ANCIENT TRUTHS ON WEALTH
Poverty is only an excuse for failure
So many billionaires of the recent past were not from rich parents. The difference between them and today’s youth is our totally depended on certificate and the government. Most of the world millionaires started very early. They stepped into the street early enough and started getting practical experience on how to apply the principle of demand and supply.
Be it born in your mind that there is equal opportunity for anyone to make millions. “For we are created equal before our creator”. The same God created all, sends rain and sun to both the good and the bad no discrimination. What matters is how you make use of the little time and money at your disposal. Poor people are the big spender, while the rich are the big investors,product and service providers. The money in the society always find their way back to the rich.
If you put your heart in your business, the end result is fortune.
Where your treasure is must be where your heart should be. The grass is greener where it is watered. If little rays of light is focused enough to a point, the beam can even cut an iron. Therefore, if your heart is in your business, all your energy is consequently focused there too. At this point you become innovative and creative in that business, because the two come with constant focus and meditation.
A fat purse quickly emptied, if there be no golden stream to refill it.
No matter how rich an individual becomes, if your inputs do not surpass your outputs, the end result is emptiness. That is why the survival of every business depends on the recovery of your capital and total reinvestment. Oceans dry quickly if there be no strong river sources that refill. Pray and work hard enough to make sure you do not get empty, no matter how hard business becomes. Just do not loose all.
There is no magic to increase if you do not have an entity by which the act of multiplication is done.
To be successful in life, time and study is required.
Yes, when you do not add to what you already know, you are falling behind to what the business has become. Study is the foundation to innovation and creativity.
Viewing any information with eagle keen eye, redeeming every of your time with steady input ensures you stay on top of your game.
It is wonderful and great to form the habit of improving the mind at every opportunity; no matter how short the time or how small the opportunity may be.
It is not the number of hours spend on a job that matters, but the value of what you did with those hours. “The more brains that you will mix with your muscles, the greater rewards”. Do not have the mindset that you have to work longer hours to earn more. But earn more coins per hour, not work more hour to earn more coins. As long we think that the number of hours work should be equal to the number of money earned, we are in financial trouble. This is because the number of hours we have in a day is not enough to guarantee this. So do not tie you earning to the number of hours you work
The only solution to this is to raise the value of your work, and let your goal be to raise money not to work much harder.
Learning is of two kinds;
a. the things we learned and know
b. the training that taught us how to find out what we do not know.
It is wonderful and great to form the habit of improving the mind at every opportunity; no matter how short the time or how small the opportunity may be. As mammals with higher brains, we ought to study to know things. It is only when we know something, that we will ascribe to have more knowledge about it.
Through ignorance we have invited fear, worry; therefore through knowledge and understanding we can insure their absence.
In every trade, your ability to train yourself to search out ways to deal with your day-to-day problems even before they manifest will guarantee how far you will go. There is nothing to substitute learning. Even when an individual fails big, if your failure did not teach you, it will break you.
To succeed we must work tirelessly to complete a task and then rest.
In order to set a task and complete it, set a task you must finish. As time goes on, you can set a higher task.The idea is to grow a step at time.
Never live a life flapping from one thing to the other aimlessly like the wind, rather make you choice of business and stick to it with all you wisdom.
Not all movement is progress especially when you move without predefined destination. Any task not completed cannot give a result, and the same time cannot redeem the time spent on it. Every uncompleted task is like an uncompleted building. You just buried your resources in the house, yet you cannot live in it.
So an incomplete task is just a wast of time and resources which we do not have in abundance.
To finish every task, there must be proper concentration on task; choosing the moments for your task and making it a habit to embark on the task at that very moment and keep repeating it every day. It will be done, no matter how huge your task be.
Road to financial success hold that “ you must decide that a part of what you earn is yours to keep and then save it”
If you want to save; whenever you receive money, do not start spending hoping that you will save what remains. Normally what remains is zero, because as long as money to spend is available, the numerous things you can spend it on are also available. Moreover, things to spend on even incite their “ relatives” so that you spend even more than you had planned. When money to spend is not available, we naturally find away of doing without it. That is why I have learnt to save in an investment account. Once I send money there I assume I no longer have it.
Before you spend any money, put your saving aside and then spend what is left after saving.
Saving is the first great principle of success and first chances of a man’s advancement and success.
We must interpret saving as investing; because if we save without investing it, it will not last long we spend it to the last coin.
Keeping your seed instead of planting it a primitive wrong idea. Many people stopped at saving.
When you save, your saving is your seed, plant it. When you just keep the seed ( money saved ) some needs begins to die ( eaten by inflation and the likes ). that is why I recommend that you read about the different type of investment strategies you can use to grow your savings. I am not necessarily talking about putting the money in a business. I am talking about putting it to use in a way that can ensure return with a gain.
Poverty is poverty anywhere anytime
“That is; the sun that beat us today, the same sun beat our fore fathers when they were born”
Do keep in mind to avoid poverty of character and mindset
How an individual thinks, so is him or her.
If you will succeed in a thing, you must always keep your mind or imagination alive, move, think and act as if you had gained the success “Your dreams and imaginations are prophesies, predictions, couriers, forerunners of things that can become reality”
Whatever we want in life can be ours if we can pay the price of hard work and continuously move in the direction of our goal.
