A Quote by Tara Fela-Durotoye
If you start to see more successful businesses that are playing on a global level, the story of Africa will begin to change
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More than 60 percent of small businesses face payment delays. That can cause a serious cash flow crisis. So, as president, I will explore new ways to arm small businesses with the tools to fight back and level the playing field.
The natural thing in Africa is to start playing soccer at 8 or 9. You go outside and you play like kids play basketball here, and you grow a feel for the game. In Africa, the kids start playing basketball at 16 or 17 or 18, and when they get an opportunity to come here, they have been playing for only one or two years.
Everywhere in Africa, you see Indian, Chinese, Brazilian businesses. Other than Coca Cola and the oil companies, it is very rare to see American businesses.
My experience to date has been that change, particularly relative to business, rarely happens in a revolutionary way. That isn't to say there are not times when major change happens, but my experience is that particularly when you're encouraging businesses to change of their own volition, the change is more slow over time. I don't think global trade is going to go away. I think it's unlikely that global trade and multinationals are not going to be around.
Everyone loves each other for the pilot. But once you start to do the show, you see everybody's true colors. If it's successful, people start to change, and then if it's not doing well, people start to change in other ways.
Whereas our common past, out of Africa, saw a global diaspora of humankind, our common future depends on a global coming together and consensus, resulting in a more equitable distribution of the Earth's largesse. When Africa, which gave us the wealth of life, has that debt returned, the world will have come of age.
The more successful enterprises are the more they try to replicate, duplicate, codify what makes us great. And suddenly they're inward thinking. They're thinking how can we continue to do what we've done in the past without understanding that what made them successful is to take risks, to change and to adapt and to be responsive. And so in a sense success breeds its own failure. And I think it's true of a lot of successful businesses.
My guess is that Trump will begin withdrawing troops from Europe at a slow pace. He will demand a renovation of the Iran Accord and get nowhere with this. There might be more US sanctions on Iran. However, the Iranians will not compromise with Trump, and barring a naval confrontation in the Persian Gulf, it will be US businesses that will suffer and Trump's frustration level that will go up.
As African economies boom and businesses are created, one of the big questions this growth raises is that of third-level education: how can Africa develop a knowledge infrastructure to rival that of the west, a sort of Harvard University in Africa?
Citadel is a global technology leader, recognized for its work to level the playing field for investors and make markets more fair, transparent and efficient. I look forward to leading this exemplary team as we grow this global business.
Keep ramping up your level of joy every day. There is no limit to the levels of joy you can reach. You will see change to the degree of joy that you can attain and maintain. The higher the joy you can create within you, the more spectacular the change, and the higher the joy, the faster the change. Your emanation of joy attracts more Joy. The law of attraction will continually send you more feelings of joy!
People talk about the businesses of the future needing to be more agile and more responsive if they are to be successful. But this requires a deep change in the way organisations work.
The wheel of progress revolves relentlessly and all the nations of the world take their turn at the field-glass of human destiny. Africa will not retreat! Africa will not compromise! Africa will not relent! Africa will not equivocate! And she will be heard! Remember Africa!
The New Capitalism (arising from the global economic downturn)...those running our biggest commercial businesses will have to be more visible. They'll have to manifest a genuine understanding not only of the anxieties of their employees but of all taxpayers. Those chief executives who succeed will be those who imbue in their businesses very simple, commonsense standards of decency
When I talk about the ability for fintech to promote kind of economic growth and productive citizens coming in, using different data and being able to lend to small businesses, see those small businesses start to grow - of course, that means more money for their families, you know, the small-business owner families. They start to hire people.
Entrepreneurship is the cornerstone to African development and the key to local value creation in Africa. I am determined to ensure that Africa's next generation of entrepreneurs have the platform they need to turn their entrepreneurial aspirations into sustainable businesses that will drive economic growth and job creation across Africa.
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