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What Your First Degree Does Not Get You, A Higher Degree May Not.

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I have noticed a trend. It is not a recent trend among graduates. When they are done with first degrees and could not secure immediate employment, the next bet would be to get a Master’s Degree.

It is so common that for every ten graduates you come across, six of them would be ready to go for further study not out of genuine interest or a clear picture of where it could take them, but simply because they have found it hard to get a job.

Many of them erroneously believe that an advanced degree would land them their dream jobs. Most, if not all the time, this belief is not true. Further academic degrees are meant to prepare not for the industry but for teaching. Most entry level jobs require a first degree. Any time a higher degree is sought, there must be required requisite experience.

This is where a lot of graduates get it wrong. A class to class transition does not take you to the workplace. Rather such movement lands you in the classroom if you are lucky.

Experience is what you need to get a job, not a higher degree! Skills and certifications are what you must focus not an MSc or MA. A clearly planned path is what takes you to your job not more academic qualifications. Even if you are considering a higher degree, why not pick up a professional degree?

Please do not misunderstand this. This is because with a Master’s degree, you are qualified to teach in a university. Nevertheless, what the industry requires from you is the skills you possess and the value you are ready to offer. Those two give you the job.

Many graduates today in Nigeria are not competitive! A lot do not understand what they have spent four or five years of their lifetime in the university. Apart from the theories, Nigerian graduates are not clear on which value their degrees should ordinarily bring to the table. If you find it difficult, after having spent four years in the university, to define exactly what value should your qualification offer you and the society, then you are a candidate destined to stay long in the job market. You may eventually end up going for a higher degree which would not take you anywhere.

The only way to build your career and get a job is to be clear about what you intend to do and discover skills you can garner to position you well ahead of others. In doing this, you must have a clear vision of where you are heading. This would guide you in picking the right skills and certifications. It would also assist you to know the right place to secure the needed work portfolio and some experience. Good enough, it is easier to pick up skills online these days. They are free.

Always have it at the back of your mind: your first degree, supported with other certifications and skills plus experience, should be enough to open the door for you. And not a further academic qualification.

The Biggest Illusion in Nigeria

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I read comments on the reintroduction of toll gates article with many people recommending for Nigeria to reduce expenses to avert fees and taxes. Simply, many Nigerians do think that the Nigerian government is spending a lot of money, and could be cut into shape.

People, nothing like that. This is one area our successive governments have failed Nigerians: no one has told us that we are relatively “severely” poor, and exceedingly underperforming as a nation. Nigeria does not have excess spending problem – the fact remains that Nigeria does not even have enough to spend (note that I am not arguing on the efficiency of the “little” spending).

Nigeria’s national budget is $24 billion for 2019. South Africa budgeted $122 billion. South Africa spends 50% of our national budget on healthcare alone! Yet, Nigeria’s population is more than 3 times South Africa’s. I do not share this without the consciousness that I carry the Nigerian passport.

Expenditure in 2019 is expected at R1.83 trillion, with the bulk (R1.1 trillion) going to social services.

State wages and compensation remains the largest category of spending, accounting for 34.4% of consolidated expenditure – a level which the finance minister described as “unsustainable”. Measures are in place to realise a R27 billion reduction in spending here, he said.

Yes, we need to stop the argument that government has tons of money that can be cut. If you go through 2,000 years of economic history, nations rise when companies evolve and pay taxes so that government will have money to spend and improve institutions. This is the fact: Nigerian public institutions will not advance until the private sector does, because the resources to improve them are in the taxes. Even if you remove corruption and save $24 billion in Nigeria, we are still not there!

Nigerian Budget Source: Deloitte Nigeria

 

2019 South Africa budget (source: Businsstech)

As Carnegie pioneered U.S. steel sector, he wrote the ordinances, made money before government came to regulate it to avoid it from destroying itself! As Mellon, JP Morgan and other financial titans shaped U.S. banking, government waited, and then went in later to regulate the sector at scale. As Amazon devoured retail, U.S. waited until it moved with ecommerce regulations by requesting local tax collection.

As Rockefeller changed oil business, he provided the money government used to regulate Standard Oil. He was an oil man, and paid the poison pill. Across markets and domains, the private sector has always funded the public sector. Regulation, taxes and those fees are how governments monetize those moments.

Nigeria does not have a dynamic private sector and Nigeria does not have money – do not think government needs to be cut into shape. The fact is this: the government has no money to spend. 

Time is Scarce Even in its Limitless Form; Master Your Time.

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One of the most important elements for success is the mastery of time. If you master your time, you will WIN your future. There is no greater liberation than  owning your time, and no great success has been achieved without knowing that time is scarce even in its limitless form. But managing time does not mean spending lesser time on something; it’s simply knowing what to spend time on, to advance your mission. Do not be like the lifeless feather which when tossed into the stream wanders wherever the stream current moves it. Be like the dragonfly which even though enjoying the mild current defines its path. 

