This man may not have had formal education but his eminently qualified economics. Nigerian institutions should plead with him as visiting professor or a lecturer as it refers to in Nigeria. Nigeria institutions should avail themselves of this man's immense knowledge. He is invaluable.
I went to one of the best business schools in Washington DC , in America. But I have learned so much more from Oga Cosmas than I learned from my best professors.
@@Just_Kelvis not in America. Most of my professors in business school were investment bankers . One even had a $300m hedge fund which he had sold to retire.
0:15 - Reputation 1:10 - You are a thief 1:40 - Worst sickness in life - Stress 3:15 - Suppliers credit 3:25 - Integrity 3:40 - Patience is faster 4:20 - Building TRUST for credit 6:45 - Breaking TRUST & REPUTATION 7:40 - Banks and the principle of MORE 9:50 - Reputation is so important 10:25 - First amount he borrowed #1,000 11:30 - A person of Character. Time keeping another way of assessment 12:45 - Observing people 14:00 - Supplier credit is the easiest way - No INTEREST 15:30 - Story of man who failed with Japans supply credit - Rochas Okorocha
Ogar Cos you are what you preach. I worked with DC, Kosdav and uncle mogb , God Bless u the more for the sacrifices you made to train generations unborn
Guys, this is Oga Cosmas Maduka, he has been around for a long time. Known him ( not on personal level but rather his business philosophy ) for over 30 years . Typical Igbo business sense. Very disciplined man to the point of rigidity and sometimes autocratic but his business principles are enduring and very effective.
I hear sir. Integrity really pays. My mom used the supplier credit method and it worked for her. She was consistent in returning their money back to them. Thank you sir.
Wow Wow Wow Just Wow This Is One Of The Best Videos I Have Ever Seen In My Entire Life Business wise This Man Is Truly A Blessing For Those Youngsters Trying To Follow Entrepreneurial Path May God Continue To Bless And Expand His Coast And Success
That's the initial sacrifice you need to make. You are building trust. As time goes on, they will reduce the price or other suppliers will notice your turnover and come calling. It is simple. But it needs a lot of patience
Yes not all goods u can get on credit mostly in this current situation, even coscharis in this current situation can't give his goods on credit knowing that dollar rate might increase, where this idea works well is where economy is stable, I use this idea on 2015 to raise capital bcos good luck Jonathan era was stable by 2018 all this my supplier didn't want to give me goods on credit telling to buy at cash any amount I have.
Supplier credit is given if you have been patronizing that supplier previously and consistently for a period of time... Now, the supplier knows you and can be ready to take a risk on you by giving you the Power Generating Set on credit. We hope this was helpful
Mazi Cosmos Maduka Examplary Nigerian. I'd rather listen to this wealthy man than Dangote Dangote is not smart.. just government and Almajiri money funded
This man may not have had formal education but his eminently qualified economics. Nigerian institutions should plead with him as visiting professor or a lecturer as it refers to in Nigeria. Nigeria institutions should avail themselves of this man's immense knowledge. He is invaluable.
Harvard
They will not...the higher institutions in the country will not do that...too much pride
I went to one of the best business schools in Washington DC , in America. But I have learned so much more from Oga Cosmas than I learned from my best professors.
Such an excellent human being
Most of the professors don't have experience in business. They pour what they read as well.
@@Just_Kelvis not in America. Most of my professors in business school were investment bankers . One even had a $300m hedge fund which he had sold to retire.
@@thetravelerwonderfulworld9854 that's nice. However, in most African countries, how many run a business?
@@thetravelerwonderfulworld9854❤😊
Wisdom beyond imagination, full MBA course in 40 mins
0:15 - Reputation
1:10 - You are a thief
1:40 - Worst sickness in life - Stress
3:15 - Suppliers credit
3:25 - Integrity
3:40 - Patience is faster
4:20 - Building TRUST for credit
6:45 - Breaking TRUST & REPUTATION
7:40 - Banks and the principle of MORE
9:50 - Reputation is so important
10:25 - First amount he borrowed #1,000
11:30 - A person of Character. Time keeping another way of assessment
12:45 - Observing people
14:00 - Supplier credit is the easiest way - No INTEREST
15:30 - Story of man who failed with Japans supply credit - Rochas Okorocha
Even Robert kiyosaki has never explained it like this
I swear
Ogar Cos you are what you preach. I worked with DC, Kosdav and uncle mogb , God Bless u the more for the sacrifices you made to train generations unborn
Guys, this is Oga Cosmas Maduka, he has been around for a long time. Known him ( not on personal level but rather his business philosophy ) for over 30 years . Typical Igbo business sense. Very disciplined man to the point of rigidity and sometimes autocratic but his business principles are enduring and very effective.
Enjoyed this.
Lessons
1. Patience will take you faster than success
2. Build your integrity first and guard it jealously
3. Focus
At the core of his business is his personal principle of Fear of God. He is highly principled and respected man like Peter Obi ❤
😢
I love this man's mentorship. He is not only a born entrepreneur. He is a born teacher!!! I learned something today!!!
