Factors of Production as it applies to internet businesses

Whether in real life or in on-line space, production is the basis of monietization. Production of goods, services or value is what people through-out history have used to exchange with money or whatever store of value is available at that point in time. I will look at the age-long four classic factors of production and how they apply to internet businesses in this rapidly evolving world. The four factors of production are Land, Labour, Capital and entrepreneurship.

In online space, land probably refers to the Internet as a whole. And just like in real life where land includes everything that comes with it(water, natural minerals etc) so is it in Online space where the internet comes with it's resources(information-lots and lots of it, Social media etc). Land is the most important factor of all as without it all other factors cannot survive.

.........To be continued

Ukraine; To interfere or not to.

America's foreign policy is quite intriguing! Months ago, the US was bent on invading Syria at all cost, today she's playing the role of the unbiased umpire, the defender of life and the rights of people to sovereignty in the Ukrainian crisis.

War drums on the streets of twitter, exacerbated by some hormones fueled news TV channels, a pop culture's love for confrontation with Russia-it's all good for business no? Syria's lesson quickly forgotten. America's stance still isn't clear, does America support foreign intervention in the affairs of sovereign state? Or does Washington reserve the right to decide which country exactly should be messed with and which should not be?

 Scary prospect especially when you consider that Washington which makes these decisions that affect millions around the globe spends half of the time fighting it's own congress, a quarter of the time under a threat of a government shutdown and the last quarter trying to balance its budget. Intriguing!

Arsene Wenger hurts the Premier League

The gulf in class among football sides competing in the champions league have continue to increase. Exhibited last-week was a display of the increasing strength of the top teams, English teams as expected fell below the parking order as German and Spanish teams breezed into victories. This uninspiring spectacle isn't a one-off situation, over the last four to five years, it has become increasingly clear that English teams are getting weaker. Arsene Wenger is a man who has contributed a little more than enough to this gradual weakening.

Wenger's reluctance to strengthen his squad over the years have contributed in reducing the quality of opposition to Manchester United's title bids in the last few years. Even when Manchester united became weaker in the latter days of Alex Ferguson's reign, they still won the Premier League at every point. Arsene Wenger's side were reduced to mere top four contenders turning every other contender to not have a need to strengthen their squad.

Meanwhile Spanish teams and the Germans have continue to strengthen and grow their teams. The gulf in class in Europe's top level will remain until Arsene Wenger who is the oldest serving manager in the Premier League realizes that they are competing with other teams in Europe and not necessarily local rivals and so they have to strengthen their squad in comparison with the 'big teams'. Arsene Wenger it seems has only shown interest in competing with their local rival Tottheham.

#SongOfTheDay 2face Idibia ''U NO HOLY PASS''

''U NO HOLY PASS'' is from Face 2 Face a 2004 album by 2face Idibia. It became a major hit (sold up to 2 million copies), initially in Nigeria, but quickly spreading through western and southern Africa, and eventually making an impact in Europe as well. Its success owed much to lead radio track "African Queen", a guitar ballad with elements of West African folk music and hip-hop.

Download this classic and bob your head to this beautiful song.

Hook
Hey, uuh
Some people be acting like they know it all
Hey, ooh
Some people be acting like they know it all
Hey, ooh, ai
Some people be acting like they know it all
Ooh

Verse 1
See, see
See this type of thing wey we dey feel
Before you know, you don the world dey start to go small
I no go lie
We feel these things for real
Some people no believe am ma epain them, man don fall
It?s reality and you will see
That it pays nobody
To be feeling that they know it all
Try to visualize what I feel
And I bet that you will see would be a picture of a garden wall
If you try to push am down
Try to enter the town
Try to see wetin dey happen around
Na so them go dey bring you down
Before you know, you go dey for six feet under the ground
Ooh ah

Chorus
Some be acting that they know it all
But everybody knows that people rise and fall
Some rise up again just to stand up tall
And wiser and stronger
No matter how long you live
You can not learn it all
You go only do your best because you no go fit do all
So if you criticize me, come smoke small
Cos you no holy pass, my brother

U no holy pass, my sister

Verse 2
Hmm, some people when they see a wrong thing
They will start complaining
Until the complaining turn into shouting
Anytime they see a wrong thing
They continue shouting
Until the shouting turn into traditional shouting
Make them try to correct a thing
They will start to thinking
Until the thinking make the pressure to start to set in
Make them feel like outcasting
The society them live in
Because they lose them sense of belonging
But they would try to push am more
Try to open every door
When negativity doesn?t make it certain
So when them try to stop the complaining and the shouting
Them no go fit because eno be spiritual something
People take advantage of the dream
Because them realizing
Say this people lost them spirit of fighting
So them start to use them head

Use am like dustbin
All the problem of the nation
Them be dumping, in them head
Slavery will start to set in like Amistad
Oya, I know say you seen the making
And them start to do almost anything for almost nothing
Cos them same people they need some fighting
But the scavengers would bring them all
They will push them to the floor
And to collect all the people them belonging
But like a goat that has pushed to the wall
We already ready start to do the bad thing
So we a go run them down
We a go chase them outta wey town
I sabi, we go gun down them
Before them go know, them go dey for six feet under the ground

Repeat Chorus
U no holy pass, my sister

How to pass UTME

The Unified Tertiary Matriculation Examination UTME is a popular route to gaining admissions into Universities, Polytechnics and Colleges of Education in Nigeria. It is the examination that fresh secondary school leavers have to take to get admitted into the university. Secondary school leavers and anyone else without a first degree or some sort of Diploma certificate have to take the Unified Tertiary Matriculation Examination UTME. On the average, about 4 million people sit and take the exams every year.

Some students find this exam challenging. Here is step by step direction on how to pass UTME.

1           .       Have a plan. Reading plan, Time organizer, Set targeted score etc.

2           .       Follow the Plan

3           .       Do a preliminary reading of all your subjects

4           .       Solve past questions

5           .       Read your subjects notes and textbook again

6           .       Solve past questions again

How to pass UTME

 

MINI-IMPORTATION BUSINESS AS A TOOL FOR BATTLING UNEMPLOYMENT

Goods from china are relatively cheap compared to other countries. Websites like www.alibaba.com www.aliexpress.com , www.dhlgate.com  and others provide a window to the Chinese market. In fact, on Alibaba, you can choose to buy from other countries other than china as Alibaba is an International marketplace where buyers and sellers can meet.

A common market for new entrants into this business is to import electronics as they are in high demand and non perishable. These include cheap android phones, wrist-watches, tablets, laptops, phone accessories, computer accessories, etc.  Another commodity that sells fast is zip-lock bags. Whether they are from china or South-Africa, it doesn’t matter. What matters is the bargain you are able to make on purchases, reduction of shipping costs and of course local demand for whatever you are importing.

Other goods in high local demand are chocolates, biros, memory sticks, memory cards, ink cards for photocopying machines, A4 paper for printing and photocopy, footwear, baby clothes etc. All these can be gotten online at a bargain especially if you buy in bulk. Make sure to use the ESCROW payment option so as to guard against fraudulent traders.

The ESCOW payment option is one in which the online company e.g. Alibaba collects the money for each trading from the buyer and does not pay the seller until the buyer has received the goods. This helps transparency and helps you to make sure that you all goods you pay for will be delivered to you.