 Thanks for staying with us now, most people are living paycheck to paycheck and developing additional streams of income can really help you feel more financially secure rather than relying on the single paycheck experts say and it can put you in a position to grow your wealth. The viscifying income streams is a strategy the wealthiest are already employed almost to third of self-made millionaires 65% have at least three sources of income according to rich habits. Author of Tom Corey who studied the habits of 233 millionaires including 177 self-made millionaires about three in ten had five or more streams of income before you start a side hustle or pursue a new revenue stream. One of the most important steps is to be sure and clear about what do you want to achieve with it. So we are asking how can we create multiple streams of income towards financial freedom that's the question. And please let us hear what you have say remember you can join the conversation send us an SMS or WhatsApp to do it one eight zero three eight four six six three you can also tweet at us at we show Africa one with the hashtag we show. Now I just remembered something I want to attack money on live television. So that's how they called you for something that you know that is not your 40 and you just say I can do it money why why you do so many things I just remember guess what I didn't do it but you wanted to do it if I did not thank you that don't you know that that is who has job you guys don't even say that seriously don't come to money with any business plan or she will just call a bit but you are someone that you do a lot of things yeah my name is money money I thought you got the memo honestly for me I actually I am a believer in multiple streams of income because it just helps you to be financially secure. So the reason why people work make money is because of security exactly look at what we just talked about. So for me I just feel that be secure financially and okay with what happened two years ago with COVID-19 I know a lot of people lost their jobs they did not think people that did not even think that it could happen they lost their jobs. So what happened they you know started living lower than they would want to live. So for me I just feel that have different sources of income. I worked in different banks and in one of the banks I was in the HR department. So I came out of banking I've set up my law firm law firm is 12 years old this year but I also have a HR company running on the side I also have you know different services interior national in there but the truth is I am a believer for many reasons it helps you to create financial security it's a ticket out of debt then it also helps to control your blood pressure because if you have money then you have peace of mind. Yes so for me it's about all these things and then you know right from when I was a child I always had my mom my parents saying don't put all your eggs in one basket so why do I go to school come out be as old as I am and put all my eggs in one basket why would I want to do that so I diverse diversified some of us were just beginning to wake up well wake up this morning absolutely let me bring in our guest Mary Alma Williams is a performance driven premium and luxury brand builder with a vast knowledge of exquisite luxury brand across high-end time pieces and jewelry and luxury lifestyle she's skilled in management luxury retail sales and marketing strategy with a BSC in business administration from Covenant University we have two guests so Chinalo on the other hand Chinalo and Nene is an eccentric real estate consultant passionately sent a enthusiast and endearing childhood educator Chinalo fondly refers to as Nello is definitely a spontaneous being with different creative hearts she's currently the creative head of a romantic NGS a home for girls brand and the head of sales and marketing at the top leading real estate development company in Lagos she is a powerful force to reckon with and uses her tireless energy to break new financial grounds and succeed so and might I add they're both looking and smelling beautiful I was to just it's it's losing of the sense so thank you so much Nello and Mary for joining us tonight so first of all you guys look amazing I've already said that like a billion times you know so last week right this conversation started of last week and it was quite instructive for us because we were talking about you know vocational institution and we met with a CEO of a particular company that you know just launched her her factory where they train people and for us it just said a lot of things it said things like not the regular or the traditional vocational studies that you have in your head that you know it's almost like you don't have any work you want to do in this life you go and learn how to fight for pop and all those kind of things so for me what she did she just blew my mind because I now saw someone like myself actually looking towards going into learning the vocational skill someone like my name because now there is a standard and you're not just doing it because you feel like doing you know that when you do it you get it right and it will be like an immediate push into growing whatever it is that you wanted to you know grow before you even decided to go in that first place so maybe I'll start with Mary if you can just share a bit of your background quickly and what made you go into learning you know I think this perfumery you went to learn or something or candle making awesome yeah um so basically I started business administration came out of school I did NYC and banking and then I went into to luxury retail so in between luxury retail I'm at a post and I've always had a passion for scents incense