This last December 2020, I travelled with my family to spend the Christmas with my Mum as I usually do. It’s always a special experience for me and a time to bond with my siblings and take a break essentially from the hustle and bustle of Lagos, especially the traffic…but sadly Ibadan is wearing that traffic cap of Lagos now.
In a nutshell, for every Naira and Kobo you earn and expend, do you have the record of it in a journal? If we take the position of, “oh it’s just a one-man business when we expand we would do it”. We have set ourselves up to fail. James Clear aptly captures it this way when he said, “Breakthrough moments are often the result of many previous actions, which build up the potential required to unleash a major change”. If previous actions build up the potential for a breakthrough, so also would previous inactions build up the potential for a major unchanged…NOTHINGNESS.
Growing up, my Mum had a Chemist Shop, (She is a Trained Nurse) and she ensured for Continue reading
“Someone is sitting in the shade today because someone planted a tree a long time ago”…Warren Buffet
What is a Business?
According to Business Dictionary, it is defined as, “An organization or economic system where goods and services are exchanged for one another or for money. Every business requires some form of investment and enough customers to whom its output can be sold on a consistent basis in order to make a profit”. http://www.businessdictionary.com/definition/business.html
It was also defined as,” A business is defined as an organization or enterprising entity engaged in commercial, industrial, or professional activities. Businesses can be for-profit entities or non-profit organizations that operate to fulfill a charitable mission or further a social cause”. https://www.investopedia.com/terms/b/business.asp
So you are doing business once you exchange value for money right? Either service or goods, once it’s exchanged you are a businessman or woman. So what is left is to define Continue reading