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Never ignore the impact of timing on any business! Solve Your Timing Calculus

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As you develop your playbook, look for critical enablers and optimize “Timing”. As a product goes to market, the function in your limit equation must be set that critical enablers are ready. Go back to  L’Hospital’s rule and evaluate limits of indeterminate forms. The differentiation of the numerator and denominator must deliver a limit which can be directly evaluated if you expect customers to pay attention. Go back to your Further Mathematics notebook.

Never ignore the impact of timing on any business. Timing is an important factor for the success of any startup, anchored around critical enablers.

Take an example: Kalahari, Mocality, Efritin, and Old Konga collapsed or struggled because of timing, not because of execution or the quality of the idea. B2C ecommerce has a promise for Africa but the time is not ripe yet until someone fixes logistics at scale.

You get the idea: great market winners are those who introduce amazing products at the “perfect” time. And becoming a legend is gaming that timing. #Time

Comment on LinkedIn Feed

Comment 1: An idea whose time has come is an idea that came in its time.

Distinguished, I completely agree with your submission above.

Understanding the thin line of moving in too fast and too slow is uncanny wisdom. May God order our steps in the marketplace and all places.

Comment 2: Physicists define Time as the Progression of Events from the past to the present into the future.

Basically, if a system is unchanging, it is timeless. Time can be considered to be the 4th Dimension of Reality, used to describe events in 3 Dimensional Space (Length, Width and Depth). It is not something we can see, touch, or taste, but we can measure its passage.

Our world is a system. Everything is interconnected, and as a rule, nothing is ever at a state of rest, consequently, Change is Constant. The constant vibrations and behaviours of one thing translate into sequence and series of events that blend into another. Through innovation, we create order from the chaos. Innovation is a moving target, therefore innovators are obligated to calibrate innovation to the socioeconomic dynamic of events. Innovation is a beautiful Sport.

Comment 3: It’s not just in business, #timing is everything in life!!

That’s why the #eagle perches on an elevated plain, #waits until it is 12 noon, when the warm wind currents, due to #thermalinsolation, begin to flow, and then dives into the #wind, with its wings spread, which carries it almost effortlessly for kilometres; while the #flappingbirds that believe in expense of energy, by #wingflapping, go for a distance of only a few miles.

Its thus painful, irritating, and annoying when a #flappingbird begins to control and stifle an #eagle with insidious remote controls from the #shadows!!

Comment 4: Ndubuisi Prof
In all things there is order. Even complete chaos will at some point return to a point of equilibrium. Without huge constant energy to maintain the chaos, it is inevitable.

Recall my Tekedia Institute piece tinyurl.com/Idea-piece-of-paper and view ‘McKeown’s Hierarchy of Business Evolution.
Organic ecosystem’s Lion and Killer Whale exist at the top of a chain of millions upon billions of plankton and algae. B2C commerce is part of the predator spectrum in business. Along with Fintech, Metaverse, virtual assets like NFT, they are top of the chain.

Without all the forms of life from plankton and algae they cannot exist. They depend on the full spectrum of ‘McKeown’s Hierarchy of Business Evolution to be working.

Else, it is like a builder constructing a house who decides to start at the roof first instead of foundation. The roof will not allow itself to be built, suspended in air while the builder puts up the walls and foundation at their convenience.

B2C is particularly vulnerable because the elements of McKeown’s Hierarchy of Business Evolution need to be on ground and working in Nigeria. Nigeria’s killer whales can explore economic food chains dependant on international waters, but must know their currents.

Smart Investments for the Growth of a Business

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Investments are an important part of any business. You don’t have to have all the answers to questions such as, “How much did hedge funds lose” or “How do I find undervalue stocks.” However, it is important to make wise investments to have the best chance of success in the future.

There are some things you should avoid when making your investment decisions. This article will go over some key things to consider when making investments to help ensure that you make wise decisions.

Keep Dedicated Employees

One of the best investments you can make is in your employees. It would help if you were sure to hire people who are dedicated, hardworking, and knowledgeable about the industry. These workers will provide valuable insight into your business and help it grow. Additionally, it would be best to do whatever you can to keep your employees happy. This will include offering competitive salaries, providing good benefits, and learning and growing.

Invest in your employees, and they will invest in your company. If your employees are happy, they will be more productive and likely to stick around for the long haul.

Avoid Negative Cash Flow

It is important to be mindful of your company’s cash flow. If you are not bringing in more money than you are spending, you will eventually go out of business. This is why it is important to invest wisely and only spend money on things that will help your business grow. You should also make a plan for bringing in more revenue. This may include increasing prices, short sell to the short squeeze, developing a new product or service, or revamping your marketing efforts. Negative cash flow can be a death sentence for a business, so it is important to avoid it at all costs.

Avoid Expensive Upgrades

Along the same lines, you should avoid making upgrades that aren’t necessary. It would be best if you always were sure to review your company’s financial situation before making any large investments. If you don’t have enough money coming in from customers to justify spending thousands of dollars on a new machine or software package, then it is probably best for you to wait until you do. This will help you avoid getting into debt and keep your business running smoothly.

