Five Money Mindset Strategies You Need To Master

3 min read

Money is a subject that is widely taught right from the home to school and even at the religious centres, we have received huge information about money. Information plays an important role in how many people relate to money.

One important thing left out is the ‘Mindset’—because money isn’t the currency in your hands or the cash saved in the bank. Mind you, the world is not having “Mono-Currency”. 

Cultivating a strong and positive mindset about money will impact your life greatly.



A money mindset is an overriding attitude that you have about your finances. This attitude is the core belief you have built over the years from the information you received. 

As the old saying goes, “As a man thinks in his heart, so is he”. Have you ever wondered about the reasons behind your financial decisions?

A money mindset is a catalyst that influences how you make significant financial decisions every day. 

When you have the right and positive money mindset, you tend to make better and wise choices even in the face of obstacles. That’s the power of positive thinking, and it matters most if you want to achieve your financial goals in life.

Your understanding of money will determine how much money you make, how hard you toil for it and how long it takes. Perspectives are important and this has to do with your mindset.



No one makes a decision without initial thoughts. The actions we take reveal the thought process behind the scene—so also is the money mindset. Poor mindset leads to poor action and meaningful progress will not be achieved. 

You are either free or imprisoned by your mindset.

Your actions show your thoughts. 

A negative money mindset is not what you were born with but those beliefs that you have cultivated over time. The negative mindsets are:

  •       Fear—unknown, fear of failure, fear of taking (calculated) risks.
  •       Procrastinations.
  •       Past failures.
  •       Intimidation.
  •       The struggle of overcoming past defeats.
  •       Wrong beliefs.

You aren’t defeated because you failed but rather because of your mindset. 

The obstacles before us are the ones our mindset put there. 

You are what you believe and will act accordingly. 

As long as you keep the negative mindset concerning money, you will work hard but earn little because your mindset is yet to SHIFT to the position that attracts, keeps and multiplies money.

People who have a negative mindset remain poor, not for the lack of opportunities or resources but the blindness of their minds. A blind mind will never see opportunities and will always be ignorant of making money.


You can’t become financially free with wrong beliefs—that’s impossible. Everyone struggling with a negative mindset needs surgery—MINDSHIFT. A mind shift is the ability to change one’s thoughts and beliefs.

Changing your mindset will move you from lack, struggles, and poverty into abundance—this is not magic but a deliberate sequence of decisions and actions.


Embracing a positive mindset will help with your financial goals. It will help you overcome many obstacles (debts, and Imprudence) in life. When your mind is so rich it will reflect in your life—decisions, and actions.

Most billionaires aren’t wealthy because they inherited wealth or won the jackpot but trained themselves mentally and physically.

These five mind shift strategies about money:

  1. Learn to train your mind to see opportunities instead of focusing on obstacles.
  2. Recognize that most unpleasant financial situations are temporary and are fixable.
  3. Learn to ask for help. Asking isn’t the sign of your weakness but clarity.
  4. Set your financial goals but learn to take it step-by-step and don’t be ashamed of small progress.
  5. Cultivate the habit of investing.

Keep your mind under strong monitoring as you apply these money principles. 

Image by Steve Buissinne on

Seven (7) Unproductive Money Habits, The One Way Out!

3 min read

The lives of the rich and famous are often tempting and glamorous. Irresistible; the flashy cars, luxurious life, and expensive outfits that the famous stars often wear. The poor might end up cursing the day they were born but sometimes, the rich are often caught up in the success-web.

Success is the desire of most people (most people hate failure) but not everyone knows how to move on and chase (more) success. Most times, many people are trapped in the cell of success, and their passion and zeal surrender to the most recent success without vision and hunger for more.

Many people were half baked for the success they achieved early in their lives, the fame, and the money was bigger than what they could handle.

As good as success might be, it can also be a huge burden that crushes people if not handled properly. 

Some of the celebrities and athletes that we know went from grace to grass not as a result of laziness but for some untamed habits that shot them down. While some were able to bounce back, others never did.

You must learn to differentiate your seeds from your harvest—seeds produce harvest. 


Have you seen a successful businessman/woman? Study their habits; perhaps you have seen a poor man, check his habits. Habits are everything—it either makes or mars a person.

