Hear this loud and clear: As a graduate, if the next degree you are going for has nothing to do with equipping you more to solve problems, then you are wasting your future and potential. If you are not humble with your degrees, you would stumble financially.
Sometimes, it takes humility to see opportunities. We must be humble enough to see opportunities even in areas we feel are far below our status. Many times, our obsession with degrees is the major setback to living a productive and fulfilling life. Obsession with degrees would always make you lose critical opportunities in life, because when the poor are accumulating degrees, the rich are seizing opportunities.
Some graduates are so proud that they see some legitimate ways of earning money as being below their status level. Many graduates are so proud to look beyond white-collar jobs and see how they can solve problems in their communities.
Some graduates are so proud that they see some legitimate ways of earning money as being below their status level. Many graduates are so proud to look beyond white-collar jobs and see how they can solve problems in their communities.
There is a young graduate in my area who bought a small space to fry yam, bean cake and plantain with stew. He saw a need for that kind of delicacy in our area and many rich and poor people go there every night to buy this special delicacy. The young graduate’s business has grown so much that he now employs three other graduates to help him with the business.
Gone are those days when graduates get white-collar jobs to earn respect. Real respect comes from meeting people’s need and solving problems. Many graduates are going back to school to get more degrees to earn more respect, instead of looking around to see problems they can solve. More degrees can actually raise your pay and salary, but it would never make you wealthy.
The greatest scam in life is to believe that your life would get better with more degrees. Your life gets better when you make other people’s life better by helping them solve problems. It amazes me when people claim there is no job in a country of about 200 million people with problems.
Wealth is simply your response to solving problems around you. When you meet people’s need, your own financial needs would be met. Most people look disdainfully at vocational skills because they feel it is below their status. Hear this: Any avenue to solve other people’s problem and add value can never be below your status.
Many graduates are so proud to learn some soft and vocational skills that would help them solve problems in their communities. Services, such as painting, fashion designing, carpentry, shoe-making and plumbing can be turned into a goldmine with a lot of creativity.
Life is not about what you study in school; it is about the needs that are to be met in your community.
The Tesla and SpaceX boss, Elon Musk, said: “Your skills matter more than your degree.” Musk explained that though credentials can be a nice signal of someone’s abilities, they are absolutely not a prerequisite for achieving incredible things. People achieve incredible things when they have a keen eye towards solving people’s problem and meeting their needs.
Education is about meeting needs and not about flaunting your degrees. It takes deep humility to see the needs in your community and be flexible enough to meet it. You can open a car wash space in your area if there is a need for it. You can open a fashion design outfit if you already have the skill. You can open a barbing saloon in your area. You can start a dry cleaning service in your area if you have a washing machine at home. You can start a rental service for chairs and table in your area.
Sometimes, you may not even have the requisite skills to solve a particular problem, but you can bring experienced minds together and coordinate them to solve the problem. Sometimes, wealth can come from the most unlikely of places.
I would like to share a story about the late Isaac Durojaiye Agbetusin. It is a story of waste to wealth. He is the man that popularised the slogan, ‘shit business is serious business.’ Many people miss out on wealth because they perceive certain opportunities to be far below their educational status. In the case of Isaac Durojaiye Agbetusin, aka Otunba Ghadafi, the opportunity that opened up before him had a messy outlook. What can actually be messier than shit itself? But Agbetusin made his millions in his lifetime as Founder of Dignified Mobile Toilet (DMT), with over 19 branches in Nigeria and seven in West Africa.
He had his tertiary education at Accra Polytechnic in Ghana and later went to the Eastern College of Technology, United Kingdom (UK), where he took up a job as a security personnel and was able to gain ample experience on issues bordering corporate and personal security.
He came back to Nigeria and struggled through many things until the late Chief MKO Abiola employed him as his Chief Security Officer (CSO). Though being around the richest man in Nigeria at that time did not make the job lucrative, but he really gleaned some financial and entrepreneurship skills from the late business mogul.
Agbetusin said: “In terms of financial gain, I would say I did not make much, but I learnt some virtues in him that has made me so thick.” Agbetusin’s breakthrough actually came in 1991 while planning the wedding ceremony of his boss’ son, Kola.
Having been entrusted with handling security, he discovered that only two toilets were available for the anticipated 10,000 guests. So, with his ingenuity, he constructed 18 toilets in three containers, six toilets in each container. Many appreciated his ingenuity, but not what they thought he could build a fortune around.
After the 1993 presidential election, which his boss presumably won, but was later annulled, things became so difficult for him with the incarceration of his boss and his employment was cut-short.
In 1996, he fell back on his idea and designed the first DMT, but for the next four years, nobody ordered for them, whether to buy or to even rent, and things became more difficult for him financially. Nevertheless, he believed strongly in the solution he was providing and held on tenaciously to his idea. He did not allow his certificate from UK to get into his head, but held on tightly to the solution he had provided, hoping that people’s eye would ultimately open up to his idea.
Eventually, his mobile toilet business started getting national attention and DMT went over to construct over 3,000 mobile toilets and became the official toilet in some states in the country.
An idea that came out of necessity later became what many people started demanding to pay for. His rise from obscurity to a star entrepreneur in the country took a turn that had relatively nothing to do with his degrees, but his ability to proffer solution to indiscriminate waste disposal
The late Agbetusin had this to say concerning how pride hinders major breakthroughs in the lives of graduates: “Pride is a disease, a barrier. It is what does not allow people to see business opportunities open in an environment where there is so much suffering and so much problems. It is only pride that would make a graduate to say, ‘I am a graduate, I have a degree in so and so, therefore, I cannot go and learn tailoring; I cannot go and learn carpentry; I cannot go and learn welding; I cannot go and acquire a skill. It all boils down to pride.
“You see, the moment we can learn to take pride out of our lives, we’ll see so many business opportunities open to us.”
Though shit is not what anybody wants to tamper with anyhow, but Agbetusin found his own wealth hidden in waste, even at a time when some members of his family thought it was a demeaning venture for someone of his academic background and international exposure.
He was actually working on a project of turning waste to energy when the cold hands of death snatched him away at the age of 47. He wanted to turn waste to electricity to solve the yearning problem of electricity demand in the country.
Your pride is your stumbling block on your way to wealth creation. Stop allowing your pride to get in the way of your wealth. Go out there and solve problems that are seemingly below your status. Never allow your pride to get in your way of making a difference wherever you are.
What problem would you solve if there were no societal stigma on it? Pursue the solution to that problem and stick with it. Instead of looking at another degree to study, why can’t you look for a problem around you to solve? Your degree can add to your status, but it is only your ability to solve problems that would make you wealthy.