Tag Archives: Success

Money

Success – Not All About Money

Success, achievements, personality and influence have been described with different view points. In most cases from the general acceptable angles, success has been ascribed to be all that tangible wealth could conform with. The media gave credence to this position as the information reeled out by them are in confirmation with the above opinion. From the material aspect, it goes down to attach the places one has been as an evidence of success. More so, once success is mentioned, people want to know the brand of car one drives, the brand of apparels one wears and lastly the balance of ones account in the bank.

The world remains a capitalist one. All over the world, it has been a case of a winner takes it all, the fast over taking the slow while the big swallows the small. All that is seen by and heard of people is tangible possessions as a measure of success.

When success is mention and people demand to know the brand of car one drives, houses owned, school attended, where one lives, club membership et certra, it is not bad at all. These things are important to indicate and also induce others to remain on the track of success being the only tangible thing that the eyes can see. These things propel people to achievement faster. Yet, that is not all there is!

Many individuals are living and some gone to the great beyond that never considered material things and never went for them. In the words of classical music maestro Yanni, he attributes success to achieving creativity, happiness, love, truth and imagination. Gandhi, one of the topmost achievers of the orient never had material wealth nor did he acquire a fat bank account. Yet among the achievers he stands tall and unmistakable. Intellectual properties abound. Many of them drives mankind’s continued existence. Their monetary equivalent cannot be easily calculated even when they are made public. Regrettably they are not given prominence.

Success is not all about money nor is it all about tangible wealth. Success is all about achieving and surpassing ones set goals in his life time. There men and women who are behind some monumental achievements who are happy their ideas and projections are successful and are in use today. For them their definition of success is to start and complete a noble course satisfactorily. Among them are teachers, composers, thinkers, scientists, politicians, strategists et al. for them, they are among the successful having planted the seed of greatness in many minds.

There is more to success than meet the eyes. It’s more than tangible wealth. Success has been redefined. It starts and ends with affecting lives positively and advancing mankind.

Igwenazor Kingsley Chinaemerem.
Head Coach and CEO Phortizo.com
At phortizo we stand by you from Cradle to Glory in your entrepreneurial dreams.
Its all about you, We fine tune your business strategies to stand out as you want it.

Banking

Third World Countries Rising With Mobile Marketing And Banking -Kenya?s M-PESA: The Unbelievable Success Story In Numbers

The internet, mobile banking and marketing are changing, the way people do business around the world.  First time giving to sell your products and services without leaving or traveling miles.  For those who are still living in the old methods of making money and marketing will get left behind if they don’t change the way they do things. 

Living in cold weather condition and have leave your home to go work cleaning snow get in a cold is no joke.  Doing some research I realize that third world countries are taking serious advantage of cell phone and mobile marketing to the next level while the first world countries are actually falling behind.

 

From Kenya To India Mobile Banking And Marketing Are Rovolutionizing Ordinary People Lives.

First let’s talk about the success story of M-Pesa mobile payment system in Kenya that transforming Kenya economy according to World Bank.  Below are some statistics and figures about how the mobile industry is changing Africa for the better.

 

 

M-PESA is a small-value electronic payment and store of value system that is accessible from ordinary mobile phones. It has seen exceptional growth since its introduction by mobile phone operator Safaricom in Kenya in March 2007: it has already been adopted by 11.9 million customers (corresponding to 54% of Kenya’s adult population) and processes more transactions domestically than Western Union does globally.

Here are some key numbers (as of August 2010):

1. 11.9 million registered customers, of which the majority are active. This corresponds to 73% of Safaricom’s customer base, 54% Kenyan adults, and 31% of the entire population

2. 19,500 retail stores at which M-PESA users can cash-in and cash-out, of which nearly half are located outside urban centers.

3. US $ 415 million per month in person-to-person (P2P) transfers. On an annualized basis, this is equal to roughly 17% of Kenyan gross domestic product (GDP).

4. There are 27 companies using M-PESA for bulk distribution of payments. Safaricom itself used it to distribute dividends on Safaricom stock to 180,000 individual shareholders who opted to receive their dividends into their M-PESA accounts, out of a total of 700,000 shareholders.

Amazing success story, this one. The report rightly points out the success factors:

“The growth of M-PESA is a testament to Safaricom’s vision and execution capacity. However, Safaricom also benefited from launching the service in a country which contained several enabling conditions for a successful mobile money deployment, including: s

trong latent demand for domestic remittances, poor quality of available financial services, a banking regulator which permitted Safaricom to experiment with different business models and distribution channels, and a mobile communications market characterized by Safaricom’s dominant market position and low commissions on airtime sales.”  This is really good news for Kenya and Africa.  Something different from the bad news we heard about news hear about these countries.  Source:  blogs.worldbank.org/psd/bringing-mobile-money-to-the-world. 

