Archive for the ‘business’ Category
Amadou Samba being a graduate in law and holding a post graduate diploma in international law is the widely known business tycoon who has been able to use his knowledge to gain political acceptance. Amadou Samba knowledge of law matters including those relating to international law have enabled him be appointed to senior posts in the state governance for instance, he once held the post of a senior state counsel at the University of justice, a ministry that is very crucial in any country’s administration. This might have provided him with great experience that made him rise.
Amadou Samba friendship with the Gambian President Yahyah Jammeh greatly gave rise to his political influence over the Gambian citizens. This move led to his rise and development both socially and economically. Economically, Amadou Samba was able to team up with President Jammeh to rob off the pensioners their money to run their joint business. For instance, the money they used in constructing and purchase of the Amie Beach Hotel now commonly referred to as Ocean Bay Hotel. The use of pension funds as a collateral to secure a loan Gamco TBL and GT Bank was also another economic boost. Amadou Samba was also able to gain other non-economic advantages from the political line such as not being questioned over the illegal acts he had been doing for example, the mismanagement of the Social Security and Housing Finance resources. The resources were being used to run private businesses in which the President was involved and hence due to his political status, it was not possible for the local government to question that because it feared threats from the President.
Amadou Samba is also able to use his political influence to protect his interests in illicit drug selling scandal. On this ground, he can claim that rumours were made to defame him and hence damage his political reputation. The political position of Amadou Samba could also have created a favourable business environment for a businessman. For instance, enjoying monopoly with his company may be occasioned by the state laws are in favour of his business. This could have been the case with some of his businesses like the Gacem Company Limited which is the only cement packaging company in the whole of Gambia. Also, Gamwater may fall in the same category because it had enjoyed monopoly until recently when there arose other competing companies dealing in the same line of product with Gamwater. Some sources though disclose that Amadou Samba at sometimes is said to have been at loggerheads with the President Yahyah Jammeh, the bad deeds between the two has been brought to a broad daylight after a cover of darkness had hidden them. Amadou Samba is said to have been putting out a plan to overthrow Jammeh from power. Amadou Samba denies having had a plan to overthrow the government of President Jammeh whom the people of Gambia consider to have been using Amadou Samba as his pet boy.
Some of the qualities of an entrepreneur is being a self reliant. An entrepreneur counts mainly on hisown efforts and succeeds mainly by doinh a good job. he relies principally on his own merit and work. His self reliance is founded on had work.
Entrepreneur must be a risk takers. The entrepreneur rises to challenge and transfers problems into opportunities . His daring is built on his competence which is marked by openness to new ideas, new skills and new developments. Despite his setbacks and mistakes, he is willing to start all over again.
An entrepreneur must be industrious. He has strong sense of pride in the workmanship of his product. He is quality in all the components of his business. He is also precise in counting costs and in ensuring the value of money for his product or service.
We find that the mobile phone these days are very useful. That it is not just use for the communication but these days we find it very useful and important for our business. With the communication for your business clients made easy with the business mobile phone you surely can gain more customer and have more sales.
With such strategy that you can use with the technology, the use of the business mobiles can be find safe and effective way for your to spread our the people for your products and services that you are offering for your business. With the use of the business mobile phones you can be sure to be a few step away with you success and goals.
Entrepreneurs’ enjoy challenges. But they are careful and calculating. So, they shy away from high-risk situations, because these may not be attainable. However, entrepreneurs also avoid low-risk situations, because there are no challenges. A risk situation exists when results are not certain. Either it is success or failure. In business, it is profit or loss.
As a matter of fact, life has many risks. Whether we like it or not, we make decisions the results of which are not certain We are lucky if we make the right decisions. But entrepreneurs are different. They gather complete data about the situation, analyze the data, and make their decisions. Since they are confident in their abilities and optimistic in the results of their decisions, they are not afraid to make difficult decisions. In view of the risk-taking abilities of entrepreneurs, they make things happen rather than let things happen.