How to Survive the Present Economy Challenges

Economically, the chances of survival are very low compared to before when the price of things was normal.

Nowadays,

So to survive the present challenges, you have to do these things:


• Plan yourself ahead of time: With the rapid increase in the prices of goods and services, planning yourself on the way to spend your money is very important. For example, planning how to carry out your spending as a person will help you a lot.


• Have an order of priority: Spend money on things based on your pressing needs. Weigh your needs from top to bottom, and give interest to the ones you can't do without. This will help you to avoid spending money unnecessarily.


• Have a budget: Based on the amount of money you have at hand, write a list of what you want daily, weekly or, sub-weekly and allocate money to each of them. Then, spend the money in line with the prices on the list to avoid unnecessary spending.


• Save up: Learn to save even if you don't have much. Bringing out a certain amount of money for saving will save you every time, most especially when you are in dire need of money in the future. There are many ways to save money (local or modern means). If you always find it very difficult to save, source for legit banking apps that would allow and remind you to save the little or more you have.


• Increase your earnings: If you've always been earning lower before the drastic rise, look out for means of increasing your income. As the prices of commodities rise, your income too should rise. Strive diligently to increase your earnings.

You can always seek professional help on saving. Always review your progress as time goes on to see the areas where you will improve. This will help you to keep track of your spending and how to manage your life as an individual. Ensure that you show up to your line of duty and save more.

Save the Date: Women in Tech Global Conference 2024, April 23-25

https://lnkd.in/eSwA3Mq

Join us again to unite 100 000 women in tech from all over the world.

Chief in Tech Summit

Key Tech Summit

Career Growth Summit

Global Impact Summit

#womenintech #womenwhocode #womeninstem #tech #conferences #WTGC2024

Relevant skills every African tech enthusiates could acquire.

 Technical skills are the specialized knowledge and expertise required to perform specific tasks and use specific tools and programs in real world situations. Diverse technical skills are required in just about every field and industry, from IT and business administration to health care and education. 

25 Relevant tech skills in todays world.  

1.Audio production
2.Industrial design
3.Cyber security
4.Artificial intelligence
5.Cloud computing
6.Software engineering
7.Software development
8.Project management
9.UI/UX design
10.Data analytics
11.Data science
12. Programming
13.Computer graphics
14.Digital marketing
15.Translation
16.Mobile development
17. Virtualization
18.Business analysis
19.People Management
20. Technical writing
21. Block chain
22.Quantum computing
23. Robotics
24.Video production
25.Game development  

   Having a tech skill is critical at the level of civilization the world is at,young africans are encouraged to learn a tech skill as this will keep them relevant in this fast changing generation (Genz).

 

The logistics industry in Nigeria is undergoing a major transformation, thanks to the increasing adoption of technology. In the past, logistics was a relatively manual process, with businesses relying on paper records and offline systems to track shipments. However, the rise of digital technology is changing all that.

Benefits of using technology in logistics

The use of technology in the logistics industry is likely to continue to grow in Nigeria. And as technology continues to develop, we will see even more innovation in the logistics industry. This will lead to more efficient, transparent, and accessible logistics services.  Here are some of the benefits of using technology in logistics:

• Real-time tracking: With real-time tracking, businesses can see exactly where their packages are at all times. This information can be used to optimize delivery routes and ensure that shipments arrive on time. Logistics companies can save time and money by using technology to track deliveries and optimize routes. Real-time technology is making logistics more transparent by allowing customers to track their deliveries in real-time. This gives customers peace of mind, knowing where their goods are and when they will arrive
• Automated data entry: Automated data entry systems can help reduce errors and improve the speed of data processing. This can free up staff to focus on other tasks, such as customer service.
• Cloud-based logistics software: Cloud-based logistics software allows businesses to access their logistics data anywhere. This can be helpful for businesses with multiple locations or those needing to collaborate with partners.
• Mobile apps: Technology is making logistics more accessible. By using mobile apps, logistics companies can reach a wider range of customers. Also, these mobile apps make it easier for businesses to manage logistics operations and can be used to track deliveries and communicate with customers.

How Kwik Pik is Using Technology to Deliver a Disruptive Logistics Experience

The logistics industry is ripe for disruption. Traditional logistics providers are often slow, inefficient, and expensive. This is where Kwik Pik comes in. Kwik Pik is a technology-enabled logistics company that is disrupting the market by offering a faster, more efficient, and more affordable delivery experience.

One such company is Kwik Pik Logistics. Kwik Pik is a delivery service company that uses a mobile app to connect customers with drivers. The app allows customers to track their deliveries in real time and provides drivers with information about the best routes to take. This has made Kwik Pik a popular choice for businesses and individuals who need to send or receive deliveries in Lagos and nearby states.

Kwik Pik is using many technologies to disrupt the logistics market in Nigeria. These technologies include:

• The customers are provided with a mobile application that enables them to monitor their deliveries in real time. The application is conveniently accessible for both iPhone and Android users through the App Store and Google Play Store. Additionally, individuals have the option to register as riders for the service.
• A GPS tracking system that helps drivers find the best routes to take.
• A system that uses artificial intelligence to optimize delivery routes.

These technologies have helped Kwik Pik improve its efficiency and transparency. As a result, Kwik Pik has been able to attract a large number of customers. In addition, the use of technology has helped Kwik Pik expand its reach into new markets.

