There are a lot of people these days who claim to be broke, looking for money and yet have no income stream.
There are a lot of “students” who wish they could have more money to play with and yet have no income stream.
There are a lot of underemployed people whose salaries is barely enough to cover their costs and yet, no income stream.
The simple solution to all the scenario I highlighted above is to create new income streams. The more income streams you create, the better. That way, you can never go broke.
It is not enough to be gainfully employed, you must also think about how to create a side business, something on a smaller scale. I have previously shared with you the 4 levels at which you can do business:
- Local Community e.g Around your house, Estates
- City and State e.g Ikeja and Lagos
- Country e.g Nigeria
- Global
So, while you may be employed somewhere, you can create a second income stream.
I will give you an idea, You can enter the local transport business.
You can buy an Okada or taxi and employ someone to run it for you. You will need to monitor the person closely so that you are sure you will not get ripped off.
Before you venture into such a business, do your research and talk to people currently in the business.
I agree that this business requires a significant amount of investment to buy the vehicle, and not everyone subscribed to #TMP might be able to afford it. If you are in this case, feel free to reply this email. I recently compiled about 15 businesses you can start without any serious capital investment, the ideas are geared more towards students but can be tweaked to work for anyone.
Watching the World
- I have been listening to “Idinma” by Flo (the same guy who sang “Twale”). You can download it on OneCrierPlay
(REMEMBER: The Morebise Post has a new home at http://morebise.com)
