Showing posts with label business. Show all posts
Showing posts with label business. Show all posts

Sunday, 6 November 2016

Meet 24-yr-old Nigerian Who Finished Medical School In Europe While Running Four Businesses!


This woman is Dr.Oluwo Adedunmola, a recent graduate of the Medical School at theUniversity of Debrecenin Hungary.Throughout her 7-year sojourn learning the healer’s trade, Dedun maintained four businesses all by herself and still managed to avoid academic failure.

Now we all know Medicine is not an easy course of study – by any stretch of the imagination. But to combine that with running four businesses in a foreign country and still managing to succeed at both is just something of dreams.Dedun runs Dedun’s Cakes, a four-year-oldcake and pastry company; Hair by Dedun, asix-year-old hair styling business that caters to every hair texture ;DedunCooks, a six-year-old Nigerian food catering business, and Belle Artistry by Dedun, a new beauty-focused business she started earlier in 2016. Apart from all of this, she also runs an inspirational blog and aYouTubechannel –talk of being versatile.

Through her businesses, Dedun was able to live non-dependent on her retired single motherand she was still able to make and save enough to pay for her Masters which she would be starting next month at the Rome Business Schoolin Italy.“I was miraculously able to combine all these without repeating a year in the 7 years of Medical school while achieving utmost financial independence from my retired single mum. I was able to make and save enough to pay for my Masters which I’m starting next month at Rome Business School, Italy.

I’m sharing my story to inspire others that it doesn’t matter what your situation is, you can always challenge yourself to achieve great things whether you are a 17-yr-old (like I was when I started) or older,» says Dedun.I am already inspired and if you are reading this, you should be too. These days we don’t hear of young people like this accomplishing such remarkable feats anymore. This woman should serve as an inspiration for everyone still sitting on their asses instead of going out and making theirown path in the world.

Dedun’s message is simple: No matter what you are facing or your current circumstances in life, you can always push yourself to achieve great things regardless of your age – and I agree with her.

Wednesday, 2 November 2016

75 IMPECCABLE SMALL BUSINESS ADVICE FROM 39 BILLIONAIRES


Richard Branson – Virgin Group
1. “ As much as you need a strong personality to build a business from scratch, you also must understand the art of delegation. I have to be good at helping people run the individual businesses, and I have to be willing to step back. The company must be set up so it can continue without me.” – Richard Branson
2. “ To be successful, you have to be out there, you have to hit the ground running, and if you have a good team around you and more than a fair share of luck, you might make something happen. But you certainly can’t guarantee it just by following someone else’s formula. ” – Richard Branson

Ingvar Kamprad – IKEA
“Waste of resources is a mortal sin at IKEA.” – Ingvar Kamprad
4. “Ten minutes are not just one-sixth of your hourly pay; ten minutes is a piece of yourself. Divide yourself into ten units and sacrifice as few of them as possible in meaningless activities. Most things still remain to be done.” – Ingvar Kamprad

Carlos Slim Helu – Telmex Corporation
5. “ When there is a crisis, that’s when some are interested in getting out and that’s when we are interested in getting in. ” – Carlos Slim Helu

Aliko Dangote – Dangote Group
6. “To succeed in business, you must build a brand and never destroy it. One competitive advantage I had when I ventured into manufacturing was my brand “Dangote,” which I diligently built in the course of my trading commodities.” – Aliko Dangote
7. “Manufacture, don’t just trade. There is money in manufacturing even though it is capital intensive. To achieve a big breakthrough, I had to start manufacturing the same product I was trading on; which is commodities.” – Aliko Dangote

Oprah Winfrey – Harpo Studios Production
8. “Think like a queen. A queen is not afraid to fail. Failure is another stepping stone to greatness.” – Oprah Winfrey
9. “Follow your instincts, that’s where true wisdom manifest itself.” – Oprah Winfrey
Orji Uzor Kalu – Slok Group