Conclusion

The use of technology is having a significant impact on the logistics industry in Nigeria. This is leading to the emergence of new logistics companies that are using technology to disrupt the market. Kwik Pik is one such company that is using technology to improve efficiency, transparency, and accessibility. As the logistics industry continues to grow in Nigeria, Kwik Pik is well-positioned to benefit from this growth. However, technology is having a significant impact on the way logistics services are delivered. As technology continues to develop, we will likely see even more innovation in the logistics industry in Nigeria.

   E-commerce has changed the business world into  a digital market.which has been achieved through technological advancements,and increase in small capital start up Businesses.

   There is need therefore a break down of simplified and precise measure to take so as to start up an online business or store

1.Choose what to sell

     this is usually the most difficult task to achieve in starting an online business, because, now there is need to decide by considering several factors,which could include the availability of the product,the desirability of the product e.t.c and this could be a very herculean task.

 2.Evaluate the sellability of your product

    who are the targeted audience for your products and how much are they willing to buy,and at what rate are they buying.its is important that we decide the desirability of the product you want to sell,so as no to invest your capital in products that will stagnate your capital.

3.Availability of the product

   How fast and how easily accessible are your products,don't sell a product that you are not sure where to restock from when you run out of products,and also don't sell products that's their raw materials are relatively scarce.tbis could be detrimental if not thoroughly considered.

4.Thoroughly study your competitors

    Here the SWOT analysis could be very strategic to execute this,so as to have a competitive advantage and not be thrown out of business by your competitors.

 this also helps you to differentiate your business from your competitors business and amplify to your audience the benefits of your own brand overs theirs.

5.Write a business plan

  

     A business plan helps you bring your ideas together,so as to present your business in a much more organized form.it arranges priorities of a business, highlights the mission of the business,thereby showing potential investors and employees the core values of your brand.

6.Choose a business name and logo

   this is aimed at helping you give your brand it's own distinct identity,and also make it easier for your customers to identify and locate your own brand with complications.

   An online business or store can be very easy and yet complicated to start if the right measures are not taken,so build your brand through these precise and yet simplified ways.

            The tech ecosystem in Africa is proof that there will continue to be a growing population of software developers coming out of Africa. Since the start of the covid-19 pandemic, the world has leaned toward remote, hybrid work, which enables African talent to be considered globally. Further, with the development of new technologies and software not slowing down anytime soon – as more countries are adopting technology and innovating faster – African developers are an attractive asset for remote teams.

 *Cost effective

While the global average for software developers ranges between USD 80,000 - 120,000, senior developers in Africa are seeing an increase in their income from USD 11,000 - 55,500 on average. The global salary range for junior developers is around USD 65,000 - 91,000, compared to junior software developers from Africa who earn much less – especially considering they mostly work remotely,also there is no office space cost since they work remotely.

*Diversity in teams

 having a team located across the globe improves your product and service and opens your eyes to different perspectives.therefore employers hire developers from across the globe to gain ground and also have a rigid stand in the global tech world.

*Creating employment

When tech companies hire from Africa it helps to pull help to increase employment and development in that area.so many African tech talents who have been hired by foreign tech companies have gain personal development and exposure,and this could help them bring more development to their areas and regions.

*Contributing to local development

hiring of African talents will help improve the quality of talent and equip them for global relevance.International companies can contribute to local development by hiring developers from those areas.

*Language and communication

Many African countries either speak English or French, therefore it bridges the gap in communication problem as many international companies are also  English and French countries.this majorly increases the number of tech talents hired from African countries globally.

*Technology adoption and solving the global IT talent shortage

the tech industries globally has been growing and a lot of new tech companies are still springing up , therefore more developers are needed to fill those new roles as new tech Start ups are still being founded,and Africa has a very large population and tech developers are also increasingly rising from africa.thereby drawing the attention of foreign tech companies.

Conclusively

  Most developers are resilient, and you begin to understand how resilient they are when you hire software developers from Africa. Not only have they been able to overcome barriers frequently experienced in Africa, like infrastructure issues, but they have also trained themselves to become world-class communicators and software developers. This makes them independent, agile, and self-motivated, which is a great advantage to employers. 

A lot of Folks these days are transitioning into the tech industry, it seams like a trend .

While transitioning into tech offers you a vast amount of opportunities, it's important for you to know what you are getting into before you start your Journey

Here Are A Few Things You Can Learn From My Own Journey

1. Be Prepared Not To Give Up : Every Industry has its own perculiar challenge. The tech industry can be  even  more challenging for you coming from a "non-tech background " But you must understand that "nothing good grows in a comfortable environment" I heard that statement from Mrs Confidence Staveley, CEO, Cyber Safe Foundation. It did not mean much to me until I started the 7 month intensive course in March. The tech industry is not an easy one , so you must come prepared not to "chicken out"

2. Ask A Lot Of Questions: Google and YouTube should be your biggest allies. Find people who know more than you do and ask them the right questions so you won't lose your way ..

3.Be Involved In A Community Of Like Minds: This is of utmost  importance and will make  your journey a lot easier . Being in a community has helped me immensely. It's part of the reason why I am enjoying my cybersecurity journey. The support  and encouragement you get from such communities will contribute to your success in the industry

4. ENJOY EACH MOMENT AND HAVE FUN!