As a Corporate Lawyer based in Lagos, Nigeria I can completely agree with this. The Companies and Allied Matters Act 2020 has strict guide lines for insolvency and I have been honored to monitor how corporates navigate the insolvency process. Sound advise Vusi. Weldone.
You saved my life. I was on the verge of the ultimate collapse. I needed to hear this. A lot of people might mock a crying man, but this video just saved me.
you are not alone brother.... the community is here with you. I was here last year, and my deadline for pulling a rabbit out of my hut was 11th December. On 8th December, the business came out of the ICU. We are still recovering but getting better, so I'll tell you. Hang in there!!! indeed, let other competent people come through to help you navigate the stressful winds. I just wanted to say hang in there.
Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. Instead of trying to predict and prognosticate the stability of the market and precisely when the change is going to happen, a better strategy is simply having a portfolio that’s well prepared for any eventually, that’s how some folks' been averaging 150K every 7week these past 4months according to Bloomberg.
very true, I started investing before the pandemic and that same year I pulled a profit of about $600k with no prior investing experience, basically all I was doing was seeking guidance to make a from a financial-advisorr, you can be passively involved with the aid of a professional.
The adviser I'm in touch with is *Jude Ryan Mcdonough* He works with Merrill, Pierce, Smith incorporated and interviewed on CNBC Television. You can use something else, for me his strategy works hence my result. He provides entry and exit point for the securities I focus on.
As a legal practitioner those two steps are sooooo important. Fiduciary duties are so important and so is the exercise of separating yourself from the business. It might seems abstract but you don't want that corporate veil to be pierced . Trust me when I say...Vusi has given business owners game!!!!!!!!
Mtimande, things fell apart for me. I didnt only losemy business and money.ISars came in twice with the TPA 360k and 500k respectively. Inthe process I also suffered a major stroke stroke that put me in a wheelchair wheelchair I have read your book Magna Carta exponentiality. How I wish I had listened to this forum earlier
Great advice! I always tell clients that a lawyer who helps you stay away from trouble is ultimately less expensive than the one who helps you get out of trouble.
I've heard everything but this. That you can actually let the business go when there's nothing else to be done to save it. It will be super hard no doubt but necessary 💯
VT I come here everyday to get dose of your wisdom . Thank you so much . I want to get out of the driver seat but I don’t know how . I’ve got a business I’ve been running for 4 years now. We’ve got everything in check but making it run like a real cope rate entity . Thank you 🙏🏾
I engineered wealth by focusing on the values and principles of the right company that has full compliance and regulated. I know what it was to fall and rise again. 🎉
WOW.... this is super true. Was part of a company that closed 6months ago...wish our director took these steps. Any business is also about the families depending on its survival. This video was for us. Thank you Sir.
This is just me at this point vusi . Watching in tears and wondering how to go home after work because I have money to refund even at home. Thank you vusi
You will not believe how DESPERATELY I needed to hear this today! I was so bummed I could not go to the SMME Summit in June knowing you were going to speak there, this SLIGHTLY makes up for it lol Thank you so much for being so generous with your knowledge, experience and advice!
I like the last point I'm at a point that I feel I'm not ready for the next lap at all I want to handover to someone to run the business now i have done my best thus far
It was a great experience being in the same room with you back in 2017, where I shared some vital points on the digital space and it impacts on business and personal growth. Since then I have worked with a number of small and medium enterprises. I know for a fact that we will meet again! Thanks VT!
Evidence in the UK is based on HMRC data there should be a book to avoid failing as the reasons for failure are not that many in number and although they are common sense seems like the companies even with experienced directors and teams fail.
*I feel incredibly lucky to have made wise financial decisions that have had a life-changing impact on me. As a single mom residing in Melbourne Australia, I successfully purchased my second home in September. If everything continues to progress positively, my aspiration is to retire next year at age 50..*
🙏.Sorry for late reply sweetie, I used the FIRE movement to put my finances in order. Then lnvested in stocks, cryptocurencies and reaI estates though the assistance of an lnvestment Pro who helped me make it this big....
