Risk-taking: A Step Towards Making Giant Strides in Life

Guest Contribution, by Isaac Oluyi

“Somewhere in your make-up there lies sleeping the seed of achievement
which, if aroused and put into action, would carry you to heights
such as you may never have hoped to attain” – Napoleon Hill

The height you cannot attain in life is that which you have never aspired to attain. There is nothing a person sets his mind to achieve that is not attainable if only he can go about it with the will to succeed, notwithstanding the attendant challenges. The height attained in life is directly proportional to the risk you can take. He who does not take risk may find it intractable to achieve any meaningful feat in life. This, I think, is what Napoleon Hill was referring to when he made the statement above.

What propelled me to write this piece was Continue reading “Risk-taking: A Step Towards Making Giant Strides in Life”

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Living with Death in View

LIVING WITH ‘DEATH’ IN VIEW

Death is often described as the greatest enemy of Man. The fundamental truth is that we are all liable to this ‘sting’ as it were. The sorrowful end to the joyous beginning of an individual is death. If only death can be bought with money, many in the world would have bought it over. This is a natural inclination as man was created with the innate desire for eternity. Death is beyond the reach of humans to control or eliminate. Not even medical science at its best today can proffer an antidote or surgery to overcome death. We are all indebted to it.

Until recent times, death had a more profound impact on me. The news of reported individuals dead, some of whom were very close associates leaves much in my mind to reflect upon.  This is the reason we all need to live our present lives with death in view. To better help us appreciate the basis for my theme above, let us examine the foregoing analogy.  Imagine a man who ventured into a business he hardly knows about. From information available to him, the business is no doubt very viable and rewarding. Unfortunately, the business failed due to inherent risk associated with the business not carefully examined by the investor. He took time thereafter to reflect on reasons why he failed with such a huge amount invested. “Could I have ignorantly not taken due caution before venturing into the business”? “Were the inherent risks associated with the business considered”? These were some of the questions he kept asking himself. He wished he could change the hands of time, that he could turn things around for the better by doing perfectly what he should have done for a successful business deal. However, all his wishes were best imagined as the business in question failed and he lost all his resources.

Individually, we are in the same ‘shoe’ as the the man illustrated above. We are all born into this world with little or virtually no experience of the world. Though from infancy into our late teens, our folks are responsible for our upbringing academically , socially, morally and so on, while we attain the age of independence, we sojourn through life with little or no parental guidance. Decisions on academic advancement, friends to keep, secular obligation, family life, pleasure and leisure amongst others rest on the shoulders of an individual. Decisions taken on issues as above could turn out good or otherwise for the individual. These are like the risks associated with the business ventured above. Whatever decision we make in life, we should always be conscious not onlyof the end of it, but also how such decision will affect others. Our decisions should be a reflection of our living with death in view!!

Regardless of our skin color, academic achievements, social status, gender, language and other parameters by which we are defined as individual or groups, it is imperative we henceforth as a necessity live our LIVES now with DEATH in view. If this ideology is globally reckoned with, life will be much better for us to live as individuals and as humans. Those at the helm of affairs especially in the sphere of politics will want to leave a legacy after their demise that will be remembered and appreciated by the electorates. Those in other positions of authority with death in view will be motivated to impact positively on their subordinates. Those in service to others or are governed living with death in view, will strive to be the best in there duties.
The man in the illustration above, after failing in the business, there were a lot of things he wished he had done differently.  Similarly, many who are dead if given a second opportunity would wish they could make few changes positively before their demise. Hence, we need to individually ask ourselves; WHAT NAME AM I MAKING FOR MYSELF WHILE ALIVE NOW? WHAT WILL I BE REMEMBERED FOR AFTER MY DEMISE? These are salient questions that needs to be considered carefully now  In my view, living with death in view should spark in ALL a life of selfless service to Humanity, not the acquisition of wealth and fame. If the history book of life should be opened and names such as, HENRY FORD, MARTIN LUTHER KING, WRIGHT BROTHERS, NELSON MANDELA, KOFFI ANNAN, OBAFEMI AWOLOWO some dead, some alive are read; what will they be remembered for? A common phrase that would describe them would be SERVICE TO HUMANITY.

