28/08/2025
๐ ๐ก๐๐ฏ๐ โฆ๐๐๐๐ค, ๐ฐ๐ก๐๐ญ ๐๐ฎ๐ฌ๐ข๐ง๐๐ฌ๐ฌ ๐๐๐ง ๐ ๐๐จ ๐ฐ๐ข๐ญ๐ก ๐ข๐ญ ๐ฐ๐ก๐ข๐ฅ๐ ๐ค๐๐๐ฉ๐ข๐ง๐ ๐ฆ๐ฒ ๐-๐ ๐ฃ๐จ๐?
๐๐๐
A friend asked me a few days ago,
โ๐ ๐ก๐๐ฏ๐ โฆ๐๐๐,๐๐๐ ๐ซ๐ข๐ ๐ก๐ญ ๐ง๐จ๐ฐ, ๐ฐ๐ก๐๐ญ ๐๐ฎ๐ฌ๐ข๐ง๐๐ฌ๐ฌ ๐๐๐ง
๐ ๐๐จ ๐ญ๐ก๐๐ญ ๐ฐ๐ข๐ฅ๐ฅ ๐ฆ๐๐ค๐ ๐ฆ๐ ๐ฆ๐จ๐ง๐๐ฒ ๐ฉ๐๐ฌ๐ฌ๐ข๐ฏ๐๐ฅ๐ฒ ๐ฐ๐ก๐ข๐ฅ๐ ๐ค๐๐๐ฉ๐ข๐ง๐ ๐ฆ๐ฒ ๐ฃ๐จ๐?โ
Sounds like a solid question, right?
And yes, Iโll answer it. But before I do, let me address some very โ ๏ธ ๐๐๐๐ ๐๐๐๐๐๐๐๐๐ โ ๏ธ that need urgent attention.
๐ญ๐ฐ๐น๐บ๐ป๐ณ๐: ๐๐๐ ๐๐๐๐ ๐๐๐๐๐๐๐
๐๐จ๐๐จ๐๐ฒ ๐ข๐ฌ ๐๐ซ๐จ๐ค๐ ๐ฃ๐ฎ๐ฌ๐ญ ๐๐๐๐๐ฎ๐ฌ๐ ๐ญ๐ก๐๐ฒ ๐๐ข๐๐งโ๐ญ ๐ข๐ง๐ฏ๐๐ฌ๐ญ.
๐๐๐จ๐ฉ๐ฅ๐ ๐ซ๐๐ฆ๐๐ข๐ง ๐๐ซ๐จ๐ค๐ ๐๐๐๐๐ฎ๐ฌ๐ ๐จ๐ ๐ฉ๐จ๐จ๐ซ ๐ฆ๐จ๐ง๐๐ฒ ๐ฆ๐๐ง๐๐ ๐๐ฆ๐๐ง๐ญ.
If someone with poor money habits gets โฆ500k, theyโll lose it.
If they get โฆ500 million, theyโll still lose it, only on a bigger scale.
So the first real question isnโt โWhat business should I do?โ
Itโs โWho is the person holding this capital?โ
I've watched too many people get windfalls, salary increases, business profits, even lottery wins, make "smart" investments, enjoy success for a year or two, then somehow find themselves back at square one.
Why?
Because they never fixed their relationship with money.
Money is a receipt of its wielder.
Your bank account balance will always reflect your internal financial state, not your investment choices.
Think about it: if โฆ500 million landed in the hands of someone who can't manage โฆ50,000 properly, what do you think happens?
They might do well for a while with good investment advice, but eventually?
They'll return to their starting point because money has a way of flowing back to its comfort zone, which is the mind of its owner.
๐บ๐ฌ๐ช๐ถ๐ต๐ซ๐ณ๐: ๐๐๐ โ๐๐๐๐๐๐๐ ๐๐๐๐๐๐โ ๐๐๐
Letโs debunk this myth: ๐ญ๐ก๐๐ซ๐โ๐ฌ ๐ง๐จ ๐ฌ๐ฎ๐๐ก ๐ญ๐ก๐ข๐ง๐ ๐๐ฌ ๐ญ๐ซ๐ฎ๐ฅ๐ฒ ๐ฉ๐๐ฌ๐ฌ๐ข๐ฏ๐ ๐ข๐ง๐๐จ๐ฆ๐. None. Zero. Zilch.
What people call "passive income" is actually the result of systems that required massive amounts of time, energy, and resources to build.
That โrental propertyโ generating monthly income?
