THE BREADWINNER'S QUESTIONS ON BUSINESS AND FAMILY

THE BREADWINNER'S QUESTIONS ON BUSINESS AND FAMILY

I have a cobbler-turned-friend who is amazing at what he does. From time to time, he comes over to see me for entrepreneurial advice and says he has employed some guys to work for him to help improve his delivery time but he has two issues;
1) He is looking for what to do next with is life or another job hustle to make more money
2) He needs more money to give his brother who is in school since he is the firstborn and breadwinner of the family.
I’m very sure a lot of people find themselves in this situation and do not know what to do, while others will say it is a very simple challenge to solve, however, I have learnt to always find and show people a way out.
Well, I started with advising him on what next! I asked him if he knew that his business can potentially bring him millions of cash within 6 months. His response? He had a few doubts about the “millions” but he started to get gingered about a substantial amount that could take him higher than his current level. Then I told him that his next stage that could change everything is to stop thinking mediocre, chase a million mindsets and then pull in a revenue if millions from his business because the answer lies within him and not outside.
I told him to start thinking of his business as a brand that has to be mentioned in every house and to start acting like someone who is in the global market. So what next? Take the following steps;
– Make a Brand name.
– Create awareness on social media and any form of simple mode of an advert.
– Be unique in your work and get your clients refer you to new ones.
– Start thinking of a global market audience and act on it.
When he gets occupied with the following steps he will not need to drift from his gift and talent in shoe making and I believe he will make a great impact.
Next was with the family issues and payment he has been making. I told him that the answer to his problem is budgeting, told him he lacked proper budgeting which would have to help him a great deal.
I started with two illustrations;
Me: What will you do if you have no money, you have nobody to lend you money and your family is on your neck for money?
Him: I will tell them I have no money.
Me: Will it kill you?
Him: No, but I’ll feel bad.
Me: If we resolve the feeling, will you be settled?
Him: Yes!
Next illustration;
Me: If your family was earning salaries, will they spend more than what they earn or live their life around what they earn?
Him: They will live on what they earn and stay within the limit.
And I said there you have your answer; place your family on a certain budget and ensure you spell it out for them. This will serve as salaries to them and they will live their life around it and not go way passed it. This will help you a big deal to plan your expenses properly and not for your family to come at random times to ask for money when they feel broke or when unnecessary luxury comes up.
You have to learn to get involved with your spending and have a proper monitoring of the finance, this has helped me a great deal in limiting the way I have been asked for money. It also helps you save money for rainy days so you do not need to borrow money or look for it to get them out.
Budgeting is a broad topic that we’ll talk about in detail, but I have to say that most of us that go through a similar case like this need to plan and budget their life and also business properly. Not all equipment or extra hand is NEEDED. Do the needful, and you can sort out the wants later.
Thank you for reading this, please kindly share with friends and family that will need to learn from this.

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