THE POWER OF LEVERAGE AND NETWORK Part 2

Ladies and Gentlemen there are many Vehicles of wealth. To achieve greatness in Life you have to understand how to leverage. Leverage is an increased way of attaining something. When most people hear of the word LEVERAGE they only liken it to the Multi Level Industry.
Forbes magazine classified a big business as one that has a minimum of 500 paid workers.
There are 4major vehicles of wealth based on Leverage.
1. Real Estate
2. Paper Investment (Shares, Bond, Treasury Bills etc)
3. Intellectual property (putting down ideas in books, cds etc)
4. AutomatMost people have great ideas in many fields.

Financial Statistics
1. Financial Statistics say that over 80% of conventional businesses fail within the first 5years.

2. Census Beureau states that 92% of Nigerian homes require both parents to work FULL TIME to meet ends meet.

3. 70% of families are surviving on salaries and 90% of individuals are now spending more than they earn each and every month. (SAVINGS)

4. 7 out of every 10 woman would live in POVERTY at some point in their life.

5. Over half of the employees that are to loose their JOB today would not survive more than 6months before financial crisis arises.

6. Highest paid employees are forced to work harder, with longer hours and higher quota in other to maintain their current standard.

7. Women's heart foundation states that the most common time for a heart attack is Monday morning.

8. An average divorce would not occur if there is an additional N60000- N100000 income for the family.

9. Financial experts says working 40hrs a week for 40years (the 40-40 plan) for a great pension is all over.

10. 70% of people agree that they would rather work for themselves as an Entrepreneur than for someone else as an Employee because they agree to the saying that the Smartest Employee cannot earn more than the CEO of d company.

In reality the problem why most people are not earning well or living the life they want financially today is not because they dont have world changing ideas but mostly it balls down to CAPITAL and SKILLS.

Take example to set up a real estate now that would serve as a monetary system for you, that is lets say an annual income of between N10m - N50m you would need a capital of nothing less than N200m.
The question is if you dont have the money that Femi Otedola has, that Aliko Dangote has to set up Manufacturing companies and Refinery, etc how do you go from where you are currently and Transit?

Ladies and Gentlemen you will agree with me that in business for you to succeed you have to learn how to risk money. The highest risk taker in business takes home the highest profit.