@DavidHundeyin It’s a common saying in product: if you are not paying for the product, then You are the product. Sign up for free and you continue to use without payment then understand you are the product. E.g sign up for Facebook for free! 🤣
On this TOE and trainee issue: What was missing was simply contextual awareness. It can be taught but heavy on how well you can read a room. Knowing how to build connection without offense on the spot is a skill everyone should have. Context is super important.
@asemota What was missing was simply contextual awareness. It can be taught but it’s heavy on how well you can read a room and being emotionally aware. Knowing how to build connection without offense on the spot is a skill everyone should have. Context is king!
@tosinolaseinde Well trauma and low self-esteem that comes with poverty is real that regardless of how much money is made legitimate or not, there is this urge to show that you finally made it, making low profile a difficult think to do.
@mista_aj_@mista_aj_ I have a crazy way of thinking about family budget. Would like to share with you. Jumped on spindle and the simplicity just looks perfect but transparent finance and budget too will be a great idea for the app. If you have a minute, I’ll love to share more.
I once spoke with an entrepreneur who proudly said, “My staff can’t do anything without me.” All I heard was that his business couldn’t survive without him. If your business depends on you for every decision, your next move shouldn’t be more effort, it should be better systems.
Wrapping up the year, one lesson stands out from mentoring young innovators Young Africa Innovate – @UNDPNigeria × @MastercardFdn
Strong founders don’t start with ideas alone. They start with a core skill.
Before Microsoft, Bill Gates was a programmer. Before Facebook, Mark
Zuckerberg wrote code. Before Tesla & SpaceX, Elon Musk built software. Competence came before companies.
Skill gives context. Context reveals gaps. Gaps are where value is created. Without understanding the core and outsourcing everything early means learning the hard way.
Got my own copy of making it big by @realFemiOtedola. I can't wait to consume what is contained in this book - years of wisdom and experience especially about building business in developing countries like our dear nation 🇳🇬
The Nigerian market is complex and unpredictable; what works today may not work tomorrow as customers' attention shifts quickly.
You must adapt or remodel your pricing strategy, or you risk losing the market to emerging underdogs.
@DStvNg To sell better to Nigerians, you need to adjust your pricing model. Open up DSTV subscriptions to daily, weekly, and monthly plans with access to all channels. Many people want to subscribe, but they hesitate to spend money when they’re not using the service optimally,
Just think about it, if a one-day subscription costs 1500 Naira, I can guarantee that many Nigerians would likely subscribe 5 to 6 times a month, leading to increased revenue. Relying on agents to call and plead with customers won’t solve the problem.
Good people can’t thrive in broken systems. If you keep replacing people and the same problems come back, you don’t just have a people problem, you have a structure problem.