Picking a good business partner could make business much easier. A partnership is a covenant between two or more people. Here are tips on how to pick a business partner.
1 - Someone with entrepreneurial spirit and vision.
A partner with entrepreneurial spirit is very useful, as they are motivated and inspired to do something.
2 - Someone who shares your values.
No this is not couples advice! Having a partner that shares your values is important because you will need to communicate with your partner to set goals, make decisions and build your business.
3 - Someone you can trust and respect.
You can't expect to get much from
someone that you don't trust and respect.
4 - Education matters, in the teenage years not so much. Now I'm not saying just get any dumb ass, get one that can make logical decisions.
5 - The most important characteristic a business partner must have is being able to cope and adjust to change. Change is something that occurs a lot in the economy and so being able to deal with it could make business easier.
Picking a business partner is very hard, but as long as you and your business partner trust and have mutual respect for each other and your business partner can draw the line between work and play there shouldn't be any big problems
JJ Mayoli @Teenomics #EliteTeam teenomics@gmail.com
Sunday 26 August 2012
1 small step for man, 1 giant leap for teenagers
Neil Armstrong, the astronaut who marked an epochal achievement in exploration with “one small step” from the Apollo 11 lunar module on July 20, 1969, becoming the first person to walk on the moon, has died at 82.
In tribute to this hero, I've decided to write about his life today.
A taciturn engineer and test pilot who was never at ease with his fame, Mr. Armstrong was among the most heroized Americans of the 1960s Cold War space race.
Twelve years after the Soviet Sputnik satellite reached space first, deeply alarming U.S. officials, and after President John F. Kennedy in 1961 declared it a national priority to land an American on the moon “before this decade is out,” Mr. Armstrong, a former Navy fighter pilot, commanded the NASA crew that finished the job.
His trip to the moon — particularly the hair-raising final descent from lunar orbit to the treacherous surface — was history’s boldest feat of aviation. Yet what the experience meant to him, what he thought of it all on an emotional level, he mostly kept to himself.
Like his boyhood idol, transatlantic aviator Charles A. Lindbergh, Mr. Armstrong learned how uncomfortable the intrusion of global acclaim can be. And just as Lindbergh had done, he eventually shied from the public and avoided the popular media.
In time, he became almost mythical.
After flying experimental rocket planes in the 1950s at Edwards Air Force Base in California — the high-desert realm of daredevil test pilots later celebrated in author Tom Wolfe’s “The Right Stuff” — Mr. Armstrong was selected for NASA’s astronaut corps in 1962 and became the first U.S. civilian to be blasted into space.
In 1966, during his only space flight other than Apollo 11, a life-threatening malfunction of his Gemini 8 vehicle caused the craft to tumble out of control in Earth orbit. It was the nation’s first potentially fatal crisis in space, prompting Mr. Armstrong and his crewmate, David Scott, to abort their mission and carry out NASA’s first emergency reentry.
His skill and composure were put to no greater test, though, than in the anxious minutes starting at 4:05 p.m. Eastern time on Sunday, July 20, 1969. That was when the lunar module carrying Mr. Armstrong and Aldrin, having separated from the Apollo 11 capsule, began its hazardous, 9-mile final descent to the moon’s Sea of Tranquility.
Collins, waiting in lunar orbit, could only hope that the two would make it back.
The lunar module, or LM (pronounced lem), was dubbed “Eagle.” Its 1969 computer, overtaxed during the descent and flashing alarm lights as it fell behind on its work, guided the spider-like craft most of the way to the surface.
“Pilots take no particular joy in walking,” he once remarked. “Pilots like flying.”
‘One giant leap’
How Mr. Armstrong wound up commanding the historic flight had to do with his abilities and experience, plus a measure of good fortune.
As for his famous statement upon stepping off the ladder, Mr. Armstrong said he didn’t dwell on it much beforehand, that the idea came to him only after the landing.
