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?)
On 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).
On 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.
Divide your SALARY by 30 days and see what you get (i.e. the number of days in a month and see the funny thing about your salary plan).
(1) An average level-12 worker in the state government civil service earns NGN 60,000.
** And this translates to NGN 60,000÷30= NGN 2,000 every day. This is LESS THAN the amount made daily by an AVERAGE HAWKER in the city.
(2) A freshly EMPLOYED GRADUATE BANKER in most NIGERIAN BANKS earns an average of NGN120,000 monthly.
***So everyday, you get NGN120,000÷30= NGN4,000 as the daily value for your work-life. By implication, this is LESS THAN the amount earned DAILY by an AVERAGE DRIVER in d city and in some villages…..
(3) If you are a FRESH GRADUATE EMPLOYEE in some oil companies, you earn an average of NGN300,000 monthly. So in a day your WORK-VALUE is NGN300,000 ÷ 30= NGN10,000
** This is LESS THAN the daily amount earned by an IRRIGATION FARMER supplying vegetables to Lagos MARKETS, a TIPPER CAR DRIVER supplying sand for three BLOCK INDUSTRIES and CONSTRUCTION SITES just 3 times a day and DRIVERS of DANGOTE TRUCKS who have bought off the trucks at scrap value and vare using them to convey products between villages and the cities for just five business owners.
———>>>HOPE BY NOW, IT IS SINKING IN, RIGHT?
And when there is an ISSUE in the FAMILY that requires FINANCIAL ASSISTANCE, the DRIVERS, HAWKERS and the rest are looking up to you with a WHITE COLLAR JOB.
(4) If you are an NYSC MEMBER, you DON’T need to be told that:
***NGN19,800÷30 = NGN 660 is your worth on a daily basis.
I hope you know that PURE WATER SELLERS who own a shop, a pepper soup joint and a small TOYOTA COROLLA car to distribute pure water to five restaurants earn MORE THAN you and WHEEL-BARROW PUSHERS working on contract for three warehouses probably make MORE MONEY than you EACH DAY…..
Wake up and be more productive. We should be more proactive, create room for more income and strive to diversify our streams of income.
The earlier you wake up and smell the coffee, the better for you……
Someone right now will say this analysis is too ideal to be true but take your time and do it, you will grasp the crux!!!
STOP waiting for the Government to feed you, feed yourself and help the Government feed others. That is where we are in this age….
I wish you an Entrepreneurial mindset…… Think ENTREPRENEUR, THINK PROPERENEUR.