Exporting Small Businesses

Census data from 2016 revealed that of the nearly 6 million businesses employing Americans in the U.S., 99.7 percent were small to medium enterprises (SMEs).  Many economies think that there is a secret to the U.S. success story–and granted, without the boost of American Chattel slavery the nation likely could not have advanced at such…

The Korean Quotient: Hedging Bets in Asia

With just 22 percent of its topography composed of arable land, South Korea is a nation of hills and mountains. Island nations and nations with little arable land must often balance between domestic production and international imports to feed its citizens and maintain prudent import/export levels. While rice is the Republic of South Korea’s (ROK)…

The Asian Dream: Vietnam’s Rise From Ruin

It is hard to believe that just 45 years ago, Vietnam was reeling from a long bitter war with U. S., the most powerful nation on the planet at that time.  In March of 1973, the last US troops withdrew from Vietnam and former U.S. president, Richard M. Nixon is reported declaring, “the day we…

The West and the Rest: Growth and A Green-Eyed Monster

“The West vs. The Rest,” a term coined from the ideology of famed political science professor Samuel Huntington, seems to be a growing phenomenon in the world today. In Huntington’s book, the Clash of Civilization, he appeared to be more narrowly focused on the rise of the Mideast, rather than the growing dichotomy that has…

Here’s Why Today’s Hard Work Will Not Make You Rich

Perhaps one of the biggest myths is that hard work equals success. This is a concept strongly held in Western tradition, despite its historic and present day inaccuracies. The hidden assumption behind the hard work trope is that the “worker” will be able to enjoy the production value behind his/her own hard work. This is…

The Pivot: New Beginnings, New Directions

While in Nigeria I read a book on execution—the concept of getting things done. It reminded me of another business book that I read about how companies restructured and reinvented themselves. I found both to be very compelling, most especially because they showed how good companies got better, bad companies improved and some companies innovated…

Make The Deal: A Case Study on Decision-Making

Making a good deal requires understanding what you will gain and what you must lose. Deal-making is almost as old as time. Part of what makes some people better deal-makers than others, is their ability to evaluate a deal beyond their emotions. Emotions are essential in making a deal; often emotions can signal red flags…

From Naija with Love: A Book Review

During my time in Lagos, Nigeria I had a chance to read a biography that gave me a window into colonial life in Nigeria. The book, A Train Ride to Zaria by Bankole Ososanwo was set in Lagos and it helped me to understand the history of the state as well as the names of…

This is Nigeria

Recently, I was in the seaside state of Lagos, arguably one of Africa’s Largest Metropolis and Nigeria’s most successful state. As one of the smallest states in the nation, Lagos has distinguished itself as Nigeria’s most industrialized and developed state. While there, I had the opportunity to experience various cities such as Lekki, Ikeja, Ikoyi,…

Slow Death of Fiat Currency Fuels New Gold Rush

It was recently reported that Russia had heavily divested from American debt, with holdings falling by half in April 2018 according to data released by U.S. Treasury Department. The former Cold War Super Power is following suit with China and buying Gold. Readers will also note that China too has heavily divested from American debt…