Latest / Closing Sales in Nigeria - Sales For The Nigerian Business Person: The Sales and Marketing Blueprint / The Dropout Dilemma: Is Leaving School the Key to Success?

Transcript

The Dropout Dilemma: Is Leaving School the Key to Success? · Closing Sales in Nigeria - Sales For The Nigerian Business Person: The Sales and Marketing Blueprint

• 0:01
  Hello and welcome to the show. Today we're going to be looking
• 0:04
  at the more interesting statistics about
• 0:09
  entrepreneurship that people don't talk about online and also
• 0:13
  kind of like the on sexy side of entrepreneurship.
• 0:16
  Now I know this is not something that is directly sales and
• 0:19
  business development related. You know, Aspire is not teaching
• 0:22
  you how you're supposed to validate your business, validate
• 0:25
  your business idea, promote your business, those sorts of things.
• 0:28
  But I think it's something that is timely because I've seen some
• 0:31
  stuff about that on LinkedIn. And then apart from that, you
• 0:34
  know, from that generation where my older cousins are already
• 0:38
  crossing 50, the oldest in our family that's in my own set is
• 0:42
  already 5556. So, you know, there are a bunch
• 0:46
  of us who are thinking or more, it's almost like half mark now,
• 0:51
  you know how far you know those sorts of things.
• 0:54
  So yeah, these sorts of things come back every now and then.
• 0:59
  So I'm going to be sharing some statistics that I got from
• 1:03
  LinkedIn posts. I haven't verified these
• 1:06
  figures, so I'm going to leave that up to you.
• 1:07
  I'll put the figures out there, but I want to let you know the
• 1:10
  source of the figures so that you can go and check, especially
• 1:13
  those for those of you who have LinkedIn accounts.
• 1:16
  I'll give you the people's names, but before we head into
• 1:19
  it, the interesting statistics. Sorry about that.
• 1:22
  I hope my English teacher is not listening to this episode.
• 1:27
  Yeah, the geek list, the nerd list for today.
• 1:30
  So today on the playlist, I'm listening to Scarface.
• 1:33
  The Scarface is a southern. When I say southern, I mean
• 1:38
  Southern America. I don't mean southern like
• 1:40
  Niger. So he's a southern thug rapper.
• 1:43
  He's considered like a pioneer in the in the rap game in the
• 1:47
  South, but he never achieved mainstream success.
• 1:52
  But you know, for those of us who are kind of hip hop heads,
• 1:55
  you know, he's like a a bow, He's like a sugar bar.
• 1:58
  He's like a big boss, you know, kind of that that we listen to.
• 2:02
  So we pay attention to what Scarface is saying.
• 2:05
  There's no Scarface was not on MTV, not on Sound City, not on
• 2:09
  any of those radio stations. So Scarface is a 90s, nineteen,
• 2:15
  1990s guy and put it that way. So when some of us were
• 2:20
  teenagers, this was some of the stuff that we will listen to
• 2:25
  that he's done impressive collaborations with, you know,
• 2:28
  all kinds of people. Snoop Dogg has appeared on some
• 2:31
  of his songs. Let's see who else.
• 2:34
  But he's not commercial success, not mainstream success.
• 2:39
  So if all you do is you listen to popular hip hop on Niger
• 2:43
  radio, then yeah, you definitely have never heard of Scarface
• 2:46
  before. But it's something worth
• 2:47
  listening to, especially for you young bloods.
• 2:50
  You know, it's nice to know just explosion and see that there's
• 2:54
  stuff before mumble rap, you know, So if you consider
• 2:58
  yourself a hip hop head, you should be listening to stuff
• 3:01
  like Scarface considering consider the the history of the
• 3:06
  art, you know, see what has come before.
• 3:08
  It'll give you a greater appreciation for the development
• 3:11
  of the game. You know how people change the
• 3:13
  flow, how you switch up the flow and it gives you a greater
• 3:15
  appreciation for where hip hop is today and where hip hop has
• 3:19
  come from. So if you're somebody out there
• 3:24
  and you're considered, well, my wife considers me a geek.
• 3:28
  So if your boys consider you a geek because you listen to this
• 3:31
  kind of stuff, then please, by all means, let's geek up.
• 3:34
  Let's nerd up, Let's listen to our stuff.
