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Make that Money Now

There are several links on this page that links you up with money more than you can ever think...just look around those ads and click.

Visit regularly for more posts like these.

Cheers

March 27, 2008 | 3:03 AM Comments  0 comments
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Make Real Money Online

It will always seem like a dream, but here is the real deal - You can use google to make money online without shedding a tear. Before now I have always believed that it was not real, until I met this friend of mine during a workshop. He told me how he makes a minimum of a hundred dollars a month for just posting links, people click and he makes cool cash.

I was dazed when he told me how he travels within Nigeria by flight and pays for his studies abroad and bla bla. He told me to keep in touch as we would link me up, but I refused to budge and so he shared that all I should do is post and when people click I will be credited with money that will come to me in real check...you wont believe it.

Check this page for more details...soon

March 26, 2008 | 5:03 AM Comments  1 comments


Training and Trade

07 March, 2008 01:00:00 JUDE NDU

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The most important business advice he received early in his career was when he was just 20, and only three weeks into his first real job as foreign affairs and business editor of the largest circulation afternoon newspaper in Frankfurt, Germany. He brought his first two editorials to the editor-in-chief, a German, who took one good look at them and threw them back at him. They are not good at all. Drucker, if you don't improve radically within the next three weeks, you had better look for another job'. Remember he had only been on the job three weeks. Drucker later remarked in an interview with a reporter, 'for me, that was the right treatment. He did not try to mentor me. The idea would have been considered laughable at that time. The concept of mentoring was post World War II. In those days before World War II, you were hired to do a job, and if you didn't do it, you were fired there and then. It's very simple, 'either get good -or get out'.
Training, this is the trademark and the trade secret of world-class champions from all walks of life particularly in the field of sports and business. According to George Clason, in his classic book -The Richest Man in Babylon -as a man perfecteth himself in his calling, his craft or vocation, even so doth his ability to earn increases. In those days when I was but a humble scribe carving upon the clay for a few coppers each day, I observed that other workers did more than me and were paid more. There and then I determined that I would be exceeded by none. Nor did it take long for me to realise the reason for their greater success. More interest in my work, more concentration upon my task, more persistence in my effort, and behold, few men, very few could carve more tablet in a day than I. With promptness, my increased knowledge, skill and productivity was rewarded, nor was it necessary for me to go to my boss six times to ask for a raise. A lowly company clerk walking past the president's office may see a man just sitting in a chair, hands behind his head and starring at a blank wall. The clerk who feels pressured every minute of the day with work to do may wonder what the hell the president does to earn the kind of money he takes home. Are companies presidents worth the huge salaries paid them? My answer would be yes.
The leader hasn't simply practised his vocation or profession, he has mastered it. He knows and has learned everything there is to know about his profession and then surrendered to it. He has become one with it. But such mastery requires absolute focus and concentration, a full deployment of yourself. Becoming an industry leader isn't easy, whether in the writing profession, as a business consultant, e.t.c. anyone who claims otherwise is not wise but fooling himself. As a professional leader, competence is important; a true sense of mastery of the job at hand. The path to self mastery is built on an unrelenting practice, practice, practice. Whether it's in sports, music or creative arts, those we call masters are shamelessly enthusiastic about their calling. They are willing to take chances, to play the fool. It is said that the most powerful learning is that which is most like play. The achievement of mastery in any field requires months and years, yes, years of training and hardwork on yourself and on the job. Every great success was preceded by long period of years of concentration. According to Brian Tracy, it will take about five to seven years to master a particular craft. Even witchcraft takes years for a witch to master. O.G Mandino, an award winning author of many books that have sold in their millions of copies, said that people tell him his books are so easy to read. He often replies them that the reason they are so easy to read is because they were so hard to write. He would write and rewrite a single paragraph as many as fifteen times so that it flowed smoothly from one page to another for the reader.
Keep practising and perfecting your skills at every opportunity. Practice, they say, makes perfect. For the purpose of this material, a new approach to practising and perfecting your skills is in the use of visualisation and guided imagery. Clinical and experimental psychologists have proved the human nervous system cannot tell the difference between an actual experience and one that is vividly imagined. This means you can learn and unlearn physical and mental skills by practising them in your mind .The advantage of using imagination are that you'll never practice the wrong motion. The use of visualisation and guided imagery is now standard and universally used in sports and trainings at Olympic camps. Many famous sports athletes used visualisation and meditation even before the concept became popular. We have often heard stories of Olympic athletes who have spent years in vigorous training and preparation for a one day event. They mentally rehearse their performance, envisioning over and over again the details of execution. They create in themselves the strength to compete successfully. Competition is the driving force of survival. The field of evolutionary psychology has taught us that competition between individuals and groups is what naturally selects winners from losers in society. The makeup of the average individual is to survive competitively. The worlds wealthiest are the greatest competitors. Success and survival are all wrapped up in the ability to compete and dominate.
Golf champ, tiger woods is a text book example of what it takes to be great. Because the father introduced him to golf at an extremely early age-18 months, and encouraged him to practice intensely. Woods had put in at least 15 years of practice by the time he became the youngest ever to win the United States amateur golf championship at age 18. What makes tiger woods great? Woods never stopped trying to improve himself. He was always in the 'woods' devoting hours to practice and even remade his swing twice because that is what it takes to get better. Research now shows that natural talent is irrelevant to greatness. The secret is a painful and demanding practice sessions and hardwork. You will only achieve great success through an enormous amount of hardwork over many years. The world's premier investor, warren buffet for instance is famed for his discipline and the hours he spends studying financial statements of certain investments. In virtually every field of human endeavour, most people learn very quickly at first, then more slowly, and stop developing altogether. Yet a few do improve for years and go on to succeed greatly. Why? How are certain people able to go on improving? Many great sports performers are legendary for their brutal discipline of practice sessions.
But this discipline is not only limited to sports. It has been used successfully by me in improving my writing skills, public speaking skills, job interviews and in selling my self and ideas to prospects.
The largest room in the world is still the room for self improvement. I was recently reading through The Toyota Way, the company's corporate philosophy which incorporates the spirit of Kaizen -a Japanese term for continuous improvement approach. The Toyota Way, for the records reads "perseverance is power at Toyota and we always work with this in mind. We believe that effort in itself does not guaranty progress. Our achievements over the years have shown us that perseverance, creative spirit and continuous improvement reap rewards". The quality revolution in the United States started in Japan and has since transformed the way business is conducted. After World War II, Japan was devastated and their economy left in ruins. Their very first attempt at recovery led to the production of cheap products, especially for exports to the United States. These early products dumped into the U.S market were of such poor standard that they were labelled "Jap scraps". But during the same period in the 1950s, an American management consultant -W Edward Demings visited Japan to advise them on quality control measures to improve their quality of manufacturing. The Japanese welcomed Deming's ideas and business philosophy with much enthusiasm that he lived the next few years of his life there.Demings originally introduced the concept of continuous improvement that came to be popularised as the Kiazen Principle or method of management.
Do not expect to become a market leader unless you are really more informed. Increasingly the most important class distribution in every economy is not the ownership of land or wealth, but the ownership of information.
The key to making a successful career out of your trade is knowledge and continuous education. Do not expect to become an industry leader unless you are really more informed. Remember, leadership develops daily, not in a day. As I close this chapter, never forget that the quality of a person's life is in direct proportion to their commitment to excellence regardless of their field of career. Man is born free, but you cannot have true freedom without financial freedom. Freedom may be free but it comes with a price. Knowledge is the price. But knowledge does not come easy; investments have to be made to extract it. The applications of knowledge are at the core of today's technological revolution and have been instrumental in the growth of economies in more advanced societies. KNOWLEDGE RULES THE WORLD

