For the first time in the last three years of my working career, part of my annual leave that just ended was spent in Kwara state purposely to learn from my teacher, the 3 months secret of success. My teacher was neither a professor nor an investment manager but a retiree turned business mogul.
Please follow the conversation between me and my teacher (papa D).
Question 1: What is your present age and when did you retired from public service, sir ?
Papa D : I am 85 years old. I retired from public service at the age of 55.
Question 2: Sir, I do not want to count your assets, but I can see a mini-estate, products distribution warehouse and block making factory. When did you start accumulating all of these ?
Papa D : I started learning cocoa business from my father very early in life but joined public service after completing my elementary school. It was the savings accumulated for many years from my salary that was used to purchase two acres of land in 1970. The desire to set up block making factory started before the actual retirement from the public service.
Question 3: Sir, you look so much relaxed and comfortable at your age. Please what is the secret ?
Papa D : Simple ! 3 months planning was my strategy when I was in public service.
Question 4: When did you start implementing 3 months strategic planning ?
Papa D: I started implementing 3 months planning when I was at the age of 30.
Question 5: Can you please explain briefly the philosophy behind 3 months secret of success ?
Papa D: Three months planning allows one to be more flexible in the attainment of goals. If you have a project in mind and a year or two is set to achieve it, it can be broken down for ease of implementation. In every 3 months, part of your salary can be used to achieve a potion of your long term goals. And in case there is a little challenge in implementation, one can easily re-adjust and continue.
Three months planning allows one not to easily loose focus in the attainment of any desired goals. When I was in public service, our salary was very small, though the purchasing power was very high, nevertheless saving of little income contributed immensely to the achievement of both my pre-retirement goals and post-retirement business success. Adopt 3 months secret of success today and reform your life circle.
Thank you sir, for shearing your wisdom with me.
Tuesday, 17 September 2013
Sunday, 1 September 2013
Salary Earners Forum: TIPS ON HOW TO CALCULATE YOUR FORTUNE
Salary Earners Forum: TIPS ON HOW TO CALCULATE YOUR FORTUNE: One hidden fact that you hardly see many salary earners discussed in public service, is the salient disadvantage inherent in Retirement Savi...
TIPS ON HOW TO CALCULATE YOUR FORTUNE
One hidden fact that you hardly see many salary earners discussed in public service, is the salient disadvantage inherent in Retirement Savings Account (RSA ).
Between years 2006 and 2007, I asked 4000 workers of local, state and federal public service the following simple question.
What benefit (s) do you desire to get by working for government as a public servant ?
Out of 3500 respondents, 3200 public servants joined public service because of pension and gratuity to be collected in retirement. In a democratic environment like ours, as long as there is legitimate job vacancies, no one is restricted to any particular job. Working for government is a good option, but developing wrong perception about the perfection of gratuity and pension in taking good care of workers welfare in retirement is a major problem, and double tragedy that today's employees must address before it's too late.
It's also a very wrong believe that after working for many decades, pension to be collected is perpetual.
Visit your Pension Fund Administrator (PFA), Pension Fund Custodian (PFC) and / or PENCOM today for clarification on the following questions that will ultimately determine part of your fortune in and outside employment.
1. What is your projected retirement savings ?
2.What is your projected pension collection limit ?
3.What is your life expectancy ?
4. What is your projected monthly pension value ?
When you are satisfied with answers provided to you by your pension managers, then call me to discuss the solution to the inherent problems in RSA as your fortune.
For further information; contact: thesalaryearners.info@yahoo.com OR call : +234 802 756 2783.
Between years 2006 and 2007, I asked 4000 workers of local, state and federal public service the following simple question.
What benefit (s) do you desire to get by working for government as a public servant ?
Out of 3500 respondents, 3200 public servants joined public service because of pension and gratuity to be collected in retirement. In a democratic environment like ours, as long as there is legitimate job vacancies, no one is restricted to any particular job. Working for government is a good option, but developing wrong perception about the perfection of gratuity and pension in taking good care of workers welfare in retirement is a major problem, and double tragedy that today's employees must address before it's too late.
It's also a very wrong believe that after working for many decades, pension to be collected is perpetual.
Visit your Pension Fund Administrator (PFA), Pension Fund Custodian (PFC) and / or PENCOM today for clarification on the following questions that will ultimately determine part of your fortune in and outside employment.
1. What is your projected retirement savings ?
2.What is your projected pension collection limit ?
3.What is your life expectancy ?
4. What is your projected monthly pension value ?
When you are satisfied with answers provided to you by your pension managers, then call me to discuss the solution to the inherent problems in RSA as your fortune.
For further information; contact: thesalaryearners.info@yahoo.com OR call : +234 802 756 2783.
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