10. “A good businessman must have nose for business the same way a journalist has nose for news. Once your eyes, ears, nose, heart and brain are trained on business, you sniff business opportunities everywhere” – Orji Uzor Kalu
11. “A good businessman sees where others don’t see. What I see, you may not see. You cannot see because that is the secret of the business… the entire world is a big market waiting for anybody who knows the rules of the game.” – Orji Uzor Kalu

John D. Rockefeller – Standard Oil
12. “There’s no mystery in business success. If you do each day’s task successfully and stay faithfully within these natural operations of commercial laws which I talk so much about and keep your head clear, you will come out all right.” – John D. Rockefeller
13. “The ability to deal with people is as purchasable as a commodity as sugar or coffee and I will pay more for that ability than for any other thing under the sun.” – John D. Rockefeller

Bill Gates – Microsoft
14. “The most meaningful way to differentiate your company from your competitors, the best way to put distance between you and the crowd is to do an outstanding job with information. How you gather, manage and use information will determine whether you win or lose.” – Bill Gates
“You’ve got to give great tools to small teams. Pick good people, use small teams and give them great tools so that they are very productive in terms of what they are doing.” – Bill Gates

Larry Ellison – Oracle
16. “If your cash is about to run out, you have to cut your cash flow. CEOs have to make those decisions and live with them however painful they may be. You have to act and act now; and act in the best interest of the company as a whole, even if it means that some people in the company who are your best friends have to work somewhere else.” – Larry Ellison
“When you innovate, you’ve got to be prepared for people telling you that you are nuts.” – Larry Ellison
J. Paul Getty – Getty Oil
18. “The man who comes up with a means of doing or producing almost anything better, faster or more economically has his future and his fortune at his finger tips.” – J. Paul Getty
“In times of rapid change, experience could be your worst enemy.” – J. Paul Getty

Warren Buffett– Berkshire Hathaway
20. “In the business world, the rear view is always clearer than the wind shield.” – Warren Buffett
21. “Somebody once said that in looking to hire people, look for three qualities; Integrity, intelligence and energy. If they don’t have the first, the other two will kill you. You think about it; it’s true. If you hire somebody without the first, you really want them to be dumb and lazy.” – Warren Buffett

Henry Ford – Ford Motor Company
22. “The competitor to be feared is one who never bothers about you at all but goes on making his own business better all the time.” – Henry Ford
23 .”A business absolutely devoted to service will have one worry about profits. They will be embarrassingly large.” – Henry Ford

Henry Ross Perot – EDS
24. “Business is not just doing deals; business is having great products, doing great engineering and providing tremendous service to customers. Finally, business is a cobweb of human relationship.” – Henry Ross Perot
“If you see a snake, just kill it. Don’t appoint a committee on snakes.” – Henry Ross Perot

Ted Turner – CNN
26. “Do something. Either lead, follow or get out of the way.” – Ted Turner
27. “ Managing isn’t that difficult, you just have to score more runs than the other guy.” – Ted Turner

Michael Dell – Dell Inc
28. “ Don’t spend so much time trying to choose the perfect opportunity, that you miss the right opportunity.” – Michael Dell
29. “Recognize that there will be failures, and acknowledge that there will be obstacles. But you will learn from your mistakes and the mistakes of others, for there is very little learning in success.” – Michael Dell

Steve Jobs – Apple Inc
30. “Innovation has nothing to do with how many R&D dollars you have. When Apple came up with the Mac, IBM was spending at least 100 times more on R&D. It’s not about money. It’s about the people you have, how you’re led, and how much you get it.” – Steve Jobs
31. “To turn really interesting ideas and fledging ideas into a company that can continue to innovate for years, it requires a lot of disciplines.” – Steve Jobs

Donald Trump – Trump Organization
“Experience taught me a few things. One is to listen to your gut no matter how good something sounds on paper. The second is that you are generally better off sticking with what you know and the third is that sometimes, your best investments are the ones you don’t make.” – Donald Trump
33. “It pays to trust your instinct.” – Donald Trump

