Show me the money

…He pushed his hands into his pocket and withdrew two bundles of 1000 naira note. She smiled. Her father smiled even better. “But you are an artist, abi ayaworan, oluya and you are always dishing amala and gbegiri at your mother’s buka.”

“Yes sir, things are not as it seems. With technology, jobs have taken a life of their own. We have the Amala App; people order and we deliver on our food bikes. My virtual internet exhibition is an international market space where I earn foreign currencies.”

“Hen! eyi wa leni o si nkan. No wonder Sukura will not stop following you.” He collected the money and smiled. “Wo, go and pick a wedding date o jare, na you she go marry” And you Sukura, don’t let me see that lawyer ever again o; plenty grammar, big books, and dirty collar”

“Thank you sir. But amongst other things sir, it’s not just the choice of work or how we do it but what we do with the money …….”

Yes! It’s beyond productivity and profitability. A taxi driver who earned 5,000 naira today and spent 3,500 naira (70%) on fresh fish and two bottles of beer is an accident waiting to happen. Do you want to show the money for a season or a lifetime? Don’t be fooled! Entrepreneurial start-ups are not instant license to wealth.

Infact entrepreneurship is not meant for everyone. Anyone can hit the jackpot, get promoted, inherit her father, build a career and become rich, but true financial freedom belongs to the “Money Entrepreneurs”- money smart and financially literate people who understand the rules of engaging money and how to cultivate a little to get a bountiful harvest. Most of us who studied pure sciences or pure art are victims of the letters. If you want to show good money for a lifetime, here are a few truths:

• True Financial Freedom: Until you are able to wake up in the morning, study the money market over a game of golf, a cup of green tea and chats with friends, you are still sweating. I am not talking network marketing, No! That’s many times a fluke. Go beyond the borders of traditional work and make money work for you.

• Multiple Source of Income: You can’t get very rich with one stream. Diversify within that stream, open a new opportunity and learn technological influence that will aid your growth and ensure you make “Money”.

• Money has no tribe, speaks no language and respects no degree or qualification. Smart money-savvy employees can become self-sufficient millionaires while entrepreneurs may remain poor. Are you saving or investing your salary/profit?

• Savings vs. Investment: Savings does not maximize the full potentials of your money. Investment however explore avenue for multiplicity. Yes with a considerable risk level.

• Risk and Debt opportunities and possibilities –You heard me! A good debt will yield profit. To take risk, you must have character, competence and capacity which are functions of what you know. What did you learn in school?

• Economics, Investment, Accounting and History: Whatever you study in school, take an elective in Accounting, Economics, Investment Banking and History. The Rockefeller’s Education Board was set up to tailor individuals into predictable, obedient, and reliable citizen – Domestic subservient elites. Education can limit or free you – you may be stripped of your mind, critical thinking and common sense all together. Are you financially literate? Do you know the value of 1000 naira in 6 months? Do you know T-bills, bonds etc.

• Kiss Investment, Romance an Investment Banker, Give birth to Money – If you have a good grasp of the money market, you are on your way to glory. Ever wondered how your church put up that edifice within a short time? Seek experts and ask questions.

• Money sense is not Common – Yes, when you seek this banks and investment, they necessarily do not give you the best options because these are the products that gives them leverage. They will only push up product that will get in your cash. Is 7% and 18.5% the same? Hey!

• Admire the Rich and learn their Style: Stop peddling rumours that Iya Sukura is using jazz. Stop beefing Dangote. There must be something that sets them apart. Seek it!

• Start With 9-5: Personally, I think it’s beneficial to work 9-5 to understand how businesses run. Work at credible multinationals and structured private organization. It will help your net worth, expand your network. Start an Investment today!