Eddy Thiong'o, a corporate strategy and tax expert explains capitalism secrets that keep majority of the population poor and how to escape the rut. / dr_kingori / kingoridr
This guy should be made a permanent and continuous topic in form one to university. I have never come across such an insightful content in recent kenya. Explanation of business and economics that a 10 year old can understand. Bring this guy again kingori🤯
Price is not value.Value is what you can get from an asset the price is just simply what the buyer think they can get from you and in Kenya SPECULATORS MARGIN is the huge part of the price of land. Whether land price change the size of the house you can build on it , produce you can cultivate on it is same, The value.
He is okay but he fails big time when tries to teach different from what the bible says.( 35:30 ) He should understand that the same bible says "money answereth all". He should go read the bible and understand the context on which Jesus Christ gave the example of the level of ease the camel compared to the rich man can get to heaven.
This is a masterpiece for entrepreneurship; In today's economy, people are very sensitive to brand promises, price, and value. This means people want to know that you are caring more about them than what you are selling them.
Too much vague talk about raising capital but nothing about running a business profitability. Listen carefully and you are will realise that this guest is saying NOTHING!
This man must have read many books, the source of his knowledge is something he knows most of his audience don't know. 36:30 question on the system from where people get capital. The schools system doesn't teach people enterpreneurship and if they do, it is taught by employees.it also doesnt teacho about money as eddy puts it. Capitalists learn through their fellow capitalists, the game of risk and gaining.
Next time asks this genius boss about the deteriorating and collapse of smes business due to unhealthy competition, like a scenario where you start the problem solving idea and everyone else comes in to set the same businesses after witnessing the success of the idea, how can one change to cope with the unnecessary competition to remain in flow.
It's not about competition,it's about a customer getting the value for their money,(customer satisfaction),2.cash flows,being able to manage expenses and sustainability in the long term
Man if this guy was my economics lec ningekua ule msee saa hii, this knowledge he oozes is worth sharing thank you Doctor kingori.kindly bring him back again!
I have differential geometry exam in the next 2hrs, I don't know how I ended up watching this episode but I don't regret the 40mins I spent here, what I learnt has more value than my grade
Wow..very informative and entertaining..am begining to connect the dots on success..Dr kingori you should bring more guests to discuss matters entrepreneurship..it's an eye opener of a show...thankyou
Even in other countries e.g USA and UAE people define success with the kind of cars and houses people have. Check how the Arabs brag about the cars they buy, the sellers of make money online courses also talk about how they buy nice cars.
Well, this guy is good, though the truth is assets are better than cash, hapo kwa kuwa na cash vs assets ni uongo boss! People like Elon Musk, Bill Gates and so forth wealth are measured by the assets they have, remember...
This guy is very smart and he really gets it. He’s speaking of how the West is run and the problems capitalism created in the West. Africa has a rare opportunity to change its economic landscape and run the world economy for thousands of years. The question is, do we have courageous leaders who will do it?
The West don’t have the best system, but they have some of the best creative ideas for business. Africa has the talent, the smarts and the population to dominate the global economy. But, does the leaders have the courage?
This true the Bible verse is mislead by people- I understand that the Love of money is the root of all evil. Not money. Money is good . The more people get that I their heads the best. Money and I are one have a passion and love doing it then money will come .. I love your advise Thiongo .👍🏾
