Wednesday, September 22, 2010

In A Pool of Ideas

Okay, so you have a myriad of ideas popping out of your head every now and then. At one moment, its one heaven of an idea coming into your mind and then the next minute, its another one trickling in, which superlatives can’t even describe. You seem to be constantly bombarded with wonderful ideas you believe will take the world by storm. And now your mind is really beginning to get full; full with ideas but dull with execution. What may happen eventually if care is not taken is that you may end up abandoning very intelligent ideas to the detriment of your wealth creation which among other things is the major motivator for most people.


Solution? What you are probably not figuring out at this point is how you can take advantage of all the wisdom God has given you by identifying and finding effective ways to implement these ideas to not only create the best possible wealth for yourself, but also make the world a better place.

Having often found myself in this same dilemma (that is, being completely lost in a pool of ideas), I’ve in recent times devised some ways to go about them more effectively. In as much as this is my version of the solution, your inputs are also very much welcome.

I believe in this simple principle: You need money to make money. This has reflected in the steps I’ve developed below:

1. List all the ideas down on paper: Most often than not, the probability that you will follow through on something you have written down is much higher than ideas you allow to freely enter in and out of your head. Seize those ideas on paper (as possibly as it comes to mind and in no particular order) and keep in a safe place. For example,

1. open a new boutique. 2. Teach at a school. 3. Create a website for a project,etc.



2. Identify the money generators and money pumpers: Secondly, you need to identify which of the things you’ve listed can generate money for you and those you will need to invest money into. For instance, teaching at a school will generate money for you but opening a new boutique may require some amount of capital.



3. Make a new list of the ideas that will generate money for you and another list for the ones that you will have to invest money in.



4. Concentrate your efforts into getting the money generator ideas started: For eg, you can start teaching at a school or do any job that generates money for you. Subsequently, you can save up some money and then plan for the other ideas you will need to pump money in. You don’t necessarily need to execute all the money generator ideas before you begin thinking of starting your money pumping projects. You just need to have a clear cut balance between the two and also make sure that you sustain your money earning projects once you get the money pumpers started. Otherwise, you may get financially drained and very frustrated.

Everything is possible. So go on and be. Please feel free to leave your comments, suggestions, etc.

Thursday, September 9, 2010

The ‘I Want to Work in A Bank’ Syndrome.

I’ve met a thousand and one university students who want to ‘work in the bank’ after school. In recent times, the idea of many people wanting to belong to the banking fraternity has become a huge force to reckon with in career circles.


For most of these people, the perception of prestige associated with this industry is enough motivation for them to not keep their ‘burning’ desire under wraps.

Banking is perceived the world over as one of the most ‘decent’ professions. It is against this background that most people find it to be highly desirable industry to work in.

But is choosing a career about what society considers to be prestigious or deems ‘decent’ or about what you really want to do?

I think modern society’s thinking has been a little thrown out of gear concerning what career paths one should choose.

Personally, I believe in choosing a career that you see yourself in, not one society thinks you should see yourself in. At the end of the day, its you and what makes you happy and fulfilled, not what makes society happy. Is it even possible to make the WHOLE society happy with your almost always ‘singular’ career choices?

If you strongly feel banking is your turf, dive into it as soon as it’s possible, or just love it if you’re already in, being as proud as proud can get. Otherwise, if for other reasons, chances are, you may end up being frustrated with job dissatisfaction. It is then that you may realize that it would have been so much better to do what you really desire in life and pay no heed to the supposed ‘status quo’.

There’s no greater fulfillment in life than doing what you really want to do and what you are really good at doing.

I think we should take a moment to think about what exactly we want for ourselves and what to do in order to get there. Let’s say no to this ‘banking’ brouhaha and live lives we truly enjoy. Once we find what we want, we will definitely get people supporting our dream.

“You owe it to yourself to find out what you want to do, and what it will take to get there and then use that to catapult you to stardom.” – Anonymous.

Your comments are highly welcome.