How to Make, Manage and Multiply Money the Right Way | Dr. Olumide Emmanuel

Added: 2026-06-01

[00:00:00]People steal most of the time because they don't know how to create wealth and they afraid of the future. So they steal because that lack of knowledge steers up greed and covetousness in them. People are corrupt for the same reason. People are unemployed for the same reason. So when you know how to create wealth then it becomes easy for you to be able to live the kind of life you are supposed to live. Share with you on how to make manage and multiply money. Mm. How to make, manage, and multiply money.

[00:00:35]>> Welcome to my channel. Get ready to be blessed by this message. Please don't forget to like and subscribe to this channel. Get ready.

[00:00:46]>> Now, before we talk about how to make money, let's talk about how not to make money. When you know how not to make money, then you are able to eliminate the negatives and then you are then able to zero in to the positive. There are many people that want to make money in our world today, but they are trying to do it in the wrong way. It's like looking for love in the wrong places.

[00:01:08]Number one, you don't make money by stealing, cheating, or fraud. You don't make money by stealing, cheating, or fraud. Because you have seen politicians and stupid people around you making money by stealing, cheating and fraud does not mean you should follow suit.

[00:01:23]That someone has done it and they seem to be successful does not mean that you should follow them. He said I saw the sinner and the ungodly man making money.

[00:01:32]I became envious and jealous of them until I knew their hand. You need to understand that wealth gotten by vanity will soon diminish. I don't know of any rich and wealthy individual whose name is on the for list who is an arm robber.

[00:01:47]I don't know of anyone that has been able to steal, cheat and defraud people and they have been able to build generational wealth doing that. So you don't make money by stealing, cheating or fraud. Number two, you don't make money by begging. A lot of people have made begging a career as a result of co aent 2K came into our vocabulary. Can I send my account number? It came into our vocabulary. You have a lot of people that have developed an entitlement mentality and they have buried their possibilities because all they are doing is looking up to people to be able to give to them because they have seen that if I can beg five people and they give me 5,000 naira each I can get 25,000 naira just by begging and they are okay with 25,000 naira because that's the limitation of their dream. So you don't make money by begging. I don't know what kind of begging. There are different kinds of begging but I don't have enough time to offload that. But don't become a beggar because you can be a beggar as an individual. You can be a beggar as a family. You can be a beggar as an organization. You can be a beggarly nation and going from nation to nation looking for subsidy, looking for loan, looking for support, looking for organ.

[00:02:50]So beggar beggarly living is all. So number one, you don't make money by stealing, cheating or fraud. Number two, you don't make money by begging. Number three, you don't make money by betting.

[00:03:01]You don't make money by betting.

[00:03:04]You realize that the betting has become an epidemic in our world today. A lot of people don't realize that it's not anything new. Since the 60s and the 70s and the 80s, people have been betting nap 2, palm one, permutation and combination. They have been doing it.

[00:03:19]But please help me answer the question.

[00:03:21]Do you know anyone on earth today that is a multi-millionaire or a billionaire that made their millions and their billions by betting and they have been able to perpetuate wealth doing that?

[00:03:31]None. As a matter of fact, you'll find out that many people that play the lottery, over 87% of them lose the money within the first 24 months. Why? Because any money you don't have the wisdom to make, you will not have the wisdom to manage it. And it's very very important for us to understand that. So you don't make money by betting. Please listen.

[00:03:51]There is something you need to understand. Hope is not a strategy. And one of the strategies that is being used to keep people poor is to give them a hope of a future. Now you can never win the house. So let me explain how lottery and betting works. It works by systems, algorithms and data. So what is done is that they decide how much percentage of the income they have made they will give out and it works basically with 10%. If they really love people and really want to do well they move to 20. There is no betting or lottery that releases more than 20% of their intake. So what happens is the entire slot machine, the entire system, the entire algorithm is written in such a way that for every 1 million we make, we give out 100,000.

[00:04:38]For every 10 million we make, we give out 1 million. So what they do is that by the time many people that are poor in their mindset has given their 100 naira, 200 naira and then they have gotten 10 million then they release 1 million. Now that 1 million that is released, they can give one person 500,000 and give 10 other people 50,000. Now that person that got 500,000, they will now take another 1 million to publicize that person that got 500,000 so that they can get more mu into the ship.

