Develop Your Idea Into a Global Brand, Ignore the Butt-head Naysayers

First you need to come up with an idea, basically an easy-to-use solution to the current one, then develop that idea into a workable simple-to-use solution, then if needed, build and test the prototype, then setup a company to develop the idea/prototype, don’t worry about funding your idea, once you have developed your idea into a practical solution and put a bankable business plan together, money will flow from financiers to fund your business, then get the best team together to develop your idea into a marketable product/service, and then build your company into a brand name, globally.

Those who never had ideas, those whose brains are basically dead rotten, who can’t be innovative to come up with simple and easy-to-use solutions of their own, once they hear about your idea, because they are so dumb and stupid as they can’t see far ahead than the shadow of their own buttocks, they will laugh at you and call you names, saying all kind of bad stuff about you just because of their own stupidity because they fail to see the long-term effects of your idea. However, once they finally see your idea developed into a finished product/solution, then suddenly they become your biggest fans. But don’t hate them, take their money by selling them your products/solutions. You can even employ them, don’t hold any grudge against them.

So don’t sleep; go on and dream! dream Big, do Big, so you can live well for the rest of your life. And in the long run, you are empowering yourself, your family, your community, your country, and live better than those short sighted butt-head naysayers.

Your Dream, Your Passion, Your Family Legacy

A family legacy such as those of Nelson Mandela, Sam Nujoma, Martin Luther King Jr, John F. Kennedy, Barack Obama, Aupa Indongo, Bill Gates, etc., in their respective fields, are created by not everyone in the family, but just one in the family who stands up to do something different and be so persistent until that someone realizes his or her dream. And that dream eventually becomes the legacy of the whole family.

I hope you’re pursuing your dream. I hope you’re the one in your family that will one day make your family to be remembered for hundreds of years to come. I hope you’re the one with a dream and you refuse to let your current circumstances kill your dream. I hope you can stand up and face the struggle now so you can make your dream come true and then enjoy the best fruit of your dream later.

Don’t give up on your dream, no matter who says what, no matter how difficult the situation may be, keep on doing what you believe is right for you, your family and your community. If you don’t stand up and do it, no one else will do it for you. And you don’t have to be from a well-to-do family, you can be you, just as simple and empty as you, but when you have a passion to make your dream come true and you don’t quit, you can eventually make it happen big. It’s yours to keep, make it happen. Don’t give up on your dream.

Merry Christmas and have a blessed happy New Year. Let the year 2014 to be the year of many breakthroughs in your life. May the God of Heaven bless you and keep you. May the Grace of the Lord Jesus Christ fuel your passion to overcome your fear to pursue your dream in 2014 and far beyond.

Thank you very much for your continued support and prayers.

Developing Rural Namibia: How to Develop an Economic Depressed Rural Area Into a Thriving Economic Urban Center?

I realize that most city, town and village councils in Namibia may not really know how to actually attract and keep industrial businesses in their areas.

Rather, they tend to wait on the central government to direct them and basically mouth-feed them by attracting and getting investment on their behalf for their areas. And this is not how it works, hence most cities, towns and villages in urban and rural Namibia are facing high economic hardship and pressure for their municipalities and residents.

I have written about this before, on how a town or village can help attract an investment to its area; and in short, here is how it may happen;

Let’s say for example, Oikokola in Omusati Region wants to attract BMW in Germany to come and setup a manufacturing factory in Oikokola. Because the Oikokola village council knows exactly the massive socio-economic benefits rippling throughout the country just by having one BMW manufacturing plant in their area; that’s – one BMW Manufacturing Plant, let’s say employing more than 1500 people, can help effect a massive economic ecosystem in the same area; because out of that 1500 employees, there could be more than 7500 indirect employees.

