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Showing posts from January, 2021

AN INVESTOR

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  Investors play a key role in the growth of any economy. Who is an  #investor ? Investors are individuals who spend less than what they earn, and who save their surplus. They can be referred to as  #Savers . savers who invest their money are called Investors. There are three categories of Investors. I. Retail Investor (Individual) 2. High Networth Investor (wealth Individual) 3 Institutional Investor Mr. A needs a sum of #250,000 to start up a small. He approaches his Uncle who works in a company. His uncle is a saver, who saves 65% of his income. If Mr. A's uncle decides to lend him the money. The Uncle can be referred to as a  #RetailInvestor Mrs. B owns a Printing Press company, the company is in need of cash, in order to sustain her Business. Mrs. B approach her Church member Madam Fish, she is a successful and Multimillionaire Fashion Designer with Companies across the 6 geopolitical zones. If Madam Fish decides to invest her money, she can be referred to as...

POWER OF CONSISTENCY

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To everyone that Sell any kind of items or render services (SME's)  As a starter there always alot of reason to backup.  Especially when people are not patronizing your product or service. 80% of my WhatsApp contacts are into this- I see series of product and service every day, I have to admit  the effort level and passion is expectional. I'm inspired. It's obvious  people make use of there social media platforms(WhatsApp, Twitter, Facebook, Tiktok, and INSTAGRAM) Just Imagine, you Market your product for  weeks, people just view your status and go. No feedback, low turnup or people just ask for price without buying sometimes we might feel like we not getting it right, especially looking at the current Economic situation.... People go through alot on a day today. and This my message is for those: 1. who feel like GIVING up - you closer than Ever, just one more push. 2. To those who keep pushing and not relenting - God will continue to bless your hustle. 3. To th...

FEAR OF UNKOWN

  I was at a mechanic workshop to pay a visit to one of my brothers early this year, He was having a conversation with a young  #lady  when I walk in, although at first, I didn't pay attention to their discussion, my attention was drawn when I overheard her contemplating whether to start up a  #smallbusiness (Food selling). She was full of passion, but there is the  #fear  of the  #unknown , whether people will patronize her or not, and considering this reality, there are few people who sell Food in the vicinity. I had a smile on my face 😊 and  #highlighted  the following factor for her consideration; 1. If she has the relevant Skills (technical know-how) to carry out the business. 2. If there is capital to startup the business or there is a source of finance. 3. She has to consider the customer needs - it's obvious how essential food is to the survival of mankind, this indicates there is a customer need to provide for. 4. If there is market...

Effect of Unrelated Product.

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  A Trader selling Foodstuff wondering; Why sales have been low despite price stability, Meanwhile she is the only seller in her Estate. What could be the cause, she contemplated? A lot of factors could trigger low  #turnover . One of them is UNRELATED  #PRODUCTS demand for a particular product may be affected by the prices of other products that are not substituted or complementary products. If there is an increase in transport fees and other customer needs. As a result, they will have less money to buy other products. Covid-19 will have an impact on market demand and supply, as  #unrelated   #products  and  #services  will continue to have an impact on  #revenue  to be generated. by: SOWANDE SAMSON OYEDELE