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7 Characteristics of Divine Wisdom | #7 Characteristics of Divine Wisdom # walking in wisdom # wisdom from above
Some years ago, Aliko Dangote, Africa’s richest man invited media leaders to a luncheon at then Protea Hotel in Ikeja to mark his 55th birthday.
Some of his guests sat around him at the centre table. They chatted freely. Discussions about our country, the state of the economy soon veered into discussing the absurdity of our country, being a major crude exporter, and also a major importer of refined petroleum products. Our colleague from a major business paper said the local conditions were unfavourable to any investor who wanted to build a refinery. He then made a remark that I believe he would live to regret: “Only a foolish man will build a refinery in Nigeria”.
https://pmnewsnigeria.com/2023..../05/23/the-foolish-m
Mr Sanwo Olu also reminisce on how Bola Tinubu can transform Nigeria economically. In his statement “The then Governor of Lagos State, who many years ago, envisioned the Lekki Free Trade Zone, is now the President-Elect of the Federal Republic of Nigeria”
Today, May 22, 2023, is indeed a historic day as Aliko Dangote, the richest black man in the world, is the visionary behind the massive project being commissioned today. A young man who left Kano in 1977 at the age of 20, and came to Lagos, in search of fortune and fulfilment.
https://souljarmind.com/edutai....nment/hey-future-dan
Paul Graham, cofounder of Y Combinator.
Paul Graham knows some things about startups and founders. In 2005, the venture capitalist cofounded Y Combinator, a startup accelerator that’s helped Airbnb, Stripe, and other tech companies take off.
Paul Graham explains the one quality startup founders need—and most people lack
BYSTEVE MOLLMAN
May 20, 2023, 6:46 PM UTC
Paul Graham, cofounder of Y Combinator.
DAVID PAUL MORRIS/BLOOMBERG VIA GETTY IMAGES
Paul Graham knows some things about startups and founders. In 2005, the venture capitalist cofounded Y Combinator, a startup accelerator that’s helped Airbnb, Stripe, and other tech companies take off.
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On Saturday, Graham mused on why some entrepreneurs succeed and others don’t.
“Someone asked me what was the most luck-dependent thing in startups. I replied: whether you’re suited for it. Only a tiny fraction of people are,” he tweeted.
When asked to describe in a single word the key characteristic, he replied, “determined,” noting that it’s “very common” for someone who is suited for launching startups to “only succeed on the third or fourth try.”
But, he added, it isn’t obvious who has this quality. “If it were,” he noted, “YC would have a much higher success rate.”
One Twitter user asked, “Are you saying that this is something that you can’t change? Something you can’t get better at?”
Graham replied, “If you’re suited for it, you can get better at doing it. But you can’t get significantly better at being suited for it.”
In the case of Airbnb, the determination of its founders impressed Graham more than their business idea. Brian Chesky, Joe Gebbia, and Nathan Blecharczyk launched the company in 2008 but were rejected by venture capitalists. Graham, too, was skeptical of the idea that people would invite strangers to stay in their home.
But then Graham got a glimpse into the founders’ determination. Faced with rejection from potential backers, now-CEO Chesky and his partners had instead raised funds from their own customers by selling them $40 cereal boxes. The team custom-designed and hand-glued the boxes to feature then-presidential candidates Barack Obama and John McCain, offering them as a breakfast option to Airbnb customers, some of the first of whom were people attending the Democratic and Republican national conventions. The boxes proved popular and sold unexpectedly well.
As Chesky recalled at a recent Stanford Graduate School of Business event, Graham asked the founders about the boxes at the end of their interview, which had gone badly. They replied, “This is how we funded the company because no other investors gave us money.”
Graham was suddenly impressed. “Well if you can figure out how to get people to pay $40 for a $4 box of cereal, maybe, just maybe, you can convince strangers to live with each other,” he told them.
Y Combinator then invested in Airbnb, which today has a market cap of nearly $70 billion.
TY Bello came through with this awesome Wonder
https://shoplifemusic.com/song..../26677021/heaven-has
Minister Olashoplife
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