Start thinking of yourself as a company. Because you are an asset.
1.) Grow top line. (Scalable side hustles, passive income - dividends, growth in share price, crypto gain, interest etc)
2.) Decrease Expense. Ensure your expense grows at a slower rate than your income growth
3.) what’s left is your discretionary income and then you COMPOUND. Meaning you invest and repeat the cycle. The real cheese here is in compounding and repeating the cycle.
This time yesterday, 30 mins before 7:00pm. It started getting dark. Young people of Nigeria had gathered at the Lekki Toll Gate
They were singing the national anthem and waving their flags
We all started getting nervous as they shut the light and took down the cameras #ENDSARS
We were all nervous and afraid. Deep down thinking. What’s the worst punishment for a missed curfew (the curfew that was later shifted meaning it doesn’t apply anymore)
We were thinking, come on, they won’t murder them. No they won’t
About 6 years ago, I went on a holiday/destination wedding with friends to the UAE. We traveled to several cities, and it was so nice. Interestingly, the exchange rate was about N199/$
The entire trip including shopping cost me $2,500 (N500,000)
On getting back home, I realised my sleep wasn’t as enjoyable as my sleep at the 5 star hotel we were at.
So, I thought, it’s probably because I was on a vacation. Ofcourse it dawned on me that the mattress I had was inadequate. And that day was a day of reckoning.
We spend so much money on other things, but won’t do the primary things like investing in a good mattress.
Why do you need extra shoes and dresses if you aren’t enjoying a premium night sleep?