How I saved my company from making a 30 million naira loss – Chinazom Arinze
Money is the lifeblood of any business, and while looking for ways to make money, entrepreneurs have to proactively look for ways to prevent losses too. Chinazom Arinze Founder of Autogirl NG, an auto rental service company based in Nigeria, narrates how she narrowly saved her company from making a 70 million naira loss. “As a lot of you know,…
Preparing for a product launch? Here’s 5 things you should do
A product launch is often a much-anticipated activity in business circles, especially for entrepreneurs in the tech space. A product launch is not a case of something falling out of the skies. It is mostly applicable when you have spent time developing a product, whether physical or digital, and are now ready to take it out to the consumers. So,…
How to build business partnerships that last a lifetime
One way to build a strong team for your business is first to find a business partner with the right skills to complement you. But, like with many other partnerships, business partnerships may not last as long as we want them to. Disagreements come up, sometimes mild, other times, serious enough to affect the business. Individuals are different, so disagreements…
Building a Successful B2B can get tricky: Here’s 5 tips to help you out
Building a B2B brand is an entirely different ballgame from a B2C brand. While a B2B model seeks to service other businesses, a B2C model seeks out individual consumers. For instance, if you are into insurance with a B2B model, you will be selling your products and packages to businesses, instead of individuals. You could be inviting companies (big or…
Bimbo Alase-Arawole: How she changed her entrepreneurship story with one big RISK
Bimbo Alase-Arawole can easily be rated one of the top female entrepreneurs in Nigeria, without fear of contradiction. Â She is the mastermind behind Leatherworld, the highly acclaimed luxury furniture company and is estimated to be worth about $750 million. Alase also sits on the board of several companies, and she is mentor to a number of aspiring and established entrepreneurs….
How Panaramic founders grew a business out of cartooning Nigeria’s history
Many Nigerian millennials grew up reading comic books watching tv animation shows that featured toon characters that looked nothing like Africans. The characters had blonde or curly hairs, white skinned like the Snow whites and Cinderellas, wore ball gowns, and attended tea parties, and generally indulged in activities that the Nigerian child could not relate with. While it was merely…
Buy-Now-Pay-Later: Help your customers without crippling your financials
Have you had conversations with a lead or prospective customer, only to have him or her freeze when it is time to make payment? The excuses may range from not having spare cash to fund the purchase, not having it in the budget or something. Overall, the customer agrees with you that he has a need for the product or…
