We must develop our investment plans and strategies in accordance with the third investment principle. If you don’t do well with your investments in a quoted company, you shouldn’t expect a high dividend as a return on your money.
We must be aware of the best way to maximize returns on any investment we make. Let’s take a look at the stock market as an example.
Investing in First Bank PLC on the Nigerian Stock Exchange, which has reached a bullish state, would be foolish given that the majority of investors are bailing out after a period of planting and thanking the banks for a good investment.
First and foremost, you must comprehend the investment’s foundation before adopting a plan or strategy that is appropriate for its duration. Because of this, “The General who wins the battle makes many calculations in his temple before the battle is fought, while the General who loses make but few calculations before the battle is fought,” is a quote from the great philosopher Sun Tzu.
You ought to be aware that any plans or strategies you devise do not actually guarantee success because they may not be appropriate for the investments you make, but you should gather the necessary information to help you through.
As a result, you should invest in financial books, business advice, or any investment tool to get ahead of your peers. You must have developed an investment philosophy that incorporates your; goal, time frame, investment returns, and interest rates.
Our spiritual power in business would be the focus of the fourth Principle. Knowing that we may lack the physical strength to overcome a variety of obstacles that arise in our investments or business endeavors. Regardless of our religion or faith, we need to trust God with our businesses if we want to be real.
Proverbs, as written, states: We can also see in our hearts if God can see everything in the world of the dead.” God will direct our paths if we submit our ways to Him. When we run into difficulties, we should always turn to Him. Additionally, I recommend that you refresh your mind with excellent spiritual and motivational literature.
Great writers include; Wonderful works by T.D. Jakes, John Mason, Joyce Meryce, Mathew Ashimolowo, Dale Carnegie, and others can refuel our souls and inspire us to succeed despite challenges. You would discover that what you think are issues are actually obstacles on your way to success rather than actual issues.
The fifth and final principle of investments concerns you as an individual. We all wanted to be great professionals in our chosen fields as children and as adults. Because of this, education may be considered the highest form of investment. I have to say that most professionals and CEOs today don’t use 5% of their brains.
Since we have access to cutting-edge technology at our fingertips, we rarely use our brains for anything beyond basic calculations. They say that knowledge is power. The more we learn, the more creative we become at making positive changes to our lives.
Since change is inevitable, we must invest in ourselves to enhance our business concepts and abilities. Let’s examine Romans 12:2 to support this assertion: and do not conform to this world; rather, be transformed by the renewing of your mind so that you can demonstrate God’s perfect, good, and acceptable will.”
Please make it a habit to spend a significant portion of your income on your mind and brain, as this is an investment that will yield 100 percent returns.
Keep in mind that a key to all successful businesses is knowledge. If you adhere to these fundamental investment principles, you will be amazed at how your business will grow and make more money.
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