The first thing that will attract money into your life, if you are not inheriting so much, is your personal ability. Your skills, what you can do will determine how much you will be paid. I will divide the skills into two broad categories. Hard skills and soft skills.
Hard skill will further be divided into (i) physical strength (ii) intellectual strength.
(i) Physical strength – for example carrying load, digging, hawking etc.
(ii) Intellectual strength – accounting, engineering.
Soft skills in other hand refer to skill such as honesty, integrity, loyalty, all this can attract money into your life. Remember even a thief does not want his money to be stolen.
You must understand that:-
(i) That they are sometimes natural.
(ii) All these skills can be learnt
(iii) Sometimes it requires time to learn them.
(iv) The easier they can be learnt, the less money they attract.
(v) Remember that it is smart to start your life with the readily available skills, start from where you are. Earn money and use it to learn the difficult ones so that you can earn more money.
Though life does not end up 100% the way the story laid it out. Sometimes with deep understanding this system out laid I that story can be altered. It could be difficult, it will take extra effort. This is because human life is moulded by habits. If you are not used to winning it takes extra effort to start winning. Winning is an habit, it takes a man that understand discipline or who naturally has self control to graduate with a first class. Though there are variables, he will find it easy to learn such skills. But if you are used to winning, even if you experienced a barrier along your path your past experience at victory will motivate you to confront the barrier. “You should understand from the poor, the weak, and the financially uninformed. If you have too much debt, the world takes everything you have. Your time, your work, your home, your life, your confidence, and then take your dignity if you let them”. Robert Kiyosak
There are basically two types of people in the world.
The first set of people which constitute highest number of population believes that wealth is measured by how much money you make and how hard you spend it. They don’t have to appear poor on the outside, because they live in big houses, ride big cars, work in biggest corporation in town. Like wise they have big debts they must pay themselves. They are the prodigal sons, whose sin is that he spent all.
The second set of people understand that life is not about how much money you make, but it is about how much money you keep, how hard the money you have kept is working for you. So they are business owners, great investors. They invest in products, services which people can buy from them so they guarantee that money flows toward them. They understand that every body is their customer. They manipulate the system to attract cash flow from the other set of people. So we must understand that money flows always in the direction of the person that can take care of it.
We have just finished painting the picture of how money can flow into your pocket through either natural skills or learnt skills. I will like to emphasize that these fact does not make you a wealthy man, it is like putting fuel in your car it does not guarantee that the car will move. The sin of the prodigal son is not that he asked for his inheritance, his sin was that he spent all. What you do with the money that is flowing through you is more important than every other thing. That is what you will account for that will determine whether you will end up a victim of life and you will end up in Aso rock.
In order to build wealth, and make the kind of money you really need to gain financial freedom. You must be willing to make long term plans and avoid get rich quick strategy.
The steps you can take to move to the other side of the quadrant, where the truth will make you free.
(I) Learn from God.
God spent six days to create the world, it could have happened in a second. He started the world with just two people. Now we are over six billions. Understand this silent law, numbers experience geometric progression in short time. Six billion people compared to six thousand years. Time will multiply exponentially your effort if you learn to use it judiciously, it will not double it.
(II) You can now pick any of these potions or combine them depending on your energy/passion/hunger for wealth.
(1) Rise to the top of the corporate ladder in your field.
(2) You could decide to rise to a certain level and than launch out on your own.
(3) Start your own business using any of these potions.
(i) Build from scratch with the help of mentors, reading books.
(ii) Get an MBA from a prestigious school and get a fast track job up the corporate ladder to learn how to build systems
(iii) Buy a franchise
(iv) Network marketing.
I will be writing next on how to build self confidence.
reference: Cash flow quadrant by Robert Kiyosak, Bible
Wednesday, October 14, 2009
Where is my Money part 2
With this article we will examine how the flow of money which is like current,can flow from other peoples pocket to your pocket voluntarily.