The rich do the things that make them rich, while the poor have habits that keep them poor. Below are the seven (7) money habits that make a man poor:

1. Wrong company.

 When a man keeps a company of his sense mates, it may be difficult to make meaningful progress in life. You need a mentor, someone with experience and can provide hindsight & foresight where career and wealth creation is concerned.

2. Inability to invest.

The poor work for money while the rich have money work for them. The rich spend their time looking for the best places/business, to invest their money in a bid to multiply it as time goes on, but the poor hardly save much less invest.

The concept of investing can be best explained from a farmer’s perspective, a farmer will invest (sow the seed) into the earth and get a harvest in return. Lastly, saving doesn’t make you wealthy, investing does.

3. Focus on survival.

The poor are perpetually in “Survival mode”. They acknowledge their needs but they consistently deny themselves by the inability to delay gratification. Moreover, they wallow in self-pity. They hide under escapists’ theories like “all is vanity”. Survive, but more importantly – thrive!

4. Poor money management.

One of the attributes of humans is the ability to manage resources and situations — time, money, problems, success, failures, and.

The poor lack money management skills and will often spend money on wants. The poor are most times unable to differentiate between asset and liability, so they spend more on liabilities than on assets.

5. The poor expect money miracles.

Poor people pray the most, that’s not saying the rich don’t have time for prayers. The expectation of the poor is that miraculous money will drop in their account. Whereas miracles do happen, they are not the foundation upon which wealth creation is built.  Refusal to seek for financial knowledge because one is waiting for miracles is detrimental.

6. Lack of money-making ideas.

One way to make money is “idea”. An idea that solves a problem will make you money and if you are financially intelligent enough- wealthy. You are truly poor only when you lack ideas. Facebook is an idea of Mark; Coca-cola is someone’s idea, Honda automobile is someone’s idea. Great, innovating ideas get you into money.

7. Lack of financial knowledge.

You are only enslaved by what you don’t know. The poor lack the basic knowledge of how to make money and how to make money work for them; thus remaining in poverty. If you know what you don’t know – that is a call to seek knowledge and knowledge is only power when it is applied.



It may sound simplistic but if something seems simple – it will often require a great deal of attention. Very few people on planet earth are disciplined in their commitment to learning and earning.

Are you disciplined enough to keep working with the principles of wealth creation?

Yes, this is one of the virtues that the rich possess that keeps them on top of their game.

12 words FI

Twelve Words That Locked All Your Money Up

4 min read

The mind works in unfathomable ways, words are the command of life itself, the command of money too. Not knowing these twelve words that locked all your up isn’t a good thing.

Some years ago I had a light bulb moment, my eyes lit up as I listened intently to the financial intelligence expert who spoke on investments, financial intelligence, and passive income. I was in my 20’s and I had never understood what those words meant and how they impacted my chance of escaping poverty and achieving everything I dreamt of. 

If I didn’t understand those basic money principles, how could I make them work for me? The truth is, most of the principles of financial freedom have been codified into words.

Understanding and making use of these words (codified principles) in our daily decision making is what helps us achieve financial freedom. Let’s talk about some major ones.

Financial Intelligence is one of the phrases that changed my perspective on how money works. Just as you need emotional intelligence to make your relationships thrive, you need financial intelligence to make the right decisions concerning money. There is a right way to think about money – learn it!

One of the major concepts financial intelligence affords you is a basic understanding of TAX. Tax is one of the most mysterious money-words. The rich try to avoid it and the poor have no clue how it works. But just because you don’t know a substance is poisonous doesn’t mean it won’t hurt you. Whether you are self-employed or a businessman, taxation influences your financial freedom in a great way.

Passive Income is a phrase that confuses a lot of financial illiterates. Passive income is often seen as ponzi scheme to some folks and this a great injustice to financial intelligence. Just as you work actively to generate income, passive income is generated when you’ve invested money (into ventures).

Owning one percent (1%) of the shares at Google makes me a billionaire; not because I code or write algorithms but because what I invested will yield ROI (Return on Investment).

Yes, there is no form of business venture or investment that does not have a level of RISK in it. Many people run away from risk without knowing that risk is a part of life.

Mark Zuckerberg said that the greatest risk is not taking any risks. The wisdom here is to take calculated risks.

Partnerships: the backbone of most wealthy individuals is the strategic partnerships that they have other people. Research shows that businesses that were started by two or more people have a higher chance of being successful than that of a sole proprietor.

