#73
Short post today because hump day and we have to get moving on making this bag 💰. Another post extract from a Big Chief post (yes, I know I talk about him a lot but we’re all learning here🙄) and this one also talks about one piece of advice he got on securing the bag. Cash is king and in all things, raw hard cash speaks volumes (forget about things like “net worth”. Show me the money.)
In the words of AA, “first of all…let’s get this schmoney”.
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Esama — “50 Million Cash”
One of the people I admire for his wit and sense of humor is Chief Gabriel Osawaru Igbinedion, “The Esama of Benin”. A genuinely self made man who did not allow lack of education stop him from becoming very wealthy.
I had the opportunity to seal a real estate deal with him on behalf of my Principals. While I was waiting for him to get a pen to sign a copy of the banking instrument for the transaction, he had gone to the bank to verify that the draft I gave to him was genuine and done a transfer to his own account.
He came back to sign it and asked me how old I was? I told him I was 29 at that time. He asked if I already had 50 Million Naira of my own? (The value of the deal) I said no, but….. I was trying to start talking about valuation of my business and he stopped me. He said, “I am asking about cash, raw cash”.
He then told me that, if I did not have that amount of money then I am wasting my time doing whatever I am doing. He said that by the time he was 30, he already had that much cash and he just sold an asset he had forgotten about, for the same 50 Million Naira.
He may probably have been talking for the benefit of his son Fred, who took me there, but I got the message. From that day, I had a new target. 50 Million Naira cash in one year and I was in a hurry.
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So what’s your target? And are you in a hurry? I have mine, and I am in a hurry.
Focus + Build. Godspeed.
📱📱Quote of the day
“Money is just a visitor”- Mama Burna
Remember folks: “Until the lion learns to write, every story will glorify the hunter.”