subject: Money for Wealth [print this page] Money for Wealth Money for Wealth
In making money for wealth creation, there are a lot of things we really need to have. These things cost nothing but they are must have. I have really looked round the country and have seen lots of poverty. Not just in my country but all over the countries that makes up the world. Poverty is indeed not what we should be friendly with. You need to fight it with all your might and deeds- but legally. So many people complain of inadequate Education or non of it as a source of poverty but I tell them I have seen people who are not educated fight poverty and they have lived to tell the story. So are you educated and yet live in Penury? Are you not educated and yet sees that as a challenge or a cause to live in abject hunger that diminishes you as a person? There is hope. Yes, very close to you.
These series will help you. We want you to be able to afford those things you desire. Those things you need, your ends. Now, let's go back to the questions. What are those things I really need to have? (Note the change in the pronoun from We' to I') This is because it is now a personal fight. A personal wish, a personal desire. You need to change your mindset, your perspective of thinking and then have the will power to drive you.
Sometimes ago, there was this quote I saw that is still changing my lie. According to an American Philosopher Williams Kames, he said "We do not sing because we are happy, we are happy because we sing". Life is a real situation, and life can hardly give you all that you desire. If it does, individuals will just sit back at home and make wishes or have you forgotten "if wishes were horses, beggars would ride?
Now, the first thing you really need to have is EMOTIONS- these are the most powerful forces inside us. With emotions most things can be done. Emotions can be seen as fuel and the mind is the pilot which together drives us. The day you allow Emotion to fuel your desire, your life will begin to turn around.
DISGUST- This is not usually associated with good things of life. You get disgusted with those things you hate. When you feel disgusted with those things, you have reached a point of no return. You need to say to yourself "I am tired of living like this anymore". You are free to call it what you like "Enough is enough", "Bull Shit", there is nothing as good as saying this words.
DECISION- Decision making is about doing the unthinkable. It's about believing in yourself, in your dreams, in your aspirations. It's about you knowing that uneasy lies the head that wears a crown and still believing yours will be easy. Decision making according to Jim Rohn can be likened to internal Civil War. Conflicting armies of emotions, each for its own arsenal of reasons, battle each other for supremacy of our minds and our resulting decisions whether bold or timid, well thought out or impulsive can either set the course of action or blind it. Always note that "it is better to make a wrong decision that not to make one at all". Our feelings must be sort out.
DESIRE- Desires are wishes that come from the inside which are triggered by outside forces. The desire is already there inside of you, but it needs an extended force to trigger to action. Your decision is a big factor that can trigger off such desire in you. You must have the desire not to fail. You must desire not to go back irrespective of the outcomes of your decision. In as much as it is your will to succeed, it shall come to pass.
RESOLVE- This has to do with the "I will" factor. The mountain climber says " I will climb the mountain, they have told me its too high, it's too far or too steep, it's too rocky, it's too difficult, but it's my mountain and I will climb it, If I don't reach the top, I am not coming back". It is simply promising yourself you will never give up. Think about it. You must always know that as long as there is life, there is hope. There are times when things will definitely not go the way you want them to, all you need to do is to hang on, continue. Resolve not to stop. Always remember that rather than give in fight back.
DREAM- After emotions comes your dream. You need to have a dream. How do you see yourself? Now, the thing is, you need not dream alone but become a dream actualizer. Dream actualizers are people who despite problems, uneasy life, inadequate education, poverty e.t.c. are willing to give what it takes to solve problems confronting them.Dream actualizers must have the following attributes:
Commitment: When you take Statistics of the world richest men and women, you would discover something similar to all of them, they are committed. Everything they do is committed towards their business. You must really need time to do your business and do it real well.
Tenacious: You must be tenacious and never see any dream or problems as too difficult to handle. You must have a never say-die attitude, a relentless willing spirit. The ability to go on despite all odds. You must have the belief that life without any obstacles is a cripple life. History has shown that celebrated winners usually encountered heartbreaking obstacles before they triumphed. They won because they refused to become discouraged by their defeats.
Passionate: You must be passionate about what you are doing you must like it. It must become part and parcel of you. You think it, drink it, eat it, sleep with it and dream it.
Creativity: I have never seen a man who is respected far and near who has not been creative. When you hear such names as Henry Ford, Thomas Edison, Bill Gates, you will really discover the power of creativity and the need to be creative. This is getting interesting. We are not even started the series proper. Are you charged already? Then let's combine these inner thoughts of actions to the real stage of starting.
How do I start my own business? I believe starting your own business is what can get you out of that poverty. You need to know how to start that business first before going into it. You must remember that running a business of your own will bring a sense of independence, an opportunity to use your own ideas, earn higher income profit e,t,c, Now, you really need to understand the following carefully:
Discover your Passion- What are you good at? You don't have to do something because others are doing it. If you are good in humor or comedy, stick to it and over a period of time you will develop an expertise you can't even imagine in that endeavor. It is your passion that will really determine what business you do. Always remember when you have a passion for something it always comes easy.
Have Self Confidence- Having self confidence involves believing in yourself, in your ability and in your skills to eventually get the job done even when people are saying it will not work, you believe it will and it is your belief that will convince others not to dump you. Self confidence is indeed of great importance to starting a business.
Passion and self confidence leads to Hard work- Being smart is relatively connected to hard work. This could include your ability to put a creative effort into a job and doing it well. No one achieves success by doing things in a lackadaisical manner every single day. There is no alternative to hard work. Hard Work is the use of creative ability to do activity that requires energy, time, concentration and perseverance.
Pick right Choice of Business- This is indeed very important. A lot of people have failed because they are into the wrong business. It becomes a wrong business because you have failed to adequately study the business before going into it. Therefore, a right business is that business that is made easy through adequate preparation and passion for it. Always remember that, if you do not like the kind of business you have chosen, your frustration and lack of enthusiasm may leads to it failure. But in making your choice or selection, remember that, the more experiences and training you have had that can be put to direct use in operating a particular business.
Determine the Initial Capital- This often very important. After determining the business to go for, then how much do you need to start it? Do remember that, no average amount can be specific since circumstances alter cases but you must try to have a little above what you think is necessary. Thee are many ways to raise the initial capital, it could be from one:
Personal Savings
Business Saving and
Borrowing from Bank
This is beyond our scope but whatever source it is, care must be taken.
Location- The Kind of business chosen will determine your location and always note that, you should choose a location that is friendly to your business. Environmental factor is indeed very important in business. Sometimes, you find good businesses in bad locations and therefore make poor returns. Ensure you take your time properly to locate your business.
Staffing- "Bird of same feather flocks together" goes a saying. Select people that are of like minds, people that are willing to start from days of little beginning, people who will work hard for the business to grow, and people who are passionate about the job and who look forward to doing the job well. They may not have the entire attribute but then, you need to add all other qualities missing through seminar and lectures.
Find a Mentor- One of the greatest decision you can make in your business is to find a mentor. A mentor is one who guides you all the time, he ensures you don't miss the road, someone to criticize you and render advice that is well needed. Mistakes are often little when you have a mentor, this enables you to grow at a faster rate
Now are you ready to go? Finally, commit the business to God for unforeseen circumstances, He knows above human and He will be there for you.
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