Nua Universal

Maths of Wealth
Reading Time: 2 minutes

Today, we discuss the mathsof wealth and attempt to answer one key question: how to get rich. But first, let’s consider the fine print: there’s more than one algorithm to wealth, and there are many paths taken by people like Jay-Z, Warren Buffett, and Vladimir Putin. I’m a self-made entrepreneur, and I’ll share what has worked for me and what I teach my students.

First, it’s important to acknowledge that the circumstances of your birth significantly impact your success and failure, which often isn’t your fault. There’s a common misconception, especially in technology, that conflates luck with talent. As a white male growing up in the USA in the 70s and 80s, I had advantages many did not. I received a nearly free education and entered the professional world in the era of the internet.

So, what is the algebra of wealth? From my experience, it comes down to this formula: Focus + (Stoicism x Time x Diversification).

Focus

People often mistake a lack of focus for a lack of talent. While talent and intelligence are correlated with wealth, they aren’t as powerful predictors of success as determination and focus. Find something you’re great at, something you can do better than most, and something people will pay you for. It may not be your passion initially, but excelling in it will make you passionate about it. Position yourself for success by getting certified, moving to a city where you can compete with the best, and identifying growth industries and themes.

For example, I’ve benefited from the e-commerce wave by starting an e-commerce firm, advising big firms on their e-commerce strategy, and investing heavily in Amazon. The next big waves of opportunity include the dispersion of healthcare, work, education, and fintech.

Relationships

Investing in the right relationships is crucial. The most important economic decision you’ll make is choosing your partner. Married individuals experience significant net worth increases compared to their single counterparts. However, marriage is a bet on a lifelong partnership, and divorce can be costly. Maintain a relationship by not keeping score and bringing forgiveness, generosity, and engagement to the table.

Stoicism

A key task of stoicism is to determine what is within your control and what is not. Living below your means is essential for financial freedom—it’s not your salary that makes you rich, but your spending habits. Anyone can make money, but holding onto it is challenging. Wealth isn’t about being a billionaire; it’s about financial discipline and character.

Avoid conflating consumption with investment. For example, upgrading to first class or constantly checking social media for affirmation are not investments in yourself. Recognize the difference between activities that cost money for fun and those that enhance economic security. Show discipline and modulate your desires.

Time

In the long term, time is your ally; in the short term, it’s your enemy. The amount of time we have is beyond our control, so don’t squander it. Invest early and make it a habit, leveraging the power of compound interest. For example, starting to invest at 20 and stopping at 40 can yield significantly more wealth than starting at 40 and stopping at 65, even if the investment amount is the same.

Remember, it’s time in the market, not timing the market, that counts.

In conclusion, the algebra of wealth involves focusing on what you can control, investing in the right relationships, embodying stoicism, and leveraging time. By following these principles, you can position yourself for long-term financial success.

Ponzi Schemes: Top 10 Weirdest Schemes
Reading Time: 8 minutes

A hundred years ago, in 1920, Charles Ponzi became famous when his investment scheme based on postal reply coupons collapsed. Ponzi promised to double investors’ money in three months. At his peak, he brought in more than two million dollars per week at his offices in downtown Boston. Then, his house of cards came crashing down. A Ponzi scheme is a form of fraud where investors are lured in by the promise of high profits. They work by paying earlier investors out of the money that comes in from more recent ones. The scheme works as long as there is a constant flow of new investors or if old investors don’t take their money out. Charles Ponzi did not invent this scheme, but due to the notoriety of his case, this con, which used to be called the robbing Peter to pay Paul scheme, was renamed the Ponzi scheme.

Around 90 years later, Bernie Madoff was all over the news headlines for the exact same reason. Madoff had taken the Ponzi scheme and ran it on a much larger scale. Prosecutors estimated that the fraud was worth 65 billion dollars. While Ponzi’s scheme burned out in less than six months, Madoff’s scheme lasted for 20 years. While many are familiar with Madoff, few realize that dozens of Ponzi schemes are uncovered every year. The true toll of these Ponzi schemes on the economy is unknown, but whenever you’re being pitched something that seems too good to be true, odds are it is.

Lots of Ponzi-type schemes are being pitched in video adverts on YouTube every day. Because there are so many of these scams, I’ve put together a collection of the strangest 10 Ponzi schemes. There are some really crazy schemes out there. If there’s one you think I should have included that I didn’t, let me know in the comments below.

