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By Peter Osalor
WHO IS AN ENTREPRENEUR?
There are many differing views on what makes someone an entrepreneur and what an entrepreneurial venture is. The term itself is believed to have originated from French, coined by a French economist, Jean-Baptiste Say, in about 1800, who defined an entrepreneur as ?one who undertakes an enterprise , especially a contractor, acting as intermediary between capital and labour?. But it was first defined in English by the Irish economist Richard Cantillon, as? a term applied to the type of personality who is willing to take upon herself or himself a new venture or enterprise and accepts full responsibility for the outcome?. The definition of entrepreneur is not limited, as various writers and world renowned entrepreneurs have given it various meanings.
For instance, one of the great motivational speakers and writers of our time Robert Kiyosaki, in his book ?Retire Young, Retire Rich? defined an entrepreneur as ?someone that sees an opportunity, puts together a team, and builds a business that profit from the opportunity?. As you can already see, the word entrepreneur is inexhaustible. According to the Merriam-Webster online an entrepreneur is ?one who organizes, manages, and assumes the risks of a business or enterprise?. A more detailed definition given by Daile Tucker, an entrepreneur herself, who in her own words describes an entrepreneur as ?a person who has decided to take control of his future and become self employed whether by creating his own unique business or working as a member of a team?.
Something that keeps coming up about entrepreneurs is their ability to see opportunities and make the most of it, not minding the risks they will undertake. Entrepreneurs are generally in competition with themselves and believe that success or failure lies within their personal control or influence. So it is very important for you, when starting a business, to be sure that you can identify opportunities, make the most of them and have the wherewithal to thrive even in the midst of risks and unforeseen circumstances and that is why carrying out a self analysis cannot be over emphasized.
Entrepreneurs are leaders, prime movers, authors, pacesetters, investors and risk bearers. They are usually pioneers who strategize and formulate the rules for the general interest of the enterprise for others to follow. An entrepreneur conceives an idea and brings it to life through systematic and well-articulated planning, driven by the passion and the need to achieve uncommon things. An entrepreneur not only assumes responsibility and the risk for a business operation with the expectation of making a profit, the entrepreneur also generally decides on the product, acquires the facilities, and brings together the labour force, the capital and production materials. Simply put entrepreneurs are people who choose to see positivity where negativity abounds. Bear it in mind, however, that if a business succeeds, the entrepreneur reaps the reward of profits; on the other hand, if it fails, he or she takes the loss.
Successful entrepreneurs are not perfect people but are brilliant, productive, and articulate; it takes both the heart and the head to successfully run an entrepreneurship. Also note that an entrepreneur is an inspirer, a motivator, a coach, a great listener, attentive, consistent and enthusiastic.
Ibadan ? The 2-1 victory of the Super Eagles over host Ethiopia in Addis Ababa in the 2014 World Cup qualifiers has continued to attract commendations from football analysts across the country.
Segun Odegbami, former Green Eagles winger, told the News Agency of Nigeria (NAN) that the Super Eagles were fantastic in their away victory against the host team.
?It was a fantastic display of soccer by Coach Stephen Keshi-led national team. They played up to my expectation,? he said.
Super Eagles striker, Emmanuel Emenike, scored twice in the second half of the game to obliterate an earlier lead by the Ethiopians, putting Nigeria on the qualification lane.
Odegbami said that with the victory, the Eagles would no longer be under pressure during the return leg coming up in Calabar in two weeks time.
? Surely, Nigeria is unstoppable in the qualification struggle for the Brazil 2014 World Cup tournament,? he said.
Taiwo Ogunjobi, another former Green Eagles player, told NAN on phone that the victory over their opponents showed they were more tactical than the Ethiopians.
?With the way and manner the Eagles came back from one goal down to winning the match, there is an indication that they played better and were more tactical than their opponents,? he said.
Ogunjobi said that the Super Eagles were on the way to Brazil 2014 the moment Emenike scored the winning goal through a spot kick.
He expressed the belief that the Ethiopians would get more than they bargained for in the return leg in Calabar.
Ademola Adesina, also a former Green Eagles player, told NAN that the Super Eagles showed that they were the African champions in the away win against Ethiopians.
??The reaction of the Eagles to the first goal scored by the Ethiopians showed that they are the real champions of the continent,?? he said.
The Chief Coach of Prime FC of Osogbo said nothing would stop the Super Eagles from qualifying for the World Cup in Brazil.
