If I Were Linda Ikeji, Why I Wouldn’t Buy a Range Rover Sport With $153,000!
by Tito Philips Jnr.

On Tuesday, 16th September 2014, popular Nigerian blogger Linda Ikeji posted on her blog her latest luxury toy; a brand new 2014 Range Rover Sport Supercharged. According to her, this cost a whopping sum of N24m [$153,000]!

This is not her first car by the way, this is her 3rd car following a 2011 Infiniti FX 35 [N8m] and a 2008 Toyota Camry. Conservatively, her 3 cars cost N36m [$228,000], not bad for a blogger right?


The Value of Money
Anyone is free to spend their money however they want.

But stop to think about this, would Linda Ikeji be able to buy these cars if Larry Page and Sergey Brin hadn’t invented Google the company that created the free blogging platform she uses?

Would Linda Ikeji be able to buy these cars if Andy Bechtolsheim the first venture capitalist who funded Google’s startup with $100,000 had gone ahead to buy a Range Rover Sport for $153,000?

Would Linda Ikeji be able to buy these cars if Larry Page and Sergey Brin had used the money they created with to buy a Range Rover Sport?

As a matter of fact, Larry Page whose net worth is $32.1 Billion doesn’t own a luxury car as much as Linda Ikeji. His 3 automobiles valued at $137,000 are all environmentally friendly products;

Toyota Prius, a hybrid electric mid-size hatchback. It is among the most clean cars of the world based on smog formation and vehicular emissions. This was the world’s first mass produced gasoline-electric hybrid car. $20,000

Tesla Roadster, a Battery Electric Vehicle sports car. It has the distinction of being the first all-electric vehicle in serial production. Larry Page is also a key investor in the firm and thus was one of the buyer of this car. $109, 000

Zero X motorbike, an Electric Vehicle from Zero Motorcycles, which you can get for just under US $ 8,000.

On the other hand, Sergey Brin, who has a net worth of $ 30.7 Billion, like his partner, also doesn’t own a luxury car as much as Linda Ikeji. His 2 automobiles valued at $129,000, are all environmentally friendly products; a Toyota Prius [$20,000] and a Tesla Roadster [$109,000].

The African Mentality of Wealth

As Africans, we have a very funny way of utilizing wealth. Unlike our western counterparts, who see wealth as a tool for the creation of more wealth and more good in the world, we see wealth as a tool for luxury.

We make money to ‘show off’, to make a statement that we have arrived. Our appetite for extravagancy increases as our wealth increases. We suddenly forget how we once survived without all these luxurious toys and completely lose all senses of moderation.

One luxury car doesn’t seem to be enough; we keep reaching out for more as more money comes in. we decorate our garage with expensive toys that are tying down valuable resources that ought to be utilized for the creation of more wealth and more good in the world.

This is the same mentality common amongst our politicians as well as religious leaders. The open display of wealth and excessive accumulation of luxury toys are all evident around us. And yet we keep on complaining that our economies are not growing. We keep on wondering when Africa will measure up with the rest of the world.

How can we ever measure up when all we do with wealth is to spend it wastefully on consumables rather than re-invest it on wealth creating opportunities. Rather than use of wealth to create Venture Capital firms that will empower startups with seed funds, we spend them on luxury toys that does no one good but our selfish selves!


To Whom Much Is GIVEN, Much Is Expected
That Linda Ikeji rose to such level of affluence while using a free blogging platform that some other entrepreneurs created with their wealth, is enough reason for her to tread wisely.

There is absolutely nothing wrong with her first 2 cars, they were high profile cars already. Going as much as spending $153,000 for a 3rd car, was purely wasteful for someone with her humble beginnings. You would think she should be more considerate with money.

Less than the amount she spent on her 2014 Range Rover Sport, $100,000 was the seed capital that built Google into a global $395 Billion brand that employs over 50,000 people worldwide. If they didn’t use this money wisely, Linda Ikeji won’t be making that much from blogging for free.

Recently, on the 12th of September, the same Google offers $100,000 cloud credit for startups in order to create more success stories to add to its portfolio.

The point of this essay is simple, that you have so much is not a justification to waste so much. With the same amount you waste on luxury items, is what others have changed the world with.

It is true that wealth reveals our true nature. The wise become wiser as their wealth grows. The generous gives more as their wealth grows. The greedy acquires more as their wealth grows. In the end, to whom much is given, much is expected!


