The journey to financial freedom has never been proven to be easier. Whatever you see as success today is an accumulation of thousands of odinary effort of the past years that you might not even pay attention to.

Every effort counts in success. That is why you must hold yourself responsibile for your actions and inactions.

In the word of Jim Rohn success leaves clues.

I totally agree.

If you want to be a successful athlete that the world will celebrate you must endeavour to look out for the successful athletes in that your area of interest and study them closely.

The reason is that,
Most things we want to accomplish have been accomplished by someone else at a particular point in time.

All you need to do is to study them closely.

This will reveal some important clues you need to be successful in your chosen career.

Having got those clues that can help you in your way to success,you must endeavor to put them into action until you to get the result you desire.

This same processs is also applicable to anyone who wants to attain financial independence like the rich and successful people

So, I'm going to share with you 4 important tools of the rich and successful people.

Number one:

They use other peoples money(,Opm)

This form of financial leverage is peculiar to the rich who are well educated financially. They have learned how to use good debt and other people's money to build empire and create exponential wealth.

Now let me ask you this?

How long will it take you to safe 1Omillion naira out of your hard earned income to acquire a rental property that will bring you cash flow

Indeed! This will take a very long time and unnecessary sacrifices to achieve this feat.

This is one of the reasons why you need proper financial education to know how to use good debt and other people's money to grow your wealth.

However it is quite unfortunate that what most of us were told is to run away from debt.

Debt is bad

Get out of debt! Get out of debt is what most financial planner keep telling us.

They never told us that there is a good debt and bad debt.

The rich use good debt and other people's. Money to build empire.

Most successful entrepreneurs I have seen and worked with make use good debt and other people's money to grow their wealth.

Their bankers love to give them money because they are credit worthy.

If you are confused with good debt and bad debt.

Let me give you this simple analogy.

Good debt brings you more money because you use it to acquire assets that bring cash flow .

When you use debt to build hostel in a school environment where student accommodation is a very big problem. This is a typical example of good debt.

The cash flow from the hostel you built in a school environment where the demand is higher than the supply will pay for the expense of the property including the finance cost.

Bad debt on the other hand takes money from you either daily, weekly, monthly,or quarterly.

A typical example of a bad debt is a car loan.
Most people are poor today because they incure huge amount of consumer debts.

Please note:

It takes financial intelligence to use debt. That is why the first investment you have to make in your life is an investment in yourself...


https://www.youtube.com/watch?v=L2547kFwZZU

Success4a:
bro! I have questions to ask on this topic

Go ahead with your questions

adebola2020:
go ahead and ask your question

I hope i should be able to answer your question

Success4a:
great content!

Thanks

Is there anyone who doesn't like better things ? indeed!

Everybody loves to drive in good cars, live in mansion, fly in first class,making money while asleep and many more good things of life.


However, setting goals without actions and definite time frame of accomplishment t is just a mere wish or discussion.

Unfortunately this is what most people do

For you to accomplish your desired goals, you need to get out and get your hands dirty .

Steven kings once said, "Talent is cheaper than table salt. What separates the talented individuals from the successful once is a lot of hardwork "

To be successful financially you need thousands of hours or learning and practice. As you learn new habits that can make you rich. You must also learn to unlearn some bad habits that can make you poor.


To make my point clear and simple to understand, I'm going to share with you 8 habits that make the rich different from the poor.



1. The rich set long term goals,the poor don't.

Albert Einstein said and i quote:

If you want to live a happy life, tie it to a goal, not to people or things.

If you want to be successful financially " you have to project forward in 5 years or more and imagine the type of life you want to live,
the amount of money you want to earn, the number of investment you want to have, the type of family you want to have, among other goals.

After doing this, you have to look backward into the present and ask your self " what should i stop doing or start doing that can make me move faster my goals.

This seems to be difficult for most people.

So, they set only short term goals by living from pay check
to pay check

Forgetting that they cant be working for money for ever......

2.The rich are committed to their goals.

Formal Us president, Barack Obama,once said

" A change is brought about because ordinary people do extraordinary things"

What i have learned from this is that "success is not an accident, you must be ready to commit yourself towards achieving your goals.

Whenever you set a goal you must be ready to give it all it takes to achieve it. Don't just get goals and go to sleep

If you fail to commit your self to your goals you will not transform them into reality.