Coming in at number 10 is the Yilishen Tianxi Group, a Chinese company that sold traditional Chinese medicine products made from ants. More than a million people invested by buying and raising boxes of Black Mountain ants with the promise that they could sell the ants back for a profit. The scheme was endorsed by many Chinese celebrities before it was exposed as a Ponzi scheme in 2007. During the life of the scheme, the founder was praised by several members of the Chinese government as one of the country’s entrepreneurial leaders. Wang Zhendong, the company’s founder, promised returns of up to sixty percent per year for buying kits of ants and breeding equipment from two companies that he had set up. The boxes at the heart of the ant farming business were all made out of cardboard with a 2-inch square plastic window and a small feeding hole, held together with duct tape, making them look like the work of a child. In exchange for their money, ant farmers were given the boxes, some ants, and a list of strict feeding and care instructions. The company would come and pick up dead, dried ants every 74 days. Under no circumstances were the ant farmers to open their boxes and look inside, to ensure that the special ants weren’t mixed with inferior ants.

Wang promoted his products through advertising, and over an eight-year period, the company recruited as many as 1 million would-be ant farmers, collecting about 1.2 billion dollars. Most of the victims invested with the company because of its close ties with the government and due to endorsements by prominent officials. Wang was arrested after a riot that saw more than 200,000 protesters outside the company. Prosecutors told the court in northeast China that one investor had committed suicide after realizing he had been tricked. Only 1.28 million of the swindled money was recovered by the time the case was filed with the court. The intermediate People’s Court ended up sentencing Wang to death.

Number 9 is another exotic Ponzi scheme, this time based in India, where thousands of citizens were duped out of an estimated 50 million dollars. The scheme promised steady returns supposedly generated not from stocks, bonds, or even ant farms, but from raising emus, which are kind of like ostriches. MS Guru operated Susi Emu Farms, which promised investors a weekly return of a hundred and twenty dollars in exchange for a three thousand dollar investment that supposedly purchased a baby emu. Susi Emu Farms took on the obligation of raising the emu, and investors were told that the returns were possible because of the alleged value in emu meat and oil. Yes, that’s right, emu oil. The dependable returns, along with advertising featuring popular Indian film stars, caused the scheme to spread like wildfire. In total, authorities estimated that Susi Farms took in more than a hundred million dollars from at least eight thousand investors. The truth was that neither the meat nor the oil from emus was valuable. When incoming investor funds were not enough to sustain the growing obligations to existing investors, the scheme collapsed and Susi Farms executives fled town.

In an unusual turn, when it was revealed that at least a hundred thousand emus were abandoned and left to starve, the Indian government was forced to step in and purchase two hundred thousand dollars in emergency rations to feed the emus. Hopefully, they made some of that money back from emu oil. MS Guru was arrested by Indian authorities in 2012 and charged with conspiracy and cheating after the scheme unraveled.

Next up is number 8. In the 1990s, if you were young, gifted, and financially secure in Hollywood, there was a good chance that Dana Giacchetto was managing your money through his company, Cassandra. Dana’s clients included A-list stars such as Leonardo DiCaprio, Cameron Diaz, Matt Damon, Ben Affleck, and the cast members of the popular TV show Friends. He often partied in the hottest nightspots until 5:00 in the morning, often with a cockatoo perched on his shoulder to add to his cachet. Giacchetto had formed a separate hundred million dollar venture capital partnership with Chase Manhattan Bank, a Wall Street credential guaranteed to impress his glittering investors.

Before things went wrong, he was involved in legitimate deals, including brokering the sale of 49% of the record label Sub Pop, which was Nirvana’s original record label, to Warner Music Group for twenty million dollars. Cassandra turned out to be running an elaborate Ponzi scheme, taking the money new clients invested and putting it into deals gone bad in order to bail out older investors. I would argue that probably the biggest giveaway that something was wrong with these investments was quite simply that the man selling them had a cockatoo on his shoulder. If someone dresses like a pirate, it’s probably reasonable to treat them like a pirate. Leonardo DiCaprio actually lived in Dana’s Soho loft for months at a time in 1998 and 1999, becoming more and more swept away in reflected glory.

Dana began to grant press interviews, which marked the start of his unraveling. In the spring of 1999, in the presence of a reporter from The New York Times Magazine, he called out “get me Leo.” At the time, there was no one else in the room. Giacchetto began popping up in the gossip columns, even getting grouped in with Jeff Bezos and Michael Dell in an article called “The New Mini Maxi Moguls.” The LA Times reported that Giacchetto’s partnership with Chase had ended abruptly and that big-name clients including DiCaprio, Diaz, Affleck, and Damon had taken their money out of Cassandra. Rumors of an impending scandal swirled. The New York Observer caught Giacchetto in several lies: he had not dropped out two credits shy of the Harvard MBA as he claimed; in fact, he had taken only extension courses at Harvard and had failed a trader’s exam administered by the National Association of Securities Dealers. He did not have 400 million to manage as he had often stated in the press; it was actually closer to 100 million. In 2001, he was found guilty of misappropriating between five and ten million dollars of clients’ funds and was sentenced to 57 months in prison.

