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Facebook’s Libra risks tough Chinese competition in Africa
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Facebook’s Libra risks tough Chinese competition in Africa

To ensure Libra’s long-term success in African markets, Facebook needs to watch out for Chinese companies – unencumbered by regulation – which are expanding aggressively on the continent. Source Source link Related posts: Cameroon: “We cannot establish a dialogue in a country at war” Nigeria […]

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Glo has helped make Ofala huge tourism spectacle – Obi of Onitsha
Celebrities - Comedy - Entertainment - Local news - Movies - Music - News -

Glo has helped make Ofala huge tourism spectacle – Obi of Onitsha

Igwenwanyi Achebe, wife of Obi of Onitsha, presents the key to a brand new tricycle, also known as keke, to one of the lucky winners of the Globacom Ofala 2019 raffle draw, Mr. Mofunanya Onochie, on Saturday at the Onitsha Ime Obi, during the Azu […]

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Nvidia is bringing ray tracing to more remastered PC classics
Technology -

Nvidia is bringing ray tracing to more remastered PC classics

According to a job listing that was spotted by DSOGaming, Nvidia’s Lightspeed Studios, which was responsible for Quake II RTX , is “cherry-picking some of the greatest titles from the past decades and bringing them into the ray tracing age, giving them state-of-the-art visuals while […]

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Why Some High Performers Are Quitting Big Companies to Work for Themselves

Entrepreneurship

Why Some High Performers Are Quitting Big Companies to Work for Themselves

Every large company says that their people are their biggest asset. Yet everywhere we look, we see talented leaders leaving big companies. One senior marketer left running a $300 million brand to trade stock options for himself. Another senior marketer turned down a chance to run a billion-dollar portfolio to be the CEO of a small startup. Yet another senior strategy executive of a multi-billion dollar public company left to re-start his personal consulting practice.

The facts back up our anecdotal observations. Per a McKinsey survey, only 7% of Fortune 500 executives believe they retain high performers. The Conference Board believes Europe and the United States will be short up to 18 million high-skill workers in coming years. Interestingly, this number is eerily similar to the 18 million independent workers (aka solopreneurs) that were identified by MBO Partners, which provides technology solutions to self-employed workers.

For Christopher’s book, Niche Down, he and co-author Heather Clancy interviewed dozens of solopreneurs. What is striking is that these folks were not poor performers being forced out who started their own solo businesses out of necessity. Quite the opposite: all were star performers who chose to reject the traditional large company career path. All had discovered a relevant niche they were uniquely excellent at, and that they had more upside working outside of the constraints of one large company. So they executed what we call a “personal IPO” to unlock that value. These individuals no longer have one owner (their boss/company) and instead have multiple owners. And their skills command a much higher valuation. As solopreneurs, these people have more autonomy, make more money, and have more leisure time.

There is a clear economic and emotional business case for leaving big companies to go solo or small.

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Toe Poke Daily: Petr Cech's hockey heroics among retired soccer stars' new sporting careers
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Greenpeace activists board Shell’s North Sea platforms

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Facebook’s Libra risks tough Chinese competition in Africa
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Facebook’s Libra risks tough Chinese competition in Africa

To ensure Libra’s long-term success in African markets, Facebook needs to watch out for Chinese companies – unencumbered by regulation – which are expanding aggressively on the continent. Source Source link Related posts: Cameroon: “We cannot establish a dialogue in a country at war” Nigeria […]