramp up the number of employees and facilities. In order to complete your quest of how to become a trillionaire in BitLife, for every 500 million profit margin dollars you make, we advise building a new plant. Increase the workforce in tandem with the factory to the greatest extent possible. Remember that as you open new factories, your net income will temporarily decline. Not to worry. Our aim is not to maximize net profits. Our primary goal is to annually improve revenue and profit margin.
Improve the mood of your factory workers concurrently by taking them to fancy events and being supportive of them at all times. To make them happy and quit rebelling against you for payment, up their pay to Big Bucks. Never fail to give your employees appreciation and respect their requests.
Making the employees happy is half the battle with figuring out how to become a trillionaire in BitLife, but you also need to look after your own health. You will frequently have high blood pressure since you are the owner of a significant chip manufacturing company. In such cases, see a doctor right once to receive treatment. If you don’t, you’ll pass away far sooner than you wanted to, which will prevent you from becoming a trillionaire. Before getting older, we also advise maintaining a balanced diet and exercising regularly.
You would have made gradual, steady growth by this point in your attempt to figure out how to become a trillionaire in BitLife, turning millions into billions and securing the total value of your business. The next crucial step is to determine whether you need to create another product. You don’t need it, though. It’s best to use the same chip the entire way. Instead of dividing your attention among many things, concentrate on enhancing its quality and modifying the production schedule. As previously stated, look for a provider that is superior to the existing one and turn the quality bar completely green as soon as you can.
After carefully gauging your advancement each year, repeat all the stages. Your business ought to be valued at $1 trillion to $2 trillion by the time you are 90 to 100 years old. Sell the business and complete your quest of figuring out how to become a trillionaire in BitLife.