Festus

Adventurer - Mr Wakawaka || Road Lover || Real Estate Consultant @ Dual Realty || Astute Sales Consultant - Overall best in Salesmanship ||

[Festus @festustomiwa]

@aduralere_ @Akintomiwaphoto Birthday blessings Icon Damar

[Festus @festustomiwa]

@omotegofeyi Congratulations Omotego, cheers to more 😂

[Festus @festustomiwa]

@asemota A great life hack. There was a time I had to justify the reason why I decided to move to an area where I had to pay much more rent, first to myself then to my parents but that was one of the best things I have done for myself.

[$JRD! @jalaal_tweets]

I learnt about this in my Business analytics degree and I’m going to break it down for you.

Temu isn’t shipping your order from a factory in Shenzhen the moment you tap “buy.” They moved away from that model a while back. What they run now is a demand forecasting operation: they collect order data by region, figure out which products people in, say, Yaba or Lekki keep buying, then ship bulk quantities of those products to fulfilment warehouses already inside the UK or US. Your order never left the country. It was already sitting in a warehouse 40 miles from you before you even opened the app.

This is standard supply chain logic. Amazon has been doing it for years. What makes Temu interesting is how aggressively they’re applying it at scale. They’re working backwards from purchase history, search behaviour, and even abandoned carts to predict what needs to be stocked where, weeks before the demand actually lands. By the time you order a #5000 phone stand at 11pm on a Saturday, there’s a reasonable chance 200 of those phone stands are already in a depot near you because the data said they would move in your postcode cluster this weekend.

It’s called inventory pre-positioning, and the predictive layer underneath it is machine learning working on millions of rows of transaction data daily.

The “made in China” framing still applies to where the product was manufactured. That part’s accurate. But manufacturing and fulfilment are two completely separate steps, and people keep conflating them.

What Temu figured out is that fast delivery is a conversion driver, so they invested in the forecasting infrastructure to make it possible without eating the cost of next-day air freight on every order. The warehouse does the work. The algorithm fills the warehouse.

I’m @jalaal_tweets, you’ll learn more about Data and Ai fluency if you follow me.

[Osaretin Victor Asemota @asemota]

If you are broke and the first thing that comes into your mind is selling property to make more money, then you are walking on very dangerous terrain. It is not a sustainable way out of the problem of insufficient income.

If you now have to sell the property to pay off debts, then maybe you should seriously consider a career change and give up entrepreneurship.

I have seen former "big men" go through this phase and finally be saved when they open up, and their friends rally around them. This is why African politicians will always support corruption. Their income is never enough to sustain their lifestyle.

This is also what leads to all the bad side deals in the private sector and why they exclude outsiders from their circle.

For those in sports and entertainment, it is brutal. When Davido mentioned that his Dad would send him $300k after a show, I laughed because the man probably knows his burn rate and cash cycle better than anyone.

You can't plan a life around doing one-off deals, but you can plan a life around working with a group of people to generate constant income. The reason the Lebanese, Indians, and others are better businessmen in Africa is that the business groups they form are equivalent to corporations, with proper support and planning.

We have cooperatives, but they don't function the way the Lebanese and Indians in Africa do theirs. Most people in our cooperatives are typically there for emergency loans or crisis support. They don't see them as an active business organization that is responsible for their regular income.

An Indian friend I grew up with was one of the richest people I knew, but was also one of the most frugal. Any fancy car he was driving was usually one that he imported for sale. He was the one who wanted me to buy houses in Calabar almost 30 years ago at 100k Naira each, but I didn't see the value then. He bought several and housed his staff there.

He was always "switched on" and in moneymaking mode, and we did some interesting deals together while he still had his factories selling regular cheese balls and biscuits. That regular income from those factories was sacrosanct. Those were his core products; the side deals were for extra income.

For me, those side deals were my main source of income until my cousin, Lateef Belo-Osagie, made me see the folly of consulting and tech deals. He told me to go and get a job. I struggled with this until I took the course at HBS with @JosephBFuller, who gave us the truth about consulting and services. It was a zero equity game.

Find products to build and sell daily, or join a corporation or group that does. The lawyer guy who kept his 9-5 in the tweet I quoted earlier is very smart because a constant income source lets you plan better. The best business people I know sell something almost every hour. Sometimes, every minute.

If you don't have more income coming in than outgoing expenses, you are definitely going to end up in financial trouble. If you are in a group that does business together, you should all aim to generate regular income by selling products consistently.

Before we were chased away from the POS agent business by those with more resources, my dashboard showing regular income from those transactions used to give me more joy than anything else. These days, it is Stripe. Each sale gives me joy.

[Festus @festustomiwa]

@slimvnsn @TheEmmaIbekwe This is beautifully crafted! BTW, who knows how I can order flood? Make I find person to dey call bro too

[Festus @festustomiwa]

@asemota Big Chief, I thought I was the only one noticing this even in replies to tweets 😂 What a time to live in

[NIGERIA'S LIFELINE — HHI💉 @Haima_Health_]

Fancy saving lives with the Bikers Community?!! 🏍️🏁
We’ve got lifesaving plans for you this weekend!!

If giving is in your blood, then come join us for a special edition Blood Drive in Abuja! 💪🏽

Tag and bring your squad!

