ENTREPRENEUR
Sunday, 29 January 2017
Politics vs Entrepreneurship by Daniel Riwo
under developed countries, because of the way and manner at which
certain governments handle certain areas during governance
(finance,health,Agriculture etc)
Which ever be the case, the similarities it has with entrepreneurship
is just a thin line.
As Entrepreneurship is meant basically to effect positive changes in
the society it is influenced most times by political actions, ranging
from laws and reforms that affect the business world and a good
working environment.
The absence of active and participatory youths in politis has affected
Entrepreneurship greatly, if we had even a handfull of youths in
active politics, Entrepreneurship would'nt be facing as much
difficulties as it is facing now.
The government may not feel the plights of young persons tht are
involved in one venture or the other because those in government are
already most times established in various fields on endeavour.
Its high time youths took their righfull place in decision making in
any environment they find themselves, youths need to become actively
involved in politics.
#ijustwanttomakecommonsense
written by Daniel Riwo
Thursday, 23 June 2016
Leadership and succession selection by OAP Kelly Egiga
Excerpts from the leadership school held during FECA CRSZ'S Revelation conference 2016 By Kelly Egiga.
leadership and succession(Ruth 1:6-18 ,2king 2:1-11).
leaders act positively on everything they listen to...
HOW TO PREPARE YOUR SUCCESSOR .
There is no need leading and after leading and there is nobody who is better than you to take over from you.
7 tips to choosing your successor.
1-accept the fact that you are not indispensable-you need to know that whenever you are in a leadership position you are time bound.
2-you need to identity people who are A-players. you need to identity those that have the capacity to take over you.
"There is something wrong with you if you can't identity your successor".
3-you have to include your potential leaders in conversations,meetings, programs etc. you need to go the extra mile by pushing them.
4-you need to stretch your succession candidates.
give them assignments that will take them out of their comfort zone through wisdom.
5-coach them in their development. get to engage them so that they can debrief you.
6-pray for your successors
6-don't just develop one person,coach/train a hand full if you have the time to follow/mentor somebody or it has to do with the opposite sex,you can push the person to someone else because your relationship with God is more important.
THE LEADER AS A FOLLOWER .
follower-ship is one of the most difficult things to do but it is one of those tools that go give you Succes.
"God's pattern of leadership is by dictatorship" when God puts a leader in position he does not expect us to oppose their leadership
HOW TO FOLLOW
1-NECESSARY PREPARATION
2-FOLLOW BLINDLY AND FOOLISHLY
3-FOLLOW WITH A RUGGED AND DOGGED DETERMINATION NOT TO QUIT
if you are not following anybody naturally nobody will follow you
4-FOLLOW WITH WISDOM
"followers are more important to leaders than leaders are more important to followers"
Barbara .
Thursday, 16 June 2016
List of Top 10 Nigeria young Entrepreneurs
Under The Age Of 30 . They can inspire you to forget
your girlfriend and start doing something more
functional.
Since the global economic downturn survival has not
been easy for all and sundry. The economy is biting
and it actually requires a strong and determined mind
to survive. With Massive unemployment in the country,
relying on the government to provide employment to
teeming unemployed youths is a dream that will be
hard to actualize in the near future.
Nigeria is a country that is filled with massive business
opportunities. The inspiration that you will draw from
these ten young entrepreneurs presented here will
encourage in your struggle to survive.
You are filled with potential. All you need to do is to try
and discover that God-given potential in you and work
towards actualizing it through patience and
determination.
Remember the saying, "where is a will, there is a way".
If your mates are making it, why can't you? Let this
thought spur you and be your drive. Do not relent till
you see your dream actualized.
Nigerian Youths are currently making strides in
innovation and entrepreneurship much like those of
other nations of the world.
Hopefully this will gradually grow to the point that
unemployment in the country will be fully tackled.
There are a lot of notable Nigerian youth entrepreneurs
that need emulating from.
However, we are particularly interested in these few for
now. Here are the top 10 Nigeria young entrepreneurs
under the age of 30. Happy reading …
10.
