Investing in GhanaHow to Lose Money Fast

in “Get Rich Quick” Ventures

A Cautionary Tale from JCS Investment Ltd

http://www.jcs.com.gh

Investing in Ghana

The Attraction of Bubbles…It is a hard lesson from history that every new development in

business tends to be accompanied by reckless investment.

The results of scams, bubbles and recklessness include the panic of 1893 in the USA (caused by railroad overbuilding) and the 17th century tulip mania in

Holland. At the peak of that craze, in March 1637, some single tulip bulbs sold for more than ten times the annual income of a skilled craftsman.

Investing in Ghana

Be Cautious Bubbles change over time… There is now a popular and mistaken

view that it is easy to make BIG money in fish-farming

Do you really believe that it’s possible to double your money in as little as six to twelve months? If so, prepare to be disappointed!

Investing in Ghana

Dreaming of Riches?

We look at five ways you can lose money fast in fish farming

It’s really very easy, so if you want to join in this increasingly popular activity of losing money fast, this is what to do...

Investing in Ghana

How to Lose Money Fast

1. Give Your Money Away You give your money to someone who promises you amazing returns, but fails to mention all the risks that are inherent in fish farming. Fish are very susceptible to poor water quality, rough handling, sub-standard feed and unskilled staff.

Investing in Ghana

How to Lose Money Fast

2. Don’t Bother to Learn AnythingFish-farming requires an understanding of genetics and the importance of using fast-growing stock. The ‘feed conversion ratio’ is critical in fish farming, but the naive investor assumes that ‘big fingerlings’ are the secret to ‘big fish’ six months later. This is not the case. Genetics is everything!

Investing in Ghana

How to Lose Money Fast

3. Ignore the MathematicsIt is vital to record how much feed is being used and record the progress of each batch of fish. Calculations are required to support all aspects of the operation and to produce budgets for the full production cycle. You delegate this responsibility at your own risk!

Investing in Ghana

How to Lose Money Fast

4. Trust Your Staff You may have a strong belief in the goodness of human nature and assume that the staff responsible for your fish are 100% honest and conscientious in their approach. Experience suggests that this is often not the case. The hard reality is that all staff must be properly supervised.

Investing in Ghana

How to Lose Money Fast

5. Forget Security This is one of the best ways to lose money and it is very easy to do. You simply invest a large amount of money feeding your fish for five months, so they start to look like gold bars in the water. Then your stock disappears. It may happen slowly, with just a few fish being taken each day, or it can happen suddenly…

Investing in Ghana

How to Lose Money Fast

It’s Not Just Fish-Farming…The five points listed previously can be applied to any new business start-up! Remember that there are significant risks in emerging markets. Impact Investing requires rational analysis of all the key factors and a realistic appraisal of the context. Wishful thinking does not support long-term success!

Investing in GhanaAvoid Losing Money

in “Get Rich Quick” Ventures

http://www.jcs.com.gh

This presentation is available from JCS Investment via Ezine Articles & SlideShare“Impact Investing - How to Lose Money Fast”

Discuss Genuine Opportunities with JCS Investment LtdLocated in Accra, Ghana