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“Have you heard, aliens are everywhere. They are taller than the tallest tree on Earth, they are spitting fire from the mouth and burning down every where.”


“Have you seen one yet?”


“No. But I’ve also heard that beautiful Mrs. Hawk has dumped her husband for one of the aliens.”


“How true is that? Where did you get that information from?”


“The social media. You haven’t seen it yet?

That’s not all…”


“What else?”


“I gathered from a reliable source that your partner is in a scandal, which by association, has the potential to ruin your reputation.”


“Do you’ve proofs?”


“No. Do I need proofs to believe the veracity?”


Damaging effects of rumors and negative effects of gossip are real. Rumors and gossip are as old human existence.


They have always been a part of human existence and will continue to be.


Gossip and rumors have destroyed relationships, ruined homes, weakened self confidence, destroyed personalities and caused wars.


You can make the choice not to make yourself available for use as a rumor-monger and a gossipmonger.


Next time, someone comes to you with gossip, apply Socrates three sieves test.


What are Socrates three sieves?


Socrates had the reputation of being of great wisdom. One day someone came to visit him and said:


“You know what I just heard about your friend?-


“Wait a moment,” replied Socrates, before you tell me, I would like to give you a test, that of the three sieves.”


“The three sieves?”


“Before telling something about others, it is good to take the time to filter what you want to say. The first sieve is that of truth. Have you verified that what you are going to tell me is true?”


“No, I only heard about it …”


“Very well. So you don’t know if it’s true. Let’s continue with the second sieve, that of kindness. Is that something good you wanna tell me about my friend?”


“Oh no, on the contrary!-

“So you want to tell me bad things about him and you don’t even know if they’re true. Maybe you can still pass the test, there is the third sieve left, that of utility. Does it help me to know what this friend would have done?”


“Not really.”


“So, concluded Socrates, what you wanted to tell me is neither true, nor good, nor useful. So why did you want to tell me?”

https://ayietim.com/2021/09/08/how-to-curb-negative-effects-of-gossip-with-socrates-three-sieves/

For most business startups, inadequate working capital to carry on routine business operations is usually a problem.

This may be a consequence of an insufficient startup capital to purchase and own all necessary assets. This problem could be solved by adopting the lease financing option.


What is leasing?


Leasing is a contractual agreement between the lessor (the owner a specified asset) and a lessee (the user of an asset) where the lessor conveys to the lessee, the right to the use of a specified tangible asset for a clearly defined period of time in return for a lease rental.

The lease period is mostly short term; between six and twelve months. However the lease period will depend on the offered and accepted lease term. The lease term is generally one of fixed, periodic and indefinite.


It’s important to note that the lessor retains the ownership of the leased asset. The lessee only has possession and use of the asset for a specified period as long as the rent is being paid.

Rental payments and other covenants must be clearly stated in the lease contract. Other binding covenants covered in the lease contract are:

A provision that disallows modifications and alterations to the leased asset without the consent of the lessor,
2. The rental fee is stated, due date and a penalties for defaulting are clearly spelt out,

3. Conditions for giving warrantees and guarantees on the leased asset are specified and,

4. Any other terms and conditions as the lessor and the lessee may deem it necessary are captured in the lease contract.

A lease may be divided into two broad categories of operating or finance.

The operating lease is a short term cancellable contractual agreement which transfers the right to use an asset to a lessee but keeps the ownership risks with the owner of the asset.

The owner bears the costs for maintaining the leased asset and transfers this burden to the lessee as part of the rental fee. The lease period is usually less than the useful life of the leased asset.

A finance lease is a long term non-cancellable lease contract. A finance lease unlike the operating lease usually specifies a minimum payment plus an interest rate that is equal to or greater than the fair value of the leased asset.

It also offers a lease period that is more than eighty percent of the useful life and la purchase option.

Now, why is lease financing a good business financing option?

Lease financing improves business profitability.

With lease financing, the value of total assets owned by a business is reduced and the reported earnings are increased. No depreciation expense on assets not owned by the business is deducted from the gross profit.

Therefore, the net profit is higher than what it would have been if such an expense was deducted.

2. Lease financing lowers high gearing effects on capital structure that is usually associated with debt financing.

A business which takes the option of lease financing jettisons the option of borrowing to finance purchase of assets. The benefit is a low debt to equity ratio.

3. The fixed rental fee and periodic payments protect a business that has chosen the lease financing option against adverse effects of inflation.

The lease covenant does not allow the lessor, to respond to increase in prices or costs by reviewing upward the rent before the expiration or cancellation of the contract.

4. A business which chooses lease financing is spared risks associated the ownership of assets. Such risks as underutilized capacity, obsolescence and others are mostly borne by the lessor.

https://ayietim.com/2021/09/06/business-financing-options-7-lease-financing-benefits/

Children rarely give up when they really want something. They keep asking and knocking until they are given what they want.


We were born that way, with the ability to get most of whatever we want. We were all born with the ability to persist until we win. How and when did we lose this ability?


We lost it the moment we lost the childhood innocence in us. Childhood innocence is an aura where fear doesn’t exist, disappointment doesn’t discourage and the believe in possibilities doesn’t wane.


The period of childhood innocence is when the trust in the subconscious mind for direction is total.


The subconscious mind is more powerful than the concious mind. The subconscious mind stores our beliefs, memories, emotions and controls our involuntary actions. So why do we cease to trust it when we become adults?


“When we are children, Patrick Rothfuss says, “we seldom think of the future. This innocence leaves us free to enjoy ourselves as few adults can. The day we fret about the future is the day we leave our childhood behind.”


Why should we fret about the future and lose the childhood ability to love ourselves and love life? What is the essence of existence if it doesn’t make us happy? Wasted, isn’t it?


All hope is not lost, it’s never too late to bring back the childhood and enjoy the fearlessness, the positive belief and the happiness that come with it.


The world has never been without crisis but it has also always reserved a spot for lovers of peace.

Lovers of peace are those who carry the spotless mind of their childhood.

Below are childhood innocence quotes to learn from:

“When grown people speak of the innocence of children, they dont really know what they mean. Pressed, they will go a step further and say, Well, ignorance then. The child is neither. There is no crime which a boy of eleven had not envisaged long ago. His only innocence is, he may not be old enough to desire the fruits of it…his ignorance is, he does not know how to commit it…” – William Faulkner.
2. “See the world with the innocence of children.
Approach the world with the daring of children.
Love the world with the readiness of children.
Heal the world with the purity of children.
Change the world with the wisdom of children.” – Neale Donald Walsch.

