EP 2 PT 2 | DON'T COLLECT BANK LOAN

[@thetravelerwonderfulworld9854]

I went to one of the best business schools in Washington DC , in America. But I have learned so much more from Oga Cosmas than I learned from my best professors.

[@Jidebabalola]

Such an excellent human being

[@Just_Kelvis]

Most of the professors don't have experience in business. They pour what they read as well.

[@thetravelerwonderfulworld9854]

@@Just_Kelvis not in America. Most of my professors in business school were investment bankers . One even had a $300m hedge fund which he had sold to retire.

[@Just_Kelvis]

@@thetravelerwonderfulworld9854 that's nice. However, in most African countries, how many run a business?

[@kingfeb.7316]

​@@thetravelerwonderfulworld9854❤😊

[@deblessedone1735]

This man may not have had formal education but his eminently qualified economics. Nigerian institutions should plead with him as visiting professor or a lecturer as it refers to in Nigeria. Nigeria institutions should avail themselves of this man's immense knowledge. He is invaluable.

[@ajimebartholomew9203]

Harvard

[@josephogbole3774]

They will not...the higher institutions in the country will not do that...too much pride

[@emmanuelmichael1700]

Guys, this is Oga Cosmas Maduka, he has been around for a long time. Known him ( not on personal level but rather his business philosophy ) for over 30 years . Typical Igbo business sense. Very disciplined man to the point of rigidity and sometimes autocratic but his business principles are enduring and very effective.

[@user-py9sy3pw2m]

At the core of his business is his personal principle of Fear of God. He is highly principled and respected man like Peter Obi ❤

[@abioyesulaiman430]

😢

[@adaobimaduezim5575]

Wisdom beyond imagination, full MBA course in 40 mins

[@reelspilltv]

I love this man's mentorship. He is not only a born entrepreneur. He is a born teacher!!! I learned something today!!!

[@johneneojowilliams5081]

Even Robert kiyosaki has never explained it like this

[@jordanmontes9918]

I swear

[@Jerry.anthony.c]

0:15 - Reputation 1:10 - You are a thief 1:40 - Worst sickness in life - Stress 3:15 - Suppliers credit 3:25 - Integrity 3:40 - Patience is faster 4:20 - Building TRUST for credit 6:45 - Breaking TRUST & REPUTATION 7:40 - Banks and the principle of MORE 9:50 - Reputation is so important 10:25 - First amount he borrowed #1,000 11:30 - A person of Character. Time keeping another way of assessment 12:45 - Observing people 14:00 - Supplier credit is the easiest way - No INTEREST 15:30 - Story of man who failed with Japans supply credit - Rochas Okorocha

[@zico813]

From Tanzania.Very important Lessons

[@ezinwo1961]

Ogar Cos you are what you preach. I worked with DC, Kosdav and uncle mogb , God Bless u the more for the sacrifices you made to train generations unborn

[@Gina7429]

Enjoyed this. Lessons 1. Patience will take you faster than success 2. Build your integrity first and guard it jealously 3. Focus

[@innocentyakubu1444]

Dr maduka has been making sense from time inmemorial. Reputation is important.

[@temilolusijuwomi691]

So much wisdom right here. I hope young entrepreneurs heed to this. God bless you more Sir

[@oronsayepaul6709]

this is the greatest business advice u can ever get

[@adebowaleolabanji119]

Excellent businessman and good communicator

[@princessdinni9856]

Patience is the key to success for financial growth and expansion 👍👍👍

[@ebitegift8300]

Thanks to God I'm seeing this. Hope more people see this.

[@sethtimothy2155]

I can't explain how much I have learned from this man Dr Maduka, more wisdom sir

[@jamesjonathan4402]

The scares commodity is integrity.

[@chinwemaduka2430]

Wealth of knowledge being released to the masses. Thank you Sir.

[@sirbugie]

This has changed my life.

[@ChukwudiEzere]

Sir God bless you for educating us how business is been done to achieve our goals in life thanks

[@annewanjiku52]

I love the boldness and courage dwindle money has wings to fly

[@asarebertram2403]

I love what you are doing Irene

[@nkirukapeaceobiokoye3419]

I have learnt so much from you, sir.

[@mayokunodusote6009]

This is wonderful. Thank you Lady Irene for the interview

[@AbimbolaAkin]

Patience will take you faster to success...

[@iheziec.magnus8087]

This is a lecture, just that its highly educative and also super interesting..!

