I recall the write up below from a mail sent to me by an older friend who was a top management staff of a leading nigerian bank
Please try to create time to read through.
Nigeria educational system is tailored towards developing more capitalist slaves and not entrepreneurs (a Harvard Business
School professor, Professor Bower, told me in 2005 that working for someone is capitalist slaves or method of slavery).
Unlike Nigerian system, Harvard university MBA is real life experience and tailored towards creating entrepreneurs out of their
MBA students they also follow up their career development etc. It is a fantastic school. However, the issue here is not about MBA,
it is about how we can add more value to our profession by being an entrepreneur and thereby create more jobs rather than
more books. Nigeria needs to grow and it can only grow if value is created. We need to create more job rather than chasing
jobs.
For how long do we want to work for anyone if what we have in our mind is how to be a better employee, a good staff to our
employer or bride to a would be employer. It is okay if you are below 40, but if you above 40, you better get out of that job, fire
yourself or employer and start something now before it is too late. You need at least 5 years before your new business starts
getting it foot right (Pls. read CREATE YOUR OWN FUTURE, by
Bran Tracy ).
The money you are spending on MBA will start a good business for you and you will stop waking up early in morning to meet the
target set by your slave masters (i.e employer). Our problem that we always want to start with big capital. No! you can start with
at least N500,000 or less. I know you will spend more than N500,000 on the MBA programme. It may not be easy initially but at
the end of the day you will be better off. I am speaking from experience. SO QUIT THAT JOB AND START DOING SOMETHING
FOR YOUR SELF SO THAT YOU CAN BE A BETTER PERSON IN LIFE
I have no doubt in mind and am very sure that none of you earn up to 10% of your sales target and you spend 18hrs
representing 75% of your time and 85% of useful work age chasing protecting someone investment. An average person starts
working at age 25, works for 30yrs before retiring voluntarily at age55 or get fired at age 60. Nobody can fire you if you own your
own job.
For instance all the MD of banks that have put in 10years come july 2010 will have to leave their jobs as announced by the CBN,
though they all own majority shares in their banks and their money will be working for them, think of what will happen to them if
they are mere employees. There are many ex-bankers roaming the streets of Lagos now because they did not plan their exit and
their mind is tailored toward being a capitalist slave.
There is no big deal about MBA or additional degree after your 1st degree or master degree. I am also not saying that if you have
the means and time you can not pursue one. after all, I have MBA and 2 Masters apart from a degree in Economics and FCA and
am also doing an external Law program at university of London( a 3 yr. program but I can do it for maximum of 8yrs), mind you I
run my business. What I realise we need is executive education
programmes that will enhance our career not MBA after ACA. You will equally learn most of the things you learn in MBA schools in
the executive educational programmes. You will also have to be reading a lot of leadership, motivational, autograph and
biography of world leaders and businessmen. Please if you want to continue to be a slave this advise is not for you. If I knew
what i know now I would have fired my employers long ago before 2005 after spending 18 years as a SLAVE protecting their
investment
Let me share this with you quickly,
Mike Adenuga, Jim Ovia, Fola Adeola, Tayo Aderinokun, Akingbola, Aigboje Aig-imoukhuede( Fired GTB to buy Access bank),
Fidelis Ayebae, MD Fidson healthcare plc a multi billion company (left citi bank as an AGM with nothing to start up fidson, Fidelis
has HND in Civil Engineering) ,
Mrs Florence Seriki(MD Omatek Computer). Tunji Ogunwusi (MD prime waterview real estate developer sits on multi billion
company fired global bank to start tunji ogunwusi & co)
These people run their business, apart from Tayo and
Jim never had MBA or additional degree before they started their businesses.
They all fired there employers at a point in time. They all started their business between 25 and 35yrs at an average age of 32.
A boy studied Economics at Obafemi University Ife started fish
and poultry business in 2004 with a loan of N250,000. 00 from the family and never worked for anyone. By 2008 he had saved
N30million and currently building his own house. He has about 25 employees.
My friend who is chartered accountant, left banking in 2005 got a good offer from FBN but turn it down, banks are running after
him to give him money for his business. His business worth millions now, he started with N5million terminal benefit from the
bank. He runs a grudging business
A cousin of mine who is a chattered accountant worked for an audit firm for 5 years and found it difficult to pay his house rent
started own audit firm in 2004. HE has over 6 employees now, 2 cars and started building his own
house in Lekki
I started my business in 2005 at 39. I have make more than 10 times what I was getting as salary in the bank. In fact, what I
have made in the last 5 years is more than my salary in the banking for 18years added together. I have enough time for my
family and myself and leave a quality and balance life. You can do same it you make the right decision now!
This is a challenge!
A must read to change your thought:
1. What rich people know & desperately want to keep secret by Brian Sher 2.Cracking Millionaire code By Mark Victor 3. Create
your own future by Brian Tracy 4. Jack Canfield, The Success Principles 5. Millionaire Mind By Thomas J. Stanley
Reading will add 5 years to your experience and you will learn from the experience of others. "All good leaders are good readers
but not all readers are good leaders'' - Brian Tracy.
Nigeria is a country of great opportunity with over 120 million people, if you don't take action now your children will ask you
where were you.
''It is in your hand whatever you make out of your life, it is in your
hand''- jack Cranfield ''Leaders don't quit, failure is an experience. it is better to fail than not trying at all, focus and consistency is
all that you need to win the game of life'' - Napoleon Hill
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