The core theme is the critical importance of "wealth literacy" – understanding how to create, grow, and protect wealth through asset ownership and cash flow generation, rather than solely relying on traditional employment or financial literacy.
Mind Map
Click to expand
Click to explore the full interactive mind map • Zoom, pan, and navigate
Okay. Okay. Thank you. Oh, cash flow assets and then ownership.
I think some of the executive directors as a head of department,
head of oil and gas, head of
managing director managing director so which I'm not saying is bad but
There is no better brand than somebody who actually owns things that are cash
who actually owns things that are cash flowing assets. Bill Gates
flowing assets. Bill Gates Papa um Dr. despite
Papa um Dr. despite papa Ibraim all these big men they don't
papa Ibraim all these big men they don't need to wear specific kind of
need to wear specific kind of $5,000
$5,000 to let you know-sh
we usually talk about the company is the asset that is
the company is the asset that is creating that brand for them. Mhm.
creating that brand for them. Mhm. >> Which is telling us ownership is power
>> Which is telling us ownership is power because right now
fresh you can't do anything.
Fine. business
business these wealthy people have realized that
these wealthy people have realized that is their assets that is speaking for
is their assets that is speaking for them
for example Ibraim I want to start the sale of cars
I think I've shared this example before and
What do I have? Like whatility do I have? What do I have?
because of they will give me the car because they know the kind of
because they know the kind of credibility and brand that the man
credibility and brand that the man carries because of the things that he
carries because of the things that he has the things that he's able to do.
So they are thinking about wealth because relationship is another form of
because relationship is another form of capital.
You can have all those things. A lot of us may have it. But sometimes the
us may have it. But sometimes the relationship that you have with people
And this wealth that we are talking about we shouldn't also look at it in a
about we shouldn't also look at it in a form of
the wealth can also be the knowledge that a person carry the experience that
that a person carry the experience that a person carries
I don't have usually referring to all the levels of capital
the levels of capital in terms of wealth creation. Money is is
in terms of wealth creation. Money is is the least of it all. It's just a two.
the least of it all. It's just a two. But relationship capital is the highest
But relationship capital is the highest of it all.
I'm going to achieve maybe thousandf of what I could previously achieve.
what I could previously achieve. Our relationship with people should
Our relationship with people should really play a key role in the world
really play a key role in the world journey that we want to create
because I'm sure they talk about how they are
I'm sure they talk about how they are going to make each other the best how
going to make each other the best how they going to bring the best in each
they going to bring the best in each other
mind you maybe sometimes they may talk about those things but predominantly
How can I create more asset? How can I own more?
And it's because ownership is actually um power and if you don't own things,
um power and if you don't own things, you don't have any authority. And it's
you don't have any authority. And it's sad that
and people were happy about it. And I made a comment.
This is not something we need to jubilate about because these people are
jubilate about because these people are gradually taking over
because these people are owning that retail space
of commodities in our country because they own so they have the power. So
charge of some of these things wealthing avenues cash flowing
it means that we have a problem. And last but not least
data don't lie. Data it doesn't lie. And that is because
he doesn't lie here
here is wrong.
is wrong. You can never lie about it because the
You can never lie about it because the data doesn't lie at the end of the day.
data doesn't lie at the end of the day. It's not it's not by emotions or uh
It's not it's not by emotions or uh prophecies that is just by the way. But
prophecies that is just by the way. But all that
all that doesn't lie.
Mr. Good evening. Yes, sir.
Yes, sir. Hello.
Hello. >> Okay.
And I and I I fell within that
fell within that space.
space. How do you cope with that?
>> How do you cope with that that conflict? >> Okay. How do you cope with that? Um I
>> Okay. How do you cope with that? Um I think over time there will be drift.
Combative. So I think those guys are just just like
So I think those guys are just just like us. They're learning.
us. They're learning. They take different position and they
They take different position and they turn into arguments, you know, sometimes
turn into arguments, you know, sometimes anger.
Okay. Want to hear those things from you.
But uh especially at the workplace I think some the best way is to
I think some the best way is to understand people from where they are.
>> it depends on what you know like depends on what you know. Yeah.
I think but there's always one or two that you can grow and you can go your
that you can grow and you can go your network as well. Look for people who are
network as well. Look for people who are going somewhere and connect with them
going somewhere and connect with them and talk to those people more than these
and talk to those people more than these other guys because the sad thing is that
other guys because the sad thing is that these guys will never introduce you to
these guys will never introduce you to anything from it.
anything from it. So sometimes when you take audit of your
So sometimes when you take audit of your life,
life, >> you see that friends who have been able
>> you see that friends who have been able to introduce you to very you know things
to introduce you to very you know things that have led you to something prominent
that have led you to something prominent are not those who are arguing so much
are not those who are arguing so much with you.
the way you like business go and watch this channel which is like our channel
this channel which is like our channel but I was in a lecture I didn't hear
go and watch this channel the way you like business.