Jeff Bezos – Amazon
34. “If you’re not stubborn, you’ll give up on experiments too soon. And if you’re not flexible, you’ll pound your head against the wall and you won’t see a different solution to a problem you’re trying to solve.” – Jeff Bezos
35. “Things never go smoothly.” – Jeff Bezos

Sam Walton – Wal-Mart
36. “ The secret of successful retailing is to give your customers what they want. And really, if you think about it from the point of view of the customer, you want everything: a wide assortment of good quality merchandise; the lowest possible prices; guaranteed satisfaction with what you buy; friendly, knowledgeable service; convenient hours; free parking; a pleasant shopping experience. ” – Sam Walton
37. “ Appreciate everything your associates do for the business. If people believe in themselves, it’s amazing what they can accomplish. ” – Sam Walton

J. K. Rowling – Harry Potter Series
38. “Never be ashamed! There’s some who will hold it against you, but they are not worth bothering with.” – J. K. Rowling
39. “Anything is possible if you’ve got enough nerve.” – J. K. Rowling

Ray Kroc – McDonald’s
“If you’re not a risk taker, you should get the hell out of business. ” – Ray Kroc
41. “ When you’re green, you’re growing. When you’re ripe, you rot. Are you green and growing or ripe and rotting? ” – Ray Kroc

Mark Cuban – Broadcast.com
42. “ Do your homework and know your business better than anyone. Otherwise, someone who knows more and works harder will kick your ass.” – Mark Cuban
43. “ Make your product easier to buy than your competition, or you will find your customers buying from them, not you. ” – Mark Cuban

Larry Page – Google
44. “ But you don’t need a huge company, just a computer and a part-time person. So you don’t need to have a 100-person company to develop that idea. You can do it in your spare time, you can really work on ideas and see if they take off — rather than trying to raise tons of money, millions of dollars for an idea that may or may not work. And once you have the product and people are using it, it’s very easy to raise investment. ” – Larry Page

John Johnson – Johnson Publishing
45. “ My management style is based on the art of communication. For communication is an art, not a science. It is an emotion, not a statistic. And the best communicators know instinctively that to communicate effectively you must bypass intellectual centers and tap into the deepest fears, hopes and emotions of your audience. ” – John Johnson
46. “ I’m convinced that the only way to get ahead in this world is to live and sell dangerously. You’ve got to live beyond your means. You’ve got to commit yourself to an act or vision that pulls you further than you want to go and forces you to use your hidden strengths.” – John Johnson

Li Ka Shing – Hutchison Whampoa
47. “ Broaden your vision, and maintain stability while advancing forward. That is my philosophy.” – Li Ka Shing
48. “ Businessmen must move with the times…the correlation between knowledge and business as the key to success is closer than ever. ” – Li Ka Shing

Mukesh Ambani – Reliance Group
49. “I think that our fundamental belief is that for us, growth is a way of life and we have to grow at all times.” – Mukesh Ambani
“The organizational architecture is really that a centipede walks on a hundred legs and one or two don’t count. So if I lose one or two legs, the process will go on and the growth will go on.” – Mukesh Ambani

Philip Knight – Nike
51. “Good campaigns define who you are. We have to get consumers’ attention. We don’t have six months to check with focus groups.” – Philip Knight
52. “Our job is to wake up the consumers. If we become predictable, that’s not waking them up.” – Philip Knight

Pierre Omidyar – E-Bay
53. “ Build a platform – prepare for the unexpected…you’ll know you’re successful when the platform you’ve built serves you in unexpected ways.” – Pierre Omidyar
54. “Be an enzyme – a catalyst for change. As a slogan, I don’t know if that’s ever going to be right up there with Ich Bin Ein Berliner, or “I Have A Dream,” but there’s a lot of truth to it.” – Pierre Omidyar

Ralph Lauren – Polo
55. “ Your vision is very important. You should know whom you’re selling to, what your marketing and advertising says about you, and whom it’s speaking to. Me personally, I don’t try to please everyone. I understand who I am selling to and I work towards that vision all the time. ” – Ralph Lauren
56. “ It’s about broadening your scope through history and living your life. Tune in and pay attention. ” – Ralph Lauren

