“LOSING STREAKS” are a test of your SKILL, CONVICTION, and COMPETENCE. ✔️
How unwavering your faith is in your SYSTEM will determine whether you survive them.
Jumping from one strategy to another in search of the next HOLY GRAIL only takes you further away from PROFITABILITY. 💯📌
Trust your SYSTEM. Master your EXECUTION. Stay CONSISTENT.
FOREXBOSSCHIC 💅
One thing every trader must understand:
You cannot control the outcome of your next trade, but you can control how much you lose if it goes wrong.
That’s the real power of risk management.
Your job isn’t to avoid losses completely. Your job is to make sure no single loss has the power to destroy you.
Most people think resilience means never breaking. It does not. Resilience is how quickly you return to baseline after you break. Everyone falls. High performers just reset faster.
My mum owns a primary and secondary school somewhere in Akeja, Ogun Sate. There is this man, Papilo, a supplier who handles FMCG products in that area. He comes Tuesdays, Thursdays, and Fridays. Sundays are for my mum and other school owners stocking up for students during break.
He is not the only one. They are everywhere like that.
One thing I know is that most of these sellers don’t pay him immediately, They pay on the next supply day or after a week. Sometimes it stretches to 3 supplies before payment clears.
I've watched him argue back and forth with customers who say no money yet. He still gives them all or little. I've seen this for over 15 years growing up. This is the practice across every informal market in Nigeria. This is Africa’s informal supply chain.
Papilo knows all his customers. He knows their children’s names. He argues, negotiates, and finds a middle ground. No App or AI can replicate this.
Papilo now runs plenty of small kekes distributed all over Akeja and beyond.
In African businesses, relationships aren’t just nice-to-haves. They are part of the infrastructure. And this is where the majority of our builders get it wrong.
A techie once went to get bread at a store and stumbles on a sole distributor supplying them wines. He thinks “so this is how these get their stocks” he goes home to google the numbers and sees millions of retailers, no central database, orders on phone call, cash payments, manual records. He sees the classic Manufacturer → Distributor → Wholesaler → Retailer chain and he goes “yes! This is a gap. This is untapped. I can build this on an app”.
Actually, he is right. But here is what he missed;
The supplier extends credit
The wholesaler knows who always pays at each time.
The sales rep knows whose child just got admitted into university.
The delivery driver knows which shop opens late or earlier
None of this can fit in an app database because they are the everyday circumstantial reality of Nigerian business owners. Your app can’t document this.
A retailer doesn’t always buy from who is cheaper. She buys from who’s delivered consistently for years. The one who lets her pay next week. The one who picks up the phone immediately there is a problem.
See your app can calculate credit just fine. But the distributor knows Mama Olomi missed payment because her shop flooded last week. That context is the business in this part of the world.
You will think funding fixes this but marketForce had $42M and still died. Sendy had $27M, Medsaf had $7M.
Your investors will push you to the usual playbook; free delivery, discounts, cashback, promotions, etc and growth will look incredible at first but the moment the subsidies disappear, you will start to compete with relationships using economics alone.
Then you’d realize your capital didn't buy survival, it brought speed to a broken model. Somebody say Reality!
Now let’s look at the ones who didn’t die. They simply mutated.
Sabi moved into traceability/export infra. OmniRetail leaned into embedded finance.
Sendy’s co-founder built TABB on trade credit data.
Rather than say we’re replacing distributors, they became the operating system behind the distributors helping them;
📍 Manage inventory
📍 Collect payment
📍 Access financing
📍 Discover retailers
📍 Forecast demand
📍 Coordinate logistics
This is the lesson for anyone building in African informal market.
Don’t ask How do i remove the middleman
Ask, what valuable job is the middleman doing that technology can make easier?
Don’t compete with the market woman, equip her. Build the layer she can’t build herself (credit history, verified supply chains, payment infrastructure, etc).
This is because Africa’s distribution problem was never about apps vs humans. It’s about who controls the trust layer. Build that, not the marketplace.
@blocstreets
The secrets to effective & consistent profitability:
1) Adhere to a simple model.
2) Know what you want to make and it feeds you, leave something on just in case you were wrong about how much more.
3) Don't ask others for opinions, analysis or tips.
4) Manage Risk impeccably - ALWAYS.
5) Don't chase new things after you found your model.
6) Allow others to hold opinions - even if they are diametrically opposed to yours.
7) Unless you run a signal service, keep your opinions to yourself.
8) Make your bread, eat and go live for the day and find ways to bless others with it.
Anything else is BS.
whether you call it an aura, presence, mindset or simply the way you carry yourself, people respond to energy long before they respond to words.
walk into a room with a restless mind and you'll spread restlessness but walk into that same room with conviction and calm, and people feel it before they can explain it. the strongest protection isn't paranoia, it's becoming so grounded that other people's fear, envy and opinions stop deciding how you move.
your greatest shield is a mind that cannot be easily entered and a spirit that cannot be easily shaken.
"If there is one lesson I have learned throughout my journey, it is that success is rarely determined by who starts first or even who starts strongest. More often, it is determined by who remains committed long enough to see their vision become reality."
Ray Kroc, the "founder" of McDonald's as we know it today, said this - "Nothing in the world can take the place of persistence.
Talent will not; nothing is more common than unsuccessful men with talent.
Genius will not; unrewarded genius is almost a proverb.
Education will not; the world is full of educated failures.
Persistence and determination alone are omnipotent."
That quote alone inspired me to pursue entrepreneurship.
One line from Rich Dad Poor Dad has stuck with me ever since I read it:
“The single most powerful asset we all have is our mind. If it is trained well, it can create enormous wealth.”
stop acting like your best days are already behind you. you are not behind schedule, you have not missed your chance. your past mistakes do not get the final say over your future. life can change direction faster than you think. just one opportunity, one decision or one season can rewrite your entire trajectory.
pay solid attention now;
you think wealth is just buying and selling, supply and demand, profit and loss, that is true only at the lower levels.
the kind of wealth you dream about is not governed by transactions alone, there are doors money cannot open by itself. there are rooms where capital is not the highest currency. people who grew up around poverty mistake comfort for wealth cos anything above lack looks like abundance. but there are dimensions of wealth where the rules become less visible.
notice something here; the devil never said, do business with me. he never said, invest with me or transact. he never said, work harder... he said, bow. he said, sell your soul to me.
because beyond a certain point, the question is no longer what you can earn. the question is what you will serve. this is the part many people laugh at cos they think every fortune can be explained by effort, intelligence, networking or luck.
if only it were that simple.
the higher you look, the more you realize that some fortunes are attached to allegiances, convictions and forces that cannot be measured on a balance sheet.. not every throne was purchased, most were inherited, some were granted, most were negotiated for in places no market exists.
look, wealth has levels & at certain levels, spirituality is no longer a side note, it is the price of admission. buena suerte 👍
Success has no formula except for grace. I’ve seen all sorts of people succeed. I have seen hard-working people succeed, and I have seen lazy people succeed. I have seen the truthful win and liars triumph. Seen the poor get rich, and the rich get even richer without explanation.