Close

+234 (0) 809-2953-047 info@thedreamcenter.org.ng

Archive for category: Uncategorized

by

Empower Yourself in7 easy Steps

blabla

“I don’t think of all the misery but of the beauty that still remains.” – Anne Frank

Would you like to stop all the misery in your life? Would you like to stop annoyance in your life? Would you like to overcome the feeling of boredom? Would you like to enjoy every day as it comes? Would you like to live a happyhealthy, and wealthy life?

Most of us answer these questions with YES. But many of us too would find reasons why it can’t be that way. Are you one of them saying: “Yes, but … .”?

Sure there are many reasons for us not being happy, healthy, or wealthy. And certainly there are many reasons why we can’t become happy, healthy or wealthy neither. But the questions above don’t ask about the reasons that hold us back.

As long as we find somebody or something to blame for the circumstances in our lives, we have given away some of our personal power. Often we do that because we find value in these circumstances. These values could be as simple as having something to talk about. So these questions really help us to find out how ready we are to take the steps necessary to empower ourselves.

Once we are ready to say YES without any restrictions to the questions above, we too have the courage to take the first step. Here is my complete list of the 7 easy to follow steps towards self-empowerment:

1. Say YES to self-empowerment! Whatever you like to change, it starts with a yes. Take full responsibility for your decisions, actions, and outcomes. Be clear about your desire and what it takes to follow through before you even decide!

2. What are you proud of? Think about all your experiences in life. What did you learn from them? Make a list with all the learnings, achievements and successes you have had until now and add to it whenever you remember more. Journaling daily your successes and miracles are a good way to keep you into the state of being proud of yourself. Even something as little as a smile you gave to someone on the street counts.

3. What are you good at? Make a list of one hundred things that you are good at. It might take a while to have it complete. So I suggest you have the list in your wallet, diary, or close to your bed, so you can add whenever you realise another thing you are brilliant at. Do you find more than hundred things? Great keep adding!

4. What do you like about yourself? Often we are going on and on about all the thing we don’t like about ourselves. To build up on your self-esteem make a list of fifty things you like about yourself. This list too might take a while to be completed. And keep adding. There aren’t limitations at all.

5. Look for the positive aspects! In looking for positive aspects everywhere and in everybody  we focus on what is available instead of the things we miss. The more we acknowledge the good aspects in people, situations, and circumstances the more we nourish our own positive attributes.

6. Respect other people and their perspectives! Each person has their own experiences, achievements, qualities, values, and preferences. To be respectful of other people, to show interest in them and to listen attentively will certainly help you to stay in control of your own personal power. Keep your focus on what you may have to learn from the people in your life.

7. Be true to yourself! Even if you follow all the other six steps to be truly empowered you must be true to yourself. This means to listen to your inner voice and your body signals, to become aware of your passion and fears, and to have the courage to stand up for yourself. Self-empowerment means to be in power of your true self.

Personal power is all about accepting ourselves completely with all aspects of our own personality. The steps are easy to follow but they too might hold a lot of challenges. These challenges help us to overcome obstacles in our lives and even though they seem huge right now soon they will be another point on our list of achievements.

To say YES to a happy, healthy, and wealthy life is really taking the steps towards self-empowerment.

 

Source; Sandyseeber

by

5 Ways to Start a Business With Little or No Money

business

Bank loans and venture capital aren’t the only ways to get a new business up and running. Countless entrepreneurs have started successful businesses without borrowing a dime. Known as bootstrapping or starting a business without outside capital, small business owners who’ve gone this route have had to rely on their resourcefulness, drive and creativity instead of cash to build successful enterprises.

“Being undercapitalized was a great thing for Barefoot,” says Michael Houlihan, co-founder of Barefoot Cellars and co-author of the upcoming book The Barefoot Spirit: How Hardship, Hustle, and Heart Built a Bestselling Wine. “It forced us to think creatively and to be resourceful every step of the way.”

According to Houlihan, instead of having the luxury of throwing cash at every problem that surfaced, Barefoot Cellars had to create processes and procedures that stood up on their own merits.  As a result the company learned in the early days how to operate lean and to survive on a shoestring budget.

For Heather Whaling, founder and CEO of Geben Communication — which she started in December of 2009 and was completely self-funded — one of the key takeaways from bootstrapping her PR firm was incorporating a pay as you go mentality that is still in effect three years later (even though the business has grown more than 150% and she has six months of operating expenses in the bank).

