VALUE IN ENTERPRISE DEVELOPEMENT

Enterprise development is literarily value creation enshrined in system and structures. The main genesis of an enterprising environment is enshrined in a culture that promotes value creation.

Enterprise therefore, is a business system built around consistent value creation.

So, in building an enterprise, the major and the first thing to consider is the value. The value could exist as the main product which is developed out of the mission statement which unequivocally states the “WHY” of your business.

Understanding your value therefore, is the first step in creating a successful enterprise. However, to ensure continuous sustainability, profitability and equitability, you build a system around your value. A system is an interconnection of diverse resources; technology, human and material resources (that is) which must then be well structured and engineered to deliver maximum result.

BUSINESS PHILOSOPHY “developing your business from philosophical guide”

Many so called “entrepreneurs” sometimes try to copy and implement the organizational strategy and models of some successful firms. They do this expecting an instant success. But most times, they fail. Why?

Years ago, a particular international brand attempted producing a product that will rival a major international soft drink. Of course, the system, structures and policy for the rival product were well laid and orchestrated, yet the product failed.
Why? You may ask; it’s because the counter brand fails to take into cognizance the “domineering force” of philosophy.

What then is business philosophy?

Business philosophy is an underlying ideology that births the formation of a business organization. It is the centralized thought that gives an organization its uniqueness, determines its model and structures.

Philosophy birthing businesses is usually non-concrete, but therein lies a wisdom that not only cause the success of such business, but it also determine its distinctiveness.

So, to succeed as a business leader,

a. Sit the centralized principle that births your enterprise. For instance, that of coca-cola is refreshment. Understanding this, will help you in accurately engineering a product out of that prevailing philosophy. That is what gives uniqueness and utmost success.

b. After understanding your philosophy, you will need to creatively engineer your philosophy to produce products that will adequately cater for the various sector of the economy. For instance, if your centralizing philosophy is communication; creatively create a communication product that will adequately cater for the needs in education, health care and other sector of the economy.

MONEY SENSE 1

Money is just a means of exchange. It is an intertwining medium for meeting need. Money itself is not the “ESSENCE”, it is a medium, definitely not the primary, but the secondary. Its’ what we get after fully satisfying the primary.

So what’s the primary?

The primary is all about meeting needs and creating values that will promote ‘serenity’ of human life. It’s all about meeting and making human life better, more enhanced, more fulfilling, more enjoyable, more blissful and more peaceful, saturating the whole of the “ADAMIC” race with peace, joy, tranquility, freedom and a great deal of happiness.

How do I do this, you’d ask?

The Bible says in 2peter 1:3 that “God has given us what we need for life and godliness…….”

You see, there lies in everyone an innate expression of life that can easily be converted into a product and service that meets need and solve problems. Ability to recognize this, is the first step towards living a life of peace and utmost fulfillment. The mindset that knows that “we’re all” here on earth for each other, helping and nurturing each other to grow, mature and become more lively, fully expressing the truth that lies in each and everyone of us is an healthy mindset.

Recognizing this innate ability, you are to develop and make it to become so refined so as to give people the best and not a marketing gimmick to beat competitors. But rather, be people focused, concentrating your development towards effectively serving and meeting their needs. WHY? Because they deserve the best.

After developing this skill and innate ability educationally or otherwise, you then have to look for ways to be of service to people either through an existing corporation or independently.

MONEY SENSE II

There are some fundamental wisdom that goes into making and increasing money. Remember, money is not the essence but rather, it is an instrument for satisfying basic needs.

WHAT ARE THEN MY BASIC NEEDS?

The bible says “Godliness with contentment is great gain”. There are some fundamental lies that we have absorbed as the truth. For instance, it’s a lie that what makes you better appreciated and respected is when you have the so-called “FLASHY STUFF” like say a $100,000 diamond ring, driving the latest posh car or living in an exclusive elitist estate.
The true definition of man is not in the things he own; rather the true definition of a man is in who he is. Who you are determines what you own and not otherwise.
So, start asking yourself the basic question; what do I truly need? Ability to correctly know what you need impacts a sense of seriousness and responsibility which makes you to effectively and judiciously apply your income towards satisfying your needs. Never get caught in the web of trying to show forth; wanting to get things to make yourself appreciated, wanted or revered. Such things will never last long and you will constantly find yourself running to keep getting things that will keep you more indebted until you finally burn out.
Rather, be wise. Know what your real need is, save more and invest “saved income” on good, solid and tested investment package(s).

