₦airaland Forum

Thats nice to hear
More power to u seun and keep making it real !

Cheers

diyobdw:
"mickyplus
especially in one man business? How?
_{just curious}

Hey ! Dont be curious. Lets look at it from this angle .

Yeah, in a one man business(sole proprietorship) especially in underdeveloped countries where (1)due diligence and operational excellence in not in place.(2) Employees tends to be more educated than some employers (3) sharp practices on the part of the employees (4) other economical and technical factors ! Going by the listed factors, chances are that, employee could be richer than the employer !

Some employers are not even vast in the knowhows of running a business hence, giving room for a desperate and smart employees to divert proceeds from sales.

More educated employee could also, enrich himself/herself at the detriment of the employer(illiteracy on the part of the employer) how do you track performence?

This is even one of the major reasons why some enterprises are failing because the employers would have gone bankrupt as a result of some the above listed points. Employees then goes into another line or business venture(s) as a result of the ill gotten wealth from his/her employer.

So, the possobility of the employee(s) being richer is very high ! which also means, employee(s) can be richer than the employer(s).

Cheers

dolly -pee:
are there things like forclosed properties in nigeria? never heard bout that,are dey cheap when u want to buy like in usa? strange.

Forclose ke? for where ! that aint gon happen ! the only thing that can happen in that case is, the properties would be disposed off with the forced sales value (FSV) which is about a good price to sell it even when there are no issues on the properties !

my2cents:
seun et al with similar opinions:
that is y a smart biz man should register their company as a limited liability. That way, assuming the definition still holds from my commerce class days of 1990 (if not, shoot me ), they are only limited to losing only what is part of the biz, as opposed to personal wealth

Limited liability ke! it doesnt workout in this case o! infact, the bank(s) are insured as first loss payee incase, such properties might have been used as collateral in some other dealings and also personal guarantee is put in place in case  the properties is not enough to pay down the credit facilities.

Back to the topic, it is very possible for employee to be richer than his employer especially in a one man business. 

Good points so far ! the truth is, putting into consideration so many favourable factors, it is just too possible for employee to be richer than the employer. e.g inheritance, investment, e.t.c.

In a country like naija where everything and anything is possible, u'll be suprised when u find out that someone you are paying is damned richer than urself ! like example oldglory gave above, bus driver and conductor being richer than the bus owner.imagine that !

It is however not very possible in a normal scenario where all things are equal.

Cheers

Well, it is possible to achieve the very lofty height as an employee though, the level in which that could go is just limited unlike the employers of labour, in the sense that, their income is out of bound and there's no boundary to what they earn !

Employees also can make lot of return even with the fact that, they aint employers of labour. In the present day naija, a top executive in a good establishment would almost be able to attain any lofty height like any employer of labour ! A good and well grounded establishment is synonymous to good pay thereby, making it possible for employees to attain almost the same level of lofty height with any employer.

Cheers

Yeeee

kai

Grand pa na happening Ole !

Enormous ! Han ahn

Help- i am about to tip over
Nice stuff
cheers

@Oracle,
Absolutely !

Bad pikin

This joke again ! Well, nice joke for real. its been here before

Han ahn ! this joke correct o. kasala don burst especially where he was told that his wife is pregnant- Twins? " they arent yours"

Good joke, very funny but, its been here before.
Cheers

Yeah, dont nod on the phone. LOL
Cheers

Still very funny forever ! its been here before
cheers

what a courageous americana ! That american na lazy soldier

True talk !
Cheers

yes ke ! bad police nailing the good pikin of God !

Cheers

yes o !Smart is the word

These ma people here are just toooo much !

Heres mine oooo. i just dey try sha !

Thinking about you baby and all the times we've been together like  butterflies to flowers.
Retrospective my companion. remember the time when our eyes locked. the burning ember and the current that radiated when our hands interlocked.
That first night when our lips sealed thinking, our  world is going to go wide apart if we let go of ourselves ! remember the exploration of the inner chamber when i was vigourously sinking in the honey pot.  the sweat of our body and the rhythms of our souls beating together in unison !
The whole world on exile and all other creatures  to extinction. I would be the king and YOU the queen.

Thanks for loving me baby because my world is filled with absolute bliss, you crept into my unique soul and transformed me into this glowing rainbow of illuminating colours.

I love u forever and a day.

_{I find it sooo difficult to do now ! i havent done this in a very loooooooooooooong while}

Its a pity and so sad that, most of the governors are looters and executive/ glorified 419s !
Imagine stealing by stlye. imagine , a project that is not more than 50million being summed as 500billion !

I just pray hard that, prosecution of all these thieves and public funds converters wont stop cos they are all thieves ! Awon oni je kuje. HABA !

Well,
God WILL save Naija.

Nna men ! my people are lazy ooooooo

my mood determines what i am going to do as it relates to house chores but, theres ONE thing i wont want to do if i have my way IRONING ! it makes me sick ! infact, i REALLY dont have to iron my clothes to the extent that the egdes would to be sharp like a knife ! i am always on suit so who gives a F*ck ! so far my colar and the front view of my shirt is ironed, all other parts can go places

But seriously, people lazy ooooooooo

Cheers

Omg

This is for real !

yeah, very funny joke .its been here but still a very good joke
Cheers

Correct !

Thumb is too small for the guy, Hands Up !

Mystique:
LOL

***After thot***

Rule N0 3, If you do get your hands on his credit card, ensure its maxed out before u return it, (if u return it)

Han Han ! thats what i call SPEND to finish !

Theres nothing bad if a girl decided to load a guy with gifts. occasional money rain isnt bad as well ! it becomes a problem if the guy takes it for granted as a way of not being responsible.

personally, i dont see anything wrong in it !
Shebi na love , abegi do your thing jare

Cheers

All the beatifully ladies in tha house, say CHEERS !!!
Dont be shy to look for love in you area.
Cheers