BCCP 103: The Power of Taking Risks in Investment in Business- Your Pathway to Wealth

This is a very important part of this course that I don’t want you to miss, because it is where the GOLD MINE of your business lies and the eventual outcome.

Every successful enterprise or business has had to take risks one time or the other to advance in their business genre.

Not taking risks is not stretching your business wide and deep. Taking risks is stepping into the unknown but at the same time, it doesn’t need to be so.

What do I mean? It means that you need to do what Warren Buffett call your CENTRE OF COMPETENCE. What does that mean? It means YOU NEED TO INVEST IN WHAT YOU HAVE ADEQUATE AND RELEVANT INFORMATION IN.

Many just launch into any investment THEY THINK HAS THE POTENTIAL TO YIELD RETURNS. They believe the FINANCIAL EXPERT.

By my past investigation and wealth building, my tutors made me know that your so called financial experts deal in the 2nd type of risk I will share with you shortly and leave you in the dark for.

You see this is why Warren Buffett advices that YOU BE YOUR FINANCIAL EXPERT. IDENTIFY YOUR CENTRE OF INVESTMENT COMPETENCY.

It is very important.

Now in knowing this, you must understand how CASH FLOWS. Once you understand this, your investment risk taking will be highly minimal but accurate. Since I understood this, I have made risks upon risks that have yielded me returns on my investment again and again.

Now there are 4 types of Cash Flows as Robert Kiyosaki outlines which he calls the Cash Flow Quadrant.

A. Employee.

B. Self-Employed.

C. Business Owners.

D. Investors.

This is the way money flows. If you are ever going to be rich and wealthy and have abundance, you must end in the FOURTH CASH FLOW QUADRANT: THE INVESTOR.

CASH FLOW A: The Employee

Now the employee has a cash flow because he is being paid by his employer who controls his time and everything that revolves around him. He is not free. He can’t have access to anything good in life because his boss determines that for him. His liabilities i.e. his expenses are more than the money at hand. Here he works for the money. Please note that.

CASH FLOW B: The Self-Employed.

Here this cash flow deals with someone who has a business he created himself i.e. he works for himself. He is not yet a business owner. Why? Because here he is an artisan, launderer, fashion designer etc. Here he too works for the money. Note that again.

CASH FLOW C: The Business Owner

In this cash flow, it is different. A work force, an enterprise, a company is born. Here you become the CEO. You are not just self-employed, you are the owner of that business. You are an Entrepreneur and this time you own your life, your time, your world and no one can sack you!

Cash FLOW D: The Investor

Here you can build assets and build it into millions. However, you won’t experience abundance, UNTIL YOU LET YOUR MONEY WORK FOR YOU and this is where the CASH FLOW D comes in: THE INVESTOR.

Now I am not asking you to do something stupid after reading this and you go resign from your daily work after reading this. NO!

You will work from Cash flow A to D.

Every investor has had to flow from A to D and you too are going to do the same.

So while you work as an employee, you aim to increase your cash flow into B, then C and then I.

Now can you jump the quadrant? Oh yes, you can invest as an employee or as a self-employed person or as a business owner.

However, you need to know and have adequate and relevant information on the type of investment you will like to do.

This is where RELEVANT AND ADEQUATE AND CORRECT information on investment wins and this is where people are scared of taking risks.

They have been beaten by past investments. This is due to their lack of the two type of risks in investment.

Types of Risks.

There are 2 types of risks

1. Blind Risks

This is the risk many people fall into. This is the risk that they see others do and they jump into it without having thorough knowledge about them. This kind of risk I called the RISK CAUSED BY INFLUENCE.

It is a risk people fall into because they think is viable because others are doing it and are getting returns or some members of their families are doing it and are getting results or their friends are involved and so looks lucrative and BOOM! Their hard earned money goes down the drain! They become bitter and angry.

Well, they should have done the second risk I call CALCULATED AND ANALYZED RISK.

