Tuesday, May 21, 2013

HOW TO START YOUR OWN BUSINESS

MAKE 2013 THE YEAR TO LAUNCH YOUR DREAM COMPANY

LEARN HOW TO TURN YOUR IDEA INTO A MONEY MAKING VENTURE


In this book,i have shared Practical strategies on how to become wealthy by starting your own business.You will learn:
  • -How to generate business ideas,
  • -Possible businesses you can start with little or no capital
  • -How to write  business plans and proposals that will make investors drop money for your business idea
  • -How to build networks(people and relationships) that will build and invest in your company
  • -How to  convert your talent and skills into money making ventures
  • -7 Entrepreneurial Skills you need to start and succeed in business
  • -How to start a Non-Governmental Organisation ( N.G.O) and steps to becoming a Social Entrepreneur
  • -21 Ways to raise capital/funds  for your business and more.  
  •  
     

About the Author:

Christian D.Ani is a business coach,agric-business consultant,insightful teacher and serial entrepreneur  with special interest in Agriculture,Real-Estate,Fashion and Internet Start-ups.He is the Founder of Big Brain Foundation for Agricultural Development and Team Leader-Youth In Agriculture Project. He is also a facilitator at Wisdom Leadership Institute(WLI)  and Youth Development Academy (YDA) where thousands of emerging leaders have been trained and deployed. He is  launching  a new online  entrepreneurship school in June 2013,that will help people to access  mentoring,networking and funding opportunities for there business ideas

 BONUS:From June 15th 2013 visit www.businesscoach247.com

 

    A WORD FROM THE AUTHOR:
    When you get this book, you will know why i have never looked for a job or written a CV  since i graduated from the  university in 2011( at the age of 21). You will see the strategies i used to start my first business in my second year in the University( at age 17 plus).
    You will also see why i have never borrowed  to run my young companies.
    I have written this book to shift your mentality from job seeking to job creation and wealth generation.
                                               

The book is available in  Print and e-book edition.
How to Order:
e-mail:mymoneymachineworld@gmail.com
Call: 07035219208, 08179220536
Price: N1000.00(one thousand naira)
( e-book or print edition) 
 Delivery nationwide
Pay into the Author's Account
Account Name: 
ANI CHRISTIAN DABERECHI
Account Number: 0029994664
Please send and sms to the above numbers .Include the following details when you make payment to the account.:Your  Name,Location, e-mail  Teller number.
Christian Ani,delivering  a business training at Youth Development Academy



    TESTIMONIES FROM READERS
    " I read this book and immediately discovered a problem i can solve within my environment that will profit me small small,i have started already,just few days after reading "START YOUR OWN BUSINESS"  The book is practical.Thanks alot Sir"
                                                                          ESTHER 100level Student
                                                          Enugu State College of Education   
                  Good day Chris! it is a great break down and analysis on how to start my own business...I love the book,thanks for letting me have this book..may God in his infinite mercy continue to give you the wisdom to establish youths with relevant values and Skills..God bless      
                                                 Chijoke 200 Level Science Student
                                                                          Unizik,Awka



Christian Ani,Best Selling Author,Business coach and Entrepreneur

Monday, May 20, 2013

Bill Gates Retakes World’s Richest Title From Carlos Slim

                                                Aaron M. Sprecher/Bloomberg
Billionaire Bill Gates, chairman and founder of Microsoft Corp.
The 57-year-old co-founder of Redmond, Washington-based Microsoft Corp. (MSFT) recaptured the title from Mexican investor Carlos Slim yesterday, according to the Bloomberg Billionaires Index, as the software maker hit a five-year high. It is the first time Gates has held the mantle since 2007. His fortune is valued at $72.7 billion, up 16 percent year-to-date.
Slim’s America Movil (AMXL) SAB, the largest mobile-phone operator in the Americas, has dropped 14 percent this year after Mexico’s Congress passed a bill that could quash the billionaire’s market dominance. That’s helped erase more than $3 billion from the 73-year-old tycoon’s net worth.
“When they’re talking about reform in a country that’s generally poor, and the guy shows up No. 1 on the list -- not a good thing,” said Greg Lesko, managing director at New York-based Deltec Asset Management LLC, which oversees $750 million and has an “underweight” position in Slim’s flagship company. “He’s had a pretty good monopoly situation in Mexico, and the Mexican cellphone user has been paying more than he should. We applaud it for the country.”
Earlier this month, a group of kazoo-playing protesters confronted Slim when he appeared at an event at the New York Public Library, denouncing him for overcharging consumers to enrich himself. He denies the accusation.

