SmartPreneur
Advertisement
  • Home
  • Trending News
  • Brand Insights
  • Profiles
  • Hustle Life
  • Weekend Teaser
  • Radio
  • TV
  • Games & Quizzes
No Result
View All Result
  • Home
  • Trending News
  • Brand Insights
  • Profiles
  • Hustle Life
  • Weekend Teaser
  • Radio
  • TV
  • Games & Quizzes
No Result
View All Result
SmartPreneur
No Result
View All Result
Home TV

Building Income Streams With Lanre ‘eLDee’ Dabiri

Blessing Osazuwa by Blessing Osazuwa
May 1, 2021
in TV
0
Building Income Streams With Lanre ‘eLDee’ Dabiri
0
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on Whatsapp

Tallulah Doherty-Adetona and Lanre Dabiri had an interesting conversation centered on Building Income Streams in this Smartpreneur Live session.

Lanre Dabiri popularly known as eLDee played a pioneering role in the afrobeats music genre. In 1998, he started a band called Trybesmen which went on to be one of the music groups that popularized the fusion of hip-hop, highlife, pop and traditional afrobeat. eLDee has worked as an artiste, producer, and an interactive media consultant. He is currently an IT consultant, runs a real estate investment business as well as multiple technology startups

Excerpt:

How did you branch out from music to real estate and tech, creating multiple streams of income?

I am always doing multiple things at any point in time. when I was a kid, I was doing art, writing songs, dancing and when I got to university, I was studying architecture, doing Trybesmen, and working with my dad who interestingly is a technology pioneer in Nigeria. My dad was the engineer that led the setup of the telephone networks in Nigeria. While growing, I had the opportunity to go on the road with him. He was the actual site engineer, setting up all of the systems, the network. So I kind of had the opportunity to get into technology at a young age. Everyone in my family is sort of an engineer. That is the background I have and I think it helped me in music because, at the time, we didn’t have the tools available today so we had to figure out how to use software to make and mix music. My technology background helped me do a lot of those things.

When I moved to the United States, I fell in love with interactive media and I got a gig as a media developer. I learned how to code and all which led me to that path. Fast forward to six, seven years ago, I became interested in real estate because my wife was into real estate. It was something I never really looked into and when I did, I was like what have I been doing my whole life? So right now, I’m doing a lot of real estate and IT.

Are there lessons you learned from doing music that you now apply in IT and real estate?

One of the things that I have always taken seriously is having an education because education is an opportunity to learn how to learn. If you know how to learn, you can pretty much learn anything. The reason why we get stuck when it’s time to move to something else or make a transition is because we don’t know how to learn. I count myself privileged to have had the kind of education I had in both secondary school and university. To be able to sustain two totally different activities and balance them somehow you have to be educated in some way. As a matter of fact, our studio was in my dad’s office which was an engineering company. So Trybes record label started in one of the rooms in that office. From a transition standpoint, I think it’s important to make sure that you dabble into other things or learn other things no matter what you do or your passion.

A lot of people go into music and then get stuck because they never learn anything else, there is nothing else they can do.

How have you been able to have multiple ways of earning?

I had a shift from being transaction-minded to being more growth-minded. As an artiste, I put out an album, I do shows, I get paid. As a contractor, I get a contract and when the contract is over, I get another and that is being transaction-focused. Being growth-focused means you have to find things that will go out there and work for you. Like real estate, it can be likened to purchasing a tree and the tree will bear fruits and if you sell the tree, you’re being transaction-minded but if you keep the tree, constantly reaping the fruits, then you’re being growth-minded. What is going to happen is that you will reap the fruits and plant more trees. The idea of wanting to grow as opposed to wanting to just make money on one transaction or the other is the reason why I’m constantly thinking of multiple streams. What are the things I can put in place that can grow into these trees that bear fruits for me to the point where I don’t have to do anything else and I can just sit back?

For example, with my tech startups, I don’t have to do anything. I already started them, got them to a point where they are smooth sailing. That investment is like planting a tree.

Do you think tech might be the saving grace of Africa?

I really think it could be because the tech space is one space where people are able to invest remotely. You are able to see opportunities regardless of where you are on the planet. Tech is that one area that has been able to tap into the available resources of investment, funding, and support for startups. All of the other industries are struggling a little bit or maybe they’re just playing with politics and everything else, or maybe technology people are more open-minded, I really do not know what it is.

