Introduction: The "Lazy" Way to Make Money

The word "EntrepreNoir"

entrepreNoir(entrepreneur) n. The owner or manager of a business enterprise located in black Africa who, by risk and initiative, attempts to make profits.


The newspaper as a resource.

"In reality money by itself has very little value. So as soon as I have
money
I want to exchange it for some thing of value"
- Robert
Kiyosaki

One of the objective of this web log is to educate young people about investment opportunities available in Nigeria, most of which can be picked up in the daily newspapers and certain weekly newspapers. The reason our main resource will be the papers is to show that certain investment opportunities are clearly presented to the general public and if at this point you have no such investments and the resulting portfolio income, then it is obviously due to your own misappropriation of your money.
Some of my own resources are as follows:

1. Business Times

2. Financial Standard

3. Stockswatch

4. Sunday Punch

A virtue called Laziness.

We would be concentrating mainly on stocks for the same 'Simplicity' reasons, because it is relatively easy to invest in stocks. Stocks give room for a certain amount of laziness.
Sometimes when I tell people that laziness could be a virtue, at first they think I'm strange, then I tell them that the remote-control was probably a result of laziness: Somebody was probably tired of getting up all the time to change channels and increase the volume on the TV console, So he/she sat down and "Thought" of a way to stop the 'unnecessary' trips to the console and before you know it you have the remote control. Thus there is definitely creative laziness which fosters innovation and results in automation.
Some other examples of creative laziness are:

a. Computer programs (used to automate everything from banking activities to the distribution of electricity)

b. Forklifts (used to automate the movement of heavy objects)

c. Cars (which shortens the time expended between different destinations) etc.


The lazy way to make money.

It’s too easy to get rich legally to ever risk going to jail for something
illegal
- Rich Dad (Cash flow Quadrant)

Therefore there had to be a lazy way to make 'True' money legally. A way that only required one to sit down and read the papers or books on financial education or this blog :-) I came up with two options (if you have any more please inform us all):

i. Investing in stocks and mutual funds
ii. Internet businesses

Please note that my definition of laziness involves reading and thinking and excludes many forms of what people term as hard work today. For example I won’t willingly do the dishes, neither would I sweep nor do a paint job. These things take time and what’s the use; there are many “hard working” people ready to do these for a fee or even free. I’d rather read the financial papers, calculate EPS’ and compare companies in a particular industry thus deducing the limit of my investments. That’s “Laziness”!