Simi Fajemirokun,
Founder – ESFAJ and Partner
She is 30 years old and a graduate of Political Science
and International Relations from the University of
Reading, United Kingdom.
ESFAJ & Partners was established three years ago as a
management consulting firm that deals in research,
data analysis, design and general business
development.
The ESFAJ & Partners as a consulting firm started due
to the abhorrence the founder has on the way foreign
firms provides Nigerian government agencies with
mediocre solutions to our government agencies.
She had worked as a local consultant while working
under a foreign firm which was where she drew the
inspiration to start her own instead of doing majority
of work for foreigners and being paid meagerly. The
clients of the company is majorly government agencies
and owners of the SMEs.
09.
Dolapo Babalola , –
the MD, Dolapo Creations.
Dalapo Babalolo is 26 years old and a graduate of Tai
Solarin University of education Ibadan. She was
moved to start the business do to unemployment after
her first degree and while doing her masters instead of
staying idle.
Dolapo Creations are into jewellery making with the
use of wire works and bead making. They design and
make jewellery for brides, bridesmaid and individuals.
08.
Mr. Peter Nsikan,
T he CEO of Crystal Travels and Tours
Mr. Peter Nsikan is 29 years old and a graduate of
Yaba College of Technology where he obtained an
Ordinary National Diploma in Business Administration.
Crystal Travel and Tours is a travel agency which
assists clients who want to travel to the United States,
the United Kingdom, Germany, France and other
countries of the world. They help them to obtain
appointment dates for their visa interviews.
The work of the company is to assist their clients fill
their application forms and also get them prepared for
their visa interviews. They as well help clients to make
hotel reservation, purchase their flight tickets and
make taxi reservation in their supposed country of
visit.
07.
Titus and Tobias Igwe
Founders of Speedmeals
The two brothers are widely known as the Igwe twins.
Titus and Tobias are 27 years of Age and joint owners
of Speedmeals Mobile Kitchen.
The company is a food delivery services company in
Nigeria. They had a humble beginning. After the death
of their father in 2009, the twins took over the
responsibility of their father to take care of their mother
and their other seven siblings.
They began with office assistants and while working
as office assistants they were often sent out by their
fellow staffs to purchase food for them.
It was while doing this they were inspired to start
mobile kitchen to cater for the needs of the majority of
staffs who haven't the opportunity of having good
meal while in the office.
They began the business in 2010 with N50, 000, and
within a space of 1 year made recorded RIO of roughly
N3 million. They have currently trained many Nigeria
on basic catering and baking techniques, to allow
them to set up their own businesses.
06.
Bankole Cardoso
CEO of Easy Taxi Nigeria.
25 years old Bankole Cardoso is the founder of the
Nigerian operations of EasyTaxi. EasyTaxi is a taxi
mobile App that was established in Brazil in 2012 by
German technology startup, Rocket Internet GmBH.
Easy Taxi is designed to link taxi drivers to
prospective customers.
The app allows the taxi drivers to order for a taxi and
establish their point of pick-up through mere mouse
click. EasyTaxi in return forwards to the passenger an
affirmation of the name and phone number of his
driver for him to make physical contact with the driver
immediately.
Cardoso previously worked with Pricewaterhouse
Coopers and the Carlyle Group in New York before
setting up his own in Nigeria.
05.
Uche Pedro
The CEO and Founder of a popular Nigeria
Website BellaNaija
Uche Pedro is 29 years old and a Nigerian media
entrepreneur.
The Media Company is a popular and trending media
organization specialized in crafting online articles and
content for Nigerians and Africans as a whole.
The site is a top lifestyle, entertainment and fashion
website. It enjoys over million visits every month.
04.
Chude Jideonwo & Adebola Williams,
Founders of Red Media/ The Future Project
Jideonwo and Williams together founded Red Nigeria.
Red Media Company is a top full service media-
content, communication and Development Company.
The company as well owns The Future Project (TFP).
The Future Project is a tactical social venture/change
communications organization which hosts the yearly
Future Awards.
The future award is Nigeria's most significant awards
for exceptional Nigerian Youths.
03.