NAN reports that the two-legged Nigeria/Ethiopia 2014 World Cup qualification would be rounded up with a return leg scheduled for Calabar. (NAN)
By Simon Ebegbulem, Benin-City
?I don?t know if the Federal Government is broke, but I know there is a serious financial crisis and it is unprecedented in the history of this country. That, for the first time since 1999, allocations can no longer come as and when due to states is shocking.?
With these words, Governor Adams Oshiomhole of Edo State painted a gloomy picture of the nation?s financial situation.
He added: ?I have been involved in trying to understand what the reasons are and I have not seen anything yet. Two years ago, it was about the kind of money we were spending on subsidy. In no time, following series of probes and enquiries by the National Assembly and by the Presidency, they have since discovered the kind of money they stole as regards subsidy, all the people that conspired with them and I believe the EFCC is dealing with that. But just as we are dealing with that, now we begin to hear about the theft of our crude oil such that what is accruing to the Federation Account is not enough to meet budgetary provision.?
Oshiomhole spoke in an interview just as the Federation Account Allocation Committee (FAAN), on Friday, reconvened to share a total statutory revenue of N1.196 trillion among the three tiers of government for August and September.
The money in the account has been a contentious issue between the federal and state governments for several weeks, with the state governments unable to get their share in full. See Oshiomhole?s full interview here
WASHINGTON ? Malala Yousafzai, the Pakistani schoolgirl activist who has become a world champion of girls? rights, called Friday for the World Bank to make education its top priority.
Seated on a stage with World Bank President Jim Yong Kim in a one-on-one presentation in Washington, the 16-year-old delivered a poised, articulate and impassioned plea for children?s education.
Asked by Kim for her advice to the World Bank, Malala noted that organizations spend much of their money on health, AIDS and other programs.
?But I think all those organizations must make education their top priority,? she said.
Such a focus would fight child labor, child trafficking, poverty and AIDS, all at once, she argued.
Kim, who has called her ?a powerful symbol of hope?, announced the World Bank was donating $200,000 to the Malala Fund, a foundation she launched to help girls around the world go to school and promote universal access to education.
Malala said she decided to create the fund because she needed to do ?work on the ground,? in addition to speaking out about the issues.
She also is promoting her memoir, out this month ? ?I Am Malala: The Girl Who Stood Up for Education and Was Shot by the Taliban.?
Malala was shot in the head by the Pakistani Taliban on October 9, 2012, for speaking out against their ideology.
She recalled to a packed audience at the World Bank that her father campaigned for women?s rights in a Pakistani society that favors sons. She realized when she was about 13 and 14 that the Taliban might attack her father for his support of women and started to prepare for an attack against herself.
?If a Talib comes, he has a gun and he?s going to shoot me, I will tell him, then shoot me, but listen to me first. Listen to my voice? And I will tell him that I want even education for their sons and daughters. I?m not speaking against them. I?m not against any person. I am against their ideology? why are they against education??
The remarkable journey of the young girl from Pakistan, now feted worldwide and walking in the halls of power, has drawn the ire of the Taliban.
Speculation mounted recently that she would be awarded the Nobel Peace Prize. But instead, it went to the Organization for the Prohibition of Chemical Weapons on Friday.
The Tehreek-e-Taliban Pakistan proclaimed they were ?delighted? that she missed out on the prize. On Thursday, the TTP had threatened to kill her ?even in America or the UK? after she won the European Union?s prestigious Sakharov human rights prize.
Malala, who used to want to become a doctor, now says her goal is to be a politician to effect change.
?I believe that today?s dreams become tomorrow?s realities.?
Also Friday, Malala met with President Barack Obama at the White House, following which the first family hailed her for ?inspiring and passionate? work on behalf of girls in Pakistan.
Malala took the opportunity to express her concerns about US drone attacks, telling Obama they were ?fueling terrorism.?
Washington has used drone strikes to target Islamist militants in Pakistan?s semi-autonomous northwestern tribal belt, saying Taliban and Al-Qaeda operatives pose a threat to Afghanistan and the West.
?Innocent victims are killed in these acts, and they lead to resentment among the Pakistani people,? Malala said in a statement.
?If we refocus efforts on education it will make a big impact.?(AFP)
Lagos ? The World Football Governing Body, FIFA, has named GoalControl GmbH, a Germany-based company, the official Goal-line Technology (GLT) provider for the 2014 World Cup in Brazil.
