Michael Botu's Blog

WEALTH DOES NOT EQUAL INTELLIGENCE AND OR WISDOM It is wrong for entrepreneurs to think that just because someone works for them, that person is inferior or less intelligent and or lacks wisdom. The average entrepreneur in Nigeria threats his or her employees as slaves who are nothing but tools to be used and dumped whenever necessary. But is that the best?  You don't scold a grown man or woman like you are scolding a toddler, and in some cases less than you will scold your under age children and still expects them to be at their peak performance wise.

IT PAYS TO PAY OTHERS “If you deprive yourself of outsourcing and your competitors do not, you're putting yourself out of business.” ~ Lee Kuan Yew It's wisdom to evaluate where you are and project for the future as an entrepreneur, for the pain of closing a once thriving business goes beyond the immediate lose of a source of income for the business owner and jobs for the employees but also potential investors that may become frightened to invest in the sector. Imagine the ripple effect. Getting it right and keeping the business afloat and growing takes ingenuity. And because no one knows it all, outsourcing is a safe way to get things done effectively.

REDUCE FEAR: Fear stops action. Entrepreneurs have to be able to pivot and quickly take action when they see an opportunity or recognize a mistake. With fear riding on your shoulder, you won’t be a successful entrepreneur. As an entrepreneur, if you let fear be your guide, you won’t be able to listen to your intuition, you’ll be afraid to take the necessary risks, and your judgment will be clouded by emotion. Find ways to reduce and manage your fear and you’ll be a much more successful entrepreneur.

TURN THE TIDE IN YOUR FAVOR. "It is not what happens that determines the major part of your future. What happens, happens to us all. It is what you do about what happens that counts." ~ Jim Rohn We all feel the pain, disappointment, frustration anguish and disgust. Things and situations we thought will get better are getting worse. The Late Sage Pa. Rewane puts it succintly when he said "Yesterday we prayed for a better tomorrow, today we weep for a better yesterday" It's so bad even the daring optimist are beginning to harbor doubt's about the possibilities of the emergence of the Nigeria of our dreams in our lifetime. Truth is what's happening is happening to us all, the question is what are you doing about it. As Jim Rohn puts it "Disgust and resolve are two of the great emotions that lead to change"