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Your Business Idea: Is your product a commodity?

Posted on | July 22, 2014 | Comments Off

your-business-ideaQuite often, the motivation for starting a business, your business idea comes from the desire to create another source of income. There is nothing wrong with keeping an eye on the income side. Cash flow is the life blood of any business. However when money is your primary focus, you are putting the cart before the horse. Read more

Starting a business – 7 Reasons why you are better off starting small

Posted on | July 3, 2014 | No Comments

starting a businessWhen it comes to starting a business, there are many advantages to starting small, starting right where you are with what you’ve got rather than wait until when you have ‘enough’ money. Not having enough money the the single biggest factor why people delay starting on their goals and going for their dreams Read more

Raising money for your business start up

Posted on | June 28, 2014 | No Comments

Raising money for your business start upMany folks have an idea of what to do with their talents, but feel they need so much money to launch out. You don’t need a lot of money to start. What you need most is a dream and a vision, them back it up with a plan and scale it down to where you are. When you scale down your beginning, raising money for your business start up is not as difficult as you may imagine. Read more

Talent is not enough

Posted on | June 24, 2014 | No Comments

Talent is not enoughYou can be talented and still struggle financially and in other areas of life. Talent is not enough to take you from where you are to where you what to be. You need much more than talent. Talent is in raw form – your innate abilities, gifts you were born with. It is like raw materials. You can have petroleum but fail to refine it and process other derivatives and still remain poor because you have to import the finished product. You can produce cocoa but fail to process it into chocolate, which puts you in a position of weakness, selling for peanuts. Read more

Take a walk on the wild side

Posted on | June 18, 2014 | 3 Comments

Take a walk on the wild sideMany of us have a difficult time figuring out what we really want from life and what we are good at. A lot of folks are defined by their jobs. They derive their identity from the course they studied at school and their job descriptions. Outside of work, they cannot find their place in the society. Many retirees die shortly after retirement. Driven out of the cave their jobs had become, they find it hard to function in the real world. Read more

How to discover your talent

Posted on | May 22, 2014 | 2 Comments

how to discover your talentYour talent is your natural or special gift. It is your innate ability. You were born with it. You did nothing to acquire it. It comes naturally to you. It is your area of gifting. If you were a car, your talent would be part of your specifications – part of what makes you unique. You were born with a talent for a purpose. Your talent is a good indicator of your purpose on earth. It may not define your purpose, but it points you in the direction of your purpose. Read more

Locate your niche, the money will come

Posted on | May 20, 2014 | 5 Comments

locate-your-nicheOne common mistake we often make is making money the primary consideration or motive for what we do. We all need money, no doubt and sometimes the need is urgent. However, nobody will give you money simply because you need it. We all have needs and people are not Santa Claus. The realization that people have needs to be met or problems to be solved puts you in a good position to make money by meeting those needs. Locate your niche and meet those needs and the money will come. Read more

The future belongs to entrepreneurs

Posted on | May 14, 2014 | No Comments

the-future-belongs-to-entrepreneursThis is the topic of a talk I gave to students of Federal College of Fishery and Marine Technology recently to kick-start their commencement of their entrepreneurship curriculum. It gladdens my heart that there is a gradual shift in thinking in educational establishments with regards to incorporating entrepreneurship in the school curriculum. The National Youth Service Corps (NYSC) has also incorporated entrepreneurship as part of the 2-week orientation program. Read more

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