It is Cool to Start Big but Never Despise Humble Beginning

 


On Thursday, October 15, 2020, at about 12:42 pm, on the Techpoint Startup Alumni Whatsapp group, someone shares a piece of information supposed to be a rumour that is later confirmed to be true. Paystack, one of the leading online payment platforms (Fintech Company) was acquired by Stripe another global player in the online payment industry precisely and an America company for the sum of $200 million.

 

In minutes thereafter one of the group members supplies the naira equivalent to be N9 billion.

Oh no! You got it wrong, another member interrupted,

It should be N90 billion.

Could that be through, I quickly did a rough calculation without a calculator.

That’s true.

That is a good return for a 5 years effort of over $11.7 million investment.

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Why am I sharing this? It is to ask you again

What are you building?

Those guys have been in the game for quite some time. They are good at what they lay their hands on, and they keep building it to last that won them several awards. They worked as an IT expert in several companies including the financial industry.

They started from a humble beginning but they’ve learned how to play it big before starting Paystack. Years of experience while working are what gave them the initiative, knowledge, confidence, and connection to start big.

Have a dream, set goals backup with plans, set your eyes on the dream but to achieve it you have to start where you are, with what you have and start now.

The conversations on the Techpoint Startup Alumni group continue on the topic;


One of the members narrated how he missed investing in the company when he was fortunate to meet the two founders pitching about the company (paystack). That is one way you can get rich if you can take the risk. I mean investing in startup.

Who says you can't be rich as an employer?

In the name of being your boss, you’ve been in the hustling for 5, 10, 20 years and you have nothing to show for it and you think you are better than that guy with 8 to 6 job?

If working in a reputable company, they are better than you with an orientation about entrepreneurship because they will have what it takes to start and run a bigger and global company, and don’t forget connection matters.

Many so-called entrepreneurs cannot raise N1 million investments while those guys you think have no future can raise N100 million investments if they have good social capital while working.

Nevertheless, whichever path you choose to follow for fortunate to find yourself, a good understanding of the Robert Kiyosaki Cashflow Quadrant will be a perfect guide.

You can be an employer while you are investing in stocks, real estate, and startup with the eyes on becoming a big business owner.

Or a self-employed reinvesting your income in your business to migrate to big business.

Whichever path you choose, it is all about;

What are you building?

By the way, are you aware of the Healthplus saga before the Paystack good news?

It is part of the game, the higher the risk, the higher and the returns.

Also, take that into consideration

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