Coming in at number 7, we have a Florida man who went a bit too far in relying on the heavens for riches. Buddy Persaud was arrested and charged with operating a Ponzi scheme that promised risk-free returns derived from investing in the futures markets and other markets. His trading strategies were based on lunar cycles and the gravitational pull between the earth and the moon. Persaud worked for a Florida broker-dealer and also operated the White Elephant Trading Company, which he registered with the state of Florida under the names of his family members to avoid scrutiny from his employer. He solicited investors by promising risk-free annual returns of up to 18% and telling them that he was able to generate such gains through trading in futures and other markets. Unfortunately, Persaud’s astrological trading signals ended up generating more than $400,000 in losses. In addition, investor funds were used to support his lavish lifestyle. Persaud was sentenced to three years in federal prison.

At number 6, Florida authorities once again arrested four people and charged them with orchestrating a seventy-million-dollar Ponzi scheme that promised huge returns to investors who thought their returns were coming from investment in a virtual concierge machine. Investors were told that an investment in JCS Enterprises involved the purchase of a virtual concierge machine that resembled a bank’s ATM machine and allowed users to view advertisements for products or services. Investors were told that their machine would be placed in a business where it could generate lucrative profits, allowing the payout of annual returns of 80 to 120 percent. One of the ways investors were solicited to invest with JCS Enterprises was through the placement of videos on YouTube. The video promised that the VCMS would generate income for years. The alleged mastermind was also accused of soliciting investors via emails that included a Bible passage intended to create a false sense of security and appeal to the religious beliefs of investors.

At number

5, a lot of Americans are obsessed with their lawns. That’s why it should come as no surprise that there are a few Ponzi schemes out there focused on this green pastime. Those running this particular Ponzi scheme decided to focus on an expensive alternative to lawn care. Miami Beach residents Enrico Nardelli and Enrico Taurian were the founders of SJK Investment Management. SJK solicited money from investors by telling them that it was actively engaged in the trading of international bonds, including Australian and New Zealand bonds. However, Nardelli and Taurian were instead using the money to fund the operations of their business, World Wide Funding, which imported specialized grass from Italy. The grass was promoted to local governments and athletic organizations. The pair was able to raise more than 200 million dollars from investors. Nardelli and Taurian were found guilty in 2004 and each sentenced to 10 years in prison.

Coming in at number 4, we have the ponzi scheme of an Israeli man who claimed to be able to make people rich by trading diamonds. In the late 1990s, David Brookman promised investors risk-free returns through diamond trading. Brookman took in more than 15 million dollars, using a complex web of more than a dozen different entities to give the appearance that he was engaged in the legitimate business of diamond trading. In reality, Brookman was taking new investor money to pay older investors and fund his lavish lifestyle. When Brookman’s scheme began to unravel, he fled to the United States, where he was eventually arrested by the FBI in 2004. Brookman was extradited to Israel, where he was found guilty and sentenced to six years in prison.

Number 3 is an American Ponzi scheme that promised huge returns through investing in a “revolutionary” new type of water. Wayne Ogden was sentenced to 10 years in federal prison for his role in a 60 million dollar Ponzi scheme that defrauded more than 500 investors. Ogden operated Mountain West Resort Development and told investors that their money would be used to develop real estate properties. However, in reality, Ogden was using new investor funds to pay older investors and fund his lavish lifestyle. He also claimed that his investments were based on a new type of water that had been discovered in the mountains of Utah and was being marketed as a revolutionary new health product. When Ogden’s scheme began to unravel, he fled to Mexico, where he was eventually captured by authorities and returned to the United States.

Next, we have a Ponzi scheme that was based on the promise of high returns from investing in coffee shops. Patrick Daley was sentenced to 20 years in federal prison for his role in a 60 million dollar Ponzi scheme that defrauded more than 1,000 investors. Daley operated The Coffee Shop Chain, which promised investors high returns from investing in coffee shops. However, in reality, Daley was using new investor funds to pay older investors and fund his lavish lifestyle. When Daley’s scheme began to unravel, he fled to Brazil, where he was eventually captured by authorities and returned to the United States.

