Mk Akan

Most people fail online because they try to use difficult systems. I help people create high-selling ebooks & digital products with AI ... super fast.

[Mk Akan @MkAkan]

https://t.co/74UeqHVPxE

[Mr. Lawal @Educator_Lawal]

If you don’t want to run a company, own a piece of one.

That’s what stocks are for.

[Mk Akan @MkAkan]

@Sugar_Pops_ 😂😂😂..why are you sounding like the egusi is poison

[Mk Akan @MkAkan]

True

[Toby @TomolaGroup]

Bro to bro, nobody taught us money, so here is the order from zero:

1. Know your risk first. If a 30% drop will make you panic sell, stick to safer options like money market funds and bonds. If you can stomach the swings, you can add stocks later.

2. Build an emergency fund. 3 to 6 months of your expenses (High yield savings account like money market funds). This is what saves you when work scatters so you do not have to borrow or sell investments at a loss.

3. Park that emergency fund in a money market fund, not a savings account. @ZedcrestWealth , @CardinalStoneNG , @cowrywise and @MeristemNigeria pay around 17%+ yearly, your money is safe, and you can withdraw within 24 hours.

4. Pay yourself first. The moment alert lands, move a fixed cut into investments before rent, before anything else. Start with 10% and push to 20 to 30% over time. Automate it if you can.

5. Live below your means. Earning 800k and spending 800k is not wealth, it is survival in style. Cut what you will not remember next year.

6. Build multiple streams of income or learn a high demand skill. Tech, sales, copywriting, design, video editing, data. One salary in this economy is risky. Skills travel with you and can earn in dollars too.

7. Once your emergency fund is solid, start investing in stocks. If you are under 30 and can handle risk, look at growth stocks. If you want safer plays, stick to blue chips, Zenith, GTCO, MTN, Dangote Cement and BUA Foods on the NGX, Apple and Microsoft on the US side. @ZedcrestWealth , @investbamboo and @CardinalStoneNG make it easy.

8. Add dollar exposure. The naira keeps bleeding, so hold assets outside it. @Risevest and @investbamboo give you access to the S&P 500 and other USD assets. Even small monthly buys add up.

9. Diversify properly. Treasury bills, Vault savings and FGN savings bonds through apps like @Afrinvest , @mycashierlife and @getladda , eurobonds via @cowrywise when you can access them, real estate via @Risevest when your capital is ready. No single event should be able to wipe you out.

10.Avoid stupid debt. Owambe loans, gadget loans and lifestyle loans set you back years. Only borrow for something that pays you back.

Wealth is boring and slow, but it works. Move with a plan, not vibes.

I went deeper into all of this in my book if anyone wants the full breakdown: [
https://t.co/3PaTnYbJAb
]

[Mk Akan @MkAkan]

Amazing.

[Samuel Leeds @samuel_leeds]

I donated one of my houses to the homeless.

There is only one catch … if they don’t do my training they get evicted.

If they do the training, they get 28 days of mentoring to rebuild their life, and free food and accommodation.

These two gentlemen have been homeless a long time. Stayed at my house. Now have both found long term accommodation and job interviews.

This is not government funded, it’s all paid from the profits of my other houses.

I’ve partnered with Bethel Lighthouse Church who are overseeing everything and a dream to partner with.

My mission is to get veterans off the streets, help rebuild the lives of the broken, and ultimately end forced homelessness in Great Britain forever.

We don’t need to wait for the government, we need the entrepreneurs to step in 👊🏼

[Mk Akan @MkAkan]

" Money na bullet"

[Osaretin Victor Asemota @asemota]

The thing most people will never tell you about wealth is that most wealthy people hardly form attachments to most of their property. Everything is transient. It is that mindset that helps compounding.

A car is meant to be used and sold or kept for sale in the future if it is a supercar that appreciates. Houses are meant to be bought and sold or used as collateral for more leverage. Every asset serves a purpose and if they are not appreciating, they are disposed of.

After I sold a car last year, I noted how much it was in dollars and looked at how much it could have appreciated if I put that money in the US stock market, and I now want to sell every car or every asset that I am not utilizing fully.

An apartment I was offered for £85k in 2007 is now £450 today in Salford. It was a rent-to-buy deal but the problem I had then was moving money across borders. So, I put the money back into the business and lost everything. Rich people don't get too attached to one business as well. It is why they invest and move assets around.

Wealth management is a game of information and access. Keeping liquidity is not because of flexing or enjoyment but for the purposes of multiplication. This is why I cringe when I hear that stupid Nigerian term “Money na Water.” It shows that some people are devoid of ideas.

“Money no be water, money na bullet.” Load your weapon and aim wisely.

[Mk Akan @MkAkan]

Profit is better than wages.

[Mk Akan @MkAkan]

@edgaralandough Genesis 26 13 any translation except KJV

[Mk Akan @MkAkan]

This is not 100% true. Depends on how you make money . And what you call difficult

[Morris Monye @Morris_Monye]

Making money is so difficult

Don’t let anyone deceive you with motivational talk.

It is soooo difficult.

[Deborah Ocheido @d_ocheido]

BREAKING: Only Jesus can save. Pass it on your timeline.

[Mk Akan @MkAkan]

@drmikemurdock Happy birthday sir

[Mk Akan @MkAkan]

Why do only black folks laugh like this...🤣🤣

[River.Nova @zay_miya]

@Micky_right God please forgive me 😭😭😭😭

[Mk Akan @MkAkan]

@ick_real Zelda... 😂

[Mk Akan @MkAkan]

@ChrisUkaNkem Omo.

[Mk Akan @MkAkan]

@Saniya_200 Usury

[Mk Akan @MkAkan]

Absolutely

[Bruno | Einstein of Marketing @bruno_nwogu]

Hands down the fastest way to grow your social media audience and make money at the same time is to.

*drum rolls*

Run ads selling a digital product

[Mk Akan @MkAkan]

@anxietymsgs

[Mk Akan @MkAkan]

Part of what I do to generate income online is to create valuable ebooks for sale on @gumroad .

I've a faceless YouTube channel that drives traffic to these ebooks and sales pages on Gumroad.

My funnel starts with 2 free ebooks on Gumroad that people can pay anything for.

Then in the backend, I've many other ebooks priced from $3 to $9.

But people are free to pay higher amount for each ebook. Even the free ones.

Guess what?

Today I received $50 each for my 2 free ebooks.

Amazing.

Wanna learn what I'm doing?
Follow and turn on your notifications.

Or ask questions in the comments.

See ya.

[Mk Akan @MkAkan]

@kapilansh_twt So true