He would always maintain that he had planned to say “a man.” Whether the “a” was lost in transmission or Mr. Armstrong misspoke has never been fully resolved. As his boots touched the lunar surface at 10:56:15 p.m. Eastern time, the world heard:
“That’s one small step for man, one giant leap for mankind.”
Ever the precise engineer, Mr. Armstrong later said that if it were up to him, history would record his immortal words with an “a” inserted in parenthesis.
The ultimate mission
Neil Alden Armstrong was born Aug. 5, 1930, outside the little farming town of Wapakoneta in western Ohio. From the morning in 1936 when his father, an auditor of county records, let him skip Sunday school so the two could go aloft in a barnstorming Ford Trimotor plane near their home, the boy was hooked on aviation.
He got his pilot’s license on his 16th birthday, before he was legally old enough to go solo in an automobile.
After a few semesters at Purdue University, he left for Navy flight training in 1949, eventually becoming the youngest pilot in his fighter squadron on the aircraft carrier USS Essex. He flew 78 combat missions in the Korean War and was shot down once before his tour of duty ended and he went back to Purdue.
After earning an aeronautical engineering degree in 1955, he joined NASA’s forerunner, the National Advisory Committee for Aeronautics, and was soon rocketing in the stratosphere, pushing the boundaries of aviation in missile-like research planes.
This story is a true test of 1 man"s will to go far. As the saying goes reach for the the stars so that if you fail, you will land on the clouds.Neil Armstrong d not set his sights just on the stars but on the whole of space and he became the first man to land on the moon.He dreamed of becoming just a pilot and in the end he became the first man to step on the moon just showing you how far one's dreams can get you.So if you have dreams don't just ignore them or hold them off do it right away.Carpe Diem!
Dean Pillay @Ternomics #Elite team
Drop us an email for any suggestions at teenomics@gmail.com
In tribute to this hero, I've decided to write about his life today.
A taciturn engineer and test pilot who was never at ease with his fame, Mr. Armstrong was among the most heroized Americans of the 1960s Cold War space race.
Twelve years after the Soviet Sputnik satellite reached space first, deeply alarming U.S. officials, and after President John F. Kennedy in 1961 declared it a national priority to land an American on the moon “before this decade is out,” Mr. Armstrong, a former Navy fighter pilot, commanded the NASA crew that finished the job.
His trip to the moon — particularly the hair-raising final descent from lunar orbit to the treacherous surface — was history’s boldest feat of aviation. Yet what the experience meant to him, what he thought of it all on an emotional level, he mostly kept to himself.
Like his boyhood idol, transatlantic aviator Charles A. Lindbergh, Mr. Armstrong learned how uncomfortable the intrusion of global acclaim can be. And just as Lindbergh had done, he eventually shied from the public and avoided the popular media.
In time, he became almost mythical.
After flying experimental rocket planes in the 1950s at Edwards Air Force Base in California — the high-desert realm of daredevil test pilots later celebrated in author Tom Wolfe’s “The Right Stuff” — Mr. Armstrong was selected for NASA’s astronaut corps in 1962 and became the first U.S. civilian to be blasted into space.
In 1966, during his only space flight other than Apollo 11, a life-threatening malfunction of his Gemini 8 vehicle caused the craft to tumble out of control in Earth orbit. It was the nation’s first potentially fatal crisis in space, prompting Mr. Armstrong and his crewmate, David Scott, to abort their mission and carry out NASA’s first emergency reentry.
His skill and composure were put to no greater test, though, than in the anxious minutes starting at 4:05 p.m. Eastern time on Sunday, July 20, 1969. That was when the lunar module carrying Mr. Armstrong and Aldrin, having separated from the Apollo 11 capsule, began its hazardous, 9-mile final descent to the moon’s Sea of Tranquility.
Collins, waiting in lunar orbit, could only hope that the two would make it back.
The lunar module, or LM (pronounced lem), was dubbed “Eagle.” Its 1969 computer, overtaxed during the descent and flashing alarm lights as it fell behind on its work, guided the spider-like craft most of the way to the surface.
“Pilots take no particular joy in walking,” he once remarked. “Pilots like flying.”
