Is Funding an Entrepreneur’s Biggest Problem?

What is an entrepreneur’s greatest problem? This item has formed the heading fo some many entrepreneurship questionnaires around the globe. In polls I have been privy to, either as a participant or as a facilitator, which were taken at different times, I am always appalled to see funding top the list. I know that funding is a challenge in business but would-be entrepreneurs have placed funding on a pedestal that it does not deserve to be. During facilitation I have come across people who think that if they have funding they would change the world in 80 days (trying out my literary rhyming skills). This makes the question, “what is an entrepreneur’s biggest problem?” very important.

Let me digress. I came upon the picture below of a woman beating the odds of a riverine location to still produce, market and distribute bean cakes. She got herself a canoe! Continue reading “Is Funding an Entrepreneur’s Biggest Problem?”

VERY INTERESTING CONVERSATION

An atheist Professor of Philosophy was speaking to his class on the problem science has with God the almighty.  He asked one of his new Christian students to stand and the following conversation ensued;

Professor :   You are a Christian, aren’t you, son?
Student    :   Yes, sir.
Professor :    So, you Believe in GOD ?
Student    :    Absolutely, sir.
Professor :    Is God good?
Student    :    Sure.
Professor :    Is God all powerful? Continue reading “VERY INTERESTING CONVERSATION”

Stay Hungry, Stay Foolish!

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Thank you.
I’m honored to be with you today for your commencement from one of the finest universities in the world. Truth be told, I never graduated from college, and this is the closest I’ve ever gotten to a college graduation. Today, I want to tell you three stories from my life. That’s it. No big deal. Just three stories.

The first story is about connecting the dots.

I dropped out of Reed College after the first six months, Continue reading “Stay Hungry, Stay Foolish!”

What Does Twitter Really Say

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Twitter began like a joke but is now graduating to being a big deal. It was conceived by Jack Dorsey et al and was launched on March 21, 2006 under the social media and microblogging platform. Facebook came two years after and put twitter in the backburner. Facebook ranks second on the Alexa rankings of websites the world over while twitter ranks 11 up from 12 as at June this year. However, I am of the opinion that twitter is bidding its time and that time is now and at the present pace at which it is on it will soon overtake Facebook in appeal and usefulness if not in number of visitors and revenue. With twitter came information; crisp, concise and immediate at the snap of your finger. Twitter gives us 140 characters to express ourselves explicitly but more importantly succinctly and if you cannot do so in this hurried world of headlines-news-only then you may move over to other social media sites. On the other end of the stick you have, at most, 140 characters to decipher and understand a tweet; if you have mental or psychometric problems then you will also have to move over. Twitter is shrinking an already shrunken world and is helping to translate the ‘global village’ into a ‘global street.’ And soon we will be talking about a ‘global house’ or even a room. Continue reading “What Does Twitter Really Say”

Rape: The New Scourge

Normally, I don’t pick up strangers along the road especially women because they tend to think that your act of kindness is their right by virtue of their sex or worse still that you have an ulterior motive; whichever is not acceptable by me. But on this fateful day it was different. My defenses were down either because of the late hour or because of the way the girl swayed painfully when she walked I don’t know but I put my foot on the brake pedal and stopped beside her. “Care for a lift?” I asked. She could only manage a nod after a brief hesitation and subsequent resignation. I guess she was more afraid of what she was running from than she was of me. I stretched across and opened the passenger side door for her. My car is a jeep; a Nissan Xterra and it is really high off the ground but it was not high enough to make her struggle into the car seat as if the lubricants in her body were all dried up and her bones were in direct contact with each other. “High fever.” I reasoned. It was the sickness that makes your body as stiff as that. “Do you care for the air-conditioning?” I inquired, after we had gone a little way off, wondering if the state of her health would permit such cold temperature that the air-conditioning of the car offered. But I didn’t get a reply. Briefly taking my eyes off the road, I spared a glance at my passenger and saw that what was beside me was only a body without the spirit inside of it. “Are you okay?” I asked, this time getting real concerned but as before I didn’t get a reply. I could now see that she didn’t hear me. I had to touch her. She jerked out of her reverie and almost out of her seat. “Are you sick?” I asked and this time got a reply which was a shake of her head. By now I had driven to a safe enough place and parked my car near a spot where a mallam sells suya. “Where are you going to and what is wrong with you?” “I don’t know where I should go to.” For the first time I heard the voice of my passenger. Since the answer was not what I anticipated I restated the second question. “What is wrong with you? What happened to you?” Pause. Like she was thinking whether she should tell me. Then… “I have just been raped.” Continue reading “Rape: The New Scourge”

Making Tough Decisions

At one point or the other in our lives we will be faced with difficult, life-changing decisions. These decisions, if taken, would alter the course of our lives either positively or negatively and they are always laced with uncertainties of dire consequences. These decisions also entail leaving our places of comfort and assured security to a new place of discomfort and insecurity. Can you relate with this? These momentous times are defining times in our lives and we scarce not miss the opportunity to grow. To me, it usually follows the ‘once-in-a-lifetime’ mantra and I believe every man has got at least one of such opportunities in his life. In fear, ninety percent of us prefer the sure, conventional way because common sense dictates so. But common sense does not mean best sense. We see confirmation in the following well-accepted, global phrases which when interpreted mean – be careful, hold onto what you have;

‘A bird in the hand is worth two in the bush’
Continue reading “Making Tough Decisions”

What Are The Keys To Success?

MISCONCEIVED KEYS TO SUCCESS
1. Motivation or De-motivation
‘We were not motivated… we were not motivated.’ I have heard people say and have often wondered where motivation really comes from. Employers need to pay their staff well to motivate them. There ought to be very good working conditions. We need more time off to relax and think properly… and so the cries of disaffection grows. These are not cries of poor external motivation but of no internal motivation. No matter the amount of salaries employers pay employees, they get over it in a matter of time and ask for a pay rise (believe me this is true). There also can not be the most adequate working conditions for staff as some of these conditions are external; beyond the reach of the employers or when internal; they are often overcome by unforeseen circumstances. This is why machines (which find adjustments uneasy) were not employed in the first instance but you!
Some employees find themselves in comfort zones when everything is laid out for them. They stop thinking and just get carried along. When their bosses are friendly and easily accessible they conclude that they have arrived and so sleep off. Other staff find this as an avenue to discuss improvement ideas with their bosses and therefore get the office running. Continue reading “What Are The Keys To Success?”