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Monday 18 July 2016

Becoming Rich

Your boss pays you N30,000 per month.
Now let's assume that you decided to save all without touching a dime, it would take you 36 months to make N1million. (Did I hear you say 3years?) Absolutely!

In the other hand, if you can convince an organisation like Dangote Group To print and supply 5000 umbrellas to them (to be used as souvenirs) and you make just N200 profit per umbrella, in just one day you must have made N1million.

What about becoming a billionaire, that is where it gets crazy!

Now let's increase your pay to N1,000,000 per month and you decide to save all without touching a dime. In a year, you must have saved N12million. It would take about 84years before you can make N1billion. (Please subtract your current age).

In the other hand, Nigeria has a population of about 200 million people, If you can supply salt to just 12million people once in a month and you make just N200 from each person supplied, in one year, you must have made N2.9billion.

This shows that to become rich, you have to stop talking to bosses and start talking to clients.

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