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Friday, 1 July 2016

VVF – The secret formula of the rich.


What is VVF

Let me start this way: think of all the wealthy person you know, am not talking about your Dad or that rich man in your neighbourhood that works in an oil company- they are all employees- they might be rich now and before you know it they lose everything or even work all their life and then retire waiting on pension. That is how it is for employees. The wealthy men i am talking about are men like Bill Gate, Dangote.  Adenuga, Mark Zuckerburg etc these are men that even if they dont work again, these are men that even if they don’t work again, the system that they have built keeps working for them. 


These men are so wealthy because they all apply a simple formula call V V F. Every successful business operates on the formula of V V F.

What is V V F?
VVF stands for:
V: value
V: volume
F: frequency
To explain this I will use example of people who are very successful in their business.

Aliko Dangote
Alinko Dangote is the richest man in Africa. Dangote is so rich that he is more than two times richer than the second richest man in Africa. Dangote produces sugar, cement, spaghetti, salt, rice etc. this are produce we use every day. Every time we go to the market to buy this product, Dangote makes money, in other words we are putting money into Dangote pocket. We don’t even know we are doing that, and we don’t mind doing that because we get value from his products, we cannot say that we will no longer buy rice or sugar or salt or cement because Dangote is making money, no, we cannot, because the product is valuable to us and we cannot do without it.
 
Volume: this is the number of persons Dangote produce is able to reach. We all know that dangote products go beyond the shores of Nigeria.  So his products is accessible to a large volume of people.
Frequency: because Dangote’s products has value, people keep on coming back to purchase in every day. That is frequency.

 Let us look at another example:
 Mark Zuckerberg.

Mark is the CEO of facebook. You are reading this on my blog right now, but you got to this maybe through facebook, we all visit facebook at least once a day- in reality much more than once-. Some of us are on facebook all day. We are on facebook because facebook is giving us value. We  are able to connect with friend, see and post, we do a lot of things on facebook, and that is the value, we don’t even pay for the value we get from facebook but facebook makes millions of dollars daily because of our presence on facebook. we can’t say because facebook makes millions of dollars daily that we are not going to use facebook again, no we can’t say that, because we get value from facebook.

Volume: even though Dangote started in the 70s and Mark started in 2004, Mark is three times richer than Dangote. This is because facebook is able to reach even a larger volume of people. Facebook is virtually in every country in the world. facebook has about 1.44 billion active users and this is increasing every day.

Frequency: people use facebook on a daily basis because of the value they get, so they keep coming back, and because they keep coming back, facebook keeps on making money.

Now that you understand what VVF means, I want you look around you, look at every business that is flourishing, both locally and international. you will notice they all follow this formula. once the owner has set it up, it automatically flourish on its own, in as much he follows this formula, if a business is not following this formula, it will crash after a period of time either when the economy changes or when the owner dies. Also look around you, look at short live successful business that have crashed or companies that have folded, you will notice that they did not apply this formula.

Now that you know what VVF is. I want to show you how you can start applying it in your business. If you don’t have a business. I will show you a business you can start with just 150 to 250 Dollars and start  making as much as 1000-3000 Dollars per month after you have spent 30days building this business of which i will always be there to give you every necessary assistance with materials both online and offline for as long as you want. If you are not interested in building this business you are free to leave now but if you are success driven please go ahead.

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