[00:05:10]And then you find out that every time you go around, you will never see a betting site or see a betting office in a rich neighborhood.

[00:05:21]You can't see betting site in Banana Island. You will only see it in, let me not mention the area, but you know your area.

[00:05:29]So you don't make money by what? By betting. So number one, you don't make money by stealing, cheating, or fraud.

[00:05:35]Number two, you don't make money by begging. Number three, you don't make money by begging. Number four, you don't make money by marriage.

[00:05:45]You don't make money by marriage. One of the most amazing thing we have seen right now in our world is that our world has come into a place of depravity where our value system has become so whacked.

[00:05:58]And then you see a lot of people that think that all they need to do is to be an hunter and they are hunting for men that have money so that they can marry them. So you see a lot of 21st century prostitutes online that sell all kinds of things just to get the attention of men listing and listening. Well, you need to understand that all this idea of, oh, I'm a sleigh queen. I want a soft life. Me, I want to marry a billionaire. The question is, if you are praying open and trusting to marry a billionaire, is a billionaire praying open and trusting to marry you.

[00:06:31]And when you ask them, what are you bringing to the table? They say I am the table. How can you be the table? If you don't have a seat at the table, you are the menu.

[00:06:45]So can you say you at the table? So the question now is if a billionaire marries you, can you manage the billions?

[00:06:53]Listen to me young lady. If everything you are bringing to the table is sex and childbearing, you are a liability to your destiny because you love all this girl and you know hello how are you? So how much is everything you wearing? And my hair is 1.2. My bag is 300. my shoe. Everything any man that wants to take me out in the talking stage, he has to have 2 million.

[00:07:18]2 million kill your mouth.

[00:07:21]If we bring your father, mother, brother, sister, if we bring all of you together, have you ever seen 2 million?

[00:07:25]Even if they kidnap you, can your family raise 2 million rome yeah wondering what's wrong with these people? And then you have a lot of prostitutes ALL OVER SOCIAL MEDIA.

[00:07:39]YOU SAID you are selling a house. IS IT HOUSE YOU ARE SELLING on press and bum bum? Check out this house right now.

[00:07:47]Five bedroomedroom bungalow and then it is luxury luxury and then you are a private chief and you are not showing us the food you are selling s I'm a private j I'm a private masseuse. You can't even spend mass see I do private massage room here you are a prostitute hello and then the next deceiving people you know small girl big God now God they run we know that God is not the one running it we know it's not God running it we know it is senator that is running it we know that the person that is running it is a Hello. Hello. Hello.

[00:08:42]>> Someone say hello billionaire.

[00:08:46]>> Say small get big god. Now go. What is God running?

[00:08:50]Small get big god. We know it's not god running it. We know it's all that is running it. We know it's senator that is running it. And then after you have useless your life in the night, you come on morning prayer in the morning and you say you are a Christian. And this same useless people that will come to church and be lifted up on holy hands and be saying why is the power of God not move?

[00:09:08]How can power of God move and then you have a lot of men like that also NFA no future ambition?

[00:09:14]FIFA the future is far away HIV positive having insufficient vision. They are hunting for daughters of rich men they hunting for rich ladies to go and seduce and you see them bearded gang going nowhere they can't bear anything. See a lot of them they have six pack they don't have six figure.

[00:09:32]Three pursuits ordinary three plot of land you don't have. You are carrying three four like a 419. Yeah. You have no shares in the telecom industry. So you don't make money by marriage. Hello.

[00:09:45]Finally, you don't make money by inheritance.

[00:09:49]Waiting for your father to die for you to be rich. You may wait forever.

[00:09:53]You don't make money by inheritance because any money you inherit, as long as you don't know how to make that money, the ability to manage it will elude you. And that's why you see there a lot of people that have become uh you know what we call inheritors of wealth, trust fund babies. Once they get the money, they mess it up. And that's why the days of wheels are over. Rich people don't write will anymore. They put everything in the trust because they know that they cannot trust you. So they tell you what they can give to you. So they manage the money even after they are dead. They determine what they manage. So how do you make money now that you know how not to make money? How do you make money? You make money by working. That's all. You make money by what? Walking. You are either working for yourself or you are working for somebody else. Now listen, work is not a c.