Finally, at number 1, we have a Ponzi scheme that promised investors high returns from investing in cattle. George Lindell and his partner Michael Rivera were sentenced to 20 years in federal prison for their role in a 40 million dollar Ponzi scheme that defrauded more than 200 investors. Lindell and Rivera operated the Investment Group, which promised investors high returns from investing in cattle. However, in reality, Lindell and Rivera were using new investor funds to pay older investors and fund their lavish lifestyles. When Lindell’s and Rivera’s scheme began to unravel, they fled to Argentina, where they were eventually captured by authorities and returned to the United States.

Is Artifical Intelligence over-rated?
Reading Time: 4 minutes

Artificial intelligence. Where do we begin? Perhaps by asking if it will steal all our jobs. Or maybe by having ChatGPT write this script for us. Or we could just watch a video of AI Drake singing “Chicken Fried” without ransom beneath the shade of a Georgia pie. And that’s home, you know. I’ve seen that 1,200 times. But instead of doing any of that today, we’re going to examine artificial intelligence through the lens of an immense force. I’m talking about hype. Today, we investigate.

The Good Work Dictionary of Business Terms defines hype as the propulsive force by which the noise surrounding a phenomenon is exploded super big. And when it comes to artificial intelligence, oh boy, there has been hype. Artificial intelligence. AI. Artificial intelligence. Artificial intelligence that will be the top spending area for artificial intelligence is bound to become more intelligent. The world is not aligned on whether AI is a threat or an amazing thing.

The sheer amount of noise surrounding artificial intelligence has translated into a whole lot of funding for AI startups. Just look at Hugging Face, an AI startup that’s valued at $4 billion, or 100 times its revenue, or Mistral, a French startup that raised the largest seed round in European history this year despite being just four weeks old. Or Character AI, a 16-month-old startup valued at over $1 billion, that creates digital characters for you to talk to. Like this AI Michael Jackson trying to sell you a vacuum.

So how much of this is revolutionary technology and how much is hype-filled bull hockey? I’m Alex Conrad, a senior editor at Forbes magazine. Alex told us that a lot of the hype surrounding AI right now is generated by venture capitalists.

“They’re obviously overhyping. I mean, it’s absolutely crazy. I’ve heard stories about VCs cornering each other in hot tubs. You have founders getting asked on playdates for their toddlers by VCs who want to then ask them about their company. Like, this is crazy stuff.”

But at the same time, Alex thinks that the hype comes from a real place. So, I would say kind of yes and no. Exuberance from investors and users around these AI tools has gotten ahead, I believe, of the substance, but I believe that that’s also natural with new technologies.

Sure, it’s really expensive to build revolutionary technology. I buy that, but I need a real nerd to explain how revolutionary this technology actually is. Enter Jason Abela, a professor of economics at Yale School of Management.

“I certainly think that this is a revolutionary moment in technology. The huge uncertainty is just, okay, are we in this world where technological progress is suddenly going to accelerate and we’ve now solved a lot of the hard problems? Or is it the case that the existing technology is basically going to stall out?”

So how close are we to artificial intelligence that can think and accomplish tasks like humans? Some experts say we’re close, others think we’re farther down the road. But that uncertainty hasn’t slowed down certain key stakeholders. The number of AI mentions on earnings calls for public companies has more than doubled year over year. Even companies like Zoom have been overwhelmed with questions on how they’re going to implement artificial intelligence. Meanwhile, AI-adjacent companies like NVIDIA and Microsoft have held up the stock market this year despite mass tech layoffs and speculation of a recession.

Clearly, this is all driven by the altruistic intention to better humanity through technological advancement, right? The business world is going crazy about AI recently. Why do you think that is?

“It’s so easy to make money and buy altruistic intention,” says Kyla Scanlon, a financial educator, author, and creator. “After a certain point, you have certain companies working on certain things, but not everybody should be developing the same thing side by side. Like, we don’t need stacks on tops of stacks.”

Do AI companies today deserve the level of funding they’re receiving? “I’d say probably on average, yes. Although many of them are opposite of what materialize.”

Some wonder if all the cash being poured into AI right now might be better spent elsewhere. “All of this money is going into AI, all this excitement, and there’s so many other things that need focus, like the climate. So I think there’s all these other things that money could be allocated to, and it ends up going into the next hype cycle, which now is AI, previously was crypto.”

The dirty secret about venture capital is there’s far too much money to be deployed that these guys have been sitting on for months because they weren’t sure if the economy was just going to blow up. So there’s a ton of money that just needs to be invested for these folks to show that they’re actually doing their jobs or everyone’s going to ask for the money back.

