money speaks pilot edition1.pdF

The term “micro-business” seems to put many young Nigerians off because they
have delusions of grandeur and only seem to manage to visualize themselves as
the CEO of a large multinational conglomerate. What these day dreamers don’t
seem to comprehend is that the so-called “Multinationals” that they admire and
in some cases “worship” all started as micro/small businesses.
Facebook, the company that has gone on to dominate
the social media space and currently valued at $80
Billion dollars, was started by an undergraduate as an
online university forum where fellow students can
congregate.
Tesco, the European retail conglomerate with annual
earnings in the $Billions of dollars started as a small
grocery store in England selling fruits and vegetables.
McDonalds, the fast food giant with the largest
market share valued at $47 Billion dollars, started
as a roadside burger bar in a small obscure town in
Carlifornia Usa called San Bernadino.
Richard Branson the Billionaire founder of Virgin
Corporation started his empire by selling records (cd’s to
you young generation), and he could not even afford to
rent an office when he started so he used a public
telephone box to make and receive his telephone
I can go on and on and cite countless examples of companies which are household
names today that started from extremely humble beginnings. The desire from certain
segments of the Nigerian youth to become billionaires in one day is stifling
productivity among the youth. This instant millionaire mindset that refuses to craft a 5
or 10 or even 15 year success plan has become the proverbial “joker in the pack” in the
youth transformational agenda. Everybody wants their Range Rover sport and Bentley
today and they don’t want to consider any business or opportunity that does not
gratify instantly.
66