From my assessment, OPAY is most likely one of the greatest disruptions that will happen in Nigerian ICT, e-commerce, e-services, and Banking industry. The company is driving this disruption through Business Model Innovation. Let's look at Oride, for example. 70% of people that use okada in Nigeria fall into the middle and the low class … Continue reading WHAT IS OPAY UP TO?
Be Wise It is very easy to say, "Be wise." You probably might have heard that a couple of times, and maybe recently. The truth is, you need to be wise to be a successful entrepreneur. The Bible says, "Wisdom is the principal thing; in all your getting, get understanding." I will talk about wisdom … Continue reading The making of a Successful Entrepreneur – Part 7
Patience - More than A Virtue For a successful entrepreneur, patience is not just a virtue; it is a lifeblood. You are going to need a whole lot of it. When I was an undergrad, my lecturer would tell us in class: "As a food scientist and technologist, you don't need to look for a … Continue reading THE MAKING OF A SUCCESSFUL ENTREPRENEUR – PART 6
You need to be "CRAZY" Yes, I mean CRAZY. You need to be "crazy" to be a successful entrepreneur, because you have to think and act outside the box sometimes. Come to think of it, if it's going to be so simple to solve, why would anyone pay you to solve it for them, when … Continue reading THE MAKING OF A SUCCESSFUL ENTREPRENEUR – Part 5
Read the previous part here HOW TO BE SENSITIVE There are several ways to open your eyes to business opportunities around you. I will just mention two: First, listen to people's complaints. This is the best way to know what bothers people in society. Fortunately, we live in a country where people spend too much … Continue reading THE MAKING OF A SUCCESSFUL ENTREPRENEUR – PART 4
SENSITIVITY I am an agribusiness expert. I have an unquenchable passion for making food available and affordable to everyone. Through the years, I've had several people come to ask me for business ideas they can start in agriculture. The problem with the request is that most of the times, it is not the business idea … Continue reading THE MAKING OF A SUCCESSFUL ENTREPRENEUR – Part 3
As an Agribusiness expert, I've been asked several times of the opportunities that are in this sector for the elites. The answer is always simple; if you must make fortune through agriculture, you will have to look beyond now. You need to understand the trend and try to forecast what will happen to the sector in the next five to ten years and even 50. While I may not be able to tell you all the changes that will take place in the African food system, I can authoritatively say, the future of agriculture in Africa is not going to be cutlass and hoe. That era is fast fading away. We are in the era of information, and knowledge is going to play a pivotal role in this critical sector.
Several things make you a successful entrepreneur. If you do a Google search on this, you will find thousands of blogs, articles and recommendations from different entrepreneurs across the globe. However, from our working definition of an entrepreneur in the last episode, I would love us to deduce four things an entrepreneur needs to become … Continue reading What Makes a Success Entrepreneur? – Part 3
Made, Not Born Entrepreneurs are born, but successful ones are made. What do I mean? Every one born of a woman is a potential entrepreneur, but not everyone becomes a successful entrepreneur. Let me put it in another way: there isn't a thing as entrepreneurship gene. Even if there is at all, if anyone has … Continue reading THE MAKING OF A SUCCESSFUL ENTREPRENEUR – Part 1
7 Countries, 19 Students, 3 trainers, and 2 weeks course. Imagine you are in a class where you are the youngest and your course mates cut across seven different countries, backgrounds, origins and different levels of experiences, such as professors, doctors, and actors, who have been practicing even before you were born. This is the … Continue reading MAKING AGRIBUSINESS WORK – My Tale of ICRA course