Monday, June 2, 2014

OMG! So Amazing See How Comedian Hangs Out With Top Nigerian Billionaires

Precious moments like this Billion dollar moment – of comedian Bovi having a hearty laugh with Globacom chairman, Mike Adenuga – are indeed rare to come by.

Big Bovi shared the photo above some moments ago with the caption: “When I make a billionaire laugh and he poses with u, now that’s endorsement.”

Meanwhile, Bovi appears to have the laughing formula for billionaires – just last month, he made Africa’s richest man, Dangote smile too, and had Donald Duke whisper a “well done boy, you made me laugh” remark in his ear.
See photos below:

Sunday, April 1, 2012

Investment Analysis Methodologies - Net Present Value

Sunday, August 07, 2005We all know, task of a Venture Capitalist is not an easy one. It is not an easy job to calculate the risk in investing in a start-up, but they have to start somewhere. Net Present Value is one such method that is used to analyze the profitability of an investment.

The Net Present Value method (NPV) of evaluating a major investment allows you to consider the time value of money. Essentially, it helps you find the present value in "today's dollars" of the future net cash flow of a project. Then, you can compare that amount with the amount of money needed to implement the project.

If the NPV is greater than the cost, the project will be profitable for you (assuming, of course, that your estimated cash flow is reasonably close to reality). If you have more than one project on the table, you can compute the NPV of both, and choose the one with the greatest difference between NPV and cost. Let us take an example here:

ProjectInitial CostYear 1Year 2Year 3Year 4Year 5Year 6Present ValueNet Present Value Startup One$10,000$2700$2600$2400$2800$1342$1444$13,286$3286 Startup Two$10,000$2000$2000$2000$500$500$3000$10,000$0 Startup Three$10,000$4000$500$500$500$500$1000$7000-$3000

As an example of how NPV works, let's say you're looking at a project "Startup One" costing $10,000 that is expected to return a total of $13,286 in a period of 6 years. Using NPV analysis you can determine that if the discount rate on the project was 10 percent, the net present value of the expected returns would be $9,967.28. In other words, if you had $9,967.28 today and invested it at 10 percent, after six years you'd wind up with $18,116.67, much more than your return on your project. Thus, it looks as if the expected additional return on the project has shrunk to about $4,830.67, which may not be worth all the time and effort you'd have to put in. Although Startup One seemed to be a profitable proposition as per the table, you just saw it was not very profitable.

NPV analysis is generally used to evaluate the project's cash flows. Although NPV is widely used in Investment decisions, it has disadvantage of not being flexible enough to account for flexibility / uncertainty associated with the project decision.

How do you compute NPV? The easiest way is to use a good financial calculator or Microsoft Excel Spreadsheet's Financial function (NPV). There are online calculators available to perform this calculation.

8/07/2005 08:44:00 PM ::

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Friday, March 23, 2012

Investment Analysis Methodologies - Introduction

Friday, August 05, 2005We have learnt a lot about "What and How" to pitch to Venture Capitalists, but have you ever wondered what is going on in Venture Capitalist's brain? What is the math and science behind VC's investment decisions? Would it not be great to understand the basis of VC's decisions? So I decided to go behind the scenes and get those formulae and present them here and try to explain them in layman terms. Please remember there are other criteria used by investors, my purpose here is to help entrepreneurs tailor their projections in such a way that it increases the probability of their success.
I will discuss some of the popular methodologies:



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Money Making opportunities Online by selling eBook

Book online selling is one of the most popular online money making opportunities. Although this is old school, but still people continue to make money online with this simple method. You can sell eBooks from other people by an affiliate or selling your own eBooks. Creating your own eBooks to sell is the best option because the profit margin is high. But you will have to do a lot of work in to make it a success. The most important of everything that you need to make a good quality eBook that fulfilled the demand of users online. The rewards are definitely worth the time and effort. If you choose a branch and selling other people's eBooks, obtain income will be less. But then you will be a lot of work for having your own eBook skip. Basically you just need to find an eBook that you are interested and it market. There are a lot of eBooks that you can choose from ClickBank. You deserve a certain percentage of each eBook sold successfully. How much money you are able to earn money, depends on your marketing strategy.

