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Monday, February 14, 2011

How to Build Your Wealth From Scratch


HOW TO BUILD YOUR WEALTH FROM SCRATCH
(Easy Procedures to Help You Build a Lasting Wealth)
By Abdul Hamid Adeniyi Otule
According to history, it remains a fact that the human societies had transformed or experience a revolution from a classless society to a society that is characterized by the heavy presence of class or categories of people based on their status just as we have the Upper class, Middle class, and the Lower class. Many fail to realize the fact that we are now in the era of information age meaning that information seems very important for us to thrive and achieve greater heights in this present world.
Without deviating from my set of principles, aims and objectives of writing; I like to once again appeal to our esteemed readers on my commitments towards contributing positively to the development and advancement in our quest for a peaceful and healthy environment. We are committed towards contributing socially, educationally, morally, spiritually, politically, and exploding the myth we need to earn a high income so as to be financially free.
Everyone can have money and be rich and financially secured or as well as chosen to be financially free in whatever decision we make. We are where we are as a result of the decision we make which is why I suggest we make the right decision today so that we don’t live to regret tomorrow.
The main objectives of this article is to you expose to you our esteemed readers tested and proven procedures or steps to completing a wealth creation from having nothing to becoming wealthy.
Furthermore, I discovered that from the seminars that are being held or run or held. Most people are looking for how to get rich quickly forgetting that wealth creation demands transformation from one place to another. For example if someone organizes a seminar and the theme is ‘How I Made Two Million Naira in 24 hours with Zero Capital’. I can assure you that the door of the venue will breakdown because people want to make money quickly without following procedures or protocols.
Moreover, if I organize a seminar and the theme is ‘How to Make Lasting Wealth from the Internet’, the number of attendance will not be as much as it were for the previous one. The poor are destined to make the rich richer unless they take time to change their mindset about money and wealth.
Always remember in everything we do that your mindset determines your future. Do not belong to the class of people who believe there is a shortcut to wealth. Getting money by all means and by everything attitude is an anti-wealth building attitude. Wealth only comes to people who follow a procedure or process.
In addition, wealth transformations or procedure is a procedure or stages for which wealth appears to be in your hand just as the title sounds; these are the stages which money runs through your life.
I am equally committed to exposing you to stages of wealth in your life. While some people have wealth cycle others have poverty cycle.
Before we begin let ask by saying what is wealth cycle? Instead of getting confused wealth is not money but includes money. One can be rich without being wealthy but you can not be wealthy without being rich.
Literarily, to be rich means to have money but to be wealthy means to have money plus some essentials like God, rest of mind, good health, tangible valuable things like assets etc. anybody can make money from fraud but the truth remains that they rarely have peace. One important fact we must acknowledge is that wealth is built and not made. You can make money but can not make wealth. Anytime wealth is built, it’s either you build a business or career. If you build a career, you do not build a business. However, the experience from the career can be useful if you now want to build a business. Being wealthy in life simply means you must have followed processes of building wealth in life. Five basic procedures or processes have being laid down for you to follow diligently. With the view to explain better I will try to give brief explanation of the stages passed through to becoming wealthy.
First procedure
This stage demands that we find the rhythm within us on what we feel we can do for a living not forgetting that you do not have any money at all. Everyone in this life passes through stage one and no one is given birth to with a bag of gold coins in his or her mouth which means we must all pass through this stage whether school graduate or not but we are not expected to die at this stage.
Second procedure
The stage require that we start small, many do not want to start small especially most school graduate even for a career one is expected to start small which means you are not mandated to get a job worth N150,000 per month as a a starter. Anyone driven by the desire to be wealthy need to start small, but it becomes a crime staying small. You are advised to start small until it starts generating enough cash flow. Remember the saying ‘Rome was not built in a day’. Many cyber crime perpetuators try to skip this stage. Some take to 419, others deception or robbery. The truth is anybody trying to jump this stage is jumping into problems.
Third procedure
This stage entails you struggling to create wealth while you struggle to invest your life, money, time, skills and everything in your business or career. Remember that wealth creation is simply the ability to produce a product or services that is sold to the market above the total cost of production. The moment people are willing to pay at a price that is in excess of your total cost then wealth is being created and vice-versa. The fundamental way to succeed at this stage is finding the need of the people or market and filling it. Then you start fixing your product or services to take position of leadership in the market. Another area of importance is consumer intimacy. Developing a good relationship with your customers is one that is highly good for the business which includes technological advancement, enhanced in delivery of products or services to customers. Try lots of strategies before finally choosing a better one that is cost effective, efficient delivery, and better customer services so as to compete along with your competitors.
Making your price attractive and cost effective is good in the long run. At this stage you keep working on method and systems which require you re-investing your initial profit until you establish the best method that works for you. Then you will discover you have started having more than enough.
Fourth procedure
This stage is simply when we have enough; it is the stage when income is being put aside for the future while you are also building your reputation. Your Goodwill in the market determines how marketable your product is or will be. The friendliness of your staff and the ease of doing business with you is a key part to proving your credibility and people will see you as trustworthy and dependable.
You should be able to answer questions like what does your product achieve for your customers? What does your product help your customer to avoid? What does your product help customer to preserve? How does your product help your customer to get better results in his or her life?
Fifth procedure
This is everybody’s desire and getting to this point is not the big deal but staying there and not reversing or drop back to the initial stage.
I want to tell you that it is easy to be a millionaire but hard to stay and remain a millionaire. For me what I do and advice people is to read more financial materials or books, invest more on realistic things, build relationships, develop a good and strong frugal spending attitudes.
In conclusion, following this procedures I have laid down for you, I believe that increases your chances of not just becoming rich but being financially free.
For more information, questions and comments send it at http://myinvestment101.blogspot.com, http://employeesproductivityguide.blogspot.com
I wish you best of Luck.