Have a process and see how that process aligns with your goals in life. Students, look carefully, the bests in your classes are not necessarily the smartest but those smart enough to manage their clocks. Because the world is bounded by time, defined within 24 hours a day, companies and schools look for those “bests” as they have overcome by managing time. The best companies, the best universities, and the best leaders want them because if they continue on those paths, they will add values.

I wish you a great purposeful weekend. My teams are playing this weekend – Baltimore Ravens has to win (Steelers) in the NFL (U.S football, not soccer!) while Sevilla has to help Barcelona FC make points in La Liga. We need your support.

The Biggest Failure is NOT Fixing Things that Lead to Failures

Stop Waiting for the Perfect Time

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They always say, ”no one is perfect”, true! Perfection can never be attained but if we try to get better at every level that we are, maybe we can be excellent.

All my life, I waited too long for perfection. So I never tried anything because I feel it wasn’t perfect enough for me to start. The fear of being criticized left me in a spot for many years. Until I had to break out from the thoughts. Common! Stop waiting for perfection.

I have never seen anyone out there who is perfect. Not even those referred to as the Greatest Of All Time (G.O.A.T.).

They make mistakes, they fumble and even perform below par. But their ability to overlook the flaws and get better at every level is what makes people see them as the greatest.

If experts also have their flaws, why would you wait till you are perfect?

Waiting for perfection is like waiting forever. You’ll never get there. No matter how long you wait. But if you decide to improve on what you know, who you are, the level you are, that would make a whole lot of sense.

I know you demand too much from yourself, yes, it is good. Being hungry pushes you to do more, which is fine. However, you need to be fair on yourself. Be fair on the assessment and judgment of yourself. Sometimes, you need to pat yourself on the back. You are doing better.

There’s an adage that says, ”Rome wasn’t built in a day.” The experts you see today were once amateur. The only difference is – they strive to improve daily.

Perfection only comes to those who try every day. If you want to be good at something, do it every day.

At first, you will struggle. It will not even make sense to many people. They’ll tear you down. Some will advise you to quit.

But if you listen to them, then you are not ready.

Shut your ears to the noise around you. Breathe. Only you know what you want, so go for it. Do it every day, do it till the nonsense makes sense.

At the end of it all, those who told you to stop will ask you to teach them. But till then, are you doing enough to win over their doubts.

Ask yourself!

Nigerian Graduates – A Low-Paying Job Doesn’t Diminish You!

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You see many graduates out there unemployed and you blame the government. I do too. I blamed the government for not doing the right thing in the country.

So I embarked on helping graduates as many as I can. Been an unemployed graduate, I quite understand where the shoe pains. The feeling is always suicidal. No graduate wants to go back home. It doesn’t make sense after all that your parents have done for you.

At least, it will make sense for any graduate to take responsibility for himself after graduation and NYSC even if you are not giving them money for now. But when the situation is not encouraging, what can they do?

Like I was saying earlier, I tried to help some unemployed graduates by trying to show them a way that could help them a bit, but I was actually gutted at the manners of some graduates. They all want opportunities with at least six figures for a start.

It really amazes me anytime I see graduates come online to crucify government and recruiters. Are you telling me there are no jobs? For real?

Hell no! There are some jobs out there but when you let the certificate get into your head, the ego starts to push you here and there.

I’ve shared my stories many times. I don’t mind sharing again if someone is really learning. I never started my writing thinking I will earn a dime. I never even see my writing as something good enough to be read or paid for. I only joined for passion.

During the course, I wrote some articles for free. I mean, I got zero dimes. Today, pick up some graduates and offer them an opportunity that is worth $50USD, they will tell you – ”I am sorry, I can’t do it.”

”It’s too low for me.”

”I am a graduate.”

”I have First-Class.”

”I attended Harvard University.”

They will turn it down. Yet, they complain that there are no jobs. You want a job of $5000USD with zero experience, who will give it to you?

I think they are missing a lot here. Not everyone gets lucky with such opportunities. Why not pick the one you see and pile up experiences? That will make you more marketable. Stop deceiving yourself!

Am I against anyone getting what they think is good for them in terms of monetary value?

Capital no!

But I have a problem with people who turn down opportunities because they think too highly of themselves. Wake up from your slumber. You can only do that if your dad owns a company.

Do yourself a favour by going with what you see but never limit yourself to it. A low-paying job doesn’t reduce you. Neither does a high-paying job lifts you higher. It’s who you know and what you know that determines how far you will go.

My question is, ”How will you get to know people when you have turned down almost every opportunity because of the low paycheck?”

Think about it.