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Monthly Archives: September 2016

The Lagos Startup DealDay is here again. Apply now

As part of its plan to create a network of business angels that provide funding and mentoring to early-stage ventures, The Lagos Angel Network (LAN) committed to raising ₦100 million for Lagos-based startups in 2016. Through a quarterly event known as the Lagos StartUp DealDay, where startups pitch to receive the fund, LAN set the ball rolling. Investors seeking access to the startup pool on the DealDay commit no less than ₦5 million on the day. The first DealDay was held in March, where LAN claimed to raise the sum of ₦50 million that was invested both in Big Cabal Media and Café Neo. The 2nd edition of the DealDay was held on the 30th of June with 3 startups receiving an undisclosed amount. Rounding up the series of DealDays in its annual calendar for 2016, LAN is announcing applications for its last quarterly pitch. This quarter’s Lagos StartUp DealDay pitch event will take place on Wednesday, November 16th, bringing together angel investors and other members of the Lagos start-up ecosystem. Shortlisted startups will be privately notified before the end of October. Successful entrepreneurs will be invited to make formal pitches on the 16th of November to a closed group of angels for funding. Eligible ...

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BIE Entrepreneur of the week: Temi O. Siyanbade

Temi O. Siyanbade owns and runs her own private practice, The Law Office of Temi Siyanbade, a Houston-based law firm that provides legal services to help entrepreneurs and small business owners find direction, gain clarity, and increase profits. Temi loves what she does but must confess that her journey to this particular role has been extremely colorful to say the least. Temi was born in Providence, Rhode Island–the smallest state in the United States–to a young Nigerian couple. Her parents cherished their Nigerian roots and infused the rich culture into their home and everything they did. As a result, Temi, to this day considers herself the epitome of a “Nigerian-American.” As a child, she loved words and found that she was always interested in the precise use of words as a tool to create structure. She remembers drafting a contract regarding her chores and her weekly allowance when she was still in single digits. She was sure to get the contract signed by both of her parents giving her full access to her rightful allowance. Even though her parents eventually breached the contract, the desire to use words and law to structure relationships remained. Temi eventually went on to receive a B.A. in English from the University of Georgia and a J.D. from the University ...

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Are you a Graduate or an Undergraduate? Register NOW for the First Ever Internship Fair in Africa | Saturday, October 1st

Hundreds of internship and entry level job positions will be filled this Saturday, 1st October 2016 at the first ever internship fair in Africa (not just Nigeria). “As at the time of reporting this, we have received well over 3,000 applications” said, the team at Stutern. Stutern, the Lagos-based platform that connects interns with employers in Nigeria, has put together this event for employers to hire top undergraduates and recent graduates who are looking to kick start their careers through internships. Just hearing about this? Start here and be sure to fulfill all the admission requirements before Saturday. Also find event details below: Date: Saturday, October 1st, 2016. Time: 9AM-6PM Venue: Multipurpose Hall, UNILAG, Lagos. GOODNEWS: Discounted booths for the first 50 Employers at the event. Interested? Click here to make a reservation before close of Business today, so we can prepare for your arrival on Saturday. For further inquiries call 0814–623–0284 / 0909–999–7645 or email fair@stutern.com. SOURCE Share on: WhatsApp Post Views: 2

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5 Common CV Blunders – Tokunbo Fasoro

Remember your resume creates your first opportunity to make a great impression on potential employers: 1. Telling untruths – Be honest about your skills, achievements & work history. A lot of people also lie about their age. Lots of times, lies and exaggerations will come back to you when employers do background checks. Sometimes an interviewer can tell just by looking at your academic record. Ensure you stick to the truth. 2. Listing irrelevant work experiences: Emphasize the relevant experience for the job you are applying for and stay focused. Listing everything you have done in your work-life might end up shooting you in the foot, as it will give an impression of a lack of career focus. 3. Copying and pasting job responsibilities from the internet: Employers can actually visit Google if they want to see job responsibilities. Employers want to see more of your exact experience on that job, and your achievement in that role. 4. Over the top designs: CV’s should be easy to open and view. Avoid pictures, use a common font and don’t get too creative with borders. Keep things simple. 5. Using an informal email address: The right email address can boost your professionalism. ...

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Increase Your Return on Failure

One of the most important—and most deeply entrenched—reasons why established companies struggle to grow is fear of failure. Indeed, in a 2015 Boston Consulting Group survey, 31% of respondents identified a risk-averse culture as a key obstacle to innovation. Senior executives are highly aware of this problem. On one hand, they recognize the usefulness of failure. As 3M’s legendary chairman William McKnight once said, “The best and hardest work is done in the spirit of adventure and challenge…Mistakes will be made.” Pixar’s president, Ed Catmull, has a similar point of view. “Mistakes aren’t a necessary evil,” he has said. “They aren’t evil at all. They are an inevitable consequence of doing something new….and should be seen as valuable.” On the other hand, management processes for budgeting, resource allocation, and risk control are built on predictability and efficiency, and executives get promoted by showing they’re in control. So even if people understand that they can and should fail, they do everything possible to avoid it. But there’s a way to resolve this conundrum: Rigorously extract value from failure, so you can measure—and improve—your return on it, boosting benefits while controlling costs. In a return on failure ratio, the denominator is the ...