How’s that? Based on my “Job Multiplier Effect Model”, which is based on my economic differentiation and derivative formulation, that’s per each “one” direct employee, “five” more indirect employment opportunities are created. So, just by having more than 9,000+ employees (1500+7500) in Oikokola; don’t forget that possibly per each employee could have 3 additional family members in his or her household, and that makes Oikokola to have more than 27,000 new residents, as a result of just one BMW Manufacturing Plant, that nearly makes Oikokola to become a major town with great and profitable socio-economic benefits that would ripple throughout the entire economy of the country.

Because the Oikokola town council has done its economic analysis on having such a Manufacturing Plant in its area, it serves best to have the Oikokola Village Council to select a team of delegates among its staff, and send them to BMW in Germany.

When they get there, they would have already prepared two first class-return flights for two BMW Executives, from Germany to Namibia, then they would also have prepared a first-class ground transportation to and from Windhoek to Oikokola, with first class hotel accommodation as well as lodging (food).

When they get to BMW in Germany, they would hold their meeting with the BMW executives; obviously they should have already made arrangement to meet with those executives responsible for international business development at BMW prior to going there. A the meeting, after their brief introductory summary, then they simply inform the BMW executives that, they have everything prepared; first class flight to and back from Namibia, ground transportation, food etc., so that they simply board the flight and come to Namibia.

Now, since everything is already prepared, and BMW or their executives don’t have to incur any expenses; they would be gladly interested in taking the trip; most executives would regard the trip as a vacation and would love it.

Obviously, it would not be on the same day; the village council would want to have an ample time before the BMW executives arrive in Namibia. So the village council should first go back to Oikokola and inform their local officials and residents that on that specific date, there would be special guests from BMW in Germany to come and visit the area for a possible investment project, that could help create jobs for the residents and improve economic condition of the area.

Then when that date comes; everyone should be ready to welcome the guests; with well-organized joyous celebrations, food, and orchestrated dances, and everything, so that the first thing that those BMW executives would see, would be happy faces of people excited to see them and welcome them. That by itself would likely make the BMW executives very excited just the fact that the locals are excited to see them.

Then the village council after they have officially welcomed them, then they take them to a meeting conference and make a presentation on what their area has to offer, in terms of available land, economic incentives, labor, and capital that would be of great benefit to BMW to have a manufacturing plant set up in the Oikokola area. In the presentation, it should include everything else; such as tax benefits that would entice BMW to come to Oikokola to setup a manufacturing plant.

After the presentation, then the village council should take the executives on a special tour for the area; show them around the area, and then take them to the land that the village council has allocated for the BMW Manufacturing Plant.

At that land site; the village council should entice the executives with eloquent talk and discussion and try to close the deal with them without being forceful, to have BMW setup a manufacturing plant there. Because of how everything are organized, BMW could possibly agree to set up a Manufacturing Plant there for the BMW automobiles, car parts, engines, or perhaps recommend their partners to do so. This is how town, village or city councils should do, to try to attract investment projects to their areas.

However, it only works best if the Council members actually know what to do; what investment is suitable for their area, as each area has its own comparative advantages; where to start, who to contact and how to actually do it to get the needed appointment with the company, anywhere in the world. And it doesn’t have to be BMW, it can be any company in the world, depends on what your area has to offer.

This is where we at Groot Group come in – we know how to do this; from conducting economic analysis for any area, and we are very connected globally to most of the world’s largest companies. Hence it has great benefits to work with us in order to help develop your village, town or city by bringing investment and industrial projects to your area that would forever help transform your area; for your residents, for the sake of the overall country’s economic growth. Because as an elected council member, you have responsibilities to your constituents; hence get up and do something real tangible to help grow your area – overall, you’re interested in getting re-elected or be appointed to a high post some day.

The above is just an example on how you may possibly attract investment projects to your area; however in reality – for the sake of Oikokola, a rural area in Omusati Region, we at Groot Group and SDS Group, have a team arriving from India for our Sitentu Food Processing Plant development in Oikokola and Nkurenkuru.

And given that Oikokola is currently just a rural area with basically nothing except the current residents and no nothing else; watch as we transform it from its current status to a major urban center within the next 5 years.

