Last night, a senior in one of the former industries I once worked saw this #LagosSMEbootCamp flyer & buzzed me with some snide remarks to know what I do now & "How do you make money from a free online seminar??"Sadly, my ethics can't let me share the chat that followed. Thread.
The convo reminds me of when we started in 2018, had heated debates with some of my friends who could not understand why I should invest my own money running free events when I had a sellable brand & can make money from charging SMEs some fees for the bootcamp.
I spent almost everyday in one form of explanation or argument or the other as to why it should be free. I kept explaining the vision. Many felt it was silly. I still do the explaining till today. 3years after, I am glad we are seeing the results of some of our objectives.
Something I've learnt with this journey with the #LagosSMEbootCamp is that everyone feels entitled to tell you why your own vision or objectives are flawed and why you should adopt what they think is the best approach. This is why you must have a clear vision and a conviction.
It is easy to get distracted with all forms of opinions, distractions and pressure from people who don't know your story or why you are doing what you do. My mother raised me with little proceeds from her small business. I saw her toil day and night & struggle with her records.
She was neither a strategist nor an accountant, but she knew when to exit one business & join the other, she knew how to keep detailed records in her notebook. When I started my career and began seeing SMEs making millions, I was shocked many had no records, no structure. Nothing
Yet many of them were or are in those businesses for survival. SMEs are largely survival strategies for Nigerians. Yet their lack of understanding about how to manage their business makes it impossible to grow those businesses or scale them. They even fail. Double tragedy.
I was consulting for large firms who paid thousands of dollars, even millions for our services. Yet SMEs from whom we were raised & who contribute the largest chunk to employment & our economy are failing & have no access to these services. That's why we started #LagosSMEbootCamp
This year, we're honoured to be hosting some of Nigeria's brightest minds & leaders to share their genius in quality service, finance, branding, biz. modelling, etc. with SMEs for free. We have @TundeIrukera@NkiruOlumideOjo@yinkanubi@heynkechi on the panel. #LagosSMEbootCamp
Our panel also includes genius millennial disruptors: @TundeTASH@hunmiz@CBiNGR's Kitan Babalola and @SystemSpecsNig's Adesuwa Opedun. These brilliant minds will be talking about HR tools, social currency, corporate governance & technology tools for SMEs. #LagosSMEbootCamp
If you're yet to register, please quickly visit lagos-sme.com for a chance to participate. Also follow @LagoSMEbootCamp for updates. It's our first virtual edition and there are no location constraints for those outside Lagos. It’s bigger & better. God bless you🙏
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Because 12 reasons 1. Democracy is about choices. Only in Nigeria does democracy function as autocracy & elites find it to be decent rather than fight 2. I’m able to separate my views from my comfort zone & see the brutalization of micro businesses/transporters by violent thugs
3. The pseudo accountability & citizen engagement that has happened over the past 1week shows what is possible if only govt know that they are accountable to citizens & they can be removed by the ballot 4. @GRVlagos is competent. To say GRV is not qualified is like saying
Me, you and all of us building things in the private sector are not qualified to lead government. Many newcomers globally do well in govt. His background is solid & he is sound! 5. This mindset that only the middle aged with godfather backing are qualified is why we’re in slavery
FIVE Reasons why I will NEVER vote Peter Obi in 2023.
1. I am a Yoruba man. I will rather vote Yoruba than Igbo 2. Tinubu fixed Lagos 3. Peter Obi is IPOB 4. Peter Obi cannot win 5. Peter Obi’s supporters are toxic and abusive.
Let me explain. A little bit of a long Thread
1. I am a Yoruba man. I will rather vote a Yoruba man than an Igbo man.
Except that I lived along Lagos-Abeokuta expressway when Obasanjo was president, and he lived in Ota, along the same road, and it was amongst the worst in the country despite my neighbor being president
And the road remains so till today despite Lagos/FG alignment, which was the reason given then. Tribal politics has never benefited any tribe in Nigeria. The north remains the poorest despite having the most presidents, Bayelsa remains poor with development issues despite GEJ.
PDP deserves all the votes they will lose in 2023 cos of Peter Obi. Obama in 2004 ran for senate & didnt see a near hope of being President. He turned star after Democratic Party leaders penciled him for the DNC address in 2004 & then marked him as a presidential material! Thread
The US was in a recession, survived 9/11 & generally was tired of the Republicans. The Democratic Party Leaders put aside their selfish interest to look out for a rising star who could deliver & reignite a message of hope in Americans that will lead to victory & got the result.
Nigeria is in Similar circumstances of hopelessness with the disastrous Buhari regime & PDP had a chance to convert the country’s hopelessness by first, moving ticket south & second fielding a rising star in Peter Obi, but chose instead to deepen the hopelessness by giving Atiku.
I’ve gotten lots of DMs from friends & followers about my thoughts on MTN’s new shares listing and what it means for a novice investor. Follow this thread closely on what the MTN offering is about in layman’s language to help you decide if buying is a good choice for you. Thread
When people reach out to me this way, it dawns on me the responsibility some of us have to constantly share knowledge that can help others build wealth.
Why should anyone buy this shares or should you buy?
What's the implication for your money?
Everyone has probably told you now that investing in high performing stocks is probably one of the surest ways to build long term wealth –There is a popular multinational FMCG whose stock remains consistently over 1,000 per share and was just a few hundreds of naira years ago
Fashola is building a few thousand units of N7million houses and calling it affordable in a country where less than 5% earn up to N3million per annum, and housing deficit is over 22million. The disconnect from reality in our governance is so wide that it only has to be ment.
Responses here show that we may never solve the social problems facing majority of Nigerians- so far as we keep using our personal socioeconomic status to assess the majority. Govt is about IMPACT- you can’t solve a problem by excluding the majority of the victims of the problem.
Affordability &/or low cost is relative to income - which firstly in Nigeria is low, then the major problem- housing deficit affects mostly those with low-zero income. These guys can’t afford 7m. This approach is simplistic. The solution is a harder route. But we like simplistic
When we started #LagosSMEbootcamp in 2018, we didn’t know we will come this far, we initially planned to just do something small for 40 SMEs, then ended up with 100. 4yrs & 6events later, we’ve supported 4,500 SMEs & a vibrant @LagoSMEbootCamp community. Season 4 is here. Thread
Year on year, we’ve gotten bigger & better. The fulfillment comes from personalized feedback from members of our community. Limta from Ekiti that used our support funds to register his business, to TJL from Ibadan who said we helped her expand online. The testimonies are endless.
It brings me so much joy to see that our efforts put smiles on the faces of young people who start small businesses to support their tuition, or augment their mother’s income, or middle aged parents who depend on their SMEs to build their kids future. This is what #SDG 8 is about