EXAMINE THE "B QUADRANT" OF THE CASH FLOW QUADRANTS.

B Quadrant Values “I’m looking for the best people to join my team.” For people in the B quadrant, the core value is wealth-building. People who start from nothing and build great B quadrant businesses are often people with powerful life missions, who value a great team and efficient teamwork and want to serve and work with as many people as possible.

The Problem
Building a business is the way most of the very rich became rich. Bill Gates built Microsoft; Michael Dell created Dell Computers in his dormitory room. Still, historically, there have been very, very few people who have truly lived in the B quadrant. The B quadrant is the best place to begin generating genuine wealth, but at the same, there are some barriers to entry that have kept most people out.

For one thing, most people don’t have the cash it takes to start their own business. Today it costs an average of $5 million to start your own business. And for another thing, building your own business from scratch remains the riskiest of all ways to become rich. The failure rate for new businesses is about 90 percent in the first five years—and if your new venture fails, guess who just lost $5 million? In my early years of starting businesses, I failed twice, and while it never pushed me into bankruptcy (and I never got any government bailouts!), it did cost me millions of dollars.

Typically when you start your own business, you have to make sure your rent, utilities, and the rest of your overhead are paid, your employees are paid, and your suppliers are paid, or you’re out of business. So guess who doesn’t get paid? You. In the course of starting a new business—and I’m talking here about a successful business—you can easily go five to ten years without taking a paycheck.

Remember Kim and me, sleeping in our beat-up Toyota? It wasn’t fun. We could have taken jobs that would have immediately put a roof over our heads, but as miserable as it was (and believe me, it was), we chose homelessness over employment because we believed in our dream of being business owners and living in the B quadrant.

Most people do not have the mental, emotional, physical, or financial stamina to handle these conditions. It can be brutal, and usually is.

It’s Time to Take Control! Which enables more control, a job or a business?

It was 1985 and my wife, Kim, and I were homeless. We were unemployed and had little money left from savings; our credit cards were exhausted and we lived in an old brown Toyota with reclining seats that served as beds. At the end of a week of sleeping in our car, the harsh reality of who we were, what we were doing, and where we were headed began to sink in.

After a friend realized our desperate situation, she offered us a room in her basement. When friends and family were informed of our plight, the first question was always, “Why don’t you just get a job?” At first we attempted to explain, but we had a hard time clarifying our reasons to our well-meaning inquisitors. When you’re talking to someone who values having a job, it is difficult to explain why you might not want a job.

We occasionally earned a few dollars doing a few odd jobs here and there. But we did that only to keep food in our stomachs and gas in our house—I mean, our car.

I must admit that during moments of deep personal doubt, the idea of a safe, secure job with a paycheck was appealing. But because job security was not what we were looking for, we kept pushing on, living day to day on the brink of the financial abyss. We knew we could always find a safe, secure, high-paying job. Both of us were college graduates with good job skills and a solid work ethic. But we weren’t going for job security. We were going for financial freedom. By 1989, we were millionaires.

I often hear people say, “It takes money to make money.” That’s B.S.—and I don’t mean a Bachelor of Science degree! Our journey from homelessness to being millionaires in four years, and then on to genuine financial freedom in another five years, did not take money. We had no money when we started—in fact, we were in debt—and nobody gave us anything along the way, either.

It also does not take a good formal education. A college education is important for traditional professions, but not for people looking to build wealth. If it doesn’t take money to make money, and it doesn’t take a formal education to learn how to become financially free, then what does it take? It takes a dream, a lot of determination, a willingness to learn quickly, and an understanding of which sector of the cashflow quadrant you’re operating in.

~ Robert Kiyosaki

The Mindset of an Entrepreneur. Continue... -What Does It Take to Be an Entrepreneur?

Entrepreneurs are the richest people on earth. We know the names of the famous entrepreneurs: Richard Branson and Donald Trump, Oprah Winfrey and Steve Jobs, Rupert Murdoch and Ted Turner. But most wealthy entrepreneurs are people you and I will never hear of, because they don’t command media attention; they just quietly live rich lives. I often hear people debate the question, “Are entrepreneurs born or can they be developed?” Some think it takes a special person or a certain magic to be an entrepreneur. To me, being an entrepreneur is not that big a deal; you just do it. Let me give you an example. There’s a teenager in my neighborhood who has a thriving baby-sitting business and hires her junior-high classmates to work for her. She is an entrepreneur. Another young boy has a handyman business after school. He is an entrepreneur. Most kids have no fear, while for most adults, that’s all they do have.

