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Category Archives: Man Genius Monday #MGM

#MCM ‘Man Crush Monday’ Epidemic… By Molepane Nkopodi

MAN CRUSH mONDAY

Man Crush Monday

I have never taken part in #MCM. Why? Well…I tend to shy away from social media trends because sometimes I really feel like I am not cool enough or I really just struggle with conformity.

I moved to Jo’burg about five years ago from the rural outskirts of Limpopo Province in South Africa and adapted to the city life very fast. Here, the bae life is so strong and the circles are way too small. Within that adaption process I realised that it is so easy to get sucked into a lot of things so one has to choose wisely where they decide to stick their heads. Read the rest of this entry »

 
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Posted by on March 21, 2016 in Man Genius Monday #MGM

 

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Muyika: 20 Year old millionaire who turned down Harvard to live the Tech dream in Kenya #ManGeniusMonday

Mubarak Muyika - Bizna
Orphaned at 10, Mubarak Muyika has been doing business since his school days at Kamusinga High School in Bungoma County.

His passion for entrepreneurship saw him turn down a fully paid scholarship to the prestigious Harvard University in the US last year to follow the unbeaten path of setting up a computer business. Read the rest of this entry »

 
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Posted by on January 4, 2016 in Man Genius Monday #MGM

 

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Man Genius Monday: Steph Curry With the Shot Boy!!

This Ninja Shoots With His Eyes Closed!!

#MANGENIUSMONDAY

 
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Posted by on October 12, 2015 in Man Genius Monday #MGM

 

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Our ‘Man Genius Monday’ Floyd Mayweather Starts 5th Grade To Acquire High School Diploma… #GENIUSLEVEL

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“I got all these millions and can’t even read my checking balance. If it wasn’t for Forbes magazine I wouldn’t know what I got in the bank” Said Floyd Mayweather about his decision to go back to school.

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Posted by on September 28, 2015 in Genius Individuals, Man Genius Monday #MGM

 

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#MGM ‘Man Genius Monday’ Ludwick Marishane

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Man Genius Monday

Our Man Genius Monday today is non other than Student Entrepreneur Ludwick Marishane. With a pedi surname to go with the brilliance, Limpopo’s got more heat than Lebron James’ former team!! Did some research on him and to be honest I was overly impressed, he’s no doubt GENIUS and has done a TED talk before (See video at the end of article).

Ludwick  was born in Motetema Limpopo in the 90s. He was rated as the best student entrepreneur in the world (Global Champion of the Global Student Entrepreneurs Awards 2011). He is the founder & Chief of Headboy Industries Inc, and is his country’s youngest patent-holder after having invented DryBath. Google named him as one of the 12 brightest young minds in the world in 2011.

DryBath is the world’s first germicidal Bath-substituting skin lotion/gel. It is a proprietary blend of a biocide, bioflavonoids and moisturisers. It is easy to use and needs minimal water for use. Just apply DryBath to your skin and you’re done! You no longer need a bath! It moisturises the skin, kills germs, and leaves the user smelling fresh. To add some humor to the above, he says he did this all because he didnt wanna take a bath, now imagine what more you can do…

We think he’s amazing and salute him as he ventures into business. He’s a motivation to me and I’m damn sure you also feel the same way!!

 

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7 Financial Terms Everyone Should Know #moneymonday

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Understanding financial matters can be difficult if you don’t understand the jargon. Becoming familiar with these 7 financial terms may help make things clearer and also add to your financial literacy…..

1. Time value of money

The time value of money is the concept that money on hand today is worth more than the same amount of money in the future, because the money you have today could be invested to earn interest and increase in value.

Why is it important? Understanding that money today is worth more than the same amount in the future can help you evaluate investments that offer different potential rates of return.

2. Inflation

Inflation reflects any overall upward movement in the price of consumer goods and services and is usually associated with the loss of purchasing power over time.

Why is it important? Because inflation generally pushes the cost of goods and services higher, any estimate of how much you’ll need in the future–for example, how much you’ll need to save for retirement–should take into account the potential impact of inflation.

3. Volatility

Volatility is a measure of the rate at which the price of a security moves up and down. If the price of a security historically changes rapidly over a short period of time, its volatility is high. Conversely, if the price rarely changes, its volatility is low.

Why is it important? Understanding volatility can help you evaluate whether a particular investment is suited to your investing style and risk tolerance.

4. Net worth

Net worth is what your total holdings are worth after subtracting all of your financial obligations.

Why is it important? Your net worth may fund most of your retirement years. So the faster and higher your net worth grows, the more it may help you in retirement. For retirees, a typical goal is to preserve net worth to last through the retirement years.

5. Risk/return trade-off

This concept holds that you must be willing to accept greater risk in order to achieve a higher potential return.

Why is it important? When considering your investments, the goal is to get the greatest return for the level of risk you’re willing to take, or to minimize the risk involved in trying for a given return. All investing involves risk, including the loss of principal, and there can be no assurance that any investing strategy will be successful.

6. Compound Interest

Interest calculated on the initial principal and also on the accumulated interest of previous periods of a deposit or loan. Compound interest can be thought of as “interest on interest,” and will make a deposit or loan grow at a faster rate than simple interest, which is interest calculated only on the principal amount. The rate at which compound interest accrues depends on the frequency of compounding; the higher the number of compounding periods, the greater the compound interest.

7. Currency

A generally accepted form of money, including coins and paper notes, which is issued by a government and circulated within an economy. Used as a medium of exchange for goods and services, currency is the basis for trade. Generally speaking, each country has its own currency. For example, South Africa’s official currency is ZAR(the Rand), USA’s official currency is the Dollar, and Japan’s official currency is the yen. Investors often trade currency on the foreign exchange market, which is one of the most heavily traded markets in the world.

 
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Posted by on August 10, 2015 in Man Genius Monday #MGM, Money Mondays

 

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From Humble Beginnings To Billionaire Trash Collector: The Rags To Riches Story of Harry Wayne Huizenga

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By on April 17, 2015

Entrepreneur Harry Wayne Huizenga has lived the American dream. He helped found three Fortune 500 companies, has owned three professional sports franchises, and has been responsible for six companies trading on the New York Stock Exchange. He dominated the waste management industry and then he made renting VHS tapes and buying cars easy. He is, by every definition, a success. However, he was not born with a silver spoon in his mouth. He did not come from a family entrenched in the business world, but he became a billionaire with his uncanny ability to pick an industry that is ripe for consolidation. He then dominated those industries so quickly, his competitors were left out in the cold wondering what happened. His is a true rags to riches story. Read the rest of this entry »
 

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