Paul Onwuanibe of Landmark Africa Group, reveals how he flew all his staff to Dubai so they could understand his vision for the company.
There were more than 100 staff who made the trip. They spent over a week there.
When they returned to Nigeria, the company grew rapidly.
"You sound intelligent but you are not making intelligent decision"
Brutal but truth. How can you take a loan of 50m with 96% interest? How do you sleep with your eyes closed, bro? Are you MA|}?
Thankfully he got rescued but at the loss of 50% stake if the business.
Just one boat. The other is faulty and needs about 20m revamping fund.
Without that offer, the business is bankrupted already. He's a bad decision maker and he put himself in this mess.
@Cryptic_P@benefit2cryp Capital = 100% of equity.
Debt = 0
In this case your WACC will be your desired or required return on equity.
For exam you'd imagine if you put your money in another investment, what percentage would it be yielding for you? Pick up a desired return %
Viola, that's your WACC.
Dear Blessing,
I just came across your tweet, and it truly inspired me.
To graduate with a First Class in Mathematics from UNILORIN and then earn a fully funded Master's admission in Italy is an extraordinary achievement. You have demonstrated excellence and the promise that exists in so many young Nigerians.
No young person who has worked this hard should have such an opportunity limited by the cost of getting there. It would be my privilege to support your journey by covering what is left in the cost of your relocation.
@nancy_i_i from my office will reach out to you today.
Congratulations once again. Go, excel, and continue to make Nigeria proud.
USA 94
Debutant Nigeria topped a group that had Maradona's Argentina (finalist in Italia 90) and Bulgaria that eventually got to semi final.
Argentina qualified as best losers but knocked out by Romania in Round of 16.
Romania was a decent footballing nation in the 1990s. Wonder how no one reckons with them again.
I Became Rich by Luckโ Billionaire Businessman Tony Elumelu
Tony Elumelu, Chairman of Heirs Holdings and founder of the Tony Elumelu Foundation, has stirred conversations online after stating that luck played a major role in his rise to wealth.
Speaking during an interview with YouTuber Korty EO, the billionaire businessman said success is not always determined by intelligence, hard work, or strength alone, noting that luck can sometimes be a crucial factor.
Elumelu acknowledged that he worked diligently throughout his career in the corporate sector but maintained that fortune also contributed significantly to his achievements.
He further encouraged aspiring entrepreneurs to stay focused and resilient, stressing that challenges are an inevitable part of the journey to success. According to him, consistency, determination, and a strong work ethic helped him navigate obstacles and build his career.
โI am here because of luck. At times, you donโt become successful because you are the smartest, strongest or most energetic. Sometimes, luck plays a role, and I am a product of luck,โ he said.
His remarks have since generated mixed reactions, with many expressing surprise that a businessman widely admired for his hard work and accomplishments would credit much of his success to luck.