Personalities above both living and dead were/are conscious of the need to live there lives with death in view, so that when eventually they pass on, their good legacies immortalize them. Such should be the mental attitude we all need to adopt. There will always be a story to tell after our demise. We have a great deal of choice to build a good reputation while alive. That is worth more than riches and fame. LIFE has a beginning and will surely come to an end. May we live our lives always with death in view for a better society.

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Self-Defeat: A Sure Path to Life of Mediocrity

The man who doubts himself is twice defeated in the race of life, as he has placed a barrier on the height he can attain in life. Doubt is the opposite of faith. It kills initiatives and prevents one from living out one’s dream. Self-defeat is indeed a sure path to a life of mediocrity.

Many a man has lost out in the race of life all because of doubt. They defeat themselves ever before they embark on a worthwhile endeavour. I have always believed that God created us for a just cause. There is a purpose for our existence on this planet. Besides, I also know that just as no man is superior to the other, no one is equally inferior to the other. In fact, all animals are equal. Forget George Orwell’s view in Animal Farm that “all animals are equal but some are more equal than the others”. I see that as a mere creation of man to give room for superiority of one person to the other. The truth of the matter is that no one is superior to the other!

But as much as I believe that we are all created equal – black or white, male or female, able or disable – many of us still face life with a self-defeatist approach. We give up easily on issues that could have turned our lives round. We allow doubt to tether us down to mediocrity level. Where we are supposed to soar like the eagle, we behave like chickens. Perhaps this story will make you understand what I am saying better.

I ran into a friend last week at the Department of English, Obafemi Awolowo University, Ile-Ife, Nigeria, who was recently recruited as an assistant lecturer. He took me through what happened at their interview. But what struck me most in his account was how another friend of ours who came for the same interview screamed when he sighted him. According to my lecturer friend, he gave up before the result came out. It was not a surprise when he rounded off his story that the guy was not given the appointment. The reason for his failure? Self-defeat!

This friend is not alone in this game of self-defeat. So many people have actually been victims of this. One thing I know is that life is a game. And like any other game, you win some and lose some. Even when you lose there are still lessons to learn. Why then do you have to defeat yourself before you begin at all? The more you defeat yourself before you begin, the more you will keep on living a mediocre life. So, to shore up your confidence, you must believe in yourself. There is no other person like you. There is actually something in you that the whole world is awaiting. Start that project today, tomorrow may be too late. Remember, when you defeat yourself before you start at all you may end up a mediocrity in life.

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What the Successful Have in Common: Passion

Earlier in the Series

Passion is defined as an intense emotion that compels feeling, enthusiasm, or desire for something. My own definition for the purpose of this chapter is the ‘type of feeling you feel about something that makes you feel like you’re really feeling some feeling’.

Passion is the single most important quality shared by all successful people in life or if you like, people who are making real significant impact in some areas in life. Everybody can be okay in something; we can all be average in one thing or the other, but crossing the line of just average to genius doesn’t just take everybody anyhow, it takes individuals with this intense feeling about what they set themselves to do.

My big brother won National Best Teacher Award in 2010. When my sister called to inform me, I wasn’t shocked at all because when I dug deep into his award and considered the way he handles his profession, I could see it happening several years back. His passion for teaching is intense.

With a degree in accounting and commerce, he could strive to secure a high-paying job with a financial institution but he rather chose to teach in elementary school. Surely, that is not what I would choose. To him, there’s not a single day he regrets what he does. He’s not the type of teacher who pupils sleep in class because of the level of enthusiasm with which he executes his duty. Some may envy the physical award that was given him, but I know that what he cherishes most is the pride of living as a National Best Teacher for the rest of this life. That is passion.

