​Encouraging young entrepreneurs: what the government can do differently | © Fola Daniel Adelesi

I was recently invited to a meeting of Commonwealth Alliance of Young Entrepreneurs – West Africa (CAYE – WA) which held in Lagos, Nigeria. The meeting focused on the challenges of young entrepreneurs and seeks to identify what government can do to make it easier for young people to do …

Valuing teachers, improving their status | © Fola Daniel Adelesi

Text delivered at the commemoration of World Teachers’ Day organized by Nigeria Union of Teachers, Kosofe Local Government Branch, Lagos State on 5th October 2016. I can’t be more privileged than I am right now. The set of people who gave me an invaluable asset in life have asked me …

Why you must know who you are Pt. 2 | © Fola Daniel Adelesi

6. Our destinies, when launched, will launch other destinies – ‘Let your light so shine before men, that they may see your good works and glorify your Father in heaven.’ Mt 5:16 NKJV. The preceeding verses of this scripture says that we are the salt of the earth and we …

Why you must know who you are Pt. 1 | © Fola Daniel Adelesi

You should never come into this world without discovering who you were meant to be. You should always remember why you came and state clearly what you came to do. Until you achieve this seemingly simple but complicated question of why you are here, your stay here on earth can’t …

Greater things that will save you from shame | © Fola Daniel Adelesi

And saith unto him, Every man at the beginning doth set forth good wine; and when men have well drunk, then that which is worse: but thou hast kept the good wine until now – John 2:10 KJV Almost immediately after Jesus had chosen his disciples, he was invited to …

Why goals fail 7 | © Fola Daniel Adelesi

Instant gratification The issue of priority just ties into instant gratification. There are too many dreams being killed by instant gratification. People embark on a project, make a little money and can’t think about putting the money back into the project. Someone takes a loan to start a business and …

Why goals fail 5 | © Fola Daniel Adelesi

Limited knowledge and training As you set some goals, you will see that you really need new trainings to achieve those goals. People set goals to start businesses but they have little knowledge about running any business. Please note that limited knowledge is the reason some businesses fail. That’s one …

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 …

Embrace technology and innovation for productivity | © Fola Daniel Adelesi

Technology is changing the way business is done and the ways customers interact with businesses in the 21st century. It is therefore pertinent for entrepreneurs to embrace technology in order to give their businesses a fair advantage over others who choose to watch technology. There’s no greater leverage for businesses …

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 …

What will keep the business going? | © Fola Daniel Adelesi

The entrepreneurial prostitution witnessed amongst young people in this present day is alarming. There are several entrepreneurs all over the place who are barely 40 years old and have delved into businesses too numerous to count. It will be safe to conclude that they seem to have decided to do …