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There is always heat after cold, winter after summer, day after night and reaping after sowing. It is natural that if you don’t sow, you cannot reap. The three stages of human life follow thus: childhood, youth and adulthood; the sowing time is the youthful time, and anyone who fails to sow in his youthful time, will be nothing but a parasite in his or her old age.
In this short article, the kind of sowing I want to talk about is investment. I have discovered that if you don’t invest, you won’t harvest. Before you invest, you must have vision. Vision is the driver of human life, propelled by determination; so any human who has no vision has no destination in life and so does not deserve to live.
Take action: Most people have vision but do not take action; if you have vision and don’t take action, your vision dies. Start working on your vision before it is too late. Taking action results in either success or failure; if it gives you failure, don’t stop. Stand again with courage and forge ahead with determination because success is not the absence of failure but the conquest of failure through persistent efforts in the direction of your dream.
Before a child stands and walks, the child must have fallen many times, but his ability to stand whenever he falls makes him walk successfully one day. In fact, I have discovered that failure is inevitable, check out the successful people around you: you will discover that they have failed many times, but because they refused to be held down by failure, they can count successes among their experiences. Wise people learn from failure. Every failure prepares them for a higher level of success and gives them a new experience of life.
Abraham Lincoln failed eleven times in his life, but finally became the president of America, and the greatest among all:
- In 1831, he failed in business
- 1832, defeated for legislature
- 1833, second failure in business
- 1836, suffered nervous breakdown
- 1838, defeated for speaker
- 1840, defeated for elector
- 1843, defeated for congress
- 1848, defeated for congress
- 1855, defeated for senate
- 1856, defeated for vice president
- 1858, defeated for senate
- 1860, elected president of the United State of America.
He persisted in his action and America and the world still stand up for him.
A rich person is not one who has a lot of money, but one who has vision, potential, ideas and needs the least. This means that a rich person is that man who needs only a little to start with and multiplies it as fast as possible. He does not spend more than he earns. Do not spend more than you earn, work on your expenses; avoid anything that will make you spend more than your income; learn how to say no to some things in other to avoid unnecessary spending.
Save: He that loves pleasure cannot save money, and he that loves wine shall be poor. Budget your expenses and be careful so that you don’t make unbudgeted expenses. Do not spend extravagantly. Do not be luxurious in attitude. If you must move money out, let it be for an investment, because investment makes people rich but expenses makes people poor. A person is not known by how much he or she spends but by how much he has invested, his or her worth in assets. If you are a salary earner, and do not have any other means of income, start saving at least 20 or 30% of your monthly income, and after a few months, you can start investing.
Invest: You can invest in stock (buying of shares) either from the primary offer or the secondary market, with a little capital. It is also wise to invest on land, and you can partner with professional businessmen and women and share the profit with them after sales. There are so many other ways to invest, but whichever way you choose, make sure you do invest.
The reason why you should invest is that you cannot maintain financial sustainability with a salary alone. With investment, you can become as rich as you want to become. Any salary earner will agree with me that, irrespective of how much you earn, you will still need to have another means of income to sustain yourself and the people around you. If you are a trader or want to become a trader, know this: the day that you start spending your capital, you will start to wind your business down. If you want to succeed in your business:
- Whatever happens, do not tamper with your capital.
- Do not borrow huge amounts of money you cannot pay back when due, because a debtor is a slave in the hands of his creditor.
- Develop and maintain strong and good business relationships
.
- Develop international business ideas.
- Do not eat all your profits, put some back into your business.
- Do not be late to your business; take it seriously because anything you don’t take seriously will not give good results.
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PRINCE C.J. BENJAMIN
Prince C.J. Benjamin is a 25 year old man from Abia state in Nigeria. He is into eradicating poverty and extreme hunger and combating cybercrime. He is the founder of the COALITION FOR ERADICATION OF POVERTY, an NGO.
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