Financial intelligence for smart people
-
Upload
wealthbuilders -
Category
Economy & Finance
-
view
1.210 -
download
0
Transcript of Financial intelligence for smart people
![Page 1: Financial intelligence for smart people](https://reader035.fdocuments.us/reader035/viewer/2022070317/5564db2ad8b42ad9498b5239/html5/thumbnails/1.jpg)
FINANCIAL FREEDOM FOR SMART PEOPLE
![Page 2: Financial intelligence for smart people](https://reader035.fdocuments.us/reader035/viewer/2022070317/5564db2ad8b42ad9498b5239/html5/thumbnails/2.jpg)
A RIDDLE
It is an essential part of Life.Most of us learn it the hard way.It is not available in any
University curriculum.Majority of the world population
will never have it.Yet we all can’t do without it.
What is it?… FINANCIAL INTELLIGENCE
![Page 3: Financial intelligence for smart people](https://reader035.fdocuments.us/reader035/viewer/2022070317/5564db2ad8b42ad9498b5239/html5/thumbnails/3.jpg)
THE CONCEPT OF MONEY
Barter system
Currency system
![Page 4: Financial intelligence for smart people](https://reader035.fdocuments.us/reader035/viewer/2022070317/5564db2ad8b42ad9498b5239/html5/thumbnails/4.jpg)
THE MONEY CHAIN-OPPORTUNITY, SOLUTION & VALUE (OSV)
![Page 5: Financial intelligence for smart people](https://reader035.fdocuments.us/reader035/viewer/2022070317/5564db2ad8b42ad9498b5239/html5/thumbnails/5.jpg)
WE CAN THEN SAY THESE ABOUT MONEY….
Problem is the ORIGIN of money while Opportunities, Solutions and Values (OSV) are the missing links between the money we have and that which we don’t yet have.
Money has a “current” and a “flow” and those who understand this flow keep having more.
Money is a direct off-shoot of product/value.
Money is an irresponsible master and a very responsible servant; money is the right tool in the hands of world changers and a wrong tool in the hands of fools!
There is an art and science of money that must be mastered before wealth can be created.
![Page 6: Financial intelligence for smart people](https://reader035.fdocuments.us/reader035/viewer/2022070317/5564db2ad8b42ad9498b5239/html5/thumbnails/6.jpg)
THREATS TO OUR OSVs UNEMPLOYMENT/ JOB
LOSS
ECONOMY RECESSION/ INFLATION
CRASHED STOCK MARKET
LOW WAGES/SALARIES
FOLDING BUSINESSES
![Page 7: Financial intelligence for smart people](https://reader035.fdocuments.us/reader035/viewer/2022070317/5564db2ad8b42ad9498b5239/html5/thumbnails/7.jpg)
THE 3MS OF MONEY FOR WEALTH CREATION
Make Money: New streams of Active income or new channels of making money.
Manage Money: New opportunities of saving money and earning.
Multiply Money: Great Investment opportunities into assets which invariably generate passive income.
![Page 8: Financial intelligence for smart people](https://reader035.fdocuments.us/reader035/viewer/2022070317/5564db2ad8b42ad9498b5239/html5/thumbnails/8.jpg)
FINANCIAL FREEDOM EXPLAINED ACTIVE INCOME: The income earned in
the short term either from your job or business endeavors. The income you earn from your direct activity or effort.
PASSIVE INCOME: The income earned from tangible and/or intangible assets when you don’t work again. i.e. it is the income from the previous work done. E.g. Rent on a property, royalty from intellectual property, dividends from shares/stocks. Etc.
FINANCIAL FREEDOM: This is achieved when your passive income at any time is higher than your current liabilities. Less than 1% of the world population ever achieve financial freedom because of lack of financial intelligence.
![Page 9: Financial intelligence for smart people](https://reader035.fdocuments.us/reader035/viewer/2022070317/5564db2ad8b42ad9498b5239/html5/thumbnails/9.jpg)
PARABLE OF THE PIPELINE
![Page 10: Financial intelligence for smart people](https://reader035.fdocuments.us/reader035/viewer/2022070317/5564db2ad8b42ad9498b5239/html5/thumbnails/10.jpg)
PARABLE OF THE PIPELINE
Activity is attractive but it does not guarantee result.
