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Maiyegun General

Monday 31 August 2015

Series: Breaking The Jinx I - By Badero Olusola


By Badero Olusola

Life they say, is "the condition that distinguishes animals and plants from inorganic matter, including the capacity for growth, reproduction, functional activity, and continual change preceding death." - the origins of life. Life begins from our first breath and ends at our last. While human nature is described as the primary determinant of what a man would become. Simply defined as "the general psychological characteristics, feelings, and behavioural traits of humankind, regarded as shared by all humans." We all have the same instinct of survival whenever our comfort zones are threatened.

On this note I want share my personal opinion and advice with the people of my constituency -- the youth.

I wrote a similar post on how the youth can break the jinx of enslavement covertly embedded in the policy of successive governments in Nigeria and indirectly, sustained the generational socioeconomic incapacitation prevalent among the millions of Nigerian youth still living in the country.

I wrote about cooperative investment and middleman ideals in gaining economic independence.

In this article, I will enunciate further on why it is better to be an employee of labour than "apply-er" of labour, -- and how.

I had a discussion on this same topic with a friend in Nigeria asking me to raise some money for a business back home. He had a very brilliant idea in agricultural business that can yield good return, with a moderate investment. But my friend had no capacity to put his idea into practice cuz of the needed start up capital.

In my response; I asked if there were no alternative ways of raising the money? The banks -- especially the micro finance banks? He only belabored me with sad tales of what you will have to go through in securing the loans, and other sundries! Then I asked if he knew anything about "crowd funding"? I knew he won't have an idea, just like many of you reading this.

"Crowd funding", is the practice of funding a project or venture by raising many small amounts of money from a large number of people, typically via the Internet. So many people have raised unbelievable amounts of money to support good causes, all around the world - via the Internet. Crowd funding can be used to raise campaign money for a popular candidate who has no financial strength to back his campaign.

But you don't need an internet based "crowd funding" group before you can start something that will change your life forever. You can live your dreamed life by working with another group of people with the same goal like yours, all by pulling your small resources together to start a business.

In the next two series, I'll explain more on;

***How can you set up a successful "Crowd Funding" group, backed by a solid legal agreement, signed by all the stakeholders, for your next business adventure.

***Three business ideas that can be funded through "Crowd Funding".

The two series above will be next.

You don't need to be in government before you can become somebody. The spirit to "Breaking The Jinx" is right there waiting inside of you, day and night. Just take a minute to talk to it.

To be continued...

Stay tuned!

Maiyegun General

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