‘One giant leap’
How Mr. Armstrong wound up commanding the historic flight had to do with his abilities and experience, plus a measure of good fortune.
As for his famous statement upon stepping off the ladder, Mr. Armstrong said he didn’t dwell on it much beforehand, that the idea came to him only after the landing.
He would always maintain that he had planned to say “a man.” Whether the “a” was lost in transmission or Mr. Armstrong misspoke has never been fully resolved. As his boots touched the lunar surface at 10:56:15 p.m. Eastern time, the world heard:
“That’s one small step for man, one giant leap for mankind.”
Ever the precise engineer, Mr. Armstrong later said that if it were up to him, history would record his immortal words with an “a” inserted in parenthesis.
The ultimate mission
Neil Alden Armstrong was born Aug. 5, 1930, outside the little farming town of Wapakoneta in western Ohio. From the morning in 1936 when his father, an auditor of county records, let him skip Sunday school so the two could go aloft in a barnstorming Ford Trimotor plane near their home, the boy was hooked on aviation.
He got his pilot’s license on his 16th birthday, before he was legally old enough to go solo in an automobile.
After a few semesters at Purdue University, he left for Navy flight training in 1949, eventually becoming the youngest pilot in his fighter squadron on the aircraft carrier USS Essex. He flew 78 combat missions in the Korean War and was shot down once before his tour of duty ended and he went back to Purdue.
After earning an aeronautical engineering degree in 1955, he joined NASA’s forerunner, the National Advisory Committee for Aeronautics, and was soon rocketing in the stratosphere, pushing the boundaries of aviation in missile-like research planes.
This story is a true test of 1 man"s will to go far. As the saying goes reach for the the stars so that if you fail, you will land on the clouds.Neil Armstrong d not set his sights just on the stars but on the whole of space and he became the first man to land on the moon.He dreamed of becoming just a pilot and in the end he became the first man to step on the moon just showing you how far one's dreams can get you.So if you have dreams don't just ignore them or hold them off do it right away.Carpe Diem!
Dean Pillay @Ternomics #Elite team
Drop us an email for any suggestions at teenomics@gmail.com
Saturday 25 August 2012
5 Ways to make money$$$
This is part one of a series of guest posts by people wanting to contribute to this blog:
So you’re broke because you don’t get enough pocket money, don’t want a job but need to support your social needs. Well here are a few ways to make easy money.
1. Sell stuff on eBay
Most of us know what eBay is but for those that don’t, eBay is a website that allows you to buy/sell products online. You could sell some of the old things in your house that are actually worth something.
2. Become a tutor
Some of you out there have a certain talent that you can make money out of. For example if you can play the guitar well, or you’re clever, you can give lessons on weekends and charge a reasonable fee.
3. Create websites
These days many small businesses are looking to create websites.
4. Hard labour
You can mow lawns, clean out garages etc. for a small amount of cash.
5. Sell a kidney o_O
For those that think they’re “hardcore” you can sell one of your kidneys. Don’t know where or how you would go about it but I wouldn’t suggest it. We don't condone this,we know its illegal we are just being humorous :)
These are just a few suggestions on how you can make some cash, they are really easy and they work so give them a try. If you have any more ideas sign in with your google account and comment, or email teenomics@gmail.com or if you willing to give us your view on economics in the life of a teenager, just drop us an email.
Wednesday 22 August 2012
How to break into an industry
Being good at Accounting, IT, Marketing or any other field has great benefits if you want to break into an unfamiliar industry. These fields provide many skill sets you can transfer to a variety of industries.
Using and expressing your passion to break into the industry is key and can come a long way. Knowing nothing about the field will not put you on the back foot if you have the passion and the determination.
However doing a bit of research will take you to a new height in the level you think about the industry.
Research like there’s no tomorrow
If there’s an industry you find yourself interested in, it shouldn’t be hard to research and have a base about the industry. Read articles, internet magazines and follow the news about the industry.
