Building a n16 b business

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How to Build a $100million Business in Nigeria Today.

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Building a n16 b business

  1. 1. Building a N16B business from Scratch in Nigeria Today (Or Maybe a N160B Business?!) --Olumide Olusanya, Dr.
  2. 2. What image comes to your mind?
  3. 3. What image comes to your mind? Being an entrepreneur is like eating glass and staring into the abyss of death--Elon Musk (PayPal, Tesla, SpaceX) Being an entrepreneur is like throwing yourself off a cliff and assembling an airplane on the way down—Reid Hoffman (PayPal, LinkedIn)
  4. 4. Two Part Presentation Part1: • What is Entrepreneurism? • Is there a process for it? Part2: • Can one still build N16B businesses in Nigeria today, within 10-year span?
  5. 5. Who is an entrepreneur? There is a world of difference between the typical smallbusiness owner (who dreams of opening another shop) and the true entrepreneur (who dreams of changing an entire industry)—Schumpeter, Economist magazine—July 2013
  6. 6. Startups (Stages)
  7. 7. Startups (Process)
  8. 8. Startups (Metrics Graph)
  9. 9. Product Problem Execution Market Funding
  10. 10. Product Problem Execution Market Funding
  11. 11. Maslow’s Hierarchy of Needs
  12. 12. Porters 5 Forces
  13. 13. What Can You See? What you see is what you get!
  14. 14. How About $1 BILLION? I have observed something else under the sun. The fastest runner doesn't always win the race, and the strongest warrior doesn't always win the battle. The wise sometimes go hungry, and the skillful are not necessarily wealthy. And those who are educated don't always lead successful lives. It is all decided by chance, by being in the right place at the right time. --ECCLESIASTES NINE: ELEVEN

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