Posts

Featured Post

ENTREPRENEURSHIP: ITS VITAL TO START EARLY.

Image
Starting a business young means you have time on your side, and that’s one of the most positive things to take from this. As a potential young entrepreneur, you can develop your ideas whilst studying, and you shouldn’t want to become a millionaire overnight. We believe it’s never a bad idea to think about starting your own business. You might think you’re too young; however, if you’re a driven, passionate and responsible person, entrepreneurship might just be for you. Starting your business could be a great way to make money on the side, or over the summer. There are more opportunities for you to consider than ever before.Most people who start businesses are not as young as you might think. It doesn’t hurt you to get started on your own enterprise at a younger age. In fact, it might help. Some benefits of starting early are: • You stand out–if you are young, you stand out from the crowd, and people will remember that about you. People tend to remember kids doing amazing things that even …

LESSONS I LEARNT FROM ENTREPRENEURSHIP

Image
My dad used to say, "No one ever got rich working for someone else." Then, he'd pack up his lunch, put on his boots and go to work -- for someone else. He did this because he felt he had a responsibility to his family, and I deeply respect that commitment; but my parents wanted more for me. In their minds, that meant a college education -- something that's long been touted as a lever to social and financial mobility. A February 2018 report by RTI International backs that idea. After comparing the salaries and rates of first-generation college graduates with those whose parents attended at least some college, RTI's researchers found the results statistically identical. So, off to college I went. As the first person in my family to earn a bachelor's (and master's) degree, I can say definitively that education has been an indispensable tool to my becoming a successful entrepreneur.  Yet I would say the same about my working-class background. After all, what sepa…

DANGOTE NAMED AS ONE OF THE WORLD TOP TEN BLACK BILLIONAIRES BY FORBES

Image
Africa’s richest man, Aliko Dangote has been named by Forbes as one of the top ten black billionaires in the world apart from been named the Forbes Africa Person of the Year in 2014 Aliko Dangote GCON (born 10 April 1957) is a Nigerian business magnate, investor, and owner of the Dangote Group, which has interests in commodities in Nigeria and other African countries. As of March 2018, he had an estimated net worth of US$14.1 billion Dangote, who was not the only Nigerian to make the list, was placed on 1st position. See Forbes world’s top ten the black billionaires:
1. Aliko Dangote: $12,2 billion. Dangote is the undisputed richest person in Africa, he also happens to be the richest black person in the world. He founded the Dangote Group 35 years ago and still serves as its CEO and president. The vast majority of his wealth is derived from Dangote Cement. Dangote is an active philanthropist and focuses his charity work on education, agriculture and health.
2. Mohammed Al Amoudi: $8,4 mill…

BALANCE GROWTH AND RISING ENTREPRENEURIAL DEVELOPMENT IN NIGERIA

Image
One of the great things happening across Nigeria today is the renewed drive for entrepreneurship, which is spreading like wild fire. Discussions, training and seminars on entrepreneurship are going on almost everywhere. The love for private enterprise has always been a Nigerian thing and many Nigerians have demonstrated that we are endowed with the capacity to think and act in such a way as to create wealth, sustain and multiply it. Nigerian enterprise was already on the world stage prior to the country’s independence in 1960. Apart from the centres for the trade in slaves, many cities across Nigeria were centres of commerce with major trade routes crisscrossing the country long before colonization.
Indeed, the British colonialists may be said to have enjoyed some of the fruits of Nigerian enterprise. When Her Majesty the Queen, Elizabeth the 1, visited Nigeria in 1952, it was recorded that she rode in the private car of a Nigerian entrepreneur. The story is that the best car around in…

Tony Elumelu the Entrepreneurial Messiah takes entrepreneurship campaign around Africa

Image
Early Life of Tony Elumelu Elumelu was born in Jos, Plateau State, Nigeria, in 1963. He hails from Onicha-Ukwu in Aniocha North Local Government Area of Delta State. He has two degrees in economics from Nigerian universities, a bachelor's degree from Ambrose Alli University and a master of science degree from the University of Lagos. He is an alumnus of Harvard Business School's Advanced Management Programme. Tony Elumelu married Awele Vivien Elumelu, a medical doctor, in 1993, and they have seven children together. He has four siblings, one of whom is Ndudi Elumelu, a former member of the Nigerian Federal House of Representatives
In his early career, Elumelu acquired and turned Standard Trust Bank into a top-five player in Nigeria. In 2005 he led the acquisition of United Bank for Africa (UBA), later transforming it from a single-country bank to a pan-African institution with more than seven million customers in 19 African countries. Following his retirement from UBA in 2010, El…

Entrepreneurship Has Created a New Mindset for Youth on America's Southern Border

Image
We have all heard the political conversations around the walls, borders and policies. Activities, community groups, and politicians all fall on different sides of the spectrum about solutions and opinions. But even as walls are contemplated by some, there are opportunities arising. These opportunities are borderless, because the internet is leveling the playing field. The internet is providing people of all ages, races and genders the chance to build something and make real money doing what they value. This opportunity is manifesting more and more on the border between Mexico and the United States. Put simply, entrepreneurship on the southern border is happening, in spite of walls or borders, and with or without policies to encourage it. Through a combination of co-working spaces and national and international events, progress is happening every day. One such effort was a two-day, bi-national event called RESET. In partnership with Transtelco, Fundación Axcel, Tech Hub, Blacklabs and…

STORY AND LESSONS FROM THE YOUNGEST BILLIONAIRE: MARK ZUCKERBERG

Image
Mark Elliot Zuckerberg is an American computer programmer and Internet entrepreneur. He is a co-founder of Facebook, and is currently its chairman and chief executive officer. Zuckerberg launched Facebook from his Harvard University dormitory room on February 4, 2004 with college roommates and fellow Harvard students Eduardo Saverin, Andrew McCollum, Dustin Moskovitz, and Chris Hughes. The group then introduced Facebook to other college campuses. Facebook expanded rapidly, reaching one billion users by 2012. During this time, Zuckerberg became involved in various legal disputes brought by his friends and cofounders, who claimed they were due a share of the company based upon their involvement during its development phase. Early Life Mark Elliot Zuckerberg was born on May 14, 1984, and grew up in the suburbs of New York, Dobbs Ferry. He was the second of four children and the only son in the educated family. Mark’s father, Edward Zuckerberg, is a dentist and mother, Karen Zuckerberg, is …

LESSONS FROM BERNARD ARNAULT; THE RICHEST MAN IN FRANCE

Image
Bernard Jean Étienne Arnault was born on the 5th of March 1949. He is a French business magnate, an investor, and an art collector. Arnault is the chairman and Chief Executive Officer (CEO) of LVMH, the world's largest luxury-goods company. He is the richest person in France and the fourth richest person in the world according to Forbes magazine, with a net worth of $75.5 billion, as of March 2018.
EARLY LIFE After graduation, Arnault joined his father's company, in 1971. In 1976, he convinced his father to liquidate the construction division of the company for 40 million French francs and to change the focus of the company to real estate. Using the name Férinel, the new company developed a specialty in holiday accommodation. Named the Director of Company Development in 1974, he became the CEO in 1977. In 1979, he succeeded his father as president of the company.
CAREER In 1984, with the help of Antoine Bernheim, a senior partner of Lazard Frères, Arnault acquired the Financière A…

Ads