Hi.
I have been doing a lot of reading lately towards becoming Nigeria’s biggest,
most successful start-up founder who was born in Nigeria and never traveled out of Nigeria. (Well, that is technically a lie as my mum took me with her to
New Jersey, USA when I was one. But I am sure you get the gist anyway, lol.)
I
want to help you make money easily, especially online. And what Credicoins hope
to do is automate that!
My
reading has ranged from angel investing and venture capitalism, to ACCA’s
accounting, to entrepreneurship, to algorithms, personal finance, Forex/sports
betting/online trading, investments, medicine, researching for blog posts, and
many more....
The
truth is that if I really wanted to write everyday on this blog I can, but I
can’t (at least for now).
Why?!
Knowledge
is good, but cash is king (Eccl 9:15-16, 10:19).
Now
isn’t the time to speak so much...but to learn and more importantly, practice!
What is the essence of having so much knowledge and very few experiences under
your belt, i.e. so little money (physically) in your bank account?
The
first scripture verse above says that a poor man whose wisdom saved a city will
still be ignored afterwards. Even Africans, unfortunately, do not value people,
no matter how knowledgeable they are, except by the size of their house, the millions
in their bank account, and the ‘badness’ of their SUV(s). And they sometimes
take it too far when they glorify thieving politicians, fraudsters, and robbers
because of their wealth.
The
second verse says that money can give you all (these) things.
Automating
my Forex trading strategies, and everything else
The
other day I was with a Forex-programmer friend who writes expert advisors. He
had told me to come over and share my strategy with him so that he can automate
it for me. And thinking about it, I have been obsessing about automating not
just my Forex strategies, but also all of my investment ideas- from Stock
trading, to starting and running a new (online) company even if it is just a
blog, sports betting (a couple of people have been calling me on that),
teaching Forex and ways of making money online (I should start making videos on
that very soon too), and so on.
Of
course, I have already preached here the importance of automation. To be wealthy,
you must save. And you need to automate your savings habit. And that is where
my idea of Credicoins originated from –helping Africans automate their savings, and then automatically investing the savings by achieving their financial goals simultaneously,
online and offline.
However,
I want to do that first for myself before eventually doing that on
credicoins.com. Now, that does not mean one hinders the other, or that they are mutually exclusive. No! It just
means I have personally added a new financial goal to automate all the ways in
which I (have ever and will ever) make money.
The
earlier you automate, the wealthier you can be
Here
is a list, in no particular order, of all the ways in which I (can and have)
made money in my 30 years on earth. I have blog posts already on (how I have
automated) most of them but I hope to automate others in the coming years:
- Raised money from my Parents, family and friends;
- In 2012, I won N1 million (about $6000 then) on Who Wants To Be A Millionaire, and then taught others to do same;
- Practicing Medicine;
- Trading Forex and sports betting online, including arbitrage trading;
- TeachingForex, and other ways of making money;
- Blogging, online marketing;
- Offline Stocks trading (buying from a broker);
- Royalties from speaking engagements;
- Royalties from my songs composition/singing engagements;
- Selling my used and worn out items for money (online and offline)
- Freelance writing, publishing my manuscripts;
- Selling equity in my start-up company, Credicoins Network Limited;
- Winning contests offline and online, including winning the 2011 ARD (association of resident doctors’) Last Man Standing medical and current affairs quiz competition, newspaper contests, etc.
And
many other ways....
You
see, I can easily make/raise money. What I need however, is to spend less, and automate
all of that so that I retain more of the monies I get.
I
challenge you to do the same for yourself
Sit down sometimes this week and write out every single way you have made money since you were born, and the potentials you have to make money. While
your own list might not be as long and diverse as mine, you will soon learn that no man,
including you, is so poor and disadvantaged as to not have talents/skills/hobbies
that can be monetized.
Of
digital currencies
Finally,
I was also reading and researching about Bitcoin the other day, and these online ‘coin’ thing –
didn’t know that there are a lot of them. I saw Litecoin, Kobocoin, Blackcoin, Digitalcoin, Earthcoin, Mintcoin, etc. Of
course, so many want to ride on Bitcoins' success.[Please note that Credicoins
is not a digital currency. Even though I hope that it will be some day, it will
start by being denominated in Naira and Dollars].
Please note that even though I sometimes use I when referring to Credicoins, it is a company with directors and shareholders and employees (yes, we are starting operations next month with two programmers who will report to work everyday)- Credicoins is far bigger than I!
Thank
you for reading. Please share with others if you think they will gain some
wisdom.
Cheers!
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