The Founder, President, and Chairman of the Coscharis Group, Cosmas Maduka says he uses a rubber band to tie and hold his phone to keep it from falling apart.

The businessman, while speaking at The International Festival Of Victory (IFOV), an annual conference of Word Assembly, held at the Vision House Headquarters in Lagos, said he wonders why people use expensive gadgets, In a 4-hour business lecture, The 61 years old business tycoon disclosed that he uses a rubber band to keep his phone from falling apart, and he only changed phones when his wife gifted him a new one.

The chairman of Coscharis Motors also said that his 2 sons were not allowed to drive any car until they graduated from the University, he added that he once kicked his second son out of the house for 3 months for driving a car.

The Nnewi native said he trained his kids without a Television in his house and to date, he does not have Cable Tv at home.


https://www.youtube.com/watch?v=iw8EZybTRIQ

you get money, you no enjoy yourself, you are on your own

Na wash

Everything is a matter of priority.

Folks that are into freelancing will require a good laptop and/or a good smartphone too.

Anyway, it's a good thing that he taught his kids NOT to depend solely on his wealth.

Hmmmm

No matter the method or severity of training...
Que sera sera

I know his in-law a multi millionaire who operates in similar way, he once told me that growing up was hell, therefore they do not want their children to grow up believing that they can afford everything.

It has to do with their up bringing and religious beliefs.

Arrrrrrrh

Your choice shouldn't be another person opinion. Don't use your initiative to sound like one motivational speaker.

Cause by God grace I can't use a ban to tire my phone despite am not rich. How much does it cost to change a case?

What does it profit a rich man to tire his phone with rubber ban?

jew man.....why would you be stingy with your kids?

Whilst the like's of Ifeanyi Ubah robbed you of millions?

Lol

Alright

Does that even make sense ? Stop glorifying nonsense ...It's Satanic money worship and disorganization that will make man worth 500 million dollars to tie his phone with Rubber band

Baba stop trying to market poverty for us abeg. If poverty sweet like that why you no poor?

When I become a billionaire, I will encourage my kids to have the best of childhood available. Bit from year 1, in the uni, they get seed funds for investments and I will mentor each one on growing a business, giving and financial responsibility.

What's d need of banning things at home they can get or do outside?

Mitchewwww

You need a shrink

But u had drivers that drives madam and your kids...

If nah stingy, e dey ur body, knew when u are fond of driving bike to ur kirikiri office when u where staying @ that estate by westminister..

Nah accidented cars u dey drive, that I know but telling us u don't have cable TV @ home as a criteria for success or training ur kids, oga stop that trash talk afterall ur kids re just messing up the structure u built..

I never see this kind man for my life. The day I saw this man's house in Nnewi I was shocked. Very simple four or five bedroom duplex

Stringy man. Anambra people and stingy are like bread and butter

I have watched many of this man videos and they are truly inspiring.

One of his lectures at the lagos business school was eye opening on running a business.

He is very old school and very frugal but his messages are very real and straightforward.

Most of social media warriors wont be able to handle this straight forward talks.

They will go ranting and end up poor forever

Lastly, i noticed how employees always want to live better than their bosses.

That's outrageously outrageous.

if u lik mak ur phone no get casing wen Kidnapper open ya file omo na safe journey for u...


Baba be talking like a Motivational Speaker

This is what I call vanity
What shall it profit a man to have millions and live like a begger?

theFilmtricsay

reminds me of Ada Obi watch story.

If you work for this man, you will never progress.

Selfish man. At the end your children go carry your money buy assurance for their gf's.

Before or after.

Then why make all this money? Some r jst naturally born 2 suffer wit all d money,see hw he looks sef

More money less spending

This man get money, so all this is rules no be problem.

Children of rich men, no get problem... Mumsy,uncles,etc and their fellow rich kids will see dem tru.

His sons will not drive till dey grad.... Not too bad for kids wey dey sure of flexing BMW once dem grad.

If he was a poor Dad, I for don bash am.

When poor dads make dis kind rules, ed day vex me.Because money sef no dey, so who are dey deceiving?.



If you work for this type, you will be poor.

these are the first yahoo boys. if say na now, him and hush for dey share the same bed

There's light at the end of the tunnel at last

Who will change mine too

Besides, that means i am a potential billionaire

It's a choice