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Losing To Win – Ayotunde Shado

This is a story of a young boy that wanted to do rap  music, He believed he was so awesome and he had a plan to break into super stardom by winning every and any competition he went into, but for some reason, people generally thought he wasn’t  good enough, he would go for competitions over and over again and be laughed at and dissed by others , this young boy loved music so much he added more effort to improving  himself in every way he could, he went  for another competition after months of hard work but he still lost, with so much depression he decided it was time to drop the ‘mic’ but one evening, while he was discussing with his roommate, they discovered  that due to his persistence in trying to get better at rap he had gained a great knowledge about rap music as a whole including production and the business of entertainment. ‘’Why don’t you try to manage, produce or write for people’’ he thought to himself. Today, he is a respected writer, producer and also a rapper, he brought out a new style of rap that many other rapper has tried to evolve into. Success ...

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5 Don’ts of an Interview

1. Do not talk only about yourself Yes, it’s an interview, a.k.a., a Q&A session in which you are expected to answer questions. However, it’s red flag if you talk only about yourself. At least a few times let other people’s names pop up. When asked about your career aspirations, you’d ideally want to throw out the name of some successful person you admire. Or, if you are asked about your previous experience and how it led to where you are now, hopefully mention someone positively —be it an influential colleague, boss, or client—in the answer. 2. Do not take credit for everything Yes, an interview is a place to sell your accomplishments and pitch your potentials, be careful so that you don’t sound like someone who takes credit of any on-the-job success as a one-man show. 3. Do not avoid discussing your shortcomings Be confident to discuss your shortcomings and areas of improvement with your prospective boss. Being able to recognize your weaknesses and working on ways to improve them will go a lot further on the job than trying to sweep them under the rug. 4. Do not give unprofessional responses to interview questions Be very professional throughout ...

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6 Reasons you should get an education via E learning

In the world today, it is no longer news that there is a gap between the usual classroom learning and what learners actually want; if given a choice, learners would prefer mobile, relevant, personalized and self-paced content at a point of need. Whilst many want learning at a point of need, many learn in evenings and at weekends and on the way to or from work. Ask yourself, as we race into the 21st century: do you have what it takes to compete and excel in the new economy? Forward thinking organizations and individuals around the world are jumping on the e-learning bandwagon through certificate courses and certification programmes. Don’t be left behind because you lack the skills and knowledge necessary to keep up. Millions of learners and hundreds of thousands of organizations have taken steps towards their dreams through various e-learning pathways. Don’t be left out in the new dispensation. Many have asked us to provide cogent and convincing reasons why they should invest in online learning programmes. Here is our expert opinion on the value of e learning drawn from our years of experience in the sector. The following are the clear evidence of what eLearning brings when compared to the ...

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BIE Entrepreneur of the week: Raychelle Chinyere Otiocha

Raychelle Chinyere Otiocha is a 22 year old Pastry Chef; she was born in Warri, Delta, Nigeria where her mother had a small cake business which continued as they moved to Oman, back to Nigeria and then settled finally in Houston, Texas. Growing up, Raychelle had always had fun helping her mother with her orders but had her mind on drawing and painting; she realized she had a particular interest in baking and cake decorating when she was about 17 years old. The interest grew into a passion but convincing her parents about this was a difficult task. After about a year of asking God to help her convince her parents, she went off to culinary school with the support of her parents. After finishing culinary school, she realized she wanted to go to a university to pursue a degree in business for she someday hopes to own her own. She then enrolled in classes, and is still in the pursuit of a bachelor degree in business. Through this whole journey, Raychelle has come to understand that everyone’s story is different and that it is okay. “As an African it is common to compare progress with my mates, but I ...

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6 tech events you shouldn’t miss this weekend

The Nigeria tech space records one of the highest numbers of events and activities in a calendar year. With awareness in the Nigerian technology space taken an increasing turn, it’s no surprise as to why more startups, SMEs, businesses and surprisingly, foreign investors are proactively looking for ways to establish a connection with the burgeoning ecosystem. Interestingly enough, the number seem to have been on the rise since Mark’s Zuckerberg’s visit. Here is a list of tech events you can look forward to this weekend. StartUP Friday StartUP Friday is a component of OIIE, designed to bridge the startup growth gap by enriching the development processes of new tech-driven businesses through meet-ups with successful entrepreneurs, investors, mentors, technology buyers and enthusiasts in major tech clusters across the country. The organisers of the StartUP Friday often provide seed funding (at zero equity requirement) to tech-driven startups with high growth potential who will be pitching at the event. The fifth edition of the StartUp Friday will hold on Friday, in Lagos. Venue: Landmark Centre, Water Corporation Road, Victoria Island, Nigeria. Date: September 23rd. Time: 3:30 – 6: 30PM Ruby on Rails Lagos meetup Inspired by the mandate to contribute to the international ...

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