ultron12345:
Remember the discussion we had here the other day about how the fraudulent and corrupt mindset of Nigerians ends up killing businesses that are supposed to create jobs and improve the economy.



Copied this from Twitter.
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So I am doing a Strategy course and I want to tell a story about how Enviroments impact Strategy. When Uber came to Nigeria, they had a world class strategy. There was one flaw in their Strategy, it only worked "Ceteris Paribus" Unfortunately Nigerians are not normal.

So one of the strategies was to encourage New riders/Drivers to Sign up. Lets start with the riders. Whenever a new person signed up on Uber they gave a promo code. Typically this was between 1000, and 3000 naira. Sounds good right?

Nigerians, started multiple signups. So if I (hypotethical I please) wanted to go out, I would create a new account. Ride free. When I get there, I would create another and ride back. Also free.

Uber tried their best to mitigate this fraud, tried to limit it phone numbers. But like Oga Pantami said each one of us has 4 lines, even if you don’t. New sim 200. Free ride 2000. Net profit 1800. So they started locking phones to 3 acccounts per phone.

That was the riders o. Now to the drivers. First there was the signup bonus. Basically everytime you introduced someone to driving on Uber, Uber paid you 40,000 naira. I am not going to lie this was part of my motivation. I made money.

Tap your neighbour and say Nigerians. Oya sanitize your hand let’s continue.

So first and foremost there was the issue where people would sign up and not drive. When you get the money you share them. Uber now said no problem. They would only pay after 20 trips.

People would register, drive the Trips, collect the Bonus and Stop Driving. You also know In Nigeria we had the fleet Option, so I would hire a driver, register him and on every driver, make 40k. All in all stress for Uber.

Final Strategy for today, I am tired. Incentives. Part of the plan was to undercut local taxis, so in Abuja an Airport to Town trip was between 4-5k. Its been like that for years, Uber came and said we will carry this route for 3500.

So to encourage Drivers, Uber now said okay. Please go, if you go rider will pay you 3500, we will then give you a matching bonus of 3500 making the Trip 7000.

Beloved, eye hath not seen, ear hath not heard, neither had it entered the heart of Uber the kind of Fraud that happened next. Now you remember the earlier rider fraud? So a Driver, creates a new Rider = +2000 Requests himself to the airport, Cash trip, 3500 = -1500 paid =7000 Round Trip = 14000. An enterprising Fraudster can do 10 Roundtrips to the Airport in a day. That's 140,000. Without picking a single person. How much do you earn? Fink About it

Uber tried everything. Geofencing the Airport. Not allowing people request from the same spot, everything. They had to remove the incentives. Essentially what I am saying is Nigerians are special, factor that . Till another episode of 'Tales from Uber' Grace to you.

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DexterousOne:



African Americans had a far worse experience than we do if you ask me

Even though collectively we were all screwed.

The calamities that still befall the south african blacks is also similar to the ones that befall the African Americans

Because the modus operandi of Apartheid was the same as the modus operandi of Jim Crow plus other traps set by the racist system
A typical African (I'm trying my best not to use foul words on this types of people) who dont understand the intricacies of these things just come in public and make uninformed statement about the plight of Africam Americans and Black south Africans....




As an Igbo man my self
I thank God that the federal government were not as smart or will I say crafty to implement jim crow/apartheid style laws against us the decades after the war.

Because If they had
Igbos will be competing with south African blacks on who is the most useless economically on the continent.
But like I said
Thank God they were just not that malevolent.

Any set of people that such law was applied on to them for decades back to back MUST struggle. It's a psychological problem that needs to be addressed

That said, I'm not saying that people dont break free from this cycle, what I'm saying is that these factors rigged the game of life against them

Satoshi2019:
Soon this thread will be renamed LIFE THREAD or rather INSIDE LIFE THREAD. Welldone everyone

SMJay:
sir, can you recommend where I can download the soft copy?

Lionhearted:


Here,

http://93.174.95.29/main/E1EEAD69686DD2862D57531D470AB0CA

Click on "GET"

Enjoy.

Manwarrior55:


Thanks for this

Do you by any chance have the link to The richest man in Babylon?

I have heard a lot about the book and I feel like I’m the only one that hasn’t read that book

SirBen90:
I think the gross majority of people on this thread are highly intelligent, though some throw too many insults, which is immature and should be stopped.

I like the fact that we have capable persons here who genuinely want the progress of Nigeria and her youths, as opposed to heaping insults on them day and night.

It is therefore right that we should collectively assist the youth in any way we can, after we have criticised their untowardness.

Have you taken in a lost youth as your ward?

Have U helped a jobless graduate secure a good job?

Have you taken a youth as an apprentice to learn a skill?

Have you told a youth not to be too eager to get rich quickly?

Have you taught a youth about the dangers of cultism and prostitution?

I think we should adopt a "hands on approach" in creating the "Nigeria of our dreams".

Some say that, the true mark of a billionaire, is his ability to create other millionaires. The same should go for a successful person. As a successful person or an office holder, or an experienced businessman, or a politician, how many persons have you helped to start their own journey to success? how many have you assisted with seed capital to start their own business? how many have you wiped the the tears from their face?

In 20years from now, how many people can beat their chest and say "if not for this man suffer for don kill me". How many will attribute their success to your handiwork? Or do you want a situation whereby 20 years form now, we will still be complaining about the decadence of the Nigerian society?

Good Evening.

Phraences:
Please, who has the audio version of the 48 powers book? I like listening better.

SMJay:
Thank you Sir.

oludy:

http://thediamondsmine.com/files/Ebooks/Clason-RichestManInBabylon.pdf

SMJay:
Sir, why not state it here?

izmercy:
https://drive.google.com/drive/mobile/folders/0B8KHt7Ln1U7jVk9GbjY2NGFDQWs

I noticed some wants ebooks. This link contains life changing ebooks.
My own little contribution to this wonderful thread.
Thank you all.

izmercy:
https://drive.google.com/drive/mobile/folders/0B8KHt7Ln1U7jVk9GbjY2NGFDQWs

I noticed some wants ebooks. This link contains life changing ebooks.
My own little contribution to this wonderful thread.
Thank you all.

izmercy:
https://drive.google.com/drive/mobile/folders/0B8KHt7Ln1U7jVk9GbjY2NGFDQWs

I noticed some wants ebooks. This link contains life changing ebooks.
My own little contribution to this wonderful thread.
Thank you all.

Satoshi2019:
Soon this thread will be renamed LIFE THREAD or rather INSIDE LIFE THREAD. Welldone everyone

izmercy:
https://drive.google.com/drive/mobile/folders/0B8KHt7Ln1U7jVk9GbjY2NGFDQWs

I noticed some wants ebooks. This link contains life changing ebooks.
My own little contribution to this wonderful thread.
Thank you all.

Adegokenath:
Pls house any idea about oyo state government bond

Lionhearted:


Here,

http://93.174.95.29/main/E1EEAD69686DD2862D57531D470AB0CA

Click on "GET"

Enjoy.

XiaoLi:
Hmmm..auction has ended..

CsRockefeller:


I can't download them, why?