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Dr Ola Brown Profile picture
Dr Ola Brown
@NaijaFlyingDr
Founder: @HealthCapAfrica | Featured: CNN, CNBC, Arise | Bridging the gap between healthcare and finance
16 subscribers
Sep 30, 2023 • 15 tweets • 2 min read
The concept of the "customer-funded business" by Professor John Mullins focuses on building and growing a business by primarily relying on customer revenues to finance its operations and expansion, rather than seeking external funding from investors or lenders. Image Here's a summary of the key principles and ideas associated with the customer-funded business model:
May 13, 2023 • 8 tweets • 2 min read
I have always thought I needed to brush up my accounting, but I have realised that most people actively investing and running businsses on twitter have NO idea abt the most basic concepts.

Pls I take God beg you. Read this #thread.
May 12, 2023 • 8 tweets • 2 min read
A 6 foot man earning $63k is as desirable to women as a 5'6" man who earns $240k

The average woman is ready to sacrifice nearly $200k in salary for those extra 6 inches in height. Image Source: Don't trust your gut
May 12, 2023 • 4 tweets • 1 min read
What to know about the new CEO of twitter and hence our new landlady Ms Linda Yaccarino (@lindayacc) Yaccarino was chairman of global advertising and partnerships at NBCUniversal (NBCU), where she worked for more than a decade and manages a global team of 2,000 people who have generated more than $100 billion in ad sales, according to her company profile
May 11, 2023 • 14 tweets • 1 min read
If you fly frequently, you know the drill.

When you arrive at the airport, police ask you for your passport and ticket before entering the airport. Then you scan your luggage. After this NDLEA call you for a physical search of your luggage.
May 9, 2023 • 10 tweets • 2 min read
1. Polygamy
2. Lack of sucession planning
3. No external investors
4. Poor corporate governance
5. Poor family office structuring

Indian and Lebanese businesses do fine some are 3rd/4th generation in this same Nigeria.
May 5, 2023 • 6 tweets • 2 min read
Amazon are the masters of this idea of converting cost centres to profit centres.

For example, they realised that were spending billions with delivery companies like DHL and FedEx. Image By developing their subscription service "Prime" they were able to sustainably build their own logistics infrastructure, just like Toleram.

This helped them deliver cheaper, faster and more profitably to their customers.
May 4, 2023 • 14 tweets • 3 min read
Interesting how a small delay, plus African Air logistics made my life a whole lot harder over the past week +

Surgery that I had been avoiding for years due to time constraints finally scheduled for the Sat 22nd of April. However, unfortunately doctors assessment was that I need a few more days of medication so surgery was delayed till Monday 24th. That's how wahala started because I plan my work schedule/meetings in advance.
Apr 30, 2023 • 4 tweets • 1 min read
Two baby girls have been born after being fertilized by a robot, marking a breakthrough in infertility treatments. The startup behind the robot, Overture Life, aims to automate IVF and make it more affordable and accessible The experiment was undertaken in New York's New Hope Fertility Center last spring. There, the scientists put their robotic fertilization instruments together, assembling a microscope, a mechanized needle, a tiny petri dish, and a laptop.
Apr 21, 2023 • 34 tweets • 6 min read
Disclaimer. There are plenty of personal finance gurus on twitter, that's not me.

For this thread to make sense to you, you will probably need to be managing significant funds or helping someone else manage significant funds as an advisor. However, comrades who will be mounting flying bikes from our muster point in Alimosho to overthrow the Ikoyi bourgeois, please pay attention.

As after the revolution there will be significant funds coming your way. 😭😭😭😭
Apr 20, 2023 • 7 tweets • 2 min read
Gentle reminder than female breadwinners are actually more likely to be victims of domestic abuse.

Turns out that the more money you give a man, the more likely he is to beat you because of it. The chance of a woman experiencing domestic violence surges by 35% when she earns more than her male partner, new Australian research reveals.

SBS News reports that female breadwinners were also 20% more likely to suffer emotional abuse at the hands of their partner.
Apr 19, 2023 • 4 tweets • 1 min read
My friends textile company vs Flutterwave

A friend is raising money for his textile factory in the North of Nigeria which does over $50m in revenue.
Flutterwave; a Nigerian technology company in the payments space was making this amount in revenue when it was valued over $1bn. Image Many fintech companies like Flutterwave aren't profitable when they raise money at these large valuations.
Apr 19, 2023 • 4 tweets • 2 min read
The ability of a country to "make things" according to this Harvard Professor, is most important factor when it comes to development.

He explains how in 1962, Ghana and Thailand had roughly the same levels of export productivity and know how. Image Ghana also had the advantage of investing more in education and should have found it easier to build global trade relationships due the fact that English is the lingua franca.
Apr 18, 2023 • 5 tweets • 1 min read
Tom Nicholas from the Harvard business school, as well as many others think that the origins of a ‘venture capital’ like structure came from whale hunting in the 1850’s. At that time, wealthy merchants and blacksmiths would invest in certain whaling expeditions, even though they had an incredibly high chance of failure.
Mar 26, 2023 • 7 tweets • 3 min read
Are you in full time work, but looking to take an online/distance Msc in Finance at a tier 1 university? Check out some options here: Kings College London

kcl.ac.uk/study/postgrad…
Mar 26, 2023 • 5 tweets • 1 min read
Just to keep comrades updated.

Two major things have happened to me since I landed in America 1. I have come to the conclusion that it's hard for me to understand Atlanta accents. It took me so long to order a bagel and a drink because I was saying "excuse me" /"come again" so many times.
Mar 25, 2023 • 6 tweets • 1 min read
Enjoyed speaking at Ecclesia Hills Church at their "Open for Business" conference. Spoke about 4 personalities from the Bible that have influenced my entrepreneurial journey they are:

1. Luke the physician (predictable, I know)
2. Joseph; an Economist & civil service super star
3. The daughters of Zelophahad
4. King Solomon
Mar 11, 2023 • 30 tweets • 5 min read
Long thread on bail ins vs bail outs to help you understand the options open to the government when systemically important banks like Silicon Valley Bank fail. Why save them in the first place?
Financial institutions that are classified as ‘too big to fail’ (TBTF) are financial institutions that are large and interconnected within the financial structure of a country/internationally.
Mar 10, 2023 • 7 tweets • 2 min read
I don't think people are worried about the sacrifice. People are actually more worried about the fact that the sacrifice probably statistically won't pay off. People will work hard for Mckinsey & Co or Pwc or Goldman, because there is a higher probability that the sacrifice will pay off.
Mar 10, 2023 • 16 tweets • 3 min read
Many people have reached out to me as they want to understand what's happening at Silicon Valley Bank 🏦 and are confused about the nature of bank runs. When I am explaining, the main point I make is that practically NO bank in the world has all the deposits that are needed to pay back every single depositor in a vault somewhere
Mar 5, 2023 • 8 tweets • 2 min read
There are really 3 elements to personal wellness. Mind, movement and Nutrition. Your mind is one of your most valuable assets. Being able to focus, think clearly and make good decisions is important.