Working capital

This term means current assets minus current Liabilities.

Working capital measures how much liquid in liquid assets such as cash a company has available to build its business. 

The number can be positive or negative depending on how much debt the company is carrying.

In General the company that have a lot of working capital will be more successful since they can expand and improve their operations. 

The companies with negative working capital may lack the funds necessary for growth.

Self Employment Definitions

Self employment refers to launch one`s own business, sometimes even while still working or doing part time job (Whiteling, 2009),

A self employed person is a person with no boss, but has a market as his or her own boss
(Balkin, 1989).

Self employed person can be found in all occupation including farmers,craftsmen,shopkeepers,lawyers,doctors,architects,entertainers,sportsmen and women,computer programmers and analysts, among others
(Blanchflower,1998)

Micro-Entrepreneurs at work

                   Bajaj is one of the prominent means of transport in the developing world

                                  Bajaj can carry people and their luggages at the same place

Steve Jobs and Steve Kanumba-The entrepreneurs

Steve Jobs(Apple Inc Founder)
Born out of wedlock;Put up for adoption at Birth.Dropped out of college.He changed the world and left us with knowledge and technology that will be valuable to generation to come.

Kanumba (Kanumba the great production, Founder)was iconic film player and maker in Tanzania,began acting in the 1990s in church productions  In 2002, In 2011 he was named an Oxfam GROW ambassador.Shortly before he has been preparing for his Hollywood Film.

He impacted his world at the very early age and he died early at the age of 28.

Steve Jobs and Steve Kanumba -The entrepreneurs!!

Both bear the name Steve and are both entrepreneurs.The world people wished they could live longer because of the impact they produced.
Both proved that for one to be influencial,it is not necessary that a person should  be a politician.Both did not have college degrees yet,they impacted their world.

They left behind products that will live for generations to come.Their names will never be forgotten in history.

The probable reason why poor people are poor

Poor people stay poor because no matter how much money they earn,they spend every penny.

Think about this,How many raises in pay have you got since you started working?

The reason you are not rich now is because you found a way to blow those raises instead of building with those raises.

your friends!!

SHOW ME YOUR FRIENDS AND I CAN SHOW YOU YOUR FUTURE. Your friends are the gatekeepers to your future. Friends AFFECT your wisdom; INFECT your moods; REFLECT your destiny. Friends determine the wisdom you open or shut your heart to. Some friends are toxic. SOME FRIENDS ARE NURTURING. May the Lord separate you from toxic relationships. May He surround you with nurturing relationships. STAY POSITIVE. LIVE WISELY.

-mensa Otabil 2011