Network marketing still works. It is one of the ways to build a a business on part time while you work your job on full time. I encourage you to work your business hard and it will pay you well.

“Whatever you don’t value can never add value to you.” – Pastor E.A Adeboye (General Overseer RCCG)
Take This Seriously
Attention fellow Nigerians, the same income you earned before will achieve less in 2016. You can't afford to just waltz into 2016. Many things have to change, and to be forewarned is to be fore armed. In this article, my goal is to help you realize how you can be earning an extra $1000 monthly working part time without jeopardizing what you are doing currently. I have to tell you that if your desire for extra income is strong enough, you will be able to realize this goal by following the steps I will be sharing in this article.
If you are with me, say I’m ready!
The 16 surefire guaranteed steps to build a successful network marketing business that will be paying you a monthly income of $1000 in 2016 are;
1. Do your due diligence on the network marketing industry to validate the fact that it is a noble and honest profession for responsible people. This is to clear your mind of all skepticism.
2. Identify a good network marketing company and sign up.
3. Become the product user and indulge in wholesome consumption.
4. Define your ‘Why’
5. Write your name list of 300 names minimum
6. Sit with your sponsor to do your first start plan
7. Make a decision to go pro. For more detail on this, read Eric Worre’s Go Pro
8. Start contacting friends, family and associates (your warm list) to share your product/business testimonials
9. Pick a mentor; an Upline leader who is successful in your company and models him. Duplicate his belief system and strategies he used in achieving his success.
10. Commit yourself to continuous learning. Listen to audiotapes daily while driving and read average one book monthly. It is mandatory you read this four books for a start, in this sequence
a. Go Pro, 7 Steps to Becoming a Network Marketing Professional by Eric Worre
b. Questions Are the Answers, How to Get to Yes in Network Marketing by Allan Pease
c. Your First Year in Network Marketing, Overcoming Your Fear, Experience Success, and Achieve Your Dreams! By Mark and Rene Reid Yarnell
d. The 45 Second Presentation that Will Change Your Life. How to Own Your Life by Don Failla
11. Take responsibility and take action always. Note that if you succeed or fail in our profession, it is your effort not anybody else. Learn to stop blaming others or making excuses for what did not work but to always learn from it and continue to take action until you produce your desired result.
12. Create your vision board and spend some time every day, preferable in the morning before your vision board to visualize your goals. By doing so, you mentally step into your goal and start acting it even before you achieve it. This builds your confidence and increases your competence level.
13. Always start your day with mindset building exercise. You either watch a short inspirational video or listen to an inspirational tape or read an inspirational passage. This way, you are pumped up and excited to take on your activities for the day.
14. Ensure you touch your business every day. Network marketing is a business not a hobby. The meat of the business is prospecting and recruiting. Therefore, prospect daily and do a minimum of four business opportunity presentation weekly.
15. Let tools do the work for you and don’t reinvent the wheel. The fastest and most professional way to work our business is by using tools. While prospecting, use audio/video tapes. Also, follow the system put in place by your upline leadership and do not question it.
16. Always attend events packaged by your company/upline leadership.
For more details on these steps, follow me on my blog; www.ucheudembaozoh..com.ng

I am working on a Snail farming and processing project in Ikorodu Lagos. I need a committed enterprising young man who has practical knowledge of snail farming to take up the job of a Farm Manager.
To contact me, send your resume to successplus11@gmail.com or call 2348063768873.

Step 18: Don't allow money to be your primary motivation rather value creation. But balance it well so that it'll be profitable. Some people may take me up on this but I still maintain my opinion. If your primary motivation is money, you may not be patient enough during the early days of your business. Entrepreneurship is full of ups and down especially the early days. Another reason why I hold on to this opinion is because value creation is very important for business sustenance. You will agree with me that one of the reasons why people indulge in different unethic practices in business is because they put money first before value creation. This can kill your business prematurely.

When your offer is value based and of quality, customers will continue to stick to your product/service. Again, referral is one of the best form of marketing and you will enjoy this when your customers are satisfied. A satisfied customer will tell others about how satisfied he/she is with your product/service. I remember canvasing for Visafone internet services because of their excellent services. I have also done this for several products that I used and loved so much. Therefore, you can leverage on this knowledge to enhance your product/service marketing. Till I come your way next time, I wish you, the reader a happy Christmas and prosperous new year.