Becoming an expert overnight is not likely so there for you don’t have to be one, but be sure to learn information that can give you the confidence you need to have conversations with those in the industry. Don’t be afraid to admit you don’t know a whole lot but express your passion and your willingness to learn.
Research on how you can learn about the industry in formal institutions and considering doing so will benefit you greatly.
Exude confidence in what you are good at
Use your specific skills to your advantage. You have to combine your useful skills with your own unique perspective.
By Caleb Kinimi #INM #Elite team @Teenomics
Any Suggestions? Email us at teenomics@gmail.com
Monday 20 August 2012
Politics?? O_O
If you notice litter in your area or next
to your beautiful road, what is your first reaction? Is it, "Damn this
government is so useless, they should clean it up!" Or do you say,
"This weekend I am going to organise a team to clean this ish!" Which
one do you think is more constructive to society?
Us as teenagers always misunderstand the
concept of politics! We think that politics is either boring or is a dirty
game! It's only a dirty game because people are power-hungry. Politics is
actually something we all can participate in! Taking part in community project
is taking part in politics! You are helping in making your country a better
place!
You can also do so by taking part in
discussions and debates. Getting your views across will also contribute to
making your society a better place. Get your councillor's contact details and
let him/her know about arising matters in your neighbourhood! You can also
get your points across by just flooding the Facebook page of the Presidency with comments or ideas. All
you have to do is click like on the Facebook page!
Getting involved in politics is not boring
at all, it’s just getting a group of friends to make your country an amazing
place for the future and for the present.
For more information on what you can do to
be an active citizen in your beautiful country visit www.bokabuddies.co.za
For any questions or suggestions email teenomics@gmail.com
By: Kofi Snaman @Ngqiqo_Kofi @teenomics #ineedmoney
Sunday 19 August 2012
10 Ways to Save Money
What's worse than being called up by a friend to go out and you realise you're broke?
Here are 10 easy steps to make sure you always have money.
1: get rid of all your debts. Pay back everyone you owe money.
2: stop using a credit card. Using a credit card may only put you in a debt trap cause of the high interest rate.
3: make a budget.
4: write a shopping list before going to the store. Knowing what you need before hand can help you from spending money on what you want instead.
5: use discounts. Cinemas offer discounts at times. Look for two for one specials at stores.
6: buy products in bulk from wholesalers. Buying this way is cheaper than buying individual items from the store.
7: if you smoke or drink, stop! Your lungs and liver will thank you and so will your wallet.
8: open a savings account. Smaller banks have lower bank charges and higher interest rates, which you should take advantage of, but avoid ATM fees.
9: bottle your own water instead of buying bottled water. This step seems simple but could save you a lot of money if you drink a lot of water.
10: The most important step to help you and others save money and time... Save this article and pass it on to a friend :)
Saving money is much easier said than done. Spending less money is the biggest challenge. If you can stick to your goals and save money, you could be well on your way to having your fortune.
JJ Mayoli @Teenomics stay fresh,easy mondays #INM #Elite
Here are 10 easy steps to make sure you always have money.
1: get rid of all your debts. Pay back everyone you owe money.
2: stop using a credit card. Using a credit card may only put you in a debt trap cause of the high interest rate.
3: make a budget.
4: write a shopping list before going to the store. Knowing what you need before hand can help you from spending money on what you want instead.
5: use discounts. Cinemas offer discounts at times. Look for two for one specials at stores.
6: buy products in bulk from wholesalers. Buying this way is cheaper than buying individual items from the store.
7: if you smoke or drink, stop! Your lungs and liver will thank you and so will your wallet.
8: open a savings account. Smaller banks have lower bank charges and higher interest rates, which you should take advantage of, but avoid ATM fees.
9: bottle your own water instead of buying bottled water. This step seems simple but could save you a lot of money if you drink a lot of water.
10: The most important step to help you and others save money and time... Save this article and pass it on to a friend :)
Saving money is much easier said than done. Spending less money is the biggest challenge. If you can stick to your goals and save money, you could be well on your way to having your fortune.
