My wife's brother spent six years at a Japanese car plant in Kentucky. He was sent to teach the Americans our way of working.
He came home with a notebook. On the cover, in Japanese: "Things I Learned Instead."
Some pages:
"The first day of deer season, half the line takes vacation. HR plans for it every year. Nobody pretends to be sick. They just say 'deer season.'"
"They name the machines. The welding robot on Line 2 is Darlene. Darlene gets a birthday cake."
"When someone's wife has a baby, the whole line signs a card. The card is bigger than the baby."
"A man with thirty years on the line showed me a better way to do my own job. Then he said, 'Don't tell your boss I told you that, boss.'"
"Every Friday, someone brings doughnuts. Nobody is assigned. Somebody always does."
"They thank the janitor by name. Every day. His name is Curtis."
The last page is from his final day.
In our system, anyone can stop the line, but only for a problem. Stopping it is serious.
"On my last day, the line stopped for one minute. There was no problem. They stopped it to shake my hand."
He says it's the only time in six years he was happy to see the line stop.
If you are broke and the first thing that comes into your mind is selling property to make more money, then you are walking on very dangerous terrain. It is not a sustainable way out of the problem of insufficient income.
If you now have to sell the property to pay off debts, then maybe you should seriously consider a career change and give up entrepreneurship.
I have seen former "big men" go through this phase and finally be saved when they open up, and their friends rally around them. This is why African politicians will always support corruption. Their income is never enough to sustain their lifestyle.
This is also what leads to all the bad side deals in the private sector and why they exclude outsiders from their circle.
For those in sports and entertainment, it is brutal. When Davido mentioned that his Dad would send him $300k after a show, I laughed because the man probably knows his burn rate and cash cycle better than anyone.
You can't plan a life around doing one-off deals, but you can plan a life around working with a group of people to generate constant income. The reason the Lebanese, Indians, and others are better businessmen in Africa is that the business groups they form are equivalent to corporations, with proper support and planning.
We have cooperatives, but they don't function the way the Lebanese and Indians in Africa do theirs. Most people in our cooperatives are typically there for emergency loans or crisis support. They don't see them as an active business organization that is responsible for their regular income.
An Indian friend I grew up with was one of the richest people I knew, but was also one of the most frugal. Any fancy car he was driving was usually one that he imported for sale. He was the one who wanted me to buy houses in Calabar almost 30 years ago at 100k Naira each, but I didn't see the value then. He bought several and housed his staff there.
He was always "switched on" and in moneymaking mode, and we did some interesting deals together while he still had his factories selling regular cheese balls and biscuits. That regular income from those factories was sacrosanct. Those were his core products; the side deals were for extra income.
For me, those side deals were my main source of income until my cousin, Lateef Belo-Osagie, made me see the folly of consulting and tech deals. He told me to go and get a job. I struggled with this until I took the course at HBS with @JosephBFuller, who gave us the truth about consulting and services. It was a zero equity game.
Find products to build and sell daily, or join a corporation or group that does. The lawyer guy who kept his 9-5 in the tweet I quoted earlier is very smart because a constant income source lets you plan better. The best business people I know sell something almost every hour. Sometimes, every minute.
If you don't have more income coming in than outgoing expenses, you are definitely going to end up in financial trouble. If you are in a group that does business together, you should all aim to generate regular income by selling products consistently.
Before we were chased away from the POS agent business by those with more resources, my dashboard showing regular income from those transactions used to give me more joy than anything else. These days, it is Stripe. Each sale gives me joy.
« We have seen during the revision of EU #AnimalWelfare legislation that there is a clear lack of data. So having comparable data through such technology could be a positive for the future », @Steph_ghislain @ClearFarmEU Final Event
Starting today, I'm counting down the last 60 days to the New Year by starting the #60daysOfMachineLearning challenge.
Every day I will be posting about Python, SQL, Data Science and Machine Learning to help you start learning about AI now!
Lets get started!
Day 1 - Python 🐍
Apparently, the big picture shows the world doesn't operate on morality (right, truth, justice), but on simple universal laws (strength and weakness).
Survival first.
People don't do what is right, they do what they're comfortable with!
Every startup needs to grow.
But 98% of founders don't know where to begin and get overwhelmed trying to understand "Growth".
Here are 7 actionable frameworks to help you grow your startup 🧵:
The fact that there is so much to learn could spark a lot of feelings, different feelings for different people.
How do you feel when you learn a new thing? 😊
7 things every kid needs to hear:
1. I love you
2. I’m proud of you
3. I’m sorry
4. I forgive you
5. I’m listening
6. Most businesses shouldn’t take venture capital
7. You’ve got what it takes
HOW I LOOK LIKE A PROGRAMMING BOSS in front of non developers
->open terminal or git bash
-> ls
-> cd downloads
-> ls
To them, I look like I can hack Facebook lol
"WHOA! HOW DID YOU DO THAT?!! You can read that!?!?"
*Smiling face with sunglasses* yup
#100DaysOfCode#CodeNewbie
"I fear not the man who has practiced 10,000 kicks once, but I fear the man who had practiced one kick 10,000 times" - Bruce Lee
Avoiding jumping around in your learning if you can. Try to master a few things deeply rather than many things deficiently.
#100DaysOfCode
"How should I learn to start programming?"
I get this question a lot.
Truth is, there is no real right or wrong answer!
You can pick HTML, Python, or C and i'll support you!
We all started somewhere.
We all feel like we don't know enough.
You got this!
#100DaysOfCode