YOU NEED BIGGER PROBLEMS
Here's a question for you. Would you rather queue for fuel for three hours or brainstorm on a new jet propulsion engine?
If you live in Africa, you've experienced fuel queues at Christmas. Winding lines. The police Hilux that always goes straight to the front. The guys at the side of the road peddling adulterated petrol in jerrycans. And the station attendants drunk on power as they control access to the gate. It's a typical chaotic scene on the continent.
But you willingly queue for your family. Your kids need uninterrupted light this season. The weather has been crazy and everyone's grumpy because of the heat.
Now, cast your mind to an alternative world.
You're spending the same three hours in an air-conditioned co-working space with your team.
You're a venture funded startup, and your colleagues are bad-ass programmers, physicists and mathematicians. You're currently participating in the XPRIZE and excited by the prospect of winning. Even if your team doesn't win, your work will be on the world stage and open up new opportunities.
So, back to my original question. Would you rather queue for fuel or work on a groundbreaking idea?
It's the same three hours spent solving problems. But while one problem drains you, the other energises you.
In 2025, you will not run away from problems. But, you will work on bigger and better quality problems.
Your time will not be spent debating whether you should dig a borehole or well in your compound. Or if you should spend money on a pre-paid meter that ought to be free. You will no longer debate the sanity & character of your leaders or the "anyhowness" of institutions.
Instead, you will be obsessed with growing your business, spending more time with your family, increasing your influence and broadening your impact.
In your new season, you will only go where you are wanted and appreciated. Your relationships will be enriching and your friends will match your energy.
In 2025, you will remember that your brain was created for wonders and your heart was designed to be very kind. Nothing will stop you from attaining your potential, because unusual doors will open for you.
At the end of the year, you will have shown the world what it's like when brilliance meets hard work and good intentions.
As we celebrate a New Year, I wish you a fantastic one. I am rooting for you.
#WakingThoughts
You bring in Expatriates and pay them in USD, give them a car, driver, chef, maid and house in ikoyi
You will employ Nigerians and pay them peanuts for the same role and expect them to have work ethic and not be preoccupied with survival
Radio silence from #mufc early this morning amid enquiry on Tielemans before it emerged. Drastic change of plans after missing out on prime midfield targets. A good player but sense of chaos engulfing United. Missing out on targets, a deal collapsing and moving for older target than intended. Club also denied they had agreed £48m + £2m in add-ons for Andrey Santos last week, only for it to be confirmed the following day.
An investor in an equity market is typically an individual with a long-term investment horizon and the financial capacity to tolerate temporary fluctuations in the portfolio's value.
They typically seek:
✑ Long-term capital appreciation;
✑ Dividend income from fundamentally sound companies;
✑ Exposure to the growth of businesses; and
✑ Active management of valuation and market risks.
The investor understands that an equity portfolio may experience substantial short-term volatility and temporary capital losses.
NDC Service!!!! Surgeon in the day, Honorable at Night.
Please remember me in your prayers. Happy Sunday to u all
Let me dance my victory dance ooo
No be so
This is actually a perfect example of a long term portfolio, out of three, you have 2 laggards and one outsized return.
If you put aside the Twitter investors who always seem to time the market perfectly, this is how investing works.
If you can sustain this momentum, you’ll do very well in this business.
🚨 EXCLUSIVE: Manchester United in advanced talks to sign Youri Tielemans from Aston Villa. All parties in contact as #MUFC try to finalise - 29yo midfielder keen on move. Ederson deal off for now; #MUFC may look to revisit later this summer @TheAthleticFC https://t.co/KbWwD1jxov
Samson (popularly called the Oracle) says he is not confident that popular uprising/revolution has what it takes to change Nigeria
He believes creating a system where the success of the elite is tied to the success of society is what will drive real positive change
Interview by @FranklyBizPod
The truth is, most people wouldn't need a Monaco-level of wealth. But for those who aspire to it and are willing to take it on, kindly walk with me.
Wealth is in stages, and there are figures you can realistically attain with each stage.
$1M - $20M:
Most people are fine with this level of wealth. It guarantees comfort. The most common way of attaining this level of wealth is earning a high income from either employment or a business, delayed gratification, and aggressively investing it in the financial markets.
Some also attain this by working in great companies early on and collecting stock options in them.
$50M - $100M:
You really can't invest your way from 0 to $100million. Even Warren Buffett, our much-acclaimed investor, didn't do that. The most common way of attaining this level is by building a startup which you can sell off, or hold on to as one's net worth is calculated from valuations across funding rounds.
This is what Elon did with PayPal, and it fetched him his first $100million.
If you aren't a founder, being an early employee of a potentially large business could get you this in rare cases.
In general, this works over traditional investing at that level, because entrepreneurship (in this case, ownership) is the greatest factor of production.
$500million:
After making your first $100million, there are various routes to get it to $500million.
At that level, you have the volume advantage. 2x or 5x in any venture fetches you $200million or even $500million. Some individuals look at great businesses trading below their potential and invest in such businesses or acquire a majority stake.
Femi Otedola has chartered a similar playbook.
Building a big company and exiting or retaining could also result in that level or stock options at potentially huge companies.
$1billion and above.
For folks with their first $100million, some have been able to invest in undervalued businesses and ride their wave. Others have used that amount to start up another company, which skyrocketed them to $1billion.
However, again, the most common methodology of attaining this is building a huge business and getting it to scale.
Lastly, you should get yourself into the United States. Though the odds are still low i.e. 0.0003%, you might be among the exceptional few!
Eventually, you might not attain it in your lifetime, but you could build a foundation for your children to attain it. If you aren't poor/from a poor background, that might be your greatest moat.
Stop watching other people’s lives.
Pay attention to your own finances, relationships, health, fitness, and retirement plans. You are the main character in your own life. Focus on that.
A peaceful afternoon in Switzerland 🇨🇭
Enjoying lunch with a view stretching across the mountains toward Italy. Moments like these remind me that wealth is not only measured by what’s in your portfolio, but also by the freedom to slow down, travel, and create lasting memories with family and friends.
Build wealth with purpose.
$Holiday💰
Fellow Nigerians pay attention!!
Listen carefully to Prof Chidi Odinkalu as he hit the nail on the head in respect to the ongoing State Police matter. We want state police but it should be properly structured in the best interest of the citizens. The National Assembly claimed to be representing the people but issues of national importance such as State Police is not critically debated to ensure that the content is for the interest of the people. Nigerians do not have a copy of what National Assembly has done, no national debate or citizen’s consultations. They don’t just value the citizens at all! They no rate us at all!!