No wonder I don't see Raymond Ackerman' s great grand children displaying their lifestyle, No wonder I've seen Nick Oppenheimer's sons displaying expensive cars as Andile, Shaun, and Nyovest make us know. I haven't seen Motsepe's kids. Slikour has about 3 taxis and runs his Slikour Online but dress simple like Mark Zuckerberg. These people respect their 1 cent.
@@shonisanisteven6015 okay. That explains it. They are new money because they display. The Ackermans, the Mamponyas, the Motsepes, the Oppenheimers , and Slikours are old money.
Because an ideal CEO will bring you connections, deals and knowledge that's going to make that company money and keep them running It's all about the value you have, most CEOs know how to make money without the job so you have to make it worth their time to work for you
Exactly 💯. He is so articulate especially with the example of a 10 room property because in order to teach our people well, one must use simple everyday examples
Revenue always look sexy...net profit is what matters at the end💯 and again is hard to make a business profitable even Uber and Lyft are struggling but most people don't know that..."ignorance"😲
They harp on Revenue to tell to sell to the normal person to buy shares. Tesla only recently starting making profit but the stock price kept going up(understandablely as electric cars are the future)
Even at a personal level, I've realized that debt is neccessary to build wealth or atleast increase net worth. Using other people's money, in this case the banks money in the form of home loans, personal loans and even credit cards can make you rich!
Credits cards 💳 are like playing soccer ⚽️ with your side at the bottom of the hill with no goalkeeper; and the bank at the playing from the the top of the hill with no goal posts for you to score. In this scenario: gravity = interest charges and bank fees. That 💳 “wealth” building strategy @Sbo Nzama will seem to do well until it doesn’t-when the stakes are so highly and you’re up to your eyeballs in debt. Penuel himself knows what it feels like to owe so much money. Ask him, he’ll tell you the kak he was in.
I've always used net worth's to Guage the success of these celebrities and business leaders. Here's my dumb ass thinking the richlists included the liabilities as well as the income. Happy to learn something new, that the people might be in huge debt and even more broke that my ass😜
On point...It's unfortunate how the world is financially illiterate, this includes entrepreneurs as well.
This video aged like fine wine. Especially regarding Kanye West. Shout out to you Black Pen for always taking the time to break these things down.
My main man. We need more local guys like you. 👍
We need less people like you Dube. You are addicted to electing ppl to power. You yourself are doing nothing.
Beautiful rendition🎉
Well constructed point of view brother
very for the knowledge, that's an important piece right there
Just discovered your show. today you have opened my mind
No wonder I don't see Raymond Ackerman' s great grand children displaying their lifestyle, No wonder I've seen Nick Oppenheimer's sons displaying expensive cars as Andile, Shaun, and Nyovest make us know. I haven't seen Motsepe's kids. Slikour has about 3 taxis and runs his Slikour Online but dress simple like Mark Zuckerberg. These people respect their 1 cent.
Remember Andile mother money is from Abused tenderpreneurs systems it is not hard work earned money
@@shonisanisteven6015 okay. That explains it. They are new money because they display. The Ackermans, the Mamponyas, the Motsepes, the Oppenheimers , and Slikours are old money.
You always clear issues that we really don't understand. Thanks man.
That's is why they say the world is built on credit. Use your credit wisely.
Very informative. Thank you my leader
cashflow is king...100% agree
turnover is vanity profit is sanity cash is king
So why do these companies pay their CEOs so much?
Because an ideal CEO will bring you connections, deals and knowledge that's going to make that company money and keep them running
It's all about the value you have, most CEOs know how to make money without the job so you have to make it worth their time to work for you
Thanks for sharing
Enkosi bhuti, such an eye opener and ziyafundisa ezi video zakho. Ungadinwa kwerin.
This is why my dad always says that business is a debt😅😂
Well said, and you are so articulate, knowledgeable and informative. Thank you so much, we appreciate it 🙏
Exactly 💯. He is so articulate especially with the example of a 10 room property because in order to teach our people well, one must use simple everyday examples
Wow i wasn't aware people from outside they see business on the glamorous side they hardly see the other side
This is so true bro and I'm glad to have met you imagine you r saying something tht occurred to one of the businesses you lastly visited
Thanks alot sir for the great infomation peace,
Revenue always look sexy...net profit is what matters at the end💯
and again is hard to make a business profitable even Uber and Lyft are struggling but most people don't know that..."ignorance"😲
They harp on Revenue to tell to sell to the normal person to buy shares. Tesla only recently starting making profit but the stock price kept going up(understandablely as electric cars are the future)
Sadness is people in entrepreneurship who can’t tell the difference between revenue & profit. They literally exist. Sad to see mntakabawo!
Very informative.🔥
Learnt so much in 13 minutes 🤞
"Show me personal funds not evaluation"
Even at a personal level, I've realized that debt is neccessary to build wealth or atleast increase net worth. Using other people's money, in this case the banks money in the form of home loans, personal loans and even credit cards can make you rich!
Credits cards 💳 are like playing soccer ⚽️ with your side at the bottom of the hill with no goalkeeper; and the bank at the playing from the the top of the hill with no goal posts for you to score. In this scenario: gravity = interest charges and bank fees.
That 💳 “wealth” building strategy @Sbo Nzama will seem to do well until it doesn’t-when the stakes are so highly and you’re up to your eyeballs in debt.
Penuel himself knows what it feels like to owe so much money.
Ask him, he’ll tell you the kak he was in.
Yeah you smart. I needed to see this
Good one.
👍
Personally speaking,Tesla is a bad investment would rather buy Facebook. Elon Musk sells of way to many shares & doesn't have control .
You have skinned the buffalo , dankie !
I can't believe what you said about kanye and adidas happened and this video is from last year
this was fun to watch
Well said.
I should start reading the kind of material you read
I've always used net worth's to Guage the success of these celebrities and business leaders. Here's my dumb ass thinking the richlists included the liabilities as well as the income. Happy to learn something new, that the people might be in huge debt and even more broke that my ass😜
Word my brother
Thax black pen. You should take on motsepe next time bra or mining industry
Mr Mazibuko please open a financial literacy channel or program ….your level of eloquence is not available out here ….
1rand 😂😂😂😂😂
🙂
11:37 what is your black?