A will to succeed is an absolute determination. “ Knowing that you can get whatever you want out of life without violating the right of others is the starting point”
The money you save is a slave that work for you.
The money you save is your seed for next season. What you suffer to safe and invest will guarantee further income and more savings for you in the future.
Consequently spending 80% of your earnings, is like having a tank where you have an inlet that is smaller than the outlet. It will never full. Then, should the inlet ever reduced significantly, the tank will run dry. However, if you do it the other way round and the inlet is bigger, it will get full and even overflow. Therefore, we have to always ensure we are widening our input while narrowing the output, all the time.
In all that you pay people for goods and services, pay yourself too for you efforts. “ therefore how many percentage you must receive”.
Learn how to pull of from work once in a while, to replenish your loss energies. A successful career must flow from a well balanced mind with sense of absolute security and unquestioned faith in God the sustaining power.
Man’s life is full of energies to achieve things. However, if one continues to emit without receiving, soon he or she will be exhausted. Therefore, make provision to treat and service your engine periodically.
To reach a greater height, reach the resolution that your gains will be shared as follows ( forty percent must be invested, thirty percent must be kept for yourself, ten percent for God and twenty percent for family and friends).
Only when your ability to invest is wisely and consistently enough can you achieve this great objective to be successful in business, using whatever means at your disposal. You can devise your own method of investment that will best suit your income. But, profit is assured, if you invest your income under the advice of men wise enough in that field. Therefore, do ensure that 50 percent of your income is reinvested.
However, do not invest in a haste, because a profitable opportunity always take some time to mature.
Investment is a seed and you grow it by continuous reinvestment.
If there is more than enough income at a time, your ability to reinvest proportionally to your immediate income will definitely take your business to the highest hight in no distance time.
Then, when you want to invest into any business, be very sure you have enough knowledge or a trusted friend who is wise enough in that business. Because, income is lost when investment is made to an unfamiliar or impossibly business opportunity born out of romantic desires.
Wealth that stays to give satisfaction to the owner comes gradually, because it’s made with knowledge and persistence
Always avoid the temptation of spending your investment on needs.
Avoid keeping money you do not intend to use in the short-term within easy reach. Walking around within large extra cash in your pocket in case of emergency has already created avenue for emergency at the sight of something you desire.Because the impulse of “urgency” is hanging around the money until you spent it. The inclination to set off a desire is a devil that will keep you busy.
As already said, there are always expenses available to gobble any money that is within reach, so if you do not want to spend much, then keep to your budget.
Take advice only from someone who is directly involved in that particular business.
Profit is assured, if you invest your income under the advice of men wise enough in that field. “Therefore, be wise and strong enough to protect your investment from cunny and wicked people”
Remember, income is lost when investment is made to an unfamiliar or impossibly business opportunity born out of romantic desires or advice from a stranger.
A small profit and a safe one is far more desirable than a risk.
If an individual must gamble, he must distinguish his business from gambling. If you expect to raise money from schemes to build your business, you are indirectly giving up your business to gambling. Never invest in schemes or opportunities you are not familiar or experienced in.
Modern study has it that 70 percent of money made from gambling always find their way back to the casino.
Do not try to save too much so that you can enjoy life while on earth.
People that try to build their business with every penny they have always end up giving everything for nothing. Likewise those who save too much for a better tomorrow will deprive themselves the pleasures of today and yet keep worrying of the uncertainty of tomorrow. Today is what you have, yesterday is history, but tomorrow is the future and the future belongs to God.
However, one must save enough to ensure smooth progressiveness of his business, but not for pleasure. Pleasure is day-to-day affair. No one has his or her life on the palm. We can transform any moment.
Start wisely to build your investment and be competent before you can teach others.
Only a master has the right to teach. Some people thinking that they have stood see themselves failing very hard. Do not be wise in your own way. You cannot know by no how.
Education is the knowledge of how to use the whole of thyself. Therefore the principal objective of education is to be efficient in your ability to do anything
Before you consider coaching someone be sure you know a lot to withstand the challenge tomorrow. Because, a student today is likely to be a master tomorrow.
Avoid emptiness in things you do, because natural law advice that he who has even more will be attracted to him.
The law of multiplication supposes that an entity must be there to multiply with. A multiplication by zero equals to zero. If a persons pocket runs dry, opportunity are meant to bypass this individual, because good luck favours those who are prepared.
The least gift an individual can give to himself or herself is education. It is a foundation for every other achievements. There are formal and informal education. Chose the one that best suit your intended business plan.
You are to guard your wealth by your knowledge.
Needs grow to equal your income, unless you cut some off.
Spending money on an item that you can do without (at least for the time being ) is a mere wast of your income.
Avoid keeping money you do not intend to use in the short-term within easy reach. Walking around with large extra cash in your pocket in case of emergency has already created avenue for emergency at the sight of something you desire. As already said, there are always expenses available to gobble any money that is within reach, so if you do not want to spend much, then keep to your budget.
Desires grow in men whenever there is possibilities to attend to them. Select the need your budget can possibly attend and consider others unsatisfiable and do not regret them”
Making budget helps you realize the more needful needs and defend them from the casual wishes. Budget will give you a light to find the leakage in your pocket.
Wish you good luck!
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