$10 BTC @ N530 available

Contact details on my signature. We will meet and make the exchange manually. If you have bitcoin you can contact too

I need $250 PM, cash transaction. One-on-one. I'm in Lagos

Not every business opportunity is capital intensive, especially for this. What will this cost you? From nothing to hundreds of thousands. You'll of course need first to understand what you're going into and the risks involved.

For Mismanagement of earnings/ failure to plan, now is the best time to start planning. An alternative income stream that fits into your schedule is worth your while.

That said, I did mention that the size of this market is over a third of the NSE. It is actually valued at about $10bn. Yes, I'm talking about the Bitcoin economy, and this has continued to grow in size, value, participation, and acceptance.

Bitcoin is a cryptocurrency, ie digital currency that exhibits virtually all of characteristics of money

i. Medium of Exchange
ii. Unit of Account
iii. Standard of Deferred Payment
iv. Store of Value

Earnings from Bitcoin appreciation is subject to tax by the American government, implying that it is considered as an asset class.

There are inherent opportunities and these will be shared for those interested.

You can reach me from my signature

So what are the obvious opportunities?

1. Over-dependence on a particular income stream

Believe it or not, that's the root cause of the problems we're currently facing. Others are

2. Inaccessibility of capital

3. Mismanagement of earnings/ failure to plan

At the heart of diagnosing a problem is investigation into its root cause, and you would probably discover an unmet need.

Over-dependence on a particular income stream

This sums up the story of Nigeria after the discovery of oil. Total dependence on a particular income stream. This is true for a lot of people today. And as the country grapples with lower prices of its prime income stream, crude oil, it is becoming increasingly difficult to meet up with its financial obligations.

For households with the same problem, the result is the same. Fixed income against increasing prices of goods and services, with no end in sight. The simple solution is to accommodate at least an additional income stream.

Let us look at the reasons people give for not having an additional income stream

1. No time. As busy as we all seem, with proper planning and time management, we can allocate time to any activity that we consider important. What if I were to tell you that this business opportunity would cost you less than 15 minutes a day. That is very true because the bulk of the work needed has being done by someone else, and the result is a packaged product delivered to you.

2. No capital. I hear this a lot of time. No money to embark on that new business. Yes you need capital to start this one, but it is one that virtually anyone can afford. We're talking about something that a student can confidently afford. If you think I'm talking about Network marketing, you are wrong. Much as I don't find any issues with it, this isn't about network marketing.

3. Being risk averse. Lots of people do not like risks and uncertainty, that's their reason for avoiding business. This is a valid reason, however, the risk associated with this offering is purely based on you. What you decide to do with the tools acquired is up to you. I can guarantee you that the returns are much greater than the risk, and that's because someone else has done the dirty work.

We're talking about an industry that has a market capitalization of over 33% of NSE market cap. And just about anyone can be a part of it.

I'll give opportunity for those who might have other reasons not stated here. Let's know your reasons for sticking to one income stream.

Let us for a second consider the obvious problems plaguing the country

PROBLEMS OPPORTUNITIES
1. FALLING OIL PRICES ---------------> OVER DEPENDENCE ON OIL - ABOUT 80% OF FG REVENUE
2. UNSTABLE OIL EXPORTS -------------> NIGER DELTA MILITANTS
3. REDUCTION IN EXPORT EARNINGS -----> FALLING OIL PRICES + REDUCTION IN EXPORTS
4. DEPLETING FOREIGN RESERVES -------> REDUCTION IN EXPORT EARNINGS/ MISMANAGEMENT OF EARNINGS
5. LIQUIDITY CRUNCH IN FX MARKET ----> LOW EXPORT EARNINGS/ DEPLETING FOREIGN RESERVES/ HOARDING OF FX
6. RISING VALUE OF FOREX ------------> SHORTAGE OF FX SUPPLY
7. INCREASING PRICES OF GOODS -------> HIGH COST OF FOREX, PRODUCTION INPUTS
8. STEEP DIFFERENCE IN FX MKT RATES -> SHORTAGE OF FX SUPPLY
9. INFLATION ------------------------> HIGH COST OF FX/ PRODUCTION INPUT
10. COMPANIES SHUTTING DOWN ---------> LOW PATRONAGE
11. WORKERS LAID OFF ----------------> COMPANIES RECORDING LOSES/ LOW PATRONAGE
12. INCREASING UNEMPLOYMENT ---------> WORKERS LAID OFF/ COMPANIES SHUTTING DOWN/ INACCESSIBILITY OF CAPITAL
13. FAILING INFRASTRUCTURE ----------> MISMANAGEMENT OF FUNDS/ FAILURE TO PLAN
14. ECONOMIC RECESSION --------------> ALL OF THE ABOVE LISTED PROBLEMS

Looking at the right hand side of the problems, most of you will see the causes, but I see them as opportunities because that is what they are.