• 3:36
  Oh, and by the way, girls, babes, you're also invited as
• 3:39
  well because there are also fellow girls out there, hip hop
• 3:43
  heads who geek out about these sorts of things.
• 3:46
  So if you haven't given Scarface listen Scarface on Spotify, just
• 3:51
  hook it up and enjoy. But some of his lyrics are he
• 3:56
  doesn't use the F word a lot, but some of his lyrics are, you
• 3:58
  know, heavy, socially conscious heavy stuff basically.
• 4:02
  So if you're going to be blasting it, just be mindful who
• 4:06
  you blasted around. So if you're maybe Popsy is in
• 4:09
  the house, don't over blast. You know, you may ask, why are
• 4:12
  you listening to angry music? You know, there's no good for
• 4:14
  your motivation, blah, blah, blah.
• 4:15
  Ladies should not listen to this kind of music.
• 4:17
  All those sorts of things. So wait when Popsy leaves the
• 4:20
  house or you know, just put on your headphones and enjoy some
• 4:23
  good hip hop from the 1990s. So like I said, he used to be in
• 4:27
  the bands before, should I say band?
• 4:29
  I'll be rap group called Ghetto Boys.
• 4:32
  But if you're spelling ghetto, don't put the H and then only
• 4:34
  put one T. So it's ghetto GETO Ghetto boys.
• 4:37
  That's how they spell this. So Scarface Ghetto boys enjoy
• 4:41
  then On Netflix currently don't have anything on the list at the
• 4:45
  moment, although I'm considering watching a platform Part 2.
• 4:49
  I watched the Part 1 and my wife was like, why are you watching
• 4:52
  all this rubbish now? See, people are stabbing
• 4:54
  themselves, they're cutting their heads, cannibalism, eating
• 4:57
  human flesh, three people down the pits.
• 4:59
  Like what kind of rubbish is this?
• 5:01
  This movie is pointless, blah, blah, blah.
• 5:03
  You know, So yeah, we had that kind of conversation because as
• 5:06
  far as my wife is concerned, well, I believe that there's
• 5:09
  some things that you should not be watching that if you watch
• 5:11
  some kind of things at homes, you know, you open the the
• 5:14
  portal to your house and you open the room for demons that
• 5:17
  are coming into your home. And, you know, sometimes I tell
• 5:19
  her like, you be be coming down. It's not, it's not that
• 5:22
  spiritual. It's just it's just gore.
• 5:25
  It's not as if anything that, you know, a demon is not going
• 5:29
  to enter into our living room because of this.
• 5:31
  So it's platform Part 1. Part 2 is that I don't know,
• 5:37
  Part 2 is going to be about platform.
• 5:38
  Part 1 was kind of like dystopian is the future.
• 5:42
  There's a kind of prison and people move up or down certain
• 5:47
  levels depending on whether on how much you decide to share for
• 5:55
  the people behind you. It's it's like a six social
• 5:57
  experiment, I must admit. But basically it tests how,
• 6:02
  what's the word, how selfish or selfless people are willing to
• 6:09
  be. So in other words, if the
• 6:11
  platform comes down and you take small food and you leave for
• 6:15
  other people to eat, then all of you will continue to eat.
• 6:18
  But if the platform comes and you rush all the food now, then
• 6:21
  you might not have a chance to eat food tomorrow.
• 6:23
  So it's one of those sick experiments.
• 6:26
  So it raises a number of important questions.
• 6:28
  You know, how broken are human beings?
• 6:29
  How helpful are human beings? How selfish are human beings?
• 6:33
  How self interested or how selfless can human beings be?
• 6:37
  If you're going to want this from a Christian angle, you
• 6:39
  know, there's that whole the theological questions of from
• 6:42
  original sin and the fall of man, you know, are we errant,
• 6:44
  inherently sinful? What is it that we need to help
• 6:47
  us to move us to a higher point of grace?
• 6:52
  You know, those sorts of things, you know, can we achieve
• 6:53
  goodness by our own ends? So these are the kind of higher
• 6:56
  questions that I raised by the movie Platform.
