How to Create Wealth in Nigeria with Little Money

Creating wealth is considered by many as the most difficult thing on earth. Many has concluded they will never be wealthy in their lifetime. But is it really difficult to master the secret to create wealth and ultimately build long lasting wealth and prosperity? No! Creating wealth is far more simpler that you ever thought, if only you can follow the realistic and practicable approach.

Obviously there are millions of articles and tutorials out there on how to create wealth. No doubt about that but, are these tutorials and suggestions really practicable? Have you been able to create wealth by applying anyone of these suggestions?

What you are about to read now is probably the easiest approach to wealth creation. It is a clear road map and age defying principle that can work for anyone including you. It doesn’t matter who you are! And, by the time you are done reading this, you will be half way towards sustainable wealth creation. But if after reading this and you are still stocked and confused, then know that your case has gone beyond remedy.

First, let’s try to define what wealth creation means. Wealth creation is the act of acquiring valuable possessions to increase ones affluence and resource control that guarantees prosperity. You are considered to be wealthy when you have so much money and material possessions. Much more than you can possibly spend. It is a state of being rich. Knowing fully well that there exist some people who are not comfortable to being wealthy, I want to state clearly that this article is for those who desires to create wealth and becomes prosperous. If you are not comfortable with that please, read no further!

One thing I want to assure you is that you will start creating wealth after reading this. And the best part is that you can apply this strategy in anything you are doing right now. It doesn’t matter how much you have, you can create wealth using this principle. The principle of compounding.

 

What Is Principle Of Compounding?
What I want to explain here is similar to the economic theory of compound interest. According to Wikipedia, “Compound interest arises when interest is added to the principal, so that, from that moment on, the interest that has been added also earns interest. This addition of interest to the principal is called compounding”. Let me explain it this way – Principal is your initial investment, while Interest is your profit on investment. When Interest is added to the Principal the resultant product is Compounding instrument.

Using more practicable compounding illustration, let me explain how you can feed a nation with a seed of corn within five years. I call this formula “Corn Theory”.

 

 

1. First Year Experiment
Plant a Seed of Corn this year (at this point a seed of corn is worth almost nothing) then allow it to germinate and nurture it to growth. That one seed will product two heads (ears) of corn with each having about 500 seeds, making a total of 1,000 seeds.

 

2. Second Year Experiment
Plants the whole 1,000 seeds and nurture them the same way you nurtured the one seed planted last year so that they will be no disparity in productivity. If each produces 500 seeds, you will have 500 x 1,000 = 500,000 corn seeds.

 

3. Third Year Experiment
Take the whole 500,000 seeds to farm and plant, nurture them the way you did the previous ones. All things being equal, you can expect the same productive harvest. This time, 500 x 500,000 = 250,000,000 seeds.

Now let’s assume that 1million seeds is equals to a bag of corn, 250million seeds should therefore amount to 250bags of corn.

 

4. Fourth Year Experiment
Since 500,000 seeds produced 250bags and each bag contains 1million seeds, A bag of corn will produce 500Bags of corn in return. Following this order, 250bags of corn will produce 500 x 250 = 125,000 Bags of corn

 

5. Fifth Year Experiment
Applying the same geometric sequences in the principle of compounding, 125,000 bags with each producing 500 bags will arrive at 500 x 125,000 = 62,500,000 Bags of corn!

These would be more than enough to feed even a hungry nation as big as Argentina. Remember where we started – from only one seed and reasonably expanded to over 62million bags of corn. This is what I mean by Creating Wealth through principle of compounding and multiplication. Can you apply it in your business? This principle can be applied in any business you are doing, it doesn’t matter how small it is. Just as we started this theory with one seed of corn and multiplied it to 62million bags, you can start with $1 and multiply to $62,000,000 by applying the same strategy. It works like magic and it work for everyone.

 

Why People Are Not Creating Wealth
Imagine your result in the next ten years if you plant one seed of corn this year, harvest two ears, eat all the seeds, reserving just one seed to be planted the following year? Next year you plant one seed again and harvest just another two ears. You wouldn’t produce more than 20 ears of corn put together In the next ten years. Sadly, that is exactly how most people do their business. They invest the initial capital, make some profits, save it somewhere to lay fallow until one problem comes and take the money. They continue again in the same circle.

Wealth can be created only when you are able to maximize your profit through compounding. Invest your initial capital, make some profit, reinvest the profit together with the capital, make more profit, reinvest again and again until you becomes wealthy. Money is not meant to be kept so long in a bank. If you do, the bank will use the money to create more money and pay you nothing in return. Instead, you will pay COT and other charges for using your money to create wealth.

This is what many people are not yet doing, explaining why they are in poverty. Wealthy people like Bill Gate, Carlos Slim and the rest, they don’t keep money laying fallow in the bank. In fact, they keep taking from the bank and adding to their businesses because they know what money can do when compounded. That is the reason they are wealthy. They understand the principle of money and tend to utilize it effectively.

 

What You Must Do To Create Wealth
Simple! Follow the principle we just analyzed, apply it with the money you have now. Wait and watch it grow like grass and you will become wealthy. Let’s say for instance you have $200, look for a profitable business now and invest it. Before you go ahead, you must carry out due diligence to determine which available investment is profitable. Do not invest base on sentiment. You can as well start a small trade with the money. Make sure whatever you decides to invest in will be a worthwhile investment.

