Showing posts from November, 2016

Apaflo Profits Multiplication Table

Almost every week, i'm inundated with people calling me to say David what can I do to make money? Especially with Nigeria going through a recession/depression. I always start by asking the following questions: What are you currently doing? I'd like to know what you have started doing or what you plan to do. Action action action. Preferably I like people who have started doing something at least. Can what I am doing scale? Scale is simply about serving more people with little or no increase in costs. On the average almost every business can scale but there are usually limits. I'd do a subsequent post discussing scaling in detail. How much of scale do I want? I'd rather rephrase this as how much of profits do I want? The Apaflo Profits Multiplication Table (APMT) basically shows how profits multiplied by customers gives you money in the bank! Sell an item with a profit of $1 to 10 people, you make $10. Sell an item of $100 to 1,000 people you have $100,000

Leadership in unlikely ways

One cool evening after work, I was driving home on the busy Adeola Odeku Street in Victoria Island. The beauty of the night lights really gives the street a nice dazzle. Away from the aesthetics of the road, from afar I saw one of the traffic lights blinking - signaling it was about to turn red and I frantically tried to pick up speed to beat the light to no avail.  As I settled down accepting my fate, the drivers behind me didn't seem to understand that RED meant stop as they kept on blaring their horns for me to move so they could also move. I decided to wait for the light to turn green before I moved ignoring the resulting noise pollution coming from behind me. As I drove off , I started seeing leadership from a different dimension. The fact that the right actions of one man can actually compel others to act right. In this situation, once I wasn't going to beat the light every other person behind me had to wait whether they liked it or not. I re