Either way, you can still make money online. You only need to choose the best method that suits you. I have a eBook created by compile some of my previous blog post and giving free. You can get the free eBook in the middle to the right of this blog. Some of the information in the eBook may be outdated, but still the basic to make money online is still there. I am planning to write another eBook and hopefully this can be completed before the end of this year. This is going to be my project this year and I will be sharing the progress from time to time on this blog. I'm sure there are a lot of new things to learn. Stay tune as I will be sharing all the things I learned about creating your own eBook in this blog.

Sunday, March 18, 2012

RSS traffic money making opportunities Online

Pheedo was founded in 2003 and it was the pioneer of RSS advertising industry. This online money making opportunities is for blogs or websites that have a lot of RSS subscribers. Publishers are able to place ads in RSS feeds that subscribers are shown. The formats available are 468 × 60 banner ads, 468 × 120 banner, 300 × 250 banner, FeedPowered, text and logo. The ads are automatically place between RSS articles that can be clearly seen. Google Adsense and Bidvertiser also offer similar RSS advertising but the place ads and display methods are different. It's actually very hard to determine which RSS advertising company gives deserve better. I suppose that publishers only need to test and try it out. But it is always good to have different alternatives.

Payments are made via PayPal or check. Minimum Payout is $ 50 but Publisher to write a lower by cashing in. Other rules and regulations are basically the same.

Regardless of which RSS advertising company that you use, it still comes down to one thing when trying to earn money. Traffic or the amount of the available subscribers will affect earning potential. So try to increase the number of RSS subscribers before you enable RSS advertising company.

10 principles of Money Mastery

Thursday, August 04, 2005This is actually a review of a book that I came across other day. It is a very relevant book for entrepreneurs as well as anyone else who is trying to fight a battle against debt or simply trying to get best value for their dollar. Book is divided in two parts, one is Money Mastery Principles and other is Tax Strategies. I will review this book from entrepreneur's point of view.

If you read the titles of ten chapters, complete Part One can be summarized as "Money is emotional, track it, control it! There is no such thing as savings, To power down your debt, you got to know the rules of the game as the rules are always changing, So always look at the big picture, organize the wealth, understand taxation and put your money in motion".

As reasonable human beings, we know money is important and it should be spent with care, but we being emotional, spend money emotionally. Men spend on Gadgets and cars and women spend on clothes. This book teaches commonsense principles about money. Authors advise to track what you spend and control the emotions and savings is defined as "delayed spending", which is a very interesting concept. An entrepreneur is a family person too. He / she has obligations towards family, pay mortgage and other bills. This book promises to get the reader out of debt, pay off mortgage in nine years or less and teaches how to reduce taxes by 50% legally, using "Power down" method. Authors Alan M. Williams, Peter R.Jeppson and Sanford C. Botkin also conduct "Money Mastery" classes. If you think, this reasonably priced book will help you achieve control over money, buy it from your nearest store or click the link below.


8/04/2005 10:58:00 PM ::

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Saturday, March 17, 2012

Omaha - A Billionaire building City?

Monday, August 15, 2005My friend Jerry, passed an article to me from USA Today, Monday August 8, 2005 Edition about Omaha. This article is very interesting, so I thought of sharing with you, my readers. Although New York, Los Angeles and San Francisco boast of top 3 three positions in terms of number of billionaires, Omaha is eighth in terms of "per 1 million people", which is way above Los Angeles, Chicago and New York. Apart from numbers game, Omaha is a wonderful place for many things like raising a family, creating billionaires and generating entrepreneurs like me :-). Omaha has so far given 4 actors, 1 president, 1 baseball player,1 Civil Rights Leader and three billionaires to the world. Mention of Omaha is incomplete without the Sage of Omaha, Warren Buffet. So what is the secret of Omaha's success? Is it quality of life? Short commutes to work? Excellent ethics? Decide for yourself by reading the article or better still, by visiting Omaha. Do drop me a line when you visit the city famous for Omaha Steaks.

Changing gears, here is a screenshot of the new Businessworks site.


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