  

Live on a Low Balance Budget


Live on a Low Balanced Budget
(Get into the Habit of Living a Resourceful Life)
Dear esteemed readers, I like to use this opportunity to express my profound gratitude to those who have supported me and also gave words of encouragements. I like to commend and appreciate them for their invaluable support. Well as you all know my name remains Abdul-Hamid Adeniyi Otule.
Ø Firstly, it is indeed a great honour and pleasure for me to expose to you about the latest discovery on how to get into the habit of living a resourceful by maintaining a low balanced budget. As you might want to know that I am committed to contributing positively towards the development of social, economic, political, business/investing, and technology advancements of the aspect of our lives. That is why I have worked tirelessly to bringing to you this article on the latest discovery.
Ø The idea of living a resourceful life to me can not be overemphasized. Am sure that the first things that must have struck our minds as we read this is why keep a low balanced budget? After all I can afford the luxuries of this world.
Ø Most people fail to realize the bitter truth on how people earn so much per week, per month or annually and yet they complain of low wages/salary scheme and no wonder we have cases of industrial strike, protest by professionals complaining of one thing or the other, not knowing that most of them earn so much but continue to wonder where all those money went. As I write this article, result has it that Lagos State doctors are threatening to go on strike over alleged low salary structure or consolidated salary scale shortly after they had gone on an indefinite strike before the both party could reach a conclusion. Researches in the United States reveals to us that many professionals like doctors and lawyers etc earn as high as $102,024 and $75,889 annually. Yet an average professional complain of inadequate earnings despite the huge amount they make per month, per week or annually. I believe the answer to this uproar is not far fetched.
Ø Furthermore, without wasting much of your precisions time because I always regard and appreciate the good and loving people who always took time to read my article. What can I say than to assure them that the vital information they had been reading from my previous writing owes no exemption to this one. I believe the only way to solve this problem or unrest is by keeping a low balanced budget.
Ø Here are some vital tips on how to live a resourceful life. As for most employees, the first thing they do after receiving their pay cheque is to go shopping whether necessary or unnecessary. That brings us to question on how do I shop wisely? The best thing to do is plan your weekly menu around what is on sale and at their current prices.
Ø Shop more on basic ingredients instead of pre-packaged foods and cook from scratch. This is quite less expensive and highly hygienic ra6her than spend more money on fast foods and what have you.
Ø Stock up items that are on sale or in session, following this, I will strongly advise that you buy in bulk, but be careful not to overstock perishable items that will eventually spoil.
Ø Travel to areas where prices are known to be lower, if this is cost effective.
Ø Cut back on how often you go shopping.
Ø  At this junction, I like to inform you that research have shown that nearly 60 percent of all items bought by shoppers are unplanned.
Ø Another area of concern that I like to stress here is to get into the habit of asking yourself questions like:
Ø Do I really need this?
Ø Is the old items actually worn out?
Ø Or do I just want something new?
Ø If you will rarely use an item, would renting one suffice?
Ø Or if you anticipate using them frequently, would buying a good used one work just as well. I believe if this is frequently done the choices of managing your resources will tend to be on a positive note.
