₦airaland Forum

alphaNomega:
Who be this one?

How come you have no memory of what you were before you were born?

What makes you think you will exist with any form of consciousness/sentience after you die?

Stop lying to yourself.

It's your opinion. I respect it. One love.

We’re all immortal beings
trapped in bodies as temporary beings,
imprisoned by our desires to live a temporary dream,
distracted from the substance of continuity
by the pursuit of a shadow
that has turned most of us into
beasts that live all for today and gone tomorrow’
condemned to the trash bin of history, to be remembered no more:

But we’re souls, immortal beings,
meant to be made stronger by pains and sufferings,
so that we could embody empathy and compassion;
emotions that ingrain loving without discrimination in our nature
and give us the nature of those glorious immortal beings
we were meant to be from the beginning.


Cc: Lalasticlala.

https://ayietim.com/2022/01/23/you-dont-have-a-soul-doctor-you-are-a-soul-you-have-a-body-temporarily-walter-m-miller/

Many small businesses keep financial records which are incomplete. Incomplete financial records enter a transaction as a single entry.


What is single entry?


Single entry is a bookkeeping system that doesn’t conform to the basic principle of double entry. The basic entry of double entry states that every debit entry must have a corresponding credit entry and vice-versa.


Double entry is the foundation of bookkeeping. Bookkeeping, an integral part of accounting, is the systematic recording of transactions as they occur in appropriate books.



Why is it necessary to keep financial records in the double entry format?


The double entry approach makes it difficult to lose some transaction information and data. While double entry gives a balanced report of all accounts (players) involved in a transaction, the single entry approach keeps only records of personal accounts of debtors and creditors.

Single entry overlooks some significant determinants that affect transactions and are necessary to the accurate calculation of profit or loss. Apart from this problem of inaccuracy, single entry is susceptible to manipulations.


How could small businesses upgrade their incomplete records to accepted accounting standards that give the most accurate financial picture?


They could do it by following the rules below:

Prepare a statement of affairs to show opening capital. The opening capital is obtained by deducting total liabilities at the beginning from your total assets at the beginning.
2. Adjust the opening capital by adding contributions made by assets to it and deducting drawings (withdrawals by owner) from it,

3. Prepare another statement of affairs to determine the closing capital. Transactions during a financial year will result to either increase or decrease in the values of assets and liabilities. Deduct the new value of assets from the new value of liabilities to obtain the closing capital,


https://ayietim.com/2022/01/19/how-small-businesses-can-keep-accurate-accounting-records-6-rules/

What do you want? You can have it and more,
It depends on how far you’re willing to go,


how far are you willing to learn and know more
about those secrets which are now unknown to you?


for the things we desire the most are in the unknown,
but held back by fear of the unknown and feeling totally safe in the comfort zone,


most of us refuse to take the risk to venture outside
where we know and go too far;


but it’s riskier to go through life without finding out how far you can go,
and in case you didn’t know;


“Only those who will risk going too far can possibly find out how far one can go.”
― T.S. Eliot


https://ayietim.com/2021/09/25/t-s-eliot-only-those-who-will-risk-going-too-far-how-far-are-you-willing-to-go/

What do you want? You can have it and more,
It depends on how far you’re willing to go,


how far are you willing to learn and know more
about those secrets which are now unknown to you?


for the things we desire the most are in the unknown,
but held back by fear of the unknown and feeling totally safe in the comfort zone,


most of us refuse to take the risk to venture outside
where we know and go too far;


but it’s riskier to go through life without finding out how far you can go,
and in case you didn’t know;


“Only those who will risk going too far can possibly find out how far one can go.”
― T.S. Eliot


https://ayietim.com/2021/09/25/t-s-eliot-only-those-who-will-risk-going-too-far-how-far-are-you-willing-to-go/

Busyness, the condition of having so many things to do doesn’t equate success and impact. The reason is simple, busyness destroys more than it builds.

Busyness affects the health adversely. It’s difficult to find the time to unwind when you’re busy knocking, in most cases meaningless things, off your to-do-list. You burn out quickly, become vulnerable to anxiety attacks and stress.


Inefficient use of time is also linked to busyness. The habit of business makes you build a life around work and work alone.

There’s no time for family and non-work related activities in your daily routine. So naturally, you spend longer hours on projects which you would’ve taken fewer hours to complete if you believed your family was equally important.


The spill over of the inefficient use of time is disharmony between work and life. An unbalanced life is an unfulfilled life. This is because you spend all your time everyday on one area, with no time left to fill needs in other areas of life.


There’s a consequence, your productivity suffers when you’re unable to establish harmony between work and life.

So, busyness doesn’t equate productivity. What equates productivity is having a to-do-list that promotes efficiency. A to-do-list that is efficiency centric allocates time and resources appropriatly to self development, growth and relationships. Appropriate allocation of time to evenly distributed life goals is the only way to achieve success and make imlact in life.


Wouldn’t you agree that busyness doesn’t equate success? So, shouldn’t it be done away with?
You can break this habit by building a new to-do-list that helps you remove distractions from your life. And also helps you complete the most important and difficult tasks first as a daily routine.


