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Showing posts with the label Business

How Can I Stop Being Mediocre ?

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We know we deserve better and that’s why we strive for better. We don’t always necessarily get to our satisfied place mentally, we fallout, fall back, and give up and embrace mediocrity. Growing up my dad would tell me stories of the first member of our family to make it big. King Kaku Ackah. A nation builder and leader in the 17 and 18 century. He fought long against the Portuguese, Dutch only loosing to the deception of the English. His family scattered and struggled to find the past glory and nation building skills again. When I was in middle class foster care I was surrounded with comfort luxury and a seemingly easy life. Tryouts for the regional juvenile team in serie A at 9 was quite an achievement. My dads incapacity to reconcile with his failure and submission to Christianity made him jealous .The task to be great had stumbled on me and so he did what every narcissist does best: he destroyed everything; himself, me, and his family. What has all this got to do with mediocrity. S...

What Is Broke Shaming ?

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In 2021 I went to dinner with a mixed couple. We chose a Caribbean restaurant in Brixton, South East London. During one of the conversations I had to describe where we lived. In Gravesend. We described Gravesend as “white trash”. I noticed the expression on their face, it looked like they just swallowed turtle poop or something similar. I have had numerous occasions where I have described something I’ve done or experienced and people have had the turtle poop reaction. But why? I grew up with white Italian middle class foster parents. I went skiing in the winter and beach in the summer. We had a German shepherd as guard dog in a colonial 3 floor house with a basketball court. I’m saying this to make the point, that I’ve seen what middle class looks and feels like. The other side of the coin was that we’d go camping, do charity at the local Catholic Church where my foster parents were personally involved, we recited 50 Ave Maria’s every May for a week, and I remember we housed a family o...

How Can I Do Great Work?

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  Great Work Usually entails spending what would seem to most  people an unreasonable amount of time on a problem. You can't think of this time as a cost, or it will seem too high. You have to find the work sufficiently engaging as it's happening. There may be some jobs where you have to work diligently for years at things you hate before you get to the good part, but this is not how great work happens. Great work happens by focusing consistently on something you're genuinely interested in. When you pause to take stock, you're surprised  how far you've come. The reason we're surprised is that we underestimate the cumulative effect of work. Writing a page a day doesn't sound like much, but if you do it every day you'll write a book a year. That's the key: consistency. People who do great things don't get a lot done everyday. They get something done, rather than nothing. Subscribe to our newsletter Author Campbell Kitts

What is a Recession

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What is a recession?  This happens when there is a significant decline in the economy which usually lasts for a short period of time. You can tell there is one when consumers don't spend that much, a lot of people are unemployed, companies have to make job cuts, industrial production is down and lately, there is a housing crisis as people have to foreclose their homes.  The technical indicator which tells you that the country is in a recession is when there has been 2 consecutive quarters of negative growth which is measured by the country's GDP or gross domestic product.  Experts say that this is bound to happen because it is part of the business cycle and things usually improve within 16 to 18 months. What is a business cycle? It is considered to be a periodic but irregular up and down movement in a country's economic activity which can be measured by fluctuations in the GDP as well as other macroeconomic variables.  Things are going up when the economy recovers an...

What Are The Benefits Of A Recession

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 Benefits of a Recession Would you believe that there are benefits to a recession? Yes there are and by knowing what they are, you can take advantage of them.  First, when the economy is in recession, you will soon get a fat check from the Internal Revenue Service or HMRC amounting to £300 or £1,200. Why does the government issue it? This is the government's way to help the economy. If you have not received yours yet, you will probably get it next year.  As a result of the recession, majority of the bonds and stocks are undervalued. This means you can buy these at reasonable prices. Just make sure you do some research first because you only want to buy those that have a good return when the economy recovers. You should also look into buying some property given that their value is also low.  Since you are a consumer, you will also get tax breaks. What happens here is that you don't have to pay that much income tax this year as a direct result of a deduction for privat...

A Recession Is a Fact of Life

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 A Recession Is a Fact of Life Believe it or not, a recession is a fact of life. Why? Because it is part of the business cycle and this is bound to happen when the economy expands, slows down until it hits rocks bottom and then recover once again.  The only difference between a recession and the four seasons we experience in a year is that this problem does not happen often. It may take years before this happens again and in our country's history, the last time we had a recession in 2000.  When it does happen, experts won't admit that it is there even if everyone around knows that it is. How? By looking at various factors which include consumer spending, the unemployment rate, industrial production, real income and wholesale trade.  One solution to help stimulate the economy is to lower the interest rate. But since this is not enough to make the problem go away, we have to our share until this is over. Companies have to make job cuts but the bad news is that you put ...