BEING A STARTUP IN NIGERIA IS SO TOUGH BECAUSE…

One of my protégées came visiting yesterday and gave me a ‘seed’. I was humbled. He was someone who had tried to engage my attention for so many months and I did not know until sometime last year when someone sent me a DM on IG asking to join my BSG community. But because he could not afford it, he chose to ‘pay a fee just to learn from me from a distance’. I had never heard such kind of perspective. That was how he got my attention. It’s been a year or so of our relationship and yesterday, he came to my office. As we spoke, I learnt new things about him that humbled me. Then he mentioned his struggle with entrepreneurship. As a startup, he has come to a point where he felt perhaps he should get a job. He loves entrepreneurship but the realities of entrepreneurship is killing his possibility mindset and his abundance mindset. These were his words. I FELT FOR HIM.

Reminds me of another friend-client who, as at January this year, was so neck deep in challenges of debts for her startup and also had challenges with staffing. The staff just never seemed to ‘click’. These are painful issues for a passionate entrepreneur.

Who is a startup?

A startup is any small business that solves a human problem with the possibility of becoming a scalable business.

Estimated data shows that “Nigeria has the highest volume of start-ups in Africa — over 750. South Africa comes second, but its startups raised $241 million raised in 2020, compared to Nigeria’s $64.1 million.” (Source: https://www.google.com/amp/s/qz.com/africa/2012780/nigeria-ranks-first-in-african-startups-but-faces-challenges/amp/)

So you see from the reference that NIGERIA HAS THE LARGEST STARTUP POOL IN AFRICA BUT THEY DO NOT HAVE ACCESS TO MONEY.

I have been a startup since 2010 and I have worked with so many startups. These are the problems I have observed:

1. Finding a Paying Market Share.
2. Raising Money to sustain day-to-day business.
3. Building a team that will stay.

There are 4 more issues Startups have but I will reserve them until July 10th.

THIS IS AN INVITATION TO YOU.

I am hosting Omotola Oshinowo, a passionate and astute Startup Consultant; a woman who has funded and managed startups to the tune of OVER 200 MILLION NAIRA within the last 48 months.

If you want PRAGMATIC, REAL CONVERSATIONS and SOLUTIONS about Startup issues, YOU MUST JOIN THIS EVENT.

Attend STARTUP GROWTH RETREAT with me and Omotola on Saturday, July 10th from 10am to 3pm prompt.

It holds in Abuja and there will be a chance to join a livestream via Zoom.

We will take only 50 people. I strongly advise you to register on time and not late. If you know my work, I SELL OUT. Don’t wait until seats are all gone.

To join, pay N20,000.00 only. This fee is early bird and it closes on June 30th (6 days from today). From July 1st, fee is N25,000.00 only.

To live stream, N20,000.00 flat.

Pay to:
Business Study Global Services
GTBank
0426031344

RSVP: 0807 361 0884.

All participants will get:

• Facilitators’ Presentations
• Certificates
• Tea Break and Lunch

SHARE THIS GOOD NEWS.

Thank you.

m a k t u b!!!

SO