Working from home or renting office spaces? | © Fola Daniel Adelesi

Having to work from home or deal with the skyrocketing rent of office spaces is one big issue for a lot of startups in Africa and around the world. A quick online search as at July 2016 reveals that some office spaces in Lagos, Nigeria are even more expensive than …

Understanding and using market segmentation for startup growth | © Fola Daniel Adelesi

One of the most effective tools for growing a new business is the market segmentation tool. It is very important for startup owners to understand, study and work consistently with market segmentation in the life span of their businesses. Without market segmentation, every effort to grow the business will be …

Professionals you must hang around | © Fola Daniel Adelesi

When you are in business, especially when you are just getting started, one of the ways to get things done is to have some professionals that you will always hang around. This is very important for the growth and survival of your business. While you may always hire professionals to …

Brush up your negotiation skills | © Fola Daniel Adelesi

Fuel is to cars as negotiations skills are to successful enterprises. To succeed in any business endeavor, the foreman and anyone managing the business must have strong negotiation skills. In several cases, businesses thrive not because the managers have found a lot of money but because they have learnt how …

Social capital: the equally important capital | © Fola Daniel Adelesi

While people are looking at money as the most important capital for a business, it has dawned on many and others are realizing that there is more to any business than the money required to get started. Many aspiring entrepreneurs don’t realize that they can even start a business when …

Keep business expectations realistic | © Fola Daniel Adelesi

Entrepreneurship is not magic, which is why it does not meet the expectations of some people. There are those who get into businesses with the expectation that they can start making money instantly. People want to start a business in the morning and have good returns in the evening. That, …

Financial Empowerment for an Evangelist | © Fola Daniel Adelesi

“And you shall remember the LORD your God, for it is He who gives you power to get wealth, that He may establish His covenant which He swore to your fathers, as it is this day. – Deuteronomy 8:18 God wants you financially empowered In a time like this, when …

You need common sense more than capital | © Fola Daniel Adelesi

I have met many aspiring entrepreneurs and they all keep talking about the need to get capital so that their businesses can take off fully. While it is true that they need capital, I think they need common sense much more than they need capital. Examples abound, and very practical …

Financial freedom is dependent on financial intelligence | © Fola Daniel Adelesi

There are those who want to be financially free and they are making daily effort towards that desire. Interesting, they are trying very hard to make more money because they think more money will solve the problem. Sadly, having more money does not solve your financial issues. No, it does …

Don't justify being poor or broke | © Fola Daniel Adelesi

Over the past weekend I had the privilege to talk to some young folks about their finances in a presentation titled ‘getting your finances right.’ Since I was going to be on air the following Monday, I towed the same line in the pidgin motivational show we had on radio. …

Stop focusing on what has not happened | © Fola Daniel Adelesi

We all have so much to achieve and because of that we get easily discouraged when we look at the things around us and the many things we still have not achieved. It is so easy to overlook what we have already done because what we are yet to do …