[00:10:39]Don't let anybody sell the idea to you that work is a c. Work is not a cause.

[00:10:44]But there are three kinds of work you need to have. You need hard work. So you need to work hard. You need smart work.

[00:10:49]You need to be smart so that it should not just be muscle power and just do no it's not. Hello.

[00:11:00]So you you you work hard but you also need to work smart and then you need to network. So work is not a course my father work to and I walk. Walk while it is day for the night cometh when no man can walk. He that will not walk let him not eat. Let every man walk with his own hand that which is good. So work is not a curse. But the challenge is that many of us don't know the difference between a work and a job. Your work and your job are two different things. A job is what you do to earn a living. A work is what you are created to do. Your career is what you are paid for. Your calling is what you are made for. So find your work. Fishes don't struggle to swim.

[00:11:40]Pets don't struggle to fly. Why? It's a work, not a job. So when you find your work, money will continue to flow. So you need to either work for yourself which is entrepreneurship or you work for other people which is entrepreneurship. One of the reasons why many of us are working for other people and we are not able to create wealth is because we go there thinking about ourselves.

[00:12:02]People that are 21st century entrepreneurs are no more looking for salary earners. They are no more looking for staff. They are looking for partners. They are looking for people that will come and see that job as their own job. They're looking for people that will find destiny in them and they are ready to release equity. I have staff.

[00:12:21]My PA is here. His salary is not up to 500,000. He has made over 10 million this year. My CO is here. His salary is not up to 2 million. He has made over 40 million this year. Why? Because even though they are part of the workforce as a staff, they have equity, they have commission, they have something they earn. So there are people whose salary is just 250, but they have made 50 million already this year. Why? because they understand that I have a part in this pile because for every big vision there is a small vision. So you just need to find your vision in that vision and tie your own vision to that vision and stay there because whether you like it or not sometime you hear that say I'm asking myself what are we looking for again I see I just came in yesterday and I we still had the discussion with my host the guy that owns a hotel that we stayed in came from just he owns hotel he has and he say he wants to see what's your retirement plan you already almost 70 your children are brought are they coming back so we having THAT DISCUSSION WHY WHAT do you think we are looking for we're not looking for money to eat but it's value it's impact and sometime you ask yourself why do I need to search myself because let me tell you something you may not know there are things you will put money into ordering 1 billion just put it in the treasury bills or mutual fund you'll be earning 14% every month I'll be collecting 12 million without doing anything I'll just be enjoying my life what am I looking for so I can put 10 billion there and I'm I'm cool so why am I doing a resume have you resume where is your worksheet Have you done what I told you is too much stress to be an entrepreneur is very hard to be an entrepreneur in Nigeria means you are a miracle worker and then you have a lot of workers today that they are just a stress to your life they don't know they don't know that they don't know they don't want to know when they are looking for a job they are begging to apply after they enter they are forming union against you and they still can't offer value I can't come and kill myself if it's easy to start a business why did your grandfather not start one did your that start and employ you. Hello. So you make money by what?

[00:14:23]By working. Let's move to number two.

[00:14:24]How do you manage money?

[00:14:27]So once you begin to make money, everybody makes money no matter how small it is. Start thinking how can I increase the money that I make? That's another focus. But now let's move to level. How do I then manage money? Now everybody makes money no matter how little it is. But it is not how much you make that matters. It is how you manage what you make that matters. That's why money management is very very important.

[00:14:47]A lot of people are not able to multiply their money because they are not able to effectively manage their money. So once you make money, the next thing you need to do is to now begin to learn how to manage your money. Now you manage money by budgeting. You manage money by what?

[00:15:03]By budgeting. So you make money by working. You manage money by budgeting.

[00:15:07]Now budgeting is a financial planning mechanism that helps you to balance your income and expenditure towards the achievement of your financial goal.

[00:15:18]Budgeting is a financial management mechanism or system that helps you to balance your income and expenditure in such a way that it helps you to achieve your financial goal. Once your expenditure is greater than your income, your upkeep will become your downfall.