Our planned Sitentu Food Processing Plant in Oikokola (likewise Nkurenkuru) will employ 3,000+ workers at each location, with indirect employees of more than 7,500. Those workers will need proper housing for their stay, they will need retail stores for their everyday shopping need, Oshakati is too far for them, they will need clinics, barbershops, etc., basically they will need all the basic infrastructure as required for their well-being and better living, and obviously, we will depend on entrepreneurs to set up those businesses and services for the future workers of Oikokola and likewise, Nkurenkuru.

Why Oikokola and Nkurenkuru? We are targeting both the rural Namibian and rural Angolan informal farmers to benefit from their hard farm labor. This is the economic transformation vision of our Company; creating powerful economic linkages between rural and urban centers.

Smart working and planning, with the support of the local, regional and central government can have great positive economic impacts for an improved living condition of the people in the economy (country).

I want and hope to make Namibia as a spring platform for economic transformation for the whole of Africa. It’s time for Africa to improve her economy to benefit her people. Political economy is long dead, the future is rapid industrialization based on the Groot Group Economic Ecosystem Model.

Email me at simon@grootgroup.com with questions on how we can help you get the most investment project for your area.

I’m a Neuroeconomist and Entrepreneur; CEO and Co-Founder of Groot Group at www.grootgroup.com; as well as Managing-Director and Co-Founder of Tses Glass (Pty) Ltd, as well as Co-Founder and Project Director of Otavi Steel (Pty) Ltd, and Sitentu Power Plant (Pty) Ltd. I’m a Nominee of the Prestigious 2012 Africa Awards for Entrepreneurship.

What are the Socio-and-Macroeconomic Impact by Otavi Steel and Tses Glass?

The development of the Tses Glass Manufacturing Plant in Tses, Southern Namibia and the Otavi Steel Mill in Otavi, Northcentral Namibia, are estimated to have an exponential positive impact on the Namibian macro economy, as they will each cause to affect nearly every sector; from energy, water, roads, railway, shipping, mining, human capital, medical clinics, agriculture, education, and more.

These two industrial projects alone, are economic ecosystems by themselves, as more downstream developers and investors are expected to flock to the Tses and Otavi area to setup new interlinked businesses in order to offer diverse products and services for the Tses Glass and Otavi Steel workers.

Tses Glass and Otavi Steel have an estimated combined development and construction budget of US$9 billion (N$73.8 billion). The total estimated employment creation to be effected by their implementation is 58,000 direct jobs and 290,000 indirect sustainable job opportunities throughout Namibia.

Namibia currently has a population of about 2.2 million with an estimated workforce of about 33% or 729,000 of the population. The total current unemployment rate in Namibia is estimated at about 54%, which is about 393,700 of the Namibian workforce. With the development and upon the implementation of Otavi Steel and Tses Glass, these two industrial projects alone are projected to overall reduce Namibia’s unemployment from nearly 393,700 to 103,700, which is about 14% of the estimated 54% unemployment rate.

Now take the total value of the final products by these two projects alone per their planned annual gross production capacity, which the value is easy to determine as these products; the steel and glass, are traded openly on the market, hence the market price for each industry (glass and steel) is readily available, then they will add about US$37 billion (N$300 billion) value to Namibia’s GDP.

And this is a very good thing for Namibia.

The soonest we can all work together in our different capacity, the sooner we can help make this happen for Namibia and the Namibian people.

How Can You Raise $1 Billion in Financing for Your Startup?

So you’ve started your business and now you’re urgently in need of $1 billion in financing for your business or project; then what do you do and where do you go to get it?

There are a few simple and easy steps on how to do it fast without breaking your back, which are;

  • “Personable” – use the social media to market yourself and by doing so, be sure to be real, be open, be smart.
  • “Brag branding” – use the social media to brag about your project but do so without spamming your audience.
  • “Value and excitement”- your project must offer value that can excite your potential investor’s appetite.
  • “Culture”- more and more people have money which they want to put it to work, but they will never fund you if they don’t know you, if they don’t trust you, and if they don’t have faith in you. This is where your personal characteristic comes in to play; which your past may define your present value but depends on how you present yourself, it may not hinder you realize future potential.

