15years ago three friends came together to start a side hustle while maintaining their main job, all together the friends were able to raise a total sum of 2.5million, this initial capital was the seed pulled from their savings to birth Thier own dream.
The first business was a microlending business that gave loan to the unserved population ignored by the mainstream bank in Nigeria, these three friends together raised the bar an continue to invest in their own business and today that side Hustle started in 2008 is now a conglomerate, with majority shares in top companies in the country.
That little side Hustle also spear headed the founding of V Bank a digital microfinance Bank licenced by the CBN,
A Real Estate company called Dynasty properties
A Four Star Hotel in Lagos and Abuja
An Oil And Gas company
An Asset management company called Anchoria Asset management
Abbey Mortgage bank and other businesses cut across different sector of the economy
That little side Hustle started in 2008 today is worth over ₦55billion in Asset
Likewise in 2005 three friends came together register a video Sharing platform after several attempt failed at finding a video about Janet Jackson online, so this idea of creating a platform were people can share their home Videos and exciting clips can easily be found, the three friends who worked at PalPal an e-commerce company in The U.S cofounded YOUTUBE On 14 February 2005.
It was officially launched on December of the same year, this was a huge solution and cause of these the site almost crashed due to influx of users and expansion was necessary by March of 2006 YouTube had more than 25million videos uploaded to it server with millions of viewers per hour, as of today YouTube is valued around $29.71 Billion, been acquired by Google for $1.65Billion
I opted to highlight a few of these among millions of others out there, even on a personal basis we can attest to the fact that opportunities create Wealth, these opportunities won't come on a platter of Gold or during a palatable circumstances but one in such an unlikely manner
Most times if I tell young folks that it's much easier to make money than spend it, the looked at me perplexed at the untrue irony, meanwhile like a parable I'll unfold the mystery to them, now rich folks in my country are consider stingy meaning they so not give out money, the reason been that the money they made actually cost them so spending here will require a level of diligence so Thier monies is not squandered
There're dozens of financial literacy books out there and I'm not about to rewrite another, this post basically highlights the hidden truth about seamless streams of wealth, it's a secret the wealthy will not let out, not for competition tho, it's just a phenomenon you have to figure out your self.
Just like the two pointed out scenerios opportunities create wealth these opportunities comes in two ways TIME & CHANCE time in the sense that opportunities occur in seasons if you're a businessman who is observant of trends and seasonall variations in taste and preferences of people's options and adjust accordingly you re likely to hit the next Goldmine and achieve so much when the time comes.
On the other hand Chance occur to us in different ways and manners, here we can adopts our sense of foresight and insight which are our sixth sense of reasoning looking out for opportunities or creating one to arrest the times to create wealth,
Many times I have discover that it is not by how many hours we work, neither our strength or abilities can fetch us the level of wealth we desire, but by taking hold of one great idea and utilising our skills these can transform our whole life around, we don't need to struggle much just one great idea, faithfully harnessing these opportunities that surround it, is all we need, all it takes is just to open one door of opportunities and from that one stream Multiple streams of income and ideas are birthed ...that is how wealth is created and that level of financial literacy attained.
