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Making a cash budget is an important management task. While some small businesses may be able to survive without budgeting for a while, savvy business owners will recognize its importance. A cash budget can protect a business from being caught…
Remember the 2011 movement, “Occupy Wall Street” that subsequently involved millions of individuals attempting to clean up the dirty activities of Wall Street? Well, it all began with just a few but spontaneous sets of people who were tired with…
Everyone in one way or the other has failed but that doesn’t, mean they can’t succeed. This applies to business too. 85% of businesses fail in their first year, 10% of other business failures occur in the first three years,…
Let me ask you real quick “For how long can you afford the things you can now, or the lifestyle you live if you stopped doing what you currently do?” Beyond wealth and business growth, freedom is the ultimate goal.…
BOOK REVIEW A groundbreaking book that boldly claims the key to success in business is not talent, connections, or ideas, but the ability to persuade people to take a chance on potential. No one makes it alone. But there’s a…
Envy is the art of counting someone else’s blessings instead of ours. When someone close to us gets something good; whether you are a good person or not, a part of us naturally leaps. We wish it were we; “e…
Bootstrapping involves growing a startup without external funding or enterprise support. In this case, startups rely on funding from its founders and trickles of revenue from sales and its operations. This is the classic Nigerian SME story of self sabotage. It’s why…
As at the end February 2021, we’ve surprisingly come out of a recession. But poverty and unemployment lingers on. The year started straight out of unrests and infrastructural vandalism as a result of the Endsars protests. We’ve moved on but deeper…
Brands rub off on brands. I can create a cheaply produced wristwatch with a great design, simply by selling it in a Rolls Royce Car shop. Brands rub off on brands. Recently, Google reportedly paid Apple $3B to remain the…
What does a great team look like? When we talk of great accomplishments in business, it’s easy to spot people out. Whether it’s Jack Ma, the richest man in China and Founder of the Alibaba Group, or Elon Musk currently…