“If we want to do something we make sure we have the funds available to do it,” says Whaling.

While getting a loan or raising capital may seem the easier way to bankroll your new business, here are some tried and tested ways to grow a start-up with little cash.

No. 1: Start in the garage

Bill Gates isn’t the only one who can be successful starting a business in his garage. According to experts, a great way to save money is to run your business in a location that won’t require you to pay extra rent — whether it’s your garage, bedroom, basement or attic.

“Barefoot’s first office was a laundry room,” says Houlihan. “It wasn’t glamorous. But it held our files and a desk and most importantly, it allowed us to get the job done without spending any extra money.”

No. 2: Get paid upfront

Whether you are manufacturing a product or providing a service, the sooner you can get paid the quicker you can grow your business, which is why experts say it’s a good idea to try and get paid, even partially, up front. Whaling, who typically gets paid on a retainer basis, has clients make a down payment when they sign on. Not only does it mean money is coming in from the get-go, but it bolsters her relationship with her clients.

“The new client feels they have skin in the game if they paid,” says Whaling.

If you’re selling a product, Houlihan says a win-win strategy is to offer retailers a discount if they pay cash for the product or buy a large quantity. By doing that you can be ahead of your bills and the retailer wins because it is saving money.

No. 3: Barter for what you need

Bartering hasn’t gone the way of the dinosaurs, in fact it is alive and thriving and is a great way to get the goods and services you need without spending a dime.

“Find other start-ups that have what you need and need what you have,” says Houlihan. “A good place to start might be any suppliers that are also start-ups. They are cash-strapped like you and probably need to spend money they don’t have.” You can also use a barter company that specializes in handling business trades.

No. 4: Commit to keeping costs low

In order to build a business with little cash you need to first commit to keeping costs as low as possible. Once you make a conscious decision to do that, it’s easier to implement strategies to make that work. For Whaling it meant working out of her home for the first couple of years, outsourcing functions and using freelancers.

Barefoot Cellars also embraced outsourcing as a way to save money in the early days. According to Houlihan, he and his co-founder outsourced wine production, bottling and the logo that went on the bottles.

“If we’d had to pay for all of that space, equipment, and manpower up-front, we would never have gotten Barefoot off the ground,” he says.

No. 5: Get free advertising through non-profits

Let’s face it, you are going to have to advertise or market in order to build awareness and thus sales. But for many start-ups the funds simply aren’t there. To get around the costs of advertising, Houlihan says to partner with non-profits that you care about. Sure you’ll be giving your product or service away for free, but you’ll also reach potential customers that share the same beliefs and concerns that you do.

Houlihan says the best approach is to reach out to small, local non-profits and charities.

“We sought out organizations that believed in causes close to our own hearts,” says Houlihan. “We gained access to huge numbers of potential customers and gave them a ‘social reason’ to buy Barefoot wine.”

 

SOURCE; FOX Business.Com

 

by

Coping With Stress At Work

blooooggggggg

Everyone who has ever held a job has, at some point, felt the pressure of work-related stress. Any job can have stressful elements, even if you love what you do. In the short-term, you may experience pressure to meet a deadline or to fulfill a challenging obligation. But when work stress becomes chronic, it can be overwhelming — and harmful to both physical and emotional health.

Unfortunately such long-term stress is all too common. In 2012, 65 percent of Americans cited work as a top source of stress, according to the American Psychological Association’s (APA) annual Stress in America Survey. Only 37 percent of Americans surveyed said they were doing an excellent or very good job managing stress.

A 2013 survey by APA’s Center for Organizational Excellence also found that job-related stress is a serious issue. More than one-third of working Americans reported experiencing chronic work stress and just 36 percent said their organizations provide sufficient resources to help them manage that stress.

You can’t always avoid the tensions that occur on the job. Yet you can take steps to manage work-related stress.

Common Sources of Work Stress

Certain factors tend to go hand-in-hand with work-related stress. Some common workplace stressors are:

  • Low salaries.
  • Excessive workloads.
  • Few opportunities for growth or advancement.
  • Work that isn’t engaging or challenging.
  • Lack of social support.
  • Not having enough control over job-related decisions.
  • Conflicting demands or unclear performance expectations.