Microsoft Rally

The bill passed in Mexico last month, which is backed by President Enrique Pena Nieto and is now before state legislatures, would allow regulators to break up phone companies with more than 50 percent of the market or force them to share their networks. America Movil (AMXL) has 70 percent of Mexico’s mobile-phone subscribers and 80 percent of the country’s landlines.
Microsoft shares have surged 28 percent this year, buoyed by cost controls and sales of business and server software amid weak demand for personal computers running the new Windows 8 operating system. Gates’s fortune has also benefited from a rally in stock holdings that include the Canadian National Railway Co (CNR). and waste-collection company Republic Services Inc (RSG).
Most of Gates’s fortune is held in Cascade Investment LLC, a holding entity through which he owns stakes in more than a dozen publicly traded companies and several closely held operations, including Four Seasons hotels and Corbis Corp. Less than a quarter of Gates’s fortune is held in Microsoft. He’s donated $28 billion to the Bill & Melinda Gates Foundation.
Bridgitt Arnold, a spokeswoman for Gates, declined to comment. Arturo Elias, Slim’s spokesman, didn’t return phone and e-mail messages.

Buffett, Ortega

Berkshire Hathaway Inc. (BRK/A) chairman Warren Buffett is the world’s third-richest person with $59.7 billion, according to the Bloomberg ranking. He is $3.7 billion ahead of Spaniard Amancio Ortega, Europe’s wealthiest person.
Ingvar Kamprad, the founder of IKEA, ranks fifth with a $55.6 billion fortune. The world’s largest furniture retailer generated more than $36 billion in revenue and $4 billion in net income in 2012.
Google Inc. (GOOG) co-founders Larry Page and Sergey Brin have seen their fortunes rise more than 22 percent year-to-date as shares of the world’s most popular search provider have surged. They rank No. 18 and No. 19 respectively.

Tesla Accelerates

The fortune of Elon Musk, the founder and largest shareholder of electric-car maker Tesla Motors Inc. (TSLA), has accelerated 128 percent year-to-date. The Palo Alto, California-based company increased the size of its equity and debt offerings by 30 percent to as much as $1.08 billion to build up its cash reserves and repay its loan to the U.S.
Musk has a net worth of $5.4 billion.
The Bloomberg Billionaires Index takes measure of the world’s wealthiest people based on market and economic changes and Bloomberg News reporting. Each net worth figure is updated every business day at 5:30 p.m. in New York and listed in U.S. dollars.

This Story Originally appeared  in : www.bloomberg.com

Wednesday, May 15, 2013

10 Questions to Ask Before Naming Your Business

What's in a name? When deciding what to call your company, the answer is plenty. A business name can be too broad--or too confining. It can be too quirky--or not memorable enough. The challenge is to pick a name that's catchy, but also fits well with your particular type of business.
Here are 10 questions to ask as you ponder various names, keeping in mind that the choice could make all the difference in establishing your company in the marketplace.
What do I want a name to accomplish for my company?
A name can help separate you from competitors and reinforce your company's image, says Steve Manning, founder of Sausalito, Calif.-based Igor, a naming agency. He suggests clearly defining your brand positioning before choosing a name, as Apple did to differentiate itself from corporate sounding names like IBM and NEC. "They were looking for a name that supported a brand positioning strategy that was to be perceived as simple, warm, human, approachable and different," Manning says.
Will the name be too limiting?
Don't box yourself in, says Phoenix-based Martin Zwilling, CEO and founder of Startup Professionals Inc., an advisor to early-stage startups. Avoid picking names that could limit your business from enlarging its product line or expanding to new locations, he says, citing the example of Angelsoft.com, a company formed in 2004 to help connect startup companies with angel investors. A couple of years ago, the company realized it needed to appeal equally to venture capital and other types of investors. So, it did a costly rebranding to Gust.com, which is less specific and evokes a nice "wind in the sails" image.

