Wednesday, 20 January 2016

The Tale of a Start up 1

My company started over 10 years ago after I read "Rich Dad Poor Dad" and the business grew wild, wide and far. I still continued with my paid job side by side; getting the monthly security I trade my 10 hours a day for. Always thinking about ways to improve my business by defiling all traditional business strategy and straight jacket planning, control, decision routine. I want to employ the non-honors grads from the university, who have been rejected by the blue chips and classified and not very bright by the educational system of my country and condemned as not employable by the recruitment system of the corporate world.

I had seen friends, uncles and colleagues groan under the pressure of work and complain about the meagre rewards for all their effort (especially when you work in the finance department and konw how much profit is made) and how capital is hindering the commencement of their businesses but above all the fear of failing at the business itself is enough shackles to keep them at their desk. Keeping the hope of rising through the ladder to earn boutifully like the bosses. It appears even worse if they are married with kids. The need to ensure family is well taken care off and rent payment is not a problem makes them prefer to earn from employment rather than explore the opportunities of been an entrepreneur. Issues of the Nigerian economy and certainty of  uncertain variables kills the little entrepreneurial spirit and hope some may have.

Without jeopardizing the place of experience because some have trodden that part and it has worked for them, in the short run though, defining why you are on a job is critical to making you a success at it or a frustrated employee exuding negative energy and thereby both strangulating your personal joy and denying employer full value for salaries paid. We often hear "you need to learn before you earn" but most often we get carried away with the earnings during the learning phase and end up missing the lessons we are to learn. Just like marriage, no amount of counselling and certifications can make you 100% prepared for the real business world outside the walls of the University. While in an employment it is easy to get sucked into the "rat race" if your desire to be financially independent is not deeply routed in your personal vision and long term objective. If you get fat salaries and pecks, do not be fooled and keep increasing your outflows to match inflow while spending on non-value adding items. Otherwise you will one day realize you were living off your employer and all you were flaunting were not yours but belonged to your position.


It's a shame that my 10 year old business is still in idea in my head. But it must come to life this 2016.

.................................................................................poverty they say is lack of idea not lack of money.

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