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Reputation Impact on Business

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The inner brain’s need to find solutions that make life easier is the traditional motivation for construction. The agenda has already been structured whether a new protocol is introduced or the old protocol is destroyed. However, the result of such action may be a significant roadblock to one’s own development and growth; “Such is life.”

Reputation is the foundation of all outstanding people and opens up fantastic avenues for success in a certain direction. An old proverb that sums up how ancient men attained enormous potential toward good repute is that nothing good comes easily. It is difficult to describe, but this is just the truth based on the ancient curriculum’s accepted practices in a variety of learning and development areas. terrible reputation is more difficult to handle than terrible conscience.
At this point, I refer to your real-life legacy in the worldwide society, which may result from your good standing in any industry. Reputation paved the door for growth and a customer-based firm in the commercial world. The historical overview of Thomas Edison shows that despite his animosity toward Nikolai Tesla, he had a wonderful reputation and is still regarded as the greatest inventor ever. A significant barrier to getting it right during the presidential election is Atiku’s historical account of his contributions to the public good as a public worker. His followers maneuver behind a smoke cover at all times, and he is unaware of their crafty claim that “Adamawa allocation is still in the bank during his tenure as the state governor.” The failure to complete the task during the elections is due to the unfavorable reputation. It’s time, in my opinion, to associate with people who have a solid reputation in the system by taking the necessary action to stay on course.
By joining the progressive team in power to accomplish things on the dark side of manipulation, Tinubu presents a smoke screen to the populace. This is the political culture in Africa. World, welcome.

REPUTATIONAL IMPACT ON BUSINESS

Thomas Edison’s production history is a classic notion that all aspiring and mid-level businesspeople should take the time to investigate.

The media has always been a powerful promotional and marketing tool for goods and services. The Direct Current (DC) in electricity was discovered and invented by Thomas Edison, a brilliant English scientist. This idea was widely publicized in many media outlets, which used its capability to showcase it on their timelines. Unlike Thomas Edison, Nikolai Tesla did not publicly announce his discoveries. Although this dude’s reputation in science is excellent, something actually occurred. Always speak less if it’s necessary, because the only way to survive in secret is to hide your intentions. Every human being, by nature, possesses folly, greed, and selfishness. Because of his extreme greed, Thomas Edison spread false information about Nikolai Tesla’s invention. His reputation was nearly ruined by this approach. However, as I stated previously, “It is better to cope with a bad conscience than a bad reputation.” Both scientists were nominated even during the nomination process, but Thomas Edison declined the prize since Nikolai Tesla was involved. He even criticized Nikolai Tesla’s innovation when it was used to test the first electrocution of a criminal using its invention (DC), which failed to result in the criminal’s death. However, Thomas Edison also took advantage of the chance to research and come up with further theories for a future prototype and phototype. He was always on the main page because of this.

Reputation is a valuable asset that should be properly gathered and stored. It must be strictly protected, especially when it is first established, expecting any attacks. Once it is established, resist the need to react angrily or defensively to the defamatory remarks made by your adversaries since these reactions show insecurity rather than confidence in your reputation.

However, Edison’s career was almost destroyed by his refusal to say anything less. Fortunately, thanks to his solid reputation and hard work, his avaricious attack on Nikolai Tesla’s innovation was successfully avoided.
Yes, it is well known that Thomas Edison is a major lover of the media. Thanks to his continued research and hypotheses, he was able to make a lot of smoke glasses and defeat Nikolai Tesla. This succinct historical review clarifies the role reputation plays in business and how it protects Thomas Edison’s reputation while also breaching the taboo against talking too much. But Edison’s stubbornness to say anything less nearly cost him his career. Fortunately, his avaricious attack against Nikolai Tesla’s invention was successfully avoided because of his strong reputation and diligence.
Yes, Thomas Edison is well-recognized for being a passionate supporter of the media. He was successful in defeating Nikolai Tesla and producing numerous smoke glasses as a result of his ongoing research and theories. This brief historical overview emphasizes the importance of reputation in the business and demonstrates how Thomas Edison’s reputation was protected while simultaneously breaking the taboo against excessive speech.

THE INSIDER

This most recent summarization is evidence of modern development. Otedola describes the argument he had with Tony Elemelu at the beginning of the story, subtly criticizing him by portraying Tony Elemelu as a ruthless individual out to get him. Otedola didn’t say anything less, which is why Tony Elemelu was portrayed as greedy throughout the entire incident. Business is what this is and always will be. Always keep your motivation a secret and speak less if required. Tony Elemelu consistently employs a smoke screen mentality to achieve his goals. In Africa, corporate growth is being built on the reputation of the two gentlemanly men.