A statement by FIFA on Friday said that the decision was taken following the successful implementation of GLT at the FIFA Confederations Cup in Brazil.
It said the company performed well during the FIFA Confederations Cup in April.
?Today?s announcement follows an evaluation process in which the relevant departments within FIFA examined the use of GoalControl-4D during the FIFA Confederations Cup.
?While there were no goal-line incidents in which the technology was required to determine whether a goal had been scored, the system met all necessary FIFA requirements.
?It indicated every one of the 68 goals correctly. Importantly, there was also a high-level of satisfaction reported by match officials,? the statement said.
It also disclosed that the GLT would be used at the FIFA Club World Cup slated for Dec. 11 to Dec. 21 in Morocco.
?The use of GoalControl-4D in Morocco and Brazil will be subject to a final installation test at each stadium.
It said that prior to every game, the match officials would also carry out their own tests, in-line with the operational procedures approved by the International Football Association Board (IFAB).
According to the statement, FIFA will now liaise with GoalControl GmbH to define the timeline for installation leading up to each event.
The GoalControl-4D system uses 14 high-speed cameras around the pitch.
It confirms whether a goal has been scored automatically within one second by a vibration and visual signal on each match official?s watch. (NAN)
Abidjan ? The Ghanaian government says it will invest about 20 billion dollars to develop new oil discoveries in the next five years.
Ghana?s online newspaper, the Daily Graphics, quoted Emmanuel Kofi-Buah, the Energy Minister, as saying while speaking at the inauguration of a Ghanaian oil and gas publication, `The Oil and Gas Year?.
Kofi-Buah said that the government?s intention for such level of investment was to boost oil and gas production as well as the economy.
He said that the construction of a gas processing plant at Atuabo in the western region had been scheduled to be completed in 2014.
?The completion of the plant is expected to make enormous contribution to the country?s energy capacity.
?Government expects Ghanaians to support the efforts of government to put the economy on a viable position in the interest of the citizenry.??
The minister said the John Mahama-led government remained committed towards developing the petroleum sector in order to boost the financial fortunes of the country.
Ghana?s Jubilee Oilfield containing about three billion barrels of sweet crude oil was discovered in 2007, among many other oilfields in the country?s southern region.
Tullow Oil Plc projection shows that Ghana currently produces about 110,000 barrels of oil daily.(NAN)
ONE of the most urgent bills before the National Assembly is one seeking amendments to the 2004 Passport Act. It has gone through the second reading at the House of Representatives and it is a matter of time for the amendments to become law.
What would the law contribute to the well-being of Nigerians? The importance of the law is its establishment of privileges it confers on certain classes of Nigerians. The law is to clearly determine, its proposers say, those who should be entitled to bear diplomatic, and official passports.
How important is this? Members of the National Assembly in executing their oversight functions, engage in extensive travels abroad. They want to change Nigeria to resemble their choice travel destinations. They have largely failed in the past 14 years to reflect lessons from their travels in the Nigeria they build.
Another major reason for their travels is leisure, which is found in parts so far flung that diplomatic passports ease their passages. Similarly, when they venture abroad for medical attention, their status and importance must be flaunted at every stop.
Diplomatic, and official passports are therefore important. They are status symbols, they cannot be allowed to stray into too many hands, otherwise, they become ordinary and reduce the status of their users.
Formerly, the executive arm of government issued the documents at its discretion. There are fears that some people, including some members of the National Assembly, may be excluded from the privilege, unless the law clearly confirms their status. Moreover, the
House of Representatives has started deciding those who would not get the passports.
The Comptroller Generals of the Fire Service and the Nigeria Security and Civil Defence Corps, NSCDC, were removed from the list the House Committee on Interior compiled.
Our concerns are with the importance the National Assembly attaches to laws that extend the privileges of its members while neglecting the issues that result in the poverty that is ravaging the land.
How many laws has it made to facilitate policies that would minimise poverty? How do privileges like these benefit millions of Nigerians who in their lifetime would never need passports, not to mention diplomatic, and official ones?
When the National Assembly moves for its benefit, the urgency is obvious. The rapidity of delivery assumes a national importance disproportionate to the issue. Even at the apogee of abuses visited on similar official privileges, less than half a million Nigerians would have the diplomatic, and official passports at any given time.
The National Assembly can have its passports. It should, however, attend to the worries of most Nigerians ? education, employment, food, health, infrastructure, justice, security. Nobody requires diplomatic passports to fix Nigeria.