From Tanzania.Very important Lessons
So much wisdom right here. I hope young entrepreneurs heed to this. God bless you more Sir
Dr maduka has been making sense from time inmemorial. Reputation is important.
I hear sir. Integrity really pays. My mom used the supplier credit method and it worked for her. She was consistent in returning their money back to them. Thank you sir.
Patience is the key to success for financial growth and expansion 👍👍👍
Thanks to God I'm seeing this. Hope more people see this.
I wish I met Dr Cosmas before going into business. I wouldn't have been in a debt today.
The scares commodity is integrity.
Mr Maduka is the real deal
Patience will take you faster to success...
I love the boldness and courage dwindle money has wings to fly
this is the greatest business advice u can ever get
Dr. Cosmas has just taught me what no university or MBA will ever teach you in 5 years.Thank you for this amazing interview.
Many people learned this in the university. You just didn't learn.
Calm down na😂😂@@obimd2606
I love what you are doing Irene
Experience is an asset
This is experience
Excellent businessman and good communicator
This has changed my life.
Wow Wow Wow Just Wow This Is One Of The Best Videos I Have Ever Seen In My Entire Life Business wise This Man Is Truly A Blessing For Those Youngsters Trying To Follow Entrepreneurial Path May God Continue To Bless And Expand His Coast And Success
Wealth of knowledge being released to the masses. Thank you Sir.
I love the capitalist mindsets.
Baba have said it all
Tradeline is what Americans call it ... great illustration ..smart business man
Great idea Sir.
Supplies credit is my power.
And clients upfront payments is my booster 😊
Can You Pls Expantiate More On Client's Upfront Payments Sir
I tried to explain but the comment is not going.
@@famihanbabanla4863
Hello
@@williamkamara5034 k boss thanks I really appreciate your efforts I will use the search engine
The summary; in other to get a customer credit, you must have 2 qualities viz; consistency and Integrity
Sir God bless you for educating us how business is been done to achieve our goals in life thanks
I can't explain how much I have learned from this man Dr Maduka, more wisdom sir
So much clarity!!!
This is wonderful. Thank you Lady Irene for the interview
Thank you for this great session and the priceless insight shared 🙏
Reputation is important
God bless you Sir. I have learned a lot today.
Bank will collect money from the poor man and give to the rich man" (Chief Maduka). That's very true. Matthew 13:12.
Wisdom of the nature
Woohoo SUPPLIER CREDIT, VERY IMPORTANT
This is something I have been wanting to understand, thank you so much for this wizdom
I have learnt so much from you, sir.
Nice teaching and learning
THANK YOU DADDY FOR THIS PIECE
Integrity is key indeed. Thank you sir for this wonderful teaching.
Real igbo man
Good business insights
This is a lecture, just that its highly educative and also super interesting..!
Thanks so much for all you do sir
Thank you, Sir , for your insights
But the price they give us those goods when we don't have money at hand is very alarming, what do we do in that situation ?
That's the initial sacrifice you need to make. You are building trust. As time goes on, they will reduce the price or other suppliers will notice your turnover and come calling. It is simple. But it needs a lot of patience
Don't forget that you are making money for the supplier. They need to move their merchandise and fast
I have learnt a lot hearing from you sir
Supplier's credit
3yrs later.....😢
Wonderful man I have to say.
Awesome.
Suppliers' credit...
Great
Woow!!!
Supplier's credit here I think should be sequel to the type of commodity being traded
Yes not all goods u can get on credit mostly in this current situation, even coscharis in this current situation can't give his goods on credit knowing that dollar rate might increase, where this idea works well is where economy is stable, I use this idea on 2015 to raise capital bcos good luck Jonathan era was stable by 2018 all this my supplier didn't want to give me goods on credit telling to buy at cash any amount I have.
A mans secret is in his story.
Very insightful!
🙌🏼🙌🏼
So helpful❤
But for some of us who don't have suppliers?
You look for them. They will not come to your room and wake you up.
Very true
Integrity = Trust
How do I get a supplier credit of a power generating set, to run my newly purchased equipments for confectionary products?
Supplier credit is given if you have been patronizing that supplier previously and consistently for a period of time...
Now, the supplier knows you and can be ready to take a risk on you by giving you the Power Generating Set on credit.
We hope this was helpful
Miss matched capital...
Mazi Cosmos Maduka
Examplary Nigerian.
I'd rather listen to this wealthy man than Dangote
Dangote is not smart.. just government and Almajiri money funded
Coscharis drag you... 😅
He is a no nonsense man
Borrowing and you are not sure how you will be able to pay that money it can cause your life a big illness
U don't borrow when u can't pay
But he said Suppliers Credit SC. Or did you not watch to them end?
Start buying small with what you have but gradual process because you are consistent you ask for credit then it can be given to you .
The scares commodity is integrity
I learn a lot today, God bless you sir.