candles I'm always you know burning something and I've wanted to learn about it so I came across a Bella on Instagram yeah and you know it just keeps popping up I mean algorithms and all of that and I'm just like okay I might as well take this on the industry is huge you know it's a growing industry and I can see the potential in it as much as even when I worked at Polo how I knew about the first thing that drew my attention was I walked into the office and I'm like this face smells nice what is it you know so I looked up where they buy their diffusers from you know and I'm always buying one candle always buying something and everything and it's a huge industry I want to tap into and I went to a Bella and she did an amazing work really um the insights that she gave is really amazing you can see that this is not someone who is just saying let me just do a business because everyone is into business there's a structure towards everything she's teaching you the calculations you know the minute details and also she's telling you about aesthetics she's telling you to think globally so I've seen the industry space it's a it's an industry space that is growing wild and I decided to take up an opportunity in it because I do like sense I'm crazy I I'm really grateful like how everyone says oh I'm sweating nice because that's like the greatest compliment that I can ever get like if I'm spraying a perfume it's like oh like when I come outside and someone says what are you wearing you know it's heavenly to me you know and I've I've burnt candles and I've had my friends say oh Mary like my clothes smell like your house you know and it gives me so much joy and you know I'm also learning the psychology behind sense and you know it's really powerful as well so that was how I got into the awesome awesome that's quite interesting let me come to you now okay so my story is quite interesting because I mean when it comes to multiple streams of income I think I'm like a pro at that I'm a typical evil girl so there is I mean for me from I'll take from university it's either being event planning it's been okay these comes tell me we can't you know we can sell clothes we can sell shoes do you know we can do I mean as far as it brings in money I'm there so I mean how did I I know right so yeah how did I start I mean for it was initially when I said my brand aromatic I wasn't I didn't have any technical knowledge right so I was outsourcing my product so I had people that were doing private leveling for me and then I realized you know I think the thing can be better because I got I had my fair share of disappointments like sometimes I'll get the condos and then they're not properly made or the diffusers I have customers complaining you know and then of course I saw that advert to you know learn and then I went there and I'm like okay you know what let me actually learn this and it was interesting for me particularly because you know when people say they're going to learn hairdressing they're going to learn but there's this look they always guess you know just doing exactly and I'm like wait it's not actually so bad to learn it's good and I I've come to understand that with where the world is going you definitely cannot survive without having multiple streams of income you have to do more than one thing I lost my job I didn't have a job for three months and I don't know how I would have survived if I didn't have other streams I mean I would have I don't know what would have happened so I'm very grateful for the opportunity and I mean I would also want to tell people that see don't look down on that genetic vocational training of any sort it's actually very very important to have multiple streams of income so I like what you touched on I'll come to you Manny I like what you touched on because again this is what we're saying that and that was why it was very instructive for us when you know Abela she's my friend but it's beyond friendship I know the story I know how I was doing in a pic to be testing whether the countless men are both her attention to excellence and detail you know got me very very interested in her brand so I monitored it over the years so when that eventually kicked off I said finally so you see the reason somebody will look down on somebody that is going to go and do hairdressing really how many apart from the very few salons that started you know branding themselves in a particular way how many people would say okay you can boast of you know graduates you know from top universities coming to your your vocational school to come and learn something it's very difficult and that's why we were saying you know I mean when we talked last we were talking about the government has to take it seriously look at the young boy we talked about the solar cars just imagine if there is a vocational school where I can go and learn how to replicate what he's doing and more people you understand so what do you think happens to the overall GDP of your economy right so for me multiple streams of income is not just something that we should just be looking at it and be sounding very very too it has to be something that must be be in our subconscious that everybody must understand that you cannot just do one thing right but let me come to you money okay um I would like to ask you some questions like what did you study in school okay so I studied computer science computer science okay so um you didn't mind going to a vocational school because you know you you talked about the look you get from people when so you're going so what would you say to the people now that are watching our viewers who have this thing they want they feel like learning something else another skill but they don't have the time they don't even think that