• 7:00
  And so that's why I'm looking forward to watching Platform
• 7:03
  Part 2. But if you're married to a woman
• 7:06
  who believes, like my wife does, that depending on what you watch
• 7:10
  on TV, you can invite demons into your home, then please do
• 7:14
  not watch platform, or at least don't watch it when she's in the
• 7:16
  house or the other way around. If you're a woman and you're
• 7:19
  married to a man who believes that demons can enter through
• 7:21
  your home through through the TV, then don't watch it when
• 7:27
  your husband is around or don't watch it or maybe just sneak
• 7:33
  into the car, then watch it in the car.
• 7:35
  So if the demons come out, the demons will get trapped into the
• 7:37
  car and the demons will get trapped into the house.
• 7:41
  Oh, by the way, I am not advocating for demon worship in
• 7:45
  any way. I'm just saying that this is an
• 7:47
  interesting movie. I enjoyed the Part 1.
• 7:49
  It's a hard watch. It's a brutal watch.
• 7:51
  And I'm looking forward to Part 2.
• 7:53
  So I'm considering watching that on the playlist.
• 7:56
  So that, so far, is what we have on the geek list.
• 7:59
  And yeah, so let's move on. So I said today's episode is
• 8:04
  about looking at interesting statistics around
• 8:07
  entrepreneurship, hammering, becoming a big board, becoming a
• 8:10
  big girl. You know, your container has
• 8:13
  landed open doors. I'm a billionaire.
• 8:15
  You know, God has done it, you know, all those sorts of things.
• 8:18
  So when you pay attention to social media, there's this.
• 8:23
  Everybody wants the whole thing of, you know, like whiz kid, for
• 8:27
  instance, you're 18 years old, somebody discovers you miracle
• 8:31
  open doors, you blow. Next thing you're with
• 8:34
  supermodels thriving music career, blah, blah, blah.
• 8:37
  Or that whole Mark Zuckerberg thing of, you know, you're 18 to
• 8:41
  20 something, you have this idea and then you get investments and
• 8:45
  then as you just blow and then you're the biggest billionaire
• 8:48
  on the block and you know, on and on.
• 8:51
  And that's kind of a driving a narrative that we have these
• 8:55
  days. You're behind business and
• 8:57
  entrepreneurship and those sorts of things, which is the reason
• 9:00
  why, you know, for some of us now as you're now entering that,
• 9:04
  that halfway mark of life, you know, that's the reason why some
• 9:07
  of us should not be thinking or more so I'm a fool at 40 or
• 9:13
  Jesus, I am finished at 50 or, or oh God, what am I going to
• 9:19
  do? I am senseless at 60 or you
• 9:21
  know, all those midlife crisis or whatever that comes up.
• 9:27
  You know, you're 40 or 50 or 60, you have 1 blue, you have one
• 9:30
  hammer like, oh, am I finished? So those are some of the
• 9:33
  interesting statistics that we're going to look at today.
• 9:35
  Now, First off, we're going to look at Doctor Ola Brown.
• 9:40
  She's on LinkedIn and it looks like she has a health related
• 9:44
  fintech or something like that. I'd follow her, but she's not
• 9:48
  someone that I've really looked into stuff that she's about.
• 9:50
  So the first set of statistics you're going to find the credit
• 9:54
  is you go and check her home page and then you can check the
• 9:57
  references to see, you know, whether these figures are
• 9:59
  accurate or not. But it sounds like stuff I've
• 10:03
  heard before. So that's the reason why I'm
• 10:04
  confidently saying it over here on the podcast.
• 10:07
  But to get the figures, if you want verified figures, go and
• 10:10
  check out Doctor Ola Brown on LinkedIn.
• 10:14
  Oh, by the way, Ola Brown, that's female and it sounds like
• 10:17
  a masculine name. So the first time I followed her
• 10:19
  and I saw the pictures, like, is this thing correct?
• 10:21
  And then I clicked, I was like, oh, OK, she's a babe after all.
• 10:25
  And she's a very babyish babe at that, you know, So all these,
• 10:29
  you know, PhD holders that don't want to agree, you know, that
• 10:33
  wear human hair and like on the boys and for instance, you know,
• 10:37
  PhD holder and you're wearing them.
• 10:40
  What's it called? Slim jeans and and Nike sneakers
• 10:47
  and everything. I'm like you professors when I
• 10:49
  know we're angry. You guys are supposed to be
• 10:52
  nerds. So if you're a doctor or you're
• 10:53
  a professor dressed like one and leave we normal guy men or guy
• 11:00
  babes to be in the world, you guys are supposed to be in the
• 11:03
  university tower. You're not supposed to be
• 11:05
  looking flat and all that. OK, so Doctor Ola Brown, so
• 11:11
  she's running some stats on billion dollar companies.