[@patkorie]

Dr. Cosmas has just taught me what no university or MBA will ever teach you in 5 years.Thank you for this amazing interview.

[@alexanderroyce1]

Mr Maduka is the real deal

[@obamike]

This is experience

[@MinstrelJid]

So much clarity!!!

[@humphreysibanda3658]

Good business insights

[@ojeigodwin6985]

Integrity is key indeed. Thank you sir for this wonderful teaching.

[@idrisadegbite7826]

Thank you for this great session and the priceless insight shared 🙏

[@sulaimonrasheed3905]

Thanks so much for all you do sir

[@adamsadagiri5754]

Thank you, Sir , for your insights

[@nkirukapeaceobiokoye3419]

Woow!!!

[@Depas_businessinsight]

THANK YOU DADDY FOR THIS PIECE

[@chinwemaduka2430]

Great idea Sir.

[@official_elekkoagrovet]

Experience is an asset

[@williamkamara5034]

Supplies credit is my power. And clients upfront payments is my booster 😊

[@EmmanuelMbah-o7p]

I have learnt a lot hearing from you sir

[@momentoftruthchannel2045]

Bank will collect money from the poor man and give to the rich man" (Chief Maduka). That's very true. Matthew 13:12.

[@aguhchukwuebuka4367]

The scares commodity is integrity

[@user-vw9cj8qs6b]

*Suppliers Credit - Best source of finance. *Patience will take you faster to success than speed. *People assess you by time management.

[@ebitegift8300]

I love the capitalist mindsets.

[@ubaka1979]

Wonderful man I have to say.

[@scribemanjustice2028]

The summary; in other to get a customer credit, you must have 2 qualities viz; consistency and Integrity

[@mr.sterinsonglella7541]

Supplier's credit

[@joanonojaife735]

Woohoo SUPPLIER CREDIT, VERY IMPORTANT

[@BoyzMentoringAcademy]

Awesome.

[@chukwuebukagideon7526]

Very true

[@okorogodwin455]

Real igbo man

[@victorsolomon2623]

Supplier's credit here I think should be sequel to the type of commodity being traded

[@chrisdamian1559]

Yes not all goods u can get on credit mostly in this current situation, even coscharis in this current situation can't give his goods on credit knowing that dollar rate might increase, where this idea works well is where economy is stable, I use this idea on 2015 to raise capital bcos good luck Jonathan era was stable by 2018 all this my supplier didn't want to give me goods on credit telling to buy at cash any amount I have.

[@ruthmarygitahi612]

Wisdom of the nature

[@emmanuelnwafor6016]

Baba have said it all

[@CharlotteSikaDivaass]

Very insightful!

[@David_OnGod]

🙌🏼🙌🏼

[@Petersang231]

Great

[@aguhchukwuebuka4367]

Reputation is important

[@AbimbolaAkin]

Suppliers' credit...

[@obum-nemeventures7853]

But the price they give us those goods when we don't have money at hand is very alarming, what do we do in that situation ?

[@cmichael2967]

That's the initial sacrifice you need to make. You are building trust. As time goes on, they will reduce the price or other suppliers will notice your turnover and come calling. It is simple. But it needs a lot of patience

[@cmichael2967]

Don't forget that you are making money for the supplier. They need to move their merchandise and fast

[@leoifediba3355]

Integrity = Trust

[@ericokochil6530]

But for some of us who don't have suppliers?

[@cmichael2967]

You look for them. They will not come to your room and wake you up.

[@gentlemarkyunusa4453]

So helpful❤

[@AbimbolaAkin]

Miss matched capital...

[@obanibimonifelix4531]

How do I get a supplier credit of a power generating set, to run my newly purchased equipments for confectionary products?

[@goerealtors]

Supplier credit is given if you have been patronizing that supplier previously and consistently for a period of time... Now, the supplier knows you and can be ready to take a risk on you by giving you the Power Generating Set on credit. We hope this was helpful

[@thinkerstranscendence1534]

Coscharis drag you... 😅

[@scribemanjustice2028]

He is a no nonsense man

[@annewanjiku52]

Borrowing and you are not sure how you will be able to pay that money it can cause your life a big illness

[@isaacasiamah6673]

U don't borrow when u can't pay

[@tech-groom]

But he said Suppliers Credit SC. Or did you not watch to them end?

[@mosesifeanyi5955]

Start buying small with what you have but gradual process because you are consistent you ask for credit then it can be given to you .