JJ Mayoli @Teenomics stay fresh,easy mondays #INM #Elite
Steve Jobs:The Visionary
Steve Jobs is one of the greatest stories of success ever and an image to all how the fallen rise to be mighty.This is his story.
Steve Jobs is best known as the co-founder,chairman and CEO of Apple Inc. He is also known as the co-founder and CEO of Pixar Animation Studios.
After losing a power struggle with the board of directors in 1985, Jobs left apple and founded NeXT, a computer platform company specialising in higher education and business markets.In 1986 he acquired the computer graphics division of Lucasfilm, which became Pixar.
In 1996,Apple had failed to deliver a new operating system and they turned to Steve Jobs' company, NeXT and so returned to apple as an advisor later taking control as interim CEO and in 1998 he brought Apple back from the brink of bankruptcy to profitability.
As the new CEO of the company, Jobs developed the iMac, iTunes, iPod, iPhone, and iPad.The success of these products resulted in Apple becoming the world's most valuable company in 2011.This 'rebirth' of Apple is regarded as one of the greatest turnarounds in business history and it was all made possible thanks to Steve Jobs.
Steve Jobs died on October 5th 2011 as a result of respiratory arrest related to his tumour coupled with cancer he battled with for 8 years.
Jobs has been described as legendary, a futurist, and a visionary.
Dean Pillay @Teenomics #Elite Team
Steve Jobs is best known as the co-founder,chairman and CEO of Apple Inc. He is also known as the co-founder and CEO of Pixar Animation Studios.
After losing a power struggle with the board of directors in 1985, Jobs left apple and founded NeXT, a computer platform company specialising in higher education and business markets.In 1986 he acquired the computer graphics division of Lucasfilm, which became Pixar.
In 1996,Apple had failed to deliver a new operating system and they turned to Steve Jobs' company, NeXT and so returned to apple as an advisor later taking control as interim CEO and in 1998 he brought Apple back from the brink of bankruptcy to profitability.
As the new CEO of the company, Jobs developed the iMac, iTunes, iPod, iPhone, and iPad.The success of these products resulted in Apple becoming the world's most valuable company in 2011.This 'rebirth' of Apple is regarded as one of the greatest turnarounds in business history and it was all made possible thanks to Steve Jobs.
Steve Jobs died on October 5th 2011 as a result of respiratory arrest related to his tumour coupled with cancer he battled with for 8 years.
Jobs has been described as legendary, a futurist, and a visionary.
Dean Pillay @Teenomics #Elite Team
Friday 17 August 2012
Long Heels, Red Bottoms
This article is for the emerging designers that should be aware of the fashion world. How the fashion world is fraught with tricky choices on incorporation, competitors, sales and knowing how to protect your brand.
Sense of fashion comes from within but “the fashion world is not just about making a design that’s great- it’s figuring out the wholesale margins, adding in the cost of packaging, shipping, taxes, tariffs, and making sure your profit margin will keep the business running.” Words by Annmarie Scotto-Dinan, who launched a women’s fashion label called Chloe & Reese. It started small but within two years of the business, the label had gone global.
Annmarie Scotto-Dinan knew she would need to spend a lot of her time learning the trade, but what she didn’t know that she would also have spend her savings too. She figured a business loan would help financing her passion, but when she applied in '08 the world recession had just hit and banks weren't willing to give loans to just anybody.
Now we all ask, how did she do it? She explains that breaking in to the fashion business requires a lot more than just a degree in fashion and a talent of dreaming up styles.
But for the emerging designer that designs shoes or beautiful ball-gowns, before you are ready to show it to the world, ask yourself why you want to do so. Set goals for yourself.
You have to ask yourself: Do you want something nice and chilled, something you do for the love of it that brings in a small income? Or do you want to be a fashion empire?
Designers are very creative and some of the legal aspects of the trade can escape them. Note that part of the business is unseen and that part is not the designs you think and dream of.
Scotto-Dinan said that like many designers, she is so much more creative than analytical but she emphasizes that you have to focus on the numbers to make your business actually work.
