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Tag Archives: Youth Empowerment

Money or Passion? Which would make you happy?

The major problem with most people is that they put making money before fulfilling their dreams or their passion. I have a lot of friends who have gotten into banking just because of the money, fast forward to 10 years down the line, they want to get out to pursue their passion. Unfortunately, 10 years have been wasted on being average.  Working for free is definitely a lot of sacrifice, but nothing good comes easy. We make sacrifices to succeed sometimes. I remember the first employee I took into my company was earning five times what I was offering her in her previous employment. Honestly, I must tell, you I didn’t want to take her because I felt she would be dissatisfied. But she made the decision to move because she wanted to build a career in Human Resources (HR). I asked her “How will you cope? Honestly, this is a start up and I definitely cannot do much”. You wouldn’t believe what she said to me! She said “I should be paying you ma for teaching me” At that point, I saw the determination and the willingness to learn in her, and  I took her in just with a little increase to ...

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Walking Your Way To Career Success

BY TOKUNBO FASORO It’s finally here. “Walking Your Way To Career Success” all Glory to God. This is a journey of over 18 months. It highlights “Secrets to Career Success, Breaking the Ceiling, Successful Entrepreneurship, The Exceptional Curriculum Vitae and Winning at Interviews“. All written from personal experiences and  the experience I gained on the job as an HR Consultant and an Entrepreneur working and interacting with young people. A very interesting and practical book for every young person who desires Career Success. Entrepreneurs who wants to succeed in their personal and professional lives. Made very affordable so every young person can afford it. It’s 1,500 Naira only. Of course you can decide to pay more or buy 50 books or more to impact the youths in your environment, Church or in the Universities. Share on: WhatsApp Post Views: 19

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How To Successfully Pitch Your Business

magine this scenario. You’re in a meeting with a major potential customer. And this one customer can make or break your business. You have to win this deal or your business is going to fail. Or imagine this scenario. You’re raising money. The potential investor seems really excited about you and your company. And this meeting will likely determine your fate. Or imagine this scenario. You’re recruiting a really talented potential new employee. The potential new employee has asked you to present your plan.   Are you ready? Because you only have seven quick seconds to win or lose the deal, get the funding, or hire the really talented employee. That’s it, seven quick seconds. You may have even less time if your pitching to investors. People make buying decisions very quickly. Then they spend the rest of their time with you justifying their decisions   So what can you do to grab your audience’s attention in less than seven seconds? I introduced my brother to a friend who could be a potential client last week. My friend called me yesterday and said he was going to work with my brother. Here’s what my friend said about his meeting with ...

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Future Leaders Connect

Dear Friend of British Council, Hope this correspondence finds you well. The British Council recently launched Future Leaders Connect: our brand new global network for emerging policy leaders. We think this might be relevant to the young people you work with, and would very much appreciate your support with sharing the opportunity. Future Leaders Connect is an opportunity for young people who want to seize their leadership potential, and become the next generation of policy leaders. We aim to connect exceptional young people (aged 18-35) from around the world who seek to change the world through policy making. Together they will develop their policy making expertise, make valuable connections and gain the skills to have real impact. Participants will be selected from Egypt, India, Indonesia, Kenya, Mexico, Morocco, Nigeria, Pakistan, Tunisia and the UK. During nine days of policy and leadership development training in the UK between the 18th and 27th October 2017, they will engage with inspiring global leaders and take part in an immersive conference in the UK Houses of Parliament on the 24th October 2017. Participants and Parliamentarians will have the opportunity to discuss the most significant global issues facing the next generation. We hope that a ...

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How I Got An Office Space Through Networking

There is a saying that “Even a lone ranger has a horse”. No man can live in isolation. When I ventured into entrepreneurship, I was working from home at the time. There was a need to get an office space and I had been praying desperately for one. At that time, I had started an Entrepreneurship Management class at the Pan Atlantic University and you can trust that I ensured I spoke to everyone in class. I would leave my group and go to other groups just to meet people. It was something I really loved doing. One day, in the middle of my program, I had a brilliant Idea, which today has grown into BI empowerment, but I didn’t know how to go about it then. I decided to have a chat with the Director of the program. As I began to describe my idea to him, he bluntly told me I could not pull the idea through without an office space, and in a polite way told me that our discussion would continue when I get this space. Extremely depressed and demotivated, I began to walk down the staircase confused in a confused haze. Immediately I got downstairs, ...