Conclusion: Linda Ikeji Needs To Stop Showing Off!
As entrepreneurs, we are not like the folks in the entertainment industry who flaunt their toys every now and then. We have a higher responsibility to make better use of the resources at our disposal. Business is an institution of society and the society depends on us entrepreneurs for the consistent creation of products/services that push humanity forward.

Entrepreneurship is not showbiz. Entrepreneurship is not about being a celebrity. Entrepreneurship is about leaving a legacy. Real entrepreneurs change the world by doing stuffs that MATTER. They are too busy making a difference. No time for paparazzi!

Source: http://techscrolls.com/if-i-were-linda-ikeji/

Hey its her life nt yours

African mentality of hatred


1.i think before she bought it..she must have as well considered other things the money could have done for her.

2.if she could afford range rover on that said amount..it also means.. There is alotta money from were the previous came from .

So..bro

stop running Analysis on someone else wealth.. Rather go make yours

Nawa o! Taking drugs for another person sickness....weldone sha is not easy carrying another person's headache

ammyluv2002: Nawa o! Taking drugs for another person sickness....weldone sha is not easy carrying another person's headache

The guy tried now, he analysed.

I think this post was meant for me, not Linda, op thanks I have learned a lot, thank you once more

But u still visit ha blog! Why complaining

Linda Ikeji never told anyone she's an entrepreneur...she just a girl who found and developed her own means of hustling and made good on it. She's a successful hustler. Period.

She knows how best to spend her hard earned dough,people always having opinion about how someone should spend their money.
Work for yours$spend it how u like.

maclatunji: If I Were Linda Ikeji, Why I Wouldn’t Buy a Range Rover Sport With $153,000!
by Tito Philips Jnr.

On Tuesday, 16th September 2014, popular Nigerian blogger Linda Ikeji posted on her blog her latest luxury toy; a brand new 2014 Range Rover Sport Supercharged. According to her, this cost a whopping sum of N24m [$153,000]!

This is not her first car by the way, this is her 3rd car following a 2011 Infiniti FX 35 [N8m] and a 2008 Toyota Camry. Conservatively, her 3 cars cost N36m [$228,000], not bad for a blogger right?


The Value of Money
Anyone is free to spend their money however they want.

But stop to think about this, would Linda Ikeji be able to buy these cars if Larry Page and Sergey Brin hadn’t invented Google the company that created the free blogging platform she uses?

Would Linda Ikeji be able to buy these cars if Andy Bechtolsheim the first venture capitalist who funded Google’s startup with $100,000 had gone ahead to buy a Range Rover Sport for $153,000?

Would Linda Ikeji be able to buy these cars if Larry Page and Sergey Brin had used the money they created with to buy a Range Rover Sport?

As a matter of fact, Larry Page whose net worth is $32.1 Billion doesn’t own a luxury car as much as Linda Ikeji. His 3 automobiles valued at $137,000 are all environmentally friendly products;

Toyota Prius, a hybrid electric mid-size hatchback. It is among the most clean cars of the world based on smog formation and vehicular emissions. This was the world’s first mass produced gasoline-electric hybrid car. $20,000

Tesla Roadster, a Battery Electric Vehicle sports car. It has the distinction of being the first all-electric vehicle in serial production. Larry Page is also a key investor in the firm and thus was one of the buyer of this car. $109, 000

Zero X motorbike, an Electric Vehicle from Zero Motorcycles, which you can get for just under US $ 8,000.

On the other hand, Sergey Brin, who has a net worth of $ 30.7 Billion, like his partner, also doesn’t own a luxury car as much as Linda Ikeji. His 2 automobiles valued at $129,000, are all environmentally friendly products; a Toyota Prius [$20,000] and a Tesla Roadster [$109,000].

The African Mentality of Wealth

As Africans, we have a very funny way of utilizing wealth. Unlike our western counterparts, who see wealth as a tool for the creation of more wealth and more good in the world, we see wealth as a tool for luxury.

We make money to ‘show off’, to make a statement that we have arrived. Our appetite for extravagancy increases as our wealth increases. We suddenly forget how we once survived without all these luxurious toys and completely lose all senses of moderation.

One luxury car doesn’t seem to be enough; we keep reaching out for more as more money comes in. we decorate our garage with expensive toys that are tying down valuable resources that ought to be utilized for the creation of more wealth and more good in the world.