um their jobs would allow them yes they don't have the time and they they don't have the money to pay for it what do you have to say about that okay so the truth is let me start from time right the truth is you create time for whatever matters to you so if you don't and I mean if you if you have a passion for something right you will someway somehow I mean you can't say you don't have two hours every day so to speak right and thankfully some of these vocational schools now have like what I call it part-time right so you can actually walk in and have a conversation I said okay I actually do a nine to five and I want to do this so what plan can you draw for me so I don't think time is an excuse again I would say um having multiple streams of people it's very important to look at the way it is going okay now there are people that are jackpot I mean you go to a strange land right probably go for school or you relocate with family or something I hear most people almost my friends that I know how to have relocated say oh I mean I'm earning XYZ I know that I still need more money and I know people who have lends make up who have lends hairdressing who have lends whatever and then that's how they're actually you know making extra income to survive right so you can find yourself anywhere at any time so ideas please don't then how about the money part you know and I don't know how much you pay to learn you know this skill what do you say about it to the viewers who want to know if it's expensive um expensive is relative if I'm being honest but you see nothing good comes cheap too right but also that's why we need to bring in the government into this so if the government also creates means I remember growing up there used to be a technical college around I don't know if we still have things like that these days so I think government needs to do a great job developing those technical colleges so that people like Papela for example can then go there and offer classes I mean I'm trying to be as expensive as it be in her in her school right and there are several other things people could learn so if the government encourages vocation vocation or put it as a vocational training they would create means to make it cheaper like subsidize yes yes so so I'd like to hear from Mary because somebody will look at us they are this lady's posh you know this kind of how do you do you know the wonder why you decided to pick luxury because luxury is not particularly it's not particularly that it's not as popular as you have it is just recently now that people are really paying attention to the kind of things they use their cuttings their bedsheets and all of that so how would that translate into real income you know that it's like an everyday thing you know for you but you know what I just want to take us through one small break when we come back from the break you'd answer that question stay with us we'll be right back oh if you're just standing we're having an amazing chat with Chinnello and Mary on creating multiple streams of incomes towards financial freedom now please let us hear what you have to remember you can join the conversation send us an SMS or WhatsApp to read one eight zero three four six six three you can also tweet to us at weisho afka one of the hashtag weisho all right so mary I asked the question around luxury right because you know people have argued that if you want to be a billionaire in this world you must make sure that whatever commodity that it is you're selling is for mass market right so how are you able to you know um look at this say this field and see that yes there are so there's a lot of opportunities in the what's it called the luxury space right now because I know it hey how this would I say hey that is when I calculate I'm putting templates of hair on my template of land on my head you know but luxury is actually getting is gaining a lot of grounds and all of that but how are you able to why first of all why did you choose luxury and secondly how are you able to translate that into income for you um so basically I like the lifestyle you see that you just look like the baby girl the baby girl that you are I'm right from when I was you know young yeah even my mom or my aunties would tease me this one you like Shakira some more just like you know you just and I had an auntie you know who's a bit boxed up so I used to everything I'm taken after I see how auntie carries her bag okay you know and I got into the luxury space and it's huge social media also has helped as well you know to boost the lifestyle to say okay there's there's more to the basic leaving you know I'm just earning my small money and you know you're now saying you can do more you can explore and we're in an age where everything has to be aesthetically pleasing you know beauty comes in every way from how you're appearing on tv you know from what is it and sometimes I've realized that's just all it takes is the aesthetics when you now add your technical know-how and your quality to is to it you can set your pricing as high as you want to go to appeal to the people who are on the target market you know so for me that that's what it is um is created in common sense that these days I mean like you said about the girls everyone's pushing the lifestyle you know in as much as I'm promoting pushing the lifestyle in an authentic way authentic way because that's where I said money gives you freedom money gives you peace you know and we talk about how today Gen Zs are moving you know from one job to another it's because we don't see ourselves trapped in like our parents generation for most of our parents who are who made it today they're either the evil business people or they're the ones in politics or you see how they just