Step 17: Pay your brokers well.
Hello friends and thread followers, it has been a while since I posted an update here. Anyway, I lost focus on this task. That is by the way. The next step in our series is to pay your brokers well. By brokers, I mean those that offer you support services in your business. The truth is that your success is their success so every good broker is always looking for the success of his/her clients. If you are looking for people to render support services to your business, look for those that have the interest of their client at heart not shred service providers. Again, I know that one of the major challenges in the early days in entrepreneurship is insufficient capital. If you have good people rendering support services to you, they will understand this constraint and they are willing to offer terms that are favorable. In my business, my web support guy and the graphic design guys are marvelous. They are true brokers and on my one I pay them well for the services they render to my business. Although, I do have delayed payment but they understand with me.
I must tell you that if you identify the right support guys and remunerate them well, they will be there to see you excel in your business because your success means more job for them both from you and your referrals. Till I come your way next time, comments and concerns are welcomed.

It has really being a while since I updated this thread. But, it's is worthwhile for me to inquire how this thread is affecting the readers. If your insight has been inspired by this thread, kindly share your testimony herein. It is a way of knowing whether I'm communicating or not. Shalom.

Success+:
I don't know their limit per day but what I know is that I've been sending 25 friend request without issue. 10 in the morning, 5 in the afternoon. 5 in the evening and 5 in the night.
Best of luck.

I must tell you that this does not work again on Facebook. You know, Facebook changes their rules regularly. If you engage in this mass daily friend request, Facebook will ban your account.

Step 16: Pay your tithe/charity always. If you don't believe in the power of tithe or charity giving, you must be missing something very vital. It works for real. The truth is that there are certain things you do not have control over them. These are areas where your investment in tithe or charity works for you. Whether you are a christian or a moslem, it is very important you observe this step.
The moment you start earning income from your effort, you must start paying your tithe or giving to charity. If you don't know, the law of giving back is one of the universal laws of financial success. It is something that has been tested and proven time and time again. Therefore, don't ever overlook this step in your effort to make more money in life.

I do internet network marketing as well as promote network marketing related affiliate products. It is interesting to know that you can be generating your network marketing leads through online marketing strategies and follow up to either sign them up or sell a product to them. Isn't it interesting?

Step #15: Focus on Your Strength and Improve on Your Weaknesses Through Constant Personal Development
Friends, It has been a very busy moment for me. Truly, entrepreneurship is an interesting thing to engage in. I have been engaged in the ongoing Lagos Int'l Trade Fair as the sales team lead for my employer. Buddy, from what I'm seeing both from our nationals and foreigners, especially Chinese, there is joy in entrepreneurial creativity. Moreso, there is real fun in competition. If you have got an entrepreneurial spirit and you find yourself in a gathering of entrepreneurs like in a fair, you will see that there is a need for you to be at your best in whatever you are doing less competition will place you where you belong.
How can you be at your best in your game? By focusing on your strength. I always tell people to focus on what they are most passionate about or your natural ability. Keep improving on this area of your life so that you can get more result. As a person, I noticed that I am passionate about reading, writing and coaching hence I sticked to this part of me. To be at my best, I know I need to be a good salesman, hence I took a job of a sales execute where I have risen to the height of a sales manager. Again, to enhance my coaching and people skill, I got involved in network marketing.
You may ask, why all these hecks? It is because the sum of all these will make me the person I need to be to get to my dream - a top professional speaker and a renowned author. I must tell you that if you study the lives of great men and women, they went through several stages in their lives before hitting their target - their set goal in life. Therefore, I can confidently tell you; if you want to get more result in life, focus more on your strength while you improve on your weakness. Also delegate those task that are not within your core expertise so that you can spare up more time to engage in your core area of expertise. This enhances your productivity greatly.

Step #14: Sell More Values than You Buy.

Hello friend, I'm excited to share my thoughts with you again. It's been a while and I must tell you that I'm most inspired doing what I'm doing. In the course of these days, I listened to Bishop David Oyedepo's lecture on The Platform 2010. It was fully of inspiration and knowledge. They major point in the lecture is that who you are or where you live does not determine who you will be rather the amount of inspired knowledge you are acquiring which can empower you to become a success story. He strongly posited that knowledge brings insight, while understanding the knowledge and applying it positively, empowers you and distinguishes you from others. Therefore, I hereby challenge you; if you want to earn more money...if you want to be accorded a higher responsibility, you have to increase your value by acquiring more knowledge and applying them positively to solve human problems around you. I must tell you that prosperity is created by solving problems or adding value, period!