So what’s next? Could AI destroy humanity? Will it save the world? Those were two articles literally written in the same week this year. You’re going to see a bunch of spikes of interest today around new releases, new capabilities, and then you’re going to see the same concern or thought pieces about whether this is the end of civilization as well. And I predict we’re going to see this happen every few months now for the foreseeable future. Over the next decade and several decades, you’re going to see dramatic changes in how the economy is organized because of AI. That’s very different from saying that every individual business should be devoting its attention to this. So I think it’s just a lot of understanding what the technology is capable of and then figuring out how to use it day to day.

Despite our original intentions to roast everyone cashing in on the AI hype, it turns out the hype is actually a lot more nuanced. I hate when there’s nuance. AI can be both overhyped and properly hyped at the same time, where there is truly an explosion of technological advancement we don’t fully understand yet. There will also be people trying to get rich off it, which looks like random AI startups getting millions of dollars, thought pieces competing to suck up our brain juice, and me talking to an AI chatbot at 3 a.m. Overrated or not, this isn’t going away any time soon.

Why do CEOs earn so much money?
Reading Time: 4 minutes

In 1965, the typical CEO of an American company made 21 times what the typical worker made. Fast forward to 2022, and CEOs were making 344 times the typical worker. How did that happen?

As I embarked on reporting this dangerous story, I decided the first thing I had to do was take some precautions. If I was going to publicly question whether the richest, most powerful people in the world actually deserved their paychecks, I was going to have to do it incognito. Now that I was in disguise, it was time to do some investigative journalism.

Why do CEOs make so much money now? It’s a really good question, and I don’t think there’s a super simple answer to it. One camp says it’s rent-seeking, which is an economist’s fancy term for they get paid a lot because they can get away with getting paid a lot, essentially extracting resources from the company. The other side says it’s an efficient market for executive talent. There’s competition to hire the best and the brightest, and that takes a lot of money to attract them.

So, it looks like we have a classic “they’re extracting resources from the company and getting away with it” versus “it’s an efficient market for executive talent” situation. If you look over the past 30 years, the mathematical reason why CEO pay has risen so much is that the stock market has risen so much, and they have managed to hook their pay to the wider stock market.

These days, top CEOs are making the vast majority of their money through stock-related pay. This started back in the nineties when a rule implemented by the Clinton administration backfired. Bill Clinton wanted to curb rising executive pay by declaring that any CEO salary over $1,000,000 was not a reasonable business expense worthy of a corporate tax deduction. However, performance pay, including stock options and bonuses, was exempted from the tax-deductible cap. Ever since, companies mostly pay their CEOs in performance rewards like stocks or bonuses, while their actual salaries remain relatively low.

For example, Sue Nabi, CEO of Coty, took home about $150 million last year, with nearly $146 million of that coming from Coty stock she was awarded. This comes out to over 3000 times the median Coty employee’s salary. While $150 million a year might seem excessive, it also kind of makes sense. Shouldn’t CEOs be rewarded if their company’s stock is performing well?

However, there are problems with linking executive pay to their company’s stock prices. Many things can make a company’s share price go up, and many of those things are outside the CEO’s control. For instance, if you look at the CEO pay of oil companies, when the global price of oil rises, their pay rises because their share prices go up. It’s ridiculous to think the CEOs had much to do with the global price of oil going up, yet they get rewarded for that luck.

It was the stock market all along. But I wasn’t satisfied. What were the fundamental systemic conditions that allowed these opulent executives to successfully negotiate such favorable remuneration?

If you talk to people who believe in the efficient market competition for executive talent, they’ll say you only have so many people capable of running companies this big. Critics of executive pay often ask if you could find someone who could do about as good a job for less money. My guess is there are incredibly smart people out there who could do a good job, possibly for less.

Another simpler reason why CEOs end up with mad stacks is that they tend to be cozy with the people deciding how much they get paid. In theory, the CEO is supposed to be hired by shareholders to run the company and maximize profits. However, it’s usually up to the CEO to decide who sits on the board of directors, the very people negotiating their salaries.

In Delaware, a judge ruled in favor of Tesla stockholders who sued the company, saying Elon Musk’s 2018 pay package was unfair due to too many board members having close ties to Musk. Similarly, the United Auto Workers Union demanded a 40% increase in pay over the next four years, mirroring the same pay gain their CEOs saw over the previous four years.

Even some capitalists are speaking out. Carl Icahn has said many top CEOs underperform, are overpaid, and aren’t held accountable by their boards. Warren Buffett has described some executive pay packages as irrational and excessive, calling for the largest institutional shareholders to demand a fresh look at the system. The SEC has announced new regulations designed to shine a light on the closed process through which boards decide on executive pay.

