Why do religious scams work?

I have been pondering this question since I saw a documentary on Bushiri/Mboro/TB Joshua.

I think it's because humans seek SIMPLE answers to COMPLEX problems.

- A short thread.
Why am I not financially successful?

Complex solution:

- Maybe I need to develop more skills.
- Maybe systemic (country-wide)issues are responsible.
- Maybe I need to save more.
- Maybe, I need to start a side gig

Simple solution:
- I need to pray harder (enemies!).
Why am I struggling to hold down a relationship?

Complex solution:

- Maybe I need to be friendlier.
- Maybe I need to meet more people.
- Maybe I need to dress better.
- Maybe, I need to have realistic expectations.

Simple solution:
- I need to pray harder (enemies!).
Why am I always sick?

Complex solution:

- Maybe I need to eat better.
- Maybe I need to rest more.
- Maybe I need a second opinion.
- Maybe, I need to get an annual checkup.

Simple solution:
- I need to pray harder (enemies!).
It's easier to find and repeat one single solution to ALL problems than to explore multiple possibilities.

These scam artists tell the vulnerable that there is ONE simple solution to ALL their problems.

It's a good scam cos it works.
Prayer is good.

Research shows CLEARLY that praying/meditation offers multiple positive benefits.

But God gave us brains for a reason. We need to use that grey matter to explore multiple options and select the best ones.
If someone offers you a simplistic solution to ALL problems and makes himself the key intercessor between you and God, I can guarantee you it's a scam.

You don't need any MAN to approach God on your behalf. You don't need any MAN to tell you what to do.

HE LIVES IN US.
This has somehow become a long thread - apologies.

Just one final word.

Religious scam artists tell you they are your bridge to God. So you need their oil or water or spiritual merchandise to reach God.

Christian leaders tell you how to get to God with/without them.

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More from @tayooye

6 Apr
Media net worth of White households in Boston = $247,500.

Media net worth of Black households = $8.

Your eyes are not deceiving you; it's $8.

There are obviously systemic issues at play here but we (black people) need to take generational wealth-building a lot more seriously.
This may be a factor:

Blacks spend 30% more than Whites of comparable income on visible goods like clothing, cars, and jewelry.

The typical black and Hispanic household spent $2,300 more per year on visible items.

knowledge.wharton.upenn.edu/article/conspi…
The key drivers of the wealth gap are institutional racism /decades of slavery/post-slavery discrimination.

But we can do better.

We need to focus on growing our income, saving more of what we earn, and setting up a generational wealth model to give our kids a better future.
Read 5 tweets
17 Feb
Money vs. Life.

- A thread

___

An investment banker went to Bali, Indonesia on vacation.

He visited a small, fishing village and sat down to talk to the fishermen.

He told them about his 12-hour workdays, his six-figure salary, and the prestige of working on Wall Street.
"In 30 years, I will be worth a few million dollars and retire", He added. "After retiring, I will move to a place like this and buy a nice house and fish all day and sleep whenever I feel like sleeping and wake up whenever I feel like waking up and enjoy a quiet, peaceful life.
The fishermen were confused.

They looked at him weirdly and asked, "Why then do you have to work as a slave for 30 years so that you can live our current lifestyle?"

Hmm hmm hmm...
Read 4 tweets
4 Feb
My first startup (LessonTab) failed.

Here are few lessons from the failure.

- A thread
My partner and I met in Atlanta.

We moved to Lagos, Nigeria to build a startup that would provide virtual education content to students across Africa.

LessonTab was born on October 1, 2011.
We hired a bunch of teachers, recorded hours of Maths, English Language, Science, and Social Studies lessons, and started trying to sell the idea of virtual lesson teachers to parents.

It was a new concept so we had to do a lot of demonstrations.
Read 13 tweets
2 Feb
Good leaders take the blame and share the credit.

- A short thread.
March 2017.

I was leading a firm in Johannesburg and got a call from one of our big clients in Cape Town that our team had messed up a major deliverable.

I rushed to Cape Town the next day to try and salvage the business. Unfortunately, the client fired us the following week.
I got back to the office in Joburg and went crazy. I called everybody to the conference room and read the team responsible for the loss the riot act.

Then I called the head office in Paris and told them that I messed up and lost the client.

Note: I told them "I" messed up.
Read 7 tweets
28 Jan
How I paid for my kids' university education before they turned 5.

- A THREAD
The year was 2010. We were in the middle of the great recession.

Stocks had cratered, real estate was selling for a penny on the dollar, and it seemed like the financial world was going to crumble.
I started studying real estate prices and noticed that it was just unreasonably cheap. And the fundamentals were still strong.

I was still at Oxford (MBA) and didn't have disposable cash so I started to borrow until I had enough to buy a small house just outside Atlanta.
Read 10 tweets
26 Jan
My 11-year old daughter created the following ads for @Overwoodng.

Here's my gentle criticism of her 4 efforts.

Ad 1
1. Logo - wrong colors, font, and weird capitalization.

2. You need a comma between "safe" and "high".

3. "We know money" - what does that even mean?

- THREAD Image
Ad 2
1. The Logo is wrong - wrong color, font, and weird capitalization.

2. Why is the logo upside down?

3. What's the message - parents be prepared for "anything"? what do you mean by "anything"? Image
Ad 3 - created by my 11-year old daughter.

1. Why is the girl so happy?

2. What's your call-to-action?

3. "We know money" again.

4. Logo, logo, logo.

5. Too much white space. Image
Read 6 tweets

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