Someone had to:
- Research neighborhoods for months
- Navigate Lagos property laws
- Deal with difficult tenants
- Handle repairs and maintenance drama
Those โdividend stocksโ paying quarterly?
Someone had to:
- Study company reports until their eyes bled
- Understand market cycles and economic trends
- Monitor portfolio performance constantly
That "automated" online business?
Someone spent:
- Months learning digital marketing
- Countless hours creating content
- Years building systems and processes
The income becomes relatively passive only after you've invested heavily in building expertise and bulletproof systems.
Stop looking for passive income.
Start building active systems that eventually require less active management.
What exists are systems. Once built, they run with less of your daily involvement.
So the goal isnโt passive income. The goal is leverage.
๐ป๐ฏ๐ฐ๐น๐ซ๐ณ๐: ๐๐๐ ๐-๐๐๐๐ ๐๐๐๐๐๐๐๐๐:
Remember the Biblical story of the 7 years of abundance and 7 years of scarcity.
That story Ancient Egyptian King and Joseph, is one I love because of the principles.
Life operates in cycles, 7 years of abundance, 7 years of scarcity.
What you do during your 7 years of abundance determines how you thrive in the 7 years of scarcity.
Of course, you know these 7 years are figurative, for some it might be 20 years or so, and for others 2 years.
Most people upgrade their lifestyle every time their income increases.
New salary = new car. Business profit = bigger apartment. Windfall = expensive vacation.
Then, when tough times come (and they always come), they're devastated.
Smart people prepare. They build systems during good times that sustain them through any season.
๐๐๐ ๐๐๐๐ ๐๐๐๐๐๐๐๐: ๐๐๐ ๐๐๐ ๐๐๐?
Before asking "Where should I invest my money?" ask yourself:
- Do I have a budget and stick to it?
- Can I delay gratification for long-term goals?
- Do I understand the difference between assets and liabilities?
- Have I developed multiple streams of income?
- Do I save consistently, regardless of my income level?
- Can I make sound financial decisions under pressure?
- Emergency Fund Rules: Build 3-6 months of expenses before any investment conversation.
Keep it accessible, not in some investment you can't touch if your car breaks down.
- Multiple Income Streams: Your salary should never be your only source of income.
That's financial su***de in today's Nigerian economy.
- Debt Reality Check: Pay off high-interest debt before thinking about investments.
You can't be paying 30% interest on loans while chasing 15% investment returns and think you're winning.
๐๐๐๐ ๐๐ ๐๐๐ โฆ๐๐๐๐ - ๐๐ฒ๐ฟ๐ฒ'๐ ๐ช๐ต๐ฎ๐ ๐ ๐๐ฐ๐๐๐ฎ๐น๐น๐ ๐ฅ๐ฒ๐ฐ๐ผ๐บ๐บ๐ฒ๐ป๐ฑ
--> The Conservative Foundation Path:
โฆ200K in Treasury bills/mutual funds (your safety net)
โฆ200K in strategic land purchase (long-term appreciation)
โฆ100K for financial education + emergency fund
--> The Business Builder Route:
- โฆ300K to start a well-researched provision store
- โฆ150K investing in your business education and skills
- โฆ50K as your "things will go wrong" buffer
--> The System Builder Strategy:
- โฆ200K to master a high-income skill (copywriting, digital marketing, etc.)
- โฆ200K in diversified mutual funds
- โฆ100K to test and validate multiple business ideas
Here are other options in Nigeria today:
- POS Business โ Busy location + trusted attendant = steady daily income.
- E-commerce / Mini Importation โ Buy hot-selling products, resell online (Jumia, Konga)
- Foodstuff Trading โ Buy in bulk (rice, beans, oil), resell later at a margin.
- Agricultural Partnerships โ Poultry, catfish, piggery with existing farmers.
๐ฌ๐ผ๐๐ฟ ๐๐ฐ๐๐ถ๐ผ๐ป ๐ฃ๐น๐ฎ๐ป (๐ฆ๐๐ฎ๐ฟ๐๐ถ๐ป๐ด ๐ง๐ผ๐ฑ๐ฎ๐)
Week 1: Set up a proper budgeting system that actually works for your lifestyle
Week 2: Build your emergency fund foundation (start with โฆ50K minimum)
Week 3: Choose ONE financial education resource and commit to finishing it
Week 4: Pick your investment/business path and take the first concrete step
Remember: You can lose your money, your business, even your job, but if you've built the right financial habits and mindset, you'll rebuild faster and stronger than before.
What's your biggest money management challenge? Let's talk about it.