[00:15:35]So don't allow your expenditure to be greater than your income because water go past Gary. So what you need to know is that in budgeting you are sitting down to ask yourself how much do I make?

[00:15:47]How much more can I make from what I make? How much must I invest? How much must I save? How much must I spend? So you sit down and you have a budget.

[00:15:58]Listen, if you don't plan what to do with money before money comes, when money comes, it will tell you what to do with it. And many people because they don't have a budget, they come into a place where the money comes and they spend it on frivolities. They spend it on things that don't matter and then they wake up and realize that the money is gone. Now there are principles of financial management. We can't look into all of them. You get the books, you see some of them. Number one principle of financial management is never spend it all. Never spend it all. That's one of the principles of financial management because if you spend every money you make then you don't have a future. Now please let me help you understand this as we go deeper into this context. Now listen, money is tripartite.

[00:16:43]Money is what is tripodite. Money is a spirit. Money has a soul. Money lives in a body. Money has a past. Money has a present. Money has a future. Now money is a spirit. The spirit of money is called Mammon. That's the central bank governor of the kingdom of darkness.

[00:17:00]Mmon is the spirit that controls your thoughts, your desires, and your impulses.

[00:17:05]That's mammon. Now, the soul of money is value. That's the value of your currency in the marketplace. And it is affected by market forces, monetary and fiscal policies. Then the body of money is that which you hold in your hand, your card or your checkbook or your currency.

[00:17:23]Because money is universal, but currency is geographical. Now, money has a past, money has a present, money has a future.

[00:17:31]Every money you are going to be paid in your lifetime will never be given to you once. So, if you're going to work for 35 years, they're not going to pay you 35 years income in one day. No. So, every money you're going to be making all through your lifetime will be broken into monthly income or periodic income.

[00:17:46]It therefore means that every time you collect that salary or you make that money, your past, present and future is inside.

[00:17:54]So every money you make until you activate the trinity of that money, you can never be wealthy because a portion of that money belongs to your past to take care of the bills you have already incured. A portion of that money belongs to your present to take care of your ongoing obligation. A portion of that money belongs to your future is called savings and investment. So if you spend everything, you have eaten your future.

[00:18:15]You are A WITCH.

[00:18:17]BECAUSE MANY times we need to face reality. My future is bright. I get is a lie.

[00:18:28]Your future is not bright.

[00:18:31]You know why? There is nothing called future. The future is a concept. The future is an ideology. Today is yesterday's future. He bright.

[00:18:41]Today is the tomorrow you spoke about yesterday. 10 years ago. So if they told you that 10 years later you will not have a car you say God forbid are you not here now there are many things that God forbid that your stupidity permit your intelligence level permits your attitude permits your ignorance permit and life permit so God forbid is not a prayer hello so you need to understand that so if you are now eating everything you have eaten your future there is nothing called future is a concept is an ideology when you enter into the future it will enter today future will be waiting for you so once you Understand this. Never spend it all. For every money you make, a portion of that money must be set aside as savings towards investment. Now we've heard it said you need to save a minimum of 3 months, 6 months, whatever it is. Find your number. We have learned number now. So find which one works for you. But you really need to save a minimum of 6 to 12 months of your living expenses in cash.

[00:19:35]Now listen to me. You can go to my YouTube channel. I don't know. I have a entire six part series developing a savings culture. Now savings is not an investment.

[00:19:44]Savings is not an investment but savings is required towards investment because savings is setting money aside for a purpose. Investment is sending money on assignment for a return. So you save so that you can have money to invest. So you need to know never spend it all. The second law of financial management is delay gratification and live within your means. Delay gratification and live within your means. A lot of you you look prosperous but you are poor.

[00:20:14]When it's time to buy car instrumentally you television instrumentally you when it's time to buy land instrumentally I don't believe is it true everything is a scam you doubt everything that will help you but when mm come you will accept when come you accept and they don't say another one don't come now and and the quick because you are the market so you are the one that we hear that will tell us we don't hear those things because we are not in that frequency we only hear when there is house in Dubai and there's house in Caribbean and they they doing a new island on the Maldives. That's what we we are hearing. We are not hearing that there's something else that you be putting money to be collecting money because they know they sell it to you.