Rupert Murdoch – Fox Broadcasting Corporation
57. “ In motivating people, you’ve got to engage their minds and their hearts. I motivate people, I hope, by example – and perhaps by excitement, by having productive ideas to make others feel involved. ” – Rupert Murdoch
“The world is changing very fast. Big will not beat small anymore; it will be the fast beating the slow. ” – Rupert Murdoch
Craig Newmark – Craiglist
59. “ Sometimes you gotta be fast so you don’t waste the time of others. ” – Craig Newmark
60. “ Follow through with basic values, and remember to provide good customer service. ” – Craig Newmark

Dave Thomas – Wendy’s
61. “ What do you need to start a business? Three simple things: know your product better than anyone. Know your customer, and have a burning desire to succeed. ” – Dave Thomas
62. “ Take care of your business and your business will take care of you. ” – Dave Thomas

Gerry Schwartz – Onex Corporation
63. “ We’ve got customers. We’ve got suppliers. We’ve got employees. We’ve got unions. We’ve got communities. We’ve got all of these things that go into making up whether a business succeeds or fails. ” – Gerry Schwartz
64. “ Investments are like trains, and if you miss one, don’t worry because another one will come down the line. ” – Gerry Schwartz

Walt Disney – Disney
65. “ You are dead if you aim only for kids. Adults are only kids grown up, anyway. ” – Walt Disney
66. “Tomorrow can be a wonderful age.” – Walt Disney

Barry Diller – Expedia
67. “The world is changing. Networks without a specific branding strategy will be killed. I envision a world of highly run companies without room for all the overhead the establishment networks carry.” – Barry Diller

Giorgio Armani – Armani
68. “ Remember that, in the end, the customer doesn’t know, or care, if you are small or large as an organization – she or he only focuses on the garment hanging on the rail in the store. ” – Giorgio Armani
69. “ In this business you can’t have a destination, an arrival point. Otherwise your competitors will overtake you, or you become complacent. ” – Giorgio Armani

Craig McCaw – McCaw Cellular
70. “Changes occur because there’s a gap between what is and what should be.” – Craig McCaw
71. “Filling a need that others aren’t addressing has always been a focus of the companies that I have been involved with.” – Craig McCaw

Leslie Wexner – Limited Brands
72. “We are poised for accelerated future growth and we need the depth and breadth of leadership to achieve it.” – Leslie Wexner
73. “Express is well into the process of substantial transformation and is providing itself as a significant dual gender, high quality apparel brand. While much work needs to be done, we believe the opportunities for growth across our brand are significant.” – Leslie Wexner
Carl Icahn – Billionaire Investor
“In life and business, there are two cardinal sins. The first is to act without thought and the second is not to act at all.” – Carl Icahn
75. “You learn in this business; if you want a friend, get a dog.” – Carl Icahn

Thursday, 27 October 2016

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Friday, 14 October 2016

MEET 30-YEAR OLD NIGERIAN TECH ENTREPRENEUR THAT MAY RUN APPLE OUT OF BUSINESS IN AFRICA!


A 30-year-old Nigerian phone entrepreneur by the name of Michael Akindele has been making great strides in the mobile device market — so much so, that he has been challenging tech giants such as Apple. The company, SOLO Phone, was started in 2012, and Akindele serves as director and co-founder. The company is aimed at delivering mobile solutions, services, and platforms to consumers all at a reasonable price.

The company’s smartphones are priced at $150 and come with up to 20 million free songs licensed by Sony, Universal, and Warner. Its latest release is an app named Video-On-Demand, available to all Nigerians with an Android device and makes available Nollywood and Hollywood movies. SOLO Phone is making strides in the market and can definitely challenge other giants within the market, believes Akindele.