In Nigeria, the situation is somewhat different but shares similar concerns about executive pay. CEOs in Nigeria, particularly in the banking and oil sectors, also earn significantly more than the average worker. For instance, the CEO of a top Nigerian bank could earn hundreds of millions of Naira annually, while the average employee earns a fraction of that. This disparity has led to public outcry and debates about the fairness and sustainability of such pay structures. The high executive pay in Nigeria is often justified by the need to attract top talent in a competitive global market, similar to the arguments made in the United States.

The general public in both the United States and Nigeria seems to agree that the discrepancy between CEO and worker pay is too high. A 2016 survey from Stanford Business School found that about 70% of Americans believe CEOs are overpaid. A similar sentiment is echoed in Nigeria, where there is growing discontent over the widening pay gap. This discontent is not just limited to the general public but also includes shareholders who feel that excessive executive compensation is eating into their returns.

There is evidence that people care about the issue but don’t fully understand just how much top CEOs are making. It seems that systemic policy changes are necessary to address this growing concern.

life of a Conscious Man Part Two
Reading Time: 2 minutes

Part Two

Consider a manager that has a list of 100 applicants for the position of secretary in an organisation. The criteria of selecting is that he must choose 1 person, and he only has to go through the profile of each applicant once. So he either decides to choose the first profile (Resume) on the list or go to the next profile of another applicant. He cannot go back to the previous applicant after has already gone through the profile of the next applicant. From this logic, he either make the decision to choice the first applicant if her profile is suitable for him or keep on flipping till he gets to the 99th or 100th applicant. In contrast the manager must make decisions based on the information contained in the Resume of each of the 100 applicant, not necessarily the best among the 100 applicant but the one that can fit in base on her Resume.

Furthermore a manager that is looking for the best out of the 100 applicant will keep flipping through and expecting to find better applicant as he through the resume of each applicants, getting to the 98th 99th and 100th, he might realize that he has missed better options along the way and will be compelled to settle for the 100th applicant. Meanwhile a manager who knows the actual quality he want in his secretary does not need to flip through the whole resumes of 100 applicants to make a good choice, rather he might make his choice after going through first 10 applicant.

Integrating this scenario into our story of an conscious man and his relationship, you will understand that there is no perfect partner our their and if you continuosly look for the best candidate before you make your choice, you might be aging day by day and by the time you have gone through the profiles of the 100th candidate you might end in regrets as you had missed much better person while you were exercising your options. In reality you might also know that there is an option to go back to your Ex, but don’t forget that he/she might have married before you realise that they were a much better person to choose as a partner.

We are here to help you see life in a different dimension, we as you journey through life and it’s obstacles and challenges, Nuauniversal is here to give you inspiration as you make better decisions. If you love the article, please share and live a comment we love you.

Life of a conscious man
Reading Time: 2 minutes

A positive and passionate man, brilliant and always aware of his surroundings. He anticipates events even before it occurrs. Self improvement and personal development is his his daily motivation, he looks out for opportunities in every challenge.

Every other area of his life seems to working perfectly well, except for his love life which has nothing to write home about. His relationship are like that of Chelsea and their managers (laughs) who always get sacked. Often times he brings in theories of and different principles (which is more applicable in quantum physics) in each relationship he finds himself in. He expects his lover to improve exponentially and in most cases get dumped, while in some other case fall out of love. This is because of his high expectation from his lover which may never be match by any human (except in eigen state)

A wise man knows that there is no perfection in man and as a result there is no perfect partner in any relationship. The people who advise you on the way a relationship often times have failed relationship. This reminds of a wise man named Socrates who said that if you get a good wife, you’ll become happy but if you get a bad one, you’ll become a philosopher. Relationship does have a specific formula do whatever you like, I can’t advices you, because what works for me might not work for you.

Consider a manager that has a list of 100 applicants for the position of secretary in an organisation. To continue comment next in the comment section.

Failing, A Path To Succeeding
Reading Time: 2 minutes

Human beings often time desire to be successful, and most times omir the significance of failing in life. Similarly being associated with failures is something dreaded by most people. In this blog I guide you on the lessons of failing as a partway succeed.

Lessons of failing: Consider a baby who intends to start walking, this baby observes everyone around him walking and tries to imitate them but usually will fall after the first trial. After the first attempt, he observes again and tries the second, third, fourth, fifth and to as many times as possible for him to walk. It might be possible for him to continue failing up until the 12th month before he learns to walk. This is the lesson of failing. So it doesn’t matter the number of time one fails, as long as there is determination and zeal, success is inevitable.

