Have you ever heard the saying, lack of money is a little bit of a problem? You know what? Absence of money is never, ever a problem, and you shouldn’t dwell on this. What I mean by that, lack of money is simply a symptom of the problem, but it is not the cause of the problem.
How to be successful in Nigeria 2020
What the problem is, is a lack of skill. Have you ever heard stories of lottery winners who suddenly win and huge sums of money come into their lives, Ater getting millions of dollars, but later found themselves a few years later broke, bankrupt? Sometimes, worse off is when they have the finances?
They have money but they don’t have the skills of the rich. I am rich, not because of my money, cause I started with no money. I was in debt. I was hundreds of thousands of naira in debt. I am rich, successful and debt-free because of my skills.
So, today I am going to teach you the seven skills that I have mastered. There are seven traits that I know you need to understand and perfect if you want to be rich. Now, as I go through each skill, I want you to ask yourself the question, and comment below and rate yourself from a zero to 1. Zero being horrible like you suck, and 10 being world-class. So, here we go.
7 Skills That Will Make You Rich in Nigeria 2020
Skill Number 1: The ability to talk to customers convincingly.
I call that closing skill. Do you know how to close? Can you articulate the value of what you do to your potential clients? Do you know how to ask powerful questions that compel people to buy? is it accurate to say that you are happy conversing with outsiders, introducing your thoughts, showing your product or service?
Closing skill, I believe, is one of the most important, if not the most important skill you need to master if you want to be rich in Nigeria in 2020. When you are talking to customers, you’re closing. When you’re talking to vendors, try to persuade them to give you better terms, Guess what? You are closing. When you’re talking to your employees, you are closing. So, that’s still number one.
Skill Number 2: The ability to speak to groups.
I call that public speaking skill. You see, do you know the number one fear that most people have in life? It’s not a snake and it’s not even death. The main dread that most people have is public speaking. Now, why do so many people, why are they afraid of speaking to groups? Most of the time, because they worry about if they gonna sound stupid, or how do they look, or they are afraid because they might say something wrong. All these things, but you look at great leaders, almost all great leaders, they’re all great public speakers, such as steve jobs, right? Such as Tony Robbins, Warren Buffett. One of the skills that changed my life is public speaking.
When I joined Irawo’s Forum years ago, because I wanted to improve my English, and also reduce my accent, and I was improving myself through public speaking. I developed confidence, self-confidence, through public speaking. So, ask yourself, are you afraid to speak to groups? Do you know how to present your ideas to groups? Can you communicate with conviction and certainty? Can you interact with your audience? Maybe you get sweaty palms. Maybe you are like me, in the beginning, your face will turn pale, your knees would be locked. That’s okay. It is a learnable skill, but to be rich, public speaking is one of the most valuable skills that you must master.
Skill Number 3 : The ability to communicate with words in print, or what I call persuasion in print.
I refer to that as your copywriting skill. Now, notice that I said copywriting skill. Now, copywriting, I am not talking about being all grammatically correct, although it is good to do that, I’m not talking about what you learn in school, academic writing, I am talking about communication. I am talking about, maybe it’s your webpage, your video.I am talking about your email.
How do you communicate with the written words? Now, why is this so important? Because, in day-to-day communication, the emails you send, all the social media posts, the agreement, the contract, your landing post, or your blog. A lot of that is written communication and when you know how to communicate effectively through the written words, it gives you a tremendous amount of leverage. Let me give you a perfect example: Let’s say you created a social media post and you have a decent amount of following, that gives you leverage because what you see and what you write, that is seen by hundreds of people, thousands of people. In my case, it could be millions of people.
Copywriting is the very first skill that I developed as a Young Man, and that’s the skill that changed my life. How I went from losing money and not making enough money to earning$1,000 a month, in my early 20’s. So, copywriting. Now that is not taught in school. School taught us writing, but it did not teach us copywriting, so that’s still number three, the ability to communicate with words in print.