3. “Every child is an artist. The problem is how to remain an artist once we grow up.” – Pablo Picasso.

4. “In their innocence, very young children know themselves to be light and love. If we will allow them, they can teach us to see ourselves the same way.” – Michael Jackson.

5. “The innocence of children is their wisdom, the simplicity of children is their egolessness. The freshness of the child is the freshness of your consciousness, which never becomes old, which always remains young.” – Rajneesh.

6. “We need to remain childlike. Children don’t dream of being insignificant.” – Bill Johnson

7. “The silence often of pure innocence persuades when speaking fails.” – William Shakespeare.


https://ayietim.com/2021/09/03/childhood-innocence-its-deepest-meaning-and-quotes/

People often say that ‘beauty is in the eye of the beholder,’ and I say that the most liberating thing about beauty is realizing that you are the beholder. This empowers us to find beauty in places where others have not dared to look, including inside ourselves.” – Salma Hayek.


You’re meant to be the first beholder of a beautiful you. If you don’t discover those places in you, where the really beautiful you is hidden, no one will.

If you don’t make the discovery for yourself, you’re less likely to find the depth of your strength and your yet-to-be used abilities that you have to become the best version of you.


So, wake up and look within you and discover those assets of immeasurable value deep within you.


The discovery is going to activate a passion for life and success, you never knew you had.


You’re beautifully made, far more than you could imagine. And so are others.


But if you don’t appreciate your beauty, you won’t appreciate the beauty others have deep within them. The consequence is, you’re not going to live a life so meaningful and so beautiful.

https://ayietim.com/2021/09/02/why-is-knowing-that-we-are-beautiful-important/

If you’re in business, there would be occasions when you have to decide which customer can access your trade-on-credit facility.

There would also be occasions when you have to select a borrower from a list of many. What could help you decide is their credit ratings.

Credit ratings will show if prospective debtors or borrowers are bad credit risks and good credit risks.


For corporate customers and borrowers, a test of their solvency or liquidity is possible with an access to their books.

Either a current ratio or an acid test ratio analysis of their financial statements for the purpose of test of liquidity could be done.


What is current ratio?


Current ratio compares total current assets to current liabilities to determine the availability of adequate short term assets to meet short term liabilities.


What is acid test ratio?


The acid test or the quick ratio is like the current ratio. The only difference is that the acid test ratio excludes stock from analyzed current assets.


Stock is excluded because it’s considered to be illiquid; current and future market forces may work against the quick conversion of stock to liquid in a short time.


Download Current ratio and acid test ratio template;

current-ratio-and-acid-test-ratio-templateDownload.

https://ayietim.com/2021/09/02/current-and-acid-test-solvency-ratios-formula-and-worksheet/

It’s possible to build a happy relationship for everyone involved happy.

What is needed is the decision to seek out things that make each partner happy and make the doing of those things a priority.


Things that make people happy are not difficult to know. They are what they like to have, hear and see as often as possible.


People don’t usually make a secret of the things they like; they normally tell and show them to thise they are in love with.


Everyone wants to be treated in a special way and where possible, loved and appreciated in spec ways.


The top place a lot of people look to with expectations to be loved and appreciated is their relationships.


We know that we receive the highest level of love and attention by becoming real humans and revealing our soft spots.


Yes, we know this fact. And everyone somehow finds someone they let into their deepest truest being.

When they do, they expect to be fed pure love, undivided attention, absolute faithfulness and an unbroken commitment to receive things that make them happy.


Sadly, exposing our likes sometime become the source of our undoing. Because may be we reveal our humanness to the wrong heartless people, who use it to blackmail and hurt us.


But sometime, we’re fortunate to find a human with same likes. When our likes cross paths with those with similar paths, a bond is formed.


The compatibility doesn’t have to be in all areas for a strong bond to be formed. Finding compatibility in the area of shared core values is the foundation upon which a strong relationship between two is built.


Shared core values form the nucleus of a strong bond. Two people who share same spiritual, career and parenting values are most likely going to build a great happy relationship.

These three shared core values are the best place to lay the foundation for a happy relationship.


https://ayietim.com/2021/08/31/3-shared-core-values-that-form-the-foundation-of-a-happy-relationship/

Warren Edward Buffett, born August 30, 1930, is an American entrepreneur, investor, and philanthropist.

He is currently the chairman and CEO of Berkshire Hathaway. He is regarded as one of the most successful investors in the world.

Below are his 19 quotes on investing, investment risk management and life.

“Rule No. 1 is never lose money. Rule No. 2 is never forget Rule No. 1.”
2. “A simple rule dictates my buying: Be fearful when others are greedy, and be greedy when others are fearful.”

3. “Every decade or so, dark clouds will fill the economic skies, and they will briefly rain gold.”

.4. “You’ve got to understand accounting. You’ve got to. That’s got to be like a language to you,”

5. “Price is what you pay. Value is what you get.”

6. “You cannot make a good deal with a bad person.”

7. “[Our] favorite holding period is forever. We are just the opposite of those who hurry to sell and book profits when companies perform well but who tenaciously hang on to businesses that disappoint. [American investor] Peter Lynch aptly likens such behavior to cutting the flowers and watering the weeds.”

8. “It’s far better to buy a wonderful company at a fair price than a fair company at a wonderful price.”

9. “Uncertainty actually is the friend of the buyer of long-term values.”

10.. “As in the case with marriage, business acquisitions often deliver surprise after the ‘I do’s.’”

11. “Lose money for the firm, and I will be understanding; lose a shred of reputation for the firm, and I will be ruthless.”

12. “Don’t pass up something that’s attractive today because you think you will find something better tomorrow.”

13. “The important thing is to know what you know and know what you don’t know.”

14. “I have every possession I want. I have a lot of friends who have a lot more possessions. But in some cases, I feel the possession possesses them, rather than the other way around.”


https://ayietim.com/2021/08/30/19-warren-buffett-quotes-on-investing-investment-risk-management-and-life/

The best product doesn’t sell itself, sales depend on planned communications to stimulate demand.”

What is personal selling?

Personal selling is a form of marketing communications system used to effectively explain, the advantages of a product to target customers.

It’s a specific communications system designed to sell more products to existing customers, promote new products and for market penetration and expansion.

For a marketing communications system to be effective and efficient, this marketing communications must recognize key elements.

These elements are the messenger, the target customer, the message, the message delivery channels and the feedback system.

