Wednesday, 9 January 2013

My Encounter With Ignorance


My name is Tomisin Ajiboye. And I am here to tell you my story of encounter with Ignorance.

It’s a story of ultimate confident ignorance. A story of disappointments and triumphs, of zealotry, of timeous and incredible intuition, of perfections and perceptions. It’s also a story of brutally honest mistakes, of concurrences and disappointments, of fumbles becoming tumbles. It’s a story of confident ignorance because unlike you, I didn’t have the privilege of attending a business school and I never had the opportunity to take a business related course in the university. After all, physics was my first degree.

And so because I did not understand words like strategy (I had never heard of such words outside a secondary school!) and cash flow and amortization, I struggled and soldiered on confidently in contagious ignorance I’d never even heard of the word – proposal. I thought it meant to be a proposition to a lady.

There is something about ignorant and young ME in business; because I didn’t know how something is supposed to be done, I did it the way I knew how and ended up innovating tirelessly! Because there is ME and there is YOU, and because our genesis in business does not align with our exodus from paid employment, there are some revelations that I will like to share with you.

There are various types of entrepreneurs but I have categorized it all into two. The first category is ME and the second category is YOU! In other words, there are credibility deficient entrepreneurs and credibility enabled entrepreneurs. When you have a business school degree on your curriculum vitae, you are credibility enabled! The brand equity of business school rubs off up on you. Your ignorance may even be seen as genius: “He can’t be wrong, he attended a business school! He is an expert! He is a professional!” That is what I called expert trap.

As for those of us who are credibility deficient, even our genius is a magnanimous mistake, until the millions crop up! Even then, we have to prove ourselves over and over again because the first million may be a fluke.

But till date these same people who attend business schools or follow every rule are still struggling with their business. You see, a young man who cannot attend to knowledge cannot multiply wealth on the face of the earth. And there is a difference between business and busyness, though they are phonetically cousins. The letters ‘i’ and ‘y’ separate the two lexically. ‘I’ invariably means you take responsibility for your life and so the difference between success and failure is ‘i’.

Don’t get me wrong. I am not saying it is wrong to attend business schools. It is written that iron sharpens iron. I just wanted to beat everyone and still want to beat everyone including myself. The point being made is that it is not enough to pass through business school. The school must pass through you.

My advice is that, you take up a business that naturally involve practical for you. You just have to win, desperately. You will soon see that the realities of life will began to blunt the edges of determination and aspiration in your business life. We die in installments and when the dream is gone, the drive is gone because there is no virtual compass leading us to our future.  Failure is not a verb. It is a noun. And a failed determination is the signpost on the road to becoming a noun that is antithetical to success.

Finally, understand your vision, be ready to take risk, be more than ready to face failures. Build enough capitals to make money from interest rates and capital appreciation. Ideas are free, stop looking for one huge and expensive idea. There is excellence in small ideas, build it with focus and forget the ‘I learnt it all in business school’ thought.

Exploit ignorance by trying your hand on new ideas. It is the only way for creativity to thrive.

@tomisinajiboye on Twitter

22 comments:

  1. Dear Tomisin Ajiboye, you`ve once again done justice to an unpopular topic here today. I totally agree with your point, knowledge can only be acquired in schools, using and maximising it solely depends on individual. Most successful businessmen and women didn't attend business school, what plays the trick was their vision and the believe that it would work. Ask most of them to tell you about startegy, just like you, they may not ve heard it before. They saw the future in their dreams, started simple and believe with time it will grow and it does. So our acquired knowledge only plays a little role in business growth and enlargement, what we see and believed makes the judgement.

    Thanks for this once again.

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    1. The mind set at which you grabbed my thoughts is excruciating. I need to dig deeper, get you lost for once. Lol. Thanks bro. You are awesome.

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  2. How about if I say you go to business school after your personal effort and hardwork has made you succeed in business? A combination of the quantity of personal experience and the quality of business school education.

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    1. Yes sir. I want to attend a business school as a lecturer.

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  3. Hmmm....dz makes perfect sense i'd say...

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  4. Stevens Adedipe @beryour12 January 2013 at 15:44

    Perfect one my friend....a sample of my topic at a recently concluded seminar, its really more than business schools or even taking up courses, the expert trap is a huge issue which has caged lots of people and they seem not to be aware....The most efficient business school is right there in your business!

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  5. You are on point @beryour. I love your last sentence. I should have included that in the article. Cheers sir!

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  6. It's more than business school, brother........... Perfect sense, this makes.

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    1. Matthew, Thank you for reading. Your mind set is vast to go along with my line of thought. Cheers brother Tomisin

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