How Do You Become Rich In A Poor Country?

Reading Time: 5 minutes How do you get rich in a poor country? Some believe that people living in poor countries are destined to be poor.  After all poor countries are characterized by many negatives.  No job, rampant corruption and a population with little or no money. When you see a rich person in a poor country, he is either a politician that has …

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COVID-19 Is Threatening The Long-Term Viability Of Unsecured Business Loans. Here’s How

Reading Time: 4 minutes Challenges of the rampaging Covid-19 may force financial firms operating in the Unsecured Business Loans space out business soon; this writer observes. Often, our dreams are bigger than our bank accounts. You might want to start a pizza shop downtown. Or, you might have your eye on that 2,000 square foot home in the suburbs. In these cases and others, …

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10 Reasons Why Real Estate Investment Is the Best

Reading Time: 5 minutes Let’s talk about real estate investment.  Some experts advice that investing in real estate is a bad idea.  They reason that properties don’t have the kind of liquidity that assets like stocks, bonds, and mutual funds have.  They also reason that Investing in real estates requires huge capital outlay.  And it’s an asset class that depends so much on cash …

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Online Trading of Financial Instruments: It’s Not As Difficult As You Think

Reading Time: 6 minutes Traditionally, trading of financial instruments are carried out through the Exchanges.  And only certain professionals can trade at the Exchanges.  Not any more.  Nowadays, online trading  has made it possible for  anyone to buy and sell financial instruments leveraging the internet What Is Online Trading Online trading is the buying and selling of financial instruments using the the internet.  Any …

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7 Ways to Find and Evaluate Stock to Buy

Reading Time: 7 minutes Knowing what stock to buy and when to buy it is an important skill every investor should have but one which many lack.  In other words, not many people who invest in the stock market  know how to find and evaluate stocks.  And this is the reason most people lose money or get frustrated. Professional investors use either of two …

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Business Plan – Is It Still Relevant Today?

Reading Time: 7 minutes One prominent Nigerian entrepreneur caused a stir at a certain business conference for aspiring entrepreneurs where he was a guest speaker. At that conference, he told his mesmerized audience that he didn’t believe in writing a business plan. One of his obviously confused wannabe entrepreneur in the audience stood up and asked… “Sir, Did you mean that writing a business …

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8 Types of Business Insurance Every Entrepreneur Must Know About

Reading Time: 5 minutes There are many types of business insurance cover available out there for business owners.   Unfortunately many entrepreneurs, particularly small business owners seem not to know the  positive impact insurance can make on their businesses. Particularly in a developing country like Nigeria, insurance knowledge is low.  Ask someone whether he has a life insurance policy he will tell you he doesn’t …

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