Effects of Uncontrolled Stress

Unfortunately, work-related stress doesn’t just disappear when you head home for the day. When stress persists, it can take a toll on your health and well-being.

In the short term, a stressful work environment can contribute to problems such as headache, stomachache, sleep disturbances, short temper and difficulty concentrating. Chronic stress can result in anxiety, insomnia, high blood pressure and a weakened immune system. It can also contribute to health conditions such as depression, obesity and heart disease. Compounding the problem, people who experience excessive stress often deal with it in unhealthy ways such as overeating, eating unhealthy foods, smoking cigarettes or abusing drugs and alcohol.

Taking Steps to Manage Stress

  • Track your stressors. Keep a journal for a week or two to identify which situations create the most stress and how you respond to them. Record your thoughts, feelings and information about the environment, including the people and circumstances involved, the physical setting and how you reacted. Did you raise your voice? Get a snack from the vending machine? Go for a walk? Taking notes can help you find patterns among your stressors and your reactions to them.
  • Develop healthy responses. Instead of attempting to fight stress with fast food or alcohol, do your best to make healthy choices when you feel the tension rise. Exercise is a great stress-buster. Yoga can be an excellent choice, but any form of physical activity is beneficial. Also make time for hobbies and favorite activities. Whether it’s reading a novel, going to concerts or playing games with your family, make sure to set aside time for the things that bring you pleasure. Getting enough good-quality sleep is also important for effective stress management. Build healthy sleep habits by limiting your caffeine intake late in the day and minimizing stimulating activities, such as computer and television use, at night.
  • Establish boundaries. In today’s digital world, it’s easy to feel pressure to be available 24 hours a day. Establish some work-life boundaries for yourself. That might mean making a rule not to check email from home in the evening, or not answering the phone during dinner. Although people have different preferences when it comes to how much they blend their work and home life, creating some clear boundaries between these realms can reduce the potential for work-life conflict and the stress that goes with it.
  • Take time to recharge. To avoid the negative effects of chronic stress and burnout, we need time to replenish and return to our pre-stress level of functioning. This recovery process requires “switching off” from work by having periods of time when you are neither engaging in work-related activities, nor thinking about work. That’s why it’s critical that you disconnect from time to time, in a way that fits your needs and preferences. Don’t let your vacation days go to waste. When possible, take time off to relax and unwind, so you come back to work feeling reinvigorated and ready to perform at your best. When you’re not able to take time off, get a quick boost by turning off your smartphone and focusing your attention on non-work activities for a while.
  • Learn how to relax. Techniques such as meditation, deep breathing exercises and mindfulness (a state in which you actively observe present experiences and thoughts without judging them) can help melt away stress. Start by taking a few minutes each day to focus on a simple activity like breathing, walking or enjoying a meal. The skill of being able to focus purposefully on a single activity without distraction will get stronger with practice and you’ll find that you can apply it to many different aspects of your life.
  • Talk to your supervisor. Healthy employees are typically more productive, so your boss has an incentive to create a work environment that promotes employee well-being. Start by having an open conversation with your supervisor. The purpose of this isn’t to lay out a list of complaints, but rather to come up with an effective plan for managing the stressors you’ve identified, so you can perform at your best on the job. While some parts of the plan may be designed to help you improve your skills in areas such as time management, other elements might include identifying employer-sponsored wellness resources you can tap into, clarifying what’s expected of you, getting necessary resources or support from colleagues, enriching your job to include more challenging or meaningful tasks, or making changes to your physical workspace to make it more comfortable and reduce strain.
  • Get some support. Accepting help from trusted friends and family members can improve your ability to manage stress. Your employer may also have stress management resources available through an employee assistance program (EAP), including online information, available counseling and referral to mental health professionals, if needed. If you continue to feel overwhelmed by work stress, you may want to talk to a psychologist, who can help you better manage stress and change unhealthy behavior.

 

Source; American Psychological Association

by

Look Closely at These 4 M's Before Investing in a Startup

Recently, I was asked to judge a startup competition.  As I was filling in the evaluation questionnaire, I noticed that the questions being asked revolving around four topics all starting with the letter M: market, model, management and momentum. That is an elegant way for all of us to think about evaluating startups.

1. Market.

The market assessment comes down to a look at the startup’s industry and competition.  From an industry perspective, the larger the industry and the faster it is growing, the better. Investors would rather invest in $100BN markets than $100MM markets, to build as large a business as possible.  A business selling travel to passengers around the world will garner more interest than a business selling whitewater rafting trips in Colorado.

