Pocket Without Holes E-Book

Nathan Isaac

• Herausgeber: COMMUNE WRITERS INT'L
• Kategorie: Fachliteratur
• Sprache: Englisch

Veröffentlichungsjahr: 2023

Beschreibung

The book, “Pocket Without Holes” is a highly optimistic and pragmatic approach towards improving your personal finance. It is a practical personal finance guide and an uncommon resource for start-ups and aspiring start-ups, written by renowned business growth strategist, Nathan Isaac.

Do you think you need to improve or scale up your personal finance? You just found the right place, the right tool and the right guide to achieve that.

Leseprobe

POCKET WITHOUT HOLES

AN OPTIMISTIC & PROACTIVE APPROACH TO IMPROVED PERSONAL FINANCE

NATHAN ISAAC

POCKET WITHOUT HOLES

WRITTEN BY

NATHAN ISAAC

[email protected]

COPYRIGHT (C) 2023

ALL RIGHTS RESERVED. No part of this book may be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopying, recording, or by any information storage and retrieval system, without written permission from the author or publisher.

Published by:

COMMUNE WRITERS INT’L

www.communewriters.com

[phone]

6, Amusa Street, Agodo-Egbe, Lagos

Published in the Federal Republic of Nigeria

TABLE OF CONTENT

Acknowledgement

Introduction

Part 1

THE PROACTIVE MANAGER

#1 Money management from the parable of the dollars

Part 2

GAINING ACCESS TO FINANCE

#2 Understanding Money

#3 Your Money and Your Mind

Part 3

KEYS FROM THE HISTORY OF MONEY

#4 The Background of Money

#5 What is Money?

Part 4

THE CRAFT OF MAKING MONEY

#6 What is Measurable Value?

#7 Money as a Medium of Exchange

#8 The Cycle of Exchange

Part 5

CREATING A PRODUCT

#9 How to create a PRODUCT

Part 6

MAKING AN EXCHANGE

#10 The Science of SELLING

About the Author

ACKNOWLEDGEMENT

I am super grateful to my team. Thank you, Emmanuel, Imane, Marcel, and Ezinne for your priceless support.

Thank you to my superhero and role model Dad, Dr. Joseph Isaac. Thanks to my ever-supportive Mum, Dr. (Mrs) Chinyere Isaac. You set the pace and a huge part of the reason I am where I am today is because you did a great job.

And to my adorable wife, Melody, I just can’t thank you enough, thank you for all you do behind the scenes to make sure I am able to do my work. I love you.

Thank you!

INTRODUCTION

"The best way to manage money is to make more money" - Nathan Isaac

Would you allow me to sew your pocket and fill it up with money? Nothing would give me more joy than to see you become better with your finances. Every chapter of this book is crafted specially to put more money in your pocket because the best way to manage money is to make more money. I will not be discussing assets and liabilities; you can figure that out yourself. One man’s liability is another man’s asset, so I can't draw your balance sheet for you. I don't have the right to tell you what to do with your money, rather I am more interested in helping you improve your finances.

Yes, I want to sew your pocket and fill it up with money. "Sewing your pocket" is a figurative expression for mending your financial net. When something has a hole, what naturally comes to mind is a leakage, and that's how many people think. When you are overly ‘leakage-conscious’, you tend to think in terms of minuses – cutting down costs, trimming budgets, etc. There is nothing wrong with thinking that way. However, it becomes wrong if it makes you focus on reducing costs and living below standard all your life. When you constantly think in terms of leakages and minuses, a simple vacation will look like a liability. As such, you continue to shrink until there is nothing admirable about you.

Hence, this book is not about being petty with money, nor about assets and liabilities. Money is meant to be applied towards profitable use and the profitable use of money is very relative; it varies from person to person and situation to situation. It is supposed to be enjoyed too and that is yet another profitable use. So, my philosophy is; to keep doing what you should, to ensure that you can afford your lifestyle. Also, strive to become a better person, live a better life, and help as many people as you can. A person with a leakage mindset cannot achieve all these things because what you focus on becomes your reality. If you have a scarcity mindset, you will always envision scarcity and give reasons for your actions. On the other hand, if you have a mindset of abundance, you will attract abundance in all ramifications.

Whenever you hear that something – a bucket, a bag, a pocket, or a net – has a hole, there are two ways to see it. According to the law of duality, there will always be two sides to a thing; the same glass of water that is half-empty is also half-full. What a situation will be to you depend on how you see it. You can either see a hole as a leakage – an expenditure, a pileup of bills – or as a hindrance. A hole here is imagery used to illustrate imperfection in finance. Now, the first mindset, the leakage mindset, makes you want to patch up the hole so you can retain the little you have. However, the second mindset, which sees the hole as a hindrance to abundance, will make you want to patch up the hole to equip yourself for more. They are both patching up the hole but for different reasons. Those reasons will determine the line of actions to take, and these actions will make the difference in the results they will have. One person will say, “let me patch up this hole so I can retain what is in the bag” and another will say, “let me patch up this hole so that this bag can contain more”. They are both patching up holes but for different purposes; they are driven by different mindsets. The one patching to retain just wants to tie up what is left in the bag, whilst the one patching to accommodate more is trying to create capacity for more.

“One person gives freely, yet gains even more; another withholds unduly but comes to poverty.” Those were the words of the wisest King who ever lived, Solomon.