If you’re passionate about what you do, it should show in every aspect of your life, not life at the Continue reading “What the Successful Have in Common: Passion”

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Success Qualities Part 1b: Blowing Your Own Horn-How to Do it Right

Earlier in this Series

Introduction: What Do the Most Successful People Have in Common?

What the Successful People Have in Common, Part 1: Breaking Rules

In the previous article we discuss some qualities seen in some of the most successful people. The first quality we talked about in detail was their propensity to break rules set by society and conventional wisdom.  My friend BJ was used as an example regarding his self-praising attitude, in other ways, He Blows His Own Horns.

For those of us who were raised in cultures that spurn people who praise themselves, BJ may be the typical over-complacent type of guy. His enemies would be more than his friends.

What Blowing Your Own Horns is not.

The idea of blowing your own horns may sound like a call to pomposity and snobbishness, but that is not what I’m talking about here. It does not refer to the guy next door who thinks he’s knows more than anybody under the sun and is right 100% of the time. It does not apply to the person who is too conceited to ask for advice or seek help when he or she needs to.

So what is it to Blow Your Own Horn?
Continue reading “Success Qualities Part 1b: Blowing Your Own Horn-How to Do it Right”

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Endowment of Trust in You

Down the ages of human history, what appears to be a virtue has been turned by humans to a ‘social vice’, which many will hardly want to share or talk about. Everyone one of us have been a victim at one point or another in the hands of close family members, intimate friends, respectable citizens of the society, especially those in positions of authority who have abused this social virtue as illustrated in the scenarios below.

They were happily married for 20 years with three kids. Suddenly, he started behaving strangely… returning home from work late, hardly gives attention to his wife and kids, and reduces his monthly budget to the family. As if what appears to be a dream to his wife, he deserted the family for another woman. Her world was shattered in the sheer emotional and psychological trauma that followed.

While campaigning for an elective position, He promised the electorates that if given the platform to represent them, he would provide the people with basic infrastructural amenities, qualitative and affordable education for all, and tax reduction amongst others. Conversely, in less than two years in power; taxation was increased and other promises of his were not kept. What a woeful disappointment to the masses!

He has been known in the community over two decades as a respected Man of God. Many usually consult him for spiritual guidance and counseling. He has come to be loved and adored especially by his parishioners. Surprisingly, he was accused of sexually molesting a young woman in his congregation. Upon careful and thorough investigation as alleged, the revered Man of God was found guilty.

According to a French newspaper Le Monde, the global economic plight is largely the result of ‘ a widespread crisis of confidence’. Suffice to state that the human society is marred by a lack of TRUST!! As noted in the outset of this article, many detest a conversation on this social virtue because it is widely believed that an individual who hardly can trust himself cannot trust another. A question that deserves our utmost attention is – IS TRUST HUMANLY POSSIBLE?

Before delving deeply into the possibility or not of humans to be trustworthy, let’s first examine four possible causes of why humans in general have fallen short of this virtue.

GREED– In a New York Times report, Dr. Jerome Kassirer, a former editor of the New England Journal of Medicine, explains; ” when researchers are beholden to pharmaceutical companies for much of their income, there is an incredible tendency to get results that are favorable to the companies”. As an adage goes ‘He who plays the piper, dictates the tune’ As much as greedy merchants and industrialists can get returns on their investment, any consequential effect even if human lives are involved matters less.

SUCCESS AT ALL COST- Science students in Germany are believed to have paid out thousands of Euros in bribes to teachers to ”earn” the title of Doktor, a symbol of success in that country. A study described in the New York Times found that many students who cut ethical corners said that they ”intended to follow a strict code of values” after they attained success. Ethical values are at low ebb in our modern society. People are bent on getting up the ladder of success at all cost even if compromising values are involved.

ABSENCE OF ROLE MODELS– Regarding high school students, one professor is quoted in The New York Times as saying: ” we might be tempted to say they’ve lost their moral compass……. it’s probably better to say that their teachers and mentors and the rest of society never helped them construct and internalize a moral compass in the first place” The deplorable moral collapse around the globe have resulted in people especially the youths lacking an heartfelt desire for morality..