#haimahealth #bikergram #givebloodsavelives #bikergang

[BBM @BBMOfficial2]

Also, based on the NTA, there’s now penalty for non compliance. 100k in the first month and 50k for subsequent months of default.

If your employer has been paying and filing your form H1, it is pretty easy. But if you do freelancing or run personal gigs, you may have to compute your tax based on your payslip or offer letter and remit to the government.

This is not only limited to Lagos resident. Applies to all.

Ignorance is not an excuse.

DM or comment below if you need guidance

[The Sales Bull 🎯 Follow if you sell B2C or B2B @TheSalesBull1]

The best salespeople on earth don't care if you buy

If they close they close

[Festus @festustomiwa]

True wealth building begins from within you. Making millions is not a problem, believing you can is the real problem.

Do you believe you can?

[Festus @festustomiwa]

Shall we????

[Festus @festustomiwa]

@nimiadeyemo_ Since your name is Nimi, take Nicholas like that 😂

[Festus @festustomiwa]

"God choosing Pope Leo XIV made me realize He’s still in the business of divine selections… so maybe He chose you for me too. Text me when you see this - and tell your mama I said hi."

[Festus @festustomiwa]

@Wuraolagoke Keep on blazing the trail our stellar host 😎🔥

[Wúràolágòkè |Your Stellar Host🎙️| @Wuraolagoke]

Exactly 7 yrs ago, I was a fresher in Room 32, Faculty of Arts, UI. Today, I return, as a speaker at ACLAS 2025 Orientation to speak on a theme close to my heart: “The Power of Showing Up.” Honoured to speak alongside my project supervisor & Diamond FM’s station manager!

[LOBAR ™️👨‍💻 ~ Product Designer @ay_plenty]

Small compensation for locking in on linkedin in April 🚀. This came after 60pitche, and it cost me nothing but early mornings, connecting with founders and recruiters in the region I want to work in. Sadly, we didn't proceed. But am I stopping? Hell No!
GM🚀🎊

[Festus @festustomiwa]

@TimothyOyalakun @honestfc1 Haaaaaa, God abeg o 😂 You no see say dem write 'celebrity'? 😂

[Badru Idris Oriyomi @HighchiefBIO]

This reminds me of what happened in 2022 during 8 months of ASUU strike. Armed Robbers came to our house that night and all our items were stolen. They stole my laptop and my phone while my lil brother’s phone, money and ATM card were stolen as well.

The following day, my big brother called my lil brother to go and get a new phone, in his word “Go to a phone store and get any new phone of your choice”. My lil brother got there and called me, “which phone should I buy” and I told him to get iPhone 11 Pro Max. He called our big brother and told him the price, our Egbon made the payment.

I on the other hand, I told our big brother that I needed to get a new phone and laptop the same week but my Egbon turned me down. After two weeks of back and forth, our bro called me and said, go to a phone shop and ask for phone that’s not more than #70k. I told him what about my laptop and he said laptop can wait. At this point I was destabilized. Nevertheless, I went to get an iPhone 6s 64GB because there’s a budget constraint.

I told our mum about the whole incident immediately I got home and our mama said “is he your dad?, he’s your brother for crying out loud, you’re privileged to even have someone like him, and whatever he does to you, he has his reasons”. I began to look at the situation critically after my conversation with our mum. I asked myself, why would he give me a budget and did not give my brother, does he hate me, am I the problem etc.

I searched internally and I found out the following:

1. My lil brother has more economic value than I do because he works closely with our big brother. My lil brother can’t go a day without a phone because of the day to day running of the business while I can go months without a phone and nothing will affect the business. In all honesty, my lil brother contributes to the growth of the business and is more productive than I do.

2. We were not in a session because of ASUU strike so there’s no need for laptop or gadget. All I was doing was to eat, play games, surf internet etc.

After I carefully analyzed the situation, I realized that our big brother’s action was reasonable and justified. What do I do to correct this anomaly, so I asked myself. I took the blame because I put myself in that situation. If I had been contributing my own quota to the business and all, his actions would have been different. At this point, I told myself to be more useful and productive henceforth. I told my big brother the following day that I will be following him to work anytime we are on holidays and I will start tomorrow. He was like “Alakowe ni wo(student) and we are businessmen, what do you think you can do to help the business”. I responded, I will manage your warehouse and he said no problem.

I used all the period of strike to work closely with both my Big brother and lil brother in order to know how business activities are being carried out. Throughout my 7 months with them, I gained practical experience, valuable skills, customer relations, and I improved their modus operandi by putting in place organizational structures that can make their business to thrive. Someone that gave me a budget of 70k seven months ago later gave me over #1M When I was going back to school and that was the first time a million enter my account. The same person has been single-handedly sponsoring my undergraduate and postgraduate studies including professional qualifications. Imagine if I had vexed for him, call him out, or swear for him just because he did what he thought was the best, I wouldn’t be where I am right now.

Moral of this epistle

No matter how people treat you, regardless of what gestures shown to you, or your encounter with people, please do a self reflection, internalize and analyze your actions first. We are quick to say “that lecturer gives E but when you score an A, you won’t say that lecturer gives me A”. We tend to ascribe our failure, maltreatment, misfortune to external factors while neglecting the

[SB @seyedele]

Executives,

Do you give your EA direct access to your email, or do you have to remember to copy or forward stuff to them so they can keep up?

What’s your hack?