Hello my beautiful people of $leofinance, how are y'all doing? I Hope that y'all are making the best out of today? Well today I want to bring to you all:
A special way in which I calculate my decision making strategy towards my personal skills. (Be it any business skills)
This changed me. I told myself that, instead of coming online to teach people how to make N1,000,000 monthly, I would rather use the knowledge to make money and teach only as a passion, not as a survival strategy. Some of you will do better if you can focus on doing what you want to teach others how to do, but you're not doing it. Shall we do a calculation? All right! Let's assume that you know how people can make $1,000 monthly from Amazon KDP, which you're not doing, and you want to teach people how to do it. Most likely, you'll peg the training cost at N10,000, and for the first 30 days, you'll be posting every day about it, creating different content to promote the training.
At the end of 30 days, let's assume you got 20 people to register for it, which is very unlikely based on your past trainings, right? Good! So, for 30 days, 20 people register. So, 20 people x N10,000 each. = N200,000. You made N200,000 teaching people how to make $1,000 every month doing Amazon KDP. Let's convert $1,000 to naira. $1 = N1140. N1,140 x 1,000 = N1,140,000. Now, let's equate the stress you'll go through during the 30 days in writing the books to be published on Amazon KDP as equal to the stress you'll undergo creating and posting every day in your timeline and responding to endless chats. The stress in publishing the eBook cancels the stress of posting every day on Facebook.
Let's go to the money you'll make in 30 days from the two hustles. Teaching people how to make $1,000 in 30 days, you made N200,000. Practicing what you said you want to teach in 30 days, N1,140,000. N1,140,000 - N200,000 = N940,000. So, because you have a passion for teaching, you're forfeiting N940,000 every single month to take N200,000? Are you sure what you're teaching is actually working? Nna, E dikwa sure? (Igbo native language) I'll leave you to judge yourself right now because I don't have the right words to qualify you. It's like saying: Give me N200,000, let me give you N1,140,000.
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