From a competitive standpoint, the less competition the better, especially if that competition is already well-funded and pointing their fresh venture-capital marketing bullets in our direction. First movers or early movers are preferred, as opposed to the tenth startup entering a crowded space. Look for white space opportunities where you can stand out and shine amongst the crowd.

2. Model.

The model assessment comes down to two things: the overall business model and the unit economic model. In terms of the business model, how does the company plan to make money? Is it ecommerce selling online merchandise? Or, advertising sales in a content publishing model?  And, most importantly, how large can the revenues get in the next five years, and what does that mean to the ROI on my investment?

The unit economics comes down to two things: the lifetime value of a customer’s revenues compared to the cost of acquiring that customer in the first place. If you are Starbucks, and your average ticket is $10 per transaction, and a customer buys one cup of coffee a week, that is a year-one revenue potential of $520. If we lose customers at a rate of 20 percent a year, over five years that is a lifetime value of $1,560 in revenues.

As a rule of thumb, I prefer not to spend more than 10 percent of my lifetime revenues on an initial cost of acquisition. If the initial marketing cost per customer is under $156, the startup is going to be in in pretty good shape for attracting capital.

3. Management.

The management assessment has several variables. How experienced are the founders in this industry? How experienced are they in building startups? How experienced are they as working as a team together? How credible are they? What is their personality fit with the investors, given the amount of time they are going to be spending together?

4. Momentum.

If I had to pick one thing investors gravitate towards more than anything it is the speed of customer adoption. If customers and revenues are scaling quickly, that is a pretty solid proof of concept that instills confidence and excites an investor to write a check.  Frankly, if you had all of the other three M’s, and this one was missing, it would be very challenging for you to raise capital.  As I have said in the past, focus less on the product and focus more on the proof of concept marketing around that product, and you will be in great shape.

So, whether you are a startup seeking capital, or an angel investor looking to invest capital into a startup, make sure all four M’s of evaluating potential startup success have been checked.

 

Source; Entrepreneur.Com

by

5 Minutes Early Is On Time; On Time Is Late; Late Is Unacceptable

I have a magic pill to sell you. It will help you make more money, be happier, look thinner, and have better relationships. It’s a revolutionary new pharmaceutical product called Late-No-More. Just one dose every day will allow you to show up on time, greatly enhancing your life and the lives of those around you.

All joking aside, being late is unacceptable. While that sounds harsh, it’s the truth and something that should be said more often. I don’t care if you’re attending a dinner party, a conference call, or a coffee meeting – your punctuality says a lot about you.

Being late bothers me so much that just thinking about it makes me queasy. My being late, which does occasionally happen, usually causes me to break out into a nervous sweat. The later I am, the more it looks like I’ve sprung a leak. Catch me more than 15 minutes late and it looks like I went swimming.

On this issue, I find myself a member of a tiny minority. It seems like most people consider a meeting time or deadline to be merely a mild advisory of something that might happen. I’ve been called uptight and unreasonable, or variations prefaced with expletives. In a world that feels perpetually late, raising the issue of punctuality isn’t a way to win popularity contests and I’m ok with that.

There’s a reason we set meeting times and deadlines. It allows for a coordination of efforts, minimizes time/effort waste, and helps set expectations. Think of how much would get done if everyone just “chilled out” and “went with the flow?” It would be the definition of inefficiency. It’s probably not that hard to imagine, considering just last week I had 13 (yes, I counted) different people blow meeting times, or miss deadlines. It feels like a raging epidemic, seemingly smoothed over by a barrage of “my bads,” “sorry, mans,” and “you know how it goes.” The desired response is “it’s all good,” but the reality is that it’s not okay. Here’s what it is.