Ø It is rather unfortunate that many people lack the ability to develop a resourceful budget which is why I tried answering the question on how to develop a budget?
Ø Write down your essential monthly expenses.
Ø Organize your expenses into categories, this include food, housing, automobile etc.
Ø Figure out how much of your savings must be applied monthly to each category.
Ø Write down the combined net earning s of all…in your household.
Ø Set aside monthly the amount needed to satisfy each category.
Ø Have a statement indicating budgeted monthly expenses and actual monthly expenses.
Ø Be resourceful.
Ø Trim down to the essentials.
Ø Here are the following ways to be resourceful.
Ø Follow manufactures maintenance instructions, which may tend to prolong the life of our appliances. Change out of your good clothe as soon as you come home – a practice that will keep them new longer.
Ø Well following this idea I have laid down for you, I believe you have the possible chances of living a resourceful life filled a low balanced budgeting.
Ø For more information, comments and questions kindly visit http://employeesproductivityguide.blogspot.com http://myinvestment101.blogspot.com.
Ø I wish you best of luck




MAKE IT BIG TRADING FOOTBALL!!


MAKE IT BIG TRADING FOOTBALL!!
(A practical guide and secret of Making Money by watching football and other sports)
By Abdul Hamid Adeniyi Otule
The Aims and Objectives of this writing is to expose to you our esteemed readers one of the most possible, tested and confirmed way of making money for as high as you can ever imagine while trading football and other sports. This article will be focusing mainly on the round leather game i.e. Football as a sport which is the one with the most followership around the globe.
Football Trading though has been in existence and people have made substantial incomes from venturing in the various models we have. I like to assure you that this is an opportunity to acquire the most tested and possible ways to make it big in the business.
Without wasting much of your precious time because I know you choose to visit my blog not to read some rambling idea or trash, but for the purpose of getting a useful information probably to discover a latest discovery on how to trade football to a reasonable level.
INTRODUCTION
Sport is a big business anywhere in the world, football in particular brings the world to a stand still whenever there is big competition i.e. world cup, European champions league, English premier league which is of course the average Nigerian Best followed League.
A big important question asked by everyone is:
How Does Football Trading Works?
Football is played round the clock every day and smart individuals are making substantial income from it. Let me work you through some terms you will need to understand for profitable trading.
The terms you need to know are as follows:
Bookmakers: These are companies that provide the platform for betting activities. They also set the prices and expected winnings on each football match. Sometimes they could be referred to as ‘bookies’.
Odds: It’s the price given by bookmakers to a match on a particular day. Odds are determined by how competitive a match could be. Let’s assume Manchester United is playing Blackburn Rovers, the odds could go this way: 1.35, 3.56, and 7.45.
What this simply means is that the bookies are saying if you trade in favour of Manchester United the amount invested will be multiplied by 1.35, if the match ends in a draw and you trade on draw, your investment will be multiplied by 3.56. Lastly, if you trade that the match will be in favour of Blackburn Rovers, your investment will be multiplied by 7.56.
Football trading is not about predicting the exact outcome of a game all that is needed is following trends and analysis to determine out of the possible 3 outcomes of the match. Win Draw and Loss.
The following signs are used in football trading.
1: Win for the home team
X: The match will end in draw
2: The away team will win
See the illustration in the screenshot below.