Like the Biblical Noah, the water that drowned the whole world was instrumental in drifting his ark to safety. So what was problematic to the others was actually his opportunity.

BUSINESS in NIGERIA has taken a hit since the year 2015, largely attributed to falling oil prices that have greatly reduced the country's revenue from sale of crude oil, while increasing demand for foreign currency has depleted the country's foreign reserves.

Demand for foreign currency rising above the revenue from exports, the government in a bid to protect the depleting foreign reserve, employed measures to ration available foreign currency. The result is shortage of US Dollars for imports, travelers, medical tourism etc, hoarding by currency speculators, and a steep difference between the official interbank FX rate and the parallel market rates.

Increase in virtually every input of production, increase in prices, inflation, reduction in business activities, companies lay off workers, increasing unemployment rate, and eventually economic recession.

A Business Opportunity is a packaged business product that allows the buyer to begin a business almost immediately. It comes with recognition of the need, means to fulfill the need, method to apply means to fulfill the need, and a method to benefit.

According to Wikipedia, a business opportunity has 4 elements namely:

1. A need
2. The Means to fulfill the need
3. A method to apply the means to fulfill the need
4. A method to benefit

As earlier stated, I will cover the first part, The Need, and highlight the opportunities they present to those who are willing and ready to take advantage of them.

An effective Business Opportunity should capture the above listed, and proffer a solution that is fit for purpose.

I remember watching a video of Michael Dell, founder of Dell Computer, on youtube where he was asked the kind of business he would go into if he was to start afresh. His response was to look for an inefficient market, and go into it.

Looking at Nigeria today, you don't need anyone to tell you that we have one of the most inefficient Foreign Exchange Markets in the world. The interbank rate for USD is currently at N320 while the parallel market is N470.

A part of me believes that this market has remained the way it is because certain "highly placed and connected individuals" are profiting from the system. However true this may seem, the situation offers a lot of opportunities for those who are willing to do the work.

My foray for a solution to this situation led me to a great opportunity. One which earns me revenues denominated in foreign currency, so as the value of the Naira falls further, I earn more of it.

I'm willing to share this with those who are interested, but at a price. Whatever you enjoy for free today, someone paid for it.

Most of you have heard about it, some of you are using it already, I'm talking about the most popular Cryptocurrency, Bitcoin.

I will share the first of four parts of the information here.

#BizOppNaija

Business Relationship Executives needed URGENTLY in a reputable medical facility in Lagos.
Interested persons to send detailed CVs to damaxhine@gmail.com.
Minimum Qualification: ND
Remuneration - N50,000 Plus commission
CVs to reach indicated email by Friday 30th of September 2016.

Only shortlisted applicants will be contacted.
Thank you.

TOPIC- Productivity

Productivity is the quality, state, or ability to create products or services that add value to others. It is measured by the ratio of output to input. Productivity expresses how many units of a product or service you can generate given a particular output.

Productivity is the strategy for Profitability in business. The more the output, all things being equal, the more productive a business organization is. Let us consider what it means to be productive.

PRODUCTIVE

To be productive is to be fruitful. It is being capable of producing something. A business organization exists to create value for its customers, and in return receive payment. This means that a business that is not productive will not survive for long, while a productive one will continually grow and thrive.

There are 2 major components of a productive business organization. If you are able to identify and improve on them, you will have a profitable business. These 2 components are EFFECTIVENESS and EFFICIENCY.

EFFECTIVENESS

Effectiveness is the capability of a business organization to produce a required result or effect. An effect business has capable, competent, qualified, and skillful people working in it. Every business has its vision, goals and objectives for existing, and effectiveness is the degree to which the business can achieve them.

For example, ABC Ltd is an educational business that delivers online courses to its students. It will need competent and qualified teachers, rich course contents, and a dependable means of delivering their courses. If ABC Ltd lacks any of these, it cannot be effective in delivering quality courses to its students.

In business management, effective is defined as "doing the right thing". Effectiveness can be learned and improved upon. We will consider one important method of improving effectiveness later on during the program.

EFFICIENCY

Efficiency is the ability to accomplish a required result without wasting resources. An efficient business organization is one that can properly manage its time, raw materials, personnel, money, effort, in acheiving maximum output.

Efficiency is the measure to which input is judiciously used for a particular task. It is expressed as the total units of output divided by total units of input.

