SELF STARTERS NIGERIA

TIPS TO ATTRACT ANGEL INVESTORS FOR STARTUPS  More and more  startup entrepreneurs nowadays are looking for advice on how to attract angel investors to grow their business. An angel investor is always an attractive funding option for the startup entrepreneurs. An entrepreneur needs to understand having an idea is not enough to attract angel investors. Entrepreneurs need to understand what angel investors exactly look in startups. Angel investors are accredited investors, who invest their own money for a percentage of the business. Here we put some tips about attracting angel investors for startups. 1. Build a Convincing Business Model Angel investors always look to see a well organized  and thought out business model. They will be interested if your startup model is profitable, expandable and revenue sharing. It is important to clearly define your competitive landscape of the business and how the product has a cl...

Do you have a tech idea you are struggling with? You should consider giving Letstechit a chance to help.  Letstechit helps in conducting idea analysis, research and also provides technical support for tech ideas at zero initial cost.  Letstechit was co-founded by Olowe Oluwaseun (Project Manager) and Okanlawon Emmanuel (CTO) after they have discovered that people with great and valuable tech ideas encounter a great deal of difficulty in bringing them to fruition —  probably due to high costs of hiring software developers, weak research and analysis, improper planning, or lack of technical skills. The mission of Letstechit is to help great minds with great ideas take their solution from just mere idea - through the project development stage - to a product that will add values to the society. For more information, visit http://www.letstechit.com.ng Here are the contact details of Letstechit +234 909 2977 043, +234 818 3013 202 info@ letstechit.com.ng ...

Choosing a business idea is easy; anyone can do it. Choosing the ‘right’ idea is often the tricky part. A business idea is like a shoe. If an entrepreneur with the wrong foot size tries to take it on, it may end up a horrible experience. Most times, new businesses fail because the ideas and entrepreneurs behind them are the wrong fit. This article provides you with a checklist of five basic rules you should use to test that great business idea you’ve been considering. 1. Does the business idea stir up a passion in you? Humans are creatures of emotion, more so in the world of business. Our mind is a complex machine that can be brought to amazing action by strong feelings. Passion is the defining quality of entrepreneurship that breeds positivity, ambition and perseverance – the critical nutrients that will nurture any business idea to become a remarkable success. Most people start a business and focus too much on the money that can be made. While we insist ...

There’s no such thing as a bad idea. SmartStart was established on the basis of some serendipitous beliefs. In 2015, we realised that: Ideas There’s no such thing as a bad idea. Some ideas are behind their time and some are before their time but all ideas are inherently good ideas. Skills and Support Many Nigerians, old and young, have great ideas but they often don’t have the skills, resources, support, customers, and funding to make these ideas commercial Opportunities Problems are not really problems. They are opportunities. The Nigerian economy has many issues / prospects Why Smart Start? So, in January 2016, we incorporated and set up SmartStart Foundation for the Advancement of New Ideas in Emerging Economies. SmartStart for short. Our job is to help you get the skills, resources, support, and funding you’ll need to put your idea in the hands of your customers. Submit your ideas here: https ://www.sm artstartng.org/ideas-submission/

Are you ready to take on the world of entrepreneurship? Now's the time to do it. Thanks to social media, crowdfunding and alternative lending options, and the constant evolution of technology, this year is a great time to start a business. Here's a list of 10 business ideas to inspire your entrepreneurial spirit as we keep MARCHing in 2016. 1. Haulage Haulage involves transportation of goods and products from place to place. Most businesses that deal in goods and services—especially manufacturers and wholesale dealers—need haulage contractors from time to time to help them transport raw materials or distribute finished goods to their customers. To start a haulage business, what you basically need is a good truck, a driver, and a contract with a company to handle their haulage tasks; and you are good to go. Now that lots of online stores are springing up, this business also involves working with online stores as partners to help in delivery of their goods. 2. Event planni...

MTN, in partnership with the MTN Solution Space and Jumia, are proud to announce the launch of the  MTN Entrepreneurship Challenge powered by Jumia . The Pan-African competition will be the first of its kind in Africa, bringing together over 1000 entrepreneurs, students and investors, to collaborate on ways to amplify and consolidate the continent’s entrepreneurs. Targeting more than 60 universities in 13 countries across Africa, the competition will challenge students to develop a unique digital application or smart solution that will solve a tangible problem faced on the continent. Applications for the first round of the multi-phased competition are open from 16th February and will close on 27 March 2016. Aspiring entrepreneurs from participating universities can enter in teams by logging on  CLICK HERE All applications will be judged by campus captains, who consist of successful entrepreneurs in their respective market. Shortlisted teams will then move on to a live...

First Bank of Nigeria Limited, a subsidiary of FBN Holdings Plc and Nigeria’s most valuable bank brand has launched another first – a pivotal filmmaking reality TV show called FirstStars, in partnership with EbonyLife TV, Africa’s first Global Black entertainment and lifestyle network. Set against the canvass of ‘passion’ and ‘people’, two of the core corporate values of FirstBank, FirstStars showcases the business behind the stars and the opportunities in the film industry, bringing attention to the knowledge, skills, talent and passion of the Nigerian creative mind.  This is in line with FirstBank’s support of the creative arts industry as a major contributor to economic growth. EbonyLife TV, whose sister company, EbonyLife Films, produced FIFTY, one of the most successful and longest running cinema feature films in Nigeria, will be producing the FirstStars reality TV show. The channel is recognized globally as Africa’s media and entertainment powerhouse for its pr...

Small Scale Business ideas and Investment Opportunities in Nigeria 1. Livestock Farming Do you know that one of the fastest growing business opportunities in Nigeria is catfish farming? The primary reason I listed catfish farming as one of the fastest business opportunities in Nigeria is because it’s an emerging industry that hasn’t reached its peak or full potential. The major players in this business are usually regional players. What this means in essence is that each major player in the catfish farming industry is focused only on a particular business terrain within the geographical location of the farm. Now for those who don’t know, there is a bill being proposed now by the federal government of Nigeria to ban the importation of frozen fish. One this bill is passed into law by the national assembly, the local fish farmers will smile and you will be left behind. So why not position yourself now? With respect to poultry farming, the ban imposed by the federal go...