March 25, 2008 | 8:03 AM Comments  0 comments
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Nigeria Youth Stakeholders Forum
Translations available in: English (original) | French | Spanish | Italian | German | Portuguese | Swedish | Russian | Dutch | Arabic

I have spent three days so far with young men and women from various Nigerian States to look again at President Umaru Musa Yar'Adua's 7 plus 2 Agenda for making Nigeria one of the world's leading economy by 2020.

We have not had any serious time out, its been work, work and work and guys, I am loving it.

Two issues have so far been selected from the Seven Point + Plus 2 Agenda, we choose, Wealth Creation and Food Security & Agriculture, so as to have a firm focus on what to monitor and evaluate vis-a-vis Policy and Research, Corruption, Media, Niger-Delta.

At this point, we are taking briefing on the Action Plan for all to take home and implement as concluding part of the workshop...though in its draft, I will later put on full details.

Lest I forget, today is the last day.

SunnyBits

March 21, 2008 | 10:04 AM Comments  0 comments
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Starting a Business – Realistic Things To Check

After Tony’s discussion with Shina, the tycoon, he decides to adopt a more realistic approach to his plans to launch his own business. Tony has come to realise that leaving paid employment to go into self-employment should not be done simply out of enthusiasm. Starting a successful business that would stand the test of time has to be done systematically. Lots of brainstorming, planning, verification of facts and speculations have to be done.

The market
Tony gets a reputable consultant. He needs a realistic overview of the market for his products. He wants to know the extent of the local, national and international market for his product. Paying a consultant is eating into his savings. But paying a lifeguard is so much better than drowning in the unexplored waters of self-employment, he tells himself.
However, Shina’s advice is that he must not leave everything to the consultant to do. He says, “Some people fail in business because all the planning for the business they are to run was done for them by consultants. You are going to drive your business. The consultant should simply be a guide or instructor and not the person at the steering.”