So u take friends for different reasons and where you want to build intellectual
and where you want to build intellectual you know finance and things get those
you know finance and things get those who are also interested in those that
who are also interested in those that way conflict
way conflict easily.
easily. Okay.
Okay. The second question
just last month starting a new business I started selling cars
of motors. So I sell cars mainly through social media platforms Facebook and
social media platforms Facebook and Instagram.
any type of car. I can just get it for you.
you. >> Mhm.
Yeah. And and they also say I sold the car now car the cost was 225,000.
car now car the cost was 225,000. 225,000
and as a
as a because of African consciousness I was I
because of African consciousness I was I was like this guy is making a wrong
was like this guy is making a wrong financial decision but
financial decision but because I'm also doing business
because I'm also doing business because
because employer
employer M 100,000
M 100,000 another 125,000 from another bank just
another 125,000 from another bank just to buy the car
back and forth weeks. Three weeks just because
because it will take some time before it reflect
it will take some time before it reflect contract. So many things
do I have to teach do I have to teach the
the but on the other side I'm also going to
but on the other side I'm also going to lose so do I look at um teaching
lose so do I look at um teaching humanity against
humanity against >> do business do business are you a Okay.
>> do business do business are you a Okay. Okay.
Okay. Great. Great.
So, how do you prevent somebody from enjoying their dream?
enjoying their dream? >> Exactly. Exactly.
You can just contact me on Facebook or Instagram.
054 25 0542574355
Okay. Right. Hey,
Hey, I hope um somewhere.
somewhere. Yes, sir.
because >> you have you have a lot of buffersh
and yeah there's a lot of things that so many things know many
so many things know many classroom nothing a lot of things
classroom nothing a lot of things so many topics extraordinary topics
All this kind of information This were all there.
Just to counter it. Uhhuh.
I always try to put it out there. I can't
I came the seminar was one of the reason why I came but unfortunately
why I came but unfortunately But I joined online with the family.
But I joined online with the family. Yeah.
Yeah. >> Yeah.
different businesses.
right. Great. All right.
Yeah. >> Yes sir.
>> Yes sir. Yeah.
That is what we were supposed to think about long long long time ago. And
about long long long time ago. And unfortunately
kind of information all the time. I don't think
look at look at our age. Look at where we are right now
from what we know right now kind of education
kind of education corporate
corporate tribute
tribute >> because now our aim is to is to own the
>> because now our aim is to is to own the even the ladder itself not to to follow
even the ladder itself not to to follow the not to climb the the ladder.
the not to climb the the ladder. >> We want to own it. We want to own the
>> We want to own it. We want to own the the ladder itself not to um to climb the
the ladder itself not to um to climb the the ladder. That is our focus
I'm running from great. Why am I run away from greatness?
in a way I'm not ready. I'm not ready.
most of us we are not aware because to bridge that gap
bridge that gap and I love what he said when he went to
and I love what he said when he went to I just comment on that
in every aspect we some of us we don't have a problem because we know what we
have a problem because we know what we get anything
get anything we we We we will pay because we know
we we We we will pay because we know what you've made us achieve. You've made
what you've made us achieve. You've made us achieve what I said. But the masses,
us achieve what I said. But the masses, no, majority
no, majority majority of of of of the Ghanaian
majority of of of of the Ghanaian population
I say, "Oh, um Oh,
Oh, country.
Do you know how long it will take you to get that money? Even when you get that
get that money? Even when you get that side,
Every time you
speakers of
of the Ghanian population. >> Mhm.
But what about the youth? What about those coming
those coming books?
is one of the best ways to because the the average Ghanian Tik Tok Facebook
say for time to come
for time to come we will definitely reach many people.
The number plus 44 73
73 >> 85 63 09 81
>> 85 63 09 81 + 44 73 85 63 09 81 Because if you if
+ 44 73 85 63 09 81 Because if you if you if you think about
you can never get it in the classroom. How? Where?
How? Where? What? And we we appreciate it so much.
What? And we we appreciate it so much. So much.
But the kind of freedom, the kind of information,
information, the consciousness,
the consciousness, it it give us peace
it it give us peace to the extent.
We will try as much as possible to impant this message into them.
But you still do all these things for us.
Roasted cashew is going on. It's going on.
is going on. It's going on. >> Yeah.
>> Yeah. >> Yeah.
All right. Thank you so much. Yes, sir. Thank you, brother. Thank you, Ray.
Thank you, brother. Thank you, Ray. Thank you. All right.
