Showing posts with label how to spend it. Show all posts
Showing posts with label how to spend it. Show all posts

Saturday, January 01, 2022

Glass ceilings broken and ROADS WIDE OPEN #2022






And here are the links again, because the months-long twitter ban has not yet been lifted in Nigeria:

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Saturday, February 13, 2021

Wednesday, May 30, 2018

What's your next move? "Back to the village" and the businesses / technologies that support it

A world where workers will be empowered to dictate their own hours, their own wages, and most importantly, their own freedom to explore their passions. 
A massive shift that opens up the opportunity for numerous peer-to-peer services and networks.
Driven by a post-scarcity economic model whereby you can live very frugally if you choose to, some workers (mostly college-educated and urban) are opting out of the now traditional work structure and choosing their own path.

People are really doing this.  
Source: VentureBeat, please read.  

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Thursday, October 12, 2017

Monday, August 21, 2017

#giving #goals


http://edition.cnn.com/2017/08/20/africa/sierra-leone-mudslide-survivors-grief/index.html
Hundreds dead in mudslide disaster

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Tuesday, November 29, 2016

Ethical Capitalism for the person and the state


Decisions that buyers, workers, and entrepreneurs make can make work and business so much better.


Broad-minded and Large-hearted policies can make the economy work even better for everyone.

You may also like: What do the rich really want?
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Friday, August 26, 2016

What is the African dream?



How many of these places have you seen?
One more reason to get our economy and government right: when we do that, then everybody can travel the world AND BEYOND.  The first clip made me cry, by the way.  

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Credits: 
1. Oya Come Make We Go - 2Baba featuring Sauti Sol 
2. Travel The World - Cassper Nyovest 
West, East, and South Africa have spoken :) 

Monday, November 30, 2015

Wikipedia : Simple Living

Simple living encompasses a number of different voluntary practices to simplify one's lifestyle.
  • These may include reducing one's possessions, generally referred to as Minimalism, or increasing self-sufficiency, for example.
  • Simple living may be characterized by individuals being satisfied with what they have rather than want.[1][2]
  • Although asceticism generally promotes living simply and refraining from luxury and indulgence, not all proponents of simple living are ascetics.[3]
  • Simple living is distinct from those living in forced poverty, as it is a voluntary lifestyle choice.
 

Mahatma Gandhi spinning yarn in 1942. Gandhi believed in a life of simplicity and self-sufficiency.


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Thursday, October 02, 2014

Do you really want to live forever?

Five Tales from Crazy California
1
"I have no intention of dying"
- Sumner Redstone.
Billionaire Redstone, now 91, has made no secret of his longevity regime. It begins with a breakfast of goji berries, "Green Machine" smoothies and tomato juice — followed by a fish dinner and a shot of vodka for its "wonderful" antioxidant properties. The mogul also says he exercises 90 minutes a day.
 2
"It's not even a hypothesis; it's just obvious: The human body is a machine.  Like any other machine, it can be subjected to preventative maintenance that will keep it going indefinitely by removing and replacing parts, just the way we do for a car." 
- Aubrey de Grey, head of the Strategies for Engineered Negligible Senescence Research Foundation, and author of Ending Aging: The Rejuvenation Breakthroughs That Could Reverse Human Aging in Our Lifetime.
 3
"Our goal is to move to a preventative medicine paradigm versus treating diseases after they occur.  This is the start of the future of human medicine."
- J. Craig Venter, geneticist and owner of Human Longevity Inc., which will sequence 100,000 genomes annually for paying customers.
 4
"There are a lot of people out there saying, 'We can sell you good health if you pay attention to what we do,' which is genome sequencing, but I have yet to see them actually make an impact."   
- Dr. Dennis Slamon, chief of UCLA's hematology-oncology division.
 5
The urban legend that Walt Disney had his body frozen after death is not true, but it is an option today. 
Most recently, the body of famed computer coder Hal Finney was flown to the Alcor Life Extension Foundation in Scottsdale, Ariz., shortly after he died Aug. 28 of ALS. 
That night, his fluids were replaced with a proprietary chemical solution called M-22. 
His body then was chilled to -320ºF and placed in an aluminum pod suspended within a 450-liter tank filled with liquid nitrogen.
There, Finney will remain in suspended animation, or biostasis, until he can be revived.
(Full-body cryopreservation costs $200,000, but one can preserve one's brain for a mere $80,000.)  
Exactly how or when that might be achieved is unclear, but according to the Alcor website, the key lies in nanotechnology, by which molecule-sized devices could "recover any preserved person in which the basic brain structures encoding memory and personality remain intact."

