Business
Media Mogul says Nigerian Entrepreneurs Must Take Risks
Have you ever second guessed your decision to quit banking?
No. I have never regretted my decision to pursue entrepreneurship. Obviously there are benefits to paid employment, the certainty of monthly salary, the safety of having a regular job against the uncertainty of going out to hunt for clients. But remember that company called ‘Whatsapp’, that Facebook bought for 19 billion Dollars; think about it. If those young men had stayed back in their employment how would they have broken grounds with all these new businesses. You must be emboldened to step out of your comfort zone to go and do something that is bigger than you.
What is your motivation?
I am motivated by creativity, excellence. What challenges me is ability to create anything in our own environment that can be compared with any other product or service from anywhere in the world. Ability to create world-class solutions; and I believe that is the level every entrepreneur should be aspiring because there is no longer a Nigerian standard, we must always strive for world-class quality.
What would be your advice to aspiring entrepreneurs?
Aspiring entrepreneurs must prepare their minds never to be afraid of failure. It is more important they have ability to overcome failure. Two, no matter how big a business is, they all started small. So, don’t be afraid of small beginnings. Then follow your dream and passion. Every entrepreneur I have encountered, and hosted on the Fidelity SME Forum has always been driven by passion and not money. Money was secondary; the primary motive was a passion for excellence in doing something they love.
Copyright Sun News Online 2014
