Skip to main content

Public participation influences value.


Value is a relative term. Someone has rightly said that the more people are attracted to something, its value increases. There's been a campaign about cryptocurrency (TBC, Bitcoin etc. You can contact me for more details on it) and the potential of its value increasing. The truth is, the value of cyptocurrency would increase as more people invest into it. Public participation is a vital factor in the value market.

BigBrother naija has gained considerable relevance in the entertainment industry simply because there was huge participation from the public. Many people followed it faithfully to the end. This has increased its market value.

The value of land is no exception. It's value is proportional to the existing development around it. Development is this article would mean public participation. As a place gets developed (especially infrastructural developments), activities in that place increases, more people begin to commute in the place.

This is the story of Osun state. Recent reports have it that in Osogbo - the state capital, a hectare of land that sold for N250,000 in 2010 now sells for N5million to N10million depending on the area. Infact, a plot of land at the Government Reserved Area (GRA) Osogbo sells for as high as N30million to N40million; same thing with areas like Ilesha, Ile-Ife, Ikirun, Iwo among others,

But what caused this rapid increase in land value? The answer is simple - infrastructural development which translates to increase in public participation, 

In the last 5 years, the Governor of Osun state Ogbeni Rauf Aregbesola has embarked on several road construction projects across the state. This has facilitated ease of commutation within the state. Simply put - ease of public participation. Businesses that require transportation can now do so without any qualms that are associated with bad roads. Good roads have a positive effect on public participation in an area.

'Make the public interested in your product or service, and its value would increase.'

Comments

Popular posts from this blog

WHAT DOES MATTHEW.11:11 REALLY MEAN?

" Verily I say unto you, among them that are born of women there hath not risen a greater than John the Baptist: notwithstanding he that is least in the Kingdom of heaven is greater than he" The very words of Jesus in the book of Matthew chapter 11 verse 11. Growing up in an environment where Christian maturity was subtly related to how much material wealth you are able to accumulate, scriptures like the above were veiled from my understanding. The same is the case for many believers who knowingly or unknowingly have supposed that gain is godliness. (1 Timothy. 6:5). In the above text Jesus was talking to a large number of people about John the Baptist (Matthew.11:7   "as they departed, Jesus began to say unto the multitudes concerning John..." )  and He reveals some things about the person and ministry of John the Baptist that without careful reading you might veer off His emphasis. It would interest you to know that in explaining the person and ministry of

Deal or no-deal

In my short experience in Nigeria's real estate market I have observed that concluding deals requires something 'less' than the good certifcate, excellent resume' and the likes. Like I have always said, money will always exchange for value, not just that, trust also. Any prospective client that perceives value and trust will be ready to give you his/her money. So how do you make someone who has a 'deep-pocket' patronize a real estate product you are marketing? How do you make that rich guy perceive value and trust? TRUTHFUL AND CONVINCING WORDS. That's it! Words that are convincing, truthful and rightly communicated can influence the outcome of any deal, big time. A client may not know the value of a property until you explain, make him/her see things he couldn't see - the location, similar properties in the area that are more expensive, etc. Make sure you don't tell them only the good part, mix it up so that while presenting value, you bu

Commitment

One way or the other, you must have heard an accomplished entrepreneur or business owner, a top management official, or a celebrated figure emphasize on commitment to a given goal as a vital ingredient of their success. Truth be told, it is easier said than done. But, the fact remains that your success is hinged on this one thing- commitment. Look at Jesus' response to a fellow who wanted to be part of His ministry but was a bit distracted with other things. Luke.9:62 And Jesus said unto him, No man, having put his hand to the plough, and looking back, is fit for the kingdom of God. To be successful in the things of God requires commitment, it demands that you consistently do certain things. This kind of approach will always produce results no matter how long it might take. It starts from little things. It doesn't matter what kind of business or job you do, this singular factor will always make you stand out. This will always pay off no matter what you're i