NEGOTIATING YOUR WAY INTO WEALTH AND RICHES

NEGOTIATING YOUR WAY INTO WEALTH AND RICHES

“And it came to pass, when Rachel had born Joseph, that Jacob said unto Laban, Send me away, that I may go unto mine own place, and to my country. Give me my wives and my children, for whom I have served thee, and let me go: for thou knowest my service which I have done thee. And Laban said unto him, I pray thee, if I have found favour in thine eyes, tarry: for I have learned by experience that the LORD hath blessed me for thy sake. And he said, Appoint me thy wages, and I will give it. And he said unto him, Thou knowest how I have served thee, and how thy cattle was with me. For it was little which thou hadst before I came, and it is now increased unto a multitude; and the LORD hath blessed thee since my coming: and now when shall I provide for mine own house also? And he said, What shall I give thee? And Jacob said, Thou shalt not give me any thing: if thou wilt do this thing for me, I will again feed and keep thy flock: I will pass through all thy flock to day, removing from thence all the speckled and spotted cattle, and all the brown cattle among the sheep, and the spotted and speckled among the goats: and of such shall be my hire. So shall my righteousness answer for me in time to come, when it shall come for my hire before thy face: every one that is not speckled and spotted among the goats, and brown among the...
HOW TO BUILD MULTIPLE STREAMS OF INCOME

HOW TO BUILD MULTIPLE STREAMS OF INCOME

When you understand how to strategically build multiple streams of income, you will suddenly discover that most of the reasons against the concept can easily be overcome. To successfully build multiple streams of income, you must identify, build and succeed first in your primary source of income. Once your primary source of income is built to a reasonable level of success, the success should give you some level of time freedom if done properly. You can then use the freedom created from that success to create additional streams by leveraging on your success and existing resources to create another stream of income. Your existing resources are the skills, knowledge, information, contacts, savings and all the experiences that made your first business a success. This is the best approach to the concept of multiple streams of income. All It Takes Is Creativity  You can leverage on your success in real estate business to start a seminar business, and once the seminar business is doing well and you are recording good successes, you can leverage further on this to create a third source of income. Then a forth source of income as you write a book. You can also leverage on the same piece of information and knowledge to develop the fifth income stream as your turn your book into an e-course. Start a speaking business to generate the sixth income stream. A coaching, training, and a consulting business can also be added with time. Within a short period of time you can have as many as seven or ten steams on income. It is a lot easier to find multiple...
MULTIPLE STREAMS OF INCOME: YOUR SURE ACCESS TO WEALTH

MULTIPLE STREAMS OF INCOME: YOUR SURE ACCESS TO WEALTH

  It is no longer news that we are living in a time and season of great height of business and financial uncertainty. Data on unemployment rate and job losses are frightening and alarming, showing that nobody’s job is safe. Relying on one source of income can therefore be a highly risky path to tread in your quest for financial freedom. Friend, earning an extra income on the side is no longer optional; it is a necessity. One of the major benefits of multiple income streams is risk diversification. Every sophisticated investor knows the importance of diversifying his investment portfolios; riding on the same wisdom, the diversification of your income streams is just as important, especially in difficult economic times. It has great potential to shield you from unnecessary financial risk and embarrassment. Indeed, generating income from multiple sources helps you to be less exposed to risk. The more income streams you have, the more financial security you have. More streams of income equal more security. No Need To Reinvent The Wheel Of Financial Success Wealthy people have more than one stream of income. If one stream dries up, they have other sources of income to support them. Think of this scenario, if all your income is generated from your job and something goes wrong with the company you work for, then, you might surely be exposed to serious financial risk and challenging times. Think about this scenario also, if the service or the product your company provides suddenly becomes obsolete. Or perhaps, one or some of your major clients stopped doing business with your company for whatever reason,...
HOW TO INCREASE YOUR INCOME

HOW TO INCREASE YOUR INCOME

Building wealth is simple. It is not rocket science. It doesn’t require luck, genius, special gifts or special connections. The principle of wealth creation is something everyone can practice; it does not require extraordinary smartness. All you need to do to build wealth is to generate more income than you spend and then invest the difference. Nothing more! Income is the lifeblood of wealth accumulation. It is a major factor in the equation of wealth creation. It is the take off point of every attempt at wealth building. Attempting to become wealthy without the flow of good income is almost an impossible task. You Are Restricted By The Size Of Your Income  Your income size to a great extent would determine your lifestyle; where you live, where you shop, the school your children attend, the car you drive and many more are often influenced and determined by the size of your income. Generally, it is the nature of humans to always want to improve their lifestyle; which most of the time calls for better income. The better your income, the better positioned you are to improve your standard of living. Furthermore, your income size would determine how much you are able to save and invest. When your income is more than your expenses, you are in a better position to save the surplus for investment. The Great Challenge One great challenge a lot of people are mostly confronted with is how to increase the size of their income. Unfortunately for many, the only thing they know about increasing their income is to ask the boss to increase their salary....
THE SECRET TOOL OF THE RICH AND WEALTHY

THE SECRET TOOL OF THE RICH AND WEALTHY

One great truth you must embrace in your quest for wealth acquisition is that, there is no need reinventing the wheel. There is nothing new under the heaven; the sun that shines today is the sun that shone when my great grandfather was born, and will still be shining when my last grandchild shall be gathered to his fathers. The law of emulation says, you will be successful in proportion to which you find out what other successful people are doing, and then do the same things yourself over and over again. Success in every area of human endeavor leaves clues and tracks, especially in financial undertakings. If one is wise enough, all he would need to do to become wealthy is to locate what the rich and wealthy have done to create their wealth, and do the same. “That ye be not slothful, but followers of them who through………inherit the promises.” Heb 6:12 Whatever result any man ever achieved financially can be duplicated by any dummy in any part of the world. We live in a world governed by law, not chance. Rules and principles help us to understand that everything happens for a reason, whether or not we know what it is. It is all about action and reaction; cause and effect. Everything you see in and around your life, success or failure, wealth or poverty, has a specific cause or causes. Every cause or action has an effect or consequence of some kind or another, whether we can see it, or whether we like or agree with it or not. This goes to show that all...
HOW TO CREATE YOUR OWN WEALTH

HOW TO CREATE YOUR OWN WEALTH

Outside of the privilege of being born into a wealthy family or marrying into wealth or winning a lottery……..the probability of which is very slim; there are three fundamental ways of becoming wealthy. Money is one of the most important subjects in life. Joy and pain stem from decision about money. This makes giving due attention to how money is made and wealth accumulated a worthwhile endeavor. The truth is that making money and accumulating wealth is not an easy walk in the park. The only thing that is really easy about money is losing it. Creating wealth is a product of determined, conscious and consistent steps, taking over time. It answers to a choice to be wealthy, backed with a decision to pay the necessary price. People become wealthy because they have learnt how to become wealthy. A choice to be wealthy is a choice to embrace any of these three sure fire accesses to wealth: Live below your means. Living below your means and investing your savings is the guaranteed way to wealth. Your first task in your quest for wealth is to learn to live upon less than you earn. Learning to live upon less than you earn is a crucial step in your pursuit of financial success. This is crucial, because in the final analysis, the true measure of how good or how well you’re doing financially is how much you keep out of the amount that you earn. It’s not how much you make, but how much you keep, that determines your financial future. A part of the earned income from your job is...