SBL37 — Beyond Money

Welcome to SBL37 (Sycamore Business Lab): our periodic blog post where we address issues affecting you and your business.

Image for post
Image for post

Happiness isn’t only derived from acquiring wealth or satisfying needs and achievements. It is also derived by cultivating certain habits that build you internally because there would always be a never-ending need to acquire more. Money shouldn’t be sought after at the expense of your well-being, but rather for your well-being.

Take for instance this poll carried out by First Republic Investment Management on what matters most to Americans in 2017. When parents were asked of the…

Welcome to SBL036 (Sycamore Business Lab): our periodic blog post where we address issues affecting you and your business.

Image for post
Image for post

Information is as relevant as the time it is delivered. At Sycamore Business Lab, we take this to heart. In dealing with the economic fallout caused by the COVID-19, many small businesses are migrating to continue sales and operations online since they cannot be in their physical store outlets or afford to make physical contact with their customers. In addition to making this migration easier, seamless and worth it, Facebook came up with an amazing solution to this and was launched…

SBL35–5 books to make you a better investor

Welcome to Sycamore Business Lab (SBL) — Our periodic blog series where we blog about issues affecting you and your business, with emphasis on finance and business.

Image for post
Image for post

Famous author Neil Gaiman once said that a book is a dream you hold in your hands. So if your dream is to be a great investor, what do you think is the best way to achieve that? Yes, you guessed right, good books! Here is a very short list of some great books we think will improve your investment and finance knowledge:

Image for post
Image for post

Welcome to SBL34 (Sycamore Business Lab): our periodic blog post where we address issues affecting you and your business.

In our last post, we emphasized our preference for investments over savings. In this post, we will talk about 10 investment commandments. This is going to be a noticeably short post as we believe that these commandments pretty much speak for themselves.

Welcome to SBL36 (Sycamore Business Lab): our periodic blog post where we address issues affecting you and your business.

Image for post
Image for post

Following an article we published on April 22, 2020, about ‘securing your wealth and assets with finance’ this article serves as a continuation, to lay more emphasis on assets as an investment and why it is better to invest than to save.

In simple terms, investment means the practice of growing money. An investment is an asset or item acquired with the goal of generating income or appreciation. …

Welcome to SBL32 (Sycamore Business Lab): our periodic blog post where we address issues affecting you and your business.

Image for post
Image for post

The on-going pandemic has affected several industries in different ways. Video conferencing and remote work tools have no doubt gained popularity. Companies like Zoom have seen their stock price appreciate more than 100% since the beginning of the year. The aviation industry, on the other hand, is not doing too great and some airlines are already going bankrupt.

The healthcare industry has received renewed attention this period understandably. The situation is even more pronounced in Nigeria, where about 4% of the…

Welcome to SBL31 (Sycamore Business Lab): our periodic blog post where we address issues affecting you and your business.

Image for post
Image for post

Due to the on-going pandemic, many businesses are being forced to work remotely, regardless of whether it is a culture in the organisation. Even though the lockdown in Nigeria was eased from Monday, 4th May 2020, as we stated in our prior post, it is likely that many companies will continue to work from home for the foreseeable. Some predicted that the pandemic may be on for about 2 years. That’s a long time! …

Welcome to SBL030 (Sycamore Business Lab): our periodic blog post where we address issues affecting you and your business.

The significant roles played by Micro, Small and Medium Enterprises (MSMEs) in the development of any economy, especially in the under-developed and developing nations, cannot be overemphasized. Findings from these studies also provided pointers that MSMEs contribute about 45 per cent of employment and up to 33 per cent of the GDP in emerging economies and developing nations. …

Welcome to SBL029 (Sycamore Business Lab): our periodic blog post where we address issues affecting you and your business.
On 27th of April 2020, the President of Nigeria H.E. Muhammadu Buhari gave guidelines on the relaxed lockdown, permitting movement and continuity of some physical-economic activities within the hours of 6:00 am to 8:00 pm WAT.

This directive is to be implemented from the 2nd of May, 2020.

Image for post
Image for post

How does this affect you and your business?

The initial implementation of the lockdown caused some rancour as people feared the sharp contrasts and effects it will have on them economically and otherwise…

Welcome to SBL28 (Sycamore Business Lab): our periodic blog post where we address issues affecting you and your business.

On March 28 2020, we published an article on what the government was doing regarding the pandemic. In this article, we want to focus specifically on what the Central Bank of Nigeria (CBN) is doing.

Image for post
Image for post

The governor of the CBN Godwin Emefiele wrote an article in March 2020, titled “Turning the COVID-19 Tragedy into an Opportunity for a New Nigeria”

In the article, he outlined the policy responses the CBN would roll into three categories:

1. Immediate Term

The immediate term…

Sycamore NG

The official blog for Sycamore.ng. Your trusted P2P lending platform, which exists to financially empower businesses and individuals

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store