NEW PATH TO CREATE WEALTH FROM SCRATCH (EXPANDED EDITION)
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New Path to Create Wealth from Scratch: Agglomeration of the Basics—The Superfluity of Wealth
Making money and building wealth are not the same thing.
The author once made a million naira from a single opportunity. Did he build wealth that day? No. And he explains exactly why not.
You may be short of cash right now and already on your way to being substantially wealthy. You may have a great deal of money right now and be financially stranded within months. The gulf between the two is not effort, and it is not luck. It is structure.
The idea behind this book
We assume we must do something extraordinary to become wealthy — deal in expensive things, catch a rare break, find the one big idea. In fact it is ordinary things, done in an unusual way and repeated, that build lasting wealth.
Henry Ford sold transport. Bill Gates sold usable software. Dangote sells sugar and salt. Every one of them started from something basic, then built a structure around it and repeated it. That is what the author calls the agglomeration of the basics: small legitimate incomes from several sources, properly structured, then repeated, licensed or franchised until they compound into something that outlives you.
This book is written by a man who lost a groundbreaking idea nineteen years ago for want of knowing this, watched others build on it, and set out the principle so that you need not repeat his mistake.
What you will get
- The difference between making money and building wealth, and why one is an event and the other a habit
- Why wealth begins in your thinking, and the daily exercise that puts that to work
- The daily-value principle — how to work out what you actually need to earn, second by second, in your own currency
- Real money against paper money, and how to let the job that pays you fund the work you were actually made for
- Why value, not vocabulary, is the only language of wealth creation
- **A complete worked business template** you can adapt: vision and values, operational strategy, customer gift card, menu and pricing approach, advertising, marketing and sales, staffing, feasibility work and full equipment list
- How to protect an idea properly, and why the business side of your creativity matters more than the creativity
- Practical routes to income that work whether you are in Lagos, London or anywhere between
- The spiritual dimension: why prosperity and godliness are not opposites
This is a book you work, not just read. Chapters close with assignments to carry out the same day — from setting up your wealth creation seat, to copyrighting the idea you had this morning, to naming the potentials you need to align with your purpose.
Written for
Anyone starting from little or nothing. Entrepreneurs, employees who want a second income, ministers, students, and anyone who has worked hard for years with little to show for it.
About the author
Wisdom O. Akinpelu is chief executive of NWIEP and Life Connections and Company, an education consultancy, and an international author with titles on Amazon, Apple, Kobo, and Smashwords, earning royalties in several currencies. He speaks and consults across Nigeria, Africa and the United Kingdom and writes here from both the losses and the recovery.
In this revised edition
Fully revised and re-edited from the author's 2020 manuscript, with three original diagrams and corrected references throughout. Pricing worked in pounds sterling as well as naira, so the sample business is usable in the United Kingdom as readily as in Nigeria.
Please note
This book reflects the author's own experience and opinion. It is not financial, investment, tax or legal advice. All figures and templates are illustrative and were worked out in 2020, partly in pounds sterling and partly in naira; you must research your own market and take independent professional advice before committing money to any venture.
A free preview is available. Read the introduction and the opening chapter before you decide.
Making money and building wealth are not the same thing.
The author once made a million naira from a single opportunity. Did he build wealth that day? No. And he explains exactly why not.
You may be short of cash right now and already on your way to being substantially wealthy. You may have a great deal of money right now and be financially stranded within months. The gulf between the two is not effort, and it is not luck. It is structure.
The idea behind this book
We assume we must do something extraordinary to become wealthy — deal in expensive things, catch a rare break, find the one big idea. In fact it is ordinary things, done in an unusual way and repeated, that build lasting wealth.
Henry Ford sold transport. Bill Gates sold usable software. Dangote sells sugar and salt. Every one of them started from something basic, then built a structure around it and repeated it. That is what the author calls the agglomeration of the basics: small legitimate incomes from several sources, properly structured, then repeated, licensed or franchised until they compound into something that outlives you.
This book is written by a man who lost a groundbreaking idea nineteen years ago for want of knowing this, watched others build on it, and set out the principle so that you need not repeat his mistake.
What you will get
- The difference between making money and building wealth, and why one is an event and the other a habit
- Why wealth begins in your thinking, and the daily exercise that puts that to work
- The daily-value principle — how to work out what you actually need to earn, second by second, in your own currency
- Real money against paper money, and how to let the job that pays you fund the work you were actually made for
- Why value, not vocabulary, is the only language of wealth creation
- **A complete worked business template** you can adapt: vision and values, operational strategy, customer gift card, menu and pricing approach, advertising, marketing and sales, staffing, feasibility work and full equipment list
- How to protect an idea properly, and why the business side of your creativity matters more than the creativity
- Practical routes to income that work whether you are in Lagos, London or anywhere between
- The spiritual dimension: why prosperity and godliness are not opposites
This is a book you work, not just read. Chapters close with assignments to carry out the same day — from setting up your wealth creation seat, to copyrighting the idea you had this morning, to naming the potentials you need to align with your purpose.
Written for
Anyone starting from little or nothing. Entrepreneurs, employees who want a second income, ministers, students, and anyone who has worked hard for years with little to show for it.
About the author
Wisdom O. Akinpelu is chief executive of NWIEP and Life Connections and Company, an education consultancy, and an international author with titles on Amazon, Apple, Kobo, and Smashwords, earning royalties in several currencies. He speaks and consults across Nigeria, Africa and the United Kingdom and writes here from both the losses and the recovery.
In this revised edition
Fully revised and re-edited from the author's 2020 manuscript, with three original diagrams and corrected references throughout. Pricing worked in pounds sterling as well as naira, so the sample business is usable in the United Kingdom as readily as in Nigeria.
Please note
This book reflects the author's own experience and opinion. It is not financial, investment, tax or legal advice. All figures and templates are illustrative and were worked out in 2020, partly in pounds sterling and partly in naira; you must research your own market and take independent professional advice before committing money to any venture.
A free preview is available. Read the introduction and the opening chapter before you decide.