We
ALL know at least a little about a wheel. Always circular with spinning abilities. The first thing to
note here is structure, this is something very crucial when one is talking about seeing the right output. Not many of us were opportuned to sit at the fit of experienced ones to learn. Many of us grew up being fed with the wrong information. Aside from seeing yourself in a poor or middle class family, the worse can be the information you get.
Many of us don't know what
money truly is, not even talking of entering into big talks like
assets,
dividends,
investments and so on. To most of us, the tactics of alleviating
poverty is by securing a good
job. That's why we mostly flock into the schooling system and miss out on fundamental
education. Many get fortunate to secure this good jobs, but later become the bait, they have to be continually working for
income flow.
Having money, being rich and staying wealthy to me are three different things entirely. The first talks about being able to cater for your daily needs through what you do, maybe through being employed or self employed. Being rich is having money in excess through your field becoming a hot cake and you get higher pay or income than usual. Staying wealthy is a game changer as you will have to migrate to the level of replicating what you have to make more.
sourceThe thing to note here is that
wealthoperates on a wheel. What do I mean here? There is no sustainable wealth without a system or structure. I have come to realize that wealth is creativity, how can I make the assets around me emit? That's where the sparks start. How many have come from being rich to poor or how many are still locked in the having money circle? Complaints without doubts don't solve any of our problems yet we must admit for some of us, we would have been further than where we are if only the right information was served.
There are people who can do little to nothing in the midst of abundance because the 'wheel trick' is not their thing. At most they do with money is spend it. To be more precise, money is not even wealth but rather a channel to get wealthy. There are many people who will argue this
statement just on the grounds that they can count numerous things that money can
buy. But have you noticed that money only buys?
How much was a dollar worth 20
years ago compared to today. Our
story of Naira is something else yet assets like lands,
businesses and so on have scaled in value.
source Have you checked out these wealthy guys we have around, observe that their concerns are not on money but things that are able to generate. They create wheels in which when they get those big
loans, they can spin it through these systems to stay in
profit. All they do is keep on expanding this system as more profit turns out. Without doubts, this is not an overnight practice especially for those who had no foundational knowledge on financial intelligence.
I once talked about the fact that many of us are not financeable. Let's leave the fact of how much your daily jobs pays you. In the absence of how to make more while doing little to nothing, the
risk here is very high. Adding to that, even as a business person, without a well tested wheel, you are not still worthy of
finance and your chances of making wealth will continue to be slim. Don't let anyone deceive you, there is enough money in circulation. Yet because money is only a means to an end, those who have their wheels in place are able to will it their direction.
To conclude, let me add, creating a generational wealth is not an 8:AM to 4:PM activity. I am not against jobs, we all start somewhere. Yet in the midst of this, we have to have a better understanding of how to navigate should better
opportunities hit our way. The idea here is getting enough assets that keeps spinning your wheel. Of course not everyone will become
entrepreneurs, but investments are always open to those who are willing to engage in dividends and rewards while they sleep.