It is hard to be free if you cannot say no to the blessings of today
Every good thing has a huge price; if not…beggars would be kings
Thinking outside the box and thinking for others is the hallmark of free men
Driving a Ferrari on a wrong road doesn’t make your journey easier, it only worsens your
condition
![Page 11: Financial intelligence for smart people](https://reader035.fdocuments.us/reader035/viewer/2022070317/5564db2ad8b42ad9498b5239/html5/thumbnails/11.jpg)
IF YOU HAD THE OPPORTUNITY TO CHOOSE
WHAT WOULD YOU CHOOSE?
ARE YOU RUNNING WITH THE
BUCKET OR PIPELINE?
![Page 12: Financial intelligence for smart people](https://reader035.fdocuments.us/reader035/viewer/2022070317/5564db2ad8b42ad9498b5239/html5/thumbnails/12.jpg)
![Page 13: Financial intelligence for smart people](https://reader035.fdocuments.us/reader035/viewer/2022070317/5564db2ad8b42ad9498b5239/html5/thumbnails/13.jpg)
REAL ESTATENATURE OF INCOME = RENT
Great investment vehicle ….Let me ask you, How many people have N75m to purchase a property that begins to give a rent of N3m annually. How long would it take you to lay your hands on this money?
START UP REQUIREMENT = N75m
![Page 14: Financial intelligence for smart people](https://reader035.fdocuments.us/reader035/viewer/2022070317/5564db2ad8b42ad9498b5239/html5/thumbnails/14.jpg)
PAPER INVESTMENT (Shares, bills, Bonds, debentures, Mutual funds, Treasury bills, etc)
NATURE OF INCOME = DIVIDEND
START UP REQUIREMENT = N90m
Great investment vehicle
….Let me ask you, How many people have 90m to purchase shares that begin to give a dividend of N3m annually? How
long would it take you to lay your hands on this
money?
![Page 15: Financial intelligence for smart people](https://reader035.fdocuments.us/reader035/viewer/2022070317/5564db2ad8b42ad9498b5239/html5/thumbnails/15.jpg)
BUSINESS/ FRANCHISENATURE OF INCOME = SHAREHOLDERS BONUS
START UP REQUIREMENT=N120m
Great investment vehicle
….Let me ask you, How many people have the
resources to start a business and grow it to
become automated? How long does it take to build one? What is the
cost of a franchise?
![Page 16: Financial intelligence for smart people](https://reader035.fdocuments.us/reader035/viewer/2022070317/5564db2ad8b42ad9498b5239/html5/thumbnails/16.jpg)
NETWORK MARKETING BUSINESSe.g. WB Coop
NATURE OF INCOME = Referral Commission
START UP REQUIREMENT = N15,000
The start-up cost doesn’t make it seem like a great investment vehicle but this is the only business that you can start with a minimal capital and with diligence & hard work start earning passive income in 8 digits in less than 1 year!
![Page 17: Financial intelligence for smart people](https://reader035.fdocuments.us/reader035/viewer/2022070317/5564db2ad8b42ad9498b5239/html5/thumbnails/17.jpg)
MYTHS ABOUT THE NETWORK MARKETING INDUSTRY
![Page 18: Financial intelligence for smart people](https://reader035.fdocuments.us/reader035/viewer/2022070317/5564db2ad8b42ad9498b5239/html5/thumbnails/18.jpg)
“LOOK ALIKES” OF NETWORK MARKETING PROGRAMS
![Page 19: Financial intelligence for smart people](https://reader035.fdocuments.us/reader035/viewer/2022070317/5564db2ad8b42ad9498b5239/html5/thumbnails/19.jpg)
FACTS ABOUT THE NETWORK MARKETING BUSINESS
![Page 20: Financial intelligence for smart people](https://reader035.fdocuments.us/reader035/viewer/2022070317/5564db2ad8b42ad9498b5239/html5/thumbnails/20.jpg)
![Page 21: Financial intelligence for smart people](https://reader035.fdocuments.us/reader035/viewer/2022070317/5564db2ad8b42ad9498b5239/html5/thumbnails/21.jpg)