 

Even Remote Villagers Are Making Money With This New Technology.

From farmers to fisherrmen the list goes on.  Taking advantage of mobile marketing and banking, to sell to their clients, villagers from all over Kenya and other African Countries are becoming economically self reliant and doing business efficiently on a daily basic.  You can transfer money to a recipient cell phone without leaving your home to go to a western union and all you need a code giving to you that you can send to the other person and they will go and get the money with no obstacles.  I just think this is revolutionary, something I haven’t seen in the U.S.  pretty soon I heard ATM cards will be obsolete in Kenya because they have another technology developed called cashless Africa.  I will do some more search about this new technology because I don’t know how that going to work.

 

You Can Also Dive Into The 5.2 Billion Cell Phones In The World To Create Wealth.

For those of you who have businesses to run and looking for ways to create flood mobile traffic there’s a good news for you too.  There are so many opportunities in the U.S that you can tap into without leaving and become financially free.  I think every second someone in North America starts a home business opportunities.  Let me real true with here.  The new economy will not be building big factories, hiring thousands of people to do labor work.

 

 The new economy is in home businesses and the internet. It’s cheaper, free and for people who can’ compete with the big guys.  Another tools I came across is called the mobile money machine few days.  After doing some research I realized this is good software  for ordinary people to make some real money on the internet and jump at it ready way.  I think mobile marketing and banking is here to stay as it spread like viral worldwide.  Take advantage before you get left in the dust.  I hope you enjoy this article and take action on your future now. There’s no tomorrow. To learn more about mobile money machine visit: http://www.getmobilemoneymachine.net

 

 

 

Hi, My name’s Prince Samuels. I’m 34 years old internet network markter. I love to help people find the resources they need to market their businesses using free and low cost tools. http://www.marketinghelp2012.com

Banking

Canadian Abl Lending – True Success In Banking And An Asset Financing Loan

Are you enjoying life as a commercial borrower in Canada – We can’t even imagine some of the answers to that question, although we have certainly heard a lot of the stories! Let’s examine why a new breath of fresh air, ABL lending has become a favorite and very unique banking and asset financing strategy in Canada.

One of our favorite expressions these days is that the old ways don’t work anymore. As it relates to today’s subject we’re talking of course about commercial banking facilities in Canada, and focusing primarily on firms that have challenges to raise working capital and cash flow facilities that work.

It often comes down to a comparison of the two types of financing, traditional Canadian commercial banking, and our favorite new kid on the block, ABL lending and banking. We use the term new but quite honestly it’s simply a Canadian business financing facility that hasn’t been heard of by many Canadian business owners and financial managers for a variety of reasons. Maybe some people prefer to hide a good thing and keep it secret.

So whats better, a ‘ regular ‘ commercial banking facility via a Canadian chartered bank, or ABL lending and financing via a true asset based line of credit? Regular commercial facilities are extremely focused on criteria for mutual success – we say mutual because we hope everyone agrees your firm and the lender both have to win. (By the way, we are on our clients side! in that battle)

Got what it takes for a Canadian commercial banking facility – you know the drill – you need reasonable leverage, no significant events that are negative in nature, covenants that are a combo of income statement and balance sheet based, – example: fixed charge coverage, etc!

But hey, what about ABL banking and asset financing – whats required there. . Are you ready? Just assets!

That’s the appeal of asset based banking and financing – it focuses almost solely on current assets, key categories being of course receivables and inventory. Where our commercial banking friends focus in a dramatically different manner in analyzing and funding your business the ABL focus is simply n asset monitoring, and ensuring you can borrow on a daily basis at the highest of advance rates based on real world values of your assets. Oh, and by the way ‘ strange events ‘ are fully allowed – so you have a challenge, an acquisition, a special loan situation, a year of bad luck .. You will still be forgiven by abl lending and banking.

Want to ensure you have maximum availability on borrowing against your assets on a daily basis – speak to a trusted, credible and experienced Canadian business financing advisor about an asset based line of credit that makes perfect sense for your company.

Stan Prokop is founder 7 Park Avenue Financial ; see http://www.7parkavenuefinancial.com
Originating financing for Canadian companies,specializing: working capital, cash flow, and asset based financing , the 7 year old firm has completed in excess of 50 Million $ of financing for companies . For info / free consultation on Canadian business financing / contact details see:
http://www.7parkavenuefinancial.com/abl_lending_banking_loan_asset_financing.html