PRACTICES INCONSITENT WITH VALUES– In a study of nearly 30,000 students, 98 percent said they believed that honesty is essential in personal relationships. However, 8 of every 10 students admitted that they had lied to their parents, and 64 percent admitted to cheating on an exam during the previous year. Lying and cheating has come to be a common practice to the youths today.

Consider this- experiments conducted by Michael Kosfeld, a professor of business administration at the Frankfurt University in Germany, led him to the conclusion that Trust is ”a biologically-based part of human nature.” Kosfeld discovered that when there is interaction between two people, the human brain releases oxytocin, a hormone that stimulates Trust. ‘‘It is, in fact, one of the distinguishing features of the human species, ” Kosfeld states. ‘‘When trust is absent, we are, in a sense, dehumanized’.

Simply put: without trust, a person is not worthy of being a human.

A man by name Santiago in Argentina, did not did not have to debate what he would do. When a bag was left in his taxi, he simply returned it to its owner. Santiago’s gesture may seem ordinary, except for the fact that the bag contained more than $32,000.00. CRAZY he was, some would conclude. He would have been expected to turn such a rare and great opportunity into the biggest fortune of his life! Besides, nobody was there watching him. Santiago’s experience adds credence and substance to the claims of Kosfeld above that the ability to exhibit Trust is a ‘natural function’ of the human race regardless of age, skin color, language, social status, and so on.

Trust, though apparently a rare quality in the world today, is within the reach of EVERYONE. When this virtue becomes part of you, other virtues associated are naturally displayed, such as- honesty, integrity, fidelity, faithfulness and so on. Trust will make you stand out amongst your peers. It will make you become the sort after worker/labor by employers of labor worldwide. It will earn you friendship you’ve never imagine to have in Life. It will boost your ego and moral. It will unleash upon you confidence like you never had. It will enrich your life with joy and satisfaction. Reason why today, corporate firms, social institutions, and even individuals are named after this virtue or use it as their slogans/pay-off.

Imagine a world filled with trustworthy individuals- No need to be in fear the next time you leave your wallet or purse behind in a store or market, the next time you forget to take along your valued mobile phone in the bank, the next time you remember that you did not lock up your car’s doors at the park. Much heartache and associated ills will drastically reduce, resulting in an increased life-expectancy for us ALL. So, never underestimate your ability to develop this great virtue of TRUST. By learning to cultivate and manifest Trust in your life, you are positioning yourself for greatness and success!!! Be TRUSTWORTHY Today.

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Africa: ‘Continent of Hope’, Kofi Annan

The foreword to the Africa Progress Report 2011, by the former United Nations Secretary-General:

The last year has been particularly eventful for the continent, and the world as a whole.

A growing debt mountain in the United States, uncertainty around Europe’s common currency and the consequences of the earthquake in Japan are reordering the industrialized world’s priorities. This and the lingering repercussions of the global financial crisis, accelerating shifts in the balance of economic and political power, high food and fuel prices, and political change in North Africa have transformed the policy space in which African leaders and their partners operate. By compounding existing challenges, but also by creating new opportunities, these dynamics are transforming prospects for ordinary Africans across the continent.

The events of the last year have also accelerated changes in how Africa is perceived – and perceives itself. The broader aftershocks of the financial crisis, including currency and price volatility, fiscal crises and asset-price collapse, have proved that no region, for better or worse, can be seen as exogenous to the world economy. They have also highlighted the need for new growth poles and markets to sustain the economic order in the developed world. As a result, countries and companies are increasingly shifting their attention from Africa’s problems to its vast potential and abundant opportunities. In the process, they are redefining the continent’s image.

On the continent, these shifts in perception are accompanied by a heightened appreciation of the need for African self-reliance in an uncertain world, and by a palpable spirit of optimism despite some high-profile setbacks. The fast recovery and strong growth rates of many economies, plus numerous examples of social and political progress, are feeding a remarkable “can-do” spirit. This is reinforced by events such as the Football World Cup in South Africa, the peaceful referendum in South Sudan, the adoption of new constitutions in Kenya and Niger, and unforeseen political change in Egypt and Tunisia.

