SHINA PETERS VS JIM OVIA
I just saw this online and impress with the author!
In 1990, Shina Peters built a house with N20 million naira; the same year Jim Ovia started Zenith Bank with the same amount.
Today, you and I don’t have a room in Shina’s house but I have an account in Jim’s bank and probably you do too.
Shina’s house was built in Iju Lagos and remains there till date.
Jim’s bank started in a corner and now has over 500 branches in Nigeria, and many international branches.
Millions upon millions transact business in Jim’s bank daily.
Shina’s house is becoming dilapidated…in 2015, he SPENT more money to renovate the house and bought a Nissan Pathfinder with N10 million…additional liability, while in the same 2015, Jim’s bank MADE a profit of N105.7 billion.
Zenith bank employs hundreds of thousands, and feeds their families.
This is the difference between Assets and Liability. If you buy a car for N20 million today, in 20 years time, you will be ashamed to drive it. On the other hand, if you invest that same amount in a lucrative business or in an asset, It may be worth billions in 20 years. ( Jim Ovia is now worth$980million dollars, with the official dollar rate of N320, that means he is worth N313 BILLION NAIRA because of an investment of N20 million).
Spend the little money you have today wisely. Some people driving expensive cars today, are not aware that they are driving their future and the future of their children. Some people carrying iphone7 today, may not be aware that they are carrying their future.
When you are young, don’t spend money. Invest it.
Every penny in your hand is like a seed, you can decide to eat it, or sow it. When you sow it, it will bear much more seeds later in future.
Let’s be smart. AN ESTATE WE WHERE SELLING FOR 2.5MILLION LAST YEAR IS NOW 4.5MILLION. WHAT WILL BE THE PRICE IN 50YEARS TIME?
START SMALL YOUR INVESTMENT TODAY AND WATCH IT GROW. PEOPLE TELL ME THEY CAN’T AFFORD LAND OR AFFORD ATTENDING MY TRAININGS YET THEY DRIVE GOOD CARS AND WEAR DESIGNERS. I STARTED PAYING FOR TRAININGS WHEN I COULDN’T AFFORD A N5000 SHOW I WAS PAYING 10,000 FOR 1DAY TRAINING.I AM GLAD WHERE THAT HAS TAKEN ME TODAY.
Don’t miss joining our INVESTMENT Club. Those Who want to join the founding member of the club should attend this Saturday’s under 50ceo hangout while next week Saturday is the official lunch of the Club both at renaissance hotel.call 08188111999 for more info.
Originally posted 2017-03-23 18:44:30.