Let's discuss today's topic which is; sell more values than you buy. I must tell you that I've not absolutely achieved this but it is a work in progress for me. The most important thing is that I have the knowledge and I'm working towards making it a constant thing in my life. Having said that, what do I mean by selling more values than you are buying? Let me start the explanation by saying that values offered by different products and services are what we are paying for when we buy them. I bought a Techno N7 android instead of a Samsung Galaxy 3 because I know that both have exactly the same features and are offering the same functions but come at different price tags. To me, I paid for Techno for two reasons; it is offering me more values than I am paying and I'm conscious of the financial responsibilities before me because I spend by budget. Whatever you are paying for, you are doing so because you feel the price is right for the value you are getting from it. This is why I always say that true money is not the paper money - cash or fiat money; rather it is in the value offered by a product/service which we use cash to represent as a means of exchange of value. If you understand this, your perception about money and how to pursue it must change. You'll focus more on creating values than chasing after money.
If you understand the above premise, you will be able to understand that you should be selling more values than you are buying if you want to be making more money. On this series, I have said that we should be spending by budget. Also, I have said that we should learn how to sell. Now, I say sell more values than you buy. If you learn to be identifying the human needs or problems around you and start learning how to offer solutions to them as well as how to make them perceive your solution as the right solution, they will naturally continue to pay you money as long as your solutions are serving their needs. For instance, if your employer is getting more values from your service, you will be getting more promotions. If the job interviewing panel sees more values that can deliver in you than they see in the other applicants, you will for sure get the job offer. Similarly, if you find a way to make people save more money in form of living cost or how to make more money with ease, your valuable product or service will continue to sell if you know how to make it have higher perceived value than competition.
Now, financial intelligence tells us to earn more money than we spend less we go broke. Therefore, if you want to achieve financial freedom, you should learn to reduce your expenses or you increase your income. Robert Kiyosaki on his part said, it is not the best kind of life to live below your means rather the best thing is to increase your means and live your dream lifestyle. By increasing your means, what he is saying is that you should start to sell more values so that you can earn more income than you would want to expend. How can you sell more values? Start by adding more values to yourself by reading books on areas that you have observed you are having gap in your life. Listen to audios that can help you close such identified gaps. Also, pay for courses that can help you as well as get a mentor that can guide you on the journey. When you have been empowered, you'll be able to be identifying as many human problems as possible, be proving valuable solutions to them and be building business systems that will sustain and market your values. These systems will continue to pump money into your bank account as long as they are sustained.
Before I close, let me give you a typical example. I have discovered that there is a big gap in the level of knowledge Nigerian youths has about money and how to make it. This discovery I made because I was once a victim of the same money mindset. Thus I went into research. In the course of my research, I discovered a solution and I started applying it in my life. I saw result in my life. This same result I turned into a valuable product called "The Secret of Abundant Living Reloaded." Part of this, I have in a DVD product but the intensive product I have in my one on one mentoring program called; The Ultimate Wealth Creation Mentoring Program Inside Circle. This program I'm seriously promoting through my business; SuccessPlus Services. You can test our free version; The Ultimate Wealth Creation Mentoring Program; http://successplusteam.com/uwcmp1/ The truth is that you can do the same as I did if you want to. It's just in your hand and the choice is yours. Till I come your way next time, I challenge you to start taking action and I shall see you at the top!

Step #13: Learn How to Sell
Important announcement for your attention! - For those of you who would seriously want to be taking action for their financial breakthrough, I am presenting to you my proven business system that is working for me which you can also leverage on to start creating wealth for yourself. Visit http://successplusteam.com/the-unemployed-millionaire.pdf/
Now, let's discuss the topic for today; learn how to sell. According to Robert Kiyosaki, selling is the secret to success in life. True! If you doubt it, I encourage you to profile the lives of successful people that you know and you'll see that they are all great salesmen. To make this task clearer for you, I need to give you my definition of selling - clear communication of your values such that the prospects will see the benefits of your valuables to them. If this is not done, you will not be able to attract their attention. In my perspective, selling includes your ability to persuade your friends to believe your ideas.
As an entrepreneur or an aspiring one, selling will only be meaningful to your bottomline when it is bringing in money. How can you be good in selling? Simple! Take a course on it and start practicing. The truth is that there is no other way to perfect it than by practicing as a sales person. Your easiest approach is to join a network marketing business. In this industry, you'll be exposed to mindset building, consistent personal development, and ability to overcome your fears as well as handle rejections. These are key to selling.
Friend, I know that you're aware that if you have a great product and you don't know how to make people to exchange it for money; your great product does not have any economic value. So, selling is key in your entrepreneurial journey. I recommend you identify a good network marketing company today and join so that you will start building yourself for financial freedom. You may want to work with me in the network marketing company that I am leveraging to build a business for myself. Kindly visit http://successplusteam.com/flipping4profit/ to learn more about it.
Till I come your way next time, I challenge you to take action and I shall meet you at the top!See More

Step #12: Get a Mentor.

