BC ECONOMY
Saved by @Alex1Powell

My Foresight

Whatever you see in the next 20 years to come in this country blame the bi-partisan mishandling of ASUU strike.
Let me drop some rough statistics to see what I'm thinking right now.

 Today about 2 million Nigerians are working in the US alone. Almost 250 thousand of them are Medical Doctors. The rest are Academicians, Engineers and so forth. Most of these guys were the bests in their schools here in Nigeria.
Because of the poor working condition, unfavorable environment and very low salary, the're forced to emigrate to greener pastures for a better life. Many Nigerian students particularly the ones reading professional courses are thinking of leaving for a better life.
Don't forget this is a country that's in dare need of professional workers. The current doctor-patient ratio will throw you into a depth of despair. From what I observed recently, bad days are coming unless something is done.
Just recently our association hosted a Webinar on opportunities for Doctors in foreign countries. What do you think?
Almost all the people that participated including me are just waiting to graduate in order to apply for job abroad.
Most of the students that took part in the webinar series have now found easier ways to leave. Because the presenters who are currently working in Europe right now did well in telling us the shortcuts to Europe and America.
What do you think? Brainboxes that I know in Medical school like Aliyu Sama'ila, Mudassir JJ, Dawakiji have made up their minds. Someone like me have already downloaded German Language App to learn German in preparation to join the Exodus. We're going there, me & my friend Zagga.
This is so pathetic for our country 🤧
As I'm typing this, I received two mesaages, one is telling me to add her name in those leaving, another is telling me his lecturer in Biochemistry is leaving the country very soon.
Many lecturers are going to leave. So many of them.
There are some that wanted to stay and work in Nigeria despite the odds, but what changes their minds?
Because most students and Lecturers are now frustrated. The government and ASUU have made their lives so miserable, so the only way to teach them a lesson is to leave.
What's the loss?
The government will suffer the greatest loss as it provide the facilities that trained these students. It spend so much to see these students are well trained hoping that it would benefit from their expertise. But what happen at the end? They leave.
The government has everything to lose. Who are the real loser? Of course the poor, the underprivileged, the average citizens or the larger population who are in need of their expertise. Who lose at the end? The whole nation. Bcos with no professional staff the nation is collapsed
With nation like this, the crime rate will increase, the disease burden will snowball, illiterate will govern because the literate are out there serving another country.
Ok, let me talk about *1 year victim*
Do you know who's one year victim? He's that person that assumed he'll graduate at the age of 30. This man is at the brink of losing his NYSC certificate. In Nigeria if you're above 30 years of age you won't go for service.
So his plan is to graduate at the age of 30, but he's now 31. Because of that he's not going for Service.
He's victim of circumstance.
He committed no crime, but because of that if he's giving political appointed tomorrow the whole nation will bark at him. "He has no NYSC certificate, so he must resign"
Why would you snatch from him (1 year victim) his privilege? And when he's into politics tomorrow, ASUU strike will be ruled out as the cause of not him going for NYSC.
This is just how our system operates, so clumsy 🤧.
We've experienced 2 strikes in the University so far which added up to a year.
Who's to be blamed? ASUU or FG, that's not for me to judge.
But I've a strong reason to leave Nigeria so far and I've a strong reason to take my children abroad if I've the means.
Don't forget while we're on strike all the private universities where the children of the elite study are operating, some are even in their second semesters.
That's just what will happen in the future if ASUU and Government do not behave well.
Students are victims today, but the government is the real victim tomorrow.
We (students) can't go on strike, but we can take our bags and board a plane.

Take it or leave it, this is just it.

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1/


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1/ Unit economic for founders thread.

Despite being a founder and a student of the subject, I missed out on a key point growing up.

Length of relationship with your customers, order frequency, product usage and utility matter.

They didn't teach me this in business school.

2/ Structured right, products used daily vs weekly vs monthly vs yearly lead to different profitability and scalability paths.

Quiz. Which business would you pick?

a) Enterprise software - US$ 250k one time license
b) Enterprise software - US$ 30k/month recurring subscription

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Looking back, with hindsight, I know I should have picked B.

Why?

4/ Bringing in customers is hard.

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What are the easiest ways to scale a business?

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a) Get more customers - acquire
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(b) to (e) are free.
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