• 11:16
  It looks to me like most of them are American companies.
• 11:18
  So take with a pinch of salt. So I don't know if these are
• 11:21
  these kind of statistics would apply to Nigeria as well.
• 11:24
  Although in Niger, we are severely bought into this whole
• 11:29
  thing of I start my fintech, I'm a young boy, I'm a young girl,
• 11:33
  18 to 20 something. I raise millions of dollars, I
• 11:37
  hammer, you know, blah, blah, blah.
• 11:39
  So that thing is currently going on right now as at the date of
• 11:42
  this recording. That's what lots of people are
• 11:44
  buying into. But Doctor Ola Brown, based on
• 11:47
  the figures that she has, she shows that 4% of founders are
• 11:53
  drop outs. You know how everybody keeps
• 11:55
  saying Mark Zuckerberg drop out, what's his name, Apple guy, drop
• 12:00
  out. And by the way, I sincerely
• 12:02
  contest these things. You cannot say that somebody
• 12:05
  dropped out of an advanced degree in Stanford or Harvard
• 12:08
  and you call that person a drop out.
• 12:10
  Meanwhile, you you're in a buffer me at all over
• 12:12
  university. You just entered the year 1.
• 12:15
  You don't want to drop out because you're looking at
• 12:17
  Zuckerberg, You're looking at at what's his name, the Apple guy.
• 12:24
  You want to drop out? I beg anybody.
• 12:26
  That's a topic for another day. Let me just stick what Doctor
• 12:29
  Ola Brown says. So she says 4% of founders are
• 12:32
  dropouts. So let's just agree that yes,
• 12:34
  they are dropouts. And by the way, I don't think
• 12:36
  so. Dropping out of an advanced
• 12:38
  degree does not drop out. So so let's agree 4% are
• 12:44
  dropouts. No problem.
• 12:46
  But what about those who have university degrees?
• 12:50
  For the founders that have university degrees that founded
• 12:54
  billion dollar companies, guess the amount they have university
• 12:57
  degrees, Guess the amount that went to school that they started
• 13:00
  year one and then they finished and they graduated and they did
• 13:03
  was nothing convocation? The answer is 96% yes.
• 13:10
  Boys and girls, you heard it correctly. 4% of founders
• 13:14
  dropped out of school, OK, no problem.
• 13:16
  But 96% of founders who have billion with AB dollar
• 13:21
  companies, not billion naira billion dollar companies, it is
• 13:26
  96% of them went to uni and finished the degree.
• 13:32
  So those of you who are trying to drop out of UI, drop out of
• 13:36
  OAU, drop out of Abu, year 2 year, whatever, you guys be
• 13:40
  coming down this formula of dropout and become a
• 13:44
  billionaire. That's not the formula.
• 13:46
  If I'm looking at these figures, it's beginning to look like the
• 13:49
  formula is finish your degree, then you become a billion dollar
• 13:54
  company. Then of the 96% that finished
• 13:59
  their university degree, they started year one, they finished
• 14:02
  year 460% of those people have master's degree or above.
• 14:10
  So people that have billion dollar companies, not billion
• 14:16
  naira, 60% of them have master's degree or above.
• 14:24
  Then 22% of those people have PhD as in they have doctor to
• 14:33
  their name, Doctor so and so and then the founder of billion
• 14:36
  dollar company. Can you guys see how this whole
• 14:39
  thing of I dropped out of school of out of school I18I dropped
• 14:43
  out of school of 22. I now had this brilliant idea.
• 14:47
  I hammered and I became a billionaire.
• 14:49
  Can you see how those people are actually outliers And we should
• 14:54
  not be building our trajectory based on that because it
• 14:58
  happened for them. We should be thankful.
• 15:00
  We should thank God for their life and we should say God as
• 15:04
  you have done it for Zuck, for Zuckerberg, please do it for me.
• 15:09
  But don't assume that that is the playbook because 96% of
• 15:14
  billion dollar companies, people who founded billion dollar
• 15:16
  companies, 96 for them, 96% of them finished their university
• 15:22
  degree. 60% of those people not only finished, they went to go
• 15:25
  and get masters. 22% not only got masters, they went on to go
• 15:30
  and get PhD. It did not stop them from being
• 15:33
  a billion, from finding a billion dollar company.
