06/05/2023
FIVE MONEY ADVICE FOR MY ESTEEMED BUSINESS OWNERS.
It's another wonderful weekend,
I've been thinking about YOU seriously, and I've also been thinking about what you would be thinking on a Saturday Morning.
It occured to me, 90% of entrepreneurs think about money the most on Saturday due to ongoing sit at home on Monday's most especially on the eastern region
No matter how you twist the gist, you're in business to MAKE MONEY.
In reality, if you're not making money you're not in business.
I've never heard a business owner say he or she is tired of business because they're making lots of money.
They always get tired of a business venture when the business isn't producing enough money for them.
So, while you go about making money this weekend.
I've got a few pieces of advice for you…
¶ Do All You Can To Avoid DEBT.
Debt will kill your financial dreams, and make your efforts to be abortive.
You will work hard, only to be working hard for your creditors.
Every time you get into debt, you dig yourself into a deeper hole financially.
As an SME, your wealth building tool is your income, it should be reinvested into the business, and not servicing a debt.
¶ Build A Sinking fund:
Most entrepreneurs don't have Sinking funds, that's why unplanned financial surprises usually swallow their business.
We live in a world of uncertainty, uncertainties are bound to happen in your business.
As you make money, ensure you set aside a sinking fund.
¶ Learn To Keep Money:
It's very easy to spend money, But it's very difficult to manage and keep money.
Your business will struggle, if you don't learn how to keep money.
It's not the money you make that grows your business, it's the money you KEEP and MANAGE well that brings about growth.
¶ Start Thinking Of Growing Your Money:
You won't remain at this level forever, whatever figures you're making now there's still a higher version to it.
Wherever level you are, start thinking about growing your money.
Build a financial systems you can use to MULTIPLY your money.
¶ Be Doggedly CONSISTENT and PERSISTENT In Marketing Your Business:
Whatever you're selling, there are ten more ways to market your business to get more sales.
if you invest 97% of your time in marketing your business you will be WEALTHY.
Become the chief marketing officer of your business, get people to run your operations.
Don't joke with your marketing, that's the engine room to making it BIG in business.
I love you.
Stay Inspired!!! There's so much money to be made this weekend.
Ensure share, comment and like
I'm rooting for you.
Thank You 🙏🏽🙏🏽🙏🏽
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