What is money? Literarily money is a means of exchange. It could be exchange of product for product, or product for service or service for service. This implies you must come to the table with something, you must offer something in exchange. This simple law apply to vices such as prostitution etc. This is the singular reason arm robbers come with guns to take it by force because nobody is willing to let go of it just like that, unless they get something in return. Money according to its creators is an IOU guaranteed to be paid by tax payers of the issuing country. Money is only as good as long as the people have confidence in the government backing it. Though it was formerly backed by gold but all that have changed. Money is only money because of the confidence people have in it. That was why the coins are no more in Nigeria, just because Nigerians will not do business with it no matter how well the government promoted it. So you must learn that to attract money you must demonstrate confidence, self esteem. And others must have confidence in your abilities.
From this one can conclude that money is not the paper we carry about, it is actually abstract. The paper is just a symbol, a material to quantify or express our confidence, our values, our skill, and our wealthy. Imagine you are traveling to the USA and carry a plane load of N1, 000 naira notes. If you do not come cross another Nigerian that has equal amount of dollars and willing to exchange you may end up being stranded in USA because your naira note is worthless there. But if you go there with a ship load of diesel, you will make more friends than enemies. So we understand why dollar is valuable, it is because Americans are productive,creative people. Bill gates is the world richest man because he created Microsoft software that solves a universal problem. If the Chinese over take them in worthy then their currency dominates the dollars. That is why your makers said you should multiply dominate and subdue the earth.
So if I need money, what do I do? I go for value, skills etc.
I will have to learn how to create multiply, dominate and subdue.
How do I attract money?
Matt 25: 14-29. “Once upon a time 3 Nigerian graduates full of life, after they had completed their NYSC went job hunting. After searching for a while the best among them who graduated with a first class in engineering landed lot of job offers, but he chose one of them which is to work with an oil firm. He was being paid N300, 000 a month. The second with a second upper division after attending a few interviews finally was employed @ a bank to be paid N150, 000 naira a month. The last person eventually landed a job at a start up company which was paying him N35, 000 a month.
After 20 years the first class graduate runs his own company and has accumulated lot of wealth ; the other man that worked with the bank, now has his own stock booking firm and likewise accumulated substantial wealth. The last man had to retire from his places of work, tried his hand on business he failed. So he retired to the village to avoid the shame of the city.”
What is money? Literarily money is a means of exchange. It could be exchange of product for product, or product for service or service for service. This implies you must come to the table with something, you must offer something in exchange. This simple law apply to vices such as prostitution etc. This is the singular reason arm robbers come with guns to take it by force because nobody is willing to let go of it just like that, unless they get something in return. Money according to its creators is an IOU guaranteed to be paid by tax payers of the issuing country. Money is only as good as long as the people have confidence in the government backing it. Though it was formerly backed by gold but all that have changed. Money is only money because of the confidence people have in it. That was why the coins are no more in Nigeria, just because Nigerians will not do business with it no matter how well the government promoted it. So you must learn that to attract money you must demonstrate confidence, self esteem. And others must have confidence in your abilities.
From this one can conclude that money is not the paper we carry about, it is actually abstract. The paper is just a symbol, a material to quantify or express our confidence, our values, our skill, and our wealthy. Imagine you are traveling to the USA and carry a plane load of N1, 000 naira notes. If you do not come cross another Nigerian that has equal amount of dollars and willing to exchange you may end up being stranded in USA because your naira note is worthless there. But if you go there with a ship load of diesel, you will make more friends than enemies. So we understand why dollar is valuable, it is because Americans are productive,creative people. Bill gates is the world richest man because he created Microsoft software that solves a universal problem. If the Chinese over take them in worthy then their currency dominates the dollars. That is why your makers said you should multiply dominate and subdue the earth.
So if I need money, what do I do? I go for value, skills etc.
I will have to learn how to create multiply, dominate and subdue.
How do I attract money?
Matt 25: 14-29. “Once upon a time 3 Nigerian graduates full of life, after they had completed their NYSC went job hunting. After searching for a while the best among them who graduated with a first class in engineering landed lot of job offers, but he chose one of them which is to work with an oil firm. He was being paid N300, 000 a month. The second with a second upper division after attending a few interviews finally was employed @ a bank to be paid N150, 000 naira a month. The last person eventually landed a job at a start up company which was paying him N35, 000 a month.