Personal selling is one of the major delivery channels. It completes advertising and provides a more reliable channel for getting feedback.

Succeeding at personal selling requires the possession of basic skills.

What are the personal selling skills that guarantee success?

The attainment of adequate level of education:
Achieving success in personal selling needs the possession of at least, average abilities to read and understand, write intelligently and communicate clearly.

This is very important as a salesperdon will have to communicate effectively the merits of a product to a target customer in order to make a sale.

The selling of some technical products is difficult for a salesperson that is unable to read, interpret and transmit technical information to target customers in a layman’s language.

2. The willingness to be open to continuous learning:

We are living in a dynamic world where information, channels of communication, products and services become obsolete quickly. We are living in a world where trends are normal.

So, for the sake of survival, businesses must either initiate trends or exploit emerging ones for business gains. The consequences of failure are better not imagined..

So, it’s very important for a salesperson that wants to stay relevant to be open to continuous learning. It’s the only way to keep up with updates and learn new ways to take advantage of new opportunities.

3. Ability to take initiative:

A salesperson with eyes on success has to go out into the field to seek buyers. They would hardly make significant sales If they chose the option of waiting for customers to come to them.

Customers always have competitors to choose from but a salesperson that initiates sales calls and sales visits make themselves the best choice.

4. Creative ability:

Creativity is a very important personal selling skill. Different customers have different preferences and would easily buy products designed to meet their specifications.

A salesperson that crafts a sales pitch around a target customer’s need has better changes of success than the one that doesn’t..

5. The ability to be assertive:

This is a must have ability for a salesperson selling non routine products and services.

Success here is dependent on the possession of the hard selling skill of assertiveness. This is because the salesperson often has little time to convince a skeptical target customer and close a sale.

6. The willingness to research:

A salesperson that is not willing to embark on research is not success driven.

There will definitely be times of low or no sales. Periods of low sales can occur any time.

When this happens, the salesperson should be ready to go the field to ask questions and develop a new strategy on the strength of findings from the field.

Then implement the strategy, get feedback, evaluate results, repeat the process until success is achieved.

7. Readiness to follow-up and stay in touch:

Every successful salesperson recognizes the importance of follow up.

Follow up calls are required to keep customers happy, have them come back for more, volunteer useful information and give referrals.

https://ayietim.com/2021/08/30/7-personal-selling-skills-that-really-drive-sales/

Crossroad1:
If I turn it into a melodious song for you, will you pay?

.

Change it, sing it and I promote.

I am now part of your life,
I am your cheerful giver,
I want to make you smile,
I want to do that everytime,
when you are sad and when you go wild,

let down your hair, and live without a care,
you don’t know how to get there? Don’t worry I will take you there,

I have the map in my heart,
here, come, let me tattoo it on your back, nay on your heart,
so that if you lose me, you can locate the tracks and find your way back.

I love the fact that you trust me,
without trust, we will regret this,

the bliss we are yearning for will become a mirage,
the tables are set, the fans are waiting, let’s hit the stage,
they have come to watch and learn,
and go home better educated than when they came,

they have heard about the way we love, so they want to be taught,
we haven’t done anything extra-ordinary but we have a secret, let’s bare it for all,

few will believe what we are about to tell them, most will doubt,
but listen with your ears opened wide and with an opened heart.
We both know we are weak,
we accep it and cover up our weaknesses
wirh the sweetness of openness,
transparency, is the secret of our inseparable togetherness.

#MyLoveForYou #TogetherForForever

https://ayietim.com/2015/08/08/the-little-thing-we-do-differently-that-most-overlook-as-silly/

Okay.

Thanks for sharing your thoughts.

Are you sure about this? What about the Gates, the Bezoses and other billionaires whose marriages crasheid?

Staying together in marriage for years, may rarely be tied to partners attaining financial stability.

Wouldn't it be safe to attribute marital success to partners choosing and accepting to stick together against whatever from wherever and whoever?

Is This Why Most Marriages Crash?

Disrespect and lack of understanding are at the root of most marriage or relationship crashes.

You will not agree with your partner on every view or opinion and dream or aspiration but you must respect such differences for the sake of the marriage or relationship. Show understanding because although you have agreed to work together to build one happy home, there would be differences in few tastes and preferences.

Show understanding and have respect for your partner’s dream that is parallel to yours. It is when that dream that’s different from yours is fulfilled, that your partner would find happiness. This happiness would be enlarged into an umbrella of comfort that covers both of you.

On the other hand, showing a lack of respect for what your partner strongly believes in, is a recipe for disharmony in marriage. However, this is not to say that you should make an input that could either weaken or strengthen an already made commitment. In having your say, place your partner’s interest above every other consideration.

People come together to start a relationship that guarantees and protects their mutual interests. But when there is a reason for any disagreement, respect and understanding must take over for the survival of the marriage or relationship.


https://ayietim.com/2017/01/28/this-is-why-most-marriages-crash/

A business that is set up to make profit prioritizes the satisfaction of customers and other stakeholders.

The satisfaction of customers is dependent on the business having a thorough knowledge of its customers, their wants, motives, preferences, purchasing power and demographic characteristics.


A good marketing decision depends on how good the level of knowledge about the consumer behavior. The consumer behavior is influenced by consumer’s needs, wants and expenditure patterns.

And these influences should usually form the object of marketing.


What does it matter to pay attention consumer behavior? Because ignoring consumer behavior is setting to run a business at a loss.


What then is consumer behavior?


Consumer behavior is a combination of thoughts and actions a consumer exhibits as they search for, buy, use, assess and dispose of products and services they get for the satisfaction of needs.

Consumer behavior could be displayed through physical, emotional and mental activities engaged in to satisfy needs.


The importance of understanding the behavior of your customers cannot be over=emphasized. Without an adequate understanding of a customer behavior, businesses will not be able to build profitable relationships with customers.

For instance, making accurate predictions about consumers’ preferences, coming up with effective after-sales policies and initiating other sales boosting strategies will be very difficult.


Having realized the importance of understanding consumer buying behavior, is there a process to gain this understanding? Yes, there is a process. It is called consumer decision process.


What is the consumer decision process?


