So you want to be a billionaire?
Alright listen to this, I got it from a friend on Facebook.
If your boss pay you N30,000 per month, assuming you decided to save all without touching a dime, it will take you 36 months to make N1million.
Did I hear you say 3years!?
Absolutely!
But if on the other hand, if you can convince an organisation like Dangote Group to print and supply 5000 umbrellas to them (to be used as souvenirs) and you make just N200 profit per umbrella, in just one day you must have made N1million.
What about becoming a billionaire?
That’s where it gets really crazy!
OK, now let's increase your pay to N1,000,000 per month and you decide to save all without touching a dime. In a year, you must have saved N12 million.
It will take about 84 years before you can make N1billion(Please subtract your current age).
But on the other hand...
Let’s say Nigeria has a population of about 200 million people. If you can supply salt to just 12 million, once in a month and you make just N200 from each person supplied, then in one year, you must have made N2.4billion!
This shows that to become rich, you have to stop talking to bosses and start talking to clients.
You have to stop thinking inside the box and even stop thinking outside the box...
Yes...the box is still a limitation...
You have no idea what your mind is capable of, do you!?
This is what you have to do...
SET YOUR MIND FREE AND THINK LIKE THERE IS NO BOX...
The possibilities are endless...
And that, my friend, is how you can become a billionaire!
I will now simply try to explain the whole process to the best of my ability just in case you didn’t get the moral of the story very well.
To become a billionaire, or rather, to become a millionaire because I think that one is simpler, you will need:
A product
Yes, you need a product or products you will have to ‘sell’ to others. It might be a physical product. It might be a non-physical product but the truth is there must be a product to sell.
In the story above, the product was stuff like umbrellas, salt.
A targeted market
Yes, you need to know those who will want your product. Those people are your targeted market. As part of knowing your market very well, it will be also be good if you can factor in the possible number buyers in your market. This will enable you to know when you eventually hit your profit.
In the story above, the targeted market was politicians, political rallies, everybody who uses salt but as you can see, the targeted market was still be made up of an estimated number of people.
A price
Of course, you need to fix a fair price for your product. Your price shouldn’t be too costly for those who want to patronize you. At the same time, your price shouldn’t be so cheap that your buyers will start thinking your product is inferior.
Knowing the price of your product will surely help in calculating your profit. It will also serve as the feedback in calculation how well your market received your product.
Once you have all these in place, get ready because you are now ready to become a millionaire.
All you need is to find out how you can conveniently vary those three factors or variables.
Do you need to sell to a lesser number of people in your market at a very high price or do you need to sell to a large number of people in your market at a very much reduced price?
That should be your major concern as you make your important business choices and decision.
Now, to become a billionaire is even simpler.
All you need to do is to repeat the whole process that made you a millionaire.
Either by expanding your existing market or discovering some new markets.
That’s all.
In my next posts, I will try to get deeper into this issue of becoming a billionaire because I love the subject so much.
I will be showing you some of the simple steps you can take to become a billionaire.
I know you will be tempted to ask me why not take those steps on my own and become a billionaire by myself since I already claim to know what it takes to become a billionaire instead of disturbing you with all these nonsense theories and pointless talks.
But the truth is that, it is your lazy brain that is actually disturbing you.
It doesn’t want you to take action.
But you need to defeat it first.
Listen.
You need to start thinking big right as from this very moment!
You need to start thinking big right as from this very moment!
The country needs you… yes you!
Our country needs you to become rich.
That’s the only way you can really help the poor.
In fact, that’s only way we can fight and win this engulfing poverty once and for all.
It is not supposed to be a one-man thing.
It is going to be our collective effort.
Like a friend once told me, a rich country is rich because it has so many rich people.
So that is why I am calling upon you right now to start thinking like a billionaire.
First of all, believe that it is very much achievable—that you can actually become a billionaire!
Then start thinking in terms of the products you may have to sell to a million people or more at a very fair or reasonable price. Just in case you are missing it, this is exactly what big companies like Apple, Samsung, Toyota, Google, etc. are all doing.
Also start thinking about a selected market that might want your product, that might be interested in the idea you want to sell to them, that might be needing the type of solution you are offering to them to solve a particular problem or problems they might be having at a very much reasonable cost.
That’s all what it takes for you to kick off your billionaire goal.
And as you will see, you don’t even need to look so far if you are truly in search of what to do.
Like I promised earlier, I will be showing you some of the simple measures you can take to achieve this noble goal and in my future posts, I will be giving you some examples of businesses you can go into to achieve your goal of becoming a billionaire.
So stay tuned.
Alright.
Until then... see you.
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