Another surefire guaranteed step to your financial prosperity is to get a mentor. It is important I ask; who is a mentor? In my opinion, a mentor is somebody who has successfully achieved what you dream to achieve, whom you have adopted to be guiding you through as you strive to achieve your set goal in a similar endeavor. There are many ways you can adopt a mentor. These are some of the ways I have used;
1. Approach the person and inform him/her of your dreams and your desire to have him/her as your mentor. Warning: You may be turned down especially when your physical appearance does not look presentable. Again, your carriage (charisma and composure) will affect how this approach can work for you. Very importantly, the timing; that's occasion you meet and propose to your prospective mentor will determine the answer you will get. For me, I first understudy the person to learn his likes and likes not, then I try to alien myself appropriately then I visit the person in his/her office to declare my ambition.
2. If the person is a life coach or has any kind of business, try to participate in it. For me, I attended a three months paid course organized by one of my mentor (then, a proposed mentor) and that made it smooth for me to approach him for mentoring.
3. Subscribe to the person's newsletter. You may not have a direct one on one contact with the person rather you can be receiving newsletters from the person by subscribing to his/her newsletter updates through the person's blog/website. Follow the person on the social media networks such as Facebook, Twitter, LinkedIn and YouTube. Example of this is my free mentoring program, The Ultimate Wealth Creation Mentoring Program. You can subscribe here; http://successplusteam.com/uwcmp1/
4. Buy and read the person's books.(Also, audio courses produced by the person). You will learn a lot about this person and what have worked for him/her by reading his/her books and listening to his/her audios. A lot of great entrepreneurs, especially westerners, have written books on their success blueprints. For me, I have gained a lot from this approach. Robert Kiyosaki is one of my personal finance/financial intelligence mentors by virtue of reading his books, subscribing to his newsletters and paying for his online "RichDad Coaching Program".
There are other ways but these are what I have used and they worked for me.

Why do you need a mentor? It is said that the difference between talented people and champions is that champions have a mentor/coach. When you have a mentor, you save yourself a lot of mistakes and waste of time/energy/money. Is it not better to leverage on someone else 10 years experiences of failures and successes in a particular endeavor by adopting him/her as a mentor and allowing the person to guide you through the journey than you going alone and making same or worse mistakes than the person did? Let me share one of my examples. On two different occasions, I organized seminars in which I spent average of N50,000 each but got next to nothing from these programs. I felt demoralized and thought of quitting. But on a second thought, I sought for a mentor who have been organizing successful seminars and smiling to the bank from them. On our first one on one session, he advised me to first build my profile by writing articles, contributing on forums and social media platforms so that I can position myself as an authority that attracts fellowship. Then, I can launch an offline seminar program based on the specific needs of my market. The result of that recommendation gave birth to one of my Facebook platforms, The Next Entrepreneur Titan Challenge.
I want to believe that you have seen why getting a mentor is very important in your journey to success in life. Now, it is left for you to go out there and get a mentor for yourself. It is pertinent that I remind you again that you can plug in to my online mentoring program. To leverage on me, visit http://successplusteam.com/uwcmp1/ and subscribe immediately and I shall meet you at the top.

Step #11: Practice What You Learn

"Ideas without action is still birth" - Jim Rohn
The key word for consistent high performance is Practice! Practice! Practice! Without action nothing happens. This is why the Bible in the book of James states; faith without good work is dead. Let me tell you, I have missed a lot of money as a result of not taking action. There are so many wonderful ideas that I never take any action on and I didn't get any result from them....
One thing that has stopped so many people from taking action is procrastination. This is the process of delaying from taking action with mere reasons that do not hold water. I have fallen victim to this and I am still falling victim to it. But I have a strategy that I am using to overcome it and avoid losing opportunities to procrastination. I have a pocket size jotter that I use to record my daily list of 'to-do' activities. What I do is that, in the morning I’ll make a list of my to do activities and assign the time period I should execute each of the items. This forms my guide for the day. This jotter is always in my back pocket and I review it occasionally. At the end of the day, I also review it to know those items I was able to accomplish, those I could not and those that I need to reschedule for the next day. I’ve also learned not to be over scheduling so that I don't face the temptation of multi-tasking. Moreover, when you schedule more than you can do, it can be depressing when you find out at the end of the day that you just did a few.