The consumer decision process is identification of stages a customer passes through to choose a product or service; an item of purchase. What are these stages? They are:

The identification of an urgent need,
2. The search for information on available product or service which can satisfy the urgent need identified,

3. The evaluation of alternatives: this involves the consideration of substitutes, the research about quality superiority, prices and the relative ease of accessibility,

4. The decision and the purchase of the chosen product or service and,

5. The post-purchase assessment of purchase: at this stage, the following questions are asked: did the purchase satisfy the identified need? If it did, what was the level of satisfaction?


https://ayietim.com/2021/08/28/what-is-consumer-buying-behavior/

No it is not. It’s like cutting the nose to spite the face. Self harm is not going to hurt family and friends but you.

Depression is a feeling of serious low spirits and self doubt that come from believing that all hope is lost. Hating yourself, indulging in negative thinking and causing harm to self in other forms are going to make the feeling worse instead of going away.

Difficult feelings, excruciating experience and painful memories are part of life. They exist to teach us lessons which we wouldn’t be better and wiser human beings without them. When tough times give us options between a negative lifestyle and a positive lifestyle, choose the latter.

Choosing to live positively is the best way to manage depression. A positive lifestyle inspires the hope that while tough times are here, they are fleeting and will eventually give way to a better tomorrow. So when you think you are depressed, learn all you can to be certain that it’s depression. If it is, the following offer a pathway out of it:

Seek the support of true friends.
Share your feelings with true friends. A problem shared is a problem half solved. Sharing a problem lightens the weight because the consciousness that you have someone else trying to find a solution to a personal problem is assuring. The assurance is sufficient to give a modicum of hope to what was deemed as a hopeless situation.

So it pays to socialize more at the infancy stage of depression.

2. Healthy eating.

When you are depressed, indulge in healthy eating. Efforts to escape from the clutches of painful memories are made easier when you have good meals to look forward. Such thoughts should help you minimize the time spent relieving painful memories that sink the mind further into depression.

The time of depression is not the best time to sit at the dining table and pick at your food while dwelling on what you have no control over. Consider this, can you undo a past that is gone and lost or stop a future that must come? You can’t, but you can make the best of today. If you could make the best of today then you would banish from your mind, painful memories and worries.

3. Get enough sleep.

Don’t stay up at night worrying. Rather invest those night time in hours of sleep sufficient to rest and prepare the mind for a productive day. Hours of sleep lost are never recovered. And those lost hours do more harm to the brain and body by causing stress and fatigue.

Depression is a problem that is solved by a healthy mind. A healthy body houses a healthy mind.

4. Learn to focus on positive thinking.

Depression is the product of a mind that dwells on negative thinking. Getting out of it, is taking the mind in the opposite direction. Understand that in life, everything that has a beginning must surely come to an end. Tough times don’t last; those who outlive tough times have the last laugh. And they are people like you and I.

How do you cultivate the habit of positive thinking? Read books and listen to audios that tell stories about survivors of difficult situations and conditions and how they did it. Draw hope from such stories and have the belief that you’re going to come out of yours a winner.

5. Learn better ways to approach life’s challenges.

Life without challenges is a life that is not offering you opportunities to explore and reach greatness. Each solution you find to one problem adds a layer of invaluable knowledge and wisdom to your life. These priceless life transforming lessons can’t be learnt in any other way except through experience.

These lessons arm you with the tools you need to avoid future pitfalls, recognize opportunities buried within challenges and help others to cross hurdles in life. So, when you face challenges, accept them for what they are and also accept the fact that you alone are responsible for surmounting them. This is the first step towards overcoming life’s challenges.


https://ayietim.com/2021/08/27/is-self-harm-a-good-depression-management-technique/

Photo by Pixabay on Pexels.com
Money is the major cause of problems in a family. The fear of not always having enough money to pay bills is the reason why families make money a big issue. A family budget can take of the fear.

What is a family budget?

A family budget is a quantitative expression of plan showing a family’s income and how that income is spent on items of expenditure. A family budget, usually for a defined period of time shows a relationship of income to spending on a family’s physiological, safety, love, esteem and self-actualization needs. In many families, spendings are limited to the satisfaction of physiological and safety needs.

However, according to “Engel’s law”, developed by Ernst Engel from a study of how 153 families spent their money, the proportion of a consumer’s budget spent on food (a physiological need) tends to decline as his income increases.

Should a family go for a fixed or flexible?

A flexible family budget designed to align the allowable expense levels to corresponding changes to actual needs should be used. This could be achieved by dividing costs into fixed and variable elements for flexible adjustments.

A flexible family budget makes control easy by comparing expected costs to actual expenditures incurred to fill actual needs.

An effective flexible family budget is the one that serves needs of all family members satisfactorily. This is achieved by ensuring that the budgetary process recognizes the following subjective elements:

Clearly defined goals:
Goals of all family members should be clearly defined and understood by everyone involved, right from the beginning. These goals and aspirations should be agreed to by all involved and accepted by all. The consensus makes it possible for all family members to have the same level of motivation to work for the actualization of the family budget.

2. A flexible family budget with clearly defined goals should produce goal congruence:

Goal congruence which is an offshoot of the acceptance of personal goals of all by all, removes the imposition of one’s will on others. With imposition of authority from above out of the way, everyone takes responsibility for the success of the budget. In other words, goal congruency makes it possible to have an effective family budget.

3. Active participation by all:

Active participation by all makes acceptance by all more achievable. So it pays to get everyone to be a part of the budgetary process. Active participation enhances the control process because all involved willingly work towards finding solutions when problems arise.

Everyone is genuinely involved in the problem solving process because they realize that the failure of the family budget may likely put an end to personal goals.

4. Motivation:

Active participation by all in drawing up a flexible family budget is a result of motivation. And motivation is key to the success of the budget as all need to be motivated to be a part of the performance evaluation.

Motivated family members try to stay in line with budgetary limits so as to reap the reward of achieving their personal goals tied to the flexible family budget.

5. Communication (Periodic reviews):

An effective communication system is necessary, if the family budget must be achieved. It is important for all family members to regularly review the performance of the budget and finds out how each member maintains acceptable level of financial discipline.

Frequent feedback improves the information system put in place to guarantee the success of a family budget. Problems are quickly identified and fixed and words of encouragement are given where appropriate.

An example of a flexible family budget:


https://ayietim.com/2021/08/25/the-best-family-budget-meaning-and-worksheet/

Most of the times when you read, it is to acquire knowledge. You read to know what you didn’t know before, retain it easily in your memory and easily recall it when you really need it.

Sometimes your memory may let you down when you need it most. A combination of factors are responsible for your inability to remember ideas you thought you had them securely stored in your memory.