Ola Orekunrin
Founder and CEO of Flying Doctors
Ola Orekunrin is a medical doctor and a healthcare
entrepreneur. She is 25 years of age and the founder
of Flying Doctors Nigeria. Flying doctors is West
Africa's first Air Ambulance Service Company.
The company provides emergency helicopter, airplane
ambulance and evacuation services in Nigeria and
some countries within the West African Sub-region.
02.
Oluwaseun Osewa
Founder and CEO of Nairaland
Nairaland is Africa's top most online forum. It was
established in March 2005 as a general purpose
discussion forum.
The site currently has over 1 million registered users. It
is the most popular Nigerian website used by Nigerians
both home and abroad together with foreigners who
want to obtain information regarding Nigeria.
Prior to the establishment of Nairaland, Oluwaseun
Osewa has operated a web hosting business, which
did not succeed.
Opeyemi Awoyemi, Olalekan Olude and Ayodeji
Adewunmi
Founders – Jobberman
These three are the co-founders of Jobberman,
Nigeria's largest job search engine and aggregator.
Jobberman was established in August 2009, and is
currently enjoying more than 50,000 unique visitors
every day. The site makes use of simple but
revolutionary technology to connect qualified
personnel to the job opportunity that is suitable for
them. They are currently gaining world recognition.
source-information Nigeria
Why Young businesses fail in Nigeria (must Read)
Nigeria businesses. Most Nigerian Business fail after 2
or 3 years of start-ups and there is a quote that
states, "if you can survive for 5 years, you have
survived". I have come across many Nigerians that
gives many reasons why their business has failed and
some of these reasons comes from………. their lack of
understanding the basic principles of business
management.
Business in Nigeria can be tricky, challenging, difficult
and enjoyable at the same time. Most people enter
business with the idea that it is going to be easy and
smooth but the worst disservice anyone can do to
himself is to expect business to be easy.
A friend of mine in Nigeria who started manufacturing
tissue paper as it is popularly known in early 2011 has
a very good passion to start a business. He is
educated with an edge to succeed. He started of his
business and everything seems so good at the first 4
months. After sometimes he begin to have some
difficulties from few customers to low account
statements. It affected his business and mindset which
transforms to the overall business. Within some short
period of time, he is going bankrupt and finally quits. I
met this young and vibrant entrepreneur and we had
good conversations about his life and business. He
told me everything that happened to his business and
how it led to his failure. From all the things he was
saying, I gathered that he was just giving unrealistic
reasons from the fact that environment is not good for
business to customers don't like my product.
After a careful study, I told him that you have a very
gob business mindset and you are willing to take a
risk in business. I asked about his company
management, he gave reasons, I ask about his
accounting platform , he gave another reason and then
I asked about his marketing strategy, he paused for a
while and said that he only calls potential customers
when he deems fit to do. From all that I gathered from
him, I realize that he has not been good with some of
the fundamental aspect of business. I gave him the
ideas and how he can achieve that, from having a
good team to challenging your team, being ahead of
your business, think further and have a better picture
of the market. He thanked me and later moved in to
business again.
Many things affects businesses to fail in Nigeria but I
am going to share to you some of the core factors that
leads to failure of business in Nigeria.
Why Business Fail in Nigeria
1. Management
This is a crucial aspect of every business. If you are
starting a business in Nigeria or expanding your
business. You need to hire or have a very good team.
Employees as most company usually say are their
highest asset and this is very true. How good your
team is organized and managed will go a long way of
determining how successful your business will be. You
have the idea but you can't implement it all by your
self and that is why you need a very good team. Hire
people with skills in their niche and train them if
needed and treat your employees good at all time.
Respect them, praise them when needed and thank
them for doing a great work. They will be happy at all
times and this will improve the team work.
Managing your business has to do with providing good
ethics for your organization, having a good and clear
Companies vision and mission and making sure every
employee understands that. Drawing a business plan
for your business that will oversee your marketing
strategy, pricing strategy, organizational structure and
financial projections. Branding awareness and
positioning your brand as a good image in your
industry. Overseeing the works of other employees and
elaborating ideas that will make your business achieve
it's goals. Communicating effectively with your
employees and making sure they are in line with your
projected idea.