  • Disrespectful: Being on time is about respect. It signals that you value and appreciate the other person. If you don’t respect the meeting’s participants, why are you meeting with them in the first place?
  • Inconsiderate: Unintentionally being late demonstrates an overall lack of consideration for the lives of others. You just don’t care.
  • Big-Timing: Intentionally being late is about power. It’s showing the other person, or people that you’re a “big deal” and have the upper-hand in the relationship. It’s also called being a dick.
  • Incredible: No, not in the good way. When you miss meeting times or deadlines, your credibility takes the trajectory of a lead balloon. If you can’t be counted on to be on time, how could you possibly have credibility around far tougher tasks?
  • Unprofitable: Let’s consider a scenario where five people are holding a meeting at 2 p.m. Your sauntering in ten minutes late just wasted 40 minutes of other peoples’ time. Let’s say the organization bills $200/hour. Are you paying the $133 bill? Someone certainly is.
  • Disorganized: If you can’t keep your calendar, what other parts of your life are teetering on the edge of complete disaster? Being late signals at best that you’re barely hanging on and probably not someone I want to associate with.
  • Overly-Busy: Everyone likes to equate busyness with importance, but the truly successful know that’s BS. Having a perpetually hectic schedule just signals that you can’t prioritize, or say “no,” neither of which is an endearing trait.
  • Flaky: Apparently some people just “flake out,” which seems to mean that they arbitrarily decided not to do the thing they committed to at the very last minute. Seriously? That’s ridiculous.
  • Megalomaniacal: While most grow out of this by the age of eight, some genuinely believe they are the center of the universe. It’s not attractive. Note, this is also called Donald Trump Syndrome. Do you want to be compared to Donald Trump?
  • As I said earlier, I’m occasionally late. Sometimes a true emergency happens, or an outlier event transpires. When it happens, I try to give a very detailed account of why I was late, apologize profusely, make sure the other person knows that I take it very seriously, and assure them it won’t happen again.

    Paying attention to punctuality is not about being “judgy,” or stressed. In fact, it’s quite the opposite. It makes room for the caring, considerate, thoughtful people I want in my life, whether that’s friends or colleagues. Think of how relaxing your life would be if everyone just did what they said they’d do, when they said they’d do it? A good place to start is with yourself and a great motto is something I was taught as a child:

    “5 minutes early is on time. On time is late. Late is unacceptable.” 

    Source ; Forbes.Com

by

The Empowerment Series

Event Description

The empowerment series is a monthly event set to empower small businesses and professionals with great information and skill.this series leverages on reputable speakers impacting knowledge in various fields of endeavor

Additional Ticket Information
The empowerment series – 286 tickets remaining. Sales end on August 24
When
Where
The Dream Center – 8 Oshodi – Oworonshoki Express Way Somolu, Lagos NG

 

Rufai Oseni is a seasoned broadcaster, who believes in using the gift if knowledge to empower others. He is currently the morning show host on Inspiration fm 92.3 with prior experience with the BB.

 

Source: Eventbrite

by

How to Find a Job in 6 Simple Steps

Job seekers can spend a lot of time trolling job sites and sending resumes en masse without culling much of an employer response let alone landing an interview. While the job market is rebounding, employers still receive between 102 and 137 applications per job from both social-media networks and job boards, says a 2014 study from Brandon Hall Group.

Effective job search and generating employer interest requires careful thought, research and strategy. To help maximize your chances of finding a job that fits you and your desired career path, consider following these six steps.

1. Understand your job search criteria.

First, be able to articulate what it is you are looking for in a job. Figure out your top five priorities — whether it is company culture or a specific job position. “If you understand what motivates you as an employee, it will be easier to target your applications to opportunities that match your skills and ambitions,” says Paul Sandusky, vice-president of talent acquisition and development at Ceridian, an HR software company.

Also be flexible. “You don’t want your specificity to cost you your dream job at your dream company,” advises Mariah DeLeon, vice-president of people at workplace ratings and review site Glassdoor. She suggests that if you get to the point where you’re interviewing for a position at a company you want to work for but that isn’t quite the right fit, be candid with HR or the recruiter about your expertise and desire to work there. There’s always the possibility of a better opportunity opening up within that company.

2. Create a list of jobs that meet your criteria.

Once you’re able to articulate what you’re looking for in a job, use this criteria to guide you in your search. Create a list to keep track of information. Sheryl Sandberg used an Excel spreadsheet to organize her job search when she graduated from Harvard Business School. Use the format that best suits you.

3. Read the job description carefully.

Reading the job description during your job search may take up time up front, but it is a major time-saver in the long run, because you won’t be applying for jobs for which you are an unlikely candidate.

“Companies generally have limited flexibility on their mandatory requirements, be it a particular university degree or specific job experience,” Sandusky explains. “[However] you should apply to a position if you are confident you can do the job, just be prepared to explain precisely how your skills or experiences are applicable to the opportunity at hand.”

