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AFRICABIZ VOL 1- ISSUE : 19
NOVEMBER 15 - DECEMBER 14, 2000
Previous Issue
Editor: Dr. Bienvenu-Magloire Quenum
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A WORD FROM THE EDITOR


Dear visitor and international investor,


We warmly welcome you, if this is your first visit to Africabiz Online - The ultimate newsletter on trading and investing in 49 sub-Saharan African countries. If you are a regular and faithful reader, welcome back.
If you are a regular and faithful reader, welcome back.

- COMPOUND INTERESTS' MAGIC OR EINSTEN'S RULE OF 72

We have all, as investors or entrepreneurs, read books about how to set up a business; how to manage it to make it profitable. In these books are given plenty of advises on how to manage personnel and staff; how to wisely invest our income to have a nest of revenue for our retirement; how to take risks in investing in stocks, gold, and futures etc. to become millionaire.

However, in all these books, there is always something fundamental not spoken about by the authors: the problem of saving. I haven't read, in most of business management books I got in hands, any hint about the problem of saving, until I come across Michael LeBoeuf's book: THE PERFECT BUSINESS. Published by Simon & Shuster.

If you are searching for a practical book full of tips and the right ropes to become financially independent for life, search no longer.

This is the only book you ever need to read and practice. It has been written by someone who knows perfectly what he is speaking about. The book is the summary of his personal experience. It accounts the ways and means he used to become a successful bestseller; a sought-after speaker for congress and enterprises' motivational-seminars. But as I said above, what interested me most in Michael LeBoeuf's book is the paragraph he devoted to saving.

We Africans lack savings; for many reasons which are too numerous to cover and develop in this article. Lacking savings, we are handicapped to become entrepreneurs. Most of the time, Africans would-be entrepreneurs have difficulties injecting the initial financing to create their companies and or assuming the operational expenses; and therefore they are not in good position to gaining the support of the banking system in their countries.

Michael LeBoeuf reveals Albert Einstein thinks that his most important discovery was the power of compounded interest and the Rule of 72; and not the atomic power deriving from his "Theory Of The Relativity". That rule 72 makes it so simple to become a millionaire for anyone who starts at a very early age to save small (real small) amounts of money.

For that paragraph alone it is worthy to acquire Michael LeBoeuf's book on how to make a million from home. It will teach any investor - and particularly African entrepreneurs - about the power of saving and how to educate their children to save and save.

Michael LeBoeuf's book will give you plenty of business ideas, teach you the ropes to efficiently manage your enterprise - home business or not. You will be motivated by sound advises on how to manage your time, how to keep yourself in good health etc. You will be guided on the road of acquiring financial independence; you will discipline your children to becoming millionaires.

Click here to buy Michael LeBoeuf's book. This is a small investment you won't regret.

Many thanks for dropping by and see you here next month.
Dr. B.M. Quenum
Editor of AFRICABIZ
Contact Dr. Bienvenu-Magloire Quenum

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BUSINESS OPPORTUNITIES IN AFRICA


We are still keeping BLUE GOLD on the promotional board for the simple reason that it is a tremendous "Income Building Power" / business opportunity for African countries. The implementation of BLUE GOLD can serve as a launching pad to boost the economic development of a country's regional territory as here exposed.

No other business opportunity, in the agribusiness sector, comes close to BLUE GOLD to generating a high return on investment in a very short span of time; that is to say one to two years.

The implementation on a very large scale of a BLUE GOLD operation is possible under a "Financial Guarantee" umbrella.

One could establish an intensive fishing activity - let's say tenfold the example given in the regional scheme - as the central operation of a diversified agribusiness exploitation; and borrow the financing needed - US $ 60,000,000 to 100,000,000 for the whole operation - under a "Financial Guarantee" umbrella. The return on investment generated by the fishing operation alone (US $ 72,000,000 for 10,000 metric tons of fresh products) will easily pay back principal and interests. Click
here to view figures.

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