What was termed “the hopeless continent” ten years ago has now unquestionably become the continent of hope. Hope that strong growth rates will translate into jobs, incomes and irreversible human-development gains; that the continent’s enormous wealth will be used to foster equitable and inclusive growth and generate opportunities for all; that economic transformation and social progress will drive further improvements in democratic governance and accountability as the middle classes grow and demand more of their politicians and service providers; and hope that rulers who abuse their power to enrich themselves at the expense of the poor and of democratic processes are, at last, seeing the writing on the wall.

That many of these hopes actually seem attainable shows how far the continent has come. Hope, however, is not enough. Positive trends are being offset in too many countries by structural governance deficits.

Violence, political turmoil, and uncertainty still scar too many parts of the continent and add to the challenges already at hand. The slow progress towards the Millennium Development Goals (MDGs), the difficult task of providing productive employment for rapidly growing numbers of young people, increasing inequalities and food insecurity, the risk of contagion through increasingly interconnected systems and the effects of climate change all threaten past and future gains.

Despite repeated promises of reform by the world’s most powerful countries and institutions, Africans also remain heavily marginalized in world affairs, with little say in and control over how decisions affecting their countries are taken. The continent’s enormous potential remains constrained by unfair global rules and the ambivalent behaviour of many partners, particularly with respect to tariff and non-tariff barriers to trade, distorting quotas and bloated subsidy regimes.

Given these obstacles and challenges, it is all the more remarkable that some countries in Africa have shown such solid progress towards sustainable growth and development. They offer clear proof that, with the right combination of leadership, focused development plans, and international support, enormous advances are possible in even the most difficult circumstances.

However, all African countries face the increasingly difficult task of mobilizing resources in an age of austerity. As pressures on aid budgets increase, and climate change adds new financing demands, African leaders and international donors are realizing that they cannot drive development on their own. Official development cooperation remains vitally important to build capacity, leverage other flows and achieve specific results. Yet, there is also a growing need for partnerships harnessing a broader range of actors and their energy, creativity and resources to fill the gaps.

Such partnerships have already proven their transformative power.

Collaboration between the private sector and international philanthropists has led to significant reductions in malaria deaths. Partnerships between mobile-phone providers and governments have resulted in greater access to credit in rural areas and transformed business across entire regions.

Partnerships between civil society and intergovernmental organizations have led to vastly improved agricultural methods and inputs for smallholder farmers. By mobilizing resources, improving efficiencies, or extending services, access and opportunities to previously marginalized segments of the population, partnerships can clearly complement, expand and improve government-led development efforts. If scaled up, they can even affect sustainable structural change.

Current dynamics are highly favourable for strengthening cross-sectoral collaboration. Over the last years, new spaces have opened up for engaging actors around their comparative advantages and respective interests as the benefits of partnering have become more obvious. The private sector understands that it needs the access and knowledge of local partners and national governments to grasp the enormous commercial opportunities at the bottom of the pyramid. Governments and civil society organisations are recognizing the value of the resources, capacities, and expertise the private sector can bring to their development efforts. As the interests of the various sectors continue to converge and improvements in regulatory environments make cooperating easier and safer, opportunities for partnerships continue to grow.

The core elements of effective partnerships are well established, even though their combination may vary: political leadership and vision from governments, along with a supportive regulatory, legal and fiscal environment; a private sector incentivized to invest capital and ideas not just for immediate returns but for longer-term change that will strengthen markets, value chains and social stability; civil society afforded the space by business and government to keep both accountable for socially and environmentally responsible behaviour; and international organizations, African or otherwise, able to advocate global standards and share best practices, especially from other parts of the global South.

