Founder of the RNAQ Foundation, Richard Nii Armah Quaye, has urged young people to embrace discipline and patience as the foundation for long-term success.
Speaking at the 2026 International Youth Empowerment Summit (IYES) held at the University of Professional Studies, Accra (UPSA) on Friday, March 13, he said many people struggle to succeed because they are unwilling to endure the discipline required to build wealth over time.
According to him, financial growth and personal development require consistent discipline and the willingness to delay gratification.
“When I say I will do something, I will do it no matter what. If I say I will not do something, I am not going to do it,” he told participants.
He explained that people often face the temptation to increase spending as their income grows, but warned that such habits can prevent long-term financial progress.
“There will always be the temptation for you to spend more. That is the truth. That is how money behaves,” he said.
Mr Quaye disclosed that he has maintained strict discipline in managing his finances throughout his journey to success, explaining that he continues to spend a small fraction of his income.
“As I speak with you, I am still spending below 20%of my income,” he said.
He noted that as wealth grows, disciplined spending habits become even more beneficial.
“When I started, I was almost around the 20% borderline. But as my wealth became bigger and bigger, even if I take about 2% of it now, I can’t even spend it,” he added.
Mr Quaye encouraged young people to remain focused and patient, stressing that discipline combined with time is the formula that enables individuals to build sustainable success.
“To impact people of your generation and generations yet unborn, you must first build yourself,” he said.
“If you find yourself in bondage, you cannot rescue people. You have to rescue yourself first. After rescuing yourself, then you can rescue other people. And so you may ask me another question. How do I build myself so that I can rescue other people? I will answer this in summary because I don’t want to overwhelm you.
I’ll put it in only two words because I don’t want you to ever forget this. So just two words. The answer is discipline and time.”
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.