Business › Re: Why You Must Be Serious This Year By Strive Masiyiwa by BLWeb(op): 2:46pm On Jan 19, 2016 |
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Business › Re: Why You Must Be Serious This Year By Strive Masiyiwa by BLWeb(op): 1:26pm On Jan 19, 2016 |
dominique: I follow him on Facebook, his posts are quite inspiring and motivational. I especially love the ROAR series where he focused on ground-breaking women entrepreneurs accross the continent. And he even pays Facebook to sponsor his bits of wisdom. If i was ever looking for a billionaire mentor that can relate with me one on one, then i've found one. Happy to know you follow him too. |
Business › Re: Why You Must Be Serious This Year By Strive Masiyiwa by BLWeb(op): 8:31am On Jan 19, 2016 |
@Mynd44 can you push it to the front page? many people will benefit from this piece of advice  |
Business › Why You Must Be Serious This Year By Strive Masiyiwa by BLWeb(op): 8:23am On Jan 19, 2016 |
I was about crafting a piece on a subject similar to below when i found Strive's post. Read and have wisdom For those who dont know Strive Masiyiwa - He is the CEO of Econet, and one of the Richest Men in Africa. Series: The eagle in a storm (Part 1 - Intro).
The new year opened with turmoil in the Chinese stock markets as prices fell dramatically, leading to a global selloff. In just one week, global stock markets lost over $2 trillion US dollars! Other news in the global markets saw the price of a barrel of crude oil fall below $35 per barrel, down from a high of $62 per barrel less than 12 months ago. That’s down 50% in 12 months and 71% in 24 months!
Since the beginning of last year, 2015, the price of copper has fallen by 30%; iron ore is down by 42%; platinum has also been a disaster, losing more than half its value from less than three years ago. Agricultural commodities have not fared much better on global markets. Last week the South African rand hit an all-time low of 16:1 against the United States dollar and it’s still falling!
Your small business in Harare, Lagos or Nairobi may not have anything to do with China, or with any commodity like oil, iron ore, or platinum, so you might be asking yourself, “What’s that got to do with me?” Answer: EVERYTHING! It has everything to do with you, and its impact is going to be very personal... Brace yourself, there’s a storm on its way!
You might even be sitting at your desk as a civil servant, or supervising children at school as a teacher, or upholding the law as a policeman; or maybe you’re a pensioner, and you’re also saying to yourself, "I'm not in business; I don't know anything about these things, so what’s it got to do with me?” Answer: EVERYTHING! It has everything to do with you, and its impact is going to be very personal... Brace yourself, there’s a storm on its way!
You look at the sky and see rolling black clouds. The wind is picking up and you say to yourself, “A big storm is on the way.” Even though rain isn’t yet falling, you know the signs of a heavy rain storm and that you must button things down and secure yourself properly. Or maybe you’re one of millions on the continent today suffering another rainless sky, for months on end, putting your fields, crops, livestock, perhaps your whole life at risk...
These are "signs" in weather conditions. Those who are experienced in such things can usually say with a degree of certainty that a storm is coming. However, if you do not understand these matters, or you blissfully decide to ignore them, you’ll suffer a serious drenching or worse.
In business economics we also have signs, and we're seeing these warning signs right now. They're not any different from the black clouds and the wind, or the clear sky and the drought. They're all linked. The stock markets of China and New York may seem far away, and global commodity prices and exchange rates may seem irrelevant to your village, but they’re linked to the real economy in which you live and work!
The next 12 months or more will be very tough, particularly in emerging markets. Many African countries will find it hard going. Consequently, it will be tough for citizens, especially those who are most vulnerable. The weaker your country's economy going into the storm, the tougher it will be. Similarly, the weaker your company or employer, the tougher it will be...
__There is a storm coming.
Now let me tell you about the flight of the eagle. Prophets and Kings of the bible world absolutely loved watching this majestic bird. They believed the eagle is the only bird that flies during a storm. It's developed a flying technique (a skill) they call "mounting" the wind (as though it were climbing a stairway). The eagle has so mastered the storm that it not only flies during storms, but can find opportunities to prosper; it can actually use the storm to its advantage.
Even in these storms, those with the correct mindset will prepare themselves. They will train themselves to understand the times, and learn to prosper in its headwinds… they will mount on wings as eagles!
Yes, it’s going to be very tough, and for some of you, tougher than anything you could have imagined, but you must not be discouraged or wearied. And when you come through it, you will be much better at what you do. Just don't be afraid, and don't panic. In this series I will remind you of some of the things you must do to prosper like the eagle.
This year we must be serious, very serious. Africa expects it of us.
