14 Success Tips for Young and Aspiring Entrepreneurs

A must read for aspiring Entrepreneurs!!! While growing up, I realized that I wanted to be an entrepreneur. I did research on successful entrepreneurs who were in my line of business and I began to learn from them. I watched them closely; attended meetings where I could hear them speak. For those who had authored books, I tried as much as possible to read and learn from them. No one can know it all, we all learn from other people, especially people who have gone ahead of us. Here are a few tips I learnt from my mentors that have been of great help in my entrepreneurship journey. Push yourself – Keep learning. Try things you have never tried before. Ensure that your business is your passion – Do work that you totally believe in and would do for free. Get over your fears and just do it– You can never really know the outcome until you try it. Be positive – Always believe that if you can think it, you can do it. Click here to read more on if you can think it you can do it Have a vision – Ensure your vision is clear, written out ...

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“I saw this on an online platform and thought to share, I hope our BIE readers learn some lessons from this. Enjoy” – Tokunbo Fasoro 1. Portugal is not a one-man team Lesson: Let people hold an opinion of you. You know what and who you are and what you can do under immense pressure. All you need is an opportunity to show it. 2. Ronaldo made France better. Lesson: Don’t eliminate your “best” competitor. Your competitor keeps you on your toes. If your competition is weak, good will be your better and better will be your best. 3. Portugal’s attack was blunted, but they did not concede a goal. Lesson: It is not how much money you make; it is how much is saved. If you are not making money, don’t lose money. 4. 85% of the spectators cheered France. Lesson: Crowd support is overrated. You are your greatest and best cheerleader. 5. Portugal held the ball in their half and made quick passes in France’s half Lesson: Victory/success is planned. A team hardly happens on success. 6. The odds were against Portugal Lesson: Don’t pay attention to the media and bookmakers. Give yourself a chance. 7. Despite his ...

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Opeyemi Awoyemi, Iyin Aboyeji, Audu Maikori, others to speak at The Edge Series Student Summit 2016

The Edge Series a human capacity development initiative of SwiftThink Limited is organising The Edge Series Student Summit (TESS 2016)  to bridge the gap between business and academic knowledge. TESS which is currently in its third edition would build up on last year’s edition and will focus on the theme ‘What are you saying?’. And it will concentrating on Sales and Marketing aimed at preparing young Nigerian students for a world where “everyone is selling something’’. The summit intends to help participants find a voice of their own, sharpen their presentation skills at all levels, teach relationship management and business etiquette rules, while providing a valuable head start for new businesses. Speaking on the TESS2106, Ayoola Jolayemi, CEO of Swift Think Limited said. The summit will provide presentation, writing and negotiating skills training in teaching sessions for anticipated 1000+ attendees. It will also facilitate practical business etiquette sessions as well as acquisition of basic start-up requirements like the registration of business names, business tools, website/blog marketing needs. The event is on Friday the 29th of July 2016 at the Shell Hall, MUSON Centre, Onikan, Lagos. Special guest of honour is Lagos State Commissioner for Youth and Social Development, Pharm (Mrs.) Uzamat Akinbile-Yusuf while a ...

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5 Movies That Have Inspired Entrepreneurs

Entrepreneurs face a lot at different times of their career, sometimes they need to find inspiration. Movies are a good source of inspiration and they teach a lot. A film can give an entrepreneur insights on behaviors of other entrepreneurs, motivation during tough situations and inspiration when at a road block. Here are some movies that every entrepreneur should watch: JOY: This 2015 movie is top on the list because it is not an everyday story, but it is a true story. It is a little different from silicon valley’s kind of entrepreneurship. It shows a woman who started from nothing and invented a mop that people use around the world. She was faced with a lot of obstacles, but one thing she had was resilience; she never gave up and it led to her success. Watch the trailer. THE INTERN: This 2015 movie tells a story of an old man/retired advertising professional who saw an advert of a start-up company employing old people as interns, he applied and was placed to work with the CEO who is an entrepreneur. He watches how she battled with her company, gives her professional advice and assists her on various accounts. It is a ...

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APPLY NOW! 2016 World Bank/EDC WomenX Scholarship Programme for Female Entrepreneurs in Nigeria

  The World Bank is awarding Scholarship to Female Entrepreneurs in Nigeria to learn at the Enterprise Development Centre. The World Bank in collaboration with the Enterprise Development Centre is giving Scholarship to Female Entrepreneurs in Nigeria through the WomenX Program. The WomenX program is aimed at providing practical business education through a blended learning approach for 5 months, a 6-month face-to-face and online mentoring, help strengthen their networks and create linkages to access finance. Over a 3 year period, a total number of 500 female entrepreneurs will be awarded this scholarship in Nigeria. Application Deadline: July 30th, 2016 Duration of WomenX program The program consists of 17 modules, delivered in 28 days (in-class and online) spread over 5 months and includes a mentoring period of about 6 months. The Enterprise Development Centre, Pan- Atlantic University in collaboration with The World Bank will Provide practical Business Education through a blended learning approach (online and in- class training) Help strengthen Female Entrepreneurs network Offer Mentoring Create linkages between financial institutions and Female Entrepreneurs. Eligibility Requirements: To be eligible for this program you need to: 1. Own a business in Nigeria. 2. Operate a business in a high-growth sector. 3. Business must ...

