"There’s a HUGE market for investment managers who can help the nouveau riche to grow their wealth"- Subomi
Any person that strives to create wealth knows the importance of growing it. It is imperative you do this because someday you would not be able to work as hard as you are working right now.
In order not to work till you die, you must transition from transactional income (return on daily effort) to institutional wealth (return on accumulated capital).
Take personal branding seriously
Do you know Majek Fashek? One of Nigeria's most talented musicians with his popular single "send down the rain". He failed to understand the need for personal branding and he is regretting it today because just a few years after his musical career hit all time low he was nowhere to be found. But take a look at Kanu Nwankwo, Nigeria's most decorated footballer, Years after he left football he represents different brands.
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Guys, you have a short window to transition to institutional wealth. The problem with most naija celebs is that they focus on now and their relevance instead of trying to create wealth. No wonder most NollyWood actors that are no longer famous die of one ailment or the other due to lack of funds.
Most times we spend our whole life trying to build a business and forget to employ the services of an investment manager to help create liquid wealth outside our businesses. If your money doesn't work for you while you are at sleep, you will work till you die.
Nobody will invest money into your business if it lacks a structural frame work. Who wants to invest in a business whose profit is not consistent?
When you start your business, focus on raising funds from family, friends, competitions, grants and sales. But remember, these sources fund ideas and people. Investors fund businesses.