This is the same mentality common amongst our politicians as well as religious leaders. The open display of wealth and excessive accumulation of luxury toys are all evident around us. And yet we keep on complaining that our economies are not growing. We keep on wondering when Africa will measure up with the rest of the world.

How can we ever measure up when all we do with wealth is to spend it wastefully on consumables rather than re-invest it on wealth creating opportunities. Rather than use of wealth to create Venture Capital firms that will empower startups with seed funds, we spend them on luxury toys that does no one good but our selfish selves!


To Whom Much Is GIVEN, Much Is Expected
That Linda Ikeji rose to such level of affluence while using a free blogging platform that some other entrepreneurs created with their wealth, is enough reason for her to tread wisely.

There is absolutely nothing wrong with her first 2 cars, they were high profile cars already. Going as much as spending $153,000 for a 3rd car, was purely wasteful for someone with her humble beginnings. You would think she should be more considerate with money.

Less than the amount she spent on her 2014 Range Rover Sport, $100,000 was the seed capital that built Google into a global $395 Billion brand that employs over 50,000 people worldwide. If they didn’t use this money wisely, Linda Ikeji won’t be making that much from blogging for free.

Recently, on the 12th of September, the same Google offers $100,000 cloud credit for startups in order to create more success stories to add to its portfolio.

The point of this essay is simple, that you have so much is not a justification to waste so much. With the same amount you waste on luxury items, is what others have changed the world with.

It is true that wealth reveals our true nature. The wise become wiser as their wealth grows. The generous gives more as their wealth grows. The greedy acquires more as their wealth grows. In the end, to whom much is given, much is expected!


Conclusion: Linda Ikeji Needs To Stop Showing Off!
As entrepreneurs, we are not like the folks in the entertainment industry who flaunt their toys every now and then. We have a higher responsibility to make better use of the resources at our disposal. Business is an institution of society and the society depends on us entrepreneurs for the consistent creation of products/services that push humanity forward.

Entrepreneurship is not showbiz. Entrepreneurship is not about being a celebrity. Entrepreneurship is about leaving a legacy. Real entrepreneurs change the world by doing stuffs that MATTER. They are too busy making a difference. No time for paparazzi!

Source: http://techscrolls.com/if-i-were-linda-ikeji/

keep hating...

Is it your money? In eldee's voice.

This is ridiculous. Only a compulsive busybody will complain so bitterly about how another person chooses to spend his or her self-made money.

All I can say is " GET OVER IT"!! Its just a car for heaven sake

Bad belle oh na your business.... dey drink panadol for another person headache.... if it pain you go buy your own car.....lwkmd.drinking drug for another person headache

am very sure you are a blogger too. sorry you are not making it.

* sighs*Can the media hype on this die already!!!

I'm indifferent on this. I just hope she's saving and investing.

That said, I think the article writer misclassified her as an entrepreneur. She sees herself as into showbiz like the musicians.

Her money not mine. The writer of this article is frustrated.

When you descend to the level, where you begin to debate how someone who earned her money legitimately should spend it, then you know you need to get a life!

See calculation on top pesin bar

very daft article

the author hs no idea of lindas income, so he really has no business commenting

the fact that she moved from toyota sedan to nissan compact suv to range rover full suv shows she has fiscal discipline imho

his referencing google etal is just stupid.

linda has done very well in the fked up business environment that is nigeria

if fancy cars is how she gets off on money, all well and good

silly author blathering about tech entrepreneurs and cars. he should look at the paintings in the billionaires houses.

Some people are pained

To summarize it, you sha want linda Ikeji to sell her cars abi? Naija ppu, jelos since 1200

Nobleval: Her money not mine. The writer of this article is frustrated.

No be small frustration but very big one

Op is it your money?

Nonsense. Even if you wanted to make a rational case on why she should not buy it, you will have to know her net worth to make such a case. If she's worth $10 million dollars and decides to buy a $150,000, it's well within her means.

Ask merrybet why he bought a 36 million naira car (just one car) from Inspired on Nairaland?

marieolae: All I can say is " GET OVER IT"!! Its just a car for heaven sake

Its not just a car.Its a 24m naira moving box that can be gone with a snap of the finger in case of accident.What a waste,a house would have been better.To think she doesn't have a house of her own and drives a 24m car.

@maclatunji, you have done your best by posting this article. Imagine a similar post comparing nairaland with lindaikeji and why the owner of nairaland can't afford the range rover. After reading comments on that thread I felt a rage inside of me on how an average Nigerian could think. Little wonder we are still regarded as developing.