IDEAS

 One revolutionary idea will change your life or organization forever”

Ideas are some of the most powerful things in the universe. Civilizations owe their birth and advancements to ideas. 

The force deployed by an emerging civilization to topple an older one is ideas. Nations are born; they mature and accomplish great things through the unquantifiable power of ideas. Industries, Institutions, Organizations, Businesses, Charities etc. come into being and go on to excel beyond anyone’s wildest imaginations through the profound power of ideas. 

Individuals re-invent themselves, re-write their stories, change their destiny, prove doubter and cynics wrong; (those who have said “Can anything good come out of Nazareth”? ) through the incredible power of ideas.

All human progress in the last several thousand years all owe their existence to ideas. As a matter of fact, once ideas stop flowing, stop being birthed and pursued by men, human progress comes to a thundering stop. Civilizations shrivel, and die. 

Nations stumble and fade away. Industries, Institutions, Organization, Businesses, Charities etc, whither and perish. Individuals stagger, fall and pass into oblivion. 

They can no longer answer the beckoning hand of destiny. Progress, advancement, achievement dither and die. Man comes to a complete standstill.

IDEAS RULE THE WORLD

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HISTORY AND IDEAS

HISTORY AND IDEAS

MONEY

Let us start with the evolution of money. Initially, man transacted business through trade by barter. But it was a very cumbersome means of doing business. There was the challenge of determining the value of the item you are giving to me viz-a-viz the value of my own product that you are taking in exchange. There was also the problem of whether I needed what you had to exchange for what was in my hand.
So ideas came to the rescue. Somebody somewhere came up with the idea of using commodities like Cowries, Seashells, Beads, Gems, Silver and Gold. These commodities’ arrival as a means of money for business transaction solved the problems of barter mentioned above.
This new “Money” was okay for transactions in a small geographical area like a village or small town. But once merchants started travelling over a hundred miles or more to do business it’s limitation was exposed! What if a merchant travelling with ten camels or donkeys laden with silver or gold is ambushed by robbers and robbed? That jeopardizes not only the merchant’s personal business, but the trade business as a whole. So, there comes another smart idea to the rescue.
Local bankers emerged who issued what is called receipt money to the merchant. All the merchant needed to travel with was a piece of paper which showed he had the value written on it stored for safekeeping with his local banker. He would carry out his transactions with the receipt and the local banker in the far away land he has travelled to will reconcile/adjust accounts with the merchant’s local banker back at home. How beautiful ideas are!
While this system suited the travelling merchant going to a far country, the generality of people who still carried out transactions mostly through the aforementioned commodities were getting tired of carrying weighty items around to consummate transactions. Man’s “saving” grace was another idea.
The idea of printed currency which was light and easy to carry solved other problems too by having a fixed and easily determined value and being universal as far as that particular country is concerned.

But then other problem arose as the global economy became more sophisticated and complex. No matter how light paper currency is, how does one move Ten Billion Naira from Abuja to Lagos? Or how will a Nigerian businessman make a $500million payment in America with paper currency. 

Ideas evolved again and today the banking system operates sophisticated money transfer mechanisms where billions of dollars are transferred from one point to another simply by the push of a button in some office thousands of kilometers away.

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