Yes. Last year last seminar
just not also the asset. The asset must cash flow.
focus and then liquidity focus on liquidity in Ghanaian sense How do you
liquidity in Ghanaian sense How do you achieve that
achieve that economy? How do you make sure say
economy? How do you make sure say they needed liquidity so that anytime
they needed liquidity so that anytime you have the need for cash
when students are off school when there's vacation you don't
school when there's vacation you don't have the cash flow that much
have the cash flow that much diversify into other things
becomes a backup you know
you know >> I know say in the community a lot of
>> I know say in the community a lot of services are mobile now we have
services are mobile now we have >> mean
Yeah. Yeah.
beyond real estate can stand time, the economic crisis,
can stand time, the economic crisis, inflation and all those things. Beyond
inflation and all those things. Beyond those things, what else do you think
available So for instance,
I think those ones have some strength to withstand a lot of pressure.
able to map up something based on your condition. But
based on your condition. But there are people who have done this and
there are people who have done this and done this many many times. It's just the
done this many many times. It's just the understanding. Okay, this is the word
understanding. Okay, this is the word and how what does it mean where I am?
probably situation. Some of us
Some of us it could just be the normal things.
It doesn't mean only just one. If the concept is working
only just one. If the concept is working well,
well, open up more.
>> Yeah. >> Okay. So,
very huge. Very huge.
There's a physical facility that you own.
own. >> Yeah.
if you look at our society, there are so many things that we can innovate.
It can affect resilience. How
is a whole system on it own that is built
automatically that position becomes part of your character
becomes part of your character and that itself protect you
that protects you from a lot of distraction.
As a matter of fact, Everybody is a system that we have built for ourselves
system that we have built for ourselves based on our daily activities, our
based on our daily activities, our routine, even our character.
If you look at the chain, you see why they didn't they couldn't survive
they didn't they couldn't survive because the the system that they built
because the the system that they built knowingly or knowingly was weak.
All right. >> Okay.
>> Hello. >> Hello,
>> Hello, Mr.
Mr. >> Madam. Yes, madam.
>> Madam. Yes, madam. >> Good evening.
>> Good evening. >> Evening.
business idea business opportunity right away we can go into it
marriage register free
those kind of comments. Yeah. Yeah. Yeah. Yeah.
It's all because because I thought of it. My dream.
Plus one. 2 4 0
2 4 0 475
plus 1240 475
475 4571ation
Wow. Good.
That's you say one.
papa papod
That's it. Thank you. Thank you.
Thank you. >> Yeah. Thank you very much.
>> Yeah. Thank you very much. Okay. Uh
Okay. Uh okay.
Cash flow asset. Cash flow asset and ownership.
you are what you repeatedly do. Excellence is a process.
Yes, sir. Hello.
>> Yeah. >> Okay.
And then survival mentality when you are creating welfare
creating welfare mentality. Survival mentality.
polyutens. Tele
imported drugs ownership.
And these are all as part of ownership. process.
So the rich invest the average people spend money.
spend money. The h the poor waste money and the rich
The h the poor waste money and the rich invest money.
When I'm up, the enemy sees me. When I'm down, the enemy don't see me.
down, the enemy don't see me. Ambush.
God's time is the best. What God cannot do doesn't exist. But they don't know
do doesn't exist. But they don't know say God cannot print money for you. God
say God cannot print money for you. God cannot create your life for
cannot create your life for you.
But politics
ownership flow.
Wealthy mobile money, mobile money.
Monday through Friday, Sunday, 365 days in a year.
Even 2,000 5,000. You are not questioning the poverty.
You are not questioning the poverty. Question. Okay. Why my dad was poor?
sense of ownership. Forget it. You don't get it. Forget it.
The higher the more education, the higher education, the more you are
higher education, the more you are separated from the wealthy place.
That's it. Yo, prophet
She came to me. Security
But I tell you,
Yeah. 100 Ghana cities large, medium and small
identity. I'm saying one
Be my dream. Be my dream.
six months. Jimmy.
All right. Okay.
Texting. >> Good evening.
>> Good evening. >> Yeah.
Okay. >> Yo, Gabby.
after. A lot of people are
The number of youth last years
And some few days later, the man followed me to
And most of the people in fact we don't take any decision
didn't lie down because a whole lot of
I'm able to do four hours of your videos I have to do it because
kind of future future.
future. Yeah. Because
doing a whole lot and you I've been able to encourage my friend
to encourage my friend by virtue.
You manage all a lot of hatching. Yeah.
Because of you, we able to make family. We able to make family.
especially with the local materials local materials.
Good evening. Yeah, man.
No. So
I'm also laptop
ownership. Wealth is ownership.
Because last year
the number 02. >> Oh yeah. Okay. That number
>> Oh yeah. Okay. That number >> 825
>> 825 42
42 26
26 02
02 825
825 426
>> Mhm. Yeah,
I change your life forever.
wife years.
>> Yes, sir. Thank you.
information. Boom. Memory card
Memory card storage.
Okay. Do not hear us.
Do not hear us. Okay.
Click on any text or timestamp to jump to that moment in the video
Share:
Most transcripts ready in under 5 seconds
One-Click Copy125+ LanguagesSearch ContentJump to Timestamps
Paste YouTube URL
Enter any YouTube video link to get the full transcript
Transcript Extraction Form
Most transcripts ready in under 5 seconds
Get Our Chrome Extension
Get transcripts instantly without leaving YouTube. Install our Chrome extension for one-click access to any video's transcript directly on the watch page.