By Caleb Kinimi #INM # Elite Team Head photographer
You are in luck, because here on Teenomics we are able to help you learn more about starting your own business and how to make sure it becomes successful. You can kindly ask any questions by sending us an email at Teenomics@gmail.com
Thursday 16 August 2012
An apple a day keeps the IT guys away
Today on top ten Thursday, Teenomics presents the list of the top ten most valuable companies in the world. Will it be Exxon mobil, which ranked first in 2011 or will a competitor surpass it? feast your eyes.
Rank
|
Company name
|
Market value (in billion $)
|
country
|
10
|
General Electric(GE)
|
$213.70
|
United states
|
9
|
China mobile
|
$216.50
|
Hong-kong-china
|
8
|
Chevron
|
$218.00
|
United states
|
7
|
Royal Dutch Shell
|
$227.60
|
Netherlands
|
6
|
ICBC
|
$237.40
|
china
|
5
|
IBM
|
$238.70
|
United states
|
4
|
Microsoft
|
$273,50
|
United states
|
3
|
Petrochina
|
$294.70
|
china
|
2
|
Exxon mobil
|
$407.40
|
United states
|
1
|
Apple
|
$546.00
|
United states
|
Can Apple maintain its position as the most valuable company in the world until next year (2013)?
Catch top ten Thursday next week for the top ten most valuable companies in Africa.
Kamohelo motaung #elite team @teenomics
Tuesday 14 August 2012
Do Girls Really Run the World?
Now days (especially this month) you hear a lot about women’s
rights and women empowerment. Being a guy I always believed that this ideology was far too overrated. Not until my eyes were open by a newspaper article I read
(out of pure boredom) over the weekend.
The stats from the article were really mind blowing and a
real eye-opener on how very few women are represented in the boardroom. According to the New-Age, 3.6% of SA’s CEOs are women; 17.1% are directors and 5.5%
are chairing the boardroom. These results have increased slightly from
last year but not enough, according to some organisation groups.
Ironically, women are responsible for 65% of global
expenditure! That means women are the queens of spending! Oxfam estimates that women spend ± R97 trillion per year!! I
think with talent like that, companies would be stupid not to appoint women on
the board!
Do these facts tell us that women are usually housewives who
marry rich? Or are they not given a chance to show their potential in the
workplace and are munching their income like hyenas with rabies?
I don’t think women have to be represented 50/50 in the
boardroom but these current figures aren’t very good. We can make laws and go
all crazy about women empowerment but it won’t help these figures. It’s all up
to the lady to value herself and amount herself to a gold-digging housewife like
the *cough_HOUSEWIVES OF ATLANTA_ cough cough*
Please be free to leave a comment at teenomics@gmail.com or Follow @teenomics #INM
_By Kofi Snaman_ @Ngqiqo_Kofi
Monday 13 August 2012
It won't work
What? This idea will never work! You're too young! You aren't qualified enough!
Many of us have heard these words when we approach our families and friends with our business ideas!
My aim is to guide and motivate you to start your own business as you know small and medium enterprises could lead to a great future.
Let's get started!
Step 1 - decide what product or service your business will be.
-write a business plan(this could help you approach investors and banks for financial assistance)
Step 2- earn some money to get started with your business
-depending on the nature of your business it could need some working capital
Step 3- buy stock or equipment with your earned money
-buying stock straight from a manufacturer will make it cheaper
-buying in bulk could also be cheaper
-once you have a relationship with the manufacturer you may get discounts
Step 4 -Spread the word
-market your product make sure people know about your product
-use social networks like facebook to market your product
Step 5 -sell, sell, sell
Increase the prices of products to make sure your expenses are covered and you are able to make a profit
Starting a business isn't a walk in the park it you want your business to be a success it will take time and hard work. If you can stay motivated there is no limit to what you can achieve!
Many of us have heard these words when we approach our families and friends with our business ideas!
My aim is to guide and motivate you to start your own business as you know small and medium enterprises could lead to a great future.
Let's get started!
Step 1 - decide what product or service your business will be.