stayed in service and retired you know my parents are not even business wise so I I haven't I'm telling you I have a struggle you know coming out of that you know because it's just let's get a walk and I'm just like no like I mean that doesn't allow me to express myself you know how I want to um I want to be in another country and still be able to work and still have money working for me um when I visited Abela I could see the potential you know she has gone beyond creating products to now creating an empire where you're also empowering people you know to to you know do better and have other multiple streams of income if even relating it to my parents you know you're going to Venkandu making they reach you know understand when I came out when I came out of school when I came out of school I went to learn makeup so now I would say I haven't even seen myself be that vocational I mean handy but I've always just had a flair and you know everything fits together in some way it could be an advisory it could be the hands-on you know so for whatever it is I'm doing I want to go beyond like just selling the product I want to educate you so selling luxury to me is also teaching people what luxury is it's not just about carrying a berkin bag and you know it's something that comes from within you know it's a soft stance when you see confident people yes the money does you know help to boost your esteem but it's a lifestyle that comes from within and I can see that in this generation in my generation it's something that is you know is making waves right now so if you can create a business out of that people want what is aesthetic decreasing as little as their instagram page you know you want it to be arranged you want it to look you know a certain way and the older generation sometimes when you have these conversations they cannot understand they can't they can't they can't relate but the truth is you know you're addressed how you be addressed yes um if I walk into a place and I'm going for an interview and I look this way you know there's a certain level of respect you know that comes as well if I'm speaking about my candles there's a certain level of technical know-how I'm also very strong on quality so luxury is not just about how expensive it is are you getting value for your money for your money do you understand um like where I braid my hair everyone like because I do braids a lot everyone always asks me oh where do you do your braids and now I can see that the young lady she's really good she's I like how she picks my hair I'm that detailed um but so like what I can see now for her is that she doesn't have that branding that aesthetic oh she's gonna put you in a AC environment but she knows she knows the job do you understand so every time every time yeah every time I'm going there I know I'm not going for fancy I just want to get my head down properly so now being Gen Z being educated going to school is refining such things you know I like when I walk into a hickey's hair and I'm offered tea it sounds very bougie but come on it's what we want it is my hair supplier you know it's what we want you know is that you walk into a store and the person greets you and the person says oh welcome ma you know they remember your name they remember it's it's lifestyle incorporated and you know that's well that's the area I want to focus on that's the aspect I want to you know deliver service on you know because I'm you know the funny thing about what you just said is the biggest missing link in Nigeria today we don't understand customer experience and Uti would always talk about customer experience because customer experience is what guarantees their calmness in business because you can be everything hickey is also someone that I know when she started you know she chop all our money away you know but it but if you go into her salon for instance you realize that you know this is someone that is doing this business with a difference right it's not just you know yes you can get your lash done anywhere but there is something more that they are offering so how do we tie up all of this because yes we want to push for look and I'll come to you Nelo we want to push for multiple streams of income but how do we tie it up in a way that we are not losing the quality of what we what is being delivered amongst all the multiple streams that we are trying to yes you know that we are maintaining a standard of excellence quality you know what's it called value for money and all of that with your clients ensuring that as you're making that money you're also giving excellent delivery as well how do we tie that up okay so personal experiences right so I'll start with I've been a teacher and I was a teacher at the British primary school so I mean you can imagine the caliber of people that are bringing their children there means not cheap right so you're dealing with people that have that so that belong to a certain class and I mean if you misbehave they're pulling their child out the next day so there's that I think it all just boils down to people having quality training right so I mean if as a teacher in such school I don't have the education to know that okay if I'm dealing with this kind of situation this is how I should handle this I should treat this child this is what I should say this is what I shouldn't say I wouldn't know what to do and what's going to happen there but I might be the excellent teacher right delivering quality education and whatnot but if I'm not warm to that child child is not retaining any knowledge absolutely so I've lost on that end now let's come to me being a realistic consultant I'm dealing with clients that wants to buy houses over talking about 100 million 150 million they're spending a lot of