Topic: Delegate your Income and you'll earn more money (Read 312 times)

Every Rich man took an opportunity available at his disposal very serious, for me information is money, many people buy information, that's for a purpose, there are many life changing information out their but the major problem is how to get the right and useful one, let me use cryptocurrency as an example, there are many information thats is in cryptocurrency that many of us don't know, we only know the basics which are the strategies that are involved in buying cryptocurrency and how to sell if necessary but there much things that can benefit in crypto too.
Yea, some that doesn't have money can really be successful in life but it depends on the person ability to identify opportunity when it calls but though luck plays a good role in every human, destiny is real but for ones destiny to be accomplished he or she must work for it,  first of all before any one can talk about investment, he or she must know a little bit about what he wants to go into and that's normal.

You are absolutely correct, and no be everybody get this kind idea wey u get so and if person even advise such people wey no get this kind idea, dey go tell say mk dem live wetin go kill dem, to go invest for another thing while problem to solve still dey, u see for this life nothing dey give peace of mind reach financial freedom, for example bill gates, see as rich as e dey, no be say na only one source of income dey sustain am o, but e get many business wey e don invest in wey dey give am money again, na so e supposed be, as far as life dey concern, problem go surely dey but e no mean say we go just dey earn money just to solve problems rather than wetin we supposed do na to solve the problems one after the other, that is if we receive salary this week, we use am to invest in another business to generate more money for us den the next payment, we use am to solve problems like that, we go fit eradicate poverty and being earning in not just one business but several businesses, that way we will embrace financial freedom.

Permit me to say that, this post is really awesome, I mean is great. Yes, if you want to get more money you spend more money that is fact because you can't be spending little or no money and expect huge outcome/profit. It's just like people that play bet with 10, 50, 100 Naira expecting to win millions of Naira, and for you to get odd that will bring out am amazing profit you find out that the risk will be much and if you say you want to play less odd the question is how much are you going to win with 50 or 100 Naira? You see it is very difficult to start when you don't have plenty or enough of it but someone who has money won't stress for so much odd all he/she will do is pick like 2 or 3 odds knack am with 1million depending on his choice, you can see that the rich man has more chance, I mean the possibility of winning because the odds is small and much game where not selected but if it doesn't come the loss will be huge. I can remember a foreign artist (Drake) that use to play bet in thousands and millions of dollars and one thing I observed is that plenty money will make you take more risk and do more.

Now, this two set of people we are talking about are operating under risk, the poor person is very scared to loss his small hard earned money because he knows what he pass through to get it while the rich person most times don't care if it will cut or not because the chance is always 50/50 and It's nothing to them because risk is what brought them that far and they can easily make it back. Though the poor man loss is nothing compared to the rich man loss but trust me the poor man loss is a whole lot to him.

NOTE. Rich men are always on better/good ground to make more money but their risk is higher.

Profits and loses are made, just stay lowkey and never posts about your hustle but funny memes online, a private life is finally achieved. We trade crypto as part hustle but ready to take it to the next level because evidence have persuaded me to do so. The struggle alone to divert to high class is not easy but we just have to do what we think is right. The rich will always stay at the top while the poor will continue to struggle because they think every possible opportunity made available that particularly prints money is called scam.

I counts a lot of productiveness to your opinion. Some times we actually don't have to consider reaching a great height with the application of money but connections which is the networking.
Networking with the rightful source is the ultimacy to outcome profitabilities. We can be successful even on w zero level in as much as we are surrounded with those who've positive dreams for us whom might be beneath.
Just as side, as you said, we either get to this forum by recommendations of someone or through the media while on a zero income but while we're in communication and being educated in the forum, we're being opportuned to how how we earn bitcoin with zero capitals such as referral programs, stake rewards, give away and mining.

Right about here we've been opportuned to make money through accumulations of bitcoin in many ways so, let's consider making more more.
We actually consider making more money when we've either expended or had diversified our sources of income. Just as the Op has also said, we don't rely basically on onr source of incok if weuwy grow to give additional counts of our networth. We must be creative and entrepreneurly be connected to other factors with the potentials of yielding incomes if we get our money invested in it,
Responsibilities just as said is also one thing that can enhance the h possibilities of making more money as a fact of taking decisions on spending on necessarily and unnecessarily. So Literally you should prioritize your basic expenditures on the dimensions that'd yield you more money for after money if you'd have to o make more money is chasing the money to gain more practically by investing and inventing otherwise with the potentials of producing more incomes to enlarge your current net worth.

