Innovate, and be differentiated in your strategy!

We created an investment and portfolio management program , and this morning, I received this feedback from an experienced professional who co-runs a fund in Lagos, and who is attending our program:

 “I don’t know how to thank you for all that you’re doing. 

You’re truly a BLESSING to our generation. 

Thank you very much Sir. You’re a GENIUS. 

As usual, I am also enjoying this investment course”. 

Late last night, I sent a step-by-step process on how anyone living in Nigeria or broad Africa can set up an investment account in the United States, providing everything needed to do that, with ways to drive tax efficiencies in structures. By doing that, they will bypass investing-apps and banks, and own the assets in their names with protections offered to “US persons” by law. Practical business education is  what we do at Tekedia Institute.

How do you manage your assets? How diversified are your revenue sources? How do you spread risks? Silicon Valley Bank would not have collapsed if its “customer base” was diversified. Indeed, it goes beyond assets to diversification of income. In a piece in Harvard, I proclaimed: “ Innovators Go It Alone” and “do not herd by following everyone to do it the same”. There is a risk there: a single competitive bullet will take everyone down. (read in Harvard here )

Ratings agency Moody’s has downgraded its outlook on the U.S. banking system from “stable” to “negative,” following the failures of Silicon Valley Bank, Signature Bank and the crypto-focused Silvergate Bank. The move reflects the “rapid deterioration in the operating environment,” Moody’s said, adding that other banks with unrealized losses or uninsured depositors could be at risk despite government efforts to shore up the sector. Moody’s on Monday put six regional banks — including First Republic and Western Alliance — under review for possible downgrades.

Shares of First Republic and Western Alliance Bancorp dropped a record 62% and 47%, respectively, on Monday. They regained some of those losses Tuesday. Many investors now expect central banks to slow their interest rate increases. Accounting giant KPMG faces possible scrutiny after auditing SVB two weeks before its collapse.

Innovate, and be differentiated in your strategy – a message from Tekedia Institute.

Register for Tekedia Mini-MBA (Feb 10 - May 3, 2025), and join Prof Ndubuisi Ekekwe and our global faculty; click here.