Last week I posted something about so-called forex traders who defraud others, in order to appear wealthy and rich on Social Media. I guess Thami Ndlala is proof concerning my last-week writings and blog post — As one nigga tried by all means to lambast the topic.
Note: The purpose of my writings is not HATE but to enlighten others, give different perspectives and understanding. Truth is I have always ridicule scammers whether be in my writings or in-person. It stinks, and it does no good for the economy. People don't know how to build businesses and by so doing they give a bad name to entrepreneurs.
So, I'm writing following my last week's writing to forex traders and the latest trading news.
According to the latest news, Thami Ndlala defrauded pensioners from Mpumalanga, Pretoria & Johannesburg of their investments. Apparently, he’s a self-proclaimed Billionaire, yet he’s renting and leasing cars. The biggest mistake he made was to marry a Radio & TV Personality by the name of Lerato Kganyago.
It doesn’t take long for one to see a scam, yet people somehow get blinded by luxuries and wealthy — If one would have traced him on the internet, it doesn’t take much to notice from his not-well-written biography and musty website to realize that this is a scam. Not to mention since he claims to be a billionaire — no popular media sites have written about him. I’m talking about Entrepreneur Magazine South Africa, Forbes Africa, Fast Company, and Fortune, just to mention but a few. These are credible media houses, and you won’t find a scammer in it because they do thoroughly investigative journalism, in order to protect their reputation and readers.
I know someone may say, others may prefer to be private — listen if you’re going to be a billionaire or to claim to be one. Your PR person would advise you to do interviews with such media houses because once you’re in such, it grows your credibility and expands your business relations. It is also for your gain and brand equity.
To see this, sometimes you must ask yourself, what is this guy owning, which I and everyone can point to? I always ask myself that question — I see a lot of nice personal brands, posting nice cars, watches, and so on.
If Forbes says Patrice Motsepe is a billionaire, they didn’t look what car he owns or look his social media lifestyle — they would point you to African Rainbow Minerals, African Rainbow Capital, and stakes in Sanlam. These are corporations that are there and you can point at.
They claim to have money, claim to be successful businessmen and entrepreneurs — The question is what are you owning, which we can point to? What brand are you owning? At least if we speak about people like Allen Ambor — When the man says he’s a billionaire {which he never claims to say} at least you know he owns Spur Corporation, which owns a fleet of other known restaurant brands.
It is something you can point to. Not a fly-by-night Investment company, which has a musty website and no known clients in their portfolio. At least if you mention that you’re still a startup and that would make sense. The mistake most of them do is to over-sell themselves on their website, profiles, and social media.
It is something you can point to. Not a fly-by-night Investment company, which has a musty website and no known clients in their portfolio. At least if you mention that you’re still a startup and that would make sense. The mistake most of them do is to over-sell themselves on their website, profiles, and social media.
For instance, when you go to Thami Ndlala’s Company’s website on the section about him you’ll see this statement on his biography “A few years after venturing into business, he bought his first Ferrari and Rolls Royce adding to a collection he already had.” That is unnecessarily and it calls for attention — The statement tries to say hey I have money, look I bought my first Ferrari and Rolls Royce so it’s good you invest with us and you also will have such cars.
For instance, when you go to Thami Ndlala’s Company’s website on the section about him you’ll see this statement on his biography “A few years after venturing into business, he bought his first Ferrari and Rolls Royce adding to a collection he already had.” That is unnecessarily and it calls for attention — The statement tries to say “hey I have money, look I bought my first Ferrari and Rolls Royce so it’s best you invest with us and you also will have such cars as well.”
If you trade Forex and it’s making good money for you — trade it and leave us alone. Why see a need to be an evangelist? Why put a front with a so-called Investment company? Why over-sell yourself? Just be you and do you, and for the sake of God, don’t go into business only to defraud others.
Be authentic. Start Small, but with a global vision. Understand your business and know what problem you’re solving. Simple as that…
And please go to school, it will save yourself from such embarrassment.
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