- It takes courage to discover, develop and donate  your genius to the world.

Today, there are millions of people who dream of quitting their jobs and becoming entrepreneurs, running their own businesses. The problem is, for most people, their dream is just a dream. So the question is, why do so many fail to go for their dream of becoming an entrepreneur? I have a friend who is a brilliant hairstylist. When it comes to making women look beautiful, he is a magician. For years, he’s talked about opening his own salon. He has big plans, but sadly, he still remains small, running a single chair in a large salon, constantly at odds with the owner. Another friend has a wife who became tired of being a flight attendant. Two years ago, she quit her job and went to school to become a hairstylist. A month ago.

she had a grand opening for her salon. It is a spectacular environment and she has attracted some of the best hairstylists to work there. When the first friend heard about her salon, he said, “How can she open a salon? She has no talent. She is not gifted. She wasn’t trained in New York like I was. And besides, she doesn’t have any experience. I give her a year and she’s going to fail.” Maybe she will fail: Statistics show that 90 percent of all businesses fail in the first five years. On the other hand, maybe she won’t. The point is that she’s doing it. She has grasped the impact that courage has in shaping our lives. It takes courage to discover, develop and donate your genius to the world. Of U.S. lottery winners who win in excess of $3 million each, 80 percent are bankrupt within three years. Why? Because money alone does not make you rich. These people may add numbers to their checking accounts, but the mere numbers do not make them rich, because they do not change how they think. Your mind is infinite. It’s your doubts that are limiting. Ayn Rand, the author of Atlas Shrugged, said, “Wealth is the product of man’s capacity to think.” So if you are ready to change your life, I’m going to introduce you to an environment that will allow your brain to think—and you to grow richer.

Be Inspired..... Forbes List of 30 Promising Young Entrepreneurs in Africa in 2016

Simbarashe Mhuriro, Zimbabwean

Founder, OurSun Energy (Private) Ltd
31-year-old Simbarashe Mhuriro founded Oxygen Africa in 2009 as an investment advisory company to help facilitate foreign investors in Zimbabwe. In 2013, Oxygen Africa partnered with Swiss-based Meeco Group, a renewable energy company, to establish Oursun Energy Zimbabwe – a joint venture Independent Power Producer that specializes in the development, building, owning, and operating of utility-scale solar photovoltaic (PV) energy projects in Zimbabwe. OurSun Energy has raised $7 million and is currently developing two 5MW grid-connected solar plants in Zimbabwe.

Ntombenhle Khathwane, Swazi

Founder, AfroBotanics
Swazi-born entrepreneur Ntombenhle Khathwane, 32, is the founder of AfroBotanics. AfroBotanics, which Khathwane established in 2010, is a Johannesburg-based company that manufactures premium haircare products using African botanical oils and other natural products and formulas to care for the hair and limit damage as to the barest minimum.

Olatorera Oniru, Nigerian

Olatorera Oniru

Founder, Dress Me Outlet
Olatorera Oniru, 28, is the founder of Dressmeoutlet.com – a Nigerian e-tailer of fashion products, health & beauty products and home-goods. Dressmeoutlet stocks more than 1,000 products from premium designers globally. Dressmeoutlet ships worldwide and currently has customers in different states across Nigeria, Uganda and the United States of America. The company now employs more than 20 full-time employees and has funding offers from notable investors including Nigerian investor Tony Elumelu.

Bonobo Ramokhele, South African

CEO, LeoFortis Group
Ramokhele, 29, is a co-founder of LeoFortis Group, an investment holding company with investments spanning commodity trading, energy, telecommunications, engineering, and mining with a presence in South Africa, Kenya, Zambia and South Sudan.

Thato Kgatlhanye & Rea Ngwane, South African

Founders, Repurpose School Bags
South African entrepreneurs Kgatlhanye and Ngwane, 22 and 23 respectively, are the founders of Repurpose School bags. Repurpose collects and recycles plastic waste into school bags for poor South African students. The plastic bags feature a solar panel in the flap which get charged when the students walk to and from school. These charged solar panels help to provide lighting at night to the students to study.

Lee Grant, South African

Founder, Leegra
Lee Grant, 32, is the founder of Leegra, a South African field marketing and promotions company engaged in sales, merchandising, promotions, product development and strategy. His company services a diverse range of blue-chip clients and multinationals from banking and insurance to fast-moving consumer goods and healthcare.