WEALTH AND BUSINESS DEVELOPMENT “the correction”

Most people advocate building business to build wealth, I advocate creating value. Don’t build business with the mindset of creating wealth, of course wealth is important, instead build a business with an underlined value mantra to ensure and promote your s.e.p. i.e. sustainability, equitability and profitability.

Sustainability will ensure a continuous and a consistent organizational structure structured towards creating value for the long time, equitability will make you responsible to your employees and customers while profitability will ensure the promotion and enhancement of your s.e. (sustainability and equitability).

DEVELOPING BUSINESS PRODUCTS ; OBJECTIVE BASED PERSPECTIVE

To develop a product that will effectively meet market needs. You’d have to;

“Re-evaluate your objectives”

Your objective is what you set out to do i.e. needs or problems you intend solving. Comprehensively, your objective is that centralized aim which is a clear indication of what will be achieved as a result of your presence in the market place.
Thus, in developing a product from an objective perspective, you’d have to clarify both the primary and secondary reason why people need your service(s). for instance, the primary reason people go over to a barbing saloon is to get rid of their hair while the secondary reason may include; wanting to look good, having an healthy and sensible appearance or wanting to spend their evening in a cool and serene environment with lots of guys to chat with while at the same time getting rid of their hair.
Also the primary reason you go over to MacDonald’s is to fill up your belly but you wouldn’t go there if their outlets is poorly organized coupled with poor food quality. Therefore, your primary aim is wanting to be filled while your secondary aim includes; excellent and good quality food served in an organized and serene environment. Right?
Thus in developing a product that will have sustained influence in the marketplace, you’d have to list and clarify both the primary and secondary reason people would need your services. This, will help in clarifying lots of (product development) issues and help in designing product that will have sustained influence in the marketplace

GLO-LOCAL BUSINESS OPERATION; DEVELOPING A GLOBAL BUSINESS FROM A LOCAL PERSPECTIVE

Building a successful organization requires a detail and effective analysis of the environmental conditioning in which your firm is operating in. A lot of businesses have declared bankruptcy because they never take into cognizance, the social and macro-economic conditioning of their operating environment.

For instance, in Africa, most global and even local conglomerates are shutting down their operations basically because they have not been able to effectively modify their operations to fit into the local conditioning system inherent within the continent. You see, that a venture succeeded in Asia does not necessarily mean it will be successful in Africa and a success witnessed in South Africa does not guarantee a success in Nigeria. Why? You’d ask, it is basically because of the differences in the operating environment.

A story was told of recent, about a western food company who opened a food store in a West African country using the same delicacy used in their home country. The problem was that while Africans prefer pepper, countries in the western world prefer other peppermint. The non inclusion of this, was responsible for their failure.
This company would still have been able to record outstanding success if they have been able to understand the socio-cultural condition of their operating environment.

Also, there is the need to understand that, before an idea or business venture can thrive in a particular operating environment, the required “system” needed for the success of such idea must have been built. It is this system that will serve as foundational basis upon which the success of such an idea or venture will rest.

Thus, to succeed in a particular business environment, a business leader must be able to;

a. Understand the social and economic conditioning of their operating environment.

b. Investigate and discover the socio-economic structure and system of that environment.

c. Create and design business operation to fit into the socio-economic conditioning of that area leveraging on the available local structure to promote the advancement of your enterprise.

Also, You must understand the futuristic dynamism of social structure and create a flexible business and organizational structure that will not only successfully incorporate futuristic change but will also serve as a change catalyst in developing existing local structure and system with a view of fast-tracking local and communal development.

Shallom.

CREATING A SUCCESFUL BUSINESS CORPORATION; A Business Leader Anecdote II.

SPIRIT OF LEADERSHIP

Leadership is not all about title, rather leadership is all about passion, vision, drive and commitment embroiled and exhumed through service.
Following a dearth of business leadership, there is an urgent need for a trend reversal with a view of creating new generational leaders who are poised to create, build and develop a highly successful business corporation that constantly create a “High Value Product” for the marketplace.
Hence, there is a need to examine important leadership qualities that determines the extent of your success as a business leader;

1. SPIRIT
Every true leader has a spirit which is an embodiment of their core nature containing their value product which continues to stimulate passion, vision and drive. Leaders are men on the move with a passion and a mission of influence. This mission stimulates and builds influence which attracts people of “LIKE MINDS” who join together to build a corporation streamlined and directed towards achieving a broad aim and objective.
So, the starting point of every great business leader is to discover their spirit. Discovering the content of your spirit determines your Product.

