SEMINAR RECAP ON THE TREASURED ENTREPRENEURS ASSOCIATION TEA HALL OF WEALTH MEMBERSHIP & PREMIUM GROUP…
👉🏻Theme:
❤ How To Become A Self Made Millionaire In 5 Years Without Spending Money
🎤SPEAKER/FACILITATOR/DISCUSSANT
🗣Mr Asuni Adeshola
TEA NATIONAL PROJECT DIRECTOR….
MD/C.E.O TEA PUBLISHERS SERVICES
MD/C.E.O TEA FARMS & FOODS SERVICES…
Good evening my esteemed members of the treasured entrepreneurs
How has your day been my people???
Great I guess???
If so!! Glory be to God Almighty….
Hope we all are staying SAFE oooo
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You are all welcome to our seminar for tonight..
Let’s set the ball rolling⚽⚽⚽
You ‘re broke but you want to be a MILLIONAIRE?? If YES, then here’s how in 5 years to become a self-made millionaire starting with no money or experience.
Everybody wants to be wealthy and to be able to fulfill all their life needs. There’s a lot of struggle on this, but only a few are actually getting there. People lament that they have done everything humanly possible but nothing seems to work, and they end up thinking that millionaires are not born made. But research has shown that about 80 percent of people who have a net worth of #1 million or more have done it without a trust fund or inheritance. This demonstrates that anyone can be a millionaire, only if they know how to do it.
There are different rules that govern money and you will never be wealthy if you don’t abide by those rules. Without money, it’s completely possible to become a millionaire in five years and this is how it can be made possible.
A Detailed Plan on How to Become a Self Made Millionaire in 5 Years With No Money
1. Put your skills to work
You have to learn to be imaginative if you want to become a self-made millionaire in a very short time. You need to know how to build what people can offer. You need to find something that meets a consumer’s need for an income that you can generate and sell. It could be crafts, cooking, cleaning, writing books, just about everything you ‘re talented in. You should dust-up those skills that you usually use back then to impress your mates and make a business out of it. Learn to be a service provider rather than a customer. A single millionaire is one maker. It’s only producers who get rich. They do so by always trying to fulfill people’s needs.If you’re a good marketer, you can start a retail company, if you’re good at wood, start searching for stuff to make and sell, if you love blogging, starting a blog or something; the trick is to deliver something people can pay for.
You should start on a small scale, because you don’t have the finances yet. Clean houses for your neighbors, refurbish and sell old furniture, become sales representatives for a business you like their stuff, etc. It will be the very first strategy when you expect to make it big in a moment.
2. Look for ways to improve yourself or your business
And maybe you took the advice and started a small company, the next thing you have to do is assess. Talk of opportunities to increase the money, and if you’re not able to make profits, talk about the causes to work out how to get the cents to come in. Sure, I tell cents, since the dollars are carried with them by the cents. Calculate your daily value, and find ways to increase the amount.
When you raise or earn between #5000 to #34000 a day, do try doubling it. Imagine, you would gain twice as much if you did half as much. What do you do to make your daily rate better? When you make 10 calls to sales a day, double the number of calls to 20.Find a way to maximize the performance while you are babysitting one child by opening up a day care for 50 kids. Obviously, it will be best to preserve or boost the standard of your work while you undertake these efforts.
Just look for new ways to increase your income whether it is in industry or at work. Think about ways to generate passive income that can help shore up your earnings if you have a paid employment. But you have to remember that, when you follow an aggressive saving strategy, the likelihood of becoming a millionaire in 5 years on a paying job is very slim.
3. Take big risks
Most people are afraid to take chances, they tend to remain in the safe position so as not to interrupt the bowl of milk. But, the fact here is that you would never become a millionaire without taking calculated risks. To more judiciously approach a risk, ask yourself two questions: “What is the worst thing that can happen if I take that risk? “Then ask yourself,” What could be the best thing that could happen? “Owning a million naira is no small feat, and even if it’s your last naira, you should be able to sacrifice anything to get there. There, the aim is to know which risk is worth taking and which one will end up in a catastrophe. But in the end , the best guide for you is your gut.
4. Be willing to Sacrifice
Getting wealthy comes with a great deal of effort. Whatever little capital you have, you ‘d sacrifice your time, family life, leisure time, holidays etc. If, at least for now, you ‘re not ready to live a life of sacrifice then forget to be a millionaire. You have to get poor before you become rich. This is an proven reality. There will be several times you’ll have to postpone gratification while concentrating on a bigger target that’s still worth it in the end. Learn to close your mind to gratification immediately, and focus on the larger picture.
Your business should always come first before anything else and any activity that even a single sale has to compromise should be shunned. Remember that 5 years is nearly around the corner, so you should make the most of every hour, minute, and second it offers.