money there you can't I can't I mean even if yes we know how these people can be sometimes they're talking to you in setting that will make him some demands that don't just make any sense right but then you have to you have to know how to address them you have to know how to cajole them you have to convince them to do whatever it is or rather to spend whatever money it is they want to spend you're selling candles or you're selling diffusers or you're selling room sprays or whatever it is if your product is not great enough even if your product is great and then you have a client that wants to buy and your client has probably complained and said to you oh you know the last time I got the 150 gram candle um xyz happened there was a sink in there was this those and I'm just like I don't know what happened leave with it that person won't come back to you to buy right so I think it all just boils down to boils down to having adequate training because that's the only way you are able to then sustain manage all of the things that it is that you are doing so that's that's absolutely I think even to add to that outside of even the training you also need to add you know expertise in a lot because there's so not expertise knowledge of you must really know what it is you're in and out of of it right and again people management emotional intelligence you know I was also going to add to that human resources because if you're sitting in your 9 to 5 you're not going to be able to run around and do the things you're supposed to do so you need human resources you know you know people food soldiers doing the running around let me add something I have to testify to that because it's been so I started I started my home fragrance brand last year and it was a struggle for me because at the time I had a proper 9 to 5 and I started that business out of the blues I literally woke up one day and I had always had it in mind right but I decided to take that step I just took on like I'm doing this today and if I didn't have the people I have in my life right now I don't think I don't know how because we literally planned a brand launch in I think five days yes five days and it was they were all looking at me like I was crazy but then I had people who believed you and could run around for me actually tell me she was she's like no you know what we're going to do this today she didn't know what's going on what's up with the curator have we gotten the candles have we gotten the fuses so I think that's very very correct my resources is very very important very important because I run multiple streams of income I know the power of people so I have people at my disposal yeah I say money money to you yeah see well okay yeah to an extent they're loyal so you find some that are very loyal you find some that are not so loyal you just have to learn how to manage them with people you manage people some of them have been working with me for over 10 years 12 years yeah so loyalty has been accomplished over time then there are some of them that just started working with me maybe a year ago and he's still building so you build it they're building blocks but we're going somewhere absolutely so let's take some comments good evening ladies you have intelligence intelligent guests with you great ideas and implementation Nigerian government should create an enabling environment for citizens to attain a greater height do have a great weekend ladies this is adi and he's sending us message live from the uk thank you adi for the days that our youtube decides to work but so I I like to hear you you want to take your message now okay go ahead okay we have daniel illo uh regular saying good evening my dear beautiful sisters of what are you saying ways concerning the idea of financial freedom and making extra income it is very important to the individual my dear beautiful sister Chinelo just hit the nail on the head and made a strong point by saying that you cannot make it and survive by doing just one thing alone salary earners to be honest and sincere cannot make it comfortably alone because some of them end peanuts and they need to complement it with adding part-time businesses to it let's take an example from the guy who had so much talent in his head and hand and built a car I am sure that by now he's surviving comfortably who knows it may even be the breadwinner of the family thank you daniel illo so haven't um because it is beyond just learning the skill so what are the drivers for them pushing what you have learned to actual sales you know converting this you know so what you know what do you what would you advise you know so after that um are you going to take more classes for probably marketing she's already looking like she's a brand consultant she's a brand expert you know because when you listen to her you would know she's a brand expert because when when it comes to because it's beyond just selling honestly sometimes guess what people can actually package sand and sell it to you and tell you this is the best thing that happens to you if he sends sold water yes that made him fortune yeah I mean uh what's his name will smith son as well he's selling water too now so I mean so it's it's it's not just about the product anymore so now that we've learned the skill to do the work like maybe we've gone to learn scent making uh candles we've learned hair making nails and all of that so how do we translate that into a proper business that is now generating the income you want to go first okay um it's not so easy you know everyone's going to say entrepreneurship entrepreneurship second trim of income second trim income my dear when you actually hit it you would just say please let me see that and use my 95 collect my salary you know um it's