Monday, 14 November 2016

A Simple Plan For Making Economic Recession Work For You

Published by Chukwu Emmanuel on Monday, 14 November 2016  | No comments

How Make Financial Fortune In Economic Recession

I figure that this is the best time for Nigerians to unlock their full potentials for success and achievement. In my view, this ongoing economic crisis is a necessary evil unleashed upon our great nation to push us out of our comfort zones (if properly harnessed).

While some people are busy complaining about the hiccups in our country, others are busy making money (and probably would make a fortune) as a result of the recession.

Hard times are opportunities for financial breakthrough for some people! 

In business, when there is a problem, executives together with their management team do "Root Cause Analysis" to figure out what the causes of the problem are and how to prevent it from reoccurring. It's no news that there is a big problem (economic crisis) in Nigeria and we need to resolve to do our very best to make Nigeria bounce back.

Experts would usually recommend that a website with a bad interface be redesigned. Nigeria, just like a website has a bad interface (things are not working as they should) at the moment and needs to be redesigned. The good news is that we are the interface designer of our country. Collectively we can revive this country through our individual inputs to her economy.

Before we delve into how we can make this ongoing hard time work for us, let's talk about what I feel is the major cause of our problem...

I'm going to be really honest with you for a second:
In Nigeria, too many people (I don't know the exact percentage) don't put their minds to work.

How do I know? 
Here's a quick x-ray of current Nigeria
1. Too many Nigerians are over dependent on salaries
2. In my opinion, Over ninety percent of our resources are untapped
3. We are greatly endowed yet always in debts
4. We are over religious yet in constant crisis
5. We are highly blessed with gifted hands and multi-talented people yet highly unemployed
6. We are the most populated in Africa yet one of less productive in the world
7. We are over dependent on imported goods and foreign aids
8. We are the giant of Africa yet one of the poorest in the world
9. Dominated by highly wasteful and selfish people
10. Reasonably educated yet highly underrated
11. A dumping ground for cloned and fake stuffs

If we are really putting our minds to work the way we ought to, outsourcing firms and related modern slave traders would have gone out of business by now, dubious politicians would be on the run, fake preachers and swindlers would have starved to death, non-practical courses and less productive schemes would have been abolished.

With that said, it's up to you and me to pull out this sinking boat (called Nigeria) and our best bet is to start from where we are. Though the country is in a messy condition at the moment, its inhabitants are not totally out of shape; with just a little tweak, most will be rejuvenated.

So, here are four simple ways to make Economic Crisis work for you:

Know Thy True Self:
Who we are has a direct effect on the level of impacts we make. Our contributions toward the transformation of our great nation would significantly be affected by our understanding of who we truly are. There's a widespread believe that our true identity are shaped by factors like; the environment we grow up in, the schools we attend, our culture, the way in which we were brought up and, most importantly, our experience.

Also Read: How To Take Advantage Of Parkinson Laws To Improve Your Part-time Business 

Be Grateful:
Of course, complaining about how bad things are is the norm in times like this. For so many people even before the recession, gratitude is not their thing. Well, I'm challenging us to try thanking God for permitting this economic crisis to hit us now (it's for our good, I feel). Gratitude is a therapy for detoxing our minds, it fine-tunes the antenna of our subconscious minds to pick up uncommon ideas. Anytime you are genuinely grateful, your inner eyes will become more sound to see money spinning avenues (hidden money making ideas) that you ordinarily wouldn't.

Take Inventory Of Yourself 
Do a thorough self-assessment... Make a list of the skills you possess, your experiences (both job and personal). Now decide what skills are obsolete, discard or upgrade them (you can try taking some premium courses for free online). According to Malcolm Gladwell (in his book) - Outliers: The Story Of Success, it takes roughly 10,000 hours of "deliberate practice" to become an expert in any field; if you put together your experiences, I'm sure what you get would be close to 10,000 hours or more.

Turn Your Experience Into A Cash Cow
Having done a thorough personal assessment, package your skills, experience and expertise (or better still - your hobbies) and trade them for money. Here's a hint, whether you are currently working or not, you have something to offer for money in return, provided you know what that thing is. In recession people first scout for cheap alternatives with reasonable quality and are careful not to lose the little funds they have left, capitalize on this point  - convert your God given abilities and acquired skills to either products or service, offer it at a relatively cheap rate and you will be amazed at the level of wealth you will amass before the recession comes to a halt.

How did you find this post? Would you like to add anything? I would love to hear your views in the comments section below. I hope you would also share this post on social media with your friends and colleagues.

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