I am thirty two years old and cannot see when I’m ever going to be able to buy a house. Growing up, buying a house is a big part of the expected life path of the western world. Get educated, find a career, find love, get married, buy a car, have kids, buy a house then retire and die. The economy loves that series of events because it keeps you in a perpetual state of spending. Continue reading My house dreams and nightmares
This is a section from the full interview with Ajay Banga, who was the CEO for Mastercard. Here he speaks about the importance of not worrying too much what people think about you and that its better to face problems than run away from them. He has struggled with this in his life and has successfully overcome these issues. Continue reading Ajay Banga – You are going to get stared at
Mohammed “Mo” Ibrahim is a Sudanese-British billionaire businessman who founded Celtel, a telecommunications company which had over 24 million mobile phone subscribers in 14 African countries. He sold the company for $3.4 billion and set up the Mo Ibrahim foundation to encourage better governance of Africa. What I love about the video is the confidence and surety he speaks with about current African leaders. Continue reading Mohammed Ibrahim – Black Billionaire speaks raw truth to old African leaders
We’ve all seen the movies like the Godfather and Goodfellas, but what you wouldn’t expect is one of the world’s most powerful companies to adopt a business strategy based on the principles of gangsterism. Jeff Bezos is an American entrepreneur who is the founder and chairman of Amazon.com which is the world’s biggest online retailer and is consistently increasing its market share with ruthless tactics and little remorse.
To get a good idea of what a business is actually worth you should look at a company’s balance sheet. Every 12 months a director will prepare a company’s balance sheet.
The profit and loss account is a way to look at the past performance of your company. Its different to a balance sheet which is a snapshot of the present, and the cash flow forecast which is a look into the future. All profit and loss statements have these important categories;