Having invested the $200, work around it to make profit of $100, giving you a total of $300.

Reinvest the $300 to make another profit of $150, now you have $450

Invest the whole $450, make profit of $200. Continue in that process for three years and see what the result will look like.

This system is so sure that I can bet anything on it. After following this my principle of compounding and you are not wealthy within five years, I will divide what I have and give you half. Go ahead a dare me! But, if you become wealthy with this process, I will take just 10% of your wealth.

 

Source: Wealth Result

139 Comments

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  1. this is very informative and educative.

    1. Yes for real

    2. U’re right

  2. Very informative and educative post

  3. Very interesting

  4. Quite helpful though

  5. Yes for all

  6. Had it been its easy it will be very good. Most of this online job can’t be trusted.

  7. Is very educative and enlighten

  8. Very good and motiative words

  9. Abdulfatai ibraheem

    To be sincere, if this should continue the way things are going on here,something will change to better….

  10. This is very informative

  11. This is exactly what the Nigerian youth need to overcome hardship

  12. I bet this is beneficial, can’t wait to share this with my business friend

  13. That’s great
    This has really helped alot

  14. Very wonderful update , thanks for this

  15. Very nice nd helpful indeed

  16. The Nigerians need it

  17. Am inspired in this article nice one am happy to go through it

  18. I’m motivated

  19. This is really powerful

  20. This is good, it will reduce unemployment in nigeria

  21. This is a sure way of making extra income

  22. Grab intuition

  23. An educative and inspiration word

  24. An educative and inspiration word. If a person follow dis words of wisdom GE or she can make something gud with her life

  25. Getpaid is very up to date

  26. This is really good and interesting

  27. A very good way to stop poverty

  28. Thank u very much GETPAID

  29. this is good but truth is, it’s easier said than done. businesses with little start up capital hardly thrive in this country. they either remain small or wind up at some point. only few make it and expand reasonably

  30. Thanks for the update get paid you are the best

  31. It’s easier said than done. It may not be as it seems

  32. very good information to the society

  33. Nice update

  34. hahaha everbody is looking for mony menh

  35. This is very encouraging

  36. This a nice one

  37. These is so so legit

  38. Wao interesting

  39. This is real

  40. This is wonderful

  41. this is very informative and educative.

  42. This is enlightening

  43. Food for thought

  44. Good initiative. This is what Nigerians need.

  45. It will really help us

  46. great creative skill development

  47. Really informative & educative.I love this.

  48. Very sensitive idea

  49. That’s really nice. Thank God for being a Nigerian.

  50. Get paid is helping Nigerian to stand on their own

  51. get paid is more or less an employer/industry for my country

  52. This is very helpful and informative

  53. Will sure share with you!this is a real eye opener,compounding it is for me from now henceforth!

  54. Quite educative

  55. Get paid is very good industry

  56. Noted…weldone.

  57. True talk,thanks

  58. Very goog nd educative
    I love dis

  59. Cool..thanks the info.very educative

  60. Very straightforward and comprehensive, I lover it

  61. Well articulated .

  62. Very yieldful and innovative

  63. This information is really handy and will really add to businesses to survive and gain stamina. Wish we can imbibe a reading ability.

  64. This is informative and educative. I think I’ll have to hold a meeting with my multi level marketing partners and discuss this with them. Its gonna be a wow! at the end.

  65. This post is very informative and came at the right time. Now I will a rain check and correct where I made mistake concerning my business

  66. So interesting and informative

  67. I found dis useful

  68. Good ideas, I like it

  69. This is very educative and informative. We must cultivate the culture of saving no matter how little.

  70. Good information. This will help me.

  71. Yeah for real

  72. Very inspiring

  73. Very educative

  74. this post is very helpful in life

  75. A vital information

  76. This is a nice piece

  77. I prefer to be rich,so long as it is my hard work

  78. It’s a helpful information

  79. This is educative I think it will change the economy of the country if practiced

  80. Kudos to the writer

  81. yes this is a motivational message.

  82. If only we could go by this, I could have changed so many lives

  83. This is a beautiful way though.

  84. Helps financially

  85. very very Educative

  86. truely, information is the to success. bravo bro for this wonderful piece of inforation

  87. Inpertice is the Problem behide it.

  88. This is very educative and motivational

  89. Hahababababahahahah this guy’s funny,how am I gonna see u so u can devide what u have

  90. it’s fine and for prudent people

  91. I have always told people this same things

  92. Wow,this is an eye opener. Lovely piece

  93. Very educative info

  94. That’s cool information

  95. Nice information but easier said than done.

  96. Nice information

  97. Great and beneficial

  98. Good one here

  99. Thanks for showing us the way

  100. highly motivating. can you share some areas that one can investing please.

  101. Hahababababahahahah this guy’s funny,how am I gonna see u so u can devide what u have

  102. Very informative and eye opening article

  103. Serious mater

  104. This is very good

  105. This is very good

  106. Really interesting

  107. Thanks for this wonderful piece, I really learnt alot

  108. Wow! Nice piece

  109. This is very good very educative nd informative,is really helping us to earn no matter how little it is,is also keeping us busy,we ar really learning everyday

  110. I really learnt alot.. Thanks

  111. Interesting, thanks

  112. Very educating.

  113. Has inspired me for growth

  114. Israel it will only cost us our time that is. to be hardworking

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