It’s incredibly depressing to read how 55% of Nigerians summarize this narrative and blame Tony for having an underlying greedy mindset. Tony Elemelu and Otedola have established a strong reputation, both good and bad, but the positive reputation outweighs the negative, allowing them to dominate the industry. This story’s summary states clearly that human nature is one of rivalry and cunning. In a kind of food web and chain of commerce, Mr. A intends to play the game, and Mr. B intends to acquire Mr. A. I didn’t interpret that as an attitude of greed, but rather as a mental game of hiding intent, talking less, and employing a smoke cover to reclaim the initiative. Tony Elumelu here.

However, this demonstrates that trust in business is the way of selling whether the product seems to look dynamic or rigid. This is an open room to relational capital by spreading your wings, it simply attracts your partnership growth towards giving the product a greater pillar.

TODAY BUSINESS

New developments are released in business nowadays to combat existing technology. The space of this new age’s new technology is occupied by dead ideologies. Because outdated culture can never be completely destroyed, it must take time before new technology is introduced to the technical community. New products are constantly advertised against outdated ones in Africa, namely Nigeria, with the help of media-speaking gangs. You made a comparable product that has no reputation and is preparing to compete with an already-established product with a solid reputation. This product has been around for a while.

How can the new product remain competitive in the market?

The key goal of establishing a solid reputation is to stay on the safe side while establishing a specific dream. You can swim in the reputation of your ancestors to leave a prosperous legacy. It may also project a negative image of wrongdoing, theft in public, and subpar leadership. The historical analysis of Sani Abacha’s approach to measuring power by using dictatorship is a significant example that casts doubt on his contributions to the public good and contributes to his legacy’s unappreciated status.

Nobody has nice things to say about them; instead, if one of his offerings begins to show an interest in politics, history will come out to attack him, which would undoubtedly put an end to the dream, even if he is in the proper structure given the political character of Nigeria. History will always be the most potent weapon in the world since it only speaks about the most painful primary and secondary facts. You might be asking how I combine politics and business to prove a point rather than just concentrating on the corporate world. If there is no political system in a country, then money obligations can never be started. Business and government are two sides of the same coin. Kuda Bank will constantly uphold a positive reputation in order to stay on the course rather than compete with Zenith Bank or other banks through advertising. We all know that the world is a competitive place, and many products are working hard to intimidate other items. Promote your growth rather than take on the competitors. Getting such recognition is important for maintaining one’s corporate reputation. Different user-effective system expansion introduced recently attracts trusteeship. Imagine that a first bank system problem prevented people from accessing their money in the first place owing to climate change, which also significantly reduced network bandwidth. Users will make every effort to switch to another bank, which negatively impacts the company’s standing as a financial institution. This is a problem. has been a tradition for certain financial institutions in Nigeria, but First Bank has already built a strong legacy (good reputation) that allows customers to continue to have faith in their services. You see, the bank has been struggling with its conscience and is unquestionably doing a lot of effort to address network problems in order to maintain a sound banking system. Their ability to survive is a result of their sterling reputation and brave trusteeship.

ASTRONG REPUTATION CHANGES MARKET

Even if the new product has excellent characteristics that can surpass the previous one, it will never surpass the latter if it has no reputation. Reputation is the market that draws risk-taking customers. Thomas Edison’s standing allowed him to speak out against Nikolai Tesla’s invention, which almost ended his career. Because of this, it is preferable to deal with an already poor conscience rather than a negative reputation.

A notorious criminal in the area launched savings software to help people save money and make it possible for them to conduct simple transactions at reduced costs. hello there Would you be willing to tolerate this or welcome this new product and begin saving there?
Due to human perception and awareness of numerous natural science ideas, the percentage of responses to this question must unquestionably be quite high and below 100%. Despite the fact that he introduced a feature (save and earn 20%), many customers would still reject the product due to its poor reputation both locally and globally. Different branches of reputation were shared in the global sector. among others: politics, business technology, and education. Reputational branches are similar to an ocean’s bank in that they provide several pathways, however, keep in mind that a river’s bank is always clean. This merely means that a positive reputation from the start will prevail over future wrongdoing. I’m not here to go into all the different types of reputation, but if you’re reading this, you already know which industry you belong in.

Early this year, I came to understand that constructing a mystery around your intentions makes it difficult for others to learn about the product’s nature and origin. Utilizing social media, add smoke by making them true. But if your reputation is on the line, never criticize an already successful product. My bankruptcy is caused by the notion of human relationship capital investing in and helping the wrong side. This actually occurred because I wasn’t secretive about my intentions and future objectives, which led them to ask for my help as I was developing my financial portfolio. I responded to that right away, lost all I had stored, and had to start again.

Early this year, I came to understand that constructing a mystery around your intentions makes it difficult for others to learn about the product’s nature and origin. Utilizing social media, add smoke by making them true. But if your reputation is on the line, never criticize an already successful product. My bankruptcy is caused by the notion of human relationship capital investing in and helping the wrong side. This actually occurred because I wasn’t secretive about my intentions and future objectives, which led them to ask for my help as I was developing my financial portfolio. I responded to that right away, lost all I had stored, and had to start again.