Does the name make sense for my business?
For most companies, it's best to adopt a name that provides some information about their products and services. That doesn't mean it can't also have a catchy ring. Lawn and Order, for example, is a good name for a landscaping business because it gets people's attention and also clearly relates to the company's services, Zwilling says. While unusual words like Yahoo and Fogdog sometimes work, quirky names are always a crapshoot.
Is the name easy to remember?
The shorter the name, the better, Zwilling says, suggesting that business owners limit it to two syllables and avoid using hyphens or other special characters. He also recommends skipping acronyms, which mean nothing to most people, and picking a name whose first letter is closer to A than Z because certain algorithms and directory listings work alphabetically. "When choosing an identity for a company or a product, simple and straightforward are back in style and cost less to brand," he says.
Is the name easy for people to spell?
That may seem to be a given, but some companies purposely select names that consumers can't easily spell. It's a risky strategy to try to make a company stand out, and some naming consultants recommend against it. "If your name looks like a typo, scratch it off the list," says Alexandra Watkins, founder and chief innovation officer of Eat My Words, a naming service based in San Francisco. She also believes that it's important that your name be spelled exactly as it sounds. Otherwise, you will forever have to spell it out for people when saying the name or your company's email or website address aloud. "Think of how often you have to spell your own first or last name for people," she says. "Why would you want a brand name with the same problem?"
How will potential customers first encounter your name?
Some naming experts believe there are exceptions to the easy-to-spell rule, especially if most people will see your name for the first time in a print or online ad. For example, consider Zulily, the online company offering daily deals for moms, babies and kids. "If you just heard that name, you might not guess how to spell it, but the company's aggressive online ad campaign has meant that most people first see it spelled out," says Chris Johnson, a naming consultant in Seattle and author of The Name Inspector blog, who came up with the name Zulily. "The payoff is that the unusual sound and spelling of the name have helped them create a very distinctive brand."
Does the name sound good and is it easy to pronounce?
Manning says the sound of the name is important in conveying a feeling of energy and excitement. You also must be sure potential customers can easily pronounce your company's name. "It is a hard fact that people are able to spell, pronounce and remember names that they are familiar with," he says, pointing to Apple, Stingray, Oracle and Virgin as strong names. But he doesn't like such company names as Chordiant, Livent and Naviant. "These names are impossible to spell or remember without a huge advertising budget, and the look, rhythm and sound of them cast a cold, impersonal persona," he says.
Is your name meaningful only to yourself?
A name with hidden or personal meanings evokes nothing about your brand, and you won't be there to explain it when most people encounter it. "Refrain from Swahili, words spelled backwards, and naming things after your dog," Watkins says. She gives the example of Lynette Hoy, who was using her first and last name for her PR firm in Bainbridge Island, Wash. The name didn't work because it failed to evoke Hoy's fiery personality and passion, Watkins says. So, the company was rebranded Firetalker PR, and Hoy took the title of Fire Chief. She called her office The Firehouse, and began offering PR packages such as Inferno, Controlled Burn and The Matchbox. "Her entire brand is built around that name and lends itself to endless ways to extend the name," Watkins says. "Her prior name didn't lend itself to any theme or wordplay."
Is the name visually appealing?
You also want to consider how the name looks in a logo, ad or a billboard, Manning says. He points to Gogo, the inflight Internet service provider, as a good name for design purposes. "It's the balance of the letters, all rounded and friendly, versus a word with hard, angular letters like Ks and Ts and Rs," Manning says. Other visually appealing names include Volvo because it has no low-hanging letters and Xerox for the symmetry of beginning and ending with the same letter.
Have I conducted a proper trademark search?
A great name is worthless if someone else already has laid claim to it. Start with some free resources like Trademarkia.com or USPTO.gov to do a cursory search to see if the name is already in use. Then, hire a trademark attorney to do a more thorough screening, and if the name isn't taken, to register it with the U.S. Patent and Trademark Office. "Get it right the first time," Watkins says. "A third of our business comes from companies who are being threatened with trademark infringement."

Tuesday, May 14, 2013

4 Things Your Startup Needs to Attract Investors

1. Have a Unique Idea With High Barriers to Entry

In order for venture capitalists or investors to justify the large risk they are taking with your company, you must offer them a fresh business venture that promises to fill a void in the marketplace
"Investors are looking to fund projects that are unique and can't be easily replicated.
"Venture capitalists are looking to fund projects that are unique and can't be easily replicated. Ideally, the technology or service can be patented or trademarked to give the startup some breathing room and really allow the business some time to gain traction and marketshare." Anyone can sell something online, but there are certain products that have yet to be developed — like the car battery that goes forever, or innovative, accessible and low cost energy sources, these are the ideas that investors would drool over — they are motivated by the next big thing like anyone else.

