I believe it was in 2004, I was in 3rd grade, when pastor T.D Jakes was giving a talk to women. I happened to hear the recording, and a part of his talk was about financial stability. The quote I liked the most from his talk was when he said money funds the vision, but it shouldnt be the mission. Simply meaning money will be required to fund some of your visions or dreams, but making money shouldnt be your sole purpose. Then Barack Obama came and said dedicating your entire life towards making a buck shows poverty of ambition. Today I was with my legal team for about three hours, looking at various aspects, and you know at this moment I can liquify and follow some few procedures, secure a passive residual income for myself and retire in about 3 years from now. Its unethical, but completely legal. Over 500 people would lose their jobs. Relax I wont do that, just wanted to make it clear that Im not going through with it for monetary terms only. To be completely honest with you, Im not even interested in business. Im still trying to find CEOs wholl run my various operations, as Im about to do the split. Im taking 100% ownership of the medical science division of my company, and I want it to function independently, that means Ill be operating multiple companies now. Theyve hired the best engineers and scientists that I can work with, unfortunately most of my scientist are very old, some are about to retire in three years, but I need their knowledge and experience. Ive worked with two of them when I was introduced to cancer research program, and they were nominees for nobel prize. I hope well find more scientists that we can hire who specialize in this area, the more smart people we can find, the faster well develop the cure. Some of you might think taking 100% ownership of the division thatll be developing cure for cancer is greedy, not really, its generosity. Investing your money in such a division is a risky business because cure for cancer might be found by future generations, and you wont see a dime from your investment till the cure is developed. Technically I flipped my share for something that wont be profitable. One of the gentleman said if we do find cure, Ill be an instant billionaire since I own 100% of the division, well maybe thats true, but I never viewed it that way. No really I never thought of that when I made that decision. Ive got people that I really care about who died due to various terminal illnesses, and when I was offered an opportunity to write for the license to do this, I jumped out for it. But I needed funding for it, since setting up the plant only is about R100 million . So I had to set up profitable divisions in the company thatll raise capital for medical science division, and finally I found out I can set it up independently since I raised sufficient capital to do that and still retain over 50% share of my other operations. The other thing that you must also remember, and you can check on paper, is that all my employees salaries are at least 25% above the current market value. I was given a generous donation for my work, and I used it to boost my engineers salaries, so that none of my engineers will be earning less than 50k per month. Thats because I told some people last year that Ill be earning over 50k in my 20s, and some of my engineers are around their 40s, so I thought itll be fair to give them a boost. My scientists earn way more than that. So lets do a recap. I provide jobs in this bad economy. I offer generous salaries. I risk going bankrupt over development of cure for cancer and other terminal illnesses. And I dont think being young its a disadvantage, in fact I view it as an advantage. Besides government institutes, and we all know that theyre the slowest to develop cures, Im one of the very few who risk going bankrupt over tackling major problems.I wont lie to you, Im afraid of going bankrupt, I hope I never experience that. But being young helps me to take major risks with ease, since Ive got no one else whos reliant on me financially except myself. I really believe everything Im doing is right, beneficial to the majority, and has no sense of greed in it. And I might seem young, but I believe the younger I start the better, Im giving myself enough time to make mistakes. Thats just my view. (I really feel like Im too old though, its just that my age refuses to grow with me, Im working on how to forge it. Im just kidding on that one.)
Posted on: Mon, 11 Aug 2014 19:54:59 +0000
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