The goal of having a partner is to complement your skill and personality deficiency. You don’t partner just for partnering sake; you partner because there is something unique that your partner can offer.

BRAND: what if you decide not to enter a partnership, then it is important to develop a very strong brand (read more here -5 Reason You Are Probably Still Poor).

Actually, it’s not only single founders that should develop a brand. Your brand is the projection of who you are and your value. Having Donald Trump’s (before he became President) name on any real estate implies a Gold Standard. You like it or not, that’s what his brand is. The more your brand is worth, the higher the chances of you achieving financial freedom.

VALUE: the more valuable your brand is, the more financial returns it brings to you. Someone told me recently that money responds to value. So instead of chasing money, why not focus on adding value. Mark Zuckerberg is quite wealthy today because of the amount of value he brings. That’s the same reason why some top athletes make considerably more money than their teammates –the extra value they bring to the team.

I was at a conference some years ago, where one of the speakers said that ‘because you are worth something does not mean that people will value you the same way’.

Just because you see yourself as worth something does not mean other people will see you as such.

A process of bridging the gap is NEGOTIATION.

Negotiation has to do with seeing things from the perspective of your business partner and leveraging on that to get whatever you want. The only way you can get what you really deserve is by negotiating for it. Ask Donald Trump why he wrote the book “The Art of the Deal”.

The major key to successful negotiations is COMMUNICATION. Okay.

I can hear someone say “Is it not just about talking or speaking?”

Communication is probably one of the most underrated skills; no wonder the Toastmasters International makes it their focus.

Excellent communication skills are essential to pitch your ideas to investors, to cast your vision to your team. It is practically impossible to influence people without being skillful at communicating.

After communication, MARKETING is probably the next most important word for an individual or a business.

The truth is, we are all selling something. How well you can sell yourself will influence the rate at which you attain financial freedom. It’s not surprising that Fortune 500 companies spend millions of dollars annually as their marketing budget.

Marketing is about sharing stories; stories that will ultimately convince people to buy your product or service. What sharing stories also does is to help expand your NETWORK.

Entrepreneur Dan Lok said that he will rather spend time with people he has a common future with than people he has a common past with.

The more valuable your network is, the more your chances of escaping poverty and achieving financial freedom.

We probably have been talking about a lot of ideas and “soft stuff” but what makes them all work is EXECUTION.

A renowned NASA scientist said that “one test is worth ten thousand expert opinions”. Execution eats ideation and planning up for dinner. Execution is where the juice is.

There are thousands of other words – codified principles – that their understanding and correct application will help you attain financial freedom.

Imbibe these words and see as they revolutionize your money life.


5 Money Lessons You Missed In The Wizkid-Davido Supremacy Battle

5 min read
Davido Narrates Why He Said Wizkid And Him, Are The 2 Greatest Nigerian  Artistes Of All Time - Daily Focus Nigeria

Artistes will always emerge as stars on our music skyline and as you already know some stars shine brighter than others. You can look at two stars and wonder who shines brighter, and we can all get all giddied up fighting for the star we love and probably forget that there are vital money lessons that this war can teach us, especially if we want to make a lot of money.

Everything is a gift and everything can be a curse, depending on how you see it (we have an article on how to know gifts). The most successful set of human beings are the ones who realize their gifts early in life, it is not too late for you see all the beautiful gifts already bestowed on you. And so Davido and Wizkid may as well be some dual gift bundle for you.


Wizkid & Davido, Are You Guys Sick? Don't Turn Hip Hop To Fuji - Concern  Fans Writes Open Letter » Naijaloaded

In the Nigerian music scene, the biggest most obvious way to determine the newest largest kid on the block is to watch out for who is voted for in the Headies Next Rated artists. So, in 2012, Davido won the Next Rated Award while Wizkid came in 2011, exactly a year ahead.

And not for one did they leave our screen anymore. People miss a lot of things in life because of fear. If you are afraid, please read our award-winning article Money fears and how to overcome them. No one (not even Wizkid and Davido) can say exactly how their feud started or which of them started it. But we all certainly know that both are Feudal Lords.

I am sure you can see that both have a lot of things in common. One of which is their fearlessness. Both thought they could take on the world and that’s exactly what they did.

