First, I will introduce you to the first 3 steps to lasting
wealth and later will reveal the last 3 steps. It is one
step after the other.


Step 1 - Make Money
Step 2 - Manage Money
Step 3 - Multiply Money


These three steps are fondly referred to
as the 3Ms of mo n ey.


The very first step is to MAKE it. And not just make it,
but make it in enough amounts as to be able to have a little
above what you need to survive.


Take for instance starting a family. The rule of thumb is
that the total family income(income from both parents)
must be slightly higher than what both parents need to
survive before a family can be started.


By age 25, you should be in the stage of wealth building
where you earn an income. If you are this age and you
are not earning, it is time to pay attention.


This is the stage where you must actively seek to understand
wealth and money and work hard at using your
understanding to create a footing and today,
I will focus on a basic understanding of money.


Nobody will do this for you & in my opinion, most people
have a skewed understanding of money because contrary
to what people believe, a regular bank is not the real money!
It goes way beyond this.


You see, money is all about value. How valuable you are will
ultimately determine how much you are able to make.


If for instance, you earn N50,000 per month.
It means you are valued at N2,500 per day
and N312.5 per hour. Here is the maths.


You work about 8hours daily; 8am - 4pm.
You work average of 20days a month (Mon - Fri)
You earn N50,000 per month.


N50,000 divided by 20days is N2,500 per day.
N2,500 per day is N312.5 per hour.


Your current value which translated into cash
is N312.5 per hour. That is your worth at
N50,000 per month and that is the same
wage paid to labourers per manday.


Infact, some skilled workers get paid up to N4,000 in
wages per day which means in cash speak, they have
more value that you do. Cash speak.. forget about
your English and packaging.

Read More @
http://youthaliveabk..com.ng/

Yemmy Macclean
08183200363

CREATING LASTING WEALTH (cont'd)

To accelerate your money making, you either have to
find a way to work more hours. If you work 16hours at that rate
for instance, you will double your income
to N100,000 but your value remains exactly the same.

Or you could increase your value so that you
are worth more per hour than you are currently
worth. This is the first key you need to understand.

How valuable are you?
Are you a store of value or are you just a
robot that obeys instructions as directed by
your superiors at work for a fixed charge monthly?

Do you solve problems? What sort of problems
do you solve? How many people do you solve
problems for?

These are keys to increasing your value and you can
start increasing your value immediately 1 hour a day!

How?
First, identify key areas where you can develop key
competence in. While school and education is good,
I will recommend you forget school for now and
focus on key areas you can develop competence in
and you can actively start building skills in.

I recommend you follow this plan:

1. Identify at least 3 areas you can develop skills and
competence in that can serve you in the short term
2. Identify 3 areas you can develop skills and competence
in that can serve you in the medium term (over the next
5-10years)
3. Identify 3 areas you can develop skill and competence
in that can serve you in your golden years.

Then immediately start with one of the first three and
see a way to work at developing competence by giving it
attention 1 hour a day or averagely 5hours a week.

For example, if you are a woman with kids, you could
have the following on your list:

- Fashion design
- Tutoring
- Business consulting

With a little bit of creativity, these skills can increase
your value 50 fold in the first 60days of committing to
developing them and this is what you want to start doing
immediately.

And what's more, the miracle of the Internet gives you
the power to learn just about anything from home these days.
If you need real hands-on mentorship, there are people
everywhere to help you with that.

Now, that is the first lesson. Increase your core value
so you can earn more but this is not nearly enough!

You MUST break free from the shackles of time and you
must start thinking of how to do that immediately!

Let me explain.
The explanation above shows how N50,000 per month equates
to N312.5 per hour. What you probably do not realise is
that in addition of trading your blood for N312.5 per hour,
you are also trading your life - time!

Time unfortunately is something we cannot roll back.
This is why you must work progressively to free yourself
from the shackles of time and create income that expands
without your time involvement or by the use of other
people's time.

This is a very important aspect of building lasting
wealth. You must break away from time. Your value must
continue to increase while your time commitment reduces
as you proceed.

It is not a problem to start life by trading your time
for cash. It becomes a problem when you keep trading
time for cash well into your later years.

So how do you break free from time, while continually
expanding your value and earning potential.

* Use other people's time even when it means paying
for it
* Use other people's talents and knowledge
* Creatively seek and leverage opportunities that
break you away from time (e.g. write a software,
build a website, start a membership club, write
a book, sing a song, sell your knowledge instead
of your time etc)
* etc


Now do not get me wrong.
I am not against you earning a salary. Over the years,
I have come to realise that some people are best
suited for earning a salary. So what do you do in
such an instance where you do not nearly have enough?


Here are some ideas:
* Get so creative and so high valued that you
become a partner in the firm where you work
and get a stake instead of being just a foot
soldier.

* First step may not be possible in the civil
service but then, you will see in part II of this
course that it is ALL about what you do with
your money.

* Ask for a commission for all referrals you
make starting today. We are all so good at
making referrals to people around us. You
tell friends about your Internet connection,
about buying land where you bought, about
an investment program you participate in
etc. Do you know you might just earn more than
your monthly pay in commissions?

* Start something part-time. Something that
requires 4-5hours of your time per week.
There are tons of such things you can try
your hands at.


WARNING:
Never, ever, ever quit your job just because
you are unhappy with your boss. Only quit
after you have something SURE to do that
will keep the cash pumping and flowing.



To summarise:
* First step to wealth building is to make money

* To do this, you need to develop and increase your
core values

* You need to break away from the time trap

* Do not quit your job until you have a sure income
source


Action step:
* Evaluate your current value

* Identify your value base by identifying tradeable
skills, knowledge etc that you currently have

* Pick up new skills by sacrificing 1 hour a day or
averagely 5 hours a week of your time.


Blocks:
These blocks will prevent you from getting started.
* Associations.
You cannot rise above the company you keep

* Laziness.
There are no menial jobs, only menial minds. Sit up
and do something about what you are reading.

* Ignorance.
What you do not know, you do not know. You needed
to see the faces of attendes of the Weekend Workweek!
program we completed recently as we showed them $2,500
weekend work strategies. Seek knowledge!

* Arrogance.
An unteachable spirit will keep you rooted to a place.

* Civil service / Salary mentality
When you live a life where you expect your boss to think
for you, source for you and pay you monthly, it can be
a serious block. We'v all seen how this turns out in
the end. The Osun story is a clear one.

Read more
http://youthaliveabk..com/

To Your Success

Macclean 08183200363 / elmacdlb@gmail.com

Hello Friends,

It seems that the link is broken,
but not to worry, I am glad to inform you that you can
visit my BLOG www.brookswater..com to see more opportunities.

Thanks for your patience.

Yemmy Macclean
0818320036 (Whatsapp)
www.brookswater..com
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