2. INFLUENCE
Influence is a life that triggers a positive force that most times culminates into a mental and psychological change. The efficacy of an influence is measured by the quality and quantity of the change it produces.
A business leader of influence having discovered the content of his spirit builds up himself to attract “High Quality workforce” who creates products of sustainable influence on the market place.

3. CREATING A SIMULATIONAL EFFECT
The main function of a business leader is to create a simulational effect that links the various structural arm of a corporation with each arm contributing its own quota towards the development of a unified product that is basically structured towards the attainment of a corporation’s aims and objectives.
Creating a simulational effect as a leader also enable the creation of an enabling environment that stimulates teamwork

CREATING A SUCCESFUL BUSINESS CORPORATION; A Business Leader Anecdote.

To succeed as a business leader in building a successful business corporation, you’d to:

1. UNDERSTAND YOUR VALUE
Value is the real thing. The real stuff you are communicating or selling is not the physical product but rather the value that your product communicates. You see, what Coca-Cola is selling is not a bottle of black liquid but rather, what they are selling is “Refreshment” Walt Disney sells Fun and Happiness and not Mickey mouse. Mickey Mouse is just a way of selling their real value.
Value itself is not physical or visible but invisible; Value is a life being communicated via the physical product. Your physical product is like a house that houses the real product which is “VALUE”.
So, understand this, your real product is the value you are giving. It could be Peace, Joy, Fun, Refreshment, Comfortability or ease and they are intangible. “IT IS YOUR ABILITY TO CONVERT THAT INTANGIBLE VALUE INTO A TANGIBLE PRODUCT THAT DEFINES YOUR CREATIVE FORCE AS AN ENTREPRENUER “.

So, what is your value? Your value is that positive drive you have on the inside, it is positive and beneficial designed and must be orchestrated towards meeting needs and solving human problem.

2. DEVELOP A PRODUCT OUT OF YOUR VALUE
After understanding your value, you have to exercise creative ingenuity in converting your value which is intangible into a tangible product, the same way Walt Disney converted Fun and Joy into Mickey Mouse and the same way Dolce and Gabbana converted sense of elegance into cloths and fashion and like I said “it is your ability to convert that intangible value into a tangible product that defines your creative ingenuity as an entrepreneur.
And after discovering your product, develop it; Make it of better quality and increase its quantity. Quality increases your products monetary worth while quantity increases its’ monetary volume.

3. BUILD A TEAM OR CORPORATION
A corporation is “A conglomeration of people with diverse talents, expertise and technical know how all uniting together for a common goal and objective”.
Building a corporation is one of the defining stuffs that will define your success as a business leader. The main function of a business leader is to create a simulational effect that attracts a team of skilled employees who will leverage on each others strength to create an high quality product that effectively serves and meet market needs.
It is no gainsaying to say that the strength of a leader lies in the quality of his followers (employees). Hence, ability to create an effect that not only attracts skillful workers, but that which also creates an enabling environment that stimulates team work is of urgent need to an entrepreneur.
Hence, to create a successful business corporation, you, as a business leader must;

a. Recognize and employ Skillful, talented, committed and experienced workforce with high degree of expertise.
b. Must be able to create an effective workplace environment that attracts high quality people; skilled and committed towards building an high quality product.
c. Create a simulational effect that encourages and promotes teamwork with each employee organized and integrated into specialized structure leveraging on each others strength to create and build a unified product of “HIGH UTILITY” that effectively serves market needs.

4. DEVELOP A SYSTEM
A system is a structured corporation with each structural arm specializing into specified department and specialized towards performing specific service that integrates into the common objectives of a corporation.

5. SELL, SELL, SELL.

JOB ‘N’ WORK, the African perspective

Work is quite different from a job while the later inundates a state of being offered a chance or place to work, the other exemplify the state of using both your mental and physical effort towards creating a solution that meets needs and solves problems.
The state of being unemployed to a broad extent refers to a state of having no job and does not necessarily mean having no work. The reality is that in the society, there are thousands of works to be done, but fewer jobs to do the work, hence, the need for an enterprising initiator to cultivate and initiate a system of building an organization with a solid system inbuilt with an organic and structured system that will employ people to do the work.