2. Planning
Most Nigerians only plan for how to start a business
but fail to extend the planing on how to run and
maintain the business for a period of time. They don't
set their mission or vision as they just depend of
making profit which is not what business is all about.
They fail to analyze the competition in the market and
lack the strategy to tackle them. They never think
about marketing activities of their business nor willing
to spend money doing that. They don't think about
potential problems or setbacks that could occur in their
businesses. Banks in Nigeria now, require a business
plan for some SMEs start-ups if you are willing to take
a loan. You have to make a detail plan and work on it
for you to be successful in business. There are different
types of plans one can adopt in his business such as
Strategic planning, Operational planning, Long term
plan, Short term plan, one time plan etc. Don't
underestimate the market or your competitors. Think,
plan, plan again , write it down, project it in a bigger
picture, work on it, plan again and keep on working.
3. Poor Accounting
This is one of the fundamentals of business failure in
Nigeria. You need to have a very good account record
of your business if you really want to succeed in
Nigeria. Monitor your accounts to know how the
customers react and how payable are they. You have
to create a situation that will enable good customer
relations and tell them the importance of cash and
carry. Watch your accounts properly and don't just
concentrate on the liquid cash in the bank. Watch how
the debits and credits are being done.
Another important thing is to buy a good accounting
software that will aid you in monitoring your
transactions and knowing when stocks are finished.
Accounting is a very crucial part of your business and
you should mind the kind of employee that handles it.
4. Marketing
It's a very major aspect of every business
management. Many Businesses have failed in Nigeria
simple because they are not interested in marketing or
advertising their products. Have you ever wondered
why MTN , GLO, PEAK MILK, NESTLE, and many other
companies in Nigeria are always advertising? Every
one knows about these businesses but they keep on
advertising their product and this is one of their secret
of success. Every time you advertise your product or
service, there are many people who are out there that
are willing to try it. Don't underestimate the power of
marketing. It is very important and always budget
some money for all different kinds of marketing.
Marketing Mix
Check Your 4cs and 4pcs
-Consumer-Product: Make sure you practice this.
-Cost-Price: Check the price and cost that is good
for your product.
-Convenience-place: Make sure the place, location is
convenience for your customers.
-Communication-promotion: Promote your products
and communicate effectively to your customers.
This is very important in every marketing. Know it and
practice it.
SWOT Analysis
-Strength:
What points of interest does your association
have?
What improvement do your business have over
any other individual?
What exceptional or most reduced cost assets
would you be able to draw upon that others
can't?
What do individuals in your business sector see
as your qualities?
-Weakness:
What would you be able to make strides?
What would it be advisable for you to stay away
from?
What are individuals in your business sector
prone to see as shortcomings?
-Opportunity:
What great opportunities would you be able to
spot?
What fascinating patterns would you say you are
mindful of?
-Threat:
What obstructions do you confront?
What's happening with your rivals?
Are quality models or determinations for your
employment, items or administrations evolving?
Is changing innovation debilitating your
position?
Do you have awful obligation or income issues?
Could any of your shortcomings genuinely
undermine your business?
Analyze all your SWOT very well and put it in every day
practice. Be accurate and work on it. It is very essential
in marketing and reaching your target customers.
5. Lack Customer target
Many business in Nigeria fail for lack of understanding
the Industry. Some start checking on the industry after
starting off their business or when it begins to affect
them. Do some research before starting and know your
target customers, the demographic of the region your
business is situated, what they want and where they
have been buying those things. You need to
understand the industry and it's target customers. If
you fail to to understand or meet your target
customers, how do you expect them to reach at to
you? Don't do that. Research and have a good
knowledge about the Industry.
6. Poor Customer relations
Many businesses in Nigeria do not relate well with their
customers. They simply allow other companies to take
away their customers freely. Give your customers the
best treatments. Hire a very good sales man that can
convince a customer. Always smile at customers and
don't raise your voice on customer no matter how bad
the situation is because your business is open for the
customers. Control your anger as some customers have
bad approach and use your knowledge in business to
outsmart them. Treat your customers very well and
they will be willing to come back again. The highest
and the best advert a company can get is from a
customer. When your customer refers your product to a
friend or a family member, they must be willing to
check on it. And this is the best advert and free but
you can't achieve it if you treat your customer bad or
cheat them. Be sincere, be honest, give them the best.