Skill Number 4: The ability to communicate effectively with your team.
I am talking about your leadership skill. You need to be a strong communicator to be a successful leader. Do you know what the vision is for your company, and are you communicating that with your team members? Do you tell, the concept, to your pairs? Do you know how to create a good culture within your organization? You see, all of that is a leadership skill. Business is not a solo sport.
Business is also an intellectual sport, but it is also a team sport. It is an organization. You are only as good as your team. It is very, very important to develop that leadership ability to be able to inspire, to motivate and lead your team.
Skill Number 5: The ability to manage and organize your time for maximum results.
Some people prefer to call this time management. I refer that as priority management because, at the end of the day, we all only have24 hours a day, seven days a week, and 365 days a year. You cannot manage time because we all have the same amount of time. However, what you can manage, is your priorities. What are the important things you’ve got to focus on? One of the important things that would move the needle, that will help you move closer to your goals. The problem is, school never taught us how do we manage our priorities, right?
You do your homework, you are taking exams, you’re taking care of your family, you’re doing a bunch of different things, but most people will never take the time to slow down and look at what we do, and ask ourselves, okay, why am I even doing this at all?What is the pay-off of these activities? We never ask ourselves those profound questions, and, at the end of the day, priority management is self-management.
How do you manage yourself? And, if every single day, you can manage your time efficiently and effectively, and you focus on just a handful of things, that two or three things you know if you keep doing that consistently, will get you the results that you want. So, rich people understand that and realize the value of their time, and that’s why they avoid, what I call, minimum wage activities. If someone can get the job done, costing you less than what your time is worth, we delegate it.So, that’s skill number five.
Skill Number 6: The ability to read financial statements.
I call that financial literacy skill. Now, this skill is not taught in school. In school, how do we measure how well we do? Your school card. Are you getting an ‘A’, a ‘B’, or a “C’?In the real world, in the business world, we look at the financial statements. Your financial statements, they are your scorecard. It tells us how well you are doing financially. How well are you managing your money? Now, you may say, “Well, Ace, are you asking me to be an accountant, or take an accounting course, or be an auditor, things like that? “No, but you do need to know the voice of money. Financial knowledge, that’s the language of money, how money operates.
Your balance sheet, your income report, your cash flow record. When you look at the statement, you look at numbers and you’re like, “Oh my god, man, I don’t know what’s going on,” or, “I’m not making enough money this year, in this poll”, or, “I’m having a loss this year in business,” or can you read between the lines? What is it telling me? What is the story? How am I managing my money, right? And you need to understand the basics of some of these vocabularies of money: credit score, return on investment, profit and loss, capital gain, capital loss, depreciation. A lot of these words, that is what you have to understand. You cannot improve something you don’t measure. So, financial literacy, and it is extremely, an extremely important skill you must master if you want to be rich.
Skill Number 7: The most important skill out of them all, and that is
I call that your mindset skill. Frustration, negativity, fear, envy, depression, limiting beliefs, procrastination. How do you manage your emotions? How do you manage your mind? You see, you could get all of the other six skills right, and you can master all other six skills, but if you don’t have your mindset right, it is not going to work.
I’ve said it many times, the book that Napoleon Hill wrote, its called Think and Grow Rich, part of thinking is managing your mind. What are you feeding in your mind? How many times do you know exactly what you need to do to accomplish your goal, to achieve the result, but you cannot get yourself to do it because of procrastination.
Maybe, how many times in your life you have opportunities slip through your fingers and you can not get yourself to step up and take action because of self-limiting belief. Or, what about, how many times that you know that other people believe in you but you donat believe in yourself because of self-limiting belief. That’s all mindset skill. So, those are the 7 skills that will make you rich. If you want to know how I went from poverty consciousness, a poverty mindset, to a millionaire mindset, Adopt the skills listed above.
Lao Tzu said it best: knowing others is intelligence, but knowing yourself, that’s true wisdom. Mastering others is strength, but mastering yourself, that’s true power.