Embrace failing: When one fails, he has to accept that he has failed, and take the lesson notes littered along the road of his failures and go back to his drawing board and make strategic planning. Everyone that has succeeded failed at one point in time sometimes the failures often times appear as scares and everyone has unique scares perculier to them. One of my favourite quotes is that of Mark Zuckerberg in one of his interview “The key to success is having the freedom to fail”, Also J.K Rowling got rejected several times before she published Harry Potter. Cristiano Ronaldo lost the Ballon d’Or award to Messi for for years Before he lifted it again in 2013. Lionel Messi lost several international tournament with Argentina before winning the World Cup in Qatar 2022. The lesson of failing sets you apart from others who hasn’t failed enough in you archiving your dreams.

Consider your life pursuit, academics, business, skills, work and so on, what is that files that has been a deadlock for, it is time to observe your weakness, strength and others who are striving well in that field, just like an infant that keeps failing anytime he tried to walk but never give up trying until he gets it. I doesn’t matter how long you have tried and failed, but as long as you zeal is ever renewed, and you adhere to the lessons of your failures, you success is inevitable.

Privacy Policy
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Effective Date: April 30, 2024.

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Third-Party Services
Our website may contain links to third-party websites or services, which have their own privacy policies and practices. We are not responsible for the content or privacy practices of these third-party sites and encourage you to review their policies before providing any personal information.

Your Rights
Depending on your jurisdiction, you may have certain rights regarding your personal information, including the right to access, correct, or delete your data. Please contact us at [insert contact email] to exercise any of these rights.

Updates to this Privacy Policy
We may update this Privacy Policy from time to time to reflect changes in our practices or legal requirements. We will notify you of any material changes by posting the updated policy on our website.

Contact Us
If you have any questions or concerns about this Privacy Policy or our data practices, please contact us at aloysiusanosike@gmail.com

By using our website or Services, you consent to the terms of this Privacy Policy.

Contact Us
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Contact us today on the following:

Email: aloysiusanosike@gmail.com

Telephone: +234-816-387-2746

Address: Ikeja, Lagos.

Terms and Conditions
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Please read these terms and conditions carefully before using Our Service.

Interpretation and Definitions
Interpretation
The words of which the initial letter is capitalized have meanings defined under the following conditions. The following definitions shall have the same meaning regardless of whether they appear in singular or in plural.

Definitions
For the purposes of these Terms and Conditions:

Affiliate means an entity that controls, is controlled by or is under common control with a party, where “control” means ownership of 50% or more of the shares, equity interest or other securities entitled to vote for election of directors or other managing authority.

Country refers to: Nigeria

Company (referred to as either “the Company”, “We”, “Us” or “Our” in this Agreement) refers to Nuauniversal Media, 14 Shodipe, Lagos.

Device means any device that can access the Service such as a computer, a cellphone or a digital tablet.

Service refers to the Website.

Terms and Conditions (also referred as “Terms”) mean these Terms and Conditions that form the entire agreement between You and the Company regarding the use of the Service.

Third-party Social Media Service means any services or content (including data, information, products or services) provided by a third-party that may be displayed, included or made available by the Service.

Website refers to Nuauniversal, accessible from https://nuauniversal.com

You means the individual accessing or using the Service, or the company, or other legal entity on behalf of which such individual is accessing or using the Service, as applicable.

Acknowledgment
These are the Terms and Conditions governing the use of this Service and the agreement that operates between You and the Company. These Terms and Conditions set out the rights and obligations of all users regarding the use of the Service.

Your access to and use of the Service is conditioned on Your acceptance of and compliance with these Terms and Conditions. These Terms and Conditions apply to all visitors, users and others who access or use the Service.

By accessing or using the Service You agree to be bound by these Terms and Conditions. If You disagree with any part of these Terms and Conditions then You may not access the Service.

You represent that you are over the age of 18. The Company does not permit those under 18 to use the Service.

Your access to and use of the Service is also conditioned on Your acceptance of and compliance with the Privacy Policy of the Company. Our Privacy Policy describes Our policies and procedures on the collection, use and disclosure of Your personal information when You use the Application or the Website and tells You about Your privacy rights and how the law protects You. Please read Our Privacy Policy carefully before using Our Service.

Links to Other Websites
Our Service may contain links to third-party web sites or services that are not owned or controlled by the Company.

The Company has no control over, and assumes no responsibility for, the content, privacy policies, or practices of any third party web sites or services. You further acknowledge and agree that the Company shall not be responsible or liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any such content, goods or services available on or through any such web sites or services.

We strongly advise You to read the terms and conditions and privacy policies of any third-party web sites or services that You visit.