7. Poor funding or low cash reserve
Business fail in Nigeria because of lack of adequate
funding and poor management of reserves. Businesses
run out money many times and this is a result of poor
planning. You have to plan very well and know how
much money you need to run a business for a period
of time before cash begins to flow in. While running
your business, you have to reserve some cash in the
bank for emergency purposes. This is a very important
aspect as many business men in Nigeria will tell you
that money is not good to be in the bank. Don't listen
to them as reserving money in the bank gives you a
very good advantage over your competitors and also
shape the way you succeed. You will have a high
purchasing power when new technology or things
springs up that needs emergency funding. It will take
you many time to access a loan in emergency situation
and keeping some money also gives you a huge
advantage in staying ahead against market crash. It
makes you to position your self very well and enables
you to have a backup plan.
Other factors that may affect business failure in Nigeria
are
– Underestimating the Competition
-Lack of innovation
-Giving up
-Failure to accept change
-Bad depth
Saturday, 2 April 2016
MUSIC: FREE BEATS STRAIGHT OUTTA IDOLZBEAT
Idol drops these ones just for
your listening pleasure.
Idol is a cross river based AList
Producer,And he drops this one
for every artiste out
there...They're both cool beats
and I bet you will so be happy
stomping on this one.No Point
saying much,Just
download,Listen,Score and do
maximum justice to It..
hit the link below...
www.muzikfame.com/2016/04/instrumental-freebeats-by-idol.html?m=0
Wednesday, 30 March 2016
11 Affirmations Successful People Repeat Every Single Day
From: Daniel Riwo <danyrayofficial@gmail.com>
Date: Wed, 30 Mar 2016 15:18:35 -0800
Subject:
To: danyrayofficial@gmail.com
The thought is parent to the deed--and that's
especially true where success and happiness are
concerned.
BY JEFF HADEN @jeff_haden
Accomplishments are based on actions, not on
thoughts--yet the thought is always father to the
deed. Achievement starts with an idea, a perspective, a
point of view, or even just an attitude. (Ideas,
perspectives, and points of view like these, for
starters.)
Here are some of the things extraordinarily successful
people say every day--and how those statements spur
them to take actions that lead to even greater success:
1. "I can't do everything today, but I can take one
small step."
You have plans. You have goals. You have ideas. Who
cares? You have nothing until you actually do
something.
Every day, we let hesitation and uncertainty stop us
from acting on our ideas. Pick one plan, one goal, or
one idea. And get started. Take one small step. (For
example, here's how to start a small business while
still keeping your full time job
.)
The first step is by far the hardest. Successive steps
are always easier.
2. "I will do what no one else is willing to do."
Often the easiest way to be different is to do the things
other people refuse to do.
So pick one thing other people won't do. It can be
simple. It can be small. It doesn't matter. Whatever it
is, do it. You'll instantly be a little different from the
rest of the pack.
Then keep going. Every day, think of one thing to do
that no one else is willing to do.
After a week, you'll be uncommon. After a month,
you'll be special. After a year, you'll be incredible, and
you definitely won't be like anyone else. (And, in the
process, you will develop remarkable determination
and willpower .)
3. "I will face a fear."
The most paralyzing fear is fear of the unknown (at
least, it is for me).
Yet nothing ever turns out to be as hard or as scary as
we think. Plus, it's incredibly exciting to overcome a
fear. You get that "I can't believe I just did that!" rush,
a thrill you may not have experienced for a long time.
Every day, do one thing a little scary, whether
physically or emotionally. (If you need a quick boost of
confidence to get you going, here are some simple
tricks that really work .) Trust that you will figure out
how to overcome any problems that arise.
Because you will.
4. "I will appreciate someone unappreciated."
Some jobs require more effort than skill. Delivering
packages, bagging groceries, checking out customers
-- the tasks themselves are relatively easy. The
difference is in the effort.
