Investors Continue Losing Money to Pyramid Schemes

I just don't get. Do you? How many people should lose their hard earned money before the rest of us stopped  dreaming of and engaging in get rich quick schemes?


Today, the Business Daily had carried a story of how investors have lost hundreds' of millions of their hard earned money through pyramid related schemes. How is it possible that so many people can be fooled for so long a time? I just do't get it!

Monetary success does not come easy. It requires a lot of sacrifice and hard work on your part as an entrepreneur. Do not be fooled that there are ways through which you can make money overnight and become a millionaire when you are still sleeping. The only possible ways of getting rich quick, as Kenya's history tells us, is by either stealing, engaging in corrupt deals (you have to be an MP or senior government official to pull this, or a business person willing to share the spoils with those in power), and by starting a pyramid scheme of your own (and to do this you need to have very good connections). Should you go down this "wide path", know this: time will catch up with you and your reputation. And our jails, like PSVs are never full!

Work your way up and stop dreaming of flying before you can crawl. A tree climber starts from the bottom. Our neighbors, the Baganda, say : "that which ripens quickly rots quickly."

Enough said.

Here is the link to that Business Daily article. Enjoy your reading!

Have a great week ahead!

-sirkarani@gmail.com-