What You Clearly Don't Know . �

17

I was talking with a friend over the weekend. He wanted to know how he could build multiple streams of income in a bit. I asked him if he had any profitable business running. He said he does, that he sells cloths, physically. Then I asked him, what happened to his business. He kept on saying something about needing an investment of #2,000,000� Then I told him that I have someone I know that can give him a loan but he said No that he doesn't want a loan.� I was surprised though I went ahead to ask him. WHAT EXACTLY DO YOU WANT ME TO DO FOR YOU ⁉️ That was when he started talking about how he needed an extra build up of income. That he needs money and everything I asked again, What of your business who are you going to leave it to? He didn't give a definite answer so I just went ahead to telling him. That building multiple streams of income is a good idea. But Not all at the same time. Try to imagine building five different houses at the same time. Do you think you would succeed or you would end up abandoning those projects because you would run out of resources? Now imagine building just one house to completion. Then you move on to the next house until you complete all the 5 buildings. Which strategy do you think is more effective? Ofcourse the second would be more effective, Listen . . . Before you think of starting another stream of income, Focus on building the first one until it becomes profitable. Profitable enough to pay you and bring in a steady flow of cash into your pocket. Do you understand ? You do not need multiple streams of income at the start of your journey to financial freedom. You need to focus on one business model and build it until it becomes profitable before jumping into another. Do not want quick money because it doesn't last. Focus on the one you are doing and build it up before looking for another. It will give you peace of mind and also give you a steady flow of income. Hope this helps I will see you on the other side of success

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