Every business should be willing to make improvements when necessary, but you should avoid spending money on expensive upgrades if it is not necessary. For example, you should only upgrade equipment when it becomes outdated or breaks down.

Be Careful With Your Spending Habits

You should also be careful about how you spend your company’s money. You should avoid overspending on unnecessary expenses or buying things for yourself with company funds. Treating yourself every once in a while is fine, but you should avoid getting into debt by spending your way to prosperity.

If your business does well, you should have no problem buying the things you want. In addition to avoiding overspending on unnecessary expenses, you should also cut back if necessary. It is easy for companies to fall into the habit of spending far more money than they bring in from customers. Instead of just cutting back on your employees’ benefits, you should consider cutting back on your expenses as a whole. There may be certain items that you can do without and others that you can cut back on to save money.

Invest Wisely and Be Cautious

As long as you take the time to invest wisely and are careful with your spending habits, it is likely that your business will be successful. By avoiding these key mistakes, you can help ensure that your business is on the right track for success. Investing in the right things and treating your employees well will help ensure that your company continues to grow and prosper. Always research your options before making any decisions, and be cautious with how you spend your money. Hire help if you need it, and make sure to keep your eye on the bottom line with professional advice. With a little effort, you can avoid these common mistakes and help your business thrive.

In conclusion, businesses need to avoid making common mistakes. By doing so, you can help ensure the success of your company. Investing wisely, being careful with your spending, and keeping your employees happy are essential components of a thriving business. Businesses should always avoid negative cash flow, avoid expensive upgrades, watch their spending habits, and invest wisely. By avoiding these common mistakes, you can help your business prosper.

Join Us At Tekedia Open Webinar: The 2022 Outlook by Ndubuisi Ekekwe, PhD

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Greetings. We invite you to join Tekedia Institute’s annual outlook for the year ahead. The event is scheduled as follows:

  • Topic: The 2022 Outlook – Nigeria, Africa, Global: Potency of Entrepreneurial Cambrian Moment
  • Date:  Saturday, Dec 18, 2021
  • Time: 4pm – 5.30 pm WAT
  • Presenter: Prof Ndubuisi Ekekwe, Lead Faculty, Tekedia Institute
  • Zoom Link:  Go here tekedia.com/live for the link

We also use this opportunity to ask you to give the gift of Tekedia Mini-MBA, Tekedia Advanced Diploma program or Tekedia Startup Masterclass to someone. It is a season of giving and you can pay for someone to attend our business school. Check Tekedia Mini-MBA curriculum for new modules we are adding.

You can find all Tekedia Institute courses and programs here.

United Arab Emirates Offers Air Peace 7 Slots And Emirates Will Return

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The update reads very nice: “The disagreement between the United Arab Emirates (UAE) and Nigeria over airline slots the Arab country gave to Nigeria’s Air Peace, appears to be nearing its end as the UAE, on Monday, decided to concede seven slots to the Nigerian carrier instead of one it earlier approved.”

The disagreement between the United Arab Emirates (UAE) and Nigeria over airline slots the Arab country gave to Nigeria’s Air Peace, appears to be nearing its end as the UAE on Monday, decided to concede seven slots to the Nigerian carrier instead of one it earlier approved.

The Nation reported, citing sources, that the UAE also granted Air Peace the permit to fly directly to Dubai instead of Sharjah Airport.

Last week, Nigeria had taken a retaliatory decision against Emirate Airline over United Arab Emirate’s decision to limit Air Peace to one-weekly flight to the UAE, whereas Emirates got the Nigerian Civil Aviation Authority (NCAA)’s approval for 21-weekly flights to Nigeria.

Nigerians, believe in yourselves. Once we begin to do that, the world will come along. Those who criticized the government for fighting for Air Peace should understand that in this world, being nice within an unfair market negotiation, does not win a Nobel Peace Prize. Nigeria has nothing to lose but the UAE has ALL to lose. That was why it did not just allocate the original 3 slots Air Peace asked for but dropped 7.

Good move Nigerian Civil Aviation Authority (NCAA) on Emirates. A really great piece of music is playing in Abuja and Dubai now. Since we took a tougher position even British Airways and associated authority are approaching things in more respectable manners.

I do not like these international commercial confrontations but I have grown to understand that sometimes they could be the only ways to make progress in this world. UAE cannot give Air Peace just one weekly flight (out of 3 it requested)  when we are giving Emirates 21.

I commend the NCAA: it is called reciprocity – 1 for 1! If Air Peace gets one, Emirates also gets 1. But if they allow Air Peace the 3 it asked for, then approve the 21 Emirates requested. It is called fairness!

United Arab Emirates (UAE) Bows to Nigeria’s Pressure, Concedes Seven Flights Slots to Air Peace

Comment on LinkedIn Feed

Beware of those who will tell you that you are unfit and unqualified, if you pay attention to them, then you could be in trouble for longer time than necessary.