Akindele was born in the United States to Nigerian parents on Aug. 29, 1984. He returned to Nigeria at two-years-old but returned to the states ten years later. He was educated at Alexandria, Virginia and graduated from T.C. Williams High School, and then moved on to George Mason University in Fairfax. While at George Mason, he earned a Bachelor of Science degree with a focus on computer science and information technology. This gave him the ideal background, knowledge, and platform to building his company.
His work as a technology consultant at Accenture also helped him to gain first-hand knowledge in his field. This is where he started working on “The Apprentice: Africa,” which was the American version of Donald Trump’s “The Apprentice.” He returned to Africa in 2007 to help produce, develop, and distribute the show, which gained a huge following in Nigeria, Uganda, Ghana and Kenya during the 18 weeks it was aired on the continent.
Before SOLO Phone, he had a company called Fusion Mobile, but it did not last very long because of a lack of funding and persons not believing in an African manufacturing phone company. Adlevo Capita, however, changed all that in 2013 when they partnered with Akindele. This led to the birth of SOLO.

Tayo Ogundipe is a telecom specialist who led the push to develop the company and has experience working with companies such as Sony Ericsson and HTC. His experience led to the realization of SOLO on Nov. 22, 2013. Since then, the reception from the public has been tremendous, as they seek to provide experience-driven and strong digital content to both the young and the old. What has been keeping consumers interested and has set SOLO apart from others in the market is the high content and services it provides at such an affordable price.

Friday, 23 September 2016

Wow, 11 WAYS YOU CAN MAKE MONEY WHILE YOU SLEEP

Do you remember in the past we were warned to be careful about being in debt because interest never stopped charging us, interest never slept, never took a day off, never took a holiday. Well the reverse is true, as well.
Is your money making money while you sleep? Does it sound too good to be true? Since we still live in the age of the interest, it’s not that difficult to earn extra money on the side.
With that in mind, here are 11 ways that you can actually earn money while you sleep.
1. Start a blog.
Perhaps the most popular way to earn a passive income is by launching your own blog. It only takes a couple of minutes to setup and is cheap to start - just purchase your domain name and pay for hosting.
After that, start creating amazing content that people would be interested in reading or sharing. For example, if you’re an accountant that has helped small business owners with their taxes, then that could be your blog. I personally have my invoicing blog to help customers know everything there is to know about invoicing. This draws thousands of signups a month.
Make sure the topics you write about are popular. If you still love your pet rock, I doubt there would be enough people visiting your our site to monetize it. But, you never know.
Once you’ve gained a following, you can start making money from of your blog by:
-Earning commissions as an affiliate. This is where you push other people’s products or services on your site. Make sure these products or services are relevant to your blog. For example, that accounting blog could become an affiliate for accounting or invoicing software. Once you find an affiliate partner you’ll be given a unique code so that whenever a visitor clicks that link on your site you’ll earn your commission.
-Sell-advertising. If you’re site has the traffic to become an affiliate, then it may also be good enough for advertisers to purchase ads on your site. You may start off small, like making under $20 per ad. But, you may eventually be able to charge triple digits. Again, you site must be quality.
-Find sponsors. This is slightly different than just selling ads on your site. Sponsorships may be a one-off piece of sponsored content or permanent logo embedded in your footer.
2. Sell your own information product.
If you’re knowledgeable in a certain area, then you can start creating products, such as eBooks or videos, and selling them on your blog. It may take a lot of work to create and market your products, but once all the leg work is over, you can just set back and collect the proceeds.
3. Earn royalties.
If you’re a talented musician, actor, or author, then you could earn royalties from your work. In other words people will pay you for using your work or creative assets.
If you aren’t talented enough, but still interested in earning royalties, then check out Royalty Exchange . It’s a marketplace where you can buy and sell royalties.
4. Create a membership community.
If you’ve proven yourself to be a authority figure, then you can create a membership community where you pay a monthly fee to receive additional high-quality content and information that’s not available to non-members.
One of my favorite examples is Timothy Sykes who makes more than $100,000 per month in passive income through his membership community which discusses how people can make money in trading penny stocks.
5. Install an autoresponder.
Another common online business model is using autoresponders to sell services, products or memberships. This is where people leave their email address on your site and then they’ll receive an automated email containing the link to download products or quality information you have to offer, as well as follow-up with a series of emails.
You’ll a need service like OptinMonster to make this possible. I also recommend you read this Quick Sprout guide to get started with autoresponders.
6. Flip websites.
If you’ve put in the time and effort in building a website and you have gained a lot of traffic, then you may be able to sell it to an interested party by listing on marketplaces like Flippa. I've bought and sold a lot of sites here and made a lot of money.
7. Sell physical products.
Just like with a blogging site, there are several ways to earn a passive income by selling physical products. Probably one of the best known ways is by selling your old junk on eBay. But even if you don’t have anything left to sell you can start drop shopping. This is where you sell products for a company on eBay or Amazon and they’ll take care of the rest - including shipping.
You can also launch your own eCommerce store by using Shopify. They literally give you everything you need to sell products online from a complete online shop to including buy buttons on your social media channels.
8. Invest in stocks or shares.
When you invest in stocks you become a stakeholder. That entitles you to a share of their profits. Investing in stocks has been a popular way to earn a passive income for years, and thanks to the internet, it’s easier than ever to research and invest in stocks on your own.
Keep in mind that the stocks you invest in can change throughout the various stages of life. For example, I look for investments that can benefit my daughter, such as a CA529 plan that will go towards her college tuition .
9. Peer-to-peer lending.
Companies like LendingClub , Propser , and Harmoney have created a new industry where anyone can become a lender. They will then match you with a consumer who either prefers or has trouble securing a loan from a bank. You can earn a higher interest rates on the loans you issued since you’re dealing directly with the borrower.
10. Rent out property.
Thanks to Airbnb, you can rent out your home while on vacation or your vacation home when not in use. You can also rent out your garage, parking space, or unused office space. It’s a nice supplemental income without really doing anything except placing an ad.
11. Hire a middleman.
This is also known as arbitrage and is basically where you have someone else do the work for you. For example, you could start a dog walking service or web design firm, but outsource the actual dog walking or coding to someone else. You’re much better doing anything except being the middleman who is in charge of marketing these services.

