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?
No Level of Thinking can get a Job Done. I had always wanted to be a scholar. I love thinking and I'm overly obsessed with reading and writing. Before now, nothing really makes sense to me until you reduce it to black and white. Over the years, I've discovered that, as great as thinking, philosophising, … Continue reading MORE THAN THINKING
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
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
Growing up was exciting for me. My parents were teachers in the village, and as such, I enjoyed a lot of preferential treatments in the community. That's because teachers are well-respected in the village, as they are seen as custodians of a kind of knowledge that is not common - they can read, write and speak English fluently. The villagers hold these things in high esteem. In fact, whatsoever the teacher says is likely to be correct.
Welcome to the fourth part of the "Unfortunate Sailor's" series. In part two and three we talked about how you can identify wasters in your life, career, and business. Today we will talk about what not to do with the wasters after recognizing them. One thing you should not do with the wasters is to try to accommodate them, change them or even struggle to move forward with them. It will be a futile effort.
In my previous post, I talked about how to keep Jonahs (wasters) away from your life, in order to avoid needless pain(s). However, that is only necessary for those who are not having Jonahs in their lives already. What if there's a Jonah in your ship now; what would you do? Let's take a look … Continue reading IDENTIFYING THE JONAH(S)
Emotional incompetence often results from habits deeply learned early in life. These automatic habits are set in place as a normal part of living as experience shapes the brain. As people acquire their habitual repertoire of thoughts, feelings, and actions, the neural connections that support these are strengthened, becoming dominant pathways for nerve impulses. Connections that are unused become weakened, while those that people use over and overgrow increasingly strong. When these habits have been so heavily learned, the underlying neural circuitry becomes the brain's default option at any moment - what a person does automatically and spontaneously, often with little awareness of choosing to do so. Thus, the need for emotional intelligence (EI).
So far, we have seen that being broke and not wanting to work for somebody are really not great reasons to start a business. Let me introduce you to the third wrong reason. WRONG REASON 3: BECAUSE I HAVE AN IDEA. Yes, I mean it. Having an idea is not enough reason to start a … Continue reading WRONG REASON FOR STARTING A BUSINESS 3