I invested with Eliana too, she charge a 15% commission on profit made after every trading session which is fair compare to the effort he put in to make huge profit….....
Thank you VUSI for educating us(ahead). Not in the situation but I have had failed business before. And working to retrace steps, learn what I had never learnt before. And hope to have a successful outcome. This time around.
thank you very much for sharing this vulnerable advice from the heart. You really helped a lot of us entrepreneurs. I felt you. Thats what we go through..,
This is true, is like talking to a professional with an MBA not knowing the first baby steps on how to make money, yet promises you that he/ she will double your turnover. Economics 101 is the start, and this is no child's play especially to most tenderprenuers who are far from becoming entrepreneurs.
To obtain financial freedom, one must either be a business owner, an investor or both, generating passive income, particularly on a weekly and monthly basis. That's the key to living a financially stable life. This trick has never failed. I pray that anyone who reads this will be successful in life and put this basis to work and practice. Jessica Darrell have been a great manager, mentor and guide. Her support and advice has helped shaped my crypto trading career.
How does this whole crypto thing works I'm interested in it and willing and ready to invest heavily but I need an assistant to properly guide me through on how to make a good startup and be successful in it without making mistakes
Does it help to register a Trust then transfer your shares to your trust fund especially when business is doing well,and who should you appoint as trustees? What are your views on Trust Funds?
Bless you my brother. Again would appreciate if you take a short trip here in Trinidad. I personal would build this mindset through the Caribbean. Come teach us your vibe please
I feel like these tips might apply to larger corporation businesses...what about the micro businesses...the one woman show's...the tiny local business owners that their business is failing due to unknown circumstances?
As a Corporate Lawyer based in Lagos, Nigeria I can completely agree with this. The Companies and Allied Matters Act 2020 has strict guide lines for insolvency and I have been honored to monitor how corporates navigate the insolvency process. Sound advise Vusi. Weldone.
You saved my life. I was on the verge of the ultimate collapse. I needed to hear this. A lot of people might mock a crying man, but this video just saved me.
Keep your head up brother!!
🙏🏾
you are not alone brother.... the community is here with you.
I was here last year, and my deadline for pulling a rabbit out of my hut was 11th December. On 8th December, the business came out of the ICU. We are still recovering but getting better, so I'll tell you. Hang in there!!! indeed, let other competent people come through to help you navigate the stressful winds. I just wanted to say hang in there.
As a corporate lawyer in Zambia- I agree with all your points 100%. People surely underestimate the cost of not having a good corporate lawyer
Hello hope to connect with you for insight in Zambia
Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. Instead of trying to predict and prognosticate the stability of the market and precisely when the change is going to happen, a better strategy is simply having a portfolio that’s well prepared for any eventually, that’s how some folks' been averaging 150K every 7week these past 4months according to Bloomberg.
That’s crazy, I’m just doing everything wrong with my portfolio.
very true, I started investing before the pandemic and that same year I pulled a profit of about $600k with no prior investing experience, basically all I was doing was seeking guidance to make a from a financial-advisorr, you can be passively involved with the aid of a professional.
Same here, 75% of my portfolio is in the red and I really don’t know how long I can stomach the losses. I’m beginning to reach a breaking point.
wow ,that’s stirring! Do you mind connecting me to your advisor please. I desperately need one to diversified my portfolio
The adviser I'm in touch with is *Jude Ryan Mcdonough* He works with Merrill, Pierce, Smith incorporated and interviewed on CNBC Television. You can use something else, for me his strategy works hence my result. He provides entry and exit point for the securities I focus on.
As a legal practitioner those two steps are sooooo important. Fiduciary duties are so important and so is the exercise of separating yourself from the business. It might seems abstract but you don't want that corporate veil to be pierced . Trust me when I say...Vusi has given business owners game!!!!!!!!
VT l will never stop calling you Sensei. you're a real one.
Mtimande, things fell apart for me. I didnt only losemy business and money.ISars came in twice with the TPA 360k and 500k respectively. Inthe process I also suffered a major stroke stroke that put me in a wheelchair wheelchair I have read your book Magna Carta exponentiality. How I wish I had listened to this forum earlier
Great advice! I always tell clients that a lawyer who helps you stay away from trouble is ultimately less expensive than the one who helps you get out of trouble.