Finally, if you must succeed, you must realize that somthing and some people don’t deserve your time and attention. This realization leaves you with one option. What’s that? You must learn to say “No” as many times as it’s necessary, to all things and people that want to steal a second of your time in a day.


https://ayietim.com/2022/01/16/why-busyness-doesnt-equate-success-and-impact/

It’s easier for the camel to go through the eye of a needle than for a self employed to earn a good retirement income.


A self employed active working income depends mostly on erratic levels of motivation, productivity, determination and persistence.

Several months may return dismal income, barely enough to meet current maturing liabilities. A self employed in this situation will have nothing to set aside as retirement savings.

Periods of zero retirement saving will definitely affect a nest egg adversely. The good news is, a good retirement income could be guaranteed by investing surpluses earned in prosperous periods in passive income ideas.

Don’t passive income ideas demand work?

They do. The best time to do the work of setting up a passive income project and get it running is during active working years. Otherwise, it would be hard to earn a good retirement income. A considerable amount of work must be done to get a passive income idea beyond the break even point. Thereafter, all things being equal, one should expect a regular cash inflow without putting in a considerable level of work.

https://ayietim.com/2021/07/23/can-a-self-employed-earn-a-good-retirement-income-from-passive-income-ideas/

“Love is an attempt at penetrating another being, but it can only succeed if the surrender is mutual.” – Octavio

So, it’s not going to be easy to be on the same page on everything very quickly. Agreeing on everything? Is never going to happen.

Why? The penetration, though will never be one hundred percent, is going to be slow but steady. Note that one hundred percent penetration is not needed to build a great relationship.

The level of penetration that makes two hearts inseparable is enough. The truth is, this is not going to happen without hitches now and then.

To overcome occasional hitches, you have to be committed to the continual building of bridges. Build those bridges with perseverance, understanding and wisdom.

But you will never succeed at building those bridges to join two hearts if the other heart is uncooperative?

The penetration must be mutual. Two persons that desire to spend their lives together must put in the hard work: to always cling to one another, no matter the intensity of self centered interests which may try to pull them apart.

Love does its job when the determination to penetrate one another is mutual. What’s Love’s job? To keep two hearts together as one in an atmosphere of enduring happiness and peace of mind.

PS:

Please note that the meaning of the word Penetration is this context is, “the ability to discern deeply and acutely.”

The full Octavio Paz quote;

“Love is an attempt to penetrate another being, but it can only be realized if the surrender is mutual. It is always difficult to give oneself up; few persons anywhere ever succeed in doing so, and even fewer transcend the possessive stage to know love for what it actually is: a perpetual discovery, an immersion in the waters of reality and an unending re-creation.”

https://ayietim.com/2021/06/27/love-is-an-attempt-at-penetrating-another-being-octavio-paz/

“We expect all our businesses to have a positive impact on our top and bottom lines. Profitability is very important to us or we wouldn’t be in this business.” – Jeff Bezos.


Profit making is the motivation for starting businesses. Unfortunately, a lot of people motivated by profit making usually fail to make profit in business.


Most businesses don’t make profit because they don’t understand financial basics.

What is a profit?


A profit is the excess of total revenue over total cost at the end of a business period. Total revenue is the money a business earns from the sales of its products and services.

Total cost is the sum of all costs a business incurrs to produce a given level of output

What are the five key areas of cost and revenue that determine business profitability?

UNDERSTAND THE COMPONENTS OF COST AND REVENUE.
A business that desires to make profit must understand the components of revenues and costs and best ways to maximize revenues and minimize costs.
These components are often either overlooked or not known by most entrepreneurs. Before explaining them, it’s important to mention that an entrepreneur must understand the matching concept that ties cost to relevant revenue. This means that no item of cost is assessed in isolation of a corresponding item of revenue.

In carrying out the assessment, available investment opportunities must be exhaustively analyzed to determine the most cost effective that promises the highest revenue yield This would require the understanding of costs and revenues.

Costs are made up of fixed cost and variable cost. A fixed cost otherwise known as a period cost is incurred within certain turnover limits for a business period. It’s unaffected by fluctuations in the levels of turnover. Fixed costs are time related and within limits.

A variable cost is a cost which varies with a measure of activity in the short term. This cost varies with changes in volumes of output. Why is it important to understand variable cost? To determine the amount of additional costs that would be incurred by increasing output by one more unit.

More at:

https://ayietim.com/2022/01/10/how-to-run-a-profitable-business-5-key-cost-and-revenue-areas-to-focus-on/

Now that you’ve each other, why’re you not talking anymore as you used to? No more storytelling, just few words to remind each other about ‘serious’ things.

Haven’t both of you realized that by delaying to bring the Wefriendship of early days back, you’re pushing each other closer to the edge of your relationship? In the circle of love, true friendship is a centripetal force.


It’s not hard to maintain friendship in a relationship. It’s a matter of awareness of the need to do it and the commitment to continue to first be friends before lovers. Where should you begin?

Start with the storytelling:


Stop bringing work home rather bring stories home and share with your partner. When you’re done talking about the trivial, funny and serious things that you heard, saw and experienced, encourage your partner to do the same.
Don’t snooze off when you’re done telling your stories, ask and answer questions and listen attentively.