2. Develop a Compelling Value Proposition

Angel Investors and venture capitalist are really knowledgable in the startup space, so you must be able to show them why your business is different and better than each of your competitors. Showing Investors that you have a compelling value proposition is hugely important, and is often overlooked by first-time entrepreneurs. Michael Goldstein, founder of DC-based startup accelerator Exhilarator, stressed the importance of determining customer interest.
"My personal gauge when evaluating a startup is, would the target customer wait in line for five minutes to get access to the product/service, or would they abandon? If it took five minutes to download an app or to access a site, would the customer persist?"
Another important factor of creating a value proposition is scalability. Are there enough people interested to scale the business? Even if you have a really cool, unique idea, it's not fundable if it's not scalable. What market are you going after, and how large is it? Investors need to believe that the market opportunity is sizeable, and that your company can generate substantial revenue at scale. Prahar Shah, CEO and co-founder of Mobee, elaborated on the importance of recognizing the opportunities in your market of interest.
"Be sure to size the market correctly and educate the investor not only on how large your market opportunity is, but also why it's ripe for disruption.
"Be sure to size the market correctly and educate the investor not only on how large your market opportunity is, but also why it's ripe for disruption. When I asked one of Mobee's investors why he decided to back us, he quickly responded: 'You're going after one of the only billion-dollar industries — Mystery Shopping — that's still run on pen and paper!' " So, the takeaway is this: If your business is a product, demonstrate that people are willing to pay for it and have an unmet need that your product fills. If your business is a marketplace, be ready to show traction on both supply and demand sides.

3. Demonstrate Market Traction

In a competitive economy, it's important for a startup to show cognizance and relevance in their market. Early-stage VCs want to see a sizable market opportunity before writing a check, and startups can demonstrate this through a pilot or beta customers.
More importantly, startups should demonstrate the ability to convert that pilot into a paying customer. Nina Nashif, founder and CEO of Healthbox, believes that showing market traction is critical, and startups should be able to replicate the process of turning a pilot into a paying customer over and over again. "The greater the number and the quality of early customers displays the startup has the ability to grow past the initial interest from early adopters."

4. Assemble the Perfect Team

Some think that having the right team is the most important factor in attracting v capital funding. Startups rarely have the perfect product and market fit right away, and they will probably need t
o pivot based on customer needs, competitive factors and industry transformation.
Ryan Feit, CEO and co-founder of SeedInvest, an equity-based, crowdfunding platform that connects investors to high-quality startups told Mashable about the importance of finding the right team.
"Given the high degree of uncertainty associated with early-stage investing, VCs bet on the jockey over the horse because they need to have a high level of conviction that the team has the necessary skills, domain expertise and diversity to evolve just as quickly as the industry does."
So whether your team is made up of experienced entrepreneurs, or recent college graduates — as long as your team members have complementary skills with a track record of collaborating well, you should have a solid shot at attracting some venture capital funding.

Monday, May 13, 2013

Business Coach: How to Write a Funding Proposal

Business Coach: How to Write a Funding Proposal

How to Write a Funding Proposal



It is important to know how to write a funding proposal as this is your chance to convince potential funders that your business is run efficiently, that it is accountable and that it can achieve the objectives it sets.

How to write a fundingproposal that will have impact
Money

Before you begin to write your funding proposal, you need to do planning and research. You must be clear on the following:
  • Know the requirements of the funder who will receive the proposal.
  • Find a funder who has similar agenda to yours.
  • What need is being met by the product or solution your business offers?
  • What is the product or solution offered by your business?
  • How does your product or solution meet the need defined above?
  • How much will it cost to get your business idea off the ground?

Follow these hints on how to write a funding proposal

Be structured. If your proposal is well-thought out and ordered, it says a great deal about how you’ll run your business. The converse is also true.
Be persuasive. The aim of writing a funding proposal is to get someone to agree to give you money.
Be technically detailed and correct. This means you have to have done your homework.
Be brief and to the point. Convey the required information in a concise manner.

Funding proposal must-haves

Your proposal needs to include:
A summary will provide an overview of the project. It must identify the challenge that your business wishes to address, how you plan to address it, why you want to address it, how long it will take and how much it will cost.
The introduction gives an overview of your business that includes what your company is called, where it is based, what it does and who it employs. Include your vision and mission statement and company goals.
Provide detailed background information about the business that shows it is a good risk for the funder. It also provides information about the environment that your business operates in, including the market that it addresses. Here you can include a SWOT analysis of your company.
Project details describe exactly how your business plans to reach its goals. Be clear about your objectives and what it will take to reach them. Also list your resources, including staff and technology, that will help you achieve your goals. It’s also important to include how you will measure your progress. Give the relevant figures and refer to the supporting documents where required.
The conclusion will explain how the funds will be used and accounted for. Include the main budget items and once again, refer to supporting documents for more detail.  The budget is the financial plan that will control the allocation of funds. You need to research your costs to work out your budget, remembering to allow for contingencies.
Supporting documents and materials can include anything that may help the funder reach a decision. These can include financial information, legal documents and any other information about your company that you think will be relevant.