For example, ABC Ltd uses 5 units of time, 3 units of skill, and 10 units of money to produce 50 units of output. Another firm, XYZ Ltd uses 7 units of time, 3 units of skill, and 9 units of money to produce the same output (50 units)

To measure their efficiency,

ABC Ltd = 50/5+3+10 = 50/18 = 2.77

XYZ Ltd = 50/7+3+9 = 50/19 = 2.63

From our calculation of efficiency above, ABC Ltd is more efficient in its use of resources in production.

PRODUCTIVITY = Effectiveness + Efficiency

To be productive is "doing the right thing" and "doing it rightly".

The 5 stages that a Productive Business goes through

1. Productive - produce results, gainfully involved in productive activities

2. Multiply - Able to replicate results through other people and systems, leverage, leadership, delegation

3. Replenish - Fulfill

4. Subdue - Industry Leader, Market leader

5. Dominion - Authority, Influence, Power

Mapping Truths to Reality

From earlier post, it was established that there were the following:

1. Planning
2. Design
3. Purpose
4. Development
5. Empowerment
6. Productivity

Planning, Design, Purpose, and Development have to do with an entity- MAN. Let us, for the sake of learning, relate these to our course of study. Remember, our course covers Business Profitability.

Productivity is the means by which the purpose will be achieved.

Let us map (relate) what we have learnt above to our subject of study

+ Entity - Our Business Organization
+ Purpose - Vision, Goals, and Objectives
+ Strategy - Productivity
+ Stages/ Phases - Fruitful/Productive; Multiply; Replenish; Subdue; and Dominion

Our goal is achieving Business Profitability, and the strategy to achieve this is Productivity. For the rest of the program we will discuss some principles and best practices for achieving profitability.

Comments, questions and suggestions are also welcome

There are a number truths expressed in the statement above, and we will use them to understand the principles involved and how to apply them to our business today.

"Let us make man..." is PLANNING, where intentions are declared. It is obvious that when this statement was made, there were multiple personalities involved, hence the need to communicate and agree on a proposed course of action. This is the first step taken when you're embarking on a project that involves more than one stakeholder. As we progress in the course, we will consider effective ways of doing this to get desired results.

"...in our image, after our likeness..." is DESIGN, and what is expressed is a prototype to use in designing. A prototype is an original or form that an object is produced from. It is a working model, and products are fashioned after it. This prototype may be mental, written, or represented in physical form.

"...let them have dominion..." is PURPOSE. Every project has its purpose clearly spelt out. This purpose might be expressed as vision, goal, objective, or mission statement. The most important thing is that it expresses the reason for the project.

"So God created man..." is DEVELOPMENT, the production process in the project. For this to be successful, care must be taken to follow every detail in the design. You are developing a product, service, or solution that will be consumed by your customers.

"And God blessed them, and God said unto them..." is EMPOWERMENT. Everyone involved in the project or business has to be equipped with the right resources. Policies, tools, processes, people, authority etc. Doing this properly ensures that your team members don't give unreasonable excuses.

"...Be fruitful, and multiply, and replenish the earth, and subdue it: and have dominion..." is PRODUCTIVITY (fruitful). The means by which purpose is achieved. The concept of productivity and profitability in this course is built from this part. Strategy is a coordinated means of achieving goals using available resources.

Acquaintance with the truths (principles) on which our Profitable Business is built on

Many of us are familiar with the story of creation in the Bible which occurred in Genesis 1. The high point of which is the creation of man.

"And God said, Let us make man in our image, after our likeness: and let them have dominion over the fish of the sea, and over the fowl of the air, and over the cattle, and over all the earth, and over every creeping thing that creepeth upon the earth.
Gen 1:27 So God created man in his own image, in the image of God created he him; male and female created he them.
Gen 1:28 And God blessed them, and God said unto them, Be fruitful, and multiply, and replenish the earth, and subdue it: and have dominion over the fish of the sea, and over the fowl of the air, and over every living thing that moveth upon the earth." - Genesis 1:26-28.

I would appreciate it if you Like the first post on this thread.

I'm actually looking at least 300, to show that the information shared on this thread reached that much people.

Please keep checking out the thread through the day for live updates.

BEST PRACTICE are methods and techniques that have being tested and proven to be very effective. It spans industries and are sometimes referred to as standards. There are management best practice, marketing best practice, IT service management best practice etc. IT Service Management involves best practice in the production of services for business. We will be adopting some methods from this field for improving effectiveness and efficiency in the production process.

Best practice evolve from an innovation. Successful innovations gradually become best practices. Best practices quickly become good practices, which become part of industry standards and regulations.