Samuel Malinga, Ugandan

Founder, Sanitation Africa
The 26 year-old Ugandan agricultural engineer won the Tony Elumelu Prize for Business at the 2015 Future Africa Awards. His company, Sanitation Africa, has developed a full-cycle sanitation system that starts with a local, low-cost yet hygienic modular latrine and ends with the conversion of sludge into cooking briquettes and agricultural manure.

Vanessa Zommi, Cameroonian

Vanessa Zommi

Founder, Emerald Moringa Tea
When her mother was diagnosed of diabetes, Zommi, 21, set out to find alternative treatments to keep her mother healthy. She soon discovered the medicinal moringa oleifera tree which grew in her region, and discovered that the moringa leaves could reduce blood sugar levels to treat diabetes among other medicinal qualities. She partnered with moringa farmers who supplied her with the leaves and processed the leaves into moringa tea which she put into tea bags. Emerald Moringa, the company she founded, sells this tea across Cameroon.

Neo Ramaphakela, South African

CEO, Seriti sa Bosotho
Ramaphakela, 32, is the founder of Seriti sa Basotho, a fast-growing construction company. He began the company in 2011 as a gate-making company but grew it over the last few years into a general facility management firm in South Africa. Seriti Sa Basotho has built several houses in South African townships and also handles painting, plumbing, paving, roofing, plastering, ceiling and renovations.

Mutoba Ngoma, Zambian

Mutoba Ngoma

Founder, Tapera Bio Industries
After studying aeronautical engineering in the United Kingdom, Ngoma, a 31 year-old Zambian entrepreneur returned home to seek his fortune in the renewable energy business. He started Tapera Bio Industries Limited in 2009, a business which is focused on the production and promotion of biodiesel fuel and derivatives of vegetable oils. The company also processes vegetable oils into natural soaps, washing paste and organic shampoo.

Hilda Moraa, Kenyan

Co-founder, Weza Tele
Moraa, 27, is the founder of Weza Tele, a Kenyan fintech startup that provides a number of value added mobility solutions in commerce, supply chain, distribution and mobile payment integration. In May 2015 Afb, a Ghanaian financial services group, acquired the company for $1.7 million.

Eugene Mbugua, Kenyan

Founder, Young Rich TV
The 25-year-old Kenyan is the founder of one of Kenya’s most successful television production companies. His company, Young Rich Television Limited, produces two of Kenya’s most popular TV programmes – ‘Young Rich’ – a weekly show that profiles young, successful Kenyan entrepreneurs, and ‘Get In The Kitchen’- an extremely popular cooking show. Both shows have aired for 9 and 4 seasons respectively, command viewership in the millions, and have sponsorship from several blue-chip companies in Kenya. Mbugua also owns My Yearbook Limited, a company that produces yearbooks and publications for companies, schools and governments. A real-estate company he owns is also developing a 188-unit hostel project to provide housing for students of Kenya’s Egerton University.

Jamie Pujara, Kenyan

Founder, BuyRentKenya
Pujara, a 33 year-old Kenyan entrepreneur is the founder of BuyRentKenya, one of Kenya’s most popular property listing sites. In 2015, South African online media firm One Africa Media acquired a stake in the company. The site, which Pujara founded in 2012, reports 150,000 visitors every month and has more than 15,000 listings of residential and commercial properties.

Tyrone Moodley, South African

CEO, Midbrook Lane (Pty) Ltd
Moodley, 30, is the CEO of Midbrook Lane (Pty) Ltd, a private investment firm. The Johannesburg-based firm typically invests in 7 to 12 private and publicly listed companies at a time with the aim of holding the investments over a minimum period of 10 years. Moodley also serves as a non-executive director of Conduit Capital, a JSE-listed investment company, making him one of the youngest serving board members of a company listed on the Johannesburg Securities Exchange.

Rachel Sibande, Malawian
30-year-old Sibande of Malawi is the founder of her country’s first technology hub. mHub, which she launched in November 2013, is an incubator for technology startups with a special focus on building young technology entrepreneurs through training, skills development and mentorship.

Nadeem Juma, Tanzanian

Co-founder, AIM Group
In 2004, and at the age of 19, Tanzanian serial entrepreneur Nadeem Juma founded Efulusi Africa, a software development company that develops custom software with a focus on mobile finance apps and aggregation. Efulusi is credited for developing and deploying Tanzania’s first mobile banking platform. In 2014, Juma, now 31, founded AIM Group, a leading digital agency in the East African country. AIM Group now has 25 employees and has some of Tanzania’s most prominent brands as clients.