2. Watch movies together, read the same books: and play games together:


Movies and books your partner loves to see and read may not interest you. But for the sake of friendship, you’ve to step out of your comfort zone and share their interests. Not half-heartedly but with genuine interest. Only genuine interest can unlock fertile grounds for friendship to blossom.


How to develop genuine interest in things which don’t interest you? An unbiased mind is important.

Finding the time to play family games together is also a great way to enjoy fun time and strengthen the bond of Friendship.

. Maintain trust:


It’s not easy to establish trust in a relationship. Trust is often a product of a friendship strengthened by storms it has weathered and survived.
What good does trust do for a friendship?

It builds a true home for friends to let drop their guards, reveal deep hurt and get the help required for total healing.


The primary reason for seeking friendship is to have a generous heart, you can trust to share problems, challenges and dreams with.

So, when trust is taken out of the equation, it becomes impossible to solve and overcome problems and challenges which could only be done by true friends.

4. Don’t stop complimenting:

Women love to be complimented on their looks and men, well…yes. Telling your partner how great they look in their outfits is not old fashioned and will never go out of fashion.


The gesture will continue to inspire partners to put great efforts in dressing and appearing in ways they know their partners would compliment.


The unappreciated starts having a feeling of unworthiness when those compliments stop coming. The feeling may gradually morph into a feeling of suspicion. Suspicion is a common assassin of relationships

https://ayietim.com/2022/01/06/how-to-maintain-true-friendship-in-a-relationship/

Contingency budgeting is a respond to the reality that it’s humanly impossible to predict the future with consistent accuracy. Budget estimates will be wrong sometimes; therefore it’s wise to put alternative courses of action on standby in case original estimates are little bit off the mark.

Contingency budgets prepare a business to react quickly and accurately to changes in the operating environment of the business. A business that uses contingency budgets to react in the most appropriate manner to the unexpected is usually rewarded.

Contingency budgets should be important appendices to primary budget estimates, to help navigate a business through changes in a business climate and ease the shift from one level of activity to another.

And the flexibility they offer saves time, money and stops the business from making costly mistakes. The flexibility indicates to the business areas it can gear down and where it can’t.

Primary budgets of all departments and units of a business should have their relevant contingency budgets. They should be presented :

On a higher-than-expected level of business activity,
On a lower-than-expected level of business activity and,
On the expected.


https://ayietim.com/2022/01/05/contingency-budget-example-definition-and-why-its-necessary/

Motivation sows the possibility belief, waters promising initiative, weathers the storm and eventually births a reality that’s the envy of everyone.

But motivation can’t be sustained without the stream of ever flowing positive incentives.
Incentive motivation fuels the determination to stay the course through thick and thin because the reward is priceless.

Incentive motivation also serves as a constant reminder that the beast of failure is the punishment for not remaining sufficiently motivated until big dreams are achieved.

Why should I wake up everyday to engage in a profitable task I have set for myself?

You find the answer in the anticipated feeling of accomplishment that will come from success, which discipline and hard work never fail to produce.


Why should I deny myself the company of friends and the companionship of frivolities that’s the reward for such association?

The answer is, while friends and time wasters can give you temporary reprieve from worries, achieving your number one dream is the discovery that opens the door to purpose, love, happiness and inner peace in life.

Would you want to trade away happiness for sadness, peace and stability for anxiety and unfulfilment? Unlikely.


Reward is what most desire, isn’t this what most human beings want as a reward for their daily grind? To get this reward, you must be determined to consistently be at the level of productivity that produces the feeling of fulfilment.

You don’t need to work for anyone to work hard for a reward or avoid punishment. You’re the boss of your life, and the creator of the kind of life you want.


To create the kind of life you want, you’ve to take control of your life and pick your friends. Pick only friends with great minds because they will not try to disparage your ambitions. This is small minds do. Mark Twain captured it beautifully in the words below:


“Stay away from those people who try to disparage your ambitions. Small minds will always do that, but great minds will give you a feeling that you can become great too.”

https://ayietim.com/2022/01/04/incentive-motivation-why-is-it-important-for-self-development/

A plan is the compass for successful navigation of the way out of the labyrinth of life, full of risks and uncertainties.


The building materials of life are challenges and the right tools are effective personal plans that answer questions of what should be done, how it should be done, when it should be done and by who?


You’ve to be aware that not all personal plans point out the right direction to successful living. Only effective plans can aid the setting and attainment of realistic goals at the minimum costs possible within predetermined deadlines.

What are the features of an effective personal plan?


An effective personal plan must ,

Be built on clearly and well defined goals,

2. Have a work-in-progress format,

3 Be flexible,

4. Based on measurable actions.

Personal plan built on clearly and well defined goals:
Your plan should be designed to help achieve clearly defined goals. Specific goals minimize or eliminate the chances of wasting time and energy going round in a circle.

Clearly defined goals give the focus that is required to create daily routine tailor made for the progressively laying of scalable blocks until the last block is in place.

A plan that is based on specific goals is a fertile ground for instilling self-discipline and maintaining a consistent professional level of productivity.

2. A work-in-progress personal plan:

A personal plan that is not regarded as final has ample room for adjustments in response to changes and developments unforeseen at the beginning.

