Wednesday, 9th September 2009 at 2:41 pm by Rander


1. Do Not Blame – the first step is to acknowledge that whatever happens in an individuals or a nations life is as a result of whatever action would have been taken by that individual or nation. Blaming does not solve any problems. One needs to take responsibility and make your problems your own. Do not wait for someone to come and solve your problems. Brainstorm and come up with solutions to Africa’s problems that do not include Handouts

2. Equip Yourself For Economic War – Education is the most lethal weapon to win the war against Economic colonization. Education gives you a skill that you can sell in exchange for remuneration. The more you know, the better you understand. It’s very important to know how money is made and managed. Financial Literacy is a must

3. Embrace Capitalism - Capitalism generally refers to an Economic System in which the means of production are all or mostly privately owned and operated for profit, and in which, investment ,distribution ,income ,production and pricing of services are determined through the operation of a market economy. This is a system that Africans should implore and habituate as this is the road to financial freedom.

4. Manufacture Products (Be a Seller, Not Just a Consumer) – the moment a nation is able to produce products and sell them, it means that there is an opportunity for income to come into that country. Consuming and importing only means there is financial outflow of cash. Money in is far better than money out. If it goes out, let it circulate within your business community.

5. Implement Spider web Doctrine - When that dollar comes into your African community, rather than going outside to spend the money to buy from other communities (importing), the Africans should spend their money buying from themselves and supporting each other’s businesses thus building the community. Charity begins at home

6. Build Wealth – create a personal means for income to be generated for generations to come (passive
Income) leave a legacy and not debt

By Wilbert Chaniwa
Founder
Nexus Business Network

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