4. Customize your resume and cover letter.

Once you have your hit list of jobs that meet your criteria, customize both your cover letter and resume to speak to the company, position and job requirements. Having multiple “versions” of your resume can be an effective way of tailoring your experience to a particular role or industry, Sandusky says.

DeLeon recommends that after applying online, try to email your resume and cover letter to someone who is likely in the hiring and decision-making mix, such as a manager or director in the department you’d like to work in.

5. Activate your referral network.

Employee referrals and word-of-mouth are the most common means of external hiring. Many job openings are not advertised, which is why attending relevant industry events and conferences, career-related lectures, seminars or training sessions can pay off. Reach out to alumni networks, career and interest-driven organizations and meet-up groups to let people know you’re looking and ask about open positions.

Also, let your friends know that you’re looking and ask if you can email them your resume to provide an informed idea of your experience and skills. Chances are, at least one of your friends is a connector — one of those people who knows everybody and builds relationships quickly — who knows of several people who can provide either guidance, a connection or a referral.

6. Follow up.

If you’ve submitted your resume and application and haven’t heard a response, send a follow-up email to ensure HR or the hiring manager has received the application, DeLeon says. “Your note can be short, but you should reiterate why you want to work for the company and what you bring to the table that will ultimately help the business move forward.”

Following up after an in-person or phone interview — ideally on the same day of the interview — is not only a common courtesy but it reinforces that you are genuinely interested in the position while helping keep your name top of mind amongst those who are hiring, Sandusky says.

While there isn’t a magic bullet when it comes to finding a job, focusing your job search on quality over quantity is generally the way to go in your career.

 

Source; Entrepreneur.Com

by

4 Reasons Why Entrepreneurs Don't Regret Their Choices

Entrepreneurs are individuals who bring an idea to life — we’re creators, thinkers, innovators. And we have some help there: Multiple strategies for ways to think, interact, and implement are at our fingertips. Think what the world would be without Facebook or Uber.

Both of those billion-dollar companies created new industries. Uber for example, started as a mobile, on-demand car service, yet has fueled the creation of many other on-demand mobile industries, from Sesh, a mobile-tutoring app, to Wag, a mobile dog-walking app.

As Lori Greiner from Shark Tank once said, “Entrepreneurs need to be willing to work 80 hours a week, to avoid working 40 hours a week.” The amount of time and money you devote to your startup will be drastic, but the payoff may be exponential.

Looking back on my own startup experience, with my watch/sunglass company Yes Man, I cherish the time I put in before my launch: My passion was sky-high and I couldn’t wait to get my products into people’s hands. Now, as my company grows, my motivation stems from seeing people wear what we create. As an entrepreneur, you too need to figure out your vision early on. AirBnB, for example, was born to make people feel that they belong anywhere. AirBnB’s founders had started their platform to host attendees of conventions. But they soon realized that there was a bigger picture.

So, take a lesson: Every entrepreneur and company should understand the big picture; it’s what scales your startup and attracts investors. Though starting a company is one of the hardest challenges a person can face, there are reasons why you will never regret it. Here are four of them:

1. Fulfillment

In an interview, I was once asked what was the driver behind my business. At first I thought the obvious answer was “money,” yet after thinking more, I realized that the coolest part of being an entrepreneur is seeing people use what you have created. Every time I see someone rock Yes Man watches or sunglasses, I get this incredible feeling of fulfillment.

2. Personality

Most entrepreneurs create businesses that cater to their needs or personalities. I have never heard of a founder who doesn’t personally use the products his or her business creates. Entrepreneurship enables you to create something for yourself and then share it.

3. Freedom

Entrepreneurship gives you the ability to work wherever and whenever you want. Entrepreneurs are not restricted to the 9-to-5 workday. You can work when you want, not when the time reads “9 o’clock.” There is nothing quite like having the ability to completely control your schedule.

4. Value

Entrepreneurs who create successful businesses enjoy the pleasure of being able to provide for others. This doesn’t just mean creating jobs; it can also stem from your business expenses, involving what you buy to run your business, to the value your products add to other companies. A great example of this is Honest Tea: Its tea leaves are sourced from rural farmers in India and China, who probably couldn’t survive without this income. Honest Tea’s purchase of these leaves helps these small communities provide for themselves.