Another thing that has stopped so many people from taking action is fear. The truth is that we all have fear in us but the ability to control it is what distinguishes some people from the other. To properly manage your fear and achieve more, you need to be indulging in a lot of mindset building. This is because fear has to do with the mindset. What you believe is what works for you. If you believe that you cannot make it in 2013, you will not make it. If you believe otherwise, you will be at a better position to make it. One great way to overcome fear is personal development. You know that knowledge is power. When you are knowledgeable, you will be equipped to take action. Knowledge will spur you to take action and consistent action taking brings confidence and confidence leads to competence which produces the champion in you. So, what is stopping you from facing your fears? Practically, it is YOU! The ‘You’ in you.

Friend, one important fact you must know is that when you are committed to living your life purpose, you will be challenged to do more in life. So, it begins with defining your life purpose, visualizing and believing in it. If you do, you will consistently be accomplishing more things in your life. Before I come your way next time, I challenge you to start taking action on every single thing we have discussed in this series since two weeks ago and watch positive results start pouring your was.

$wtme:
Niz article I must confess, I need a financial advice but can't post it here,is there any social network I can reach u on or can u refer me 2 someone else?

$wtme, I will be glad to help you. You can connect with me on https://www.facebook.com/udembaozoh.uche or you can call me on 08063768873. Looking forward to hear from you.

Step #10: Listen to Mindset Building Message Everyday.

I attach so much importance to personal development. This is because your income is directly proportional to the level of value that you are offering. And the level of value you can offer is determined by the level of your personal development because nobody can give what he/she does not have. You may be asking; how do I add more value to my life? It's simple! By learning...just follow knowledge like a sinking ship. (Laughter) I am just exaggerating there. I think I should draw your mind to Jim Rohn's quote again; "Everything you want is within reach. It's within reach in reading or listening." Therefore, I say you can get everything you want by listening...to valuable audios, to mentors, to facilitators in courses etc. For the seek of this discussion, I shall be focusing on listening to audios.

What kind of audios am I talking about?
There are inspirational talks in audios all over us. It could be spiritual, business, self help, finance, relationship, selling etc. Just listen to any of them that can attend to your problem at every specific time. I recommend that you listen to one per week. This is very easy. I would have recommended one per day and I believe you can do this. How, you may ask? Download them in your phone and listen to them while you are in the vehicle going to work or coming back from work every morning/evening respectively. If you do this consistently for one year, your mindset will be greatly impacted and that will affect your personal values and productivity.
One important thing to note is that you have to apply the knowledge taught in the audios. This is the only way that it can make meaning to your life. I encourage you to concentrate while listening to the audios and meditate on them. Try to connect them to your life so that you can see how they can affect your behavior positively. By so doing, you can have a key learning which you must transform to behavior immediately. What I am telling you is what I do. Let me give you an example, I was listening to Jim Rohn's Achieving Greatness in Life audio series and he taught about being a student of life. He said that you should be open to learning always, observing things that happen to us and around us so that you can question why they are happening they way they do. There was this hard one he recommended. He said, you should learn to turn FRUSTRATION to FASCINATION. This is a difficult one but very helpful. Let me explain this better. When you are going through a frustration, he recommended that you shouldn't put up a worrying attitude rather you should observe the situation with excitement so that you can understand why the frustration, discover what is not working so that you can correct it and get yourself out of the frustration quickly. That's POWERFUL, isn't it?
How have I applied this? Here is one of my stories. I bought a galaxy android phone and I was so much attached to it - If I was not on the internet always, I will be listening to an audio or I will be reading an eBook. Just six days after I bought it, I was at Obalende (Lagos) bus-stop in the night after the day's work waiting for a vehicle. There were no vehicles and the commuters were much, so I resorted to listening to an audio so that I can utilize the time positively. I was holding the phone in my hand and I didn't know that a pick-pocket guy was targeting me. So, when a bus came around, I put the phone in my pocket to rush for the bus and this pick-pocket guy snatched my six days old galaxy at that moment. It was fatal for me to bear but at that moment, the thought of observing frustration to fascination came to mind. Gradually, I stabilize myself and I resorted to learning what I did wrong that made me to attract the pick-pocket guy as well as how to avoid subsequent occurrence. To be frank, I learned from the scenario and I came out a better person. Six months later, I replaced the phone and I am much careful on how I am using it now. Moreover, it has become an experience that I can use when teaching my students. Can you see how to apply this? Although, I must tell you that it doesn't work every time but you can learn to make it work.
Finally, I must tell you that there are a lot of audio books that you can get online. There are free and paid versions. Just google any topic that you want to learn more about. For instance, you can type into Google search the phrase "Mindset mastery free audio book" and search. You need to enclose the phrase with quotation marks. This will help you get a more precise result. From the results, you can download some that appeal your interest. Save them in your smartphone and listen everyday. Till I come your way next time, I challenge you to go take action immediately and I shall meet you at the top!

kentochi: Thanks for this sir am looking forward to learn more from you.