5. You want to be rich? Move with the rich
That’s an proven fact of life. You can’t attract wealth by keeping poor people in company. All the misery and the urge to borrow do not work with your finances. And what about the factor of Inspiration? For poor people, it is almost nil. To build wealth, you need to know what people are doing, and follow their example. You need to start thinking, behaving, moving and reasoning like a wealthy person and you can’t learn any of these by hanging out with people who don’t give you the motivation you want. Instead than playing basketball or football with local kids in the evening, why don’t you go to a golf course and just watch, or visit luxury car dealerships.
In reality, you need to find ways to make millionaire friends and only through this platform the TREASURED ENTREPRENEURS ASSOCIATION that you can you do that.
There are a lot of people with MILLIONAIRE MINDSET & that are MILLIONAIRES on this platform…
6. Shift Focus from Spending to Investing
It’s not the wealthy who waste money; they save. We know that the Nigerian tax law favors expenditure over consumption. You are buying a house and you can not write it off. In comparison, the wealthy purchase an apartment building that creates cash flow, appreciates and provides and earn rents year after year for profit for business. You buy cars for comfort and style, the rich buy cars that are deductible because they are used to generate revenue for their companies. You have to make every naira coming into your till count. It has to be put into productive place somewhere. You never have to buy for pleasure but rather buy what is an absolute necessity of life.You need to draw up a plan which percentage of your profits you need to plow back into your business and which percentage you need to invest in others. If you want to make the 5 year mark, the plan is a must.
The genuinely rich never depend on one income flow. Instead, they establish a collection of revenue streams. In 5 years you may find it extremely difficult to become a millionaire with just one source of income. Look to and invest in viable sectors. Investing in real estate, stocks, technology; buying into business when you can afford it, going into shopping – only doing something extra. In the long run, these tiny sources of income tend to add up to a lot.
- Re-invest your income
The worst you can do in your drive to become a self-made millionaire is to spend your profits. All profits from your business must be re-invested back into the business in order to help your business grow. Forget the fast cars, smart suits, fine wine and all that goes with it. If your business grows to an extent, then you should start expanding. Make sure every little profit you earn from the business goes somewhere productive.
One other habit you need to ditch is the habit of saving money in the bank. Every money that you need to save has to go towards an investment no matter how small the cash or the investment. A man’s net worth is measured based on his assets and not cash at hand because cash is ephemeral. The net worth of a man is measured on the basis of his assets and not cash at hand, since cash is ephemeral.
9. Track your spending
You can never build wealth if there is more money left in your wallet than it is coming in. It is particularly true of a wage-earner who wants to become a millionaire. To make sure that you earn more than you spend, track your daily expenditures and let go of much unnecessary things. For starters, if you’re one who can’t afford your regular morning coffee, learn how to make yours or buy an efficient coffee maker to save up on the #1500 you spend each day on coffee.
10. Read
Reading is a affluent practice. It is through reading that you can leverage ideas from other people to develop your company. A lot of millionaires can confirm that the books they read made them what they are. And when making a habit of reading, dissect the fictions and go beyond with books on economics , business and motivation. Endavour to read every day for at least 30 minutes, and you can start waking up early so you can incorporate this habit into your routine.
11. Don’t aim for #1 million, aim for #10 million
You need to be motivated? That is it, though. Never aim for what you can achieve, seek what’s beyond your control. You ought to consider an important motivator when aspiring to be a millionaire, as it will dust up your analytical skills and put your brains to work. It would make you aim to own the company, instead of ending your life in retail or sales. Motivation is everything when you become a millionaire so you should never limit your abilities.
12. Get a mentor
In your journey in 5 years to become a millionaire, you really need someone to help you along the way. Your parents may be your greatest cheerleaders, but they might not be the best coach, because they do not have the values to provide you with. Look for someone who has already achieved the objectives that you want to achieve while searching for a mentor. That’s the perfect guy.
When you are about to become a millionaire in five years without money, look for a self-manufactured millionaire to lead you. He or she will be in the best place to educate you about the threats and benefits. You will also show the right people to do business, give them ideas about their finances, teach them how to take advantage of their problems, and tell them the most lucrative route in their millionsary quests etc.
In summary, when you are alone, these concepts will not take you anywhere, but if you can put them together, you are sure that in five years, you can achieve the millionaire goal. Second, you have to look for a benefit to bring to society, which is why people will buy from you.
Dust up your skills and create a service that can make money for you. You need to learn to reinvest, expand and move to other frontiers while you are earning yourself. Watch your crowd, track your spans, pick up other income methods, get a mentor, read and learn from other people and not just learn to save, but to invest.
Most of these are self-made tips swear by millionaires. It worked for you; it can work for you as well.
TREASURED ENTREPRENEUR ASSOCIATION 