Being an entrepreneur, then, is a whirlwind of an experience. You will have your highs and lows, but nothing can compare to the feeling of creating your own business. Value your vision and your business will follow.

 

Source: Entrepreneur.Com

by

WHAT IS YOUR POEM?

Founders’ Secrets is an initiative of The Dream Center that provides a platform of learning, sharing and interacting, between professionals and ongoing start-up business owners and leaders, from various sectors, to draw from them their start-up stories, and how to build a successful entrepreneurial empire.
The July edition which was held at the Alvan Ikoku Hall of The Dream Center, was graced by CEO Lagos Angel Network Tomi Davies, a recognized expert in the IT- led Transformation of businesses, who led the deployment of the first Wimax 16e based 4G mobile broadband network in Nigeria .
It started in an interactive mood where participants were asked to write down and share with all, their business vision clearly and comprehensible. This session discovered a lot of great business potentials like:
Daniel: To go into large scale Animal Husbandry focusing basically on Snailing and fish production
Obinna: To set up a community pharmacy that provides affordable care for the masses
Tomi: To promote positive livelihood amongst women
IK: To be the most impactful brand consultant in business
Temitope: To democratize finance for low cost housing by providing a platform for meeting business experts
And many more…
Tomi Davies then introduced himself and gave a full detail of his own vision and passion. He introduced the audience to his website and how they can get his authored materials.
In his words “This morning I’m going to teach you how to write a ‘POEM’ for your business”. The Poem would therefore not mean the usual nursery rhyme but an acronym for ‘Proposition’ ‘Organization’ ‘Economics’ ‘Milestone’.
He further taught that Proposition determines the values, market, problem, solutions, competitors and the customers, the trick to any business is to know your customers. You get paid from the proposition, the organization receives the money from you. So you must make your proposition greater than your organization. The quality of your organization determines how good your proposition is, Staffs, Board of Directors, Advisors, Suppliers, Vendors and all those that will deliver revenue for your business makes up your Organization.
Economics is all about money, it measures the revenue streams of your business and it’s about the proposal and the organization.
The Milestones are seen as the business drive. Your business strategies are usually tied up to your milestones, visions comes to life through the milestones you have achieved and milestone is about time, they are the expression of the vision for your business.
After the theory and practical explanation and discussion of what POEM is, and how it applies to building a successful business, there was the questions and answers session. This particular segment of the event was one big one everyone waited patiently for. The session was moderated by Mr Dayo Israel, and it lasted for 10 minutes. Here are some of the questions asked, and Tomi Davies answers:;
Q: How can one expand his business to capacity?
A: Get a compelling story, get a plan for expansion and document your business problems, opportunities and solutions. Your Proper Documentation (framework) will enable banks to release funds for expansion.
Q. How do you break down a big vision?
A: The journey of a thousand years starts with a step. Always start with your customers that will bring the vision to life. Think big, start small and scale fast.
Q. How can we turn challenges/weakness to strength in our business?
A: Figure out your segment for the industry, and team up with others in the same industry. Don’t do things that are common to all.
Q; What makes your ideas stand out?
A: It is usually the TEAM, not the ideas.

by

How Buhari Can Engage Prospective Investors – Utomi

Renowned economics professor and management expert, Pat Utomi has given President Muhammadu Buhari tips on how he can draw prospective investors to the country.

Utomi who spoke during a live programme on Monday, July 27 monitored by Naij.com spoke on the gains of President Buhari’s recent visit to the United States.

He said that one of the ways to engage prospective investors is to invest in Nasarawa state’s solid minerals. He stated that the states solid minerals is a huge investment, adding that the state should look for the global value gains of the solid minerals and concerns for leading mining companies.

Utomi also said that there is a role for both government and private sector in the country. He said the role of the private sector should be wealth creation, while that of the public sector should be a facilitating role.

He added that we must have an entrepreneurial public sector that works very closely with the public sector.

“It is such a patriotic engagement that private sector gains don’t really go the pockets of the leaders of the sector it goes to the country. It brings tax, provides opportunity for actualization, creates jobs and builds power for the country,” he said.

The renowned economics professor said that a country that is in commercial power is respected and that the partnership between the public0 and private sector should go together.

Meanwhile the professor of political economy, has revealed his preparedness to work with the government of President Muhammadu Buhari if he is given the opportunity.

Source; Naij

Join The Dream Center Today