Uncertainties are normal in life. And they sometimes make efforts that go into forecasting seem as a waste of resources. A work-in-progress plan is a good system for managing uncertainties that could truncate the attainment of set goals.

For instance, goals and preferences could be reordered and resources swap on the basis of opportunity cost.

Read the full post at:


https://ayietim.com/2022/01/04/why-an-effective-personal-plan-is-the-key-to-successful-living/

Life is tough,
don’t make it tougher for you and those you love,
try as much as you can,
as often as you can,
to put the cares of this world aside,
and enjoy the gift of life you have;
You can’t choose how long yours will last
but you can choose to live a very good life.
So begin today to choose to laugh where you cried in the past,
To hope for the best where you worried in the past,
Share a smile instead of complaints,
Speak about happiness instead of pains,
Life is tough and short,
So choose to make memories of best times longer than those of worst.

27 Betty White funny, banana, butterfly, animal, love and life quotes.

“You don’t luck into integrity. You work at it.”
2. “The writers are the stars of every really successful sitcom.”

.3. “Mind your own business, take care of your affairs, and don’t worry about other people so much.”


Cc: Lalasticlala

https://ayietim.com/2022/01/02/if-one-has-no-sense-of-humor-one-is-in-trouble-betty-white-27-betty-white-funny-butterfly-and-other-quotes/

We are emotional human beings constantly in need of someone to love, to fight with, to share our laughter with and to share our tears with.


Where do we find that one person we need to give us the emotional audience and support?


In relationships, which some lead to marriages.


Marriage is real beginning of the real test of how much support we can receive and how much of it we can give.


It’s often nice and cosy at the early stages when two people overlook unpleasant things and utterances in the hope that they will go away.


Do they really go away? Few do but most don’t. A spouse may choose to live with occasional unpleasantness and work hard with the belief that their hard work will smoothen out all rough edges. After that, everything will be fine.


It rarely turns out this way even after couples have weathered the early storm that wrecks many marriages.


Happenings outside homes, outside the control of couples, though not the only ones, are mostly the ones that have one partner really need the emotional support of another.


Rising to the occasion is a tough call for many and in many circumstances. Many fail to respond appropriately and provide sufficient support to help a partner through tough times.


Tough times occur in diverse situations and conditions...details at:


https://ayietim.com/2021/10/03/7-tough-times-you-really-need-to-be-an-emotionally-supportive-spouse/

It actually minimizes conflicts:

Spending a ‘me’ time reflecting on the journey of your life should take you down the self discovery path.


The hard work that goes into building a relationship takes time, energy and focus.


With so much time and other resources committed to build a great union, little is left to invest in self discovery.

A ‘me’ time is an opportunity to sit down alone and do a productive self assessment.

It’s always a great time to ask. ‘How many of my personal goals have I achieved so far?” “How much of my potential have I used so far?” “Am I fulfilled yet?”

The answers you receive for these questions and others should help you redefine your personal goals. Then factor them into your relationship.

Aligning your goals with those of your relationship should minimize conflicts because focus is clearer and boundaries are clearly defined.

https://ayietim.com/2021/10/15/self-care-7-reasons-a-me-time-in-a-relationship-is-necessary/

It’s no use budgeting for purchases and consumption if during the budget period, you run out of cash. Cash budget is necessary so that any shortage of cash can be known in advance and early preparations can be made to ensure continuous cash flow.


Some of the early preparations may be cutting back on spending or arranging for loans or an overdraft. Sometimes, a cash budget may predict a cash surplus at some future point, in which case, appropriate use (investment) for the surplus can be planned rather than having idle cash in a bank account.

Cash budget shows a summary of expected cash receipts (inflow) and expected cash payments (outflow) during the budget period.


Cash budget shows the effect of budgeted activities on cash flow. It’s usually subdivided into short periods of weeks and months and rolled forward as time progresses.


What does a cash budget contain?


A cash budget must contain every cash inflow or receipt and every type of outflow or payment. In addition to amounts, the timings of receipt and payment must also be predicted.


Typically, receipts include cash sales, sales of fixed assets, interest and dividends received, loan stock, receipts from debtors, receipts from loan repayment and so on.


All payments usually include payments to creditors for assets purchased, payments of salaries, bonuses and overhead. Others are payments of interest, taxes, dividends, loans and so on.


It’s important to understand that cash receipts and payments are not the same as sales and cost of sales. This is because,

Not all cash payments affect cost of sales , example the purchase of a fixed asset,

2. Not all cash receipts affect profit and loss account income, example proceeds from issue of new shares,


3. Of depreciation and the loss or profit on the sale of fixed assets and,


4. The timing of cash receipts and payments doesn’t happen at the same time with the profit and loss in an accounting period. An example, credit sales are recognized once a formal offer is accepted but cash payment from the debtor may not be made within the same accounting period.

As mentioned earlier, date of sales and date of receipt of cash will not usually be the same, except in few cases. The same is true for date of purchases and date of payment of cash.

There is therefore need for accurate timing of cash receipts and payments. It’s for this reason and others, that the preparation of cash budget must follow guidelines.