1. Maybe you are yet to realize the approach that works for you. Find out; do you easily retain and recall pictoral representations or infographics? If this is true, then summarize every idea you wish to remember as infographics. Could you build your own models out of those lengthy wordy articles? Then do so. This approach should improve your ability to read, retain and recall what has been read. It should also make reading fun,

2. Which period of the day suits you and makes reading exciting. Are you freshest or at your concentration best in the morning, few hours after waking up or few hours before retiring to bed? Find out and maximize every second of the period when you are at your optimum,

3. Get distractions out of the way. Many people read and retain better in a quiet environment. Although few people have the rare capacity to concentrate on their reading in a noisy environment. Start first by doing your reading activities in a quiet environment until it becomes a habit,

4. You don’t feel like reading? Then don’t force it,

5. Share newly acquired ideas. Put them into practice. Each time you share an idea, you boost your ability to understand it better, retain it better and recall it faster.

***


https://ayietim.com/2017/03/26/read-retain-remeber/

What is pricing?


Pricing can be defined as the monetary value or equivalent of a good or service.
Bernhart (1990) defined price as the value that one puts on the utility that one pays for goods and services.


https://ayietim.com/2021/08/24/a-course-on-marketing-pricing-strategies-introduction/

Utility received can be any of the four; place, time, form and possession.
Price can be formally defined as the amount of money neede to acquire a given quantity of goods and services.


What are Pricing objectives;


These are;

To ensure a fair profit (ROI)
To enhance sales and increase market for the firm’s product.
Competitive reason: price is regarded as a major tool used in competition for firms to compete favorably, they must be able to adjust to prices to always achieve the organizational objective at a given time.
Maximum cash flow: to recover invested cash as much as possible.
What are the methods of price setting?
Cost-oriented pricing;


Mark-up pricing: In this method, a pre-determined percentage (mark-up) is added to cost of the product. Example. Cost- #4,000, mark-up= 10%m price = #4,400.


Target return pricing; Pricing is done to achieve pre-determined rate of return on investment capital.


It is calculated based on a standard volume;
Pr = DVC + F/X + Rk/X


Where;
Pr = selling price,
F = fixed price,
DVC = Direct unit Variable Cost
X = Standard unit-volume,
R = Profit rate desired,
K = Capital (total operating asets) employed.


Let us do an illustration of target return pricing with the following data;


Unit material cost = #20
Unit labor cost = #10
DVC = #30

Target rate of return , R. = 20%
Capital employed, K = #2 million
Fixed cost = #600,000
Standard unit volume = 50,000

Pr = 30 + #600,000/50,000 + 20$ of 2,000,000/50,000
= #30 + #12 + #8


Pr = #50.


If 50,000 units of a product are sold at #50 per unit, the rate of 20% on invested funds is assured.


Break-even analysis pricing;

This determines the number of units required to generate the Naira sales to equal the Total fixed and variable costs at a specific price. At the BEP, there is neither profit nor loss.


BEP = Fixed costs/Sales revenue – variable cost.


Competition-oriented pricing;

An example of this is price leadership. Price leadership is a situation that exists where the dominant company within an industry influences the price charge by other companies. The other companies follow the price set by the leader.

Demand-oriented pricing.

There are two examples of this. The first is,

Perceived value pricing.

This sis a method which prices are set by companies using the perception of consumers; value of their products. The consumer places a value on the product based on the intensity of promotion, the nature of sales outlet and the packaging.


The second is Price Quality Relationship Strategy; This pricing concept holds that buyers associate high quality with high price and low quality with low price. Companies with high quality products will price high and vice versa.


PRICING STRATEGIES;


Pricing strategies are:


Skimming pricing strategy; This strategy uses a high price to introduce a new product. It aims at the cream class to create a batter image for the product and fast recovery of developmental investment.

Customers appropriate for skimming pricing strategy are;

You’re the master of your fate,
You’re the driver of your life,
no one can control you except you let them,
no one will place their life on hold to help you live your life.”


7 Timeless William Ernest Henley Quotes:

In the fell clutch of circumstance, I have not winced nor cried aloud: Under the bludgeoning of chance my head is bloody, but unbowed.
2. It is the artist’s function not to copy but to synthesise: to eliminate from that gross confusion of actuality which is his raw material whatever is accidental, idle, irrelevant, and select for perpetuation that only which is appropriate and immortal.

3. It matters not how strait the gate, How charged with punishments the scroll; I am the master of my fate: I am the captain of my soul.

4. Now, to read poetry at all is to have an ideal anthology of one’s own, and in that possession to be incapable of content with the anthologies of all the world besides.

5. This is the merit and distinction of art: to be more real than reality, to be not nature but nature’s essence.

6. There are two men in Tolstoy. He is a mystic and he is also a realist. He is addicted to the practice of a pietism that for all its sincerity is nothing if not vague and sentimental; and he is the most acute and dispassionate of observers, the most profound and earnest student of character and emotion.

7. Shakespeare often writes so ill that you hesitate to believe he could ever write supremely well; or, if this way of putting it seem indecorous and abominable, he very often writes so well that you are loth to believe he could ever have written thus extremely ill.

P. S;

Invictus by William Ernest Henley:


Out of the night that covers me,
Black as the pit from pole to pole,
I thank whatever gods may be
For my unconquerable soul.

In the fell clutch of circumstance
I have not winced nor cried aloud.
Under the bludgeonings of chance
My head is bloody, but unbowed.

Beyond this place of wrath and tears
Looms but the Horror of the shade,
And yet the menace of the years
Finds and shall find me unafraid.

It matters not how strait the gate,
How charged with punishments the scroll,
I am the master of my fate,
I am the captain of my soul.

https://ayietim.com/2021/08/23/i-am-the-master-of-my-fate-invictus-7-timeless-william-ernest-henley-quotes/

“As children, we all learned that classic schoolyard comeback: “Sticks and stones can break my bones, but words can never hurt me.”

I know as
a child, I struggled to
believe this, even while I used it to fight back against plenty of insults and put-downs.

Words caused me real pain, even if I wouldn’t admit it.
But a recent MIT study
revealed something
interesting.

The study said that if someone tells us that we can’t do something, – somebody else has to come along and say “you can do it, you can do it,” 17 times to neutralize that 1 time.

So words do damage us in a very real way. They may not literally break our bones, but they do something even worse: they can break our hearts and our spirit.
That negative reinforcement doesn’t just cause pain in the moment. It eventually kills our dreams if we let it.

