Ownership & Distribution - the two words that make men & women wealthy. I’ll explain.
You have heard terms like:
- Sole distributor of xyz
- Majority stakeholder
Haven’t you wondered why these terms always follow rich people?
It is because wealth is about ownership, and how big your distribution network is.
I will explain
The endgame of wealth is to own 100% or at least a portion of something valuable, and then distribute it in such a way that many people spend to use it.
Example - Microsoft (majority stakeholder is Bill Gates) - Ownership
Then PC makers have to pay to have these products installed (distribution)
And if you begin to look at valuable businesses you’d see the pattern. Own & distribute.
Wealth is measured by WHAT YOU own, how valuable it is & how much it is distributed
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How to QUICKLY Write Persuasive Sales Message anywhere. Steps
1. Capture Attention With a Hook.
Simple Types of Hooks Include:
A. Make a Promise (Eg - If you read this I will show you how to lose weight eating carbs)
B. Show Proof (Eg - Watch me raise $ x on a Live stream)
C. Story - (Eg- I was x then became y and here is how I did it)
D. Connecting Question - (Eg- Do you feel like nothing you do works?)
E. Pattern Interrupt - (This Onion grown in India can shave off 4 years off your life, here is why…)
Step #2 - Once you have attention..
…next is to Identify the problem. To do this describe the problems they feel to them.
Eg - you want to lose weight, but you give up after 2 weeks. You wish there was a way to lose weight fast while eating what you love & avoiding the gym?
New Task for the #5kDollarsChallenge
If you have a product or service that you want to sell...do this sweet maths
$5,000/Price of the Product in dollars.
Say price is ₦25,000 then it is $43
$5k/44 = 117
Which means you need to sell 117 of ₦25k product to hit target
Now, I want you to take the price of your own product & do the same maths using ₦570 as exchange rate. Then share with me how many units you need to sell to meet target in the comment
To convert to dollars do (Price of your Product/₦570)
Let me know how many units below
If you don’t have a product yet, just do the maths with an imaginary number then look for businesses with products in that price range to sell and take commissions from
If you are outside Nigeria or outside the US, please use the exchange rate in your country for the maths
What You Need For the $5000 Challenge
==== 1. A business. The challenge is not a miracle, it will need your effort.
But after our poll which is ongoing (see results below) - 1k+ voted - 69% don’t own a business & only 25% make >₦50k. It is fine, here is what to do about it...
...the fastest way to start a business without capital is to go to an existing business & ask them to allow you sell their product for a commission
You can do this for houses, lands, cars, Dubai travel packages, etc
Say you pick a travel ₦1M package, and sell for ₦1.5M...
...then ₦500,000 is yours from the deal.
So reach out to anyone you know who has a business or any business near you & strike a deal!
Don’t feel overwhelmed, these businesses need extra sales. They will say yes.
If you already have a business, congratulations! Now...