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Recession: See How Smart People Are Bypassing It - Business - Nairaland

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Recession: See How Smart People Are Bypassing It by ugojibaby: 10:40am On Feb 13

In the last quarter of 2017, news filtered in that Nigeria had finally exited recession. The news was greeted with suspicions, doubts and widespread debate over the veracity of the report. Can you blame Nigerians? Despite the said exit, prices of goods have refused to drop to reflect the news.

One vital question that begged for answers was, if Nigeria is truly out of the economic quagmire as some quarters would have us believe, did recession ever leave Nigerians? Well, the answer stares at us all in the face.

In the midst of the economic turmoil, one blunt truth that many people fail to grasp is that every situation favours a group of people. What seems like a disaster to some is regarded a monumental blessing by others. This polarizes people into 2 groups: those who are hit by a situation and those who hit some good stuff courtesy the same situation.

So if there’s a war, a set of people benefit from it even though everyone hates wars. When flood occurs and destroys crops, it’s regarded as tragic and a bad omen. Yet to some people, it’s is a sign that something good is in the offing. This simple fact is evident in almost all spheres of life.

Likewise, despite the bad economy, some people are profiting big time. These are not politicians or those we usually assume are getting rich from the proceeds of corruption. I shared examples of such people in a previous thread with links to threads where they recounted their success stories. Like I’ve been doing, I want to help many people share their success stories and become financially free. We shall come to how to achieve that goal shortly.

Why People lose out

What is it that separates some people from others even though they were on the same plane earlier? Relating it to the thread, why do some people profit from a situation that impoverishes others? Both groups have equal chances to insulate themselves from the resultant effects but only one group of people do. So why do smart people get richer while the fortunes of others dwindle in the recession? Here are some reasons why people lose out.

1. Vain hope

As Nigerians, we are not aliens to the concept and reality of hope. We seem to be talented in believing that for some inexplicable reasons, things would get better. Many times, they do get better; but the few times the hopes didn’t materialize can be quite devastating.

While everyone is hoping that the recession would end soon, smart Nigerians were proactive in looking for ways the recession would not matter to them. The simple truth is, what many people think is being positive is simply vain hope. By the time things improve, the damage has been done already. Rather than wait for things to get better, how about you look for ways to make them better? Isn’t “the earlier, the better” still a wise move? This is how smart Nigerians think that others don’t think.

2. Blame game

In Nigeria, everyone is angry. Everyone is trading blames. We all know who are the reasons for our present predicament and do not hesitate to point fingers at them. But that’s what most people do while the reality bites their standard of living.

The other set of Nigerians do things differently. They are not ignorant that things seem not to be working in the country but they choose not to trade blames. Are you sad that your usual income can’t seem to pay the bills any longer? Are you sad that the cost of everything is rising except your take-home pay? Are you starting to get involuntarily used to being broke? Rather than trade blames, you can really do something about it.

3. Refusal to be flexible

As Albert Einstein said, foolishness is when you continually do the same thing and expect a different result.
Desperate times call for desperate measures. If you’re not happy about something, don’t beat yourself up about it. Instead, fix it! If you don’t like your financial situation, change it!

Doing that would require you to be flexible to try new things. You shouldn’t expect to succeed using old strategies (even though they worked before) when things have changed. Smart Nigerians who have profited despite the economic harshness were willing to learn and try out new things. Maybe it’s time you did too.

How to bypass the bad economy

If you’ve read up to this point, it means you really want to find out how you can also bypass the bad economy and continually smile to the bank.

As stated earlier, flexibility is vital in life. Just like the people whose success stories I shared before were flexible to learn and try new things, you need to do the same.

How did they bypass the recession? By working online. The logic is simple. By working online, they related with people who lived overseas who were outside the reach of Nigeria’s ailing economy. They got paid handsomely for their legitimate efforts and their payment was huge courtesy the high exchange rate which many people complain about.

Here are sure two things these smart Nigerians have been doin and this is how you too can join them.

More: http://www.nigeriaonlinebusiness.com/2018/02/recession-see-how-smart-people-are_13.html

5 Likes

Re: Recession: See How Smart People Are Bypassing It by BiafranBushBoy: 10:49am On Feb 13
Importexpert

Lol... You finally own a blog.

2 Likes

Re: Recession: See How Smart People Are Bypassing It by karlboss: 11:50am On Feb 13
Nice
Re: Recession: See How Smart People Are Bypassing It by Angelb4: 12:17pm On Feb 13
.
Re: Recession: See How Smart People Are Bypassing It by Authoreety: 12:17pm On Feb 13
Honestly, this post dosnt make any particle of sense

42 Likes 2 Shares

Re: Recession: See How Smart People Are Bypassing It by modelmike7(m): 12:17pm On Feb 13
Thank God the president quench it ASAP.
This country would have been hell on earth if the looters actually continued from the last dispensation.....

3 Likes 1 Share

Re: Recession: See How Smart People Are Bypassing It by smokedfish: 12:17pm On Feb 13
Jdhdisjsnis
Re: Recession: See How Smart People Are Bypassing It by Donald3d(m): 12:17pm On Feb 13
Ha !, Awesome !
Re: Recession: See How Smart People Are Bypassing It by Ontarget: 12:18pm On Feb 13
This poster must be Seun's friend.

