Nuggets Of Financial Education | Financial Intelligence | Poko Virtuous


According to the National Bureau of Statistics over 120m Nigerians live below the poverty line.

Famous Nigerian Blogger and Financial knowledge activist, Poko Virtuous shares insights on how to become rich and gain freedom from financial bondage.


"The man who gets the most satisfactory result is…the man who can best coordinate the brains…"
- W. Alton Jones

What a sad reality that over 120m Nigerians live below the poverty line ($1) - but everyone can become a millionaire. The earth is an ocean of wealth, but the majority of people (esp. Nigerians) have failed to understand the rules of the game to financial freedom. Well, like I always say, '…It's not rocket science'! join me as we soar high.

• It's All About Popularity.

You may have heard some life-coaches tell you, 'follow your desires if you want to become rich' - but how true is it?…
You must understand that, it is the services you render to people for which they pay you that makes you wealthy.

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The earth is an ocean of wealth
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Say you desire crab, but the majority of people (90%) there likes shrimp. Do you think selling crab over there is the best bet to make wealth?… You get it, right?

• It's All About Targeted Marketing.

If you can find a niche to leverage on; you'll always smile to the bank. Having stated that you'll want to go for what is popular - it has to be one - the next stage will be to know their location. Knowing the hub of your craft is the easiest way to make sales.
Say the government of your state built a big factory that is to employ over 1m workers, but houses available for rent over there is just a thousand - as an enterpreneur (property developer) your good bet to wealth creation would be


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Understanding the hub of your craft is the easiest way to make sales
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to build some houses there, and what do you think will happen? - they will of necessity rent it, and that would mean a huge rental income. That is the reward of targeted marketing.


• It's All About Recruiting More Workers.

Biblical Patriarch, Abraham understands the principle for a meteoric rise to wealth acquisition - do you know what he did? - I'll tell you.
He had over 400 servants that were working in his company, and that made him wealthy. If you want to gain financial freedom you'll want to hire more workers - the more your workers; the more your revenue. If a single worker produces $100 profit for you monthly, and you have 500 workers that's a whooping $50,000. You'll be wise to increase your workforce.

Summary:

Financial freedom is not the result of having brilliant ideas, talents or skills, but understanding its rules: Popularity, Targeted marketing and Recruiting more workers.

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