For more, follow the link below;

https://ayietim.com/2021/12/29/why-is-a-cash-budget-necessary/

Love is hard on some and gentle on some,

for you that is getting love’s raw deal, it’s a life of needles and thorns,

you know that you are doing all the loving

while you are only being tolerated,

you really want to quit but you can’t or you can but you won’t because of fear of starting all over again,

so you stay put, you put up with the shame, the heartbreaks and the pains.

You have my sympathy, you need to help yourself, the situation may never change,

a better life of happiness awaits you, it’s your life, take the reins,

it’s now or never, it’s time to choose between slavery and freedom,

the ball is in your court, the choice is yours.


https://ayietim.com/2015/11/28/do-you-have-to-endure-suffering-in-the-name-of-love/

letitrainnow:
Bless you for this information

Thank you very much.

Human wants are unlimited but resources are limited. A business with many viable projects as investment opportunities at a particular time will always have a problem of limited funds.

So, what should a business with a fixed amount of funds for investment within an accounting period do, when it has many acceptable projects begging for immediate investment? This situation makes capital rationing a very useful investment decision making tool.

There are some methods of capital rationing and decision criteria. These methods are:

The aggregation method under the Net Present Value (NPV) and Discounted Cash Flow (DCF),
2. The incremental method under the Internal Rate of Return (IRR),

3. The Benefit Cost (BC) criterion.

4. The postponement analysis

Aggregation method:
The aggregation method uses the NPV or DCF criterion to select best projects in the light of limited funds. This is how the method works:

The NPV of all projects which fit into the available funds are added to determine projects combination that maximizes the total NPV as far as the cost of capital is stable.

In reality, there is always a substantial number of projects for any possible list of projects. It’s often suggested that the maximum number in the combination be narrowed down by ranking projects in ascending order of cost and accepting them until the available capital is exhausted. The minimum number is the combination is obtained by ranking projects in descending order of their NPVs and accepting this order until the budget is exhausted.

An example: A company with a capital limitation of $2,000 can make a feasible combination from the following projects:

Incremental analysis:

Internal Rate of Return (IRR) can be incorporated into capital rationing using the incremental method. Here, projects are ranked in descending order of their IRR. After ranking, all projects from the highest IRR down to the point where funds are exhausted, are accepted.

There is a problem of indivisibility of projects with the use of this method. This problem arises when there left over funds which are not enough to fund any project left on the list. The left over funds may be placed in temporary security investment yielding less than the business’s cost of funds, falling short of the maximization objective.

What the incremental analysis does is, to help decide whether giving up a relatively small but high yield project frees up sufficient funds for larger but lower yield project which will increase the total return.

For examples, tables and more,, go to the link below;

https://ayietim.com/2021/12/28/what-is-capital-rationing-and-what-are-the-capital-rationing-methods/

Why is it important to know the symptoms of impending business failure? So that timely remedial actions could be taken to restore the business to the position of viability..


There are different degrees of business failure. It may be a mild case of short falls in cashflow expectations which though weaken the business but don’t threaten the existence of the business. That is, the business is technically insolvent.


Or it may be a degree of failure associated with a negative net worth where the business seeks the bankruptcy court’s protection from its creditors. It may also be the most severe case that requires the liquidation of the business.

What are the common causes of business failure?

Poor management is one of the common causes of business failure. Successful management of a business depends on the sufficiency of necessary skills, a strong sense of responsibility, relevant experience and high financial discipline by managers. The absence of any of these qualities produces poor management.
2. Undercapitalization: This is the most common cause of business failure among startups and small businesses. A business that uses excessive debt in the short term for financing may face a situation of lack of funds when it’s unable to meet obligations of a maturing debt.

This inability may be due to inadequate cashflow. A business experiencing undercapitalization at the initial stage may not be able survive larger than expected losses and delays in revenue generation.

3. Poor marketing strategy: This is another common cause of business failure. A business that fails to carry out effective marketing research will not design an effective marketing strategy that guarantees high volume of sales. It could end up with a marketing campaign that is based on an incorrect marketing mix, which doesn’t maximize response of potential buyers and profitability.

4. External factors such as adverse government policies could cause business failure.

What are the symptoms of business failure?

There are statistics that give warning signs of business failure. These are;

Market price: An increasing decline in the median market stock price is an indication of investors’ decreasing confidence in the survival of the business. So, business failure is approaching when the market price begins to decline at an increasing rate.
2. Working capital/total assets: As business failure approaches, this ratio declines reflecting the inadequacy of working capital.

3. Earnings before interest and taxes/total assets: This ratio shows the relationship between the lack of an adequate cashflow and the business’s debt obligations. As it gets lower and lower, the business’s ability to meet those obligations gets lower too.

4. Cashflow/total debt: This ratio falls rapidly as business failure approaches.

5. Retained earnings/total assets: This is the ratio that indicates the lack of adequate cushion to withstand temporarily adverse conditions due to bigger than expected costs, delays in revenue generation and credit crunches. The ratio declines as failure approaches.

6. Sales/total assets: This ratio shows a diminishing market for a business with the capacity to produce but no sales. The ratio also defines the size of the business in terms of sales. As this ratio declines, business failure approaches.

7. Market value of the equity/book value of the debt: This ratio indicates falling stock price exposed to increasing financial risk due to excessive use of debt.