So do more than say a reflexive "thanks" to someone
who does a thankless job. Smile. Make eye contact.
Exchange a kind word.
All around you are people who work hard with little or
no recognition. Vow to be the person who recognizes at
least one of them every day.
Not only will you give respect, you'll earn the best kind
of respect -- the respect that comes from making a
difference, however fleeting, in another person's life.
5. "I will listen 10 times more than I speak."
I used to talk a lot. I thought I was insightful and
clever and witty and, well, I thought I was a real hoot.
Occasionally, very occasionally, I might even have been
one of those things.
Most of the time I was not.
Genuinely confident people (here's how to tell if you're
one of them ) don't feel the need to talk. While I hate
when it happens, I still sometimes realize I'm not
talking because the other person is interested in what I
have to say but because I'm interested in what I have
to say. (Ick.)
Never speak just to please yourself. When you do, you
please no one.
6. "I will not care what other people think."
Most of the time, we should worry about what other
people think--but not if it stands in the way of living
the lives we really want to live.
If you really want to start a business -- which you can
do in just a few hours , mind you -- but you're worried
that people might say you're crazy, do it anyway. Pick
one thing you haven't tried because you're concerned
about what other people would think or say and just
go do it.
It's your life. Live it your way.
7. "I will answer the question that wasn't asked."
Sometimes people are hesitant. Sometimes they're
insecure. Sometimes they're shy. Whatever the reason,
sometimes people will ask a different question than the
one they really want you to answer.
One employee might ask whether you think he should
take a few college courses. What he really wants to
know is whether you see him as able to grow in your
organization; he hopes you'll say you do and he hopes
you'll share the reasons why.
Your husband might ask if you thought the woman at
the party was flirting with him. What he really wants to
know is if you still think he's flirt-worthy and
attractive; he hopes you'll say you do, and he'll love
when you share the reasons why.
Behind many questions is an unasked question.
Pay attention so you can answer that question too --
because that is the answer the other person doesn't
just want but needs.
8. "I will be OK with less than perfect."
Yes, you only get one chance to make a first
impression. Yes, perfection is the only acceptable
outcome. Unfortunately, no product or service is ever
perfect, and no project or initiative is perfectly planned.
In fact, the quest for perfection can often be your
worst enemy.
Work hard, do great work, do your best, and let it go.
Your customers and colleagues will tell you what
needs to be improved, and that means you'll get to
make improvements that actually matter to people.
You can't accomplish anything until you let go. Do
your best, let go, and then trust that you'll work hard
to overcome any shortcomings.
9. "I will try to do better."
We've all screwed up. We all have things we could have
done better. Words. Actions. Omissions. Failing to step
up, step in, or be supportive.
Successful people don't expect to be perfect, but they
do think they can always be better.
So think back on yesterday. Think about what went
well. Then think about what didn't go as well as it
could have and take ownership. Take responsibility.
And promise yourself that today you will do a lot
better.
10. "The one thing I can always do is outwork them."
Like Jimmy Spithill, skipper of America's Cup-winning
Oracle Team USA, said, "Rarely have I seen a situation
where doing less than the other guy is a good
strategy."
You may not be as experienced, as well funded, as well
connected, as talented, but you can always outthink,
out hustle, and outwork everyone else. The extra mile
is a vast, unpopulated wasteland--everyone talks
about the extra mile, but few people go there.
Even when everything else seems stacked against you,
effort and persistence can still be your competitive
advantages--and they may be the only advantages
you truly need.
11. "I will stop and smell my roses."
You have big plans and big goals. And you're never
satisfied, because satisfaction breeds complacency.
Unfortunately, most of the time that means you're
unhappy, because you think more about what you
have not achieved, have not done, and do not have.
(Of course, the key is to instead do things that make
you happy more often .)
Take a moment and think about what you do have,
both professionally and especially personally.
At this moment, you have more than you once could
ever dream possible.
Sure, always strive for more, but always take a moment
to realize that all the things you have, especially your
relationships, are more important than anything you
hope to have.
Unlike a want, what you have isn't a hope, a wish, or a
dream. What you already have is real.
And it's awesome. And it's yours.