Early this morning as I lie on my comfy bed reminiscing on my ever increasing schedules today, these thought crept into my mind, “if you cannot make money with money, you may probably not be able to make money with money”.
I began to brood on what the above statement actually means and was able to come up with a layman explanation after many hours of brainstorming.There are two faces to the above statement. One is making money without money and the other is making money with money.
....Here is what I think.
Firstly, making money without money connots doing business as a primary and active source of income.
Secondly, to make money with money means to invest into asset as a secondary but passive source of income.
......Now here is the deal for YOU!
The first thing for you as an individual to start attracting opportunities to make income is to make money without money. Yes, you read right, make money without money!
That can be done by developing a cashflow expertise which can help you render a service to clients or sell a product to customers. For instance, assuming you bake cake (that is your cashflow expertise).
So all you need to do is to use your expertise (cashflow expertise which is cake baking) to transform raw materials (flour, sugar, milk, flavours) into finished consumer goods (cake) for consumers. That is, turning your skills to money or monetizing your skills.
Or, lets say you learnt tailoring or graphics designs. All you need to do is to use your cashflow expertise to solve problems for your customers or clients.
Boom! They will pay you.
Then what do you call that? Making money without money? So once you have developed a cashflow expertise as above you are then in the right position to earn as high as 6-figures as income depending on your quality of work and marketing skills.
Once this is established, you can then start using part of your income to invest into other income vehicles that can increase you cashflow.
One major mistake people make especially fresh graduates and undergraduates is that they always complain about lacking capital. Meanwhile the capital you need is your expertise which will bring in the cashflow.
Secondly, neglecting the days of little beginning is like going contrary to the biblical injuction not to do so. The quick money-making syndrome as well as unrealistic expectation from the society has made those sticking to principles seem confused and irrelevant. Their efforts and progress are grievously mocked.
Finally my recommendation is that you focus on learning and mastering a cashflow expertise, become an expert in it and before you know it; boom!
My question to you today is: what cashflow expertise do you have or are you willing to learn so as to have that financial freedom you desire?
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