Mark Manson’s Book: The subtle art of not giving a fuck, actually helps me to comprehend the nature of pain and how to bounce back ten times higher than before instead of always blaming past errors. This strongly underlined the idea of not caring about how things turn out and always saying less if required. In addition, it also showed that there is potential for improvement in hiding your intentions. Everyone in the world is a lord of smoke screens, and the world is a competitive arena, as summed up in the Otedola narrative.

To Sum Up

Except in cases where there is a secret project of cunning, the beginning decides the end. Reputation can take many different shapes, depending on the type of business. Some people have a reputation for cunning, which the public has accepted, but they nonetheless manage to maintain a fantastic business strategy. Like Thomas Edison, embrace the media, and never attempt to assist procedure till it is time to depose the ruler. Because it takes time to change an established protocol or law, if you’re adding a new technology into the system, please welcome the old one and gradually align the two. Over time, things will undoubtedly change. Always say less in a business setting, keep your intentions hidden as you build, and utilize the media as a smoke screen to accomplish your goals. The remedy to starting out with a bad reputation is to follow or join a respectable group or organization and perform the necessary by being a supportive element towards the union. It is ensured that things will turn out well because people desire to make decisions.

Former Nigerian Government Officials and Returning Back Official Properties

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One of the major issues every new government in Nigeria (both at the local, state and federal level) encounters is the recovery of public/ official properties from the previous officeholders; those properties that were assigned to them to aid them in the stress-free discharge of their official functions. 

It is embarrassing to see that men and women who served in government and who claimed to be people of integrity will steal public properties adding to the public funds they have been pilfering while in active service. It is expected of you as a past public official; whether elected or appointed that as a matter of Integrity, morality and ethics it is expected of you that after your time in the office, you take your personal belongings and leave the official properties behind for the office. It is both unethical and criminal to take what does not belong to you. 

You cannot resign from your job or get sacked in an organization and you also want to go along with the company’s property, unless the company gifted you those items, you can be prosecuted for the crime of stealing, but since it is government properties people are now seeing coveting them as a normal thing; no, it’s not, that’s stealing and I am here to remind you that you are a thief. 

Nigerian politicians are fond of converting public or official properties into their personal private use after they have left office. Official properties are properties of the public and it was purchased with taxpayers’ money and should therefore be returned after your time in office, anything other than that amounts to stealing. 

The Abia state government is currently chasing around immediate past public officials to return public properties in their confers. The state governor had to issue an ultimatum some days ago threatening to take drastic action against past officials who refuse to return any public property with them. It should not always be like this. 

Same goes with past state governors. Some governors will hand over power and will refuse to return official vehicles and vacate official residences they were assigned to, converting them into private use. The immediate past governor of Zamfara State, Bello Matawalle refused to return government vehicles even after much pleadings from the new government, the new governor had to send police to his house some days ago to recover some government-owned vehicles. About 40 official vehicles, some of which were newly purchased and never been used were recovered from his residence. 

The system where past administrations will have to sweep the confer and loot both finances and material things or whatever is left once they are about to leave office leaving the new administration with an empty treasury is criminal and officials who have been engaging in this crime should be prosecuted. Law enforcement agencies need to start going after past government officials; whether elected or appointed who after leaving office refuse to hand over official vehicles, residences, gadgets etc back to the government because it is criminal. 

The Innovation Zone, Features of Great Innovative Companies [video]

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Creating a new basis of competition and operating in the Innovation Zone.

What are the features of great innovative companies? 

You must have these 4 features to lead your category and become a category-king.  The greatest reward for innovation is to turn customers into FANS. Of course, very few companies accomplish that. A state of fandom means massive value creation for all stakeholders. Over the next 12 weeks in Tekedia Mini-MBA, we will be looking at the physics of making innovation happen as companies pursue missions.

Source: From Tekedia Mini-MBA Live Zoom class, June 10, 2023. Join for the full 90-minute video

Commoditization of Sex and the Dearth of Affection in Romance and Social relations

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Commoditization simply means the reduction of a thing to a mere commodity. A commodity is anything that has economic value and can be exchanged for money or any other acceptable means of exchange. Commoditization was used by Marxist theorists to explain the process by which capitalism changes something not regarded as an economic good into something with price, and consequently part of the economy.

In his Capital, Karl Marx identified the two types of values, namely real value and economic or monetary value. The real value of a thing is its inherent unique value which cannot be compared to something else. Monetary value on the other hand entails the worth of something based on its economic cost of production. In other words, the real value of a thing is largely determined by nature while the monetary value of a thing is determined by the economic forces of demand and supply.