In conclusion, a failing business could be negotiated out of the situation. The business could submit itself to voluntary reorganization, voluntary liquidation or could seek legal protection where voluntary arrangements fail.[right][/right]

https://ayietim.com/2021/12/27/7-symptoms-of-business-failure-and-4-common-causes/

According to The Wall Street Journal,, “The pandemic has unleashed a historic burst in entrepreneurship and self-employment. Hundreds of thousands of Americans are striking out on their own as consultants, retailers and small-business owners.
The move helps explain the ongoing shake-up in the world of work, with more people looking for flexibility, anxious about covid exposure, upset about vaccine mandates or simply disenchanted with pre-pandemic office life. It is also aggravating labor shortages in some industries..”


Probably, circumstances have brought you to the realization that you’re the master of your destiny. You’ve made the right decision to live life by your terms and conditions.


Life is short? This is irrelevant when you follow your heart. Steve Jobs said;

“Your time is limited, so don’t waste it living someone else’s life. Don’t be trapped by dogma – which is living with the results of other people’s thinking. Don’t let the noise of other’s opinions drown out your own inner voice. And most important, have the courage to follow your heart and intuition. They somehow already know what you truly want to become. Everything else is secondary.”


You have high chances of success. Other business owners need your skills, your experience and your expert knowledge to fill gaps being left by departing employees.

But you have to accept the fact that now going forward, you’ll solely decide how much you earn and when you get paid.


You’re going to be the employer of yourself and not an employee any more. You’re getting into a new world where you’ve never been before.

To survive, you must quickly learn and master new set of skills and emotions.


You’ll have to learn and master the skill of effective communication.


This is necessary because you would’ve to sell your ideas, skills and products in volumes that guarantee survival and growth.

It’s almost impossible to succeed as a business owner without mastering the art of effective communication.


What’s your attitude to learning new skills?


The journey into entrepreneurship will require the learning and mastery of new skills to reach and cross milestones. If you weren’t comfortable learning and applying new skills as an employee, you would’ve to develop the ability as a business owner.


Listen to this…and believe; you’re going to experience failures, disappointments and sometimes frustrations. Challenges and tough moments are part of an enterpreneur’s journey.


They are unavoidable but they are surmountable. When things fail to go according to plan, adjust to deviations, exploit new possibilities and turn negative variances to positive ones. Don’t ever quit, remain persistent. Jessica Herrin, said,


“You have to see failure as the beginning and the middle, but never entertain it as an end.”


At all times, have a business strategy that has the potential to set you apart from the competition.”


“Focusing solely on what you can potentially do better than any other organization, Jim Collins said, “is the only path to greatness.”


Now that you’ve decided to be your own boss, greatness is no longer far away from you. Believe in you and maintain a positive focus regarless of what is going on around you now.


As you move forward, one step at a time, always keep in constant view, your past successes. And they will inspire you to achieve your business and life goals. Jack Canfield puts it thus;


“Successful people maintain a positive focus in life no matter what is going on around them. They stay focused on their past successes rather than their past failures, and on the next action steps they need to take to get them closer to the fulfillment of their goals rather than all the other distractions that life presents to them.”


https://ayietim.com/2021/11/30/workers-quit-jobs-to-become-their-own-bosses-but/

Investors often face a situation where they have to analyze long term investment opportunities to arrive at the most profitable decision. An opportunity may come when a company goes the route of convertible security to seek long term funds.


An investor must determine the value of the convertible security before a choice is made to either invest in it or in another option.

A convertible security is a bond or a preferred common stock which the holder may exchange for the common stock of the company during a specific period at a predetermined price.


The convertible bond has three separate values which must be analyzed before making a decision. These values are:

The conversion value (its assumed associated common stock exchange worth),
The straight bond value (it’s assumed that the bond has no conversion option)and,
The actual market price of the bond (it’s present selling price).


Conversion value: the conversion value indicates the value of the bond as if the holder had already activated the option of exchanging for the associated common stock within the conversion privilege.
The bond is analyzed as it were exchanged for the common stock. An example; assuming company XYZ allows the holder of its convertible bond to convert into the common stock (ordinary shares) at $100 a share, each $1,000 par-value bond may be exchanged for 25 shares of the associated stock.

This is calculate thus:

N = par value/CP.

Where,

N = the number of shares into which the bond is convertible,
Par value = the par value of the bond,
CP = the conversion price.

N = $1,000/100

= 10 shares.

Since the holder can convert at any time, therefore owning the bond is the same as owning 25 shares of the common stock.

The conversion value is given as;

CV = N x P,

Where,

CV = the conversion value,
N = the number of shares into which the bond is convertible,
P = the prevailing price per common share.

Assuming that the prevailing price (P) $105, the conversion value of the XYZ bond would be:

CV = 10 x $105

1
= $1,050.
In the example, the conversion value of $1,050 is more than the par value of $1,000. As the prevailing price of the associated common stock increases, the bond’s conversion value also increases. This is because the number of shares into which it’s convertible (N) remains constant. And the reverse is also true.

2. The straight bond value: The convertible bond of XYZ (company in the example) could also have a value independent of the conversion value. The bond still promises a stream of interest payments and a return on principal on maturity.