Even the easiest goal will be difficult for you to achieve without commitment....


https://www.youtube.com/watch?v=PWaWDbjQX-o

Success4a:
what a super contents! good job bro

thanks bro!

Success4a:
bro! I have questions to ask on this topic

go ahead and ask your question

facenglish:
great one! this is insightful!

thanks

pineed:
Good piece..

thanks bro!

Often time I ask myself" why do very few people rich and majority stay poor?"

In my quest to find answers to this question,I realized that the rich and the poor differ in what they think about and what they do.

In this video, I'm going to tell you 5 habits that
make people stay in poverty for life.

1. They live below their means!. The habit of live below your means is doing more harms than good.

With a view to living below their means,
they cut down important cost on things that can
make them move forward in life.

Instead of living below your means why not focus on increasing
your means. If you will be realistic cutting down cost is like cutting down things that can make
you happy.

Psychologically most things we buy
increase our happiness and self esteem.


2.They count their liabilities as assets: Most people count their cars and house as asset which in actual fact are not. Growing up with this type of education is bad for your progress...

In this short video I gave out suitable illustrations
and reasons on 5 habits that make people stay in poverty for life


https://www.youtube.com/watch?v=D17HBY5Li_Q

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facenglish:
great one! this is insightful!

thanks boss!

Success4a:
readers are leaders! I have read 3 out of the ten books you mentioned. Warren buffet read 500 pages of book every day anybody could Google it, Bill gate is a reader too

people dont want to hear this| most of the books i recommend are read by the successful

Success4a:
this is informative! thanks for the info

thanks for your commendation

Having read several autobiographies of the rich and successful people all over the world and having studied them closely. I have no choice but to agree with a world best motivational speaker Jim Rohn who said" There are two types of pain you will go through in life, the pain of discipline and the pain of regret. Discipline weighs ounces while regret weighs tonnes.”

To be successful in life,the type of person you have to become before you can become what you want to become really matters.

Nothing goes for nothing. If you want to be successful you must be ready to pay the price.


Therefore if you want to move from the bottom to the top you need to learn how to discipline yourself by giving up these activities I'm about to share with you


Today, I'm going to share with you 5 activities you need to give up to become rich


Now let's get started

1. Seeking immediate gratification. Many people give up on their goals to work for others to build theirs because they want instant rewards for their labor. If you truly want to be rich you must develop the abilities to delay gratification to the future.

There is one truth about financial freedom. The truth is if you want to build a sustainable wealth you must be ready to work for thousands of hours for free before the result start coming in.

Let's say you quit you job today and start building businesses, no one can be rest assured that money will start coming in few days or month. You just have to get started and avoid being distracted with instant gratification. In fact that is what differentiate between the upper class from others. The upper class think on a long term. They have develop the courage and ability to delay gratification. As the saying goes. He who laugh last ,laugh the best.


2. multitasking.: multitasking is a killer to productivity. . Why do you have to multitask when you are not a robot?..


https://www.youtube.com/watch?v=pm6M-iH95xE&t=1s

dimexy247:
Read all and make yourself rich first.

People and their stupidity.


So a book will make you rich?

Better go and hustle.

bro this is where majority got it wrong. We run a way from mental capacity building so we become a slave for momey. Now With With this lockdown why do people still crying because majority are leaving from hand to mouth. Working hard without knowledge about is money is a big dissapointment. Take responsibility for reading those book. Dont Run away with your excuses.Give Me The Benefit Of The doubt by reading all these books and thank me later. You Will Not Be Working With No Sense Of Direction. This Corona Lockdown Is a message to your financial future

Every great achievement you see today is an accumulation of thousands of ordinary efforts of yesterday.
For you to be successful in your 20s you must be ready to commit thousands of small effort and sacrifices that you can ever imagine.
It sounds pretty good when we listen to successful people tell their success stories.

But the truth of the matter is.

If the process of becoming rich is too simple for everyone,

Nobody in this world will be poor.

If you really want to be financially independent like the rich,you need thousands of hours of learning and practice without remuneration.

This is hard work to be honest!

However,you can never be on top of the game if you don't know what other people don't know.

And one of the best way of achieving this is by reading great books.

So, in this videos Im going to share with you 10 great books that can make you ruch in your 20s

Book number 1:

Think a

I love this!