• 15:36
  We should stop assuming, especially in this part of the
• 15:39
  world. You know, I hear about how a
• 15:41
  students don't go on to found companies and like who who comes
• 15:45
  up with all this rubbish Because somebody graduated in first
• 15:49
  class does not mean the person is destined to be a teacher.
• 15:51
  You can also be a founder of a billionaire company.
• 15:56
  So the reason why I take these things real personal is because
• 16:03
  when I was a little boy, there was this guy, I can't remember
• 16:07
  his name. I think people call him like
• 16:08
  chairman more or chairman something I can't remember.
• 16:10
  That's like his nickname. He's not Nigerian anyway, but
• 16:14
  he's really respond popular now. OK, Well, back in Obasanjar's
• 16:18
  time, he was popular because he had this good governance index.
• 16:22
  You know, when Obasanjar became president, there was all this
• 16:25
  talk about Nigeria's ranking on Transparency International.
• 16:28
  Where do we rank when it comes to corruption?
• 16:30
  Where do we rank when it comes to human rights and blah, blah,
• 16:32
  blah. And so this chairman, I can't
• 16:34
  remember his name, came up with a good governance index.
• 16:37
  And it was nice to see where Nigeria ranked on the good
• 16:39
  governance index. But The thing is, I was always
• 16:44
  looking at chairman as you know, as per PhD, because he was old
• 16:48
  and he was bald and he wore glasses and, you know, he's a
• 16:53
  Prof. So one day I found out that Prof
• 16:56
  was a billionaire. And I say how, how can Prof be a
• 16:59
  billionaire? Because he didn't make sense to
• 17:02
  my small boy brain. Because as far as I knew, if
• 17:05
  you're old and you're bald and you have a PhD, you're supposed
• 17:08
  to be a broke lecturer somewhere.
• 17:10
  But lo and behold, he's old bald.
• 17:14
  Well, I hope he's still alive. I should have gone and checked
• 17:16
  stuff before making this broadcast episode.
• 17:18
  But anyway, you can be old bald PhD holder and be a billionaire.
• 17:23
  And he was because he made his billions by starting a
• 17:27
  telecommunications company in this country and that is how he
• 17:32
  hammered. So there's one reason why I take
• 17:35
  it personal. Because I was one of those young
• 17:36
  boys who assumed when I was a small boy.
• 17:38
  That was my assumption. You have to drop out.
• 17:41
  It has to be something incredibly sexy and not that you
• 17:44
  grow up, you lose all your hair, you get bald, you wear glasses.
• 17:49
  And then after your middle age you start a telecoms company and
• 17:53
  then you hammer and then you become a billionaire and then
• 17:57
  extremely wealthy and then a voice to record with on the
• 18:00
  African continent. So there are lots of young boys
• 18:02
  and young girls who are thinking that way.
• 18:04
  So please, these are the stats again. 96% of people who founded
• 18:08
  billion dollar companies, they finished their degree.
• 18:11
  Of that 9660% they went on to go and do masters. 22% went to go
• 18:16
  and get PhD. This dropout thing has only 4%.
• 18:19
  So stop assuming that you have to drop out.
• 18:24
  I guess larger message owners is that you know God can do it for
• 18:26
  you. If you drop out, it can happen.
• 18:28
  If you do PhD, it can happen. So that's with the figures from
• 18:32
  Doctor Ola Brown on LinkedIn. Check out, follow her, see the
• 18:37
  good stuff that she's doing with her health related fintech and
• 18:41
  stuff like that. She puts up real interesting
• 18:43
  stuff. Well, by the way, this is an
• 18:45
  example about why I keep saying that you all should be on
• 18:48
  LinkedIn if you're serious about career development and personal
• 18:52
  development and business development.
• 18:55
  Because on LinkedIn, see the quality of conversations that
• 18:58
  we're having on LinkedIn or like Facebook where it is what is
• 19:04
  raining war, war, war trend or which one is better?
• 19:07
  Nigeria bum bum or Ghanaian bum bum or Nigeria Angelo fries or
• 19:11
  or Ghanaian Jalou fries or you will not believe what happened.