When the conversion value is taken out of the picture, the bond sells like any other bond without a conversion feature. Consequently, its value will rise as interest rates fall and falls as interest rates rise.

An example, XYZ bond has a face value of $1,000, a redemption date for the bond is 20 years from the issue date, issued at a discount value of $950 and the coupon rate in the trust indenture is fixed at 7%. The coupon is paid annually.

The bond holder receives 7% x $1,000 face value = $70 every year.

The holder will receive $70 every year for 20 years.

An investor can determine the current yield by dividing the annual cash flow by the market price. In the example, the current yield will be:

$70/$950 = 7.37%.

https://ayietim.com/2021/12/24/investment-how-to-calculate-the-value-of-convertible-bond/

It’s a tough world out there. To make ends meet, you’ve to literally work round the clock.
At the end of almost everyday, you may be left with no time to either give yourself a treat or show your loved one how much you care.


Regardless of how much of your time the performance of daily career routine takes, you should find the time to show the one who’s always by your side that you care so much.


It’s very important you do so, because without them being constantly there to take care of those important things you’ve no time to do for yourself, you could end up an emotional wreck. That’s not possible?


What about the emotional support they’re giving to you, don’t you think this support is the pivot of your stability in life? You may not still believe you need them until you lose them, then you would realize they were really invaluable.


So how do you find the time to do little things for them that reassure them that you still care?

Don’t make excuses.
When we are confronted with the question, “You don’t have time for me anymore, do you really care?” It’s natural for most of us to use the pressure work places on our time as an excuse. It’s the wrong response.

Do you know why? The response is likely to make your partner conclude that they’re not important to you. If they were, you would’ve made time to express how much you care in actions and in words.

So instead of giving excuses, make a mental note and a sincere commitment to make amends and do things that prove to them that they’re an important part of your life.

2. Make it a habit to leave romantic notes.

The easiest place to start the process of making amends is in ‘words’. Occasionally, leave little romantic notes around some places in the house where your partner could find and read them. This doesn’t take more than few minutes of your time and thought.

Scribble on a piece of paper, few words that remind your partner of how much they mean to you. Make sure the words are sincerely from the depth of your heart. It would mean so much to them.

What about texting romantic words to your partner, wouldn’t that be better? Some things in life just cant be replaced by technology and robots. Your handwriting is a special extension of your personality.


https://ayietim.com/2021/12/22/how-to-find-the-time-to-show-how-much-you-care/

Pfizer supports global independent initiatives aiming to improve patient outcomes in areas with unmet medical needs (i.e., insufficient or limited treatment facilities and medication).

There is a grant for continuing medical education at accredited or non-accredited initiatives. It also supports independent efforts in teaching, research, and quality improvement related to COVID-19 prevention measures.


https://ayietim.com/2021/12/04/who-provides-research-grants-a-list-of-39-potential-grantors/

Those whose every venture is a passion, don’t believe in failure.

.
“I don’t believe in failure. It’s not failure if you enjoyed the process.” – Oprah Winfrey.


When you decide to take the risk to attempt to achieve what you’ ven’t achieved before, you’re going to pay a price for success. Failure is the price paid for success.


The price paid for success is too great for many people, this is the reason a lot of people don’t achieve success in life. Many people fail once and quit, few are able to carry on the back of few failures only to get blown away by one more failure.


There’s a group of very strong people who will never quit no matter how many times they fail. Each time they fail, they come back stronger to try again and again until they succeed.

People in this group know how to handle the failure and its aftermath the way a lot of us don’t. what do they know that most don’t?

When they fail, they blame no one and they don’t complain.
People who never seem to be discouraged by multiple failures accept responsibility for mistakes that cost them success every time they fail. They know that everyone is self-responsible for their success in life.

So they look for no one to blame, no system to blame and they don’t blame themselves. Rather they accept the fact that they didn’t everything right to succeed on that occasion.

Acceptance of this fact opens the door to critical objective assessment of the outcome.

You should adopt the same approach the next time you fail. Refuse to play the blame game and refuse to complain about it.

Why shouldn’t you complain? Because it could either delay a recommitment to try again or cause you to quit completely.
Steve Maraboli said when you fail,

“It’s time to care; it’s time to take responsibility; it’s time to lead; it’s time for a change; it’s time to be true to our greatest self; it’s time to stop blaming others.”

2. Be determined to do it until you succeed.


“Failure will never overtake me if my determination to succeed is strong enough.” – Og Mandino.


No matter the number of failures, you would hardly quit when you’re determined to remain committed to a course of action until you succeed. The determination puts you in a situation where no you have only one option; to keep going forward.

In such a situation, you become determine to succeed every time you fail. Every failure gets you digging deeper and searching wider for answers to the question, “Why did I fail again?”

