THE POWER OF LEVERAGE AND NETWORK Part 3

When i understood the meaning of leverage it changed my life and everything i do, i include Leverage. Instead of being there to run a business i'll rather look for a specialist and hire the person, in some cases i hire more than more 1 specialist.
I went into a fish farming business with someone in 2012, for those that know much about this business we dug over 15 earthen ponds. My partner goes there everyday because i leveraged on his ability, expertise and time which i paid for. Months went by the fishes became matured and we were having bids from buyers, the source of the water we used was from the Badagry water (we channelled the water). We had a buyer bidding from NAFDAC who wanted to buy all but we refused to sell because his price wasnt so appealing. I woke up one morning and someone called me and said "Heavy rain fell last night and the water came from the beach covered all the ponds". I was so shocked because it was a distance from the beach and when i got there i couldnt find 1 fingerlings playing around in the water. It was funny to me to i was imagining how the fishes felt when the water came. When my partner got there and saw what has happened he Fainted on the spot. Ladies and Gentlemen that is the story of how some people had stroke and are paralysed for life. Although it was painful but i only took it as another risk loss in business because i had a SYSTEM. I have risked N400000 and it all went into thin air even with proper planning and i have risked just N100000 and it yielded over N1m in profit.

Thats business!!.

So many people call themselves entrepreneurs today and they are actually not. Dear readers, if you have a shop, or a business where you always have to be there from 8am-5pm daily to open your market you are not an Entrepreneur. Am sorry to say that but thats the truth. The only thing you did is that you just changed your Boss from your former ed BuI started business years ago in school when i go to Idumota (Eko) to buy jewelries. I buy steel chains and necklace which cannot wash or peel out. I sell to my client with 3months warranty that if it washes or corrode they should return it. Now i buy at idumota at N300 per jewelry and sell at N2000 each. Some people buy because they need it while most people buy because of the value of the brand and they want to test if it will actually corrode but in both cases i make sales.
I was so involved in business in school that it affected my studies. I had an extra year, ASUU strike added one year, making 2years. My mates graduated finished their NYSC and came back to meet me in school to run their Msc program. I finally graduated with a 3rd Class degree and now as i write this article 3 of my mates who have completed their masters are on my employee list and i pay them monthly. Now this is because i understnd what leverage is. I am not trying to be proud about this but am just saying it is not about what your Academic result says, it is about what you tell yourself. I always say that greatness is inside of me and am going to let it out.