InfowithbigJ

Beyond CBEX, Lets Talk About Ponzi Expectations by Nigerian So Called Investors…

First of all, the so called victims of CBEX are not victims, they are co-enablers of the Ponzi culture in Nigeria.

The Nigerian Business Culture is Ponzi friendly.

I speak with every sense of pain in my heart as Nigerians lose over 1 Trillion Naira in CBEX.

Nigerians love QUICK success. Quick ROI. Quick growth. Quick Launch.

Elon Musk has been talking Mars for over a decade and has raised Billions of Dollars for multiple projects. If Elon’s surname was Awuzie, you would hear someone asking “Oga Elon Awuzie, it has been one year since you started working on Big Brain Mars, when will investors start getting ROI?” We are in China 🇨🇳 today exploring opportunities in the Electric Vehicle industry, this is a very slow business process. It could take a bit of time to launch. Nigerians hate to hear that something will take time to launch . They can’t fathom why they should tie up their money in a project that would only launch in 4 years time lol. But they want to have the financial flexibility of their role models.

This is the root of Ponzi schemes in Nigeria - IMPATIENCE with real businesses that have value. This impatience is what Ponzi schemes exploit.

Any experienced business person will tell you that SLOW AND STEADY is the code of any genuine venture.

High Speed and High Precision do not usually go hand in hand in the first 4 years of a business. And wherever you find high Speed and High Precision, the speed was increased along the way. They started slow, they remained steady and you only met them at the chapter they increased speed. So you think Dangote Refineries was buillt speedily ? Lol. Dangote first announced the project in 2013. He started building only 3 years after announcement. In total , it took over 13 years to bring the idea to where it is today. Meanwhile, early investors are now cashing out .

Nigerians are badly oriented about investments. In fact, my advise is that you avoid any so called “Nigerian investor” especially those who have never invested in other countries to gain experience and exposure. They come with Ponzi expectations.

You can’t invest today and want Return on Investment in few months - you have a Ponzi mindset.

Nigerians love big numbers - as long as you promise big numbers, you have their attention.

Nigerians love MAKE BELIEVE - they believe what they see, not what they know.

CBEX is not the problem - your Ponzi expectations are the problem.

To those who lost money in CBEX, Gemsbok’s Cybersecurity team will be willing to provide forensic analysis services to you. Terms and conditions apply.

Goodbye to 1.3 Trillion Naira. Unfortunately, the biggest losers are not the victims but genuine businesses who could have created value if they had access to the lost 1.3 Trillion Naira.

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