Note; the pictures on my posts are mine, and I took this shot in 2020, Lagos Nigeria
I saw a show where a certain millionaire invests in car repair businesses, allowing the owners to renovate their workshops and attract more customers. However, he does not simply choose the first car workshop he comes across.
The man examines the workshop and the location, as well as performs some calculations to determine whether the business will be able to generate one million dollars per year.
However, it is always a difficult process because most of the workshops he attends, he asks a team or professionals to study the behavior of the workers there and whether they had the right attitude to work, after which he asks the owner of the business to assemble the team so he can inform them that he is fully taking over.
The workshop owner and the workers dislike the changes, but they are unable to leave their jobs. They were previously earning peanuts with the car repairs they've been doing in the past, and they were comfortable with this but then a big investor comes in with the promise of changing the business and in turn changing their lives.
However, these guys cannot imagine being policed by a new boss; they find it humiliating to be told to stop smoking in the shop, cut their hair, wear a specific uniform, and have their workshop dismantled and rebuilt.
Resistance to change stems from being overly accustomed to and comfortable with certain habits. They understand that this investor will eventually change their lives, but the short-term changes they must deal with are often too much.
Positive and advantageous changes always seems uncomfortable in the beginning even when it pays dividends in the long run, but not all changes are positive, and some changes happens especially when we cannot control it.
What I noticed is that some of the workers in the workshop are complacent, and many of them are not as active as they should be, which is most likely because the business owner allows it.
However, a potential investor looking to make money will not tolerate this attitude, so either they are willing to change or they quit. Having a new investor is like having a new sheriff in town; they are out to make money and do not care whose ego they have to bruise or who they have to fire to get that business up and running.
Angel investors differ from normal investors. Venture capitalists are mostly brutal about profit, and while their proposal to invest in your company appears to be magical, the changes they intend to implement feel invasive and difficult.
VCs remind me of moneylenders.
On the surface, they appear to be saviors. Why? Because they readily provide you with the funds you require for whatever purpose. Being in debt is not a problem; it is the requirements, collaterals, or repayment terms that can make it diabolical.
However, owing debt can mean you now have the opportunity to start a business or earn money, and most of the time, people choose to be in debt because it allows them to put their money to good use, which is why debt is not such a bad thing.
However, the repayment conditions can cause significant discomfort, and these experiences or changes can be extremely difficult.
99% of investors are not emotional, but 1% may be, and these are the ones who do not care about short-term profits.
Because investors/VCs want 100% profit for every penny they put in, they already have their own rules for how things must be done, and sometimes the owner of the business does not want things to be done that way, but because the person who brings the money is critical, things must be done their way, whether it is the right way or not, or whether the business's leaders will compromise on their principles.
It (money) directs people in directions they would not normally follow. People sacrifice their values for money, doing or saying things they would not normally say, because their lives depend on it. This means that change is not always progressive.
Sometimes change is simply intended to create a takeover.
Sometimes it can be hostile, sometimes it can backwards and sometimes it can happen because money is involved. It is how the slave trade thrived in Africa, and it is where betrayal and greed originate, but this is a different issue.
Many people will gladly accept financial innovations, but they will struggle to understand that they must change in order to adapt to the innovations that are coming into their lives.
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