You’re going to find some answers which should help design better plans, better tactics and better strategies.

https://ayietim.com/2021/12/21/how-to-handle-failure-in-life-5-easy-steps/

The man is great, the woman is super,
the woman who is pursuing a career, is truly super,

she has to compete with the men to get ahead,
play the politics in the boardroom better, in order, to get her way.
For today’s woman, beauty alone is not enough,
it’s a combination of beauty, brains and tenacity to fight on.
At home, with her family, she takes care of everybody,
the man, the kids, correctly anticipating their needs to make everybody happy.
So she should be respected more, cherished more and loved more.
This is a celebration of the great job you are doing, woman,
but don’t forget, it would have been almost impossible without the man.


https://ayietim.com/2015/07/04/the-job-of-a-woman-is-not-easy/

Your mate is asleep, you’re going through their cell phone, searching for clues that justify your suspicion of infidelity. That is not a sign of love rather it’s a sign of insecurity.


You’re not only slowly burning down your relationship, you’re also surely squeezing the life out of your heart. You’ve to stop yourself now before it’s too late.


There re other habits that indicate that you’re feeling insecure in your relationship. Let’s look at some of them:

Staying ‘permanently’ glued to your partner’s side.
You want to be with your partner all evening everyday. In the depth of your heart, you’re scared that they could be taken from you if you allow them out of your sight for some hours.


It’s your own way of stopping them from hanging out with friends and possibly getting to meet a ‘rival’.

But freedom is the key to true love. When someone loves you truly from the bottom of their heart, they build their home in your heart. So, no matter how far away they wander, they will always find their way back home.

2. Stalking your mate on social media.

Relax! Very wise cheats work harder not to leave any trail. So, if you had a cheat as a partner, they would do almost everything right to cover their tracks. Sitting on their tail on social media, may give you no update on what they are up to.

Wouldn’t it do your health a world of good to refrain from stalking and concentrate on living happily as much as you could. Listen, acts of desperation can’t keep a partner whose mind is made up to leave.

3. Jealousy.

This is a sure sign of insecurity in a relationship. It births the stalking and the desperation to be permanently be your mate’s side, mentioned above.


Jealousy makes you entertain unnecessary fears and exhibit the habit of jumping to errorneous conclusions.

You develop an annoying pattern of making mountains out of little molehills like exchanges of casual greetings, hugs and eye contacts between your partner and complete strangers. Are you not tired of the frequent fights your jealousy causes?

Haven’t you realized that those fights are counterproductive? They are pushing your partner further and further away from you. You have to understand that, you can’t win and keep love by fighting.

4. Don’t avoid to speak your mind.

Now, you must not keep your concerns, fears and personal views to yourself. Share them with your mate. Deciding to do the opposite is a sign of insecurity in your relationship.

Are you worried by their recent change in attitude? Share your worries wisely, calmly and with the assurance that you suspect nothing. Let your partner know that you just need their own side of the story so as not to reach false conclusions.

5. Frequently threatening to breakup.


When you find yourself in a situation where you frequently threaten to breakup, then youre feeling insecure in your relationship.


Threatening to breakup your relationship should be a last resort after several attempts made on several occasions to sort out a nagging issue have failed. But when the threat becomes a tool, which you believe should be used to give you a sense of security in your relationship, it produces undesirable consequences.


The more you threaten the more your partner’s doubt of your long term commitment grows. So, frequent threats to walk away from a relationship actually hasten the death of a relationship.

6. Seeking constant reassurance of love.


You don’t need to be constantly reassured by your mate’s love for you to feel secure in your relationship. Seeking it often is a pointer to a feeling of insecurity.


Some people feel that giving frequent reassurances of their love for someone doesn’t tell the true story. This set of people believe actions speak louder than words.

So, they’re uncomfortable when put under pressure to do it.

Rather than put yourself through the agony, the anxiety, the paranoia and other distressful conditions that the feeling of insecurity causes, turn to loving sincerely as much as you could.


Give your all everyday and renew the fragrance of your love every morning through total support for your mate. Force nothing to happen, great things which are meant to happen, occur naturally at the right time.


https://ayietim.com/2021/12/18/insecurity-in-relationship-how-to-deal-with-it-and-6-sure-signs/

No idea is ever big,

until it becomes real,

after sweat, blood and tears have watered it’s garden,

so, think big then labor to turn a drizzle into a torrent.


https://ayietim.com/2016/05/30/a-thought-is-an-idea-in-transit-pythagoras/

No idea is ever big,

until it becomes real,

after sweat, blood and tears have watered it’s garden,

so, think big then labor to turn a drizzle into a torrent.


https://ayietim.com/2016/05/30/a-thought-is-an-idea-in-transit-pythagoras/

Dalai Lama – “Open your arms to change but don’t let go of your values.”

With open arms, welcome change

but don’t throw values out of the window for change to occupy the space,

for without values, it’s difficult to detect a positive change,

lean on great values built over years to eliminate mistakes, then make rational decisions and forge ahead.


https://ayietim.com/2016/12/29/dalai-lama-open-your-arms-to-change-but-dont-let-go-of-your-values/

It doesn’t matter what the weather man says,

because the weather bag is always on your waist,

no rainy days in that bag, only sunshine,

always carry it around wearing a big smile;

feeling positive where others feel negative,

seeing opportunities where others see challenges;

Don’t stop now, go about with that bag more than ever,

it’s uncertain times, move around with the sunshine in both sunny and rainy weather.


https://ayietim.com/2021/10/18/wherever-you-go-no-matter-what-the-weather-always-bring-your-own-sunshine-anthony-j-dangelo/