0:00
If you are somebody who does not have
0:02
money [music] to start a business and
0:03
you do not learn how to use these three
0:06
things that I will talk about, you can
0:07
[music] forget about it. First of all,
0:10
you have to learn how to use [music]
0:12
one, other people's money. Two, you have
0:16
to learn how to use other people's time.
0:18
Three, you have to learn [music] to use
0:20
other people's skills. What do I mean by
0:23
other people's money? I use [music]
0:25
other people's money all the time. I am
0:28
Ghana's most reviewed Airbnb host with
0:30
more than 6,000 reviews to my name. What
0:33
this [music] simply means is that in my
0:35
business, I've had more than 6,000
0:37
guests [music] who have passed through,
0:39
who have actually paid me money and have
0:41
left reviews to say that my service is
0:44
good. How did I do this? A very simple
0:46
[music] skill. I patiently waited and
0:48
watched people build their houses. And
0:50
when they [music] were done building the
0:52
houses, I appear and I said, I want to
0:54
make money with it. There are ways that
0:55
you can go about [music] it without
0:57
money. And that is what I teach. I spend
0:58
most of my time teaching that in my
1:00
school. You have to use other people's
1:02
money strategically. Number two, other
1:05
people's [music] time. The reason why I
1:07
have enough time to be able to make this
1:09
video to talk to you while I still make
1:11
money is because I have built a [music]
1:13
system. At this point, we talk about
1:15
system building. I have built a system,
1:17
put other people in charge of [music]
1:19
that system so that they come and handle
1:22
that system. They are making money. I am
1:24
making money [music] and it frees me up
1:25
to be able to do other things with my
1:27
time that will make me even more money.
1:29
That is where I talk about a strategy
1:31
called the Jose Morino strategy where
1:33
you become like a football coach.
1:34
[music] What does a football coach do? A
1:36
football coach goes in search of team
1:38
members who are more qualified than
1:40
[music] himself. He looks for a
1:41
goalkeeper who can do the goalkeeping
1:43
more than himself. He looks for a
1:45
defender [music] who can defend the
1:46
football more than the coach. If the
1:48
defender was hit, the coach will not be
1:49
able to do it. He finds a midfielder who
1:51
can distribute passes, [music] you know,
1:53
to the strikers. A coach cannot do that.
1:55
He finds a striker who can score more
1:57
goals than he, the coach himself.