1. Live within your means

It is no surprise to find many people trying to fit into their wealthy pals’ circle but end up living miserable lives in the name of ‘showing off’. Even some of the richest individuals in the world live modest lifestyles. Warren Buffett for example has lived in the same home since 1958 and drives a 2006 Cadillac. That’s pretty modest for a man worth over $70 billion.

You’d be surprised to find that even some of those individuals enjoy luxurious lifestyles but have little saved up. It’s good to treat yourself once in a while but be modest while at it.

2. Avoid debts at all costs

Avoid taking debts at all if you want to build substantial wealth. Explore other options even if, say, disaster strikes unexpectedly. For example, try and borrow from friends or family if necessary you can even offer to pay them back with interest.

3. Start a side hustle

Always have a plan B aside, regardless of how secure you think you are at your current job. It doesn’t have to be a part-time job, rather a project that you can manage on the side of your full-time job.

If you want to truly get ahead financially you need to have multiple sources of income. A side-hustle is a great place to start.

4. Sell all the stuff you no longer need

Those old electrical equipment or clothes in your closet could be a gold mine in waiting. Selling them could be another useful way of creating wealth. And there are plenty of online marketplaces for used goods that make it a breeze to sell your unused items.

5.Choose the right life partner

If you are always fighting with your significant other, what room do you have for career growth? Take the time to choose

With less and less jobs, more and more people are joining the race to start their own businesses. The latest survey shows that since Corona hit our country, we have registered the highest number of company registrations and business name applications. Even the employed people are starting side hustles to complement their salaries. This article is for you.

How can one start and grow a business successfully? Before we answer that question, we must ask ourselves this question, which is the most important department in a business set up? Is it accounting? Finance? Human resource? Insurance? Banking?Marketing? Or sales?

The most important department is sales department. All the other departments depend on sales department. It is the department that produces revenue and income to the business. It is the one that ensures cash inflows exceeds cash outflows.

Big organisations have hired sales people. On the other hand, for solopreneurs (the only owner of a business) they are the ones who do sales.

In this article I will explain how you will grow your business.

The sales cycle comprises of four steps:

1. Suspecting.
In sales language, a suspect is anyone who you think needs your goods or services. Might be your relative, friend or neighbour.

2. Prospect.
A prospect is a converted suspect. It is anyone who you think needs your goods or services and you’ve gotten in touch with them to ask if they might need it. The prospect might be;
~Buyer initiated – the buyer looks for the seller.
~Seller initiated – the seller looks for the buyer.
~Referral oriented – the buyer gets in touch with the seller after being told about the seller by a former buyer.
Always ensure one job gives you atleast three more jobs, don’t be scared to ask for referrals.

To learn prospecting, one must master the art of cold-calling. Cold calling is calling a stranger with the intention of asking them to buy your product. For cold calls, you need greeting, benefit and request.

3. Sales presentation.
This comes after you have cold called and requested for an appointment with the prospect. Sales presentation comes during the appointment. This is the time when the seller explains the values and benefits of the product. During the appointment, the seller must be careful about the smile, dressing and handshake. The seller should give the prospect insights and not just information.

During the sales presentation, the prospect will give out objections including:
~No money.
~No need.
~No time.
~No urgency.
~No trust.

Remember, people work with people they know, like and trust. So build rapport, build relationship, build trust.

𝗧𝗼𝗽 𝗹𝗲𝘀𝘀𝗼𝗻𝘀 𝗳𝗿𝗼𝗺 𝘁𝗵𝗲 𝗯𝗼𝗼𝗸 “𝗘𝗮𝘁 𝗧𝗵𝗮𝘁 𝗙𝗿𝗼𝗴: 𝟮𝟭 𝘄𝗮𝘆𝘀 𝘁𝗼 𝗴𝗲𝘁 𝗺𝗼𝗿𝗲 𝗱𝗼𝗻𝗲 𝗶𝗻 𝗹𝗲𝘀𝘀 𝘁𝗶𝗺𝗲” 𝗯𝘆 𝗕𝗿𝗮𝗶𝗻 𝗧𝗿𝗮𝗰𝘆.

❗A must-read for anyone who wants to stop procrastinating‼️

1. Set the table: be clear about your goals and think on paper. A goal that is not in writing is merely a wish or fantasy. Think about your goals and review them daily. Do something every day that moves you towards your goals.