Sunday, May 12, 2013

Cynthia: The vibrant farmer impacting the youth, promoting modern agribusiness



She was among the selected six to attend the 17th Ordinary Summit of the African Heads of State in Malabo in 2011, and was the last to speak. Not moved by the presence of seating presidents, she spoke ardently about the challenges that affect the young people in Africa, something she has worked on till date and remains passionate about.
“When an opportunity presents itself, we must make the best use of it. Sometimes we may be lucky to have a second chance, but sometimes we may not. So when a door has been opened, you must walk through it and make the best use of it,” she fires her opening salvo.
Vibrant, industrious and goal-oriented, Cynthia Umoru is my Inspiring Woman for this week. Cynthia Mosunmola Umoru, a Zoology graduate from the Lagos State University (LASU), is the founder of Honeysuckles PTL Ventures, a company engaged principally in farming, food production, processing and distribution – a company she started right out of college. The company recently launched its first flagship retail outlet under the Farmshoppe™ in Ikeja, Lagos.
Cynthia is creating a step-by-step process to help young people take up farming, and for schools, government, and businesses to provide the kinds of next generation services and products to move them through the process. For Cynthia, it is about influencing the younger ones positively and making them understand the importance of engaging in positive things, such as agriculture, by introducing them to modern agribusiness, an initiative she started in college and from which she has found great success. She also gets them started on the path to their own successful agribusinesses. “I am engaging schools, government, and businesses to understand how absent the infrastructure for participating in modern agriculture is, especially for youths.
If facilities are available, and infrastructure is in place, it will become easier to reach out to the youth who must indeed be convinced about something before venturing into it. When the facilities are not available, it becomes a challenge. Not daunted by all the inadequacies the environment poses, I am determined to inspire the youths because gradually, things are beginning to look up, attention is being given to agriculture, but a lot more needs to be done,” she reveals.
To date, Cynthia has convinced the Ministry of Agriculture in Lagos State to set up a training programme to teach business to young farmers, using one of her farms for research and training. She has also set up a programme for women farmers aged 16-35 to be trained through the Lagos Business School. She also works through existing youth organisations to continue her outreach to youth.
Cynthia’s outreach and training activities have been funded by her private venture, Honeysuckles PTL. However, as she expands, she is also pursuing grants from foundations and government.
If there is a project that is burning in Cynthia’s heart, it is the Abira Agricbusiness Support Project. Hear her talk about it: “This project provides services that include Agricultural Entrepreneurship Development, Accounting and Financial Management, Financial Brokering, Technical Training, Strategy Development, and Product Development. The reason for this is to make available a consistent support, from conception to implementation to evaluation. I believe strongly that Abira will serve as a concrete model and reference point of the kind of programme needed to really propel agriculture into the 21st century in Nigeria and many other parts of Africa.
“Farming, before now in Nigeria, was termed business of low-lives and with the barrier to entry being so high for young people to actively participate, but I am glad that that notion is gradually becoming a thing of the past as youths are beginning to embrace agriculture. If only we knew how rich we are as a nation agriculturally, we won’t concentrate too much on oil for economic development. I have decided to chart this course and I am positive that with the way things are going, in the nearest future, agriculture will be the in-thing; the earlier we catch the ‘bug’ the better. Come join me on this ‘train’. Nigeria is heading for a greater destination and with you and me, we can make that change, O yes we can!”
Umoru is an Alumnus of the Pan African University under the Enterprise Development Center (CEM), and an alumna of the US Department of State’s International Visitors Leadership Programme. She is a young Nigerian Ambassador and a youth advocate who serves as a Youth Consultant to the African Union Commission. She is a Goldman Sachs 10,000 women Scholar. She started ABIRA Agribusiness Support Project in 2009 and by November 2011, this initiative earned her the prestigious ASHOKA Fellowship. She is one of the 2012 NAIJA Diamonds

