RECESSIONS ARE BAD FOR FULL TIME EMPLOYEES.

If you have a job, NO MATTER HOW WELL PAID, and you are not doing a side business or investing aggressively to earn passive income, with the kind of back to back recession Nigeria is experiencing, YOU MAY BE IN BIG TROUBLE WITHIN MONTHS OR NEXT FEW YEARS.

You see, Naira is so weak; weak to the point that international fiscal community is advising the Nigerian government to redefine our currency. And the bills are climbing astronomically. These past 90 days alone, I have spent an average of N10,000 ($21) on power every 6 days, instead of 40 days that it used to be. I refuel my car every 6 days for about N10,000 instead of every 10-11 days that it used to be. Food costs have gone up by 100%. Etc.

If you were earning N100,000 in the last 5 years, it is like earning N40,000 today. That is the sad truth. So if your revenue or income is not increasing, you are actually POORER BY THE DAY.

My income and revenue have increased in Naira by about 300% in the last 4 years but guess what, it is like I have only MAINTAINED my Naira income by same measure. IT HAS NOT INCREASED because Inflation and Recession have eaten into the increase.

A WORD IS ENOUGH FOR THE WISE.

Embrace entrepreneurship and start something small which can augment what you’re earning on your job.

Get my books: BASED ON LOGISTICS and FANS DON’T PAY to dig deeper into this matter. If you need coaching, sign up for my PRIORITY COACHING of 2021. THERE IS ONLY ONE SLOT LEFT.

Whatever you need to do TO EARN MORE in 2021, please do it. If you can earn more in non-Nigerian currency, do it.

Don’t be an economic dummy. Be wise.

m a k t u b!!!

SO