To be continued. . .
https://web.facebook.com/permalink.php?story_fbid=969941536413675&id=496453373762496&substory_index=0 [img] http://iharare.co.zw/wp-content/uploads/2014/12/Strive-masiwa.jpg[/img] |
Business › Re: Nigeria’s Oil Fields Face Shutdown Amid Price Slump by BLWeb: 7:41am On Jan 19, 2016 |
ShowYourCertificate: Yes. It also means our clueless Buhari should stop wasting our money searching for crude oil in Lake Chad. This is the time Buhari needs to sharpen his economics skills. Maybe he can enroll for O'Level Economics in this oncoming WASSCE  Stop placing all the woes on Buhari like the keys of the economy is in his hands. We all have a role to play, lets start from ourselves. |
Business › Re: Nigeria’s Oil Fields Face Shutdown Amid Price Slump by BLWeb: 7:37am On Jan 19, 2016 |
bezimo: Time for Buhari to remove his eyes from oil in the ND and diversify the economy urgently or encourage true fiscal federalism. I agree with you but doing this is going to be in the long term. What i suggest the FG does quickly is to build human resource capacities. Invest heavily in building small businesses and give out loans with zero interest and grants for small businesses to start local production and manufacturing what we need, and also the FG should declare an emergency on agriculture, encourage the youths to go into farming, the positive effect will be a cushion to battle austerity in the long term. What will work faster is encouraging youths who are starting out as entrepreneurs and give them room to shine, in turn they will train others and the circle keeps on going till the only word we hear is small businesses and entrepreneurship. |
Business › 7 Unorthodox Rituals Of Outstanding Leaders by BLWeb(op): 5:28pm On Jan 18, 2016 |
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Business › Please Share Your Experiences As An Entrepreneur. by BLWeb(op): 9:22pm On Jan 17, 2016 |
We know it is not easy to be an entrepreneur but it is the best situation to be in in this present situation in the country. With all the challenges, please can you share what you have been going through in your entrepreneurial journey and any advice to share for new startups? |
Politics › Re: Buhari Orders Nigeria Customs To Distribute Seized Items To Displaced Persons by BLWeb: 9:02pm On Jan 17, 2016 |
politricks: This is a good development that will reduce the hardships in the various IDPs instead of letting the material to waste or be shared among corrupt government officials as was the case before. But you do understand the complexity of Nigeria and its corruption. Do you really think everything will go to the IDP's or some officials would corner most and sell them off? |
Crime › Re: 16 Astonishing Photos Of Evil People Taken When They Were Kids by BLWeb: 3:46pm On Jan 15, 2016 |
You see very innocent baby faces, you will never know what evil they become. |
Politics › Re: Is Social Media A Blessing Or A Curse To Nigeria? by BLWeb(op): 7:53pm On Jan 14, 2016 |
talktimi: Stupið question, if its a curse to then stop using social media I don't know why you are angered. My question is not directed to any individual, i only need intelligent arguements |
Business › Why Is The Whole World Dependent On The Dollar? by BLWeb(op): 7:36pm On Jan 14, 2016 |
I need to know and i know many others would like to know too why are other countries currency fluctuation compared to the strength of the dollar?
please can someone explain?
cc: lalasticalala |
Foreign Affairs › Re: Breaking News: Blasts In Jakarta by BLWeb: 9:28am On Jan 14, 2016 |
It's all under control now. |
Politics › Re: Is Social Media A Blessing Or A Curse To Nigeria? by BLWeb(op): 7:18pm On Jan 13, 2016 |
I would love an intelligent and healthy debate
cc: lalasticlala |
Politics › Is Social Media A Blessing Or A Curse To Nigeria? by BLWeb(op): 5:41pm On Jan 13, 2016 |
Trust Nigerians, we are always (or so we think) ahead of the pack when it comes to making stuff trend on social media. We tend to overdo it to the point that trends usually die in just days of its emergence. But at the same time these trends we tend to promote and publicize have been somewhat disgusting issues the society frowns at (if we were in 1980 though). When you get to see those trending topics, much of it is what describes us in a negative light, from our politics to entertainment, to education, to societal issues. What trends about Nigeria and nigerians is mostly bad news!
Thats why i'm asking this question because in my opinion majority of us are turning it to a curse (not a cause) as we trend issues with negative and downturn agenda that many of our young people don't realize it is actually hurting us. Since it's emergence in the nigerian scene, what good has social media done for us in generality? has it helped push our image in good light in every issues we trend? |
Webmasters › Re: Looking For Abuja Based Web Designer ( Hire Me ) by BLWeb: 12:31pm On Jan 12, 2016 |
Can we join forces, i'm based in abuja and a Web designer also. |
Crime › Re: Cybercrime: Policeman, Three Others Killed (photo) by BLWeb: 11:09am On Jan 11, 2016 |
This is very sad. |
Politics › Re: Metuh Has Admitted Collecting N400m From Dasuki – EFCC by BLWeb: 10:14am On Jan 11, 2016 |
There are so many "big men" tied to this corruption mess. I hope this doesnt drag on till the end of the year  |
Politics › Re: Do You Know Zain Asher Of CNN And Chinwetel Ejiofor Are Siblings? by BLWeb: 10:10am On Jan 11, 2016 |
I'm proud of them. |