Reading this post now, just give me some soothing relief especially now wey market don nuke heavily. I took on some risks, betting that the outcome of what I'm taking risks on will yield more results vs capital used. While the saying about the first N1M being the hardest to make is right, it's only to an extent because you can "delegate" capital to more ventures and end up with more losses than you bargained for. The only benefit in such a situation is that you come out with more experience and can run it back turbo (go from $0 - $1000 in record time).

Na the matters be that ooo, na money person the use fine money, but first get knowledge before you get the money because na the knowledge go help you invest the money wisely and also not to try to get rich quick,  those who try such never get rich at all, besides they lost everything because greed is a virus.

First be open minded and never invest in anything you jave no knowledge of, amd also when you fine a legit way try to build on it and afterwards diversify to secure your future financial freedom.

When dem dey talk say the hardest money to make is your first ₦1million, you no get wetin dem been dey talk? After you dun first make your first ₦1 million, e no go hard you to make another one because you fit use your money find more money and you already know how to make the ₦1 million again if you dey start form beginning. No dey hide money when you make am, put your money to work and you won't be a poor man. Wetin dey make people become wealthy na say dem sabi how to make sure say then put money wey dey their hand to work as the OP dey talk. Sha as you dey wan use your money to find more money also know say people dey lose everything wey dem get because of wrong Investment so you no supposed dey invest anyhow for anywhere wey you see.

Make you too know say just having money doesn't make you wealthy but having the right information, multiple sources of income and time is what makes you super rich. As you dey get money, no dey fear to invest them wisely. Investing through diversifying shouldn't be taken for granted. Invest in Bitcoin and go elsewhere to look for other opportunities to invest in. Spread your investments across all sectors so your money fit  multiply without limitations and riches go belike water for where you dey.

My bro I get where you are coming from but I must tell you that it's not always the same with some rich guys because I believe the mentality also matters and even the knowledge to know where and how to supposedly delegate the money too counts. Dem get cases of people actually having the money but they don't know how and what to do about it where as some persons are knowledgeable to know this and even work towards am although I think say the ratio is higher sha for rich people to get more money than the rest.

Yes, it's true that the more money a person gets the more he/she is likely to get more money base on his ability to delegate tasks, while reducing stress and increasing productivity. Because what brings money is our ability to provide solution to problems, of which delegating it with the help of more people or A.I robots, will be able to increase productivity at lesser time, as we all know time is money. But however, the secret to earning more money is not all about delegating, as delegating without proper money management is total waste of time. Hence, while we delegate, having patience and the ability to manage funds effectively is another criteria to always look out for.

A man without risk can't make money in his life. Rich people dey like to challenge themselves and others e no fit face any risk way dey come their way and because of dat em still dey poor. Real businessmen use risk management to handle many things. When bitcoin come out, poor people say na Ponzi Scheme but rich invest small amount to see how it works and when they discovered that na legit thing dem come invest am with plenty money. And even now dat bitcoin is rampant in every corner in the world, poor people still dey tok say na Ponzi Scheme. That one na fow dem, anyone wey dey ready to invest go come and invest. And di best time to invest na di dip (bear) market.

Na only money person dey use to find another bigger money again. And na be di hustle be dat. From your original work when received you pay, you go delegate some portion to another areas to get more.

This na sure banker. Na advise wey person go carry go bank. No be lie say nobody wey don make money or wey dey comfortable financially in life wey dey depend only on one source of income. Even people wey dey work 8-5 job must get another thing wey dem go dey manage before dem go even feed well especially for this naija economy. If we check well self, the people wey dey complain too much about this Tinubu government of high inflation na those wey no really get wetin dem dey do as substitute. So e always dey better to have more source of income than relying on just one

With your money you can do that. Na that money wey go make people give you that respect. And if you invest then you don already delegate work to people. If you don build company and other investment, na people you don give responsibility be that to run na and make returns for you that is delegating responsibility.

