Mukela Namushi Mubano

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13 Poor Excuses to Not Start Your Own Business: How Many Apply to You?

There are hundreds of reasons why aspiring entrepreneurs never take the plunge. Here are some of the worst -- and why they don't hold water.<p>Excuses. We all have them. And eventually we all regret making them, especially when those excuses kept us from chasing--and possibly achieving--our dreams.<p>So …

Entrepreneurship

Biggest Startup Mistakes And How To Avoid Them

No matter the industry or your experience, launching a new company is a risky endeavor. Forbes contributor Tom Taulli reached out to some successful founders and asked what lesson they advise entrepreneurs to keep in mind.

Entrepreneurship

6 Very Risky Investment Mistakes Warren Buffett Says You May Be Making

What does risk mean to you? If you ask the average person, they’re likely to say the probability of losing money. If you ask most financial professionals, they’ll probably equate risk with volatility of returns. (While these may sound similar, they’re not exactly the same thing. Let’s say …

The Rich Are Different: They Can Walk Away

“Let me tell you about the very rich,” wrote F. Scott Fitzgerald a few years before the Great Depression became the Great Leveler. “They are different from you and me.”<p>He was right. And when Ernest Hemingway mentioned during a 1936 lunch that he was getting to know the rich, the Irish writer Mary …

For The First Time, India's 100 Richest Of 2014 Are All Billionaires

After the Bharatiya Janata Party’s landslide victory in May’s federal election, Prime Minister Narendra Modi famously tweeted that “good days are here.” Indeed, they’re back with a bang for India’s 100 Richest. For the first time the top 100 are all billionaires, with combined wealth of $346 …

Zimbabwe's Wealthiest Man, Strive Masiyiwa Leases USD $40,000-A-Month Luxury Apartment In New York City

Zimbabwe’s wealthiest man and one of Forbes’ Africa’s richest, Strive Masiyiwa, has leased a USD $40,000-a-month luxury apartment in New York City.<p>According to the New York Post, Masiyiwa, founder and chairman of Econet Wireless a global telecommunications conglomerate which started in Zimbabwe, …

Africa's Richest Man Aliko Dangote To Invest In Tanzanian Coal Mine

Africa’s richest man, Aliko Dangote, has announced new plans to invest an undisclosed sum in the development of a major coal mine in Tanzania, even as he continues to expand his business interests across the continent.<p>According to Tanzania’s Guardian newspaper, Dangote revealed his plans last week …

Where Do The World's Millionaires Reside? [Infographic]

Where do the world’s millionaires reside? According to the Credit Suisse Global Wealth Report, the United States has 14,166 individuals with a wealth above $1 million, 41 percent of the worldwide total. Japan used to come close to the United States but its millionaire population declined as the …

Life After Ford: Volvo Turnaround Gains Speed Under Chinese Billionaire Owner

Li Shufu made his first cars when he was not even 10 years old–crafting models from the sand near his family home in Taizhou, along the East China Sea. His designs, he recalls, were inspired by the Red Flag cars that drove out of a nearby military airport–the only make China had during its Maoist …

10 New And Notable Billionaires

Today’s newly released 2014 Forbes China Rich List includes more than 90 members that weren’t on the 2013 edition. Here’s a group of 10 members that joined the China list as a billionaire for the first time.<p>(Rank, name, company name, estimated fortune)<p>57. Lin Jianhua, Hangzhou First PV, $2.3 billion<p>…

Gates Foundation Promotes Financial Services For The Poor

The Gates Foundation is promoting financial inclusion — providing the poor with access to savings accounts, loans, insurance and ways to pay and receive money — with some of the world’s largest emerging economies — Bangladesh, India, Indonesia, Nigeria, Pakistan and in East Africa Uganda, Tanzania …

What Brazil's Super-Rich Look For In Real Estate

Most of the Brazilian riff-raff have never heard of the term “lifestyle housing”. That’s because their front porch is a set of terracotta tiles and a palm tree, rather than a Mediterranean-inspired villa overlooking Ilha Grande.<p>The landscape of the luxury real estate market is ever-evolving, as the …

Africa's Richest Woman Isabel Dos Santos Withdraws Bid For Portugal Telecom

Africa’s richest woman Isabel dos Santos has reportedly withdrawn her $1.5 billion takeover bid for Portugal Telecom SGPS SA, after the Portuguese Securities Market Commission (CMVM) ruled last week that she had to raise the offer price.<p>According to a report by Reuters, Terra Peregrin, an …

China Shrink-Wrap Film Maker Joins Ranks Of World's Richest

Chen Dakui, the chairman of Zhongcheng Packing Material, has joined the ranks of the world’s richest businesspeople following gains in the share price of his shrink-wrap film manufacturer.<p>Shares in Shenzhen-traded Zhongcheng more than quadrupled in the past year amid big gains in China’s overall …

Zhejiang Chemical Entrepreneurs Are China's Latest Billionaire Couple

Two chemical industry entrepreneurs from eastern China’s Zhejiang Province have become China’s latest billionaire couple.<p>Guan Jianzhong and his wife Han Jianhong had a net worth of $1.1 billion on Friday based on their holdings in Shanghai-listed Zhejiang Jiahua Energy Chemical Industry and Hong …

Full List Of Asia's 562 Richest People

Buoyed by a wave of new faces from China, the up-and-coming Asia-Pacific region surpassed the United States in billionaires on the newly released 2015 Forbes Billionaires List.<p>The Asia-Pacific, underpinned by China and India, had 562 billionaires, compared with 536 for the United States. Last year, …

Demographics

The 4 Things Kids Need to Know About Money

One of the direct results of my time working as an accountant was the realization that money habits, good or bad, start young. It didn't take long, after I brought a sweet bundle-of-joy home for the first time, for me to start planning her financial education. I wanted her to see money as a tool, …

Should Financial Speculators Be Stopped?

Stanford’s Darrell Duffie squares off against the new prohibitionists.<p>If two speculators want to bet against each other on the future price of a …

How I Conquered My Fear of Going Broke

Hedge fund manager, entrepreneur, and best-selling author James Altucher looks like a success from the outside, but he hasn't always felt that way …

Even if Rates Rise, the Sky Won't Fall

Q: With interest rates predicted to rise in 2015, what should I consider doing with my mutual fund bond holdings now? About 35% of my...<p><b>Q: With</b> …

Obama to Wall Street: Stop Acting Like Car Salesmen

President Obama will push for a "fiduciary standard," which would require financial advisers to act in clients' best interests.<p>It’s an issue that’s …

Are International Stocks Still Worth the Risk?

As the Eurozone continues to face the Greek economic crisis and slow growth overall for the continent, many investors are wondering if buying …

The Proven Way to Retire Richer

Looking for more money for your retirement? Who isn't? This study reveals that there is one sure-fire way to get it.<p>Last June, the National Bureau of …