-write a business plan(this could help you approach investors and banks for financial assistance)
Step 2- earn some money to get started with your business
-depending on the nature of your business it could need some working capital
Step 3- buy stock or equipment with your earned money
-buying stock straight from a manufacturer will make it cheaper
-buying in bulk could also be cheaper
-once you have a relationship with the manufacturer you may get discounts
Step 4 -Spread the word
-market your product make sure people know about your product
-use social networks like facebook to market your product
Step 5 -sell, sell, sell
Increase the prices of products to make sure your expenses are covered and you are able to make a profit
Starting a business isn't a walk in the park it you want your business to be a success it will take time and hard work. If you can stay motivated there is no limit to what you can achieve!
stay fresh easy mondays JJ Mayoli #INM #Elite
For any suggestions, comments ,requests or questions; e-mail teenomics@gmail.com
Saturday 11 August 2012
The World's Richest
Everybody wants to know who the top brass of the world is, who runs the world. It is said that 5% percent of people living in America own 95% of the wealth well here is the list of the top 5 richest people in the world, and next week I’ll be writing on the 6th to 10th richest person in the world. Enjoy!
- Carlos Slim Helu: the richest man in the world according to the Forbes list 2012. Slim is the Chairman of Telmex, a telecommunications company based in Slim’s home country of Mexico. Slim is estimated to have a net worth of $69 billion dollars.
- Bill Gates:the man everybody using a Microsoft computer knows. He is the founder of Microsoft and is the former CEO of this company. Gates is estimated to have a net worth of $61 billion dollars.
- Warren Buffett: the oldest person on the list. He is the chairman of Berkshire Hathaway, the company he founded. Buffett is often referred to as the sage of Omaha or the oracle of Omaha because of his philosophy of value investing. Even though Warren Buffett is the worlds third richest man, he still lives in the same house he bought in 1958.Buffett is estimated to have a net worth of $44 billion dollars.
- Bernard Arnault: This Frenchmen is the chairman of Louis Vutton. Apart from being the 4th richest in the world,he is ranked as being the richest in Europe.Bernard is estimate to have a net worth of $41 billion dollars.
- Amancio Ortega Gaona (Known as Amancio Ortega) is the 5th richest man in the world and the richest in Spain. He is the co-founder of the Inditex(a textiles company based in Spain).Ortega was chairman of Inditex until stepping down in July 2011. Amancio Ortega has a net worth of $37.5 billion dollars.
Dean Pillay #Elite team @Teenomics
Friday 10 August 2012
Who runs the World
The list of powerful women
Happy women’s month to all the women out there from the Teenomics team. In order to celebrate or rather acknowledge this day we bring to you forbes list of the top 10 most powerful women in the world.
Rank
|
name
|
age
|
country
|
Profession
|
10
|
Irene Rosenfeld
|
59
|
United states
|
Business, CEO of kraft foods
|
9
|
Christine Lagarde
|
56
|
France
|
Non-profit Organisation, MD of the International Monetory Fund(IMF)
|
8
|
Michelle Obama
|
48
|
United states
|
Politics, first lady
|
7
|
Sonia Gandhi
|
65
|
India
|
President
|
6
|
Melinda Gates
|
47
|
United states
|
Co-founder of the Bill & Melinda Gates foundation
|
5
|
Sheryl Sandberg
|
42
|
United states
|
Business, COO of facebook
|
4
|
Indra Nooyi
|
56
|
United states
|
Business, chief exec of pepsiCo
|
3
|
Dilma Rouseff
|
64
|
brazil
|
president
|
2
|
Hilary Clinton
|
64
|
United states
|
Politics, secretary state
|
1
|
Angela Merkel
|
58
|
Germany
|
Politics, chancellor
|
I guess all these women are powerful in some sort of way but all in their own category. I mean they just say 'powerful'. They don't say in what way, so it's for you to make the interpretation. Who runs the world?
http://www.forbes.com/wealth/power-women/list
http://www.forbes.com/wealth/power-women/list
kamo Motaung # Elite team @teenomics.
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