| Having the right attitude, mindset and the requisite | | | | to salvage the situation. |
| knowledge about a certain venture is a Joker key to | | | | When The Issue of "THE CAPITAL MARKET |
| a successful business. The world is fast changing | | | | SCHEME" came on board, I warned some of my |
| from the norms, things are done differently in today's | | | | folks to watch out because it might not all be that |
| world due certain factors; Environmental, | | | | smooth sailing, some listened while others did not. |
| Technological Social, Economical and So on. | | | | Some went to the point of selling off their entire |
| Becoming a major player on the economic front is an | | | | properties with the sole aim of buying more shares |
| arduous task considering various forces that one has | | | | for what would have been called for the raining days |
| to contend with. I have seen billionaires going down | | | | but it ended up in the sunny days. I have no problem |
| the drain not because they aren't smart, but because | | | | with the capital market scheme but what I have a |
| they didn't get certain things right. Hence, leading to a | | | | problem with was how people went about it. Wisdom |
| colossal failure. Acquiring the right knowledge and the | | | | is profitable to direct says the bible; If I was to find |
| ability to read in between the lines is the only sure | | | | myself in that situation, my approach would have |
| key to a successful business. Businesses don't always | | | | been to get as much shares that I can buy and sell |
| work on speculations and assumptions as some | | | | them intermittently, it will be interesting to note that |
| analysis and economic projections have not only | | | | my turn over would have been more than those that |
| crippled some businesses, but also made moribund. | | | | had invested heavily in the scheme who are only |
| Insight is the key that separates the haves and the | | | | waiting for the shares to go up before selling. |
| have-not under a constructive and critical analysis. It | | | | Money Is worthless when its tied to a spot, but it is |
| bothers me when I see some people chasing the | | | | worthwhile when it is invested through various viable |
| multitudes Just because certain ventures is booming | | | | mechanisms, It is only the major players that will be |
| at a particular point in time, some blindly tread on | | | | able to understand the market trends not the novice, |
| that path without any sense of consciousness, | | | | u are knocked off when You find Yourself in a |
| forgetting that among the crowd there exist some | | | | wrong environment, that is how it has been and it will |
| smart ones. When they are blown away by the | | | | continue to be that way. The Rich will always prey |
| economics tides the smart ones are able to | | | | on the weak. The Bank Directors were busy making |
| withstand the after shocks but the weak are left to | | | | money off their innocent victims because they |
| their fate. | | | | understood the trend of things and they had heinous |
| A little over a year ago in Nigeria to be precise, | | | | ambitions of deceiving the people to part away with |
| There was this crave for "CAPITAL MARKET and | | | | their money by making them believe that everything |
| FOREX", but I will limit my analysis to CAPITAL | | | | was Healthy. One of my closest friend fell for that. It |
| MARKET for now. Quite a number of people were | | | | took the intervention of the federal government to |
| rushing to that market segment of the Economy; | | | | bring the situation under control but the damage had |
| some were busy buying shares in fact others had to | | | | already been done. The major players will always |
| pump in their entire life savings just because it was | | | | continue to prey on the weak as long as economies |
| showing some sort of healthy signs forgetting the | | | | continue to exist, but the ability for the weak to |
| fact that It is human beings that are in charge of | | | | read in between the lines will stand them out. |
| that segment. I have no problem when people | | | | It is so easy to buy a dummy, but it is also easy to |
| decides to make quick money but I have a problem | | | | avoid the dummy. If you are not part of a particular |
| when people think they have acquired enough | | | | environment and you manage to find yourself there, |
| knowledge to delve into certain venture. As a former | | | | You should then be prepared to meet Your |
| student of Business studies, I was taught on how to | | | | Waterloo, that is how it has been and it will remain |
| watch my back and read in between the lines when | | | | that way. Some of the problems are: |
| certain quick money making ventures spring up from | | | | *Vague knowledge about certain ventures |
| no where, Something may be amiss. When such | | | | *Inability to provide the right synergy between a |
| fictitious ventures present itself, it's always good to | | | | business and ordinary environment |
| first of all take the back seat. | | | | To Make it In business, One must put the following |
| I'm a preacher of "Speed to Market" but certain | | | | Points into Considerations: |
| elements defile this principle most especially when the | | | | * The Right Environment Should be at the center |
| principle is subjected to a constructive scrutiny. Even | | | | stage |
| In America, People still play pranks with other | | | | * Do I have the requisite knowledge for the Business |
| people's money, We wont forget about the cases of | | | | * Understanding the Marketing environment i. e, the |
| "Enron and World com" It was a scam that made | | | | target markets by knowing their need and want at |
| headlines back in those days, the bigwigs succeeded | | | | every given time |
| in deceiving people by making them believe that all | | | | * Having the ability to read in between the lines. |
| was well, quite a number of people are yet to get | | | | Making a mark in Business requires a whole lot of |
| back to their feet after the unfortunate incidents. It | | | | things, but one's ability to understand what is required |
| took an intervention from the America government | | | | will initiate the first step to success. |