Facebook rose to Hundreds of Billions of Dollars in worth because they took the visibility game one hundred stories above everyone else. You registered your Facebook because you wanted to be seen, and now you promote your stuff on Facebook because you want more people to see your wares… But nothing beats organic unaware virality or happenings.

Let me give you a scenario. You saw two friends holding hands and walking-by on your street today, and then you saw them again another day. Chances are that they may only have picked your interest on the first day only, and that’s it.

But imagine that there were two particular 12-year-old kids on your street who live maybe 8 houses apart, and three days ago you saw them fighting and throwing punches at each other. Wow! imagine how much attention you gave to the fight no matter how short-lived it was as people went to separate them.

Just yesterday, the two kids met at the estate’s grocery shop and started fighting again. Guess what happened. Now, you are even more interested than you were two days ago when you thought it was just random. Since yesterday, you had begun to think ‘looks like there is more to this matter than I know’ and you started to wonder.

Again, imagine. The next day, you saw one of the kids walking towards you and when you looked back you saw the other kid walking towards the other boy. Of course, you are going to wait a bit and see if they would throw punches at themselves again.

Guess what has happened. Both boys have become the most visible 12-year-olds in your estate. Are you still wondering why Wizkid and Davido have one of the largest social media following of all African Artists? In our IMBP course, we teach people how to create a brand that never goes broke for themself. Visibility is a whole module in the IMBP course and you can register for the course here. You can see how to up your own visibility game without creating unnecessary bad blood around you and get it working magic for you and for your business.


It is very heartbreaking that people underestimate the importance of motivation, you really should know how motivation is everything. The grind is real. To wake up every day and face circumstances not preempted, to follow up with difficult leads, to overcome disappointments after disappointments…, takes a lot of motivation.

One thing rivals never always lack is motivation. They, without knowing it, push each other to do more than their average counterparts. This compounds (how little things grow into massive results overtime) for them in ways that no one can quantify or imagine.

It is in human nature to settle. Even Timaya feels like doing more was suicidal. A competitor whether real or imagined allows you to rise above the bait to rest your oars and settle. And as they say, “success is your greatest enemy”.

Emotional Marketing (defence and loyalty, cult following, viral marketing)

Wizkid and Davido Net Worth: Who Is the Richest in 2020? ▷

Humans, we like to pretend that we are logical and that decisions are objective and thought through, but nothing could be further from the truth. In fact, we are emotional beings and that is all that we will continue to be.

I prefer Pepsi Cola to Coke. The fact is there is no scientific base for which of them tastes better. I just didn’t like the fact that Coke always wanted to sell to me for a little bit higher. I felt Coke was too proud and I wasn’t having any of that. So I would rather buy Pepsi anytime I felt stupid and thirsty enough for a bottle of sugar, water, caramel, colour and CO2. I am sure you also have your biases.

For Davido and Wizkid, the rife between them has further pushed their fans to deeper loyalty and dedication. This is why both their shows will continue to sell out and their youtube videos will continue to enjoy millions of views. When you start to build your personal or business brand, it may actually be a wonderful thing should people start to consistently compare you to a person or business doing as good as you are or even better.

Planning and Strategy

Planning and Strategy takes a lot of research and feedback. As a business person, you’d really want to know how people see or interact with your brand. What you are doing that they like. What you are not doing that they wished you were doing and what you are doing that they do not like.

Companies spend millions just to get this load of information because it is vital to the growth of their brand. Wizkid and Davido fans provide these to their idols daily. As your brand grows, one of the ways to get off the ground fast is to have loyal clients or customers who know why they specifically chose you and are motivated (just by being able to spite other brands) to tell you.

Elongated Relevance

The game of relevance feeds on memories. Now, therein lies the great problem. The FastCompany on their website explains that each individual now generates about five times the same amount of data (information) an individual generated in 1986. Also, it would interest you to know that Forbes reported that over 90% of all available world data was generated within the last two years.

It gets crazier when you consider that an adult makes an average 35000 decisions daily. That’s too many daily decisions already, it is too difficult to add the decision to remember one extra company or brand. But for brands who have rival brands, their relevance game comes at the best of levels.

One Nigerian industry that has newcomers every day is the betting industry but NairaBet and BetNaija have managed to stay relevant because people always compare them to each other.

The essence of these lessons is to realize that adversity (business or person) can be, at particular times, the best thing that could ever happen to you.