Adewale Fayinka's FBM Blog

In our article  The 7 Steps to Financial Independence in a Depressed Economy , we identified Earned Income as one of the 3 income types by which smart people can ride to financial independence. The other two are Passive Income and Portfolio Income. But unless you inherit great fortunes from your parents or some rich uncle or aunts, Earned Income is your surest way to guarantee financial independence for yourself and your family. But earning great salary or wages is no guarantee that you will make it to the journey end, and neither does earning low wages enough to deny you your place in financial freedom. The key is in putting your Earned Income to use, and investing portion of that income in instruments and businesses to yield portfolio and/or passive income. In today's article, we bring you ten small businesses that you can invest in, and run while you are at your current job. E-Commerce You think of Jumia, Konga, and Deal Dey when you hear of online businesses, but t

I am the ENTREPRENEUR . YES to being my own BOSS. Never LOSING SIGHT that I MAY fail many times before success smiles once.  And never shying from working 5X more than the employees before I can get it done.  But I am not to be confused with the janitor,   or the Marketing Manager, although I wear those hats too. Investments of sweat equity and time have laid the bricks to my Empire. Though We are sometimes in debts that cripple our credit score.   Or that We sometimes become ‘jokes of the society’ who can’t feel our dreams. What is seen today was once nothing,   but sprouted under careful attention, focused vision and thorough planning. Living, breathing, and eating the business with passion and zeal. Fueled by 18 hours work days, Indomine noodles and fried eggs, Fried Yam and Beans cake sandwiches. And attacking the competition to gain market share with cold calculation and fervor. Some might call me CEO,   or Founder or Business Owner, bu

Adewale Fayinka, 08037126699 " Entrepreneurship is living a few years of your life like most people won't, so you can live your life like most people can't".  Why? Elon Musk was a cleaner of the boiler room in a lumber mill; Linda Ikeji started blogging in a cyber cafe because she could not afford Internet at home; Cosmas Maduka hawked Akara on streets at age 4, and became apprentice at a spare parts shop at 9; Mark Cuban sold garbage bags door to door, and Michael Dell was a dishwasher in a Chinese restaurant. Need more inspiration? In our discourse last week, we mentioned 7 distinctly proven ways to achieve financial independence. One of the proven ways is to start your own business as an Entrepreneur. Becoming an Entrepreneur or building your own business is probably one of the most difficult ways, but it has proven many times to be the most profitable way. Check through the Forbes' list of 100 wealthiest individuals in the world

Mastery of the soft skills needed for a long, successful and happy career requires practice, diligence and perseverance. The average worker requires two sets of indispensable skills to excel in today’s workplace - Hard Skills and Soft Skills. Hard skills refer to the technical skills and knowledge that successful execution of the job requires. For example, an engineer needs mastery of gadgets, and calculations, while the doctor needs an adequate knowledge of the human body, and the reaction of the human body to substances. On the other hand, soft skills are the set of skills that allow us to effectively work with others. No matter what our position, organization, or industry, we all work with people. Learning and practicing the use of soft skills is not always easy. Unlike the hard skills which our school system based a lot of instructional emphasis on, the teaching and practice of soft skills is neither well organized nor pronounced. For the most part, instructions in sof