Wednesday, 21 September 2016

Wow! From Tea Boy to a Millionaire. Check his secret


   

A college student made a thousands of pounds trading from his bedroom while working part-time shifts at McDonald’s.

Robert Mfune was just 16 when he learned the basics of binary trading by running errands at a finance firm after classes.

He started trading from his home in Southampton aged 17 and had made enough money to buy a £130,000 Bentley by the time he passed his A-Levels.

Mr Mfune has now bought his mother a £130,000 house and a car – and is a millionaire before turning 20.

The businessman said:  ‘Going to college, working at McDonald’s and as a tea boy and trading from home was the toughest time of my life.

Mother Susan said she was ‘very proud’ of her son, pictured together
‘It’s just like going to uni with the fees you pay and loans you take out, if you’re going to make it big you’ve got to suffer for a few years.’

The success started with an after-college job at a finance firm, where Mr Mfune learned the ins and outs of the industry.

He said: ‘When I was a tea boy I got to learn a few things as I was always with well informed people, from the things I learnt I went home and did my own research.’

At 17 he started trading from home, setting up an account under his mother’s name to work around regulatory age restrictions – all while working at McDonald’s and studying for his A-Levels, which he passed with AAB grades.

A mentor helped the entrepreneur set up his own account when he turned 18, which he now uses to continue to grow his fortune.

He said: ‘I’ve bought my mum a car because I didn’t want people seeing my mum getting a bus when I’m earning a good amount. Then the next step was to get her a nice place so I bought her a house.’

Mr Mfune has also invested his money in coffee shops and houses in England and property in his home country of South Africa.

He also owns a £250,000 fleet of cars, including a Range Rover and his gold-coloured Bentley continental GT, but insists he is not materialistic.

He said: ‘It’s fun, it’s nice to have nice cars but I don’t value them as much as people who see me driving a gold car, it’s just a bonus, I’m more about family, friendship and love.

‘My goal is to make is to make people happy. I’d like to make sure everyone has got what they need and that’s me done.’

credit – dailymail.co.uk

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