In reality, there is no unemployment all we lack is “LACK OF INNOVATION”
So, the best way to solve the problem of unemployment is by encouraging and fast tracking the development of an innovative mindset spurring out creative products and services and built around a well structured organization.
The problem with Africa is that we have long been taught to be dependant and never independent. Centuries ago, we were taught to depend on our colonial masters, now we are being taught to depend on the government for virtually everything. This unequivocally stiffens creativity and promotes a state of dependency that overtime cripples our economy and gives room for bureaucracy and despondency which destroy excellent service delivery.

Hence, there is the need to promote innovative mindset in Africa. This, the government can enhance by investing in education and creating suitable and sustainable policies and systems that will promote the spirit of innovation.

FAST TRACKING ORGANIZATIONAL DEVELOPMENT

Organizational development is not a metaphorical paradox but rather a functionalist theory that can easily be applied to any organization of sort.
In order to fast track your organizational development from the spectrum of functionality, I guess there is the need to employ a principle propounded by Emile Durkheim. According to Emile, “the society is an organic structure with each structural part contributing its own quota to the development of that organism”
Your business as an organizational structure is an organic entity whose level of optimum efficiency depends on the quality and quantity of the products of its structural part. In order to fast track the development of your organization as an organic entity, there is the need to;

A. Make every member of your organization understand that they are all important to the health of your organization. They have to understand that they are part of a structural organism with every functioning member all contributing their own quota to the overall efficiency and development of that organism.
A dearth or inefficiency in a quota will cause a ripple effect all over the organism causing your organization as an organic system to operate below its opium.
This sensitization or awareness I believe, can be carried out through an educational system developed by the organization through training or any other educational program deemed fit and also by employing the principle of tracking to place every functional member into their area of efficiency for effective and total development of your organization.

B. Create a synaptic link that connects every arm of your organization causing the different arms of the system to work together in harmony leveraging on each other strength to deliver a superior product and service that will effectively serve the market need.

C. Establish a system that rewards outstanding organic member.

D. Also establish a mentorship program that will transmit the knowledge and experience of the past to the present for proper modification and effective integration into today’s and tomorrow economic reality.

RETAIL PRODUCT, “a sure way to develop your business”

There are lots of ways through which firms can fast track their development and ensure an increase in their profit base. I think and I know one of these ways is the designation of a retail product. What then is a retail product? Retail products are products that are accessed by everybody irrespective of social class at a reasonable price.
You see, one of the greatest things many organizations are not doing is the inability to develop a product that can be accessed by everybody in a particular country. Firms and organizations in my own estimation tend to make more money, leverage on economies of scale and have a wider coverage of their market base when they develop a retail product.

For instance firms like Coca-Cola, McDonalds, Mtn and other big multinationals become huge and have a large share of their respective market base just by developing and offering a retail product that can be accessed by everybody, anywhere in any country irrespective of the nation’s economy. A bottle of Coca-Cola can be bought by an American and also by a Djiboutian thus making Coca-Cola a market leader in soft drinks both in America and also in Djibouti. Hence, for firms to be able to expand their market base and become a market leader there is a need to design a retail product that can be accessed by everybody irrespective of their social class.

MAKING MONEY BY CREATING VALUE.

The best and the biggest way to make money is by “creating value”. You see the world’s enterprise system is built on value.

Contrary to popular belief, all you need to succeed in this world is not money, because money itself is an illusion created as a mechanism of payment for value created. The reason why people are willing to exchange money for gold is because gold is valuable. So to understand the principle and concepts of making money, you will have to understand that:


1. You don’t make money by working for money; instead you make money by creating a value.


2. “Adding value is the single most powerful personal attribute you can possess”---Les McKeown.


3. “If you have anything really valuable to contribute to the world, it will come through the expression of your own personality – that single spark of divinity that sets you off and makes you different from every other living creature.”-----------------Bruce Barton


Creating value literarily means creating something (either a product or a service) that meet the needs of people and solve the problems people face.
Humans have diverse needs ranging from physical to spiritual needs, and these needs are the hidden or untapped opportunity that you need to solve so as to satiate the problems people are facing.


How do I create value you may ask? Well, the bible says in 2Peter 1:3 that “God has given us everything we need for life and Godliness” which literarily mean that you have been gifted with what you need to create value.