Simply by doing the above may help you attract potential financiers for your project; it’s always better when they come to you and offer to invest in your project, instead of you going to them.

We’re securing $1.7 billion for our 900 MW CCGT power plant as well as our other industrial projects within the Groot Group ecosystem and we have attracted some of the world’s largest and leading financial institutions and private super-net worth individuals.

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Are There Any Smart People Left in Africa?

More and more US entrepreneurs are launching companies for mining in space. Apart from the much recently publicized, Planetary Resources Inc., which aims to mine an Asteroid circling near the Sun, Moon Express Inc., is another one of many US companies that seek to mine certain rare minerals on the Moon and it expects to land on the moon by 2013.

Here is the case; some of the serial entrepreneurs in developed countries have almost exploited and exhausted most, if not all, the ideas to turn them into profitable companies, and now are starting to focus on space mining and exploration.

But what are the entrepreneurs in Africa doing? Sleeping, drinking themselves to death, or just loathing around?

Africa countries have some of the most educated people, just like in other developed countries. But some of the factors that may brain drain Africa is that most of these foreign educated Africans never return to their home countries in Africa, they end up staying where they have studied and work for the companies in those countries.

But a few who return to their home countries in Africa, they walk around; bragging and boasting around because of their papers (degrees) and academic achievements, then they get jobs in governments and simply become useless. Because in their job posts, they are not expected to meet any certain quotas or milestones, and mostly after work every day, they go out to drink themselves out. Then the next day they go to work, with a much hangover, and that makes them even more less productive. But at the end of each month, they receive their generous paychecks whether they have done any work or not.

All in all, they rarely do anything impactful to come up with real innovations that could help transform their economies and raise up their communities’ standard of living.

If I am wrong, please tell me even just 5 innovations that were developed in Africa.

Nearly everything that we use today in our homes and at work, from automobiles, planes, electricity, etc., were invented in countries outside Africa; mostly in the US.

My question is this; are there any smart people living in Africa? Are there any entrepreneurs in Africa?

There’s a silly and perhaps racial saying; all the smart people who were born in Africa have left Africa, and only the dumb ones are still living in Africa. Is this true?

So what is really the issue that hinters a rapid economic development and growth in Africa?

Is it perhaps because more Africans become politicians or politicians wannabee instead of engineers, scientists, and entrepreneurs (not shebeen owners) who develop real innovations that solve some of today’s intricate problems?

Stagflation? Bank of Namibia, Do Something, Please!

In February 2012, I wrote a short status update on my Facebook profile, that the Taxi Fare in Namibia would go up by may be as little as 5% within a few weeks. But today, Die Republikein Newspaper states that at end of April, it will go up by N$1, from N$8 to N$9, which is an increase of about 11%. That’s nearly a double increase from what I thought it would be.

Now, here is the issue in Namibia; inflation (price) has been rising fast over the years, while the unemployment rate is also rising at the same time; hence stagflation.

This should have been in reverse; that if the consumer price is rising then there should be lots of employment creation opportunities or better salaries and wages. But the price of consumer goods (taxi fare, bread, flour, cooking oil, etc) is rising while everything else remains neutral or even going downward spiral.

Okay, we assume that this is all due to the rising price in the global energy consumption, but should we still blame China and India for their massive consumption of electricity or is it due to the cut down in oil import from Iran due to the US sanctions and trade embargoes on Iran?.

So what’s the Bank of Namibia doing to help curb down all of these, so far nothing. Could BoN step up to perhaps cut down on the interest rates to help boost consumer and banking lending? Oh, sorry I forgot; most Namibians are unemployed, hence they may not be able to apply and get qualified for bank loans, also Namibia’s Monetary Policy is tied directly to the South African Central Bank, so unless the SA Central Bank acts on its interest rates, we may not see too much happening at BoN.

What can BoN do to help boost economic growth? How’s monetary and fiscal policy playing on at BoN?