Entrepreneurship

Business and Empowerment Workshop

 

There are many entrepreneurs today and many want to join the club but to my surprise, not all get how to earn money clearly. The problem lies in inefficient understanding the meaning of money while some depend on Economists definition absolutely without any scrutiny or antagonism. Don’t quote me wrong, Economics’ definition is partially right and give us wide meaning of the money.

 

If you deep your hand in your pocket, the money there does not belong to you but to the billionaires because they are the one who offer you all the necessities of life and collect your paper money in return. You can see how they become richer and the masses become poorer. It is just because you don’t offer anything to the people who they will reward you in return and become rich if you offer valuable commodities.

 

Money is a reward you receive for the service you render. The more valuable the service, the greater the reward. Thinking of ways we can be of greater service will not only help us earn more money, it will also enable us to grow intellectually and spiritually. The higher the quantity of valuable service rendered, the greater the reward. Think of how many subscribers each network provider has and how much each spends in a minute, you will see the money is small but millions of people in that minute amount to billions of naira making in a day.

 

There are three categories of income earning strategies:

 

1. Trading Time to Earn Money: By far the worst of the three income earning strategies, it is employed by approximately 96% of our population – doctors, lawyers, engineers, accountants, laborers, etc. There is an inherent problem with this strategy – saturation. You run out of time. If a person accumulates any degree of wealth employing this strategy, it will be at the expense of a life. They compromise on the car they drive, the house they live in, the clothes they choose and the vacations they take. They rarely, if ever, get what they want.

 

2. Investing Money to Earn Money – This strategy is used by approximately 3% of the population. The number is small for the obvious reason – very few people have any money to invest. Many people who effectively employ this strategy follow the advice of a trusted, knowledgeable advisor. This category attracts entrepreneurs with low dream and operates the way the people of 70s operated.

 

3. Leveraging Yourself to Earn Money – This is where you multiply your time through the efforts of others by setting up Multiple Sources of Income (MSI). This is, without question, the very best way to increase your income. Make a decision to have many sources of income; it’s the strategy that wealthy people have used dating clear back to the ancient Babylonians. Unfortunately, this strategy is only used by approximately 1% of our population, yet that 1% earns approximately 96% of all the money that is earned! You are only a decision away from membership.

 

Many entrepreneurs are slaves to their businesses because few understand the clue of being in the third category. It is very easy to be in the club but we are always claiming to know everything and we don’t need other people’s advice. Many entrepreneurs carry out their businesses with old methodology. If I may ask, “When last you attended seminars, conferences or workshops? When last you hire the service of a consultant to improve your business? When last you bought business and motivational books and read them?” You can see the problem lies in your thinking and little understanding of the way to run your business.

 

Many businesses had died while many are on the verge of death. Many people want to be in the second category then graduate to the third but no idea and the way of turning the dream to reality. Many a time, it is necessary to serve in the first category before changing to second then third if the concept is understood wholeheartedly. If your business dies you have no one to blame but yourself, if your business grows, people will praise you that is why no one should be blamed for your failure.

 

Many graduates are roaming the streets carrying files up and down after years of study. If what you studied does not show you the way of being productive, why not invest little money and hear from trainers who had gone through the same channel you thread. Do you know that thousands of people if not millions have the same certificate you are holding? You need to make yourself unique in labour market and be creative so that you can offer product(s) to people and they will reward you and make you millionaire.

 

Research has shown the secrets behind the failure of businesses and reflects the strategies of growing them without stress. Even starting yours and monitoring the growth is just simple, we will reflect the secret for you and see what make the rich becomes richer on daily basis. The only effort you are going to make is to avail yourself inevitable opportunity to attend our one day Business and Empowerment Workshop. See you at the venue. Thank you.

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