#MondayMarket


11
Feb 2019
Billionaires And Faith

John D Rockefeller Sr has been said to be the greatest businessman of all time, he was a man of faith. At one time in his life, he was adjudged to have the largest net worth in world history. John is recorded to have attended Sunday services and prayer meetings every Friday all his adult life. He lived a balanced life, spending a tremendous amount of time with his family (http://www.giantsforgod.com) In “5 Christian billionaires you should know” by the Christian Today blog, ‘Being a billionaire is an impressive achievement. But what’s more impressive is being both a billionaire......

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It’s Good To Work From Home

It’s Good To Work From Home

Zion is an avid believer in the idea of working from home and he has touted this for as long as he can recall since his professional career in Will Windows. He’d rather power his laptop by 7am and start churning out work than spend an average of two hours plus of his morning in the hustle and bustle of the city traffic. Zion’s computed that going to the office costs him about three hours to get himself together and take off on work every morning. He has also figured that that three hours can be used very productively...


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A Startup's Story - Printcess

A Startup’s Story – Printcess

I worked in a media company rendering printing services but we had a major issue – we couldn’t print out good quality jobs. We were unable to meet the client’s expectations because of the quality of our prints. For several years, I tried to make management see the importance of printing the right way but my effort was defeated because my vision of printing was different from that of the CEO. For me, it’s been a 15year long journey as an entrepreneur, but as a professional and structured business owner, it’s been just 2years. After the years of di-vision...


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Beggar CEO

Beggar CEO

Yes, I saw them with my eyes, these begging chief executive officers or CEOs. CEO 1 is standing by a car (his?) in the mall’s parking lot, narrating how he’d spent a lot shopping and needed help with a little extra cash to get some fuel for his car. I met CEO 2 in one of the outlets at the mall. She managed to conceal herself from the scrutiny of security to make her pleas for handouts. Sure you’re surprised at these narratives, but who is a CEO? By Wikipedia, ‘the CEO is the most senior corporate, executive, or...


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It’s Possible

It’s Possible

Tons of people have asked these questions long before you with concerns about the most unimaginable things, like “I wish I could fly” – today, over 4 billion passengers fly numerous airliners annually. For some, it’s the lunar charm of the moon that held them mesmerized and they were fixated gazing at it with powerful telescopes – about 60 years ago, it received its first visitors. Today, Elon Musk and his crew are working on even more fantastic moon trips. You’d imagine these landmark achievements will persuade anyone that we can do all things if we set our hearts...


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I Have A Vision

I Have A Vision

It’s the beginning of another 365 days, early days yet for Ben and his team. He had a new year crossover that was fraught with uncertainty. But now, Ben believes he knows better and ready to transit the year. He had grand plans last year which he struggled with and tried to implement in sweat and toil. He’s always wanted to be a top flier. He has now learnt that there are differences between taking off and remaining in flight. He has also been taught by his experiences that to stay on top, he must keep dreaming and implementing...


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Handling Difficult Customers

Handling Difficult Customers

Yes, sometimes you want to say ‘to heck with this ***dy customers! I wonder why they have such airs about them and feel so important?” But as a matter of fact, the customer is king. Without your customers, there’s no you or your business. You cannot provide that business solution or sell that product to yourself. To know what makes your customers tick and get them to come back again so that you retain their patronage, you need to consider the following nuggets. Listen to the customer. Don’t get upset. Find a meeting point. You can get anything done...


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Business Finance: EBITDA

Business Finance: EBITDA

How adequate is your record keeping? These helps and forms the basis for making financial comparisons for companies and potential investors. Earnings before interest and tax (EBIT) is used for comparisms and also for negotiation. It gives a thorough analysis of how the business is faring. Earning before Interest, Tax, Depreciation and Appreciation (EBITDA) are financial indicators used in comparisons of 2 or 3 companies in terms of earnings and turn over. EBITDA determines where your business position is financially and it’s used to check the operational performance of companies. Always check the company’s profit before and after tax...


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Thought-Provoking Business Realities

Thought-Provoking Business Realities

No one can be as passionate about your business as you. See every help from your staff as a privilege and not a right. e.g. your staff will not see the urgency in your business more than you will. Ensure that you have a project or asset (not liabilities) that you are financing per time or else, it will be difficult to account for the money at your disposal. “Entity concept” – your business has a life of its own, separate your business from yourself. E.g, have a particular amount you pay to yourself as salary per period. Be...


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Vehicles For Creating Value

Vehicles For Creating Value

There are different vehicles for creating value as an entrepreneur, these include: NEWNESS: Something that’s not been created before (an invention), not previously seen or experienced e.g iPad, iPhone. Newness is different from innovation which is taking what is existing and innovated into a new product e.g iPhone6 to iPhone7. Newness can be as a result of innovation. In light of this info, how are you reinventing your business to meet up with the rapid change/trends in society? Write down 3 things you will now do differently to introduce freshness into your business. PERFORMANCE: You can sell performance to...


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