You're welcome dear.

Strategy #9: Read One Personal Growth Book Every Month.

Jim Rohn, one of my role models said, "Everything you want in life is within reach. It is within reach in reading or listening." As an avid reader, I believe him 100%. I am talking from personal experience, 40% of what I know today that is making me money are ideas that I learned from books I read. The fact is that life becomes easier when you learn to read books. For instance, somebody had a challenge in life but didn't give up. For 7 years, he was struggling looking for a legitimate solution to his problem. And finally, he got it and recorded a resounding breakthrough in life in the eighth year. Then, he wrote a book in which he shared his experience and how he was able to achieve his breakthrough in life. If you happen to be facing similar challenge he faced some years ago, wouldn't it be wise to pick his book and leverage on his experiences to save yourself a lot of pain, agony, time and money. I believe you can get the picture clear.

Friend, every challenge, problem or issue you are facing now, there is a book out there that can help you come out of better and faster. Go get it, read it with all attention and implement the key learning. And you leave will never remain at the same spot. Personally, I have a goal to read 14 book in 2013, at least one per month and two in two of the months. I have broken them down according to the areas of my life that I need to work on so that I can achieve my 2013 set goals. And most importantly, that I can get closer to my life purpose of becoming a renowned public speaker and a bestselling author who is helping other people to discover their dreams by adding more values to their lives so that they can offer more values to their society thereby creating wealth for themselves.

I believe you have heard it that readers are leaders. If you want to be great in life, start reading books and other valuable materials today. Begin today to inculcate the habit of reading. For every problem you come in contact with, kindly look for a good book written by a good author who is an authority in that area of life and read. If you think that what I am telling you is wrong, I challenge you to check the lives of self made successful entrepreneur you know. Find out if they are habitual readers or not. I bet you that they are. The truth is that success in life comes from within not from without. It is the inner being that determines what happen to the outer being. Your content and ingenuity determines how you react or respond to the events/situations that you come across in life. I remember when I organized a seminar in January in which I spent about N50000 for logistics. I was hoping to get about 100 attendance but only 5 showed up and I didn't make a dime from the event. Do you know what I did? I packaged myself together, consulted my mentor who advised me to focus on building my brand via the internet media and other people's platform. He strongly recommended that I read more books as well as listen to audios. These he said will help in building my mindset and ability which will in turn fill my bank account with time. This was one of the best pieces of advice I have got this year. And I giving you the same, if you want to go far in life, if you want to be successful and renowned in life, start today to read great books. I recommend that you get Dr. Sunny Obazu-Ojeagbase's HOW TO MAKE IT IN NIGERIA BUILDING YOUR WEALTH FROM GROUND FLOOR UP.

Step #8. Always pay yourself first.

Hi friends, it looked like my mind went on Sallah holidays. True! Because through out the hols, I wasn't in the mood to write anything. Nevertheless, the holidays are over and we are back to working mood, myself inclusive. Today, we shall be talking about step#8 which is pay yourself first. As simple as this may sound, a lot of people are not doing it. Let me ask you, how much of your daily/weekly/monthly income do you pay to yourself consistently? I guess a lot of people will start staring at me as an insane person. As in, how do I mean; when I spend all my income to take care of my needs and that of family? I tell you this for free, you're only paying other people who are attending to your respective needs with their valuable products and services - Your landlord, grocery store owners, food canteen owner, petroleum station owners etc. The only money that you truly paid yourself is the money you invested in acquiring an asset such as real estate, paper investment, starting a business, creating an intellectual property or in building your network marketing business. How do you mean, Uche? I can hear you ask. This is because by investing your money in acquiring an asset, you have sent your money on a productive errand - to work for you and yield you income - either passive or active.
Therefore, if you want to be rich...if you desire financial freedom, you must form the habit of investing at least 10% of your monthly income in asset acqusition consistently. For further knowledge, kindly read my article here; http://successplusteam.com/how-to-mind-your-business-so-as-to-get-rich-faster/

