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Get your finances right
Fola Daniel Adelesi
Speaker. Author. Consultant
www.foladaniel.com
Expand your mind
• What vision do you have?
• Why must you make money?
• What will your money go into?
• Can you make money without a vision?
What's your dominant financial
thought?
• The next phone, tablet or gadget to buy?
• Next gucci bag?
• Next T.M Lewin?
• Mary Kay make up?
• A vacation in Dubai, UK, US, Bahamas
• A beautiful wristwatch
• Next set of shoes
• Home theatre
• Or the next business to invest in?
Buy capital goods
• As we were thought in elementary business
studies, capital goods are the goods used in
the production of other goods. So you should:
• Buy goods that can serve business purposes
• Cut costs on anything that can't serve your
business interest directly (profit) or indirectly
(impression...)
Get financial mentoring
• Who is your financial mentor?
• Who do you listen to about money matters?
• Is your Intel just the regular street cred?
• Who's on the journey to wealth with you?
Use a financial consultant
• It is suicidal to want money and not consult
those who manage money.
• Talk to some real investors on saving and
investing
• Discuss long term plan on making money with
your consultants.
Buy with the future in mind
• Dont be penny wise and pound foolish
• Some buy cheaper things and end up buying
the same thing repatedly. Others buy
expensive stuff and enjoy on a longer period.
• Don't buy in bits when you can buy in bulk
and save more.
Add new skills
• If you don't get new skills then you are
depreciating and that will soon reflect in your
finances.
• Add skills relevant to people's problems
Creat products for cashflow
• You cant run out of cash if you create the right
products that people need.
• The cash may not be much but there will be
cashflow.
• Create products from your experience and
knowledge
Dont show off!
• Showing off is what is killing so many people
financially.
• When you get some money, think of your
future before thinking of the next person to
oppress.
• If you dont need to buy then dont buy!
Think of employing others.
• This is a great secret to wealth or financial
success.
• Those who think of helping others get what
they need end up meeting their own needs
• The thought of employing others makes you
think of growing what you are doing beyond
yourself or family
• Then what you start can become a
generational business.
Shine your eyes!
• There are problems around for some people
• There are opportunities in every problem
• Don't form a habit of always complaining
because opportunities don't come to
complainers.
Be a giver
• Giving, even though over flogged as a teaching
in churches and other religious bodies, is a
mystery to getting more.
• You may run into trouble and it is your giving,
maybe when you have forgotten, that will
save you.
• Sow deliberate seeds ~ Parents, leaders...
See ahead!
• I already said you have to see but you need to
see ahead.
• What's the direction of the world? Go there
first and wait for others to come and start
paying you.
• Act fast on what you see because you are not
the only one who can see.
Create a savings plan
• Saving will definitely help and keep you out of
trouble
• You can do direct saving (saving up in your
bank or savings box or
• Indirect saving (saving into a pension plan,
target account, mortgage like scheme)
Asset acquisition plan
• Wealthy people are never judged buy cash in
their possession. It's usually by their assets.
Why?
• It's because assets are the things sustaining
the wealth and bringing in the cash flow.
• So the more assets you acquire the wealthier
you can become
Thank you & check out
• www.foladaniel.com

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Get your finances right

  • 1. Get your finances right Fola Daniel Adelesi Speaker. Author. Consultant www.foladaniel.com
  • 2. Expand your mind • What vision do you have? • Why must you make money? • What will your money go into? • Can you make money without a vision?
  • 3. What's your dominant financial thought? • The next phone, tablet or gadget to buy? • Next gucci bag? • Next T.M Lewin? • Mary Kay make up? • A vacation in Dubai, UK, US, Bahamas • A beautiful wristwatch • Next set of shoes • Home theatre • Or the next business to invest in?
  • 4. Buy capital goods • As we were thought in elementary business studies, capital goods are the goods used in the production of other goods. So you should: • Buy goods that can serve business purposes • Cut costs on anything that can't serve your business interest directly (profit) or indirectly (impression...)
  • 5. Get financial mentoring • Who is your financial mentor? • Who do you listen to about money matters? • Is your Intel just the regular street cred? • Who's on the journey to wealth with you?
  • 6. Use a financial consultant • It is suicidal to want money and not consult those who manage money. • Talk to some real investors on saving and investing • Discuss long term plan on making money with your consultants.
  • 7. Buy with the future in mind • Dont be penny wise and pound foolish • Some buy cheaper things and end up buying the same thing repatedly. Others buy expensive stuff and enjoy on a longer period. • Don't buy in bits when you can buy in bulk and save more.
  • 8. Add new skills • If you don't get new skills then you are depreciating and that will soon reflect in your finances. • Add skills relevant to people's problems
  • 9. Creat products for cashflow • You cant run out of cash if you create the right products that people need. • The cash may not be much but there will be cashflow. • Create products from your experience and knowledge
  • 10. Dont show off! • Showing off is what is killing so many people financially. • When you get some money, think of your future before thinking of the next person to oppress. • If you dont need to buy then dont buy!
  • 11. Think of employing others. • This is a great secret to wealth or financial success. • Those who think of helping others get what they need end up meeting their own needs • The thought of employing others makes you think of growing what you are doing beyond yourself or family • Then what you start can become a generational business.
  • 12. Shine your eyes! • There are problems around for some people • There are opportunities in every problem • Don't form a habit of always complaining because opportunities don't come to complainers.
  • 13. Be a giver • Giving, even though over flogged as a teaching in churches and other religious bodies, is a mystery to getting more. • You may run into trouble and it is your giving, maybe when you have forgotten, that will save you. • Sow deliberate seeds ~ Parents, leaders...
  • 14. See ahead! • I already said you have to see but you need to see ahead. • What's the direction of the world? Go there first and wait for others to come and start paying you. • Act fast on what you see because you are not the only one who can see.
  • 15. Create a savings plan • Saving will definitely help and keep you out of trouble • You can do direct saving (saving up in your bank or savings box or • Indirect saving (saving into a pension plan, target account, mortgage like scheme)
  • 16. Asset acquisition plan • Wealthy people are never judged buy cash in their possession. It's usually by their assets. Why? • It's because assets are the things sustaining the wealth and bringing in the cash flow. • So the more assets you acquire the wealthier you can become
  • 17. Thank you & check out • www.foladaniel.com