The idea of partnerships for development is hardly new. For over a decade, MDG 8 has been calling for stronger partnerships as a basis for achieving all other goals. Despite the existence of many encouraging examples, and valuable lessons learned, we are still not seeing enough success stories replicated or brought to scale to effect lasting structural change. Too many actors still see the risks of engaging in partnerships rather than the opportunities, and too many states still fail to harness the developmental potential of their civil society organizations or to provide the enabling environment and incentive structures to make partnerships attractive for private-sector actors. This results in missed opportunities to tackle problems and drive progress. Given the transformative power of partnerships, it will be crucial to overcome these blockages and convince all sides of the inherent benefits of partnering for progress. This is the main purpose of this report.

Kofi A. Annan

Chair of the Africa Progress Panel

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Africa Transforms to ‘Continent of Hope,’ Says Annan

Cape Town — Despite high-profile setbacks, Africa has in the past decade changed from being “the hopeless continent” to “the continent of hope”, former United Nations chief Kofi Annan says in a report issued Thursday.

“Countries and companies are increasingly shifting their attention from Africa’s problems to its vast potential and abundant opportunities,” he says. The continent’s quick recovery from the global financial crisis, and “numerous examples of social and political progress” are “feeding a remarkable ‘can-do’ spirit.”

“Hope, however, is not enough,” adds Annan. Violence, political turmoil and uncertainty “scar too many parts of the continent,” increasing inequalities, food insecurity, the effects of climate change and difficulties in creating jobs for the young. And Africa still has little influence on decisions affecting it which are taken by the international community.

Annan highlighted what he called “a palpable spirit of optimism” for the continent in the foreword to the 2001 report of the Africa Progress Panel, an international review panel established to monitor whether the world’s leaders are meeting their commitments to Africa. The report was launched at the World Economic Forum for Africa, which is meeting in Cape Town.

Annan, the leader of the panel, was scheduled to be joined at the launch by the former Nigerian president, Olusegun Obasanjo, activist Graça Machel and Botswana’s central banker, Linah Kelebogile Mohohlo, who are among other panelists.

The report notes that Africa grew more quickly than most parts of the world in the five years before the 2008-2010 global economic crisis, and that exports and foreign direct investment dropped during the crisis, but that “most of Africa is now resuming its growth spurt.” The report cites International Monetary Fund predictions that sub-Saharan Africa’s gross domestic product would grow in real terms by 5.5 percent this year and 5.8 percent in 2012.

However, the report adds, the average figure masks big differences between countries: “While the Republic of Congo, Ethiopia, Ghana, Mozambique, Nigeria, Tanzania and Zambia are all expected to be among the world’s ten fastest-growing economies, the Central African Republic, Chad, Côte d’Ivoire, Equatorial Guinea and Eritrea are projected to grow at rates far below the average.”

The report also underlines a key problem of most of Africa’s growth: that it is based in a number of countries on the extraction and export of natural resources and raw materials, such as minerals, without any value being added by processing or manufacturing on the continent.

“While natural-resource extraction has accounted for only about a third of Africa’s real GDP growth in the last decade, more than 80 percent of the continent’s export earnings come from primary, generally unprocessed commodities,” the report says.

It adds that the economies of several countries are geared towards the export of single commodities, including copper (Zambia) and aluminium (Mozambique). This has resulted in unbalanced development, with weak links between export-orientated and other sectors.

“With the notable exceptions of Egypt, Tunisia and South Africa, where manufacturing and services account for 83 per cent of combined GDP, 15 non-extractive sectors and competitive industries remain heavily under-developed in most African countries…

“Driven by capital-intensive extractive sectors, the current type of economic growth has little positive impact on employment and income levels and virtually no effect on employment-intensive sectors such as agriculture,” the report says.

Nevertheless, the report concludes that the current strong economic recovery reiterates Africa’s “immense” economic potential.

“While poor policies, conflicts, natural disasters and other seismic events may disrupt growth in individual countries and subregions and significant structural barriers remain to be overcome, the fundamental trends and drivers suggest a positive growth outlook for most of the continent…

“In order to make the most of the continent’s enormous potential, and counter the risks in years ahead, African leaders, with the help of their international partners, need to accelerate economic diversification and structural transformation,” the report says.

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