I think technology is one sector that entrepreneurs on the continent have been successful at solving problems, driving value, and getting the necessary support to grow.

Watch the two-part session here and here

Join @smartpreneurng live sessions every Thursday at 5pm WAT 

 

Tags: Income StreamsReal EstateSerial entrepreneurTech startups
Previous Post

Finding The Right Mentor

Next Post

How to pre-qualify for your bank's SME loans

Blessing Osazuwa

Blessing Osazuwa

Blessing does the research to bring you needed information for success.

Related Posts

CLI College’s Angela Chizea Shares Details on How To Boost Employability Abroad With CLI’s Healthcare Programme
TV

CLI College’s Angela Chizea Shares Details on How To Boost Employability Abroad With CLI’s Healthcare Programme

by Blessing Osazuwa
November 16, 2022
0

The healthcare sector is one very crucial and lucrative space with a growing number of people who are considering a...

Read more
CHINAZOM ARINZE SHARES 5 THINGS SHE’S LEARNT RUNNING AN AUTOMOBILE RENTAL SERVICE
TV

CHINAZOM ARINZE SHARES 5 THINGS SHE’S LEARNT RUNNING AN AUTOMOBILE RENTAL SERVICE

by Blessing Osazuwa
October 31, 2022
0

Chinazom Arinze, in a recent episode of the Smartpreneur TV show, shared her entrepreneurial story and how it has been...

Read more
Cashing out with a Cosmetics Business: Tips and Tricks from an Experienced Beauty Entrepreneur
TV

Cashing out with a Cosmetics Business: Tips and Tricks from an Experienced Beauty Entrepreneur

by Blessing Osazuwa
July 21, 2022
0

The cosmetics industry is undoubtedly one of the most saturated. The increasing demand for beauty products has spurred the sporadic...

Read more
How Olubunmi, Of SANE Farms And Kitchen, Turned Challenges Into Moneymaking Opportunities
TV

How Olubunmi, Of SANE Farms And Kitchen, Turned Challenges Into Moneymaking Opportunities

by Blessing Osazuwa
November 18, 2021
0

Are successful entrepreneurs born or made? The type of business you venture into, is a product of your interest, your...

Read more
How Fabrics Seller, Addie Kasali, Cashed Out After 6 Months Of Zero Sales
TV

How Fabrics Seller, Addie Kasali, Cashed Out After 6 Months Of Zero Sales

by Blessing Osazuwa
November 18, 2021
0

The desire to be a boss, to take charge and call the shots, is one of the many reasons why...

Read more
How To Make People Buy Your Products With Words
TV

How To Make People Buy Your Products With Words

by Blessing Osazuwa
October 15, 2021
0

It's no news that you can use words to persuade people to take  actions especially when it comes to your...

Read more
Restaurant Opening: A step-by-step guide
TV

Restaurant Opening: A step-by-step guide

by Blessing Osazuwa
October 13, 2021
0

Have you ever considered opening your own restaurant? Well we have got the perfect guide and the necessary requirements to...

Read more
Load More
Next Post
How to pre-qualify for your bank’s SME loans

How to pre-qualify for your bank's SME loans

Please login to join discussion

Recent News

5 Practical Ways To Turn Your Biggest Client into Multiple Big Clients

5 Practical Ways To Turn Your Biggest Client into Multiple Big Clients

September 20, 2023
How to steal your competitors’ future customers

How to steal your competitors’ future customers

September 15, 2023
There’s Still Hope: 4 Ways To Cut Your Losses

There’s Still Hope: 4 Ways To Cut Your Losses

September 15, 2023
4 Tips That Will Change The Way You Pitch Your Business To People

Meetings aren’t always necessary. Here’s when to opt for alternatives

September 13, 2023
SmartPreneur

© 2020 SmartPreneur

Navigate Site

  • Home
  • Trending News
  • Radio
  • Games & Quizzes
  • TV

Follow Us

No Result
View All Result
  • Home
  • Trending News
  • Radio
  • TV
  • Hustle Life
  • Brand Insights
  • Profiles
  • Game & Quizzes
  • Weekend Teaser

© 2020 SmartPreneur