Before starting your own food business, consider f these common mistakes that have cost some food business owners their businesses and time Wrong Location The first course of action is to do a quick survey about the people/company in the area. A buka in Ebute Metta may not do well in a location like Adeola…
For the 21st century youth, Entrepreneurship is part of the daily routines. Be it in an undergraduate, O Level Holder, an unemployed Graduate, A working class graduate etc. Its now a common trend among the youth to have a skill or two. While a lot of these youth focus on the common skills (Fashion Design,…
Everyday out there in the real brick and mortar world, millions and millions of people drag themselves from the warm, warm beds, take a shower, grab a cup of coffee, and head off to their jobs as they are thinking that there has got to be an easier way to make a living. Every one of…
There is a significant different between people who start their own companies and truly successful entrepreneurs. Many people start their own businesses but few people actually achieve the kind of success they dreamed of at the start. What is the difference between people who start up their own business and successful entrepreneurs? The answer is…
Ecommerce has become an integral part of the today’s society. However, the hysteria that greeted its rapid rise not only in Africa, but in Nigeria, has to a large extent cooled off. Household brands like Jumia, Konga, Dealdey and HotelsNg continue to mirror the significant gains from the upsurge and the progress made over the…
As an entrepreneur you will have master many skills, including management, communication and decision making skills. One of the most important aspects that all business owners need to understand is marketing. This will be how you sell your business to its customers and therefore will represent how you will create profits for your business. There…
As you already know, communication is vital to both the growth of your business and the ability for your company to sustain its growth. Communication is also important for developing trust with your business associates and with your employees. Good communication skills can help you to motivate employees, drive change, repair conflicts and become a…
Welcome to the concluding part of the series “Put your Finance together!” Let’s do a quick recap, shall we? In the first article in the series, we talked about the importance of being financially secure and the discussed the four elements of Financial well-being according to the Consumer Financial Protection Bureau (CFPB). In summary, the…
The advent of social media has helped to introduce the concept of ‘social media for professional networking’. Slowly, ‘in-person’ networking is being overpowered by simply connecting to social networking sites. It’s all part of the phenomenon of social media that engages tens of millions of internet users per day. In today’s ‘networking space’, it is…
By Oyinlola Oresanya (@oyinnlola) Making a Financial Plan Create a vision statement. In the book, the Smart Money Woman, Arese Ugwu talks about creating a vision statement. “We get so bogged down with the reality of our everyday lives, bills, bills and more bills that we forget to focus on the vision. For most people…