Source: How to Live Forever: The (Mad?) Science Hollywood Is Using to "Cure" Death
by Seth Abramovitch for The Hollywood Reporter, 10th September 2014

Monday, July 28, 2014

"But the German way with money is to keep it quiet"

"It is not the kind of place then to approve of young millionaires roaring around in expensive cars - they may make the Porsches and the BMWs but it's for others to rev them up and show off."

"In the US and Britain, business people are part of public life. Warren Buffett gives press conferences. Bill Gates tours the world, banging the drum for measures to prevent disease. Every American city has a museum or a medical research centre or a university department named after a local moneybags."

In Nigeria, ... , never mind.

Enjoy Germany's super-shy super-rich, by Stephen Evans, for BBC News. 
This article is my source for the quotes above, and is reprinted below.

Karl Albrecht and the shop in Essen started by his mother
Karl Albrecht and the shop that began the Aldi empire
Nobody could accuse the richest people in Germany of flaunting their wealth, quite the opposite.

With the death of Karl Albrecht, there was no announcement for nearly a week, and not until the small, private funeral was over. He and his brother, Theo, had turned their mother's small grocery store in the Ruhr into Aldi, one of the world's biggest supermarket chains, but the habits and thoughts of this mega-business mogul were unknown.  For the obituaries the German papers could only trace bland statements he had made in 1953 and 1971.
This was not a chatty public figure.
He grew orchids, apparently, and played golf - but on his own, private golf course. In the absence of a public presence, a legend grew around him.
The brothers, ex-employees said, would keep accounts using stubs of old pencils, almost too short to hold. It is said that they once told architects designing a new store that they were using paper that was too thick.  

It was this frugality which set the Albrecht brothers on the road to super-rich status.
Interior of the original Albrecht family shop
The Aldi chain began after Theo and Karl Albrecht took over their mother's grocery shop in the Ruhr
After the war, they took over the grocery store and set up a company called Aldi after Albrecht Diskont.  They pared the costs to the bone, dispensing with advertising and relying on the reputation for low prices. They sold what sold quickly, only 300 items initially.  Even shelves were thought to be too extravagant - after all shelves had to be stacked and that meant stackers and that meant wages. Instead, the goods were deposited, in the stores on the pallets on which they arrived.
Even today, Aldi stores usually offer no more than 2,000 products compared with the 45,000 products for other chains.
Food tended to be in tins because fresh food cost money to store. Managers had no telephones - they were told to use the nearest pay phone.

When Theo was kidnapped in 1971, Karl negotiated - over some days, according to the German media - and then paid the ransom which, legend has it, he tried to offset against tax. 

If Karl Albrecht was reclusive, the head of the rival Lidl chain is positively invisible.
There are only two photographs in existence of Dieter Schwarz, and one of those is in black-and-white. He may be the 25th richest man on the planet but nobody outside his closest circle knows anything about what he thinks or does. 

It is the same with the Quandt family which owns BMW. The product may be a symbol of conspicuous consumption but they are a symbol of inconspicuous taciturnity.
Take the case of Susanne Klatten, the daughter of the industrialist Herbert Quandt, the man who made BMW the luxury-car colossus it is today. She was left 12.5 % of BMW.
With her other business interests, she is the 44th richest person in the world, but a woman with a low profile. When she started in business, learning at the bottom, as an apprentice, she worked at a BMW factory under a false name.
The man she married never knew her real identity until the romance was solid.
Susanne Klatten
Susanne Klatten is Germany's richest woman
It would be tempting to draw big conclusions about the reticence of Germany's super-rich. 
 
In the US and Britain, business people are part of public life. Warren Buffett gives press conferences. Bill Gates tours the world, banging the drum for measures to prevent disease. Every American city has a museum or a medical research centre or a university department named after a local moneybags. 

But the German way with money is to keep it quiet.

It is partly because frugality is a virtue, a matter of morality and not just of wise behaviour. And maybe, after the experience of Theo Albrecht, privacy means you're less likely to get kidnapped.
It is not the kind of place then to approve of young millionaires roaring around in expensive cars - they may make the Porsches and the BMWs but it's for others to rev them up and show off.

The figures show that private wealth in Germany is more unevenly distributed than in any other country in the eurozone. While the richest 1% have personal wealth of just short of one million euros on average, a quarter of adult Germans have no wealth or even owe money.
But because those with the money keep their heads down, it doesn't always show.

Previously on UpNaira

 

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