Is your new business idea worth your time and investment ? Predict it’s viability with this simple checklist.
And so it hits you, you’ve just stumbled on a brilliant idea for a new business or startup, you can’t wait to launch it, you’ve started daydreaming about how it will “settle you for life, “you can’t wait to hammer”. The reality is that starting a…
Raising seed funding my experience and 5 tips to help you raise yours
It was a very ordinary evening, I received a call from a potential angel investor to meet up, my heart was racing, I dusted out my pitch deck and dressed for the occasion. I arrived at the agreed meeting spot, delivered my pitch after I was done he…
8 factors to consider, before launching an e-commerce venture.
Despite the pandemic, in the first quarter of 2020 Jumia, an e-commerce Company operating in 11 African countries gained $31.79 million in revenue from 6.4 million e-commerce orders. According to Statista, it estimated that Africa’s e-commerce…
4 Important questions business managers will need to ask during and Post Covid 19.
On April 13th, 2020 the Nigerian government announced another 14 days lock-down, the dire reality is that after this extension there is no certainty that the lockdown will not be extended because the variables that led us to this point are still…
Why customer retention & loyalty is key to your business.
Interestingly a majority of strategies deployed by most businesses are geared towards acquiring new customers with less focus on retaining acquired customers. Some businesses are losing clients as much as they are acquiring new clients. Their sales…
Why Ruga failed and how a new policy can spur youth enterprise, empower the next generation of livestock farmers and promote ethnic tolerance.
There has been a lot of controversy regarding the Rural Grazing Area (RUGA) policy plan presented by the Federal government in June this year. Conceived as a solution to the challenges of herdsmen grazing in the country, the plan for the RUGA scheme…
How Nigerians, Ran One of the Largest Business Accelerator in the World and Minted Millionaires; What I Am Learning.
As an Igbo boy growing up in Aba, a lot of the young men around me were Nwaboys also known as apprentices serving their master for a couple of years, in return the master is expected to settle them. I got acquainted with this particular business…
Is your business positioned for the level of growth you’re seeking?
So after receiving a barrage of text messages urging me to patronize this eatery, I decided to do so, I walked in and there was this long queue, I shrugged it off and decided to wait my turn, but sadly the queue was not moving, I could see that the…
Fix Distribution and you fix Nollywood.
As we race to the cinema to watch our favourite December flick, a while ago I sat down to have an honest conversation with two of my friends in regards to the state of the Nigerian film industry. They are both producers and directors, who have…
A silent technology revolution is gradually taking place in the north.
For most people when they think about the North, what comes to mind is insecurity, poverty, insurgency and all the other dismal development indices. But guess what, a silent technology revolution is gradually taking place in the north.
Embracing the barriers to market entry
Running or managing a business in Africa is not for the faint-hearted, it's a lot like digging for gold. To put this in context, Nigeria Africa’s largest market is ranked 131 in the ease of doing business, according to World Bank's Doing Business…
Can Nigeria Be A Healthcare Destination?
Nigerians are reported to be among the world’s most notable medical tourists, with tens of thousands travelling in search of medical services. Reports also show that Nigeria loses about US$1 billion every year to medical tourism. Wouldn’t you agree…
The Birth of The Strategy Company
I realized early on that one of the many reasons I was giving the talents and gifts I possess, was to leave the world better than I met it and the only way I can achieve this is by contributing my quota towards solving some of the issues around me.…
Taxation Policy Conversations For Startups; Recommendations From The Ventures Platform Ecosystem Dialogue Series
Welcome to a new week. I sure am thankful for another opportunity to hit those goals. I hope you are as well. The rapidly concluding month of October certainly kicked off on a strong reality check note for Nigeria as we celebrated 58 years of…
Gordon Timeyin’s Abuja IDF UX Community Meet-Up Highlights : Tips For Dealing with Unending Projects.
Have you ever been in a situation where a project scheduled to run for say one month, is already past the 6-month mark with no end in sight? Well, I have and as exasperating as these situations usually are, you know what they say about a problem…
Why KONGA’s New Strategy Might Work.
A while ago while heading to a cool evening dinner, I happened upon a standard-sized KONGA offline store with a regular storefront inscription like any other retail store's. This seemed novel to me and many who are familiar with the old KONGA…
This is an invitation to shape the Future
If you are like me, sometimes, the current realities facing Nigeria and Africa can be quite disheartening. You wake up every day to news stories that make you question your nationality, it’s like we’re attaining new levels of crazy every second.…