Saturday, May 11, 2013

TOP 10 Powerful Secrets of Successful Entrepreneurs



Think and behave like an Entrepreneur. Your attitude will determine your altitude.
Developing this mindset will make you and your business a great one. Below are the top ten secrets of Successful Entrepreneurs:
1.Vision
 Business starts with a VISION. All true business leaders are visionary. A successful entrepreneur must be a great dreamer and a visionary, who must be pregnant with productive ideas. One who sees into the future and believes in the vision.
2. Burning Desire
The motivation to start and run a business enterprise must be with a burning desire. A burning desire protects, it helps you to face challenges and obstacles which will present themselves during the period of building your own business. A burning desire makes it impossible to be convinced that your vision cannot come to pass. If you are not passionate about your business or dream, it will not come to pass.
3. Ability To Start Small
Entrepreneurs who start with too little capital are usually more successful than those who started with too much capital, because little capital produces more drive to produce more result.
Pastor E.A. Adeboye said in one of his teachings that “there is beauty in starting   small” God values little beginning.
 Small beginnings makes you learn to think fast, take quick and positive decisions. Any one of today’s tiny, part-time, home based businesses has the potential of becoming tomorrow’s giant conglomerate.
The Chairman of Peace Group of Companies (owners of Peace mass transit) started as  a bus conductor, and then moved to owning two buses; today he has the Largest Mini-bus transport company in Africa with over 3500 staffs on payroll.
4. Service-Oriented Mentality
If you want to be rich simply serve more peopleRich Dad.
Business is simply servicing the needs of people. Bill Gates and Larry Ellison did not join the rank of richest men in the world until they provided easy-to-use software for millions of individuals and businesses. Aliko Dangote did not become the richest black man in the world until he provided the basic needs of over 50 million Nigerians.
Ask not what your country can do for you; rather ask what you can do for your countryJohn F. Kennedy
5. Diligence
This demands that you work hard to accomplish your business dreams. The chancellor of Covenant University, Dr. David Oyedepo declares that “Diligence has no substitute”. Don’t just dream it, work it out. I learnt that Dr David Oyedepo works for average of eighteen hours a day,Aliko Dangote works on average of sixteen hours a day. The result is speaking.
Work harder, better, smarter, and longer.

6. Strategic Planning
Having decided on the business you intend to set up or what amount of money you intend to make, you will need to draw a business plan or financial strategy.
Planning simply means system of achieving objectives and goals or a method of doing something that is worked out in advance.
The book of proverbs says
“Every great enterprise is built by wise planning”

7. Risk Taking & Persistence
There is a direct relationship between the level of risk and the likelihood of success in the world of wealth creation. If you don’t take a step, you would not see the success. Business success is not an overnight event; you must persist and take the necessary risk before you breakthrough.
Thomas Edison tried 999times, but the breakthrough came at the 1000trial. Today, his company is one of the largest in the world.  The higher the risk, the greater the returns and also the greater the loss.

8. Innovative Thinking
Great men like Dr.David Oyedepo, Ben Carson, Sam Maduka Onyishi, Mark Zuckerberg,Steve Jobs have this has one of their core values. You must be an innovative thinker and you must be innovative in business to stay ahead.

Innovation is the capacity to create new approaches to deal with old challenges. Innovative thinking makes you a creative and innovative entrepreneur. Think outside the box, draft new strategies, and develop new ideas to run your business. Stop thinking ordinary!

9. Character Development
In your quest for business success, develop sound character that will speak well of you. The chairman of Peace Group of Companies Ltd (owners of Peace Mass Transit) once told my mentor (Chukwuemeka Asogwa) at the airport that rich people are in great need of people to trust. According to this businessman, Sam Maduka Onyishi, his Chinese business partners could release any number of goods for him without fear of betrayal or fraud. That’s Character, it is a Social Capital. Trust is one of the most valuable commodities in the market place. Be a business man with integrity and sound moral principles. Most people ask how character is developed, simple! Just make right choice and you have built Sound Character.

10. Goal- Setting
A goal is a guide to success; it helps like a road map, which shows us the routes to success. Every great business leader is a goal setter and a goal getter. Write short, medium and long term goals. The short term goals are immediate goals achievable within the next twelve months, while medium term goals are those attainable within a period of one year to three years. Long term goals are goals that are envisaged to be attained within three to five years.
One unique goal that drives any entrepreneur is financial goal. You need to imagine   how much you plan to make in the next one year for your short-term financial goal and  in three years for your medium term financial goal and how much money you intend to be worth in four years time for your long term financial goal.
Learn More about this Topic,You can Order the Book ,START YOUR OWN BUSINESS  by Christian D.Ani  .e-mail:mymoneymachineworld@gmail.com