Step 7: Spend by budget.
Last time, we talked about not working for money but making money work for you. This simply means building assets which pay your passive income. One of the most common push back I have seen people give when I talk about the importance of assets acquisition is; I'm not making enough money. My question has always being; how much is enough money? Certainly, there is hardly anything like enough money except you are financially free.
So, how can you have enough money to buy assets every month? The simple answer is by spending on a budget. A budget is a financial statement of your cash flow in terms of your income and your expenses. This document is your guide for your expenditure. In many occasion, I have noticed that I have pledged more money than I can accommodate in my paycheck. This is a symptom of not spending by budget. Again, most times I noticed that I have unconsciously spent all the money in my back pocket, and at that point I will start cracking my brain to figure out how I spent money. Sometimes, I may be wondering if I have lost some money. These are symptoms of spending without budget.
When I realized the importance of spending on a budget and disciplining myself to stick to the budget made, I began making conscientious effort to develop the habit.
How does spending on budget got to do with your making more money? The fact is that every self made rich person knows the importance of spending on a budget. For them, they know that every money that goes out of their hand must be accounted for. They know that money is an agent that has to be sent on an errand - to generate more money. Therefore, the make provision for at least 10% of their income for the purpose of buying assets which generate money money for them. It is said that the rich make a budget before the money gets into there hand and they spend it according to plan. But, the poor and the middle class first spend their money before they begin to make a budget. For instance, when you visit that your financially intelligent wealth-conscious uncle of yours to ask for money, his response is always, there is no money. He is actually telling you the truth because he does not have you in his budget for that month. In the order hand, the middle class guy's spending is based on emotion. Hence, he usually spend more and find it difficult to set aside anything for investment.
How can you control this disease?
Read books on budgeting and personal finance. Take a course on personal finance. Get a personal finance coach. Join a good cooperative society. Discuss and agree with your spouse. You need to be financially disciplined. It is important I tell you that it is not an automatic thing.It will you some period of continuous practice to enable you stick to it.
Till I come your way again tomorrow, start your learn curve. Get a good and start reading it. I recommend Robert Kiyosaki's Rich Dad, Poor Dad, Cash Flow Quadrant and Rich Dad's Guide on investment.

Step #6: Make Money Work for You Not You Working for Money.
"Entrepreneurs who develop their Midas Touch do not work for money. They work to create or acquire assets. Focus on assets." - Donald J. Trump
Friends, I'll be brief in explaining this point. If you're living 100% on active income without any passive income stream in your life, you're sitting on a keg of gun powder. If you're living on active income alone, you're like a bucket carrier - I guess you understand that? For the sake of those who have not heard of the parable of the bucket and the pipe, let me explain that. If you're to make water available in your house/apartment, would you prefer to be fetching it with a bucket from the borehole situated at the end of your street or running a pipeline all the way from the borehole to youe house/apartment? I believe you'll go for the pipeline, isn't it? The irony is that many of us are going for the bucket approach in their cash flow management. Depending on active income is like carrying bucket. You work and you are paid based on the manhour you put in. But, living on passove income is earning from your pipeline.
So how do you build a money pipeline for yourself - pipeline that you worked hard once to build and it'll continue to pump money into your bank account? Learn how to make money work for you not you working for money. Making money work for you means acquiring assets that go to work for you and bring in passive income for you. It could be building a business - either from scratch, buying a franchise right or buying into a network marketing company to build a business for yourself. It could be buying real estate or investing in paper investments. Whichever, ensure that a certain percentage of your monthly active income is channelled towards building your money pipeline. Be consistent in doing this until your pipeline is running out enough passive income that can surpass your living expenses. Then, we say you're financially free.
If this post inspires you, I encourage you to download my FREE special report: THE UNEMPLOYED MILLIONAIRE: How to Turn $100 to a Constantly Paying Global Real Estate Asset in a Record Time Through the Power of Leverage. Visit http://successplusteam.com/building-a-solid-real-estate-asset/ to get your free copy.

bizngr: Wow! This is incredible. So glad a Nigerian retail won the award. Who says something good can't still come out of this country should think again! Congratulations guys.
Read the full story here. http://www.bizngr.com/entrepreneurs/jumia-won-world-retail-award-becomes-first-african-company-win-award/

The rest of us, let's keep trying. Our hustle will pay off soon.

Sure! Focus does it. Anybody that thinks that there is no potentials for great wealth creation here in Nigeria should think again. As much as our problems are, so are the opportunitoes for wealth creation.
It must not be big, you can start small. Currently, I'm working on something that will help the numerois struggling network marketers in Nigeria to improve in their business faster.

I have been so busy that I lost focus on this thread. Just like me, do you use to lose focus? We all do but successful people have a way of checking themselves from detrailing so long. They have a dream book where the write down every of their goals and action plans. This they review daily to keep themselves focus.
So you want to be successful? Do you have a dream book? Do you review yours daily? Becoming successful is simply study and application of the obvious. Follow the success principles and you will be successful too.