[00:20:54]It's called hope. It's not it's not a strategy. They just give you hope hope to keep you hopeless and then you keep pursuing and pursuing and pursuing and it doesn't happen. So you need to understand that is very very important.

[00:21:05]You need to delay gratification and live within your means. Many of you all the money you are making that there are three things you can do with money. You can waste it. You can spend it. You can invest it. Foolish people waste money.

[00:21:16]Average people spend money. Wise people invest money. You are buying B straight.

[00:21:20]Your life is not straight. Back and shoot to match. Your life is not matching your bank account. Fix eyelashes. Fix nail. Fix your life sister.

[00:21:29]See all these brother they just looking.

[00:21:31]They going to the gym using beer beer to deceive sisters. Bearded gang. And you can't pay school fees. You can't pay house rent. Any sister that has the misfortune of entering your life, you say, you know, there baby, you know, there's this investment. Can I have 2 million there? Can I have 2 million there? What? What a man. Hello. Very very important for you to know that. So number one, you make money by what?

[00:21:54]Working. You manage money by budgeting.

[00:21:56]Let's close with number three. You multiply money by investing.

[00:21:59]You multiply money by investing.

[00:22:02]Investing is sending money on assignment for a return. So as you begin to move through life, you need to know that investment is what you're going into.

[00:22:09]Now, what's an investment? An investment is anything that appreciates in value.

[00:22:14]What's an investment? An investment is anything that produces cash flow.

[00:22:18]Anything that appreciates in value, anything that produces cash flow, that's an investment. So, that's your focus.

[00:22:25]Because you may start out working for money, but your plan should be to get to a point where you will no more work for money, but money will begin to work for you. is to get to that point where the income from your assets and your investment is enough to take care of you. That's the financial statement.

[00:22:41]That's the number she's talking about.

[00:22:43]So if you know that you need 2 billion to take care of yourself every year, you then have assets and investment that brings 2 billion. Once the asset and investment brings 2 billion, financial independence has come. So whether you work or you don't work, the money is the working for you. So instead of you working hard for money, let money work hard for you. Do you understand that now? So, how do you make money?

[00:23:07]How do you manage money?

[00:23:09]How do you multiply money? So, what do you invest your money into? There are three different things you can invest money into. But let me talk to you about three of them or maybe four because of time. Number one, maybe five.

[00:23:24]Number one, invest in yourself. People ask that question over and over again.

[00:23:27]Where do you think I can I have? How do you think I can put the money to? No.

[00:23:30]Invest in yourself.

[00:23:34]Say you have 5 million. First take 500,000. Buy book. Carry the book. Go to redeem camp and spend 7 days. Just carry water. No food. That's your food. Man shall not live by bread. Carry water.

[00:23:46]Just be drinking water and be so that your brain will open up because open heavens is not open sky. Open heaven is not open cloud. It's open consciousness.

[00:23:53]That heaven over thy head so that your brain will open. That's why it's called open heaven. So that you have understanding. So that that software of poverty that is running your life will be removed. Because poverty is a spirit.

[00:24:05]Poverty is a mindset. Poverty is an habit. Poverty is a lifestyle. Poverty is a state. And the spirit of poverty can be dealt with by prayer. But the mindset of poverty, prayer cannot do it because ignorance is not a demon. You can't cast it out. So when you have the mindset of poverty and all you are thinking of, let me just marry a rich man, you will suddenly realize that wealth is not sexually transmitted.

[00:24:28]that marrying a rich woman does not make you rich. You are a poor woman married to a rich man. So if the man, listen to me, if all you have is your husband money, you liability. If that man dies today, can you live the same quality of life you're living now? Can your children go to the same school? Can you pay the same house rent? If you don't have it, then I'm a slave queen. You will soon be slave by poverty.

[00:24:48]So number one is what? Invest in yourself. Invest in your financial intelligence. Invest in your gifting.

[00:24:54]Invest in your potential. Invest in skills development because if you know better, you will do better once you have that understanding. Number two, invest in entrepreneurship, entrepreneurship.