Termination
We may terminate or suspend Your access immediately, without prior notice or liability, for any reason whatsoever, including without limitation if You breach these Terms and Conditions.

Upon termination, Your right to use the Service will cease immediately.

Limitation of Liability
Notwithstanding any damages that You might incur, the entire liability of the Company and any of its suppliers under any provision of this Terms and Your exclusive remedy for all of the foregoing shall be limited to the amount actually paid by You through the Service or 100 USD if You haven’t purchased anything through the Service.

To the maximum extent permitted by applicable law, in no event shall the Company or its suppliers be liable for any special, incidental, indirect, or consequential damages whatsoever (including, but not limited to, damages for loss of profits, loss of data or other information, for business interruption, for personal injury, loss of privacy arising out of or in any way related to the use of or inability to use the Service, third-party software and/or third-party hardware used with the Service, or otherwise in connection with any provision of this Terms), even if the Company or any supplier has been advised of the possibility of such damages and even if the remedy fails of its essential purpose.

Some states do not allow the exclusion of implied warranties or limitation of liability for incidental or consequential damages, which means that some of the above limitations may not apply. In these states, each party’s liability will be limited to the greatest extent permitted by law.

“AS IS” and “AS AVAILABLE” Disclaimer
The Service is provided to You “AS IS” and “AS AVAILABLE” and with all faults and defects without warranty of any kind. To the maximum extent permitted under applicable law, the Company, on its own behalf and on behalf of its Affiliates and its and their respective licensors and service providers, expressly disclaims all warranties, whether express, implied, statutory or otherwise, with respect to the Service, including all implied warranties of merchantability, fitness for a particular purpose, title and non-infringement, and warranties that may arise out of course of dealing, course of performance, usage or trade practice. Without limitation to the foregoing, the Company provides no warranty or undertaking, and makes no representation of any kind that the Service will meet Your requirements, achieve any intended results, be compatible or work with any other software, applications, systems or services, operate without interruption, meet any performance or reliability standards or be error free or that any errors or defects can or will be corrected.

Without limiting the foregoing, neither the Company nor any of the company’s provider makes any representation or warranty of any kind, express or implied: (i) as to the operation or availability of the Service, or the information, content, and materials or products included thereon; (ii) that the Service will be uninterrupted or error-free; (iii) as to the accuracy, reliability, or currency of any information or content provided through the Service; or (iv) that the Service, its servers, the content, or e-mails sent from or on behalf of the Company are free of viruses, scripts, trojan horses, worms, malware, timebombs or other harmful components.

Some jurisdictions do not allow the exclusion of certain types of warranties or limitations on applicable statutory rights of a consumer, so some or all of the above exclusions and limitations may not apply to You. But in such a case the exclusions and limitations set forth in this section shall be applied to the greatest extent enforceable under applicable law.

Governing Law
The laws of the Country, excluding its conflicts of law rules, shall govern this Terms and Your use of the Service. Your use of the Application may also be subject to other local, state, national, or international laws.

Disputes Resolution
If You have any concern or dispute about the Service, You agree to first try to resolve the dispute informally by contacting the Company.

For European Union (EU) Users
If You are a European Union consumer, you will benefit from any mandatory provisions of the law of the country in which You are resident.

United States Legal Compliance
You represent and warrant that (i) You are not located in a country that is subject to the United States government embargo, or that has been designated by the United States government as a “terrorist supporting” country, and (ii) You are not listed on any United States government list of prohibited or restricted parties.

Severability and Waiver
Severability
If any provision of these Terms is held to be unenforceable or invalid, such provision will be changed and interpreted to accomplish the objectives of such provision to the greatest extent possible under applicable law and the remaining provisions will continue in full force and effect.

Waiver
Except as provided herein, the failure to exercise a right or to require performance of an obligation under these Terms shall not affect a party’s ability to exercise such right or require such performance at any time thereafter nor shall the waiver of a breach constitute a waiver of any subsequent breach.

Translation Interpretation
These Terms and Conditions may have been translated if We have made them available to You on our Service. You agree that the original English text shall prevail in the case of a dispute.

Changes to These Terms and Conditions
We reserve the right, at Our sole discretion, to modify or replace these Terms at any time. If a revision is material We will make reasonable efforts to provide at least 30 days’ notice prior to any new terms taking effect. What constitutes a material change will be determined at Our sole discretion.

By continuing to access or use Our Service after those revisions become effective, You agree to be bound by the revised terms. If You do not agree to the new terms, in whole or in part, please stop using the website and the Service.

Contact Us
If you have any questions about these Terms and Conditions, You can contact us:

By email: aloysiusanosike@gmail.com