• 19:14
  This man slapped his wife and her neck broke and you know all
• 19:17
  these rubbish things now on Facebook.
• 19:19
  So that's the reason why you should be on LinkedIn, because
• 19:22
  you're not going to find these sorts of things on the other
• 19:25
  social media networks. So it's a much better place to
• 19:28
  spend your time. So the second bunch of numbers
• 19:31
  that we're going to run through, I give credit to Karla Onye Nye.
• 19:39
  I know I definitely spell that name.
• 19:40
  So Karla KOLE and then the Onyen Ying that is ONYENEYIN, if I
• 19:49
  didn't know that Yoruba people have ONYE because all the ONYEI
• 19:53
  know is either Onyechi or Onyeka or near you know, I know that as
• 20:00
  as an Ebo thing. I think that's a Yoruba thing.
• 20:03
  So color Onye. Also, someone I follow on
• 20:09
  LinkedIn is a fund and assets manager and so he put a bunch of
• 20:14
  statistics about, you know, that deal with this whole thing of
• 20:17
  when to hammer, when is your container going to land?
• 20:20
  When is God's blessing going to show?
• 20:21
  When are you going to get your open doors?
• 20:23
  When will God do it for you? You know, when will you move to
• 20:26
  the promise sites? You know, all those sorts of
• 20:27
  things. So his was on the average age of
• 20:31
  billionaires. Now, Mr. Kohler, if you dispute
• 20:36
  the figures, just follow Cola and then go and argue with him.
• 20:39
  But like I said, sounds like stuff I've heard before, so
• 20:41
  that's the reason why I'm putting it out here.
• 20:44
  So according to Cola or the average age of billionaires
• 20:49
  walled over, Oh, by the way, there are 3194 billionaires
• 20:54
  walled over. I was shocked because I didn't
• 20:56
  know that there were that many. I always assume that to be a
• 20:58
  billionaire was kind of like an exclusive club, maybe like they
• 21:00
  are. I don't know a few 100 of you
• 21:03
  guys. I didn't know you.
• 21:04
  You guys are plenty, you know, 3194.
• 21:07
  So it's good. It's nice to know that the club
• 21:10
  is is is more the club is big. So it means there's room for
• 21:14
  some of us to come and join you guys in the billionaire boys
• 21:16
  club or billionaire Girls Club. So the average age of
• 21:21
  billionaires is 66 years. So for those of you who are
• 21:25
  crying, I'm a Fallout 40 or I'm finished at 50.
• 21:28
  It's not necessarily the case. There's still time.
• 21:33
  You can still hammer. It doesn't mean that you're
• 21:36
  going to be sacked at 60. So Fallout 40, let's ignore that
• 21:40
  finish at 50, let's ignore that. Satiated and sacked at 60.
• 21:45
  Please don't talk like that. Let's be hopeful.
• 21:47
  There's still time then almost half of the billionaires, almost
• 21:52
  half of the 3194, almost half of them are between the ages of 50
• 21:57
  to 70. So please, those of you who are
• 22:00
  40, not full, not 40 post, you know, on social media and stuff
• 22:06
  like that, you guys should stop that thing.
• 22:08
  So because you're 40 doesn't mean you're finished because
• 22:10
  almost half of these 3000 people are between the ages of 50 to
• 22:15
  70. By the way, are you beginning to
• 22:18
  see how this whole thing of Zuckerberg 18 to 20 something
• 22:23
  wonderful idea how my youngest billionaire in the world, Can
• 22:27
  you see how that is not typical? And you should stop modelling
• 22:30
  your life after that. If anything, the formula is
• 22:34
  beginning to look the other way around.
• 22:36
  Like you go old, small before you become a billionaire.
• 22:40
  So let's move on now. More than half of the people,
• 22:45
  global billionaires. So where was I?
• 22:48
  Yeah, almost half of them. OK, between 50 and 70.
• 22:51
  We've shared that one, then more than 40% of those people have
• 22:55
  clocked 70 and above. So it is possible to say, hey,
• 23:01
  I'm 40, I am finished, I'm a full or I AM 50, I'm 50.
• 23:11
  What's 50 again? Full at 40, finished at 50,
• 23:15
  associated at 6070 is what? I have no idea.
• 23:21
  So it's possible that I can pass 4050 sixty and your container
• 23:25
  can still land, the door can still open, showers of blessing
• 23:30
  can still fall, and you can still hammer because more than
• 23:33
  40% of them are 70 years and above.
