From Employment to Empowerment: Attaining Financial Freedom and Personal Empowerment During and After Paid Employment
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About this ebook
If your response to any of the questions above was YES then this book is a must read for you.
This is a look through the employee maze and a guide to assist the employee in attaining empowerment at all levels of their lives and live free to exit paid employment a success.
Ayo Emakhiomhe
Ayo Emakhiomhe is a business and personal development consultant. He consults for SME’s and start ups or businesses that want to move to the next level and cannot seem to find that next step. He has succeeded in helping a lot of companies and individuals start off, find their feet and raise funds for their business. He has over 10 years of banking experience spanning several positions from FCMB to Zenith bank, Guarantee Trust bank, Oceanic Bank and Ecobank all in Nigeria where he bowed out as the manager of one of their branches in Apapa, Lagos. He has his B.SC (HONS) in Accounting from Olabisi Onabanjo University, Ogun state, Nigeria, an MBA from Obafemi Awolowo University, Ile-Ife, Nigeria. He is an associate of the Nigerian Institute of Management (NIM), a member of the Institute of chartered Economists of Nigeria (ICEN), a member of the Institute of Operations research (IOR) in the United Kingdom, a member of the leadership system of Daystar Christian Center, Lagos. He is the co-founder and vice president of the Coinbox Entrepreneur Network and MD/CEO of COINBOX LIMITED (a business support company). He is a real estate developer and he is also the co-founder of Coinbox Cooperative multipurpose society, a Cooperative that supports small businesses. He is married to the love of his life and better half- Frances with two angels for kids.
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From Employment to Empowerment - Ayo Emakhiomhe
© 2013 by Ayo Emakhiomhe. All rights reserved.
No part of this book may be reproduced, stored in a retrieval system, or transmitted by any means without the written permission of the author.
Published by AuthorHouse 08/19/2013
ISBN: 978-1-4918-0288-5 (sc)
ISBN: 978-1-4918-0289-2 (e)
Any people depicted in stock imagery provided by Thinkstock are models,
and such images are being used for illustrative purposes only.
Certain stock imagery © Thinkstock.
Because of the dynamic nature of the Internet, any web addresses or links contained in this book may have changed since publication and may no longer be valid. The views expressed in this work are solely those of the author and do not necessarily reflect the views of the publisher, and the publisher hereby disclaims any responsibility for them.
CONTENTS
Acknowledgements
Foreword
Introduction
Chapter 1 Life As An Employee
The Salary Mirage.
Poor Work And Life Balance.
An Illusion Of Indispensability.
A Deceptively Perfect Working Environment
Trust
Past Experiences.
Pension/Gratuity.
Savings.
Chapter 2 Having A Life In Paid Employment
Balance:
Rest:
Security Savings:
Support Your Spouse.
Watch Your Costs.
Fall-Back Plan.
Self Development.
Integrity
Networking
Diet And Exercise
The God Factor
Know Yourself
Take Large Doses Of Patience And Perseverance
Chapter 3 When You Suddenly Lose Your Job
A. Watch Your Attitude;
B. It’s Not Your Fault
C. Don’t Ask For Alms, Ask For Arms
D. What Happened To Your Back Up Plan?
E. Reduce Your Daily Expenses
F. Ready, Fire, Aim
G. Relax
H. Mentor
Chapter 4 Moving Into Empowerment
Self Definition
Leadership
Efficient Life Management—Elm
Planning
Other Peoples Time
Chapter 5 Be Deliberate In Your Acts
Chapter 6 The Future
Endnotes
References
About The Author
ACKNOWLEDGEMENTS
If you have been my boss before, my colleague or worked with me in some way before while I was an employee, I thank you because, you are the characters in this drama, and I owe it to you.
I thank my father-Jehovah Efizzy for inspiration for this book and all the practical experiences shared in it, you indeed are the ultimate author of my life.
I also appreciate my pillar and better half for all her support and encouragement. I thank my family for giving me a life path that led to this book and now includes it.
My thanks go also to everyone not mentioned here but instrumental to this book before you today.
FOREWORD
Are you in any form of paid employment and wondering why you can’t break free? Are you tired of working for money and want money to work for you? Have you been looking for the right path to take to move on to the next level in your job/career? Do you feel as an employee you are better than what you are getting presently? Do you have your life after paid employment adequately outlined and maybe even in motion? Do you seek financial freedom? Do you feel trapped on that job? Are you still happy with your job? Do you seek more happiness on the job? Do you feel you have lost your motivation to work?
If your response to any of the questions above was ‘YES’ then this book is a must read for you.
This is a look through the employee maze and a guide to assist the employee in attaining empowerment at all levels of their lives and live free to exit paid employment a success.
This book is for you if you are an employee in any industry. No matter how disperse the industries are, the principles of employee empowerment and financial freedom are the same and the issues affect us all as long as we are in paid employment; experience for the book I have learnt from my years of business development consultancy and paid employment. This experience I now want to share with you so that like me, you can live free.
Hop in lets go for the ride!
INTRODUCTION
We experienced how the global financial crisis affected those around us; friends, colleagues, subordinates, neighbors, superiors and retirees. No industry was spared especially those that were able or unable to cope with sudden job losses. As a live participant in the banking industry in Nigeria and a world observer of the financial crisis, I can accurately tell you that it has been a bitter pill to swallow, especially when you are not ready for it.
That is what inspired this book; to tell my colleagues and all those in paid employment that a day will surely come; it will be either voluntarily by retirement, resignation or forcefully by retrenchment or outright sack. What are you doing in preparation for that fateful day? It is never too early or too late, the time is now.
I was at a seminar sometime back where a former bank MD who is now into real estate was giving the story of how unprepared he was for life after banking and how he had struggled to stay overboard for a long time. He also talked about a former bank MD in one of the banks in Nigeria who retired in the early nineties and took his severance package in joy to go live the rest of his life in blissful glamour, after all, such a huge payoff will not finish for like another two life times, but to his amazement,