I've heard everything but this. That you can actually let the business go when there's nothing else to be done to save it. It will be super hard no doubt but necessary 💯
All you are is for all of us. God Bless you Vusi. Truth no one ever told me!
Am the one needed to hear this, Enkosi kakhulu Bhuti 🙏
VT I come here everyday to get dose of your wisdom . Thank you so much . I want to get out of the driver seat but I don’t know how . I’ve got a business I’ve been running for 4 years now. We’ve got everything in check but making it run like a real cope rate entity . Thank you 🙏🏾
Thank you Vusi. I am so glad, we have someone like you as a Senior Brother directing us and looking out for us
I engineered wealth by focusing on the values and principles of the right company that has full compliance and regulated.
I know what it was to fall and rise again. 🎉
WOW.... this is super true. Was part of a company that closed 6months ago...wish our director took these steps. Any business is also about the families depending on its survival. This video was for us. Thank you Sir.
This is just me at this point vusi . Watching in tears and wondering how to go home after work because I have money to refund even at home. Thank you vusi
You will not believe how DESPERATELY I needed to hear this today! I was so bummed I could not go to the SMME Summit in June knowing you were going to speak there, this SLIGHTLY makes up for it lol Thank you so much for being so generous with your knowledge, experience and advice!
I like the last point I'm at a point that I feel I'm not ready for the next lap at all I want to handover to someone to run the business now i have done my best thus far
It was a great experience being in the same room with you back in 2017, where I shared some vital points on the digital space and it impacts on business and personal growth. Since then I have worked with a number of small and medium enterprises. I know for a fact that we will meet again! Thanks VT!
Listening to @Vusi Thembekwayo is quite addictive..
There are books on how to fail forward..fail fast ...fail cheap... Lean startup and management readily comes to mind
Ok well his advice is better because who has time to read that book and cypher what's needed
True every business should have a corporate attorney.
A recommendation Book. “Corporate Turnaround Artisty” it will give you a scope of what to watch out for.
Evidence in the UK is based on HMRC data there should be a book to avoid failing as the reasons for failure are not that many in number
and although they are common sense seems like the companies even with experienced directors and teams fail.
*I feel incredibly lucky to have made wise financial decisions that have had a life-changing impact on me. As a single mom residing in Melbourne Australia, I successfully purchased my second home in September. If everything continues to progress positively, my aspiration is to retire next year at age 50..*
🙏.Sorry for late reply sweetie, I used the FIRE movement to put my finances in order. Then lnvested in stocks, cryptocurencies and reaI estates though the assistance of an lnvestment Pro who helped me make it this big....
OMG....Amazing to see someone who trades with Eliana Autumn , i am currently on my 11th trade with her and my portfolio has grown tremendously......::
I invested with Eliana too, she charge a 15% commission on profit made after every trading session which is fair compare to the effort he put in to make huge profit….....
I’m a beginner. How can i get her assistance?
Wow.Profound. On the contrary, this video should've trended. A must watch to all business owners and aspiring ones
Thank you VUSI for educating us(ahead). Not in the situation but I have had failed business before. And working to retrace steps, learn what I had never learnt before. And hope to have a successful outcome. This time around.
I am in VA USA very impressed that you know our laws here. Thank you!
May God Continue to Bless you Mr.Vusi, this video is for me and what I needed🙏
Life saver
10star
Real stuff there
Thank you
God knows how addicted i am to Vusi. Very intelligent man.
Same here
thank you very much for sharing this vulnerable advice from the heart. You really helped a lot of us entrepreneurs. I felt you. Thats what we go through..,
This made my day, thank you Vusi
I'm thanking You now and will refer to You and this content when need be. Thanks Mr. V. T
This is powerful and really informative 👌
WOOOOW... There's nothing like learning and bringing what you learned to life, manifestation..Thank You Soooooo much great help!
Tough Discussion but thank you for addressing it.