• 23:36
  But then there is the 10%, those who are below 50, that is the
• 23:42
  one that the media likes to pay attention to, those who are
• 23:45
  below 50. And for some reason the media
• 23:48
  prefers to pay attention to the 20, you know, the 1820, maybe 30
• 23:52
  year old. If I think by the time you reach
• 23:54
  30, the media think your story is not sexy enough, so they're
• 23:56
  not talking about it. So all those people that are
• 23:59
  below 50, only 18%. So a great deal of the people
• 24:05
  above 40. So the summary, if you're not a
• 24:09
  billionaire dropouts by 25, relax, there is hope, God can
• 24:15
  still do it. Just validate your business
• 24:17
  idea, develop a strong selling framework around it, try and
• 24:22
  scale your activities, make sure you adopt best management
• 24:25
  practices, best accounting practices, best legal practices,
• 24:28
  best whatever practices. Pay attention to good
• 24:31
  fundamentals and you should be fine assuming that is what you
• 24:36
  want. Because there's some people who
• 24:37
  say, look, I don't want to be billionaire.
• 24:39
  I just want to, I just want a few, several 100 million.
• 24:42
  And I'm all right. Like one time that I saw on the
• 24:45
  news that this guy, I can't remember the bank he used to
• 24:49
  work for or whether the bank he founded, but the guy has 600
• 24:53
  million naira assets that are being managed by his family
• 24:58
  office. So there's some people that say,
• 24:59
  look, that whole thing is not my thing.
• 25:03
  If I can just be like this guy and I have a good 500 M that
• 25:06
  were managing on behalf of me and the family, a good day.
• 25:09
  All right, So it depends on what it is that you are aiming for.
• 25:15
  So if those are your dreams, then they should put things in
• 25:17
  perspective. You don't have to be a
• 25:19
  billionaire and drop out by 25. It can happen at any time and it
• 25:27
  can happen in spite of your degree or because of your
• 25:31
  degree. So let's just relax, pay
• 25:34
  attention to the fundamentals and do things one step at a
• 25:36
  time. And please, let's stop assuming
• 25:39
  that, OK, you've hit 40 and you're not balling yet.
• 25:45
  You now start to hyperventilate and you now start to assume that
• 25:48
  time is against you and the race is at an end.
• 25:51
  You know, the race is not necessarily at an end.
• 25:54
  So of course there are larger conversations about, you know,
• 25:56
  what's the purpose of life, what's the end goal and all
• 26:00
  these sorts of things. But as you know, that's stuff
• 26:02
  that we handle on on a philosophy podcast or maybe on
• 26:07
  the religious podcast. But I'm just trying to say that
• 26:10
  time is not up. So if you do happen to come from
• 26:13
  a family like mine where the first set of kids already
• 26:18
  pushing 5055, you know, maybe even one or two beginning to
• 26:22
  near that 60, don't give up. Don't look around and say this
• 26:27
  whole set, all of us, we don't have one single billionaire.
• 26:30
  We're all failures. Don't don't look at it that way.
• 26:32
  It's not necessarily the case. So thank you very much for your
• 26:35
  time and attention. Please connect with me on
• 26:38
  LinkedIn and on WhatsApp. The phone number is 08064662140.
• 26:44
  The country code is +234. For those of you who are not
• 26:47
  Nigerian and the name to look for is Tavishima Ayede, the host
• 26:51
  of the show. Use the link, get the spelling
• 26:55
  of my name, highlight, copy, paste in LinkedIn.
• 26:58
  My face will pop up. I'm not looking as pretty as
• 27:03
  Doctor Ola Brown and I'm not looking as spiffy as a Collar or
• 27:07
  Nagy, but I'm not a bad looking fellow and I'm also an
• 27:11
  interesting person to hang around as well.
• 27:13
  Just in case you haven't been convinced so far by my playlist,
• 27:18
  you know, the geek list and the Nerd list.
• 27:19
  You know, I'm actually an interesting guy, a man of good
• 27:22
  taste, and we can be friends and have wonderful conversations,
• 27:26
  not just about business, but all other things life and art
• 27:29
  related. So thanks for your time and
• 27:31
  attention. I'll catch you guys at the next
• 27:33
  episode.