I almost let it happen to me. When I was very little, my brother and I got taken in by a good woman I think of as my real mother. She tried her hardest, but we often went to bed hungry.

I fell behind in school.
Pretty soon I earned the label “educable mentally retarded.”

It’s not hard to imagine what hearing those words over and over did to a little kid’s self-image.
It wasn’t till one of my
teachers told me not to let someone else’s opinion define me that I realized: I’d been letting words destroy my spirit and my future. From that day, I stopped listening to negative words.

So many of us, when we share our dreams or goals with a “friend” or family member, they tell us that we can’t do it.

– Sometimes they mean well, and want to protect us.
– Sometimes they’re
jealous of our dreams.
– Sometimes they’re afraid we’ll get too successful and they’ll “lose” us. Whatever the reason, the effect is the same.

I’d argue that negative words like these are the primary reason 99% of people never get the wealth they wish to achieve in life. They never built that business because they never got the positive reinforcement they
needed to actually believe they could do it. Without that belief, success is impossible.”- Les Brown


https://ayietim.com/2017/04/05/can-words-actually-break-our-bones-les-brown/

Robisky001:
After doing all the aforementioned and your partner still, ended up cheating on you what will now happen @ OP?

You have done your part. That should be your consolation and the fact that, the imperfections of humans make up the single reasons we hurt ourselves, should cause you to let love lead.

Letting love lead means you shouldn't hurt yourself for someone else to move on. It means seeking personal happiness by immersing yourself in the things you love.

And if one of those things is who you love and the 'who you Love' loves you back unconditionally, then immerse yourself there also.

Bottom line, enjoy everyday you have, you only have one life.

So true.

Direct marketing has come of age as a result of the presence of social media leading to micromarketing. Micromarketing was a term coined in 1988, by Ross Nelson Kay, as a marketing technique used to describe a form of target marketing that was more precise and focused than typical niche marketing technique.

Micromarketing became functionally viable with the proliferation of affordable computer and mobile devices capable of stabilizing data in a format that could be tracked and altered by a single user. Micromarketing remains the most effective technique for small business users to sustain, build and grow their own brands (Peterson & Rogers, 2007).

Micromarketing was first implemented in the real estate industry and remains imbedded in small personal service base businesses (whitehead, 1988).

According to Wikipedia articles, Micromarketing was first referred to in United Kingdom Marketing Press in November 1988 in respect of the application of geodemographics to customer marketing (Whitehead, 1988).

The subject of micromarketing was further developed with emphasis and understanding market at the local levels and personalization of messages to individual customers (Whitehead, 1990).

Micromarketing is the practice of tailoring products/ services and marketing programmes to the needs and wants of specific individual and local customer groups– including local marketing and individual marketing (Kotler & Armstrong, 2010).

Micromarketing concept has gradually over the years taken a new dimension, especially in the 21st century. Verdino (2010) opined that micromarketing is a back-to basic approach to engaging people and sharing stories more effectively in a world that is decidedly different than it was 50 years ago. He further said that micromarketing for the new age (21st century), was a series of approaches infused to their core with a social media sensibility,


Powered by social computing technologies, and optimized to allow business of all sizes and types to satisfy individual customer. Unlike before when micromarketing was the most effective technique for small business users to sustain, build and grow their own brands.

Through micromarketing businesses are now entering the mass customized world and marketers are rushing out to develop or enhance databases to make one-to one marketing a reality (Rogers & Peppers, 2000). It is a strategy that composes database, direct and relationship marketing. Micromarketing entails creating superior value by customizing products and service offerings to customers individually.

The paper intends to empirically reveal the true nature of micromarketing in achieving customer satisfaction in the 21st Century by all firms whether big or small.


https://ayietim.com/2021/08/20/customer-satisfaction-and-social-media-driven-micromarketing-an-empirical-evidence/

At the age of 25, research suggests, a woman should be thinking about a long lasting relationship. For a man, 28 years is often the time to start thinking about making a long term commitment to a relationship.


But in a fast moving world, while most women are still willing to settle down,fewer and fewer men are willing to go into a relationship for the long haul.


The reason is tied to the belief that happiness in life is found in having successful careers and not in enjoying great spousal relationships. False!


Happiness is the evidence of an all rounded life that rests upon the fulcrum of a successful long lasting relationship.


If you don’t believe this now, you may have regrets later when you realize at old age that a great life was frittered away without a long lasting relationship.


Building a long lasting relationship is possible. If you have made up your mind to do it then consider taking the following steps.

Fall in Love with a human being,
Human beings should go into relationships founded on love and nothing else.
Human beings are not perfect and no relationship will ever make human beings perfect.
And they shouldn’t bother about perfection because when it’s all about love, nothing else will matter and achieving a long lasting relationship will be possible when love is the leader.You

Recognizing the imperfections of your spouse will be a frequent reminder to forgive and forget misdeeds.


Each act of forgiveness without the harboring of grudges will create an atmosphere to love in more better ways.

2. Stay in love with a human being.


From the above, recognizing that there is no long lasting relationship without love gives the ability to forgive and forget.

And does more, it should give you the capacity to stay in love with a human being who will offend you sometimes and make you laugh at other times.


Yes, a relationship is a potpourri of bitterness and sweetness.

But you know what? The longer it lasts, the more the bitterness space shrinks. A time will eventually arrive when two shall become great friends who can do one another no harm.

3.Forgive easily.


Don’t insist on being apologized to before you forgive. Or don’t wait until punishment served in the form of avoidance or withdrawal bexomes unbearable for your spouse, before you forgive and pull closer. Forgive easily and move on quickly.


What quick forgiveness entails is clothing oneself with a permanent aura of reconciliation and humility.


Be humble to take the first step towards reconciliation. There is no room for pride in a relationship, it is just the two of you; with nothing to prove to any one.

If your partner has an issue of pride at the beginning, wouldn’t the lesson on the rewards of humility be better taught through actions? It’s possible. Love always wins.


Bitterness quickly weeded out leaves the space for love to thrive and for the relationship to last.

4. Share dreams.


Being in a relationship doesn’t sound the death nail on individual dreams. What great relationships do for all parties is to improve conditions for the realization of individual dreams. It makes the “two good heads are better than one” a reality.


So, if you want a long lasting relationship then you should support your partner’s dreams in all ways you could.


Help them overcome the fears and the doubts they may have on their way to realizing their dreams.

Go the extra mile to learn and share approaches they could adopt to realize their dreams faster. But don’t suspend your dream.


Share your dream with your partner too.