[00:25:04]Look at different things you can do to offer products and services that will offer value to your world because money flows in exchange for value. So, invest in entrepreneurship. Now, when we talk about investing in entrepreneurship, you don't have to be the owner of the business. It is better to own 10% of a billion than to own 100% of a thousand.

[00:25:26]So you don't have to be the owner.

[00:25:28]Imagine when Flutter wave and pay stack came up. If you only own just 5%, you know where you'll be today. In 2019, March, April, um Zoom went public. Not many people took them serious. One year later, by March, April of 2020, as a result of COVID, Zoom entered another financial status. Many of the people you are calling billionaires today from the Microsoft to all of them their vessels they don't even own up to 20% of the business you are calling there are people that own 5% making money you don't know their name so entrepreneurship does not mean you must go and start a business I'm the damaging director I'm the I'm the no that's not what we are talking about carrying complimentary car I'm an entrepreneur I'm an entrepreneur house rent you can't pay school fees you can't pay why go and look for a job and just be collecting 250 I plan your life Hello. Think about it.

[00:26:19]That man you are looking down on in traffic that selling girl is richer than many of you. You are wearing suit and tie like a 21st century slave on a salary scale and inside an official coffee that you call official car and you're looking down somebody in traffic. But what they are making every day if they multiply by that is more than your salary. Many of those women you see in the market, some of them borrow money from micro finance and they pay 5% every month and they have never defaulted. That's 60% peranom that they are paying. Do you know what it means for you to carry 500,000 say mama does your business? And if you have 500,000 with 10 of such people do you know what will be coming? Many of you don't understand just I want to rent shop you know compliment COO CEO what's your problem?

[00:27:07]Hello.

[00:27:09]So entrepreneurship so you don't have to own it. You can be a co-owner. You can go into fractional ownership just 10% equity of something big. That's your own part of the pie and you are good to go.

[00:27:19]Next is to consider money market and capital market. People use you see people don't know Nigerian stock market has been doing well globally. Right now we are one of the top market in the world today.

[00:27:30]All you are hearing is bad news. Bad news bad news. Bad bad news. You join people join people to be talking what you don't understand. Hello. So you can do stock market, you can do money market and you can put money in all these different things. You get 17%, 16%, 12%.

[00:27:46]And your money is there and it's bringing something for you. The next one is what? Real estate. Real estate. Real estate is the only real investment.

[00:27:55]That's the only real investment to all other investment they are just coming behind. Because if you are not in real estate, you are not in business. That's the only business. Name any business in this world. Every business is a real estate business. It's because you don't know. So to me I'm into education. Is the school not real estate? Is the host not real estate? So me I'm a medical doctor. Hospital not be real estate. I'm a pharmacy. The pharmacy is not a real estate. Me I'm hospitality is the hotel not real estate. Is the restaurant not real estate? Is the investor? I don't real estate. He said no you don't understand. I'm a politician. Is the parliament house not real estate? Me I'm a man of God church be real estate. I'm into IC where your tank farm is not real estate. Me I'm into transportation. The road no be real estate. Car park no real estate, airport real estate. So there is no business on earth that is not a real estate business. So once you understand you go into real estate, a city today was a village yesterday. A village today will be a city tomorrow. You don't wait to buy land. You buy land and wait. If Lagos is not working, come to autout and come. But if not working, move to Osho, move to a go back to your village. You can do farming. Hello. So there is so much that can be done in real estate and then you make money and then finally intellectual property invest in your own brainchild.

[00:29:07]You are so arrogant about wearing designer clothes, designer shoe. When will they start wearing you say no this my shoes designer is leave it on? When will they when will they start wearing sh is is is cushy. When will they start wearing you today? When will people become proud of wearing you?

[00:29:27]What's your own brainchild? What's your intellectual property? What are the things that came out of you that people must pay to partake of it? So that's what you begin to do. You make money by what? Working either for yourself or for other people. You manage money by what?

[00:29:42]Budgeting. You multiply money by investing. I hope with this few points of mind. I've been able to convince you and not confuse you that you can do better. Thank you. God bless you.

[00:29:51]>> I believe you have been blessed by this message. Please like, share, and subscribe. God bless you.