After 20 years the first class graduate runs his own company and has accumulated lot of wealth ; the other man that worked with the bank, now has his own stock booking firm and likewise accumulated substantial wealth. The last man had to retire from his places of work, tried his hand on business he failed. So he retired to the village to avoid the shame of the city.”
Sunday, October 4, 2009
Where is my Money? Part 1
Money is a topic humans are scared to discuss both in private and in public because it erupt emotions, in the family between husband and wife, among parents and their kids. It is the cause of most divorce; it is the reason many kids are rebellious to their parents.
And this is so because we don’t understand the truth about money. It is the singular most important subject yet not studied formally. So, the reason for this informal vehicle and the purpose of this article and many more to come is to unravel the mystery behind money. So that rather than being its slaves, it becomes our slave.
Let me lay a solid foundation for this article with words of Robert Kiyosak. “If you know how to take care of money, money will flock to you, and be thrown at you. People will beg you to take it. It’s not how much money you make, but how much money you keep, how hard it works for you, and how many generations you keep it for. If money is not first in your head, it will not stick to your hands, then people with money, will stay away from you”.
The first lesson I want us to learn is that to be wealthy we have to see money as a game. Because it is actually one, we don’t have to see it as a means of survival.
When I say seeing money as a game, I am not talking about Ludo game which is based probably on 50% on luck. Even in Ludo game if you don’t throw the dice then you don’t score a number. So when I say a game I mean it has rules and laws guiding it. This also implies that it require skills. So we must be willing to learn and understanding its laws, learn its skills.
I will be addressing lots of things like answering questions such as what is money. How do I attract money? But before I go further, I will quickly solve a riddle which is a burden; remember the topic is “where is my money?” Your money not mine. I will answer by telling you to look around you, your money is in the pocket of people you come across daily. And those that your mind can see and comprehend.
And there are some basic ways to get the money out of their pocket:
(1) By force (2) willing and cheerfully.
Also the bible said that the lord loves a cheerful giver. But a lot of pastors think other wise.
By force could be stealing, arm robbery, 419, yahoo yahoo, rituals, fraud.
Cheerfully is either by selling (products/ service), solving their problems, inheritance, leading.
And this is so because we don’t understand the truth about money. It is the singular most important subject yet not studied formally. So, the reason for this informal vehicle and the purpose of this article and many more to come is to unravel the mystery behind money. So that rather than being its slaves, it becomes our slave.
Let me lay a solid foundation for this article with words of Robert Kiyosak. “If you know how to take care of money, money will flock to you, and be thrown at you. People will beg you to take it. It’s not how much money you make, but how much money you keep, how hard it works for you, and how many generations you keep it for. If money is not first in your head, it will not stick to your hands, then people with money, will stay away from you”.
The first lesson I want us to learn is that to be wealthy we have to see money as a game. Because it is actually one, we don’t have to see it as a means of survival.
When I say seeing money as a game, I am not talking about Ludo game which is based probably on 50% on luck. Even in Ludo game if you don’t throw the dice then you don’t score a number. So when I say a game I mean it has rules and laws guiding it. This also implies that it require skills. So we must be willing to learn and understanding its laws, learn its skills.
I will be addressing lots of things like answering questions such as what is money. How do I attract money? But before I go further, I will quickly solve a riddle which is a burden; remember the topic is “where is my money?” Your money not mine. I will answer by telling you to look around you, your money is in the pocket of people you come across daily. And those that your mind can see and comprehend.
And there are some basic ways to get the money out of their pocket:
(1) By force (2) willing and cheerfully.
Also the bible said that the lord loves a cheerful giver. But a lot of pastors think other wise.
By force could be stealing, arm robbery, 419, yahoo yahoo, rituals, fraud.
Cheerfully is either by selling (products/ service), solving their problems, inheritance, leading.
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