Successful innovation --> Best practice
Best practice --> Good practice
Good practice --> industry standards and regulation

Even though a method is seem as best practice today, over time it may become good practice when a more effective and efficient method is discovered. A good example for best practice in marketing is to make provision for engagement with customers through social media.

What do we take away from timeless principles and best practice? Principles are foundational for building successful lives and enterprises, while best practice is essential for effectiveness and efficiency in business. One grave mistake people make is building the foundation of their businesses on best practice- what is currently fashionable, without any consideration that it will fade away sooner than expected.

Our decision to build a profitable business on timeless principles becomes justified, because we expect the foundation to stand the test of time. From the Bible we learn of principles that were expressed 4,000 years ago, were relevant then, and are still relevant today.

Understanding Timeless Principles and Best Practice

Inside everyone is the desire to be better. To be better at home, work, or school. This desire leads us to do things that we believe can make us better in different areas of our lives. There are 2 concepts that will help us in achieving this goal of being better- Principles and Best Practice.

PRINCIPLES are laws with universal application. They neither grow old, become less effective, or cease to exist. They can be applied in any context, situation, or country, and yet produce the same results. By their nature, principles are timeless, and as long as the earth exists, they will be with us. The Words spoken by God in the Bible fits the above description, and can therefore be referred to as timeless principles.

Principles are foundational, and every enterprise built on them will stand the test of time. A successful person would have values, commitments, and character built on principles. For an organization to be truly successful, principles will provide support for the structure, plans, culture, and policies.

There are 2 principles of the Bible that can be observed in our everyday activities. "Therefore all things whatsoever ye would that men should do to you, do ye even so to them: for this is the law and the prophets" - Matthew 7:12, (treat others how you want to be treated); and "For unto every one that hath shall be given, and he shall have abundance: but from him that hath not shall be taken away even that which he hath." - Matthew 25:29, (the person who makes good use of available resources will be given more, and the one who doesn't will lose the little he has).

You are Welcome to a Most rewarding moment today.

This is a live update of our Online Business Outreach, and it is open to everyone to participate. The meeting is currently ongoing on multiple social media platforms, and Nairaland is one of them.

The objective of this program is to equip participants with time-tested principles essential for building lasting and profitable businesses, and management best practice for increasing efficiency and profitability.

It will run through the day till the evening and everyone is welcome to participate.

How To Participate

I would like to know the number of active participants and the way to do this is to Click Like to this post.

As updates are made, if you have any questions or suggestions, feel free to ask.

There is a free Social Media Marketing Plan for participants at the end of the program.

I trust that you will be enriched with insights from this program.

Thank you

Social Media Marketing Plan - Raising, Engaging, and Equipping Brand Advocates for Effective Social Media Marketing Campaigns

Why The Focus on Brand Advocates

Social Media has transformed the way we interact with each other. The way we communicate, share information, meet new people, and how businesses market their products to consumers.

Social Media Marketing is the initiation of marketing activities through social media platforms. Businesses advertise their products, generate sales lead, share information, and engage their customers through platforms like Facebook, Twitter, Google+ and LinkedIn.

Marketing campaigns on social media have succeeded in reaching lots of people. Ironically, these successful campaigns have not done much to increase revenue for their businesses. They however brought about increase in engagement with their brands.

This social media marketing plan introduces a new approach to marketing. Changing the focus from selling your products, to building high trust relations with Brand Advocates.

This plan is a creation of (BTcomms) and it is free for you to use on your project and within your organization.

Download source http://www.eugenenwoji.com/download-social-media-marketing-plan/

Everyone Who Has Will Be Given More

For everyone who has will be given more, and he will have an abundance. Whoever does not have, even what he has will be taken from him. - Matthew 25:29

The dream of every business owner is to see their businesses grow and expand into new environments and opportunities. To pass on the business to the next generation, vibrant and still full of potentials.

To achieve this kind of growth and expansion, there is the need for more funds invested into the business. Funds to acquire properties, engage the best hands, machinery, licenses etc.

Seed, Angel, and Operating Capital must have being used to grow your business to this extent. For expansion, you need much more in finance. The kind that you can only get from financial institutions or institutional investors.

There are 2 major kinds of capital that can be accessed when a business is seeking to expand:

1. Debt Capital - This kind of capital is raised from loans taken out as loan from a financial institution, usually a bank. This loan will be repaid at an agreed date in the future, with interest on it.

2. Equity Capital - This is invested money put into a business for a stake in the business. The investor doesn't expect to be repaid the money invested, but instead receives part of the shares of the business, becoming a part owner of the business. Therefore entitled to receive dividends from the profit made by the business.

