Startup valuation matters to your startup as it determines the proportion in which the shares of the company will be shared either among founders and to investors as they invest in your company Typical Freshly-Minted startups In the United States, most startups are incorporated as Delaware-C corporations and valued at $100 upon registration with 10…
Bootstrapping your business is one route to business success that gets very little attention and is hardly tallked about. This is not minding the fact that several very successful companies that exist today started as bootstrapped entities. Bootstrapping To pursue success with limited resources and with the help of others. Bob Reiss -Bootstrapping 1010 This…
It’s 9am in this part of the world and there is no power, in fact in the past three days there has only been power for less than 20hrs! This post considers a typical company looking to invest in Nigeria’s power sector. Case study Company: Business Hub One Inc.(BHO Inc.)Country: NigeriaSector: Energy (Renewable) BHO Inc….
Today, I am sitting in one of the highest citadels of learning in Nigeria and I feel like answering this question that holds the key to the growth of Nigeria Starting a business in Nigeria A business in Nigeria is just like a business everywhere with a bit more difficult policy, power, economic, transportation, and…
Business is a game of trade-offs! Opportunity costs and trade-offs are an integral part of the process of making sound business decisions. From having an idea of building a business with a solid business model, strong customer base and tons of money in revenue. There is one thing an entrepreneur or business manager will inevitably…
Business idea validation remains the first step to starting a successful venture! You might have heard that having an idea is not the best thing that can happen to a startup it’s the execution of the idea that’s paramount. In other climes, Some may have said “Idea is King” and you do believe it or…
“Your brand is what other people say about you when you’re not in the room” -Jeff Bezos A single colour out of place in your brand identity elements could mean the difference between gaining generational customer loyalty and not having a full sale cycle. Which one of these would you buy? You might say the…
This is the 21st Century and being the first to the market is almost no advantage. The market responds to who knows how to play best. There are several sectors and niches in the market and it might be daunting to find the perfect playbook to enter the market. However, by considering several case studies…
The GDP of a nation has a correlation to the size and growth of the startups that exist within its ecosystem. Startups help countries significantly improve their GDP by providing new growth opportunities. Countries with stronger GDPs help their startups find traction fast by providing enabling environments. GDP in this article is regarded as GDP per capita…
Small businesses and Startups are different and it’s not an apples and oranges affair. This post looks into the differences between startups and small businesses. Startups and small businesses cannot be run the same way. It would help prospective founders determine the legal frameworks to set up their business. It explains venture capital- why it…
