HOW TO MIND YOUR OWN BUSINESS AS AN EMPLOYEE AND CREATE INCOME FLOW

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HOW TO MIND YOUR OWN BUSINESS AS AN EMPLOYEE AND CREATE INCOME FLOW

“Any asset you acquired which does not bring in income is a liability” sell it and invest the money.

Let me ask you this, how often have you made this mistake after graduating from the higher institution?

The mistake we often make after learning a skill at the school is that we get employed by companies, we help them to Mind Their Business and create more wealth for them while we get paid for our hard work and then we forget to Mind Our Own Business.

However, if you must be rich, wealthy or financially stable, you must be financially literate, as such, if you are an employee you can retain your job and still MIND YOUR OWN BUSINESS instead of spending all your life minding someone business and making him or her rich. More so you should know the difference between assets and liabilities.

“Any asset you acquired which does not bring in income is a liability” sell it and invest the money.

When I say mind your business, I mean to say, you should build and keep your assets column strong and once you invest one naira /one dollar don’t allow it to go out of your investment for no reason other than reinvesting it. Therefore, invest aggressively and reduce your spending attitude.

If you happen to be an employee, you can keep your job, be a great hard working employee but also try to “mind your own business by creating income flow and investing in profitable assets that will create and increase your column of assets and wealth than investing in liability assets.

There is a fact that rich people buy luxuries last while poor people and middle class buy luxuries first, they invest in liabilities like cars or live in an expensive rented a house or buy a house they want to live in because they want to look rich, Well, they will look rich but in the actual sense, they are deeply in debt and poor.

So why focus on looking successful instead of focusing on becoming successful? Today, a vast number of this generation focus on looking successful.

Factually, you should remember that as you build your strong assets column so will your income flow increase and your wealth also increases, in other word acquiring luxuries should be a reward from your real assets investment ( profit ).

Therefore start minding your own business and stop helping others like your employer to mind their businesses by creating an income flow for them while they pay you, invest your income.

Why not do the same for your self by employing your salaries to work for you? you become an employer to your income by investing in profitable assets, trust me when you invest in personal assets like car or jewels, once you take them home the values decreases, E.g. a new car will lose at least 25% of its value from the day you buy it.

Now that you have learned how to create these stream of income, get to work and work hard, save more and invest aggressively to create a strong asset column in that when you retire, you won’t depend on your pension.

And for those who have kids, start teaching your kids how to invest in profitable assets before they leave your home.

INVEST EVERY DIME YOU GET….

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