How to Go About Trading
As stated earlier, there are many bookmarkers that provide platform to trade on; some of these bookies are belfair, bwin, bet365, betahome, fonbet, b4u24 {all in www.com} and so on.
The process of registration is easy. All you have to do is go to the site and register.
Once registration is complete, the next thing is to fund your account. There are many ways to fund your account. The options are debit cards, bank transfer; alert pay, liberty reserve etc.
For the purpose of this article, I recommend www.b4u24.com, the site is based in UK and highly regulated, and it also accepts Liberty reserve.
The reason I prefer liberty reserve a method of funding your account is because funding is almost instant and withdrawal is same. For example I can trade in more than 5 games in a day with my profit using liberty reserve.
How to Register On Liberty Reserve
Go to www.libertyreserve.com and follow the registration procedure. It’s easy to set up.
This is what it looks like:

The question that must be bothering your mind now is:
How to Fund Liberty Account?
There are merchants in Nigeria that helps in liberty account funding; I encourage you to find the best for you. I restrict myself and avoid recommendation.
You will see the details of merchants on liberty reserve website.
Caution: Do not disclose your password to anybody for any reason.
Let’s Go To Trading Proper.
You need to analyze matches very well before placing your trade. By going to www.vitebet.com you will get idea of how to place a trade.
Here is about trading looks like


Another strategy I use to place trade is by going to the league table. For example if I want to place a trade in Spanish league,
All you do is go to www.spanishleaguetable.com and see the standing on the league table; this will give you more insight.
Once you get this information, you will know how to place your trade.
For those who will be venturing in this money making business I suggest you study carefully the rules guiding trading activities.
8 Golden Rules for Successful Football Trading and Maximum Profit.
RULE 1 – DISCIPLINE, DISCIPLINE, DISCIPLINE
It does not matter if you have all the money in the world or you are starting on shoestring budget, discipline is very important in football or any sport trading trading.
RULE 2 – MANAGE YOUR BANKROLL
Managing your bankroll is a key attribute to being a successful sport trader. Your bankroll is a sum of money you set aside purely for trading purposes. No single transaction should take more than 10-15% of your starting bankroll.
RULE 3 – COPING WITH SWINGS
As stated in rule 2, it is inevitable to have losses and losing days in this business.
How you cope with losses determines how successful you will be at sport trading.
RULE 4 - SPECIALIZING
Sport trading should be taking very serious, after all you in it to make money. Like in the medical field where there are specialties, you must specialize.
RULE 5 – RESEARCH YOUR INVESTMENTS
Once you decide in which area you wish to specialize, it is time to research your market and where you will make your investments. You can place your bets in a more focused manner. The power of computers and the Internet have made the obtaining of information so easy that in a matter of minutes you can find out as much information as you require about your chosen market.
RULE 6 – KEEP RECORDS
It is absolutely vital that if you wish to take your sport trading onto the next level you keep accurate records of all your activities.
RULE 7 – AVOID MULTIPLE BETS
Which ever market you wish to specialize in I am going to give you one simple piece of advice – AVOID MULTIPLES – in any form of gambling these are the bread and butter earners for the odds setters.
RULE 8 – DON’T GAMBLE DRUNK
Never ever! That’s it. Join a group created on facebook where you will get signals on matches to be traded on. The group is Sport trading secret.

I wish you best of luck
Thanks
Otule Abdul Hamid
08130565967, 07025653315