The 30 principles of wealth creation

1. Identify a need of the people living around you and solve that need. Then you will smile your way to the bank.
The need could be in form of rendering services. I found a need in most people particularly, the undergraduates that most of them don’t save and are totally oblivious of the investment and wealth creation laws. So I decided to fill in the need. Most people are always afraid of challenges involved in solving a need. If you must be wealthy, you must be ready to pay the price.
2. Live below your means, irrespective of whatever you earn.
Everybody wants some respect and there is the tendency to show a level of worth among peers or colleagues. Don’t forget this, if you try to impress your colleagues or friends with your little earnings thereby borrowing, you will live to pay dearly with financial struggles tomorrow. If you earn the least amount say $70 live below it. This calls for solid financial plan
And discipline.
3. be slow to spend. If you have to, then spend less and save more.
When I visit most undergraduates, I usually ask the question, how many of you spend $35 in a week. In most cases, there is the chorus answer of more than that. Now, how many of you save $35 in a week. Again, the answer choruses ‘’that is the problem’’. You must evaluate options before you spend. Many people are quick to spend but slow to save.
4. be quick to save and invest; invest more wisely.
Wealth creators are more concerned about investment than what to eat. Investment is just a seed, if you plant it early, then you will enjoy. But if you plant it late then your children or family will enjoy if for you. Many people want to raise $6500 before they begin investment. It is important to note that investment is just a culture. You build it gradually until you get the peak. It is seen in the light of a drop of water makes a mighty ocean.
5. Diversification of investments is the best strategy for wealth creation. Don’t put all your eggs in basket.
If you are not well educated about investment, you will make expensive mistake, when you have too much money concentrated in a particular line of investment, then your risk is high. It is true! Don’t have your eggs in one basket.
6. Always bear in mind that wealth dose not begin with cash; it begins with vision and information. It begins with ideas.
Money tends to flow towards people ways to produce valuable goods and services and who can invest it to create employment and opportunities that can benefit others. At the same time money flows away from those who use it poorly who spend it in non productive ways. If you have got an idea, it will attract cash.
7. Money is the reward for solving problems.
It is the reward for services rendered. So keep on delivering services and you will be rewarded. If you could think of a problem around the people in your area, and solve it, then it will provide you with cash. It could come in from of innovation, which is modifying what is already in existence. I mean doing something different and more attractive.
8. If you have a vision, the vision will attract provision.
I vividly remember the day when I conceived the idea to put all my creativity and initiative is online after gathering them. There was no money to publish it. I decide to the take the information to individuals who then contributed the money for the publication. The vision actually attracted the provision. What people are looking for in a person who has got a vision is just integrity, honesty and determination to pay the price. The money will be made available.
9. Lack of idea is lack of cash. Think out an idea and boom, you are on your way to the bank.
A man stood at a corner, rand a bell and began singing. While he was singing and dancing, a comedian came around and after a little fun, they solicited for cash and on-lookers gave them money. I was delivering lectures at my school when the CD idea came to me. I need the support of the school of the government. I had to bend that is, come low by providing envelops for the students to support the idea. I realized $400 after two months.
10. Money is a means; vision is the end; so use the means to achieve the end.
A man with a vision will always win so long he is determined to. The means will be higher if the end is greater.

Watch out for second edition.
Mark ibekwe