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THE POWER OF A DREAM – Tokunbo Fasoro

You can do it

I read a book titled the “Nigeria of my dream” written by Sam Adeyemi (Who actually is one of my mentors) While reading, I came across some inspiring and powerful quotes on ‘The power of dreaming” I thought to share with our BIE Readers. This could change a readers mindset forever. “There is nothing that man has created that did not exist first as a mental picture in picture in somebody’s mind” “A leader sees farther and further than anybody else. He or she has the capacity to see things, not just the way they are but the way they could be” “This world would never move forward without those who can see glory in the midst of shame”     “The moment a dream or a vision takes shape in your heart, the resources needed to make that vision a reality begins to flow towards you” “A dream inspires you to be persistent and to try again when you experience temporary setbacks” “What you believe is what you become” “What stops us from succeeding most of the time is not what we think we are but what we think we are not” Someone start dreaming! It actually all starts ...

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On June 23, 100 Nigerian innovators will get the opportunity to pitch their transformative business ideas to a panel of Judges (possibly including the President). It’s called The Pitch, it will hold at the Landmark Events Centre in Victoria Island, Lagos and it’s one half of a programme called Aso Villa Demo Day. The second half has been christened The Unveiling, and as the name implies, it’s the unveiling of the 50 startups/entrepreneurs who will make it through the Judges’ filter during The Pitch and it’s holding on July 28 at the State House Conference Centre. From the copy on the website, the focus is on startups with solutions in areas like Government social investments, Ease of doing business, Agriculture, Housing, Healthcare, Transportation, but it’s not necessarily limited to those. “President Muhammadu Buhari will host the brightest startups from across the country as they pitch to a wide range of investors and decision-makers in the public and private sector.” The Pitch will run from 9am till 7pm on June 23, and The Unveiling, between 9am and 7pm on July 28. No one is required to pay any fees for pitching or attending, and the only criteria is that you are a Nigerian citizen between the ages, 18 – ...

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Served or serving NYSC? CBN and Heritage Bank to give up to ₦10 million loan for YIEDP

Heritage Bank has been adopted by the Central Bank of Nigeria (CBN) as the sole pilot bank for the Youth Innovative Entrepreneurship Development Programme (YIEDP). The programme is aimed at harnessing the latent entrepreneurial spirit among the teeming youths by providing timely and affordable loans to implement their business ideas. This further provides a sustainable mechanism to stimulate employment, contribute to the Nation’s non-oil GDP, and address the challenge of youth restiveness. The following categories of youth (aged 18 – 35) are eligible under this scheme: * Serving youth corps members * Non-NYSC (not more than 5 years post NYSC) Qualified Business Sectors: * Agro – Allied, * Food Processing / Preservation, * Arts & Crafts, * Manufacturing / Cottage Industry, * Information & Communication Technology (ICT), * Construction Support, * Power & Energy, * Education & Financial Inclusion, * Film & Photography, * Automobile, * Others The details below are relevant for all eligible youth: Eligible youth can apply for the loan through this portal using his/her NYSC State Code. Applications can be made as an Individual or as a group (of 3-5 applicants with similar business interest). A single applicant can access up to a facility limit ...

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Nigerian Entrepreneur to receive N500million Grant

Grant Opportunities Over 1000 Nigerians will this year be beneficiaries of N500Million Naira Grant seed capital set aside for young Nigerian entrepreneurs and students. This was disclosed this week during the launch of the YES Grant Scheme by the Nigerian Young Professionals Forum (NYPF) in partnership with Heritage Bank, which took place at the Four Point Hotel in Lagos, Nigeria. The event, which was very well attended by dignitaries, including representatives from the Nigerian University Commission (NUC), National Youth Service Corps (NYSC), as well as captains of industries and top government functionaries as part of efforts to grow more indigenous entrepreneurs among young Nigerians and deliberately create over 50,000 jobs in the next 5 years of the program circle.   ELIGIBILITY CRITERIA The Entrepreneur YESGrant is a grant to your business and NOT A LOAN. To apply for the grant, the owner of the business applying must be a Nigerian between the ages of 18 and 40 and must be a registered member of the Nigerian Young Professionals Forum (NYPF). The innovative idea of the entrepreneur must be from one of the following sectors: Agriculture Creative Economy (Fashion, Photography, Creative Arts, Music and Film Entertainment) Information and Communications Technology (ICT) ...

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