You are right mate, investment is the key to financial growth. That is why it is good to invest. According to a video I watched some days ago it was saying that no successfullyan made wealth from salary work or by saving in the bank but invest their money. Any money you invest in a good business will yield you profit. That is why you must know the type of business you are investing on if you are capable of doing before it becomes a waste capital.

It is repeated often times that we should not put our eggs in one basket otherwise if anything happens to that one basket,  all will be gone. Those that has one source of income find it difficult to succeed. Just as justbillywitt said that most people have circle of friends but yet can't help each other, it is true you can succeed when you have several businesses and also business couliqe that will assist you either in financial aspect of advice when you need them. Not just haven junks of thousands of friends that wouldn't help you when mAtters arises.

Your words mate is absolutely in the right piece. There are individuals that have a very large circle of friends and acquaintance but with nothing to show up for a positive touch on their life from that crowd. Take for instance, there are persons that have a long log of contact on our phone but when in dare need for a financial support he can scroll from beginning to end of his call log and won't have anyone to come through for him.

That's a waste of circle that's why we all have to surround ourselves with people that can always add value to our life, financial value, information value, and connections that can take us from one height to a higher one.

Some people even have the money but are not privy to the right investment informations because their circle of people are a fleet of parasitic mongers who only want to feed from them with no intent to return back value. In today's world, money and information rules more than anything when it come to making wealth.

It is hard for people to see that the little money they have can actually work for them and bring great return. Waiting for big amount of money before doing any business or investment we have in mind will slowly drag us away from the plans and before you know we start forgetting everything plans we have mapped out.

Delegating our money is essential.because when we do there will be more thought coming in our minds that will make us work harder to diversify oue income flow. From one business to getting two from two we start thinking of getting various business.

No doubt, na money de bring more money and if you de wise when you don hit good amount of money then come try spend am in a good way, it will go a long way in making you more financially strong and stable.

This one follow for why e de necessary make we no carry financial literacy play at all as e be say na how we take spend the money when we get go determine if we go move from being an average person to becoming a potential millionaire in the future. Even our local business people sabi this matters na why them go get one shop for themselves and then open another for thier wife and then as the money de come, them go find way plant different shops for different locations when go help them get more money and the advantage when e go also give you be say you no go too de focused on a single stream of income and if you're be sag anything happen to a source of income, you fit easily diversify or you your another source of income take de hold body till the other one don bounce back to being strong. Everything when get to do with money matter involves series of plans and na the only way we fit take easily scale up into becoming a big figure both for our business and personal life.

You are right, because it is far better to use money to work for more money, and even in this cryptocurrency industries you can see how important it is for holding more coins, because for example when you decide to accumulate bitcoin against any particular price,  you make more profits if you are able to stash more bitcoin because your profits margin will come in proportion with your total holdings.

Same it is with every other aspects of life and business,  you make more profits via the amount you invested as capital.

Delegating is more like diversification of funds or portfolio into other areas to double returns. However, to delegate funds sounds more urgent and seems very achievable in the shortest span possible inorder for it to qualify as one. Whereas, to diversify unlike what Dangote did about throwing his money into other sectors like crude oil, cement, repackaged foodstuffs, is more of a planned and pre scheduled investment plan that may take more execution time than delegating which could be instant and affordable in a way.

For sure, one can only be rich when you stop working for money and money starts working for you. That's the true meaning of financial freedom.

Most of the people in the working class find it very hard to move the upper class because they find themselves working more jobs to get more money than investing more money to make bigger money. If I own a business and it's giving a profit if $100 every month instead of me to be using it to settle daily struggles, if I use it to invest in another business that brings another $100 then it has doubled just like that one can reach financial freedom but when you keep using the profit for settling down then it becomes hard to be the rich person you wish for.

So truly delegating ones funds to make more funds is very much valued in the richer prospect of life.

Sometimes it's not just about money, but the right access to information can transform you from nothing to something. This simply implies that your network or your circle need to be people who can easily share information with you. That's why it's good to surround yourself with people who know what they are doing in life. Most rich men you see today gets richer because they have money to invest in business opportunities that comes up. But with the right information, even someone that doesn't have money can become something. Let's take this forum for example, someone who have us in mind gave us the information about this forum and it has helped us in one way or the other that's what the right information can do for you. Even though you have money, don't invest in something you don't have proper knowledge about, as you may regret doing that.