You have to leverage on your gifting, talents and potential in creating a product or service that can ultimately meet the needs and solve the problems people are facing. This product should be targeted towards meeting a particular need or solving a particular problem.


Doing this, will put you on the pathway to creating wealth. But remember “You don’t make money by working about money; instead you make money by creating a value”.

REAL WEALTH

Money is not real; it is our illusion that gives credence to “paper” otherwise called “money”. Never ever seek to make money, seek to create value. There is a spiritual machination that tends to direct money to all those who create value. Opportunities for creating wealth (money) abound all around us, but because people are busy looking for money, they fail to see these opportunities. And really money is not real (concrete) and what creates or spins this money is opportunities but because people are ignorant of this fact, they live their lives chasing shadows and serving what is not real (i.e. money). So the real money are opportunities for creating value, see them and do them and you will be creating a money spinning stream that will keep on making (creating) money as long as you keep on discovering more opportunities for creating value.

BUILDING A SUCCESFUL FUTURE, THE YOUNG PEOPLE ASK!

Excuse my asking guys, but guys what do you understand by the word “future”. You see, to most guys the future is something like 10, 20 years to this time. Well, sorry to disappoint you pals, the future is only a second away as a matter of fact, the future is now. So quit wasting time and join in espousing ways through which we can create a successful future and attain a more bright future.

1. Quit joking, be serious
One of the greatest bedeviling most of us “youths” is that we tend to think that the future will sort out itself and so we tend to be complacent treating everyday with impunity without laying a solid foundation for our future. Am I trying to say you shouldn’t have fun, NO I’m not saying that, As a matter of fact have fun. Fun though is not in you cruising and acting as though you own the whole world, disrespecting your elders and acting as if you’ve got it all. Fun is in you being serious enough to lay a solid foundation for your future. The quality of the success you are going to enjoy in the future will literarily depend on the quality of foundation you have set for yourself. So quit joking and start preparing for your future because the future starts NOW!! so how do you do that, well start by first understanding what will be your contribution to humanity, what service or product do you want to offer that will make life more beautiful, you have to know your service and streamline all your effort towards getting all the information, techniques and other stuffs that will make you deliver the best product. NOTICE” the quality of your service will determine how much people will be willing to pay you” so rather than Xboxing, invest your time in learning how to develop a quality service.

2. Be service conscious
Rather than combing the entire city of New York or Lagos looking for a job, please just do me a favour by asking yourself this basic question “what do I have to offer”. You see, the greatest problem people are facing is that they tend to think that all they need to be successful is for them to get a job doing anything well, any job will give you any “pay” package. We have to change our thought pattern from just getting a job that pays at the end of the month to creating services that satisfy wants and meet the needs. We have to have a productive mentality because without that we may never attain success. Lets strive to produce quality service and product that can effectively meet needs and solve problems. People will only pay us in accordance with the quality of our product.

3. Build a system
One of the main stuffs that will fast track your success is the quality of the people you build around yourself. No matter what you want to do, build a system of quality people around yourself afterall, what makes the big companies become big is the quality of their people. So, nothing stops you too from building a board of quality and well experienced people, build an “A TEAM” of successful and well versed professional that can contribute their quotas towards fast tracking your success. 4. Network, network and network with people of like minds. Anyway, if there’s anything that you have to do is to “truly be passionate about serving people because it is in serving people effectively that you will truly be successful”.

FAST TRACKING AFRICA’S DEVELOPMENT

There’s a general problem going on in Africa right now, and that’s basically the problem of “under development”. Underdevelopment according to oxford advanced dictionary, is defined as “a country with unexploited potential” Basically, over here in Africa, we tend to view underdevelopment as poor road, poor economic system, irregular electricity and inadequacy of physical infrastructures. Well, I beg to disagree. According to the aforementioned definition, underdevelopment has little or nothing to do with inadequacy in physical infrastructures. Under development basically has to do with “PEOPLE” What makes a nation to become developed is not in the quantity of its physical infrastructures, but in the quality of its people. Africa as a continent has a low human capital development with a vast percentage of Africa‘s labour force concerned with making money with a little consideration for effective and good service delivery. A large percentage of our labour force are not productive and that’s basically one of the main reason why we are undeveloped. So, in fast tracking Africa’s development, we have to:

1. Invest in manpower development. “
A nation will only develop in accordance to the development of its people”. Hence, there’s has to be a massive shift into human development. We, as a continent must place more premium on our people as machinery to fast track national and continental development. We have to invest in our people by creating good and sustainable educational curricula that can re-invigorate the mentality of our people making us to shift from a resource based economy into a knowledge based economy. This, will not only make us to develop more efficiency with our resources, it will also make us to achieve sustainability by leveraging on our knowledge together with our God given resources in creating a developed Economy.