Mike Chilewe Jr, Malawian

Owner, Star Radio Malawi
Chilewe is the son of one of Malawi’s most prominent and successful businessmen, Mike Chilewe. But the younger Mike is charting his own path and cutting his teeth as a media entrepreneur. In 2015, Chilewe Jr, now 26, acquired Star Radio Malawi, a floundering private radio station based in Lilongwe. With the help of media consultants and experts, he has been restructuring the station and is gradually building Star to become one of Malawi’s most successful radio stations.

Kelvin Name, Rashad Seini and Kofi Amuasi, Ghanaians

Co-founders, MeQasa
MeQasa, one of Ghana’s leading online real estate classifieds businesses, was founded in 2013 by Ghanaian entrepreneurs, Kelvin Nyame, Rashad Seini and Kofi Amuasi, who are all graduates of the tech entrepreneurship training program at the Meltwater Entrepreneurial School of Technology (MEST) based in Accra, Ghana. MeQasa provides a free service that helps brokers, landlords and other real estate industry professionals to conduct business efficiently online, while simplifying the search experience for prospective tenants and buyers. Last October, MeQasa secured a $500,000 investment from Frontier Digital Ventures, a global VC firm headquartered in Kuala Lumpur, Malaysia.

Ogunlana Olumide & Chukwuwezam Obanor, Nigerians

Prep Class group – Courtesy Tech Cabal

Founders, PrepClass
Olumide and Obanor, both 24, are the founders of Prepclass- a Nigerian academic solutions provider offering online test prep software, full-length tests, and a Cognitive behavioral therapy (CBT) experience similar to that of Nigerian university pre-entry exams. PrepClass also provides personalized home tutors in Lagos, Nigeria, skilled at meeting individual academic needs. The company has been funded by CRE Venture Capital and the Venture Garden Group.

Kasope Ladipo-Ajai, Nigerian

Founder, OmoAlata
Ladipo-Ajai, 29, is a co-founder of OmoAlata – a Nigerian brand that processes and packages local Nigerian spices and peppers. Its flagship OmoAlata Peppermix which is a blend of fresh organic tomatoes, onions and peppers has been favorably received in the Nigerian market. Kasope Ladipo-Ajai was the winner of the 2015 She Leads Africa Pitch Competition.

Yasmine El Baggari, Moroccan

Founder, Voyaj
22 year-old Moroccan entrepreneur Yasmine El Baggari is the founder of Voyaj, an online platform that matches hosts and travelers who want to share an authentic, local experience. Voyaj, still in beta, allows members to create a profile that includes a video post where they describe their interests and what they have to offer during a journey.

Aisha Ayensu, Ghanaian

CEO, Christie Brown
Aisha Ayensu, 30, is the founder and Head Designer of Christie Brown, an internationally acclaimed luxury women’s fashion label that subtly infuses modernism into carefully selected traditional African fabrics to create awe-inspiring dresses with a transcontinental finish.

Trushar Khetia, Kenyan

Founder, Tria Group & Society Stores
Khetia, 29, is the founder of Tria Group, a Kenyan outdoor transit-advertising firm that uses public transit vehicles to market leading consumer goods in Kenya. He is also the founder of Society Stores, a fast-growing Kenyan retail chain with 5 outlets.

Anda Maqanda, South African

Founder, AM Group
29-year-old Maqanda owns the AM Group – a provider of engineering solutions, focusing mainly on Engineering Consulting, Design and Construction of Electrical Overhead Power Lines, Renewable Energy, Automation and Research and Development.

Abiola Olaniran, Nigerian

Founder, Gamsole
Olaniran, 27, is the founder and CEO of Gamsole, a Nigerian gaming company, Olaniran founded the company in 2012, and it has venture backing from 88mph, a Kenyan seed fund. The company’s games now have more than 9 million downloads both locally and internationally on the Windows Phone store.

Clarisse Iribagize, Rwandan

Founder, HeHe Ltd
Iribagize, 27, runs Kigali-based mobile technology company HeHe Limited, which builds custom mobile applications for businesses, provides 24/7 online and offline support and cloud storage services. Iribagize founded the company in 2010 after winning a $50,000 grant from Inspire Africa, a Rwandan TV entrepreneurial contest. Iribagize’s clientele includes a number of government

Can we see more young Nigerians taking up entrepreneurship?