These capital can be accessed only if you've being able to make good use of earlier investments made into your business. The Bible says "For everyone who has will be given more, and he will have an abundance. Whoever does not have, even what he has will be taken from him." - Matthew 25:29

Producing good results with available resources will qualify you for more. To some, they focus on what they do not have, while overlooking resources available to them. These type of people never venture out successfully because they've got their focus on the wrong goal.

The ones that have being able to put good use of earlier money invested have results to show for them, and are therefore more attractive to investors than those who seem to have excuses for not doing anything.

Starting tomorrow, we will begin a series on Communicating Your Vision and the tools needed. Creating your Feasibility Study, Business Plan, and Business Case.

The Trustworthy Person Will Get Rich Reward... Proverbs 28:20 (NLT)

Still on the series on "Raising Capital For Your Business", let us discuss how those into trading can raise capital.

After you have raised initial capital to start your business, it needs to be run daily. The kind of capital needed to run your business on a daily basis is called Operating Capital.

Operating Capital is used to pay for supplies, production, salaries, logistics etc. This capital can be raised from savings, seed capital, or angel investors. Two other important ways of raising operating capital are:

1. Credit from Suppliers- You can receive supplies and pay later. Some suppliers can give you credit of up to 2 or 3 weeks and expect you to pay up by then. You are practically using their money for your business, and you only get access to more credit depending on your ability to meet agreements.

2. Advance payment from customers- Some customers are willing to pre-pay for products they haven't received from you yet. Some will place orders and make full payment pending when you make supplies to them. This also gives you the opportunity to do business with their money.

Enjoying credit from suppliers and advance payment from customers require you to be faithful in all your dealings. You've got to have earned trust from your suppliers and customers before they can grant you access to such priviledges.

A faithful (trustworthy) person will be richly rewarded with blessings and favour. That's the only collateral you need to enjoy this type of capital.

Describe The Vision and Explain Upon Tablet

"... Write the vision, and make it plain upon tables, that he may run that readeth it" - Habakkuk 2:2

Still on the "Raising Capital For Your Business Series", the first post considered raising your first capital through Seed Capital.

The money raised from Seed Capital is not usually very much, and most times you will need to get additional capital for expansion, to take your business to the next level.

Angel Capital is finance provided for your business to fill the gap of Seed Capital. This type of capital is provided by Angel Investor.

An Angel Investor is a person who supports a new startup business financially, and in exchange he is offered equity (part ownership of the business).

Angel Investors are usually experienced entrepreneurs, business men & women, professionals and institutions. They also provide mentorship and guidance for the new business.

In order to convince an Angel Investor to commit resources to your business, you will need to communicate the vision clearly so that it can be understood.

This means having a good feasibility study and business plan available. These are documents that will explain how profitable your business is, expected cash flow, and other projections.

From Habakkuk 2:2, we understand that you have to "Describe the vision and explain upon tablet in order that whoever (the Angel Investor) you call out to will be able to run through."

You need to get training on business writing and communications, or engage the services of a practitioner to help you capture your vision on paper. A detailed feasibility study, Cash flow Analysis, and Business plan.

Every investor you approach as your business grows will demand for these documents. So that when they read and are convinced, they will run with your vision.

A Good Name is All You Need

"A good name is rather to be chosen than great riches, and loving favour rather than silver and gold." - Proverbs 22:1

This is the first post on our series on "Raising Capital For Your Business" and we want to look at the very first capital you raise for your business.

This capital is called Seed Capital. It is the initial capital used for starting a business. Seed capital comes from personal savings, selling of personal assets, and money from family and friends.

For your family and friends to invest into you or your business, there are 2 important things they consider- your competence and trust. Your competence is important because they need to be sure you know what you are doing, and how the business will operate.

No matter how competent, or how much you know, no one will invest in your business if they do not trust you. Some people say one thing, and do another. Your family and friends are close enough to know if you are trustworthy.

A good name is the collateral you need to access seed capital. The Bible says to choose a good name instead of great riches. In the business world, a good name is called goodwill. And goodwill is considered as the assets of a company. A company that has goodwill can borrow money from a financial institution without collateral.

So you have to develop goodwill, because this is your collateral. Your words and actions have to be the same. Do not try to cheat someone simply because they are not aware of how something works. You cannot cheat a man twice, he will find out and never want to deal with you in the future.

Choose a good name today, and be that person that says what he means, and means what he says.

The Making Many Rich Series is designed for rich interaction with timeless principles that have brought success to many. Get the messages that would help you start your day on #MMRSeries.

There's this buzz that social media marketing is hot right now, yet so many don't know how to run an effective online campaign.

#QualitySalesLead will focus on that