2. Create a sustainable organizational structures
Effective structures must also be created in order to fast track continental development. One of the greatest problem bedeviling against Africa is poor organizational structure. Everything has to be structured in such a way that the average individual must be able to attain their potential and everything have to structured with a superior organizational structure in order to enhance and promote efficiency. Structures have to be set up in the financial sector, educational sector, governmental ministry and other relevant ministerial organizational in order to promote efficiency and effective service delivery.

3. Change organizational and institutional beliefs
There’s a belief in Africa that says “just get a job and you will be fine” Well, sorry guys a job is not the ultimate, “service is”. You see, there’s so much poverty and poor institutional development in Africa that gives little or no credence to talents with people doing jobs that they have no little or no ability. This is basically one of the main reasons why we have poor product and service delivery. Well, to address this we have to change this belief and begin to change organizational belief from making money to offering quality service(s) We have to remodel the thought pattern of African workers from just getting a job that pays at the end of the month to creating services that satisfy wants and meet the needs of their fellow Africans. We have to have a productive mentality because without that we may never attain development. Let’s be quality conscious, let us change our mentality from “just getting a job” into creating sustainable and efficient products and services that will meet the needs and solve the problem of our people and the world at large.

NEEDS

Have you ever wonder what to do that can make you to become financially free? Well I think one of the things you can do is to start knowing that human beings need something and they will always pay to get that thing. Last year it was estimated that the American population spent over three trillion dollars on retail goods and there are tendencies that they are still going to spend more in years to come. Human needs is not limited the fact remains that humans will always and will continue to need something and the more things they need the more money they will be willing to spend.
So to become financially free you have to be able to meet the needs of people. You can start by looking around you and locating needs that have not been met, there are two types of needs there are;
(a) The conscious needs i.e. needs people are aware of and that could be anything
(b) Unconscious needs i.e. needs people are not aware of, for instance everybody needed an aircraft but they nobody thought of it until the Wright brothers created one same also is the computer, telephone and other inventions.
The likes of mark zuckerberg, bill gates and other wealthy people understood this principle and with that they were rewarded with enormous wealth. The surest way to get financially ahead is by serving people and meeting their need for a profit after all the big firms claim to serve you and in return you pay them, so also you can also meet the need of people and in return they compensate you with MONEY.

REAL WEALTH

Have you ever asked yourself what money really is? You see one of the greatest undermining factor undermining the development of the world is the vague belief held by most people on the subject of wealth and riches, most people today in the world think wealth is having so much paper asset well, sorry to disappoint you, you are wrong. Real wealth are asset that produce(s) money, real wealth are like machines that keeps on producing or you can say vomiting money. So to build real wealth you have to understand these assets.
So in building wealth you have to take into consideration these assets as against paper money because paper money can be mutilated, destroyed or even cancelled but asset can not be destroyed because asset are the real wealth not the papers. So how do you secure your financial future? I think it is by investing in real wealth, and what is real wealth? Well the following two can be classified as real wealth.
(a) Creative ideas.
Ideas they say rule the world most people never know that the great billionaires are guys who understand that money is a product of their ideas not the paper stored in the bank, after all the likes of bill gates, mark zuckerberg and even Steve jobs never worked in a bank. Then how come they are so wealthy? Well pals they are guys who have ideas about a new innovation, products and services and they turn this product into a money machine that keeps on producing plenty money. In fact I think one of the surest ways to become truly wealthy is by tapping into the power of your spirit or your creative ingenuity to create financial stream. You may think you are not as gifted as bill gates well, I think you are wrong because God created with something all you just have to do is look deep within yourself and find that thing because that is the secret to your wealth.

(b) Investment.
Another real wealth machine is investment. There are lots of things you can invest in you can invest in shares, bonds, funds, real estate or any other investment vehicle. These assets keep on making you money either day or night. All you have to do is to carry out your ground work and talk to financial experts so as to know the right investment to make. And really I think this is the best time to invest because stocks and other securities are a bit low now so you can buy at a cheap price and hold till the price starts coming up and then you sell.