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Working With Your Friend As A Co Founder

I read this articles online and  I could completely relate to it,  I had once found myself in the same situation sometime ago and also didn’t handle it well. Reading this article made me realize the mistakes I made. Be inspired when learning from this. Should I Work With My Best Friend As Co founder? By Brett Fox I had a very close friend who was a co-founder of my company.  Here’s what happened: “You have an EQ of zero!” Ken yelled at me. “What the hell is an EQ?” I asked. “Perfect!” Ken screamed back. Then he hung up the phone. Those were the last words Ken ever said to me. Just like that a twenty-year friendship and business relationship ended forever. Ken was a co-founder of my company. More importantly I considered him a close friend. I had lunch with Ken the day before to have our weekly 1:1. I pushed him pretty hard at lunch because he wasn’t performing well. I looked down at Ken’s feet and he wasn’t wearing socks. It triggered a memory of when we were raising money. We were in a diligence meeting with a VC and I vividly remembered the VC looking ...

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The Keys To An Enduring Business

By Opeyemi Komolafe In the world today, we hear about so many businesses which do not outlive their creator/founder/owner. The business is meeting needs, providing goods and services for  thousands or even millions of clients, but shortly after the owner dies or retires, the business is run aground. As an entrepreneur, no matter what grand innovative ideas you have, no matter how fantastic your business acumen is, you cannot live beyond one lifetime. To ensure that your business; your legacy endures for generations: You must set up systems and structures. You must replicate yourself. You must pour yourself into others. You must select a group of future leaders into which you will transmit your way of doing things, your ideology, your creativity, your morality, your principles, your standards and your personality. It should be so effectively done that when you are absent, things should run as well as if you are on ground or even better. This select group of people should spend time with you getting to know how you think, how you react in situations, how you get inspired with ideas and what you envision the business to be.  You should have laid down documented policies and standard ...

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Passion- Oluwadare

“Success is the ability to go from failure to failure with no loss of enthusiasm.” – ​Sir Winston Churchill While the above quote is very apt in our day to day lives, the big question is “What is Enthusiasm?” The advanced English Dictionary defines enthusiasm as “a feeling of excitement and a lively interest.” Furthermore, the word ‘enthusiasm’ has synonyms such as fire, gusto, passion and zeal among others. That is why motivational speakers commonly advise individuals to do something they are passionate about. However, as Kunle Sorinyan, a life coach, asserted, not all passions are commercially viable. For example, your passion may be watching football, but, sitting down to watch football all day long might not be an economically viable idea, unless you own the sports bar. Consequently, the right counsel for entrepreneurs or prospective ones should be, “be passionate about what you do .” Here is where lots of people have a challenge; they think passion is inborn, but I beg to disagree. I dare say, you are passionate about what you have given time and attention to. For instance, I disliked boxing while growing up, because I thought it was uninteresting watching two men jogging around the ring, and throwing occasional punches at themselves. Nevertheless, during my ...

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Understanding The Mind Of An Entrepreneur

By Opeyemi Komolafe Listening to the news and people around me, what I hear is how jobs are being lost and businesses are being shut down because of the ‘recession’, I wonder why everyone is so frantic! About 10 years ago, there was a conversation that my mother had with me. My takeaway from that talk resounds in my mind almost everyday. Amongst the many things she said, I always remember her say ” Opeyemi” (she only calls my full name when she is dead serious or I am in deep trouble……..) “If your certificates were taken away from you, have you really thought about what you can do to generate income”? I was quite surprised at her question because I had graduated with a good result and companies had already started headhunting the group of us right from school. She went on to say “Multiple streams of income will always be an asset to you”. In the world of today, that phrase, ‘multiple streams of income’ has become a household slogan. Everyone is now under pressure to generate income from all sources by all means available. It is great if you have a salaried job, fantastic if you have ...

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How Much Money Do I Need To Start A Business?

I’ve seen the same mistake repeated over and over again by CEOs and business owners. The mistake blows me away each time I see it. What is that mistake? The CEO doesn’t have a plan for the business. And, if you’re going to succeed in business, you’ve gotta have a plan. The crazy thing is the plan doesn’t need to be complex. But there has to be a plan. And the primary goal of the plan is to: Determine how much money you need to start your business. You’re going to need to gather up everything to do with your company. Let’s break this into two parts: Revenue: Your revenue by month Your expected revenue by month Your current cost of goods (if you are selling a physical product) Your future cost of goods Your Expenses: Your salaries for each employee, including yourself The expected salaries you’re going to pay future employees Your rent Your insurance Subscriptions Office supplies Advertising expenses Travel expenses And anything where you are spending money to run your business You’ll be ahead of most people if you just do this simple exercise. Then, put everything into a spreadsheet so you can determine how much money ...

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