2. Plan every day in advance: it takes only about 10-15 minutes to plan your day, but this small investment of time will save you up to 2 hours in wasted time and diffused effort throughout the day.
The six-P formula: proper planning prevents poor performance.

3. Apply the 80/20 rule: people procrastinate on the 20% most important tasks and concentrate on the 80% that contribute very little results.
Resist the temptation to clear up small things first.

4. Consider the consequences: Ask yourself the potential consequences of not doing the task before starting. Long-term thinking improves short-term decision-making.

5. Practice creative procrastination: Deliberately procrastinate on small tasks because you can’t do everything you want to do and you have to procrastinate on small tasks that don’t have much contribution to your life.

6. Use the ABCDE method continually ‘A’ for very important important task. Which should be your priority before any other.

7. Focus on key result areas: a key result area is an activity under your control. Whatever you do, you must have certain essential skills to do your job well.

8. If you want to increase your reward, increase the total value of what you do.

9. Prepare thoroughly before you start any task. Get the necessary tools and create a comfortable workspace.

10. To eat a big frog, take it one step at a time.

11. Upgrade your skill sets: If you are a quack, you will likely procrastinate. Learn what you need to learn so you can do your job in an excellent way.

12. Identify your key constraint: what is holding you back from eating the frog that can really make a difference in your life?

13. Put the pressure on yourself by creating imaginary deadlines.

14. Motivate yourself into action. Don’t always wait for motivation; you won’t always get it. Be your own personal cheerleader. Coach yourself and encourage yourself. Be optimistic!

15. Technology is a terrible master: Technology can be your best friend or your worst enemy. Keep your relationship with technology under control.

16. Technology is a wonderful servant. You must discipline yourself to treat technology as a servant, not a master.

17. Focus your attention: Don’t allow social media or anything else to distract you; be focused to achieve more.

18. Set time for your goals and develop a sense of urgency.

19. Discipline yourself to focus on one task. Get it done before moving on to the next.

Thank you for reading

some will choose to read this to the end,other will not.That’s how it is.

Having two dads offered me the choice of contrasting points of view: one of a rich man and one of a poor man.

As a young boy, having two strong fathers both influencing me was difficult. I wanted to be a good son and listen, but the two fathers did not say the same things. The contrast in their points of view, particularly about money, was so extreme that I grew curious and intrigued. I began to start thinking for long periods of time about what each was saying.

One of the reasons the rich get richer, the poor get poorer, and the middle class struggles in debt is that the subject of money is taught at home, not in school. Most of us learn about money from our parents. So what can poor parents tell their child about money? They simply say, “Stay in school and study hard.” The child may graduate with excellent grades, but with a poor person’s financial programming and mindset.

Sadly, money is not taught in schools. Schools focus on scholastic and professional skills, but not on financial skills. This explains how smart bankers, doctors, and accountants who earned excellent grades may struggle financially all of their lives. Our staggering national debt is due in large part to highly educated politicians and government officials making financial decisions with little or no training in the subject of money.

Instead of simply accepting or rejecting one or the other, I found myself thinking more, comparing, and then choosing for myself. The problem was that the rich man was not rich yet, and the poor man was not yet poor. Both were just starting out on their careers, and both were struggling with money and families. But they had very different points of view about money.

Choosing not to listen to my highly educated dad’s advice and attitude about money was a painful decision, but it was a decision that shaped the rest of my life. Once I made up my mind about whom to listen to, my education about money began. My rich dad taught me over a period of 30 years until I was 39 years old. He stopped once he realized that I knew and fully understood what he had been trying to drum into my often-thick skull.

Money is one form of power. But what is more powerful is financial education. Money comes and goes, but if you have the education about how money works, you gain power over it and can begin building wealth. The reason positive thinking alone does not work is because most people went to school and never learned how money works, so they spend their lives working for money.

Because I was only nine years old when I started, the lessons my rich dad taught me were simple. And when it was all said and done, there were only six main lessons, repeated over 30 years. This book is about those six lessons, put as simply as possible, just as simply as my rich dad put forth those lessons to me. The lessons are meant not to be answers, but guideposts that will assist you and your children to grow wealthier no matter what happens in a world of increasing change and uncertainty.

Need the E book?Inbox me via WhatsApp no. 0706343463