₦airaland Forum

‘‘Chymall is not opening up physical shops on its own. Chymall is opening up these physical shop through partnership or mini-franchising. These shops are called service centers. The centers are there to service our customers who can come and pick up these products. It is either you pay the company online or through these service centers. You can select your products online or you go to the service centers, give them your cash and carry your products. But the simple truth is that the products are going to be very affordable.Right now, we have many physical malls in Nigeria through what we call Service centers. We service our customers through our customers centers there. We have centers in Cameroun. We have in South Africa. Right now, we have in several African countries.’’

The startup boasts it would sell off the products on behalf of its customers within a 7 to 10 days period, leaving customers with some unexpected side profit, long hours after they have made their first purchases.

‘‘It may be strange to African markets, but the simple truth is that over 20,000 e-commerce companies are already using new retail to run their businesses in China. You can trade as many times as you want with one-time principal.’’

But there is another one called
*RESIDUAL INCOME*

What is Residual Income?

*You work once, and it keeps paying you over and over and over again*
*even AFTER you have stopped working.*

Whether it's magic salary, amnesia salary or onion salary, the moment
it STOPS coming, your life becomes *unbearable*.

*Financial LITERACY is the tool needed to TRANSFORM your salary*
*into a RESIDUAL INCOME, so you can create financial freedom and time freedom.*

*ONLY YOUR INVESTMENT can keep you going even after all the onions, amnesty, traveling, active salaries have left you drenched.*

Research has it that the poorest group of people in the world are *Salary earners*
next to *beggars*.
They live in a vicious cycle of *poverty* managed on 30 days.
Salary is continuously being awaited every month and any slight delay brings about *heartbreaking anxiety, pressure and disappointment*.

*Salary Is a short term solution to a life time problem.*

Salary alone cannot solve your money problems. You need multiple
Sources of income to balance.

The tax returns form contains about 11 income streams, salary is just one. Don't live Your *Life* fishing with just one hook, there are many fishes in the ocean.

*Salary Is the value someone has put on your effort,*

*How much do you*
*value yourself ?*

You can't increase in value, unless you *VALUE* yourself differently.
Life Is a trade off between time, effort and reward. To be rewarded
more, you have to become more *valuable*.

Most salary earners end up *poor* in the long and short term.

*Salary is the bribe they gave you to forget your dreams*

Am not saying you shouldn't work, but at least, have a plan B
I wish everyone on this group a profitable season,...

What is a Salary?

Salary, is a specific amount of money that an employee is paid for
work done.

The big question is Which type do you earn?
1. *Onion Salary:* - You grab it, you open it, and you cry.

2. *Storm Salary:* - You don’t know when it’s coming or going.

3. *Menstrual Salary:* - It comes once a month and lasts only four
days.

4. *Magic Salary:* - You touch it and it disappears.

5. *Amnesia Salary:* - You can’t remember what you spent it on.

6. *Time Travelling Salary:* - You spend it paying various debts even
before you collect it.

7. *Active Salary* - Once you stop working, it stops.

There’s a myth that the average millionaire has seven streams of income. I don't know if there is truth to this. But, if you’re looking to gain financial prosperity by having multiple streams of income, then you first need to start with one stream of successful residual or passive income, then another and another.

Having multiple streams of income means that a person is receiving income from several residual or passive income streams at once. Residual or passive income is income that a person earns without directly putting in work. This could be profits from ecommerce, share of a company or it could be from property that they own and collect rent payments on.

While they may have to put in some up-front work, they do not need to put in direct work in order to make an income. In other words, they could go on vacation and that rental property or ecormmerce store can continue to make money for them.

Most people who have passive income streams have found that once they have one income source up and running, it is easier for them to create multiple income sources. These are often referred to as multiple streams of income.