Share your struggles and prospects with them. Seek their input but don’t get angry or withdraw your support when they seem slow in showing any interest in your own project.
Some will not give support until the see the first sign of success.


If it could be done, coalesce your dream and your partner’s dream into one that both of you could work on. Spouses who work together with same objectives and goals in constant view tend to enjoy a long lasting relationship.

5. Share responsibilities and duties.


Responsibilities and duties shouldn’t have no go areas. However, responsibilities and duties should be defined but with a fluidity that allows one to step up and stand in for the other without any complaints.


Doing the dishes, the laundry, paying some specified bills and others shouldn’t be left undone or unpaid because the one meant to do can’t when it’s supposed to be done.


Love makes it easy for one to take over and help a friend out. These understanding and camaderie are what make partners find one another dependable and irreplaceable.


The dependability and irreplaceability are what make a long lasting relationship

6. Share long, frank, fun-filled and frequent talk time.


A long lasting relationship is molded and solidified through a consistent frank, heart to heart and fun filled talk time.


A time to talk is the best time to learn more about one another. You do know that learning is a continuous process, don’t you?


If you want to know your partner better, there is no better place to put the concept of continuous learning to use than in a relationship. Secrets from the past and weaknesses are revealed during periods of a frank heart to heart talk.


Such Revelations are just what you need to know in order to understand your partner better.
You learn and keep learning from every talk time, best ways to make your relationship a long lasting one.

7. Keep no secrets.


As mentioned above, if you want to enjoy a long lasting relationship then keep no secrets.


Use the time for the heart to heart talk to open up and share those long bottled up secrets. Every one has made a mistake before and there is no one who hasn’t erred.


Every adult, up to the age of desiring a long lasting relationship should accept human imperfections and shouldn’t hold the past against any one.


Since a relationship is meant for adults, secrets should be shared. It is better to reveal such secrets than for those secrets to be discovered later by your partner.


The discovery may have the potential to erode trust and put an end to what would have been a long lasting relationship.

8. Be honest. Don’t pretend,


Honesty is key to building a long lasting relationship. Except there is a need to protect your spouse against an emotional trauma, it pays to let your partner know how you feel at all times.

Show you are angry when you have to and thereafter, show that you have moved on..
Be human, don’t pretend to be who you are not. When you wear a mask, you are likely to be taken for who you are truly not




https://ayietim.com/2021/08/21/14-steps-to-a-long-lasting-relationship/

A stranger was walking through a construction site where dozens of men were busy at work. The sun was unbearably hot. Not a cloud in the sky. The workers were complaining about everything – the heat, the lousy tools, the other workers, everything!

Each time the stranger walked past a sweaty worker, he’d ask,“What are you doing?”

Each worker would scowl and angrily reply, “What does it look like I’m doing? I’m laying bricks. Leave me alone!”

But one man stood out from the rest. Although he was soaked in sweat and filthy from the dust and mortar, he was humming a tune, and the stranger could swear the man was smiling.

“All of these men are miserable except you,” commented the stranger.  “You’re all slaving away under the same hot sun, doing the same hard work. Yet you’re smiling while you’re laying bricks and they’re angry and swearing. Why?”

The smiling worker turned to him, mopped his brow and replied in a strong, proud voice:

“I’m smiling because I’m not just laying bricks. I’m building a Cathedral.”

.https://ayietim.com/2020/08/30/what-are-you-building/

A stranger was walking through a construction site where dozens of men were busy at work. The sun was unbearably hot. Not a cloud in the sky. The workers were complaining about everything – the heat, the lousy tools, the other workers, everything!

Each time the stranger walked past a sweaty worker, he’d ask,“What are you doing?”

Each worker would scowl and angrily reply, “What does it look like I’m doing? I’m laying bricks. Leave me alone!”

But one man stood out from the rest. Although he was soaked in sweat and filthy from the dust and mortar, he was humming a tune, and the stranger could swear the man was smiling.

“All of these men are miserable except you,” commented the stranger.  “You’re all slaving away under the same hot sun, doing the same hard work. Yet you’re smiling while you’re laying bricks and they’re angry and swearing. Why?”

The smiling worker turned to him, mopped his brow and replied in a strong, proud voice:

“I’m smiling because I’m not just laying bricks. I’m building a Cathedral.”

.https://ayietim.com/2020/08/30/what-are-you-building/

Can A Self Employed Earn A Good Retirement Income From Passive Income Ideas?

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/

A man needs someone who will always be there with him on the journey of life.


A woman needs someone who will always protect her from everything that could disturb her peace of mind.


Both men and women need a relationship where they will find support, protection and have peace of mind. These are the expectations we have when we go into a relationship.


At the beginning of the relationship, we have no way of finding out if our expectations would be met. So, we give our best then wait and hope that this time, we would find the things we need to fill the void in life.

But recently in human history, so many people have had to go through life and be in many relationships, without filling the emptiness in their lives.

This reality has made both victims and witnesses to say, “Love doesn’t exist’”


May be it’s true that love doesn’t exist. With so many self-centered people doing everything to undermine others in a mad race to satisfy self first, it’s hard to believe that love still exists. Many carry over this self-centeredness into relationships and asked to be loved but never ready to return love.

For them, it’s all about them first, them always and no one else. Is it possible to spot these people from afar?


In many circumstances, it’s impossible to know the wolf in sheep clothing. It’s when they have become a part of one’s life that one gets to know, ‘This is not the real deal.”

Unfortunately for many, when they find out that they have been dinning with the devil, they refuse to park up and run. Why?


They are afraid of what those who gave subtle warnings against the relationship are going to say. So they stay there, put up with all the abuses and refuse to get away to seek peace of mind.


What they forget is that a friend who cared enough to speak the truth when it really mattered would always be available to offer strong shoulders for a friend in need to lean on.

For some, they rather tolerate the worst form of companionship than be alone. The fear of living alone overwhelms the daily nightmare of living in hell.

But isn’t it better to be alone than be a sheep that hunts with the jackals? I think it’s safe and wise to be alone, sort out your emotions and wait for the right one to come along.


The right one will eventually come along. It’s a matter of time, a matter of keeping the door to your heart open and it’s a matter of optimism. No matter how long the night endures, daylight will eventually come.

https://ayietim.com/2021/08/19/you-always-have-a-choice-relationship/

More words to give you hope for a great love that is coming your way.

In the same way that there’s a partner for every person, there’s a place. All you have to do is find your own among the billions that belong to other people, you have to be awake, you have to choose.” – Bodil Malmsten.