Some tried to lecture us here, based on their supposed experience in international aviation and UAE as a country, what they didn’t tell us was how giving Air Peace one slot was beneficial to Nigeria and Nigerians.

In some people’s eyes, Nigeria is so useless that it cannot stand up for anything, so it’s very easy for them to side with other countries treating Nigeria unfairly, they will give you amalgam of reasons why Nigeria is the wrong party. This thing called slavery is still working its wonders in the minds of our people, and it’s going to take a very long time to obliterate such mentality.

No nation is nice in this world, and if you don’t get that memo, you will be gamed over and over, it never stops.

My Response: “Some tried to lecture us here, based on their supposed experience in international aviation and UAE as a country, what they didn’t tell us was how giving Air Peace one slot was beneficial to Nigeria and Nigerians.” – honestly, I read comments that came out of Nigerians and was like —- people have lost confidence of themselves.

United Arab Emirates (UAE) Bows to Nigeria’s Pressure, Concedes Seven Flights Slots to Air Peace

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The disagreement between the United Arab Emirates (UAE) and Nigeria over airline slots the Arab country gave to Nigeria’s Air Peace, appears to be nearing its end as the UAE on Monday, decided to concede seven slots to the Nigerian carrier instead of one it earlier approved.

The Nation reported, citing sources, that the UAE also granted Air Peace the permit to fly directly to Dubai instead of Sharjah Airport.

Last week, Nigeria had taken a retaliatory decision against Emirate Airline over United Arab Emirate’s decision to limit Air Peace to one-weekly flight to the UAE, whereas Emirates got the Nigerian Civil Aviation Authority (NCAA)’s approval for 21-weekly flights to Nigeria.

In a bid to avoid the looming diplomatic row the development will cause, the UAE has rescinded its decision.

But in response to the report that it has directed international carriers operating into Nigeria not to airlift Nigerian travelers to Dubai, the UAE said it has no knowledge of that.

The Arab country’s decision to reverse its earlier decision limiting Air Peace’s flight’s slots into Dubai to one-weekly, was contained in a letter from the General Civil Aviation Authority, dated Dec. 13, 2021, to Air Peace, according to sources who spoke to The Nation. Although the Federal Ministry of Foreign Affairs was not copied in breach of protocol, the Federal Government was said to have received the letter.

“In the letter, the UAE said Air Peace can fly directly to Dubai and not Sharjah Airport. This is the latest on the development. Even though they did not follow the right diplomatic channel by writing to the Federal Ministry of Foreign Affairs which will in turn inform the Aviation Minister, this is still a positive development.”

Asked if the UAE has stopped other carriers from conveying Nigerians to Dubai, the source said, “This is in the realm of rumours. I don’t think it is true. No official communication banning Nigerians from entering Dubai through other carriers. If anybody has such a directive, let him or her produce it. It will be in gross violation of international civil aviation regulations.

“The Federal Government got no such information at the diplomatic or official level. I think with the latest concessions, the UAE was trying to avoid a diplomatic row with Nigeria. We also do not want any row with the UAE.”

Nigeria is showing readiness to reciprocate discriminatory foreign policies, especially with countries like the UAE, who have a lot to gain from Nigeria. A “do me I do you” sort of response to travel restrictions implemented by foreign countries seems also to be part of the new approach.

Hadi Sirika, Nigeria’s Aviation Minister had called the UAE’s decision “very insulting” and “not acceptable” by international treaties, conventions and agreements.

“And therefore I directed that they also be given one frequency and into Abuja and beginning from December 12. From December 13, they will only come once into the country. “So, anyone who wants to get into Emirates should get out by December 12.

“I know they cannot bear the pressure. Honestly, who cares? By their not coming, they are losing a lot of money and we also in Nigeria are losing the service they provide. But the sovereignty of 200 million people is too important to toil with,” he said.

Though thousands of Nigerians travel to Dubai weekly, a huge patronage to UAE’s tourist economy that it can’t afford to lose, the row between the two countries has been moving from one end to the other. Recently, the UAE announced the decision to stop issuing work visas to Nigerians. That was in addition to covid flight-ban that earlier halted airline activities between the two countries.

Nigeria is also gearing up to respond to the decisions of Canada, the UK and Saudi Arabia, placing it on covid red list over Omicron variant.

“We have given our input that it is not acceptable by us and we recommend that those countries – Canada, UK, Saudi Arabia and Argentina – be also put on the red list.

“So, like they did to us, if they don’t allow our citizens into their country; who are they coming as airlines to pick out of our country?

“So, they are not supposed to come in. I am very sure in the next three days; Monday or Tuesday, all those countries will be put on the red list of COVID-19.

“Once they are on the red list, which means they are banned, their airlines will also be banned. I am so sorry we are going through difficult times, but it is in the interest of our country,” Sirika said.