11 Likes 1 Share

Re: Recession: See How Smart People Are Bypassing It by Yinxies(f): 12:19pm On Feb 13
Jump am pass
Re: Recession: See How Smart People Are Bypassing It by Seun(m): 12:21pm On Feb 13
It's not that simple
Re: Recession: See How Smart People Are Bypassing It by LessNoise: 12:23pm On Feb 13
You finally said NOTHING!!!

39 Likes 5 Shares

Re: Recession: See How Smart People Are Bypassing It by LifeDrama: 12:29pm On Feb 13
I never understand anything from this post.

17 Likes 2 Shares

Re: Recession: See How Smart People Are Bypassing It by Talking(m): 12:29pm On Feb 13
Well articulated post, but it sure lacks content.

15 Likes 1 Share

Re: Recession: See How Smart People Are Bypassing It by OmniSparrow: 12:30pm On Feb 13
This goat again.

1 Like

Re: Recession: See How Smart People Are Bypassing It by hopefulLandlord: 12:33pm On Feb 13
OP said a lot of things without saying anything

15 Likes

Re: Recession: See How Smart People Are Bypassing It by Fukafuka: 12:34pm On Feb 13
grin

9 Likes 2 Shares

Re: Recession: See How Smart People Are Bypassing It by mrphysics(m): 12:34pm On Feb 13
BiafranBushBoy:
Importexpert

Lol... You finally own a blog.
The way they push his post to front make concludes the fact that its Importexpert rebranded grin grin grin

Boss, how is it going?

1 Like

Re: Recession: See How Smart People Are Bypassing It by yaki84: 12:36pm On Feb 13
modelmike7:
Thank God the president quench it ASAP.
This country would have been hell on earth if the looters actually continued from the last dispensation.....
how i wish i had this biz during the days of gej, for b bigboy.
Am into laundry, light is the #1 commodity for this biz to excell.
For more than a month now, light for uyo is like lunar eclipse.
Fuel as at today is 190/litre, meanwhile our service fee is still d same.
May God forgive una

11 Likes

Re: Recession: See How Smart People Are Bypassing It by pentax(m): 12:42pm On Feb 13
modelmike7:
Thank God the president quench it ASAP.
This country would have been hell on earth if the looters actually continued from the last dispensation.....
Maina, Buratai, Lawal, etc are not looters, they are saints ba?
Re: Recession: See How Smart People Are Bypassing It by janeIBfashion(f): 12:43pm On Feb 13
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2 Likes

Re: Recession: See How Smart People Are Bypassing It by ychris: 12:43pm On Feb 13
Seun:
It's not that simple
Help us tell them sir...
This admin. has turned mostly all youths to internet fraudsters.

Smh.
Re: Recession: See How Smart People Are Bypassing It by ychris: 12:47pm On Feb 13
LessNoise:
You finally said NOTHING!!!

Hello, If at all you use/have any android phone, go to your google play store and read people's comment on an app called "NOTHING" .


Go search it and thank me later.

Lol undecided
Re: Recession: See How Smart People Are Bypassing It by LessNoise: 12:52pm On Feb 13
ychris:


Hello, If at all you use/have any android phone, go to your google play store and read people's comment on an app called "NOTHING" .


Go search it and thank me later.

Lol undecided

You would have made sense if i was using an android device lol back
Re: Recession: See How Smart People Are Bypassing It by nonxo007(m): 1:05pm On Feb 13
Affiliate marketing and fiverr that's the online business.. Thank me later
Re: Recession: See How Smart People Are Bypassing It by BiafraIShere(m): 1:14pm On Feb 13
Absolute truism, I'm a witness cool
Re: Recession: See How Smart People Are Bypassing It by BiafraIShere(m): 1:16pm On Feb 13
BiafranBushBoy:
Importexpert

Lol... You finally own a blog.
Lol, he was wise to rebrand his business after Nigerians visited their frustration on him and his handle grin grin

1 Like

Re: Recession: See How Smart People Are Bypassing It by ibkgab001: 1:22pm On Feb 13
Nothing goes up in Nigeria and ever comes back to normal "God help us"
Re: Recession: See How Smart People Are Bypassing It by eTECTIVe(m): 1:48pm On Feb 13
Rebranded ole

1 Like

Re: Recession: See How Smart People Are Bypassing It by QuitNotice(m): 2:20pm On Feb 13
Nice one op, you've said it all; recession is only known by those that stay back and hope.
For those that don't understand op, assuming a kilo of cocoa is 1k in Nigeria. And the international price per kilo is $10. Of which one dollar is now over 300 naira.
If you export 1kg of cocoa, you will be paid in dollars. You will be paid $10 which will be 340 times 10 in naira (assuming the present exchange rate is 340 naira to $1). That will be Equal to N3400 for a product you bought for N1000 in Nigeria. You have a profit of N2400 on just 1kg. Imagine exporting one bag, or even one tonne! Your riches will come like blood money. Dollar is scarce in Nigeria, and so, expensive (basic economics). Naira (in the form of products) is scarce abroad so a little product gives you mad returns. Thousands are making fortunes from such deals. That's what op is trying to explain.
Truly, we need to learn how to utilize opportunities around us.
If you are a receptionist, supermarket manager, etc, or you work where you are accessible to a lot of people, especially car owners, there is a high demand product you can just keep beside you and sell with ease. Buy cheap from us and resell. Douse Air freshener is the real deal.

1 Like

Re: Recession: See How Smart People Are Bypassing It by BiafranBushBoy: 2:43pm On Feb 13
mrphysics:

The way they push his post to front make concludes the fact that its Importexpert rebranded grin grin grin

Boss, how is it going?

I am good bro. You?

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