Showing posts with label Business. Show all posts
Showing posts with label Business. Show all posts

Aliko Dangote Still Africa’s Richest as Otedola drops off billionaires' list

08:01 Add Comment

On this year’s list, Forbes is only including African billionaires living in Africa, instead of featuring Africa’s 50 richest people. There are 21 billionaires on this year’s list, worth a combined $70 billion.

Nigerian cement tycoon Aliko Dangote remains Africa’s richest person for the sixth year running with a $12.1 billion fortune, despite a nearly $5 billion drop in his net worth for the second year in a row.
Dangote is joined by just two other Nigerian billionaires on this year’s list – telecom tycoonMike Adenuga, who is Africa’s third richest person with an estimated $5.8 billion fortune, and oil billionaire Folorunsho Alakija, who has an estimated net worth of $1.6 billion.

5 Keys to Entrepreneurial Success in 2017

01:50 Add Comment

If you are ready to experience entrepreneurial success in 2017, be prepared to work. There aren’t any eBooks or monthly programs that are going to magically eliminate or reduce the workload that is required to be successful.
The other day I overheard a business owner say, “Hopefully, luck will be on my side next year and business will take a turn for the better.” Sadly, that way of thinking isn’t going to help him one bit -- if I were to make a bet, I would let it ride on him failing again.

If you are banking on luck, you might as well hit the casino and let it all ride on red or black at the roulette wheel. Here are five very simple, yet seemingly overlooked key points you need to address if you want to experience a successful 2017.

1. Put past failures behind you.

There are far more failures than there are success stories when it comes to startups and new businesses. Most fail, and that’s just how it is. It’s very rare that you will find a successful entrepreneur that hit a home run at his or her first at bat. 
In order to eventually get your win, you need to learn from your past mistakes, but also put them behind you. Don’t dwell on them or waste time looking back. focus all your energy and momentum on what’s in front of you. I had several failures before I found success with my marketing agency.

2. Show up daily ready to hustle.

The minute you start to slack or switch into cruise control mode, you immediately lose valuable momentum. Go into each day knowing you must hustle hard and take full advantage of every available minute.
My company just did a soft launch of the first of a half-dozen consumer brands we are bringing to market in 2017 and we also have a new influencer marketing agency,blerrp, launching in the new year. My plate is beyond full -- it’s overflowing, and if I don’t show up every day ready to give 100 percent it’s going to be a disaster. Commit and then hold yourself accountable -- your success depends on it.

3. Work on your business daily.

Work “on” your business, not “in” your business.
Once you understand there is a huge difference, you will experience the type of growth that is needed to succeed. Learning to delegate responsibilities was one of the reasons my marketing agency succeeded, while past ventures failed. I used to think that I could do it all -- trust was a big factor. I would rather work 18-hour days and try to do it all rather than delegate to someone capable of handling the tasks. 
Hire freelancers and virtual assistants to handle simple, yet time-sucking tasks. This allows you to focus on more important tasks, like strategy and growth. Use these tips to make your freelancer hiring process as smooth as possible.

4. Learn and improve daily.

Strive to become a better entrepreneur every single day. There are several ways to learn -- industry conferences, mentors, coaches, etc. -- but there is something you can do every morning that will have a huge impact on your success -- reading.
Reading allows us to absorb information from some of the smartest people in the world who share their expertise and logic, helping us to become better entrepreneurs. While it can be difficult at first, try to dedicate a part of your morning ritual to reading, even if it’s just 15 minutes. Over time you will discover that this can be one of the most beneficial parts of your day.

5. Refuse to quit.

Giving up is for cowards -- it’s the easy way out.
It’s going to be difficult. There are going to be times that it seems impossible. When faced with obstacles, take a step back and be grateful that you have this opportunity. There is no better time to start a business than right now. You can start with very little to no capital and you don’t even need a physical office location. 
Promise yourself that you will not quit, no matter how difficult the journey becomes and the odds that you succeed improve drastically.
Written by: Jonathan Long

Apple CEO condemns Trump's immigration policy

07:43 Add Comment

In an email sent by Apple CEO Tim Cook to employees obtained by Business Insider, Cook said that Donald Trump's executive action on immigration "is not a policy we support."

"Apple would not exist without immigration," Cook wrote.
The e-mail is reproduced below.
On Friday, Trump signed an executive order that blocked citizens of seven Muslim-majority countries, from entering the US for at least 90 days, including people who already have visas and legal permits to live in the US.
The countries affected are Iran, Iraq, Libya, Somalia, Sudan, Syria, and Yemen.
The technology industry, including Apple, has scores of employees and participants who have been affected by the ban. Apple joins other tech giants including Microsoft, Facebook, and Google who have had executives privately and publicly react to the executive order.
Cook has spoken with Trump at least twice — first in a congratulatory call shortly after Trump was elected, and more recently at Trump Tower along with several other tech leaders.
Apple was founded by Steve Jobs, who was the son of a Syrian immigrant.
The email Cook sent to all Apple employees worldwide is reproduced below:
Team,
In my conversations with officials here in Washington this week, I've made it clear that Apple believes deeply in the importance of immigration -- both to our company and to our nation's future. Apple would not exist without immigration, let alone thrive and innovate the way we do.
I've heard from many of you who are deeply concerned about the executive order issued yesterday restricting immigration from seven Muslim-majority countries. I share your concerns. It is not a policy we support.
There are employees at Apple who are directly affected by yesterday's immigration order. Our HR, Legal and Security teams are in contact with them, and Apple will do everything we can to support them. We’re providing resources on AppleWeb for anyone with questions or concerns about immigration policies. And we have reached out to the White House to explain the negative effect on our coworkers and our company.
As I've said many times, diversity makes our team stronger. And if there’s one thing I know about the people at Apple, it’s the depth of our empathy and support for one another. It’s as important now as it’s ever been, and it will not weaken one bit. I know I can count on all of you to make sure everyone at Apple feels welcome, respected and valued.
Apple is open. Open to everyone, no matter where they come from, which language they speak, who they love or how they worship. Our employees represent the finest talent in the world, and our team hails from every corner of the globe.
In the words of Dr. Martin Luther King, "We may have all come on different ships, but we are in the same boat now."
Tim