Saturday, August 20, 2011

NEEDS

Have you ever wonder what to do that can make you to become financially free? Well I think one of the things you can do is to start knowing that human beings need something and they will always pay to get that thing. Last year it was estimated that the American population spent over three trillion dollars on retail goods and there are tendencies that they are still going to spend more in years to come. Human needs is not limited the fact remains that humans will always and will continue to need something and the more things they need the more money they will be willing to spend.
So to become financially free you have to be able to meet the needs of people. You can start by looking around you and locating needs that have not been met, there are two types of needs there are;
(a) The conscious needs i.e. needs people are aware of and that could be anything
(b) Unconscious needs i.e. needs people are not aware of, for instance everybody needed an aircraft but they nobody thought of it until the Wright brothers created one same also is the computer, telephone and other inventions.
The likes of mark zuckerberg, bill gates and other wealthy people understood this principle and with that they were rewarded with enormous wealth. The surest way to get financially ahead is by serving people and meeting their need for a profit after all the big firms claim to serve you and in return you pay them, so also you can also meet the need of people and in return they compensate you with MONEY.



REAL WEALTH

Have you ever asked yourself what money really is? You see one of the greatest undermining factor undermining the development of the world is the vague belief held by most people on the subject of wealth and riches, most people today in the world think wealth is having so much paper asset well, sorry to disappoint you, you are wrong. Real wealth are asset that produce(s) money, real wealth are like machines that keeps on producing or you can say vomiting money. So to build real wealth you have to understand these assets.
So in building wealth you have to take into consideration these assets as against paper money because paper money can be mutilated, destroyed or even cancelled but asset can not be destroyed because asset are the real wealth not the papers. So how do you secure your financial future? I think it is by investing in real wealth, and what is real wealth? Well the following two can be classified as real wealth.
(a) Creative ideas.
Ideas they say rule the world most people never know that the great billionaires are guys who understand that money is a product of their ideas not the paper stored in the bank, after all the likes of bill gates, mark zuckerberg and even Steve jobs never worked in a bank. Then how come they are so wealthy? Well pals they are guys who have ideas about a new innovation, products and services and they turn this product into a money machine that keeps on producing plenty money. In fact I think one of the surest ways to become truly wealthy is by tapping into the power of your spirit or your creative ingenuity to create financial stream. You may think you are not as gifted as bill gates well, I think you are wrong because God created with something all you just have to do is look deep within yourself and find that thing because that is the secret to your wealth.

(b) Investment.
Another real wealth machine is investment. There are lots of things you can invest in you can invest in shares, bonds, funds, real estate or any other investment vehicle. These assets keep on making you money either day or night. All you have to do is to carry out your ground work and talk to financial experts so as to know the right investment to make. And really I think this is the best time to invest because stocks and other securities are a bit low now so you can buy at a cheap price and hold till the price starts coming up and then you sell.

Real wealth are anything that can stand the test of time and can easily be converted into paper money anytime. Most of the worlds currency is backed up by Gold and gold overtime has been able to stand the test of time. That in my own view is the real wealth.



Thursday, June 9, 2011

HOW TO TURN YOUR HOBBIES AND PASSIONS INTO A FINANCIAL STREAM.

There are lots of opportunities for business startups but the best place to discover a business opportunity you can easily start is by looking into your hobbies, passions and likes.
Hobbies are what you like to do and this could be sporting activity, reading or traveling while passions are what arouse your interest. You can easily tap into this to kick start your business. Everybody has at least two or more hobbies and we are all passionate for something even if it is eating or sleeping according to Dan Kennedy. You can easily turn them into a financial channel.
Okay, how do you go about it?
(A) Establish a clear identity: lots of us think we are passionate about something but really we are not, So, in order not to be gambling with our future it will be very advisable to evaluate our self and discover who we really are and what we are passionate about and what our hobbies are. You should sit down and evaluate yourself in order to discover your true self. You can get any of the self help books in order to help you make your decision.

(B) Discover a target market: once you have discovered what your true passion and hobbies are the next step will be to discover who really need your hobbies. You have to discover a target market for your products for instance if you are a writer you can channel your writing skills into what you are passionate about it can be sports, relationships or finance and then look for people who really need your write ups in your targeted market, as a writer who write on relationship you can target married couples or even youth and channel whatever you are writing to them.

(C) Turn your hobbies into business: turn your hobbies into a business venture. Are you passionate about discovering talents why can’t you set up a talent discovery firm or are you music freak you can set up a recording label to produce singers. There is nothing you can’t turn into a business venture, discover your true passion, discover who need it and set up a firm to meet the need.

There are lots of things you can do with your hobbies and passions that can fetch you your much desired financial stream all you just have to do is to get a clear picture of your hobbies and what you want to do with it. There is nothing you can’t turn into a business if you are really determined to succeed all you have to do is to look into what you have and package it into a solution that can solve peoples problem even the dumbest idea can work if it is well channeled and packaged.
And remember to succeed you have to be determined, persistent and focused.

Thursday, May 26, 2011

Business ideas in Nigeria's tertiary institutions.


    Want a business idea? well, you have come to the right place. In Nigeria today the whole place is filled with the be your own boss message, and really I think the message is timely and necessary and I think its high time we put to use this advice.
     There are lots of books specifically designed to provide various business ideas, and how you can easily put it to work, for business extensive ideas, you can get any of this books. However I will be focusing more on businesses locked up in our tertiary institutions.
     Nigeria boast of over one hundred universities with over two million students not to talk of other tertiary institutions scattered across the country providing suitable markets for any of your business ideas, for clarity sake, lets enumerate some of the business ideas locked up in our tertiary institutions:
(A)  Food service: there are lots of business opportunities locked up in this area. You can open a fast food retail or mini food centre or even open up a foods store where packaged foods are being sold. You can set this up with little capital, you don’t have to be a millionaire to do this I guess, there are lots of other food related business you can do without breaking into the central bank coffers.
(B)   Clothing and wears: If there is anyplace to package, sell clothing and cosmetic wears I think its in schools, why? the girls wants to draw attention and the guys want to prove that they are big boys. You can tap into this and produce, sell cosmetics of all kind. Aside from cosmetics, cloths and other wears can be made and even sold, aha how about having a cloth making shop or factory whatever you choose to call it and help various departments in producing annual wears or even help students brand their clothes. Well there are lots of money to make packaging and selling wears.
(C)  Entertainment: Students like the social life you know, and who does not want to see the likes of dbanj, 2face or even wizkid performing life. Aside from this students love entertainment, so I think organizing shows, football cups, packaging tours and also you can also have a viewing center showing live premiership matches. How about producing students entertainment magazines, radio stations or even a television shows, well think fast you see there are lots of things to do and lots of money to make so friend tap into this business stream.
                  Sorry hope I am not boring you? There are lots of other biz ideas like having a barbing or beauty saloon, producing and selling stationery, textbooks, and even clothing’s, well the world is full of ideas my friend so get up and get on with them.
               NOTE: I think the best way to get a business to do is by looking inward and finding what you are really passionate about, like your hobbies, passion, likes and others. Don’t do what you don’t like or are not passionate about but look inward and get your real like and passion.
               Thanks for visiting this site and hope to see you again.