The same way there’s love for everyone,

there’s a home,

no matter the lies you’ve been told,

you will in some way find the flesh of your flesh and the bone of your bone;

so be awake, for there’s a partner among the billions for you to choose

and live happily together in a beautiful place, you can finally call “home.”


https://ayietim.com/2021/08/19/bodil-malmsten-theres-a-partner-for-every-person-theres-a-place/

Photo by Pexels
There is no future without risk and uncertainty. An investment is made to guarantee future positive returns and protect such returns against a decline or a loss.

It is therefore important to carry out some form of appraisal of the risk and uncertainty associated with an investment or a project.
Relying on a single Net Present Value (NPV) can be very misleading because other key factors (sales price, labor cost, material cost, sales volume and others) are also subject to uncertainty. This calls for a more reliable approach.


One of the alternative approaches used to assess risk and uncertainty in a project/investment is expected value. Expected value is the average value of an event that has many possible outcomes. It simplifies the evaluation of the effects of uncertainty.

Expected value generates information that incorporates uncertainties by combining key factors (variables) and their probabilities (likelihoods). It is this combination that makes the expected value to be better than sensitivity analysis.


For some projects where several alternatives with several outcomes are considered, the rule is to choose the alternative with the highest expected value.


How is expected value or average calculated?
It is calculated by multiplying the value of each outcome by its probability. The probability or likelihood is based on the judgment.


An example;


Expected values in project appraisal.

the outcomes of Project X are; the probability of $10,000 NPV is 30% and the probability of $12,000 is 55% NPV,
the outcomes of Project Y are ; the probabilities of $3,000, $9,000 and $10,000 NPVs are 30%, 50% and 55% respectively and,
the outcomes of Project Z are: the probabilities of $2,000, $3,500, $4,500 and $6,000 NPVs are 10%, 20%, 25% and 40% respectively.
The project with the highest expected value should be chosen.

Calculation of the expected NPV:

Project X:

(0.3 x 10,000) + (0.55 x 12,000) = $9,600

1
2
Project Y:
(0.3 x 3,000) + (0.5 x 9,000) + (0.55 x 10,000) = $10,900
Project Z
(0.1 X 2,000) + ( 0.2 X 3,500) + (0.25 X 4,500) + (0.4 X 6,000) = $4,425

Project Y has the highest NPV.

Notes:

What is Net Present Value (NPV)?...

https://ayietim.com/2021/08/18/expected-value-meaning-example-and-solution-investment-appraisal/

The market values of monetary assets are likely to change during periods of inflation. Changes in monetary assets such as cash, trade debtors and trade creditors will affect operating activities of a business.

To avoid a disruption of normal operating business activities, such changes must be indicated in appropriate accounts.


Working capital, which is that part of capital needed to maintain the day to day operation of business is usually affected in inflationary periods. So when there are changes in monetary assets, monetary working capital adjustment becomes necessary.


What is monetary working capital adjustment?


Monetary Working Capital Adjustment (MWCA) is the necessary variation (increase or decrease) made to finance to supply a sufficient level of monetary working capital due to changes in prices.

MWCA is not about a change in the volume of working capital, it is an adjustment that shows the amount of additional finance required to maintain the same level of working capital.


Note that working capital also known as net working capital (NWC), is the excess of current assets over current liabilities.

It’s positive when current assets are more than current liabilities but negative when current liabilities are more than current assets.


Negative working capital is okay for a business operating in the fast moving consumer goods (FMCG) industry, where customers pay cash. The business depends on cash paid upfront by customers to finance operations rather than obtain bank loans.


However, for other businesses where credit sales are necessary for survival, maintaining a negative working capital structure is bad; there is going to be insufficient cash to meet all necessary short term liabilities. This is why monetary working capital adjustment is very important.


How is monetary working capital adjustment calculated?


Cash is usually excluded from the calculation. The reason is, the amount of cash held by a business may have no relations to its operations.

Most businesses use cash for the acquisition of permanent fixed assets. Instead of cash, bank (cash balances) is included in the monetary working capital adjustment.

An example:


Let us use the following information to determine monetary working capital adjustment:

march 31, 2019 ($) march 31,2020 ($)
A Sundry debtors 7,500 10,300
B Sundry creditors 5,200 9,000
C Monetary working capital (C = A – B) 2,300 1,300
Relevant indices
D March 31, 2019 150
E March 31, 2020 170
F Average for the year:F =(D + E)/2 160
MWCA
Note: indices for creditors and debtors should indicate changes in cost of purchases and cost of sales respectively.


From the table above, the monetary working capital as at march 31, 2019 (historical costs) is $2,300. At average values for the year, it is:

$2,300 x 160/150 = $2,453

From the table, the monetary working capital as at march 31, 2020 (historical costs) is $1,300. At average values for the year, it is:

$1,300 x 160/170 = $1,224.

A look at the historical cost accounts shows that the monetary working capital decreased by $1,000 ($2,300 – $1,300).

But at average values for the year, the monetary working capital decreased over the year by $1,229 ($2,453 – $1,224).

Therefore,

MWCA = $229 – The difference between the changes under the historic and current costs ($1,229 – $1,000).

https://ayietim.com/2021/08/16/what-is-monetary-working-capital-adjustment-mwca/

The harder I work, the luckier I get.” – Samuel Goldwyn.

If you hadn’t learnt and mastered a success strategy, you could get lucky once and no more.

Staying lucky is a product of adopting a success strategy that gets you working hard every day.

At the beginning, your hard work may be slow to yield a commensurate dividend. But it will definitely pay off if you don’t stop to plow ahead..

As you continue to plow ahead, presently you come to the point where luck smiles on you. And rewards you for braving the odds to get there.


https://ayietim.com/2021/06/30/how-to-get-lucky/

It’s the fear of failure.

“Failure is so important. We speak about success all the time. It is the ability to resist failure or use failure that often leads to greater success. I’ve met people who don’t want to try for fear of failing. – J.K Dowling.

It’s true. A lot of people give up living their dream for fear of failing.

They choose the easy path where challenges are absent and theh only change available is the status quo.

But few years down the easy road, the reality of life sets in; a dream not lived is a daily nightmare. And of course, they realize too, change is inevitable in life.

At the stage of this awareness, it’s often too late to start all over again. Face your fear today!

https://ayietim.com/2021/06/26/what-is-the-greatest-fear-in-the-world-j-k-rowling-says/