For instance, it is not out of place to think one would naturally prefer to be gifted a brand new Toyota Corolla as against being gifted a bottle of cold beverage for one’s twenty-first birthday. However, when you reconsider the same option for someone who is extremely exhausted and dehydrated in the middle of a journey, the outcome of the choice is likely to be different.

It is in the light of the foregoing hypothetical scenario that some scholars in the field of psychology came up with the idea of subjective wellbeing as a parameter for understanding people’s intrinsically driven choices or decisions. Subjective wellbeing is the collective thought and feelings of people that support their choice of a particular thing or action among alternatives. Essentially, while the satisfaction that comes with our having a thing is extrinsically impacted by our knowledge of the market value of things, it will be recalled that in some special situations, some things appear to be extremely valuable to us regardless of their market value.

However, in line with Marx’s proposition that social relations rest on the economy, the impact of commoditizing things is felt in almost every aspect of our social life including interpersonal relationships and romantic affairs and how love is generally conceived and practiced in society. Consequently, sex and sexual activities have been highly motivated by economic survival rather than their traditional roles of procreation and increasing emotional bond and compassion among lovers.

I recall, on a social media platform I belong to, a young man lamented how most young women these days think less of their other functional roles in a relationship than their ability to gratify men’s sexual desires. This fixated mindset, he claimed, spurs the excessive demands and compulsive show of entitlement by women in most romantic relationships. The sentiment shared by the young lad seemed quite popular and genuine considering the lots of supportive reactions and responses it got from largely the male folks and a few women on the platform.

But my position was quite the opposite. I argued that the situation is not a sex or gender-specific problem; rather, it is a social problem affecting both the male and the female individuals in diverse ways. Consider if sex is not highly priced by men, perhaps most women would not have placed premium on their sex organs.

The prevalence of dysfunctional relationships and increasing role conflicts in most romantic affairs today has been largely due to the unintended consequences of the increasing commoditization of sex. The meaning and relevance of sex have vastly changed over the course of the last centuries. Sex has transcended from a sacred affair confined to marriage institution to a commodity accessible in some business centres such as brothels, clubs or pubs.

The commoditization of sex has also been impacted by technological advancement and proliferation of dating apps, making the practice of sex as an economic exchange seamless for the participants. Generally, the practice of casual sex which has been highly driven by cultural globalization has continued to shatter the idea of attaching sex to serious affection or to an institution. People have also published in ecosystems  with Kink videos being very common.

Also, the thought of sex expanding into a sport or sporting activity has been recently ignited by a viral report that Sweden was planning to host the inaugural global sex tournament in June 2023. However, according to Complete Sport, the Swedish Government has denied this information, claiming the misinformation by some international media was with the intent of smearing the Government.

CryptoCom to Shut Its US Affiliate, Binance-US Suspends USD Trading

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In a surprising move, Cryptocom, one of the leading cryptocurrency platforms in the world, announced that it will shut down its US affiliate by the end of this year. The decision comes amid increasing regulatory scrutiny and legal challenges from US authorities and customers. The decision comes after facing regulatory hurdles and legal challenges from various authorities in the country.

Cryptocom said that it will focus on expanding its operations in other markets where it has a stronger presence and more favorable conditions. The company also assured its existing customers in the US that they will be able to withdraw their funds and access their accounts until the closure date.

Cryptocom, which was founded in 2018 and has over 10 million users worldwide, offers a range of services such as trading, lending, staking, and payments using various digital assets. The platform also operates its own native token, CRO, which has a market capitalization of over $2 billion.

Relatively, Binance-US, one of the leading cryptocurrency exchanges in the United States, has announced that it will temporarily suspend USD deposits and withdrawals on its platform. The company cited technical issues with its banking partner as the reason for this decision. Binance-US assured its customers that their funds are safe and that they are working to resolve the problem as soon as possible. The suspension will affect both fiat and stablecoin deposits and withdrawals, but not crypto-to-crypto transactions. Binance US apologized for any inconvenience caused by this disruption and thanked its users for their patience and support.

However, the company has faced several difficulties in operating in the US market, which is one of the most regulated and competitive in the world. According to a statement from Cryptocom, the US affiliate has been unable to meet the compliance requirements and customer expectations in the country and has suffered from low profitability and high operational costs.

As a result, Cryptocom decided to cease its operations in the US and focus on other markets where it has a stronger presence and growth potential. The company said that it will provide a smooth transition for its existing US customers, who will be able to withdraw their funds and transfer their accounts to other platforms before the shutdown date.

The announcement has sparked mixed reactions from the crypto community, with some expressing disappointment and frustration over losing access to Cryptocom’s services, and others praising the company for its honesty and transparency. Some analysts also speculated that Cryptocom’s exit from the US could pave the way for other crypto exchanges and crypto infrastures to look outword for conducive and workable environment for trading crypto.