I soooo needed to hear this. Thank you, thank you Sir for sharing valuable content with us🙏.
Thank you VT for sharing such an emotional subject truly this is not for the masses but a few who are 'seekers' in the risk-taking economy
Absolutely
Thank you very much Thembekwayo, 8 months later, the person you apeaking to is me.
It's how to find who to hand it over to. Seriously having a challenge managing the business
This is true, is like talking to a professional with an MBA not knowing the first baby steps on how to make money, yet promises you that he/ she will double your turnover. Economics 101 is the start, and this is no child's play especially to most tenderprenuers who are far from becoming entrepreneurs.
Straight talk is what we NEED - Thanks V
To obtain financial freedom, one must either be a business owner, an investor or both, generating passive income, particularly on a weekly and monthly basis. That's the key to living a financially stable life. This trick has never failed. I pray that anyone who reads this will be successful in life and put this basis to work and practice. Jessica Darrell have been a great manager, mentor and guide. Her support and advice has helped shaped my crypto trading career.
I get a lot of recommendations for Jessica Darrell from friends. Her strategy must be good for people to testify a lot about her.
I have been getting so many recommendations about her as well
how do I reach her
For real she's very profitable
Whole life is a joke in every sense, the investment side of a whole life policy gives the poor return and stabilized the rich
How does this whole crypto thing works I'm interested in it and willing and ready to invest heavily but I need an assistant to properly guide me through on how to make a good startup and be successful in it without making mistakes
Thank you, Sir.
Thank you!
Thank you!!
Thank you!!!
This is profound. That last one is really hard.
Thank You Mr Thembekwayo🌍
Thanks in advance Vusy.
I'm saving this. Wow
What a an enthusiastic and generous person.
not everyone shares this insightful except the one who’s name is Vusi .
Best Loser Wins by Tim Houggard is a great book that teaches traders how to accept failure in Trading
Thanks Vusi🙏
The 5th advice hit hard. I've started an Etsy shop, I'm suspended for delayed fees due to not being that informative. I'm heading to Fiverr ASAP
Thank you Vusi and team
Vusi power,real eye opener
We are soaring.
Thank you Vusi.
This is wiser. Thanks Buti.
I needed this.... God bless vusi....
You know your shit partner! You a marvel. Keep shining ma G
The education I receive is highly appreciated
Thanks vusi thanks for your word
Thank you for you are a good mentor😊💞
So timely for me
Give Thanks
I thank you now! Sound and solid, yes tough! Eish
Thanks Vusi
Thanks for nothing just the truth I really appreciate it.
Does it help to register a Trust then transfer your shares to your trust fund especially when business is doing well,and who should you appoint as trustees?
What are your views on Trust Funds?
Thank you Vusi
@vusi thembekwayo i love you brother you are intelligent your problem uyabhayiza..you focus on wrong things
Bless you my brother. Again would appreciate if you take a short trip here in Trinidad. I personal would build this mindset through the Caribbean.
Come teach us your vibe please
Thank you sir
I cannot wait to see you in Nigeria VUSI
May 1st 2023. The platform. We are all waiting
This video was definitely for me
Thank you big brother
I needed this. Thank you.
Very insightful 🤞🏽
Thanks Fam
❤
You're such a blessing
10:14 I'm currently in that situation right now
Thank you!
Get off from the divers sit. Thank you so much VT
This's real talk - hard shit! Ouch, it pains but it's real! Thanks a billion for this message as with all the other messages before this!
Wooow amazing counsel🙏
Everything is going well
TQ you
Merci beaucoup
I needed it! I'll thank you later.
Thanks for this content
Magnificent!
I feel like these tips might apply to larger corporation businesses...what about the micro businesses...the one woman show's...the tiny local business owners that their business is failing due to unknown circumstances?
I needed this today! Thank you Vusi
Thank you.
Wow thank you 🙏🏾
Great advice! Thank you!
Thank You
So, what chapter of the book is this lesson in??? lol cause this sure sounds like a lesson on what to do when you fail. Thanks Vusi!!
Amen
You nailed it in this one Mr. Vusi
thank you so much, it open my eyes