really not so easy but what I would say is the driver is if you have a vision if you have a vision of where you're going that is going to be what will push you um I'm someone who works best on how I feel so learning the candle class everything I'd written that candle class I went back to like my notes from uni because I journal a lot and I really know from candles I mean up on those exact things as I when I was in like 100 level in university wow so like even getting to the class there are times when I'm looking at a bella and like as in our eyes are locking and just like you know yeah you know um so now transitioning that into sales hasn't been easy also because I do not want to just give anything out I don't want to just put anything out there all in the name of I want to make money maybe because I'm in the luxury space and I'm saying if I'm going to sell a candle for 25k or 35k I have to be giving you something there's there has to be a reason why you're coming back so there's a lot of you know building building up that you would do and um coming out and says well no one's going to push you sometimes yeah I'll be honest is your poverty that's going to push you to you know to translate it to do it um I can't they're no they're no technical know-how but you have to put up a strategy you have to put up plan have to put yourself out there look for funding if you do not have funding if it means taking loans borrowing just to get it running you know put yourself out there social media has made things a whole lot easier for us what are you saying and not a situation where you put it out for a while and you sit back it's something you have to constantly be doing yeah do you understand like it's like sales like I mean you have to be on yourself so even when I'm resting even when I feel like let me drop it in my head my mind is thinking is this candle thing you know is this going to blow from this kind of thing if you sleep if you sleep on it you're sleeping on you know whatever it is when I'm buying something if I'm buying here I'm thinking have you bought measuring scale have you bought your candle things you know that's a driver your situation will drive you your passion your passion will move you you know and for me I mean phase where I just I want to create with my hands you know not even necessarily yes I know I've gotten to a stage where I know that the money is going to come okay money has to come out of it you know but you have to believe in that dream I think the believe really is even what pushes you the most you know I had I had myself asking I found myself asking my friend a question to say she started a food business and I said I saw him like is this what you'll be doing now as in and she said what do you mean by that like why do you think I can't stay here doing this food business I'm making a million like millions out of it and I thought to myself I looked at parents around me my auntie has been doing catering it's only food for specializing what you're doing and that's where your treasure is definitely that's where your treasure is in fact the longer you're doing it the more you're gaining grounding in it the more your expertise is growing you know and with your own unique selling points your own authentic self that you're bringing to it that's what separates you out absolutely I'm definitely you make money we were talking and we forgot that the time has flown away if you had one thing to say chinello what would that be um okay so what drive me or let me use myself what drives me I want to make money I'll be all shh so how do you tell me everything you've learned into cash for you so I've tried to make everything as practical as possible and then make sure that I'm actually people love to see consistency so I've made sure I'm consistent in everything that I have I'm putting my hands into that I think that's that's it money you had anything yeah if I have one thing to say I would say that um for some people they feel very guilty when they need to do another stream of income you know because they think they're being disloyal to their employers so for me I don't think it's you're being disloyal even in the bible there's a parable about the talent and he says that god gave some five some two I just feel that I'm one of the people that god gave maybe like 15 talents maybe like 15 and I have to express myself I have to find a way so if you are the final outlet let me know what I would just add to what mani has said if you're under an employment try to make sure that the work is not suffering thank you so where there's a problem is where you lose focus if you want to do something everybody needs those multiple streams of income but ensure that you're dedicating your time to who is paying you salary because if you don't they will start here and if you don't um when you start employing people they'll don't thank you actually thank you as well thank you I think we had a friend what a great way to wrap up the week thank you so much Melo thank you Mary we had a fantastic conversation thank you mani money now before we go I'm sure you follow us on instagram said waste your african can interact with us further drop a comment or more importantly follow all our engagements on social media like share and invite your family and friends to watch and follow the conversation now if you miss today's quote here it is again you can only be financially free when you your passive income exceeds your expenses that you are slipping and the money is working for you like Mary says she wants to be in another country and the money will be working for her somewhere else yeah that's what we're looking forward to we'll see you guys live on Monday at 8 p.m as we bring another great conversation to your screen enjoy