She Leads Africa

“Money Can’t Buy Happiness”: Debunking Popular Lies

In our society, we’re often told comforting lies about money and happiness. One of the most pervasive myths is that “money can’t buy happiness.” While well-intentioned, this advice often comes from people who may not fully understand the complex relationship between financial resources and personal well-being. Introduction: The Truth About Money and Happiness Many of us have heard this phrase repeated so often that we’ve come to accept it as universal truth. But is it really? As someone who believed this for years, I’ve come to realize that this statement is not just oversimplified—it’s fundamentally flawed. What Science Says About Money and Happiness According to research from Very Well Mind, happiness is defined as “an emotional state characterized by feelings of joy, satisfaction, contentment, and fulfillment.” Money, when viewed as a tool, can absolutely help create and support these emotional states. Lie #1: Money Can’t Buy Happiness The Common MisconceptionWhen people say “money can’t buy happiness,” they often mean well. They’re trying to caution against becoming overly materialistic or believing that wealth is the only path to joy. However, this advice typically comes from a place of privilege—often from those who already have their basic needs met. A Humorous PerspectiveI love to counter this argument with a simple, humorous retort: “I’d rather cry in a Benz than on an Okada.” This quip highlights a fundamental truth—financial security provides options and reduces stress in ways that poverty simply cannot. How Money Contributes to HappinessFinancial resources can: Lie #2: Money Comes When You Are Not Focused On It The Myth of Passive Wealth There’s a dangerous narrative that suggests money will magically appear if you’re not actively pursuing it. This is not just misleading—it’s a harmful misconception that can keep people from taking meaningful financial action. The Value of Intentional Earning Money that comes by accident or pure chance rarely holds lasting value. Unexpected wealth lacks the foundational understanding and effort required to sustain and grow it. True financial success is the result of conscious effort, strategic planning, continuous learning, and deliberate opportunity-seeking. Accidental earnings might provide a temporary boost, but they don’t create lasting wealth. Consider the stories of lottery winners who quickly lose their fortunes or unexpected inheritances that disappear within a few years. In contrast, money earned through intentional hard work carries deep personal value, a sense of achievement, better financial management skills, and long-term financial intelligence. Successful individuals understand that waiting for financial opportunities is not a strategy. Instead, they actively identify valuable opportunities, develop necessary skills, network strategically, take calculated risks, learn from failures, and persist through challenges. Waiting passively for financial success is like waiting for a ship at a bus stop—it simply doesn’t make sense. Lie #3: The Most Successful Entrepreneurs Did Not Set Out To Make Money The Real Motivation Behind Entrepreneurship Let’s be brutally honest: No serious entrepreneur starts a business without considering financial gain. The idea that successful business leaders are solely motivated by passion or some altruistic purpose is a romantic myth that doesn’t reflect reality Money: The Primary Business Motivator Every entrepreneur, whether they admit it openly or not, has financial objectives. These include generating personal income, creating wealth, achieving financial independence, building generational assets, and solving personal financial challenges. Passion and purpose are crucial, but they work alongside financial motivation, not in opposition to it. Successful entrepreneurs understand that financial success enables broader impact. Profitability is a measure of business health, money provides resources for innovation, and economic sustainability is key to long-term vision. While money is a primary motivator, these business leaders are typically driven by a complex mix of financial goals, problem-solving passion, innovation drive, personal fulfillment, and desire to create change. The most successful business leaders don’t shy away from discussing money—they embrace it as a critical component of their entrepreneurial journey. They recognize that financial objectives are not something to be ashamed of, but rather a fundamental aspect of building a meaningful and impactful business. The Real Truth: Money as a Tool for Happiness It’s crucial to understand that wanting more money isn’t greedy—it’s responsible. We work hard, advocate for better salaries, and build businesses because we desire a fulfilling life. Admitting that you want more money because it can make you happier is not just okay—it’s perfectly valid. Conclusion: Reframing Our Understanding of Money Money isn’t everything, but it’s far from nothing. It’s a powerful tool that, when used wisely, can significantly enhance quality of life and contribute to overall happiness. Here are key advice to build a successful business in Africa Want to learn more??? Join our community

7 entrepreneurial myths standing between you and your empire

The non-profit and even the for-profit scenes are booming across different industries. They are helping to strengthen communities in rural and urban areas across the motherland. It is pleasing to note that some of these budding entrepreneurs are women. Sadly, a lot of companies, organisations, and partnerships never go past their formation stages. Some of these ventures go bankrupt, are debt ridden and unfortunately, wonderful dreams die. Now, how do we encourage entrepreneurs, especially women, to venture into the unknown well-armed to outgrow the incubation stage? How do we get them disciplined enough to endure the initial pains required to become giant corporations? Well for starters, let’s try eliminating the myths connected with being your own boss. 1. You will have more time on your hands Yes, more time to rest! Or not at all. Don’t be fooled, ladies. You’ll have to work ten times more than the average employee working in an established set up. Remember that this is really about your dreams and aspiration. Getting the planning stage and everything else right should be your hobby. 2. You will make more money Of course, the ultimate goal is to increase your paycheck while being the next Bill Gates. But the honest truth is, you’ll not go above your budget without proper diligence. Don’t get me wrong, I believe in your ability to make money from your venture but it takes lots of discipline. There’s just no hard and fast rule to getting rich. 3. You are passionate about what you do and that spells excellence Contrary to popular belief, this is not a recipe for success. Sometimes, the things we’re most passionate about do not bring us financial gain. Finding ways to make your passion or hobby profitable is a skill on its own! 4. Your product/service will be sought after because you are popular This is another myth that has led to disappointment, especially for people with a wide network. People will not buy from you simply because they know you. If you’ve not proven to be an authority in your field with quick solution strategies, you may need to start thinking of ways of utilizing your own product or service. 5. Good entrepreneurs never fail As with everything, it is okay to fail. In fact, countless entrepreneurs failed repeatedly before succeeding at an idea. A perfect example is Evan Williams, co-founder of Twitter who failed at a podcasting platform called Odeo. Vera Wang also failed at different professions before becoming a fashion icon. Another famous example is Jack Ma of Ali Baba, the online shop. The list goes on and on. Be open to failure and keep trying! 6. The power card is all yours Refusing to be an employee and running your own empire is great, especially if your intentions are true. But if you’re driven by the desire to ‘lord’ over others, then you’ll be disappointed. Great empires are built on teamwork, shared ideas and collective effort. Mind you, though, you’ll need to work smarter than your employees. After all, it’s your idea. 7. A large capital investment with a great team makes a great company It’s true that capital and a great team are good tools for growth. But remember, some great companies started out in warehouses and backyards. Others started with less than five employees while investing in skills for their dream companies. The way forward Apparently, the best way forward for eliminating a stress-free work environment is by designing yours. Passionate people now lean towards innovation and job creation. It is the new cool to be called an entrepreneur as you can be the boss and set the rules. It’s no secret that in the last decade, new professions have emerged and improved existence and livelihood. Due to the needs of our dynamic environment, more intriguing jobs have evolved in the field of web app developing, blogging, SEO specialization and so on. Interestingly, women are at the forefront of challenging new fields in the service industry, science and engineering. Recently, the youngest female pilot, Zambian Besa Mumba made her maiden flight and she is only nineteen! In the end, Motherland Moguls, entrepreneurial myths or not, we can do this! Let’s begin, shall we?