To be continued........

SEVEN STEPS TO SUCCESS

Seven Steps to Success

1) Make a commitment to grow daily.
2) Value the process more than events( failure, setbacks, success are all events).
3) Don't wait for inspiration.
4) Be willing to sacrifice pleasure for opportunity.
5) Dream big.
6) Plan your priorities.
7) Give up to go up.”

~ John C. Maxwell

RAGS TO RICHES BILLIONAIRE

What’s the rags to riches story that has led a young girl in poverty to become the World’s wealthiest self-made female billionaire?

There’s a good chance the mobile phone you’re using has a screen made by her: “The Touchscreen Queen”, Zhou Quinfei. How can her billion dollar journey help you on yours? Here’s her three big steps to success:

STEP ONE: BE RELENTLESS

Qunfei was born to a poor family in a tiny village in China. Her father was blinded in a factory accident, and her mum died when she was five. Determined to be successful, she quit school at 16 and went to live with her uncle in Shenzen, saying "I don't want to die regretting what I didn't do.”

She got a factory job making watch faces for $1 a day, and sent the money back to her father.

Bored with the job, after three months she quit, but was given a promotion instead. Guessing why, she said “Maybe it was because my resignation letter was well written and this attracted the attention of the factory supervisor”.

She kept being promoted up to management but then in 1993, at 22 years old, her factory shut down. So she decided to take her knowledge, connections and $3,000 in savings and begin her own watch face factory, which she started next doors to her old factory.

The early days weren’t easy: ”Twice I even had to sell my house in order to pay my employees salary. Much like climbing a mountain, it's not your physical strength that will get you to the top, but your tenacity and persistence."

Then, in 1997 the Asian financial crisis hit. This is when her persistence really paid off. She went to the watchmakers who owed her money and settled their debts in exchange for their equipment. So while other factories closed down, she gradually assembled an entire production suite for glass processing for next to nothing.

STEP TWO: BE OPEN TO CHANGE

Six years later, in 2003, she got a call from Motorola, who wanted a glass screen for their new Razr V3 mobile phone: “I got this call, and they said, ‘Just answer yes or no, and if the answer’s yes, we’ll help you set up the process. I said ‘yes’.”

Her success with Motorola led to HTC, Nokia and Samsung also calling. Then, in 2007, Apple launched the iPhone, and picked Qunfei’s company as the supplier.

Ten years late, Lens Technology has 32 factories in seven different locations and employs more than 90,000 staff. Their glass is used in over 50% of all smartphones in the world, and in all Apple iWatches.

A year ago, Quinfei listed her company on the stock market, making her the wealthiest self-made female billionaire in the world. Today she is worth $6.4 billion.

STEP THREE: KNOW YOU’RE UNIQUELY QUALIFIED TO BE YOU

Qunfei says when she was a child she would watch the rain falling on lotus leaves. That’s what later inspired her to create Lens Technology's patented, scratch-resistant coating on smartphones.

'Droplets of water would roll around the surface of a lotus leaf and not leave any trace,' she said.

'If it wasn't for my primary school teacher reminding me to be observant I may not have had the inspiration to think of my invention.'

Ms. Zhou also credits her detailed-oriented approach to her childhood. “My father had lost his eyesight, so if we placed something somewhere, it had to be in the right spot, exactly, or something could go wrong,” she said. “That’s the attention to detail I demand at the workplace.”

How can you see every closed door as a new opportunity?
How open are you to new opportunities that could transform your own success?
How can you use your past experiences to support your future vision?

Use Qunfei’s story as an inspiration for your own journey.

As a self-taught expert in glass, she’s a living example of how, with persistence, every glass ceiling can be broken.

THE WILL TO DO IT!

In 1961, the US president, J. F. Kennedy, asked one of the most brilliant astronauts of that day, Neil Armstrong, " What will it take to go to the moon?". He responded, "THE WILL TO DO IT!"
Meanwhile, the technology to do it didn't exist at the time.

In 1969, the dream became a reality. And the US has not stopped going to space since then.

What did it take for you to succeed academically?
The will to do it!

What will it take for you to succeed in marriage?
The will to do it!

What will it take for you to succeed in business?
The will to do it!

Just think about that for a moment!

Those five words are the most powerful in any achievement.
Our WILL is at the Centre of every and and any success we have and/or ever want to achieve in life.

Summon your WILL and achieve that dream. Excuses paralyze!