Yanju did not come from a family
of entrepreneurs, but somehow during his 200 level, he came across an article
titled, ‘what the wealthy buy on payday’. The article talked about the major
differences between the purchasing habits of wealthy and poor people,
especially on the day they get a large sum of money. It was a real eye opener
for him, and on that day, he strengthened his resolve to cultivate the
purchasing habits of the wealthy.
One of the important things he
started doing then was to set aside a portion of his monthly pocket money for
investing in assets or business projects. He started developing some real
marketable skills. One that came easily to him was graphics design. He had a
small Dell laptop, so practicing and learning wasn’t a big challenge to him. He
would see a poster somewhere in school and he would go back to his room to
design it. He invested time in doing this every day. Soon, he became so good
that his roommates, classmates and students involved in politics started
consulting with him to help with design and printing job.
One other important thing he
learnt was the power of passive income. He did some research about the wealthy
people, and he discovered that most of them built their business such that it
would run and operate without their active involvement and it would be
generating massive passive income for them. So, he started thinking of how to
build his design skills and printing knowledge into a business system that
would run on its own and generate income for him passively. In this process, he
made some mistakes and lost some money, but it did not deter him. He kept on
learning from his mistakes, and improving himself. He was in final year when he
started working on this. Soon he realized that he would need to hurry things up
so that his NYSC program wouldn’t affect his business system.
He was able to set things up and
by the time he was ready to go to NYSC camp, he was able to withdraw about
N15,000 from his business account, that was about 60% of what the business had
generated for him in about three to four weeks of operation without his active
involvement. He was happy with the results so far.
Today, Yanju is not only in the
printing business, he also has a training firm that specializes in helping young
people develop their vocational skills and build it into a business. He is also
a radio show host and he loves making friends. He enjoys life to the max.
