‘The Arabs in old times used to say. Four things separate brothers: wealth, women, jealousy, and death. Four things make you lose your value among people: talking too much, laughing too much, lying and gossiping. Four things by which a wife ruins her home: stubbornness, anger, suspicion, and raising her voice. Four things by which a man ruins his home: distance, neglect, harshness, and stinginess.’
She has a Private equity firm and this is what her private equity firm does.
Her company buy companies that are not publicly traded on the stock market, improve them, and later sell them for a profit.
Here's a simple example:
Imagine a bakery is worth ₦10 million, but it is poorly managed.
A private equity firm buys the bakery.
They hire better managers, expand to more locations, reduce unnecessary costs, and increase profits.
Five years later, the bakery is worth ₦50 million.
The firm sells it and makes a profit.
Think of it like this:
Private equity is like buying an old house, renovating it to make it more valuable, and then selling it at a higher price.
The difference is that instead of houses, private equity firms buy and improve businesses.
Just for the record, he’s right about the way we’re platforming mediocrity across all sectors btw…it’s just weird seeing him say so just days after going on cater’s live.
🚨🇵🇹 Cristiano: “I know that whoever works hard, God helps him. It was a tough week, a dark one, it started as if I had retired from football”.
But I held on as I always hold on because I believe in work more than football. It was tough, I have to admit, but we came back”.