People say that investing is risky but I've discovered that what is really risky are the person investing and his plan. Investing is not risky and what you need to remove the risk is education.
Decide on your plan and start educating yourself on it. For me, my investment plan is building businesses first. And moving to real estate second. I'm leveraging on the network marketing system to build solid global business and live is good. The most interesting thing is that I'm doing that alongside my full time job without each distirbing the other. It may interest you to know that I'm out to show just 4 persons who sincerely want to make it via network marketing how I'm earning constantly in dollars through this system. Visit http://successplusteam.com/the-unemployed-millionaire.pdf/ to download my free special report.

Wonderful...Friends, what it takes to start making money are first to increase your value, second solve other people's problems with your values and finally sustain your values.
That's what Excelsiofarms is doing with this thread. Nairalanders! Success is just the study and application of the obvious so anybody who does that can be successful.
Well done Excelsiorfarms.

Step #5: Get Financially Intelligent.

Friend, how did you spend your time today? I believed you engaged in activities that are taking you closer to your life purpose? It'll be very interesting if you'll share one key thing you did today that you can consider to have taken you closer to your life purpose. For me, I attended a business class today where the facilitator enhanced my knowledge on Intellectual Property management. Also, I spent some exciting time with my wife and daughter. And, I'm posting this content here to help you add more values to your life so that you can become a better person who is making more money as you may desire.
Now that you're desiring to make more money in your life, one important question you should ask yourself now is, how am I spending my money? I mean, how do you spend the money that are getting into your hand now? Your answer to this question will determine how wealthy you'll be in life.
I don't know if you've heard the word; financial literacy or financial intelligence before? If you've, what does it mean to you? Let me give you one secret. If you must be rich and wealthy, you must understand financial intelligence. This is because, it's the knowledge that makes the rich richer, the poor poorer and the middle class struggling all their lives for money. Financial intelligence is that part of our intelligence that is used in solving money problems. It's is how we perceive money, how we make it, how we manage it and how we can make it work for us.
Financial intelligence rule #1 states; know the difference between assets and liabilities, and consciously go for assets. What is an asset and a liability. Financial intelligence definition of asset is anything that puts money in your pocket or bank account while liability is anything that takes money from your pocket or bank account. One quick one, if you build a house that accommodates only you and your family which does not generate any rent, it is a liability. Don't forget, the definition says anything that puts money in your pocket/account. In this context, you're spending from your pocket to maintain this building - electricity bill, water bill, sewage disposal, landlord association fees, property tax, wear and tear etc. Another important one is that you should learn to be minding your business early in life - learn to mind your asset column. What are you investing your money on? There are 5 key ways to build your asset. They are; real estate, paper investment, automated business, intellectual property and network marketing. One common thing among all them is that they all pay passive/residual income, that is, a kind of income that you worked once to build a system(asset) and the system will continue to pay you all your life. Real estate pays rent and appreciation, paper investment pays dividend, interest and appreciation, automated business pays director's bonus and interest, intellectual property pays royalty while network marketing pays bonuses and reward. Among the five, the first three require a very huge capital for you to attain FINANCIAL FREEDOM and they are highly risky, the fourth requires a special talent, skills and luck while the last; NETWORK MARKETING requires little capital, best support system and low risk.
You may be asking; what is financial freedom? It's when your passive income has exceeded your living expenses. If you require N1m monthly to enjoy the kind of life style that you and your family desire and all your assets are paying N1.1m monthly, you're financially free. You'll recognize that passive income is very vital for financial freedom. Therefore, if you desire financial freedom, you must learn to think less of earned income; that is, living by paycheck. This brings us to another tenet of financial intelligence. Learn not to work for money rather make money to work for you. Let me be practical. Currently, I'm working for a company where the owners of the business are not working in the business again. They have employed smart guys like me and my colleagues to be working to sustain the business and they reward us with a paycheck for the man-hour/expertise we are contributing to the business. As a Sales Manager, what I earn monthly is like 2% of what myself and my team turn over monthly. But the owners of the business who has done the initial hard work of starting and building this business to stability are enjoying financial freedom from the proceeds of the business, sustained by the middle class job owners who live by paycheck. There is nothing bad in earning a paycheck but while it lasts, pay at least 10% of your monthly earnings to yourself specifically for asset buying. This can only be positive if you'll be spending by budget.
You may be looking at this as something that you'll start doing when you start earning big paycheck but that's where the problem lies. If you can't save N1000 in a kind of account known as investment savings account or Escrow account, you cannot save N1000 when you start earning N1m in paycheck. You can start by investing in yourself. Buy nice books and read, attend valuable seminars/courses, join a good mastermind group, , and get a mentor, example Ultimate Creation Mentoring Program. These will guide you in preparing yourself for the bigger leagues.

millhouse: where is d link

Millhouse, the link is http://www.successplusteam.com/uwcmp1/