2. Calculated and Analyzed Risk

This kind of risk is the risk that deals with ADEQUATE, THOROUGH AND RELEVANT INFORMATION on the investment subject matter.

This is what I realized that successful investors like Warren Buffett, Robert Kiyosaki, Donald Trump, Scott Anderson, Gettburgs etc use before venturing into any investment whatsoever.

I mean they need to see the end of the investment and how it works to the end of that investment before ever going into it.

Sometimes it may take months before they eventually make their final decision and do they make their returns? On yes they do and most of the time too.

You see, this is where knowing about your type of investment comes in. you should be an expert in an area of investment.

For instance, I MAJOR IN WHAT I CALL KINGDOM INVESTMENT. This is investing into God’s kingdom and I just don’t invest, I know where I can sow my seed that can yield abundance for me according to the scriptures. You don’t need to know that and you don’t need to do that. That is my own CENTRE OF COMPETENCE IN INVESTMENT as you need to identify yours and I have been doing it for 17 years straight and being blessed amazingly by God for it. So I stuck with it.

My second centre of competence in investment is in my online business: SFI and my online store known as Yeshua Online Store.

Here, I know my way around the business that I am able to incur returns on my investment again and again.

For instance, I invested $15 into an advertising Economic Commerce Associate at SFI to promote my online store for me.

Well before the end of the tenure of my investment, orders began to come. I made a turnover of $61.50!

Now how did I know? Well, I was getting orders from my products that I never promoted myself.

When I checked the ECA website I realized that two of my products were been advertised.

My business digital product: 30 Ways to Create Sales in Your Business and one of my health supplements: Moringa Oleifera Tea.

I was promoting the first one but not the 2nd. All my sales came from the second. It was then I knew that my investment and risk was worth it. I had quadrupled my investment.

And since then this has been my pattern of investing.

Well, is it all my investments that pays off for me? Well, some takes some time to show as it depends on some other factors.

I realized also that there are THREE LEVELS OF RETURNS ON INVESTMENT:

A. Short term: This is a returns you get within a short period when you invest. Sometimes they are in the immediate and sometimes they may take weeks.

B. Mid Term: This kind runs into months to yield dividends or returns.

C. Long Term: This kind runs into years before returns can be visible.

These levels of returns on investment are what leads into multiple or streams of incomes for the wealthy and the rich and you need to know which one of your investments is in each level and do ALL LEVELS.

Fixed deposits or mutual funds or shares etc fall the long term level. We can categorize forex into the short or mid-term returns. Real estate can be categorized in the mid-term or long term returns depending on how fast you are able to sell a house. Sometimes it can be on level 1.

I do the three and so should you.

To round this course off, I want you to understand that there are 2 MAJOR TYPES OF INVESTORS.

I. Bad investors: This I will categorize on people who go by the blind risk type of risk. They just jump into whatever they are asked to invest into without thorough investigation into the scheme.

II. Wise and Smart Investors: They are the people who first analyse and then calculate the end result of where their investment will lead them and how to get out fast should anything go wrong.

This kind of investors combine the following financial gems:

A. Investment

B. Wisdom.

So it is not enough to know investment, it is also important to know when to pull out. Not knowing when to pull out is where you see people lose a lot of money they had made in their investments.

For instance, this happens a lot to people who are into the stock exchange investment and Forex trading.

Many make a lot of money initially and because they are not wise enough to know when to shut down the investment, they end up LOSING EVERYTHING and I mean EVERYTHING.

I have heard of testimonies of people who made $10,000 from an investment of $1000 in Forex and were so greedy to pull out that they lost everything within 3 days! Wow. You see what I am saying that it is not just about investment, YOU NEED TO BE WISE TOO? You need to know when to pull out and rake in your returns! Then reinvest again, if you need too.

You need to keep repeating the procedure above if you want to keep making more money via your investments.

To get this full course, kindly contact me and let's talk. thanks.