Tuesday, April 9, 2013

Running After Money

By Austin Imoru


Money making in developing countries is all about survival not about living. It is a myth around here that you should lay hands on money anyhow you can. Once the money is in your hands no one ask questions. All hails to the one who has money. It is part of the culture in most part of our country that money is everything. Without it you are finished. Without it you are nothing.

I have often wondered why we are so desperate after money. And why we run after money the way we do. I was more puzzled when I found out that we are not even desperate to have money because we want to but for one stupid reason or the other. Somehow because of the situation of the society, we labour for money to the satisfaction of others. Most often it is largely to demonstrate our ego. For cheap reasons as to be accepted by the society and even for peer competition.

Interview with Warren Buffett


Interview with Yahoo Finance
Yahoo! Finance: How did you get involved in the Secret Millionaires Club?

Warren Buffett: My friend Andy Heyward, who is a producer of kids entertainment, and I came up with the idea to help educate kids about financial matters. I thought the idea of using the power of cartoon characters to carry a message was a good one, as is  teaching financial lessons at an age when it can help them.

YF: What does the term "Secret Millionaires Club" refer to?

WB: In the pilot episode, a group of kids come together to save their local youth center. In the process, they come across a valuable baseball card which they sell to save their youth center. They ask my help to help them understand and manage their money. In the process we form the Secret Millionaires Club, and have lots of fun adventures together learning about money and business.

Raising Capital for your Business

By Austin Imoru

The power to raise capital for your dream is a business plan. Get a good tantalising business plan with 5 to 10 years prospects and you will attract ambition investors in the country. Start your search of investors from close relatives, friends and wealthy friends close to you who could easily believe in your dream, since to them a young person with dreams is some kind of a promising future turned loose. The cool thing about investors everywhere is that each time they see young people with good ideas, they view them with avid interest. Largely because they don’t know whether the man with the idea will turn out like Bill Gates or another hungry man.