Real wealth are anything that can stand the test of time and can easily be converted into paper money anytime. Most of the worlds currency is backed up by Gold and gold overtime has been able to stand the test of time. That in my own view is the real wealth.

HOW TO TURN YOUR HOBBIES AND PASSIONS INTO A FINANCIAL STREAM.

There are lots of opportunities for business startups but the best place to discover a business opportunity you can easily start is by looking into your hobbies, passions and likes.
Hobbies are what you like to do and this could be sporting activity, reading or traveling while passions are what arouse your interest. You can easily tap into this to kick start your business. Everybody has at least two or more hobbies and we are all passionate for something even if it is eating or sleeping according to Dan Kennedy. You can easily turn them into a financial channel.
Okay, how do you go about it?
(A) Establish a clear identity: lots of us think we are passionate about something but really we are not, So, in order not to be gambling with our future it will be very advisable to evaluate our self and discover who we really are and what we are passionate about and what our hobbies are. You should sit down and evaluate yourself in order to discover your true self. You can get any of the self help books in order to help you make your decision.

(B) Discover a target market: once you have discovered what your true passion and hobbies are the next step will be to discover who really need your hobbies. You have to discover a target market for your products for instance if you are a writer you can channel your writing skills into what you are passionate about it can be sports, relationships or finance and then look for people who really need your write ups in your targeted market, as a writer who write on relationship you can target married couples or even youth and channel whatever you are writing to them.

(C) Turn your hobbies into business: turn your hobbies into a business venture. Are you passionate about discovering talents why can’t you set up a talent discovery firm or are you music freak you can set up a recording label to produce singers. There is nothing you can’t turn into a business venture, discover your true passion, discover who need it and set up a firm to meet the need.

There are lots of things you can do with your hobbies and passions that can fetch you your much desired financial stream all you just have to do is to get a clear picture of your hobbies and what you want to do with it. There is nothing you can’t turn into a business if you are really determined to succeed all you have to do is to look into what you have and package it into a solution that can solve peoples problem even the dumbest idea can work if it is well channeled and packaged.
And remember to succeed you have to be determined, persistent and focused.

Business ideas in Nigeria's tertiary institutions.

    Want a business idea? well, you have come to the right place. In Nigeria today the whole place is filled with the be your own boss message, and really I think the message is timely and necessary and I think its high time we put to use this advice.

     There are lots of books specifically designed to provide various business ideas, and how you can easily put it to work, for business extensive ideas, you can get any of this books. However I will be focusing more on businesses locked up in our tertiary institutions.

     Nigeria boast of over one hundred universities with over two million students not to talk of other tertiary institutions scattered across the country providing suitable markets for any of your business ideas, for clarity sake, lets enumerate some of the business ideas locked up in our tertiary institutions:

(A)  Food service: there are lots of business opportunities locked up in this area. You can open a fast food retail or mini food centre or even open up a foods store where packaged foods are being sold. You can set this up with little capital, you don’t have to be a millionaire to do this I guess, there are lots of other food related business you can do without breaking into the central bank coffers.

(B)   Clothing and wears: If there is anyplace to package, sell clothing and cosmetic wears I think its in schools, why? the girls wants to draw attention and the guys want to prove that they are big boys. You can tap into this and produce, sell cosmetics of all kind. Aside from cosmetics, cloths and other wears can be made and even sold, aha how about having a cloth making shop or factory whatever you choose to call it and help various departments in producing annual wears or even help students brand their clothes. Well there are lots of money to make packaging and selling wears.

(C)  Entertainment: Students like the social life you know, and who does not want to see the likes of dbanj, 2face or even wizkid performing life. Aside from this students love entertainment, so I think organizing shows, football cups, packaging tours and also you can also have a viewing center showing live premiership matches. How about producing students entertainment magazines, radio stations or even a television shows, well think fast you see there are lots of things to do and lots of money to make so friend tap into this business stream.

                  Sorry hope I am not boring you? There are lots of other biz ideas like having a barbing or beauty saloon, producing and selling stationery, textbooks, and even clothing’s, well the world is full of ideas my friend so get up and get on with them.

               NOTE: I think the best way to get a business to do is by looking inward and finding what you are really passionate about, like your hobbies, passion, likes and others. Don’t do what you don’t like or are not passionate about but look inward and get your real like and passion.

               Thanks for visiting this site and hope to see you again.