Competitors
With the consulting firm’s assistance, Tony finds out the existing competitors in the field he wants to enter. He also has information on what each one is offering. He then asks, “What can I offer that they are not offering? Many of them are quite big; I could get partners and come into the market as a giant. On the other hand, I could come in as a small player. If so, being a small player also has certain advantages.” He decides to identify them and enter the market with such superior customer satisfaction.

Target/market size
Working with his consultant, they estimate the market size that he could realistically capture. They are able to do financial projections of the money needed especially at the take off point. Knowing the capital he needs gives Tony some measure of relief. He does not have that much but he is certain he can get enough to make up for the rest from his family members.
The consultant advises that if he does not get the remaining balance, then they could rework the plan. He can produce fewer quantities initially. The production costs would be a bit higher as they would not be taking advantage of economies of scale. But reinvesting the profits until his capital gets to the point they projected would bring in the benefits of economies of scale.

Location
A good location for production with proximity to the customers is good, he is told. Tony, in his usual exuberant manner wants to set up a superb office beside the factory. The cost of setting up the office is so huge. He believes he could get the funds.

Product quality
Shina tells him, “Even if the money is a gift and not a loan from someone, target it towards getting customers. Getting customers is more important than getting a superb office except the nature of the business is such that a superb office would attract customers. That is for those in service business that customers have to come to the office regularly.
But for someone producing goods, the quality of the goods mean more to the customer than your beautiful office. Someone said, ‘The experience of a bad product lasts longer with the customer than the satisfaction the producer deprives from making extra money producing sub-standard products. So much more resources should be channelled towards producing quality goods or services. Afterwards, you can invest in a superb office.” Tony tells the consultant what Shina told him about the office. She agrees.

Hitting the market
Shina also tells him, “No matter how great the products are, if they are not consistently demanded by customers, the business will sink. That also goes for those in service business. Quite often though, the risks in the service businesses are lower than in manufacturing.” Tony has to find out how he is going to reach his target(s) at the least possible costs.

Product type
Tony keeps paying visits to Shina. Thankfully, Shina is always willing to give free what he pays consultants for. For anyone who is interested, there are always successful people willing to share their knowledge.

Shina asks him about his product type. He says this is very important. This is because some products can saturate a market. He continues, “Some products make an entry into a market, their manufacturers and suppliers make huge sums of money but if new markets are not captured, demand reduces.

This is because the type of product is such that the demand is a one-off thing for most individuals. Even when the customer comes back for a repeat purchase, it might be several years later. Such products include heavy capital goods such as houses, personal computers; cookers etc.” He continues, “If you want to continue to operate in a particular market segment, then you have to have an accompanying product or service that would ensure your customers keep patronising you. For instance, phone companies do not just sell their lines; they sell recharge cards and provide other accompanying services.
Food business thrives because no matter the quantity of food consumed, people still need to continue feeding. So in making your business plan, you have to know if the products is such that will enable you to continue earning reasonable profits staying in the same market or if you need to constantly capture new markets. If you have to stay in the same market, is the product type such that will enable your firm to provide accompanying services? Find out.

Passion/Aptitude
Do a realistic appraisal of what you are good at in your current employment. Most times people want to launch a business so they would be able to do what they love doing. But running a business involves so much more. Know precisely the things you love doing. Plan your own job description to include the things you enjoy doing or have the aptitude for. If getting others to do those aspects you are not good at would incur so much cost, then acquire those skills before launching out. You may need to do them at the initial stages of the business.

Training
After having done a realistic appraisal of your aptitude for going into self-employment, you may still need to go for courses on entrepreneurship. You need training in business generally and in context of the line of business.

Buying an Existing Business
Find out if there is an existing business you can buy rather than starting one from scratch. You would therefore not be a new entrant into the market. You will enjoy the goodwill of that business, the loyal customers and so many other things.

But you need to do a lot of checks. These include the reason the owner(s) want to sell, if you can work with the present staff, if the business is in huge debts, its reputation in the market and with is publics etc. If all these things are all right, buying an existing business offering the same thing you want to offer is better. You could then build on the exceptional idea you have.

Family’s capacity to withstand lean periods
He takes Shina’s advice to inform his family of possible financial challenges at the early stages of his business. He tells his wife, “You will definitely become the wife of a multi-millionaire but you may have to make certain sacrifices before then.” Together, they make plans to reduce expenses.

·Juggling paid employment with self-employment
Shina has also advised him to consider the possibility of staying in self-employment in the initial stages of his business. He checks his current work schedule. This enables him to know if he can conduct his business within that time. But testing the water is so much better than drowning in unexplored waters, he tells himself.

March 21, 2008 | 9:03 AM Comments  0 comments
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