Sahil Bloom Warren Buffett is a treasure trove of wisdom. But contrary to what you have been told, most of it has nothing to do with investing. #1 - Wait For A Juicy Pitch “You don't have to swing at everything - you can wait for your pitch." Life doesn’t reward you for the number of swings you take. Focus on identifying the juiciest pitch. When it comes, swing hard and don’t miss it. #2 - Just Stop Digging “The most important thing to do if you find yourself in a hole is to stop digging." When things aren’t working,…

The co-founder and chief executive of Nigerian fintech Flux says dropping out of college helped to pave the way for the launch of a new crypto payments company, one that has since been backed by renowned start-up accelerator Y-Combinator. Ben Eluan started Flux with Osezele Orukpe, Akintunde Israel and Ayomide Lasaki in 2019. They'd met as freshman students studying different engineering and computer science courses at Nigeria's Obafemi Awolowo University, bonding over their shared interest in software programming. Many of OAU's alumni go into jobs for big technology companies in Africa, or have even launched their own start-ups, Eluan told…

Not all customers are the right fit for your company, and that's okay. More than one pioneering giant of retail has sworn by the motto, "The customer is always right." While this saying was invented by Harry Gordon Selfridge in 1909 and has been a go-to policy for floor managers and complaining buyers alike, has it always been correct, especially in the business-to-business (B2B) environment? I say no. As a policy, it does appear to make solid business sense. Customers pay their invoices to help you keep the lights on and pay your employees, provide referrals to bring in new…

Nigeria has increased the capital requirement for pension managers in an attempt to steer the biggest sector of its fund management industry to target untapped opportunities in the much larger, informal sector of small business. Three pension managers are in talks to merge to meet the new capital requirement of 5 billion naira ($13.14 million) by next year, two pension executives with knowledge of the matter told Reuters. Pension funds currently operate with 1 billion naira capital. Fund managers include Stanbic IBTC Pension Managers, a unit of Stanbic IBTC Holdings, Sigma Pensions, which sold a majority stake to private equity…