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Email: jennychisomblog@gmail.com

FINANCE, POWER AND ECONOMIC INSTABILITY, TOP CHALLENGES FACING SMES IN NIGERIA

Online shopping community, Kaymu, has narrowed the top three challenges facing small and medium scale enterprises (SMEs) in Nigeria down to insufficient access to finance, unstable power supply and economic instability.
Kaymu obtained this data from a survey carried out at on entrepreneurs at the recently concluded Entrepreneurs Club which had over 200 entrepreneurs in
attendance. "In order to seek ways to improve the efficiency of SMEs, we discovered from entrepreneurs in our network and across Nigeria, some of the major challenges they face. Ranking at the top of the list was lack of finance and financial planning, stated Sefik Bagdadioglu, Managing Director Kaymu.

According to Bagdadioglu, online marketplaces like Kaymu seek to empower entrepreneurs financially and this necessitates adequate education to help these SMEs manage their revenue. "Many entrepreneurs go into business without adequate knowledge on how to access and manage finance and seminars like the Entrepreneurs…

Buying a Pre-owned laptop is Smart: Visit Jiji.ng

Dear CEO,
Buying a pre-owned laptop is the best solution if you want to get the best device at the lowest cost. All you need is just to choose the best classifieds to be sure you’ll find what you want. We’ll suggest Jiji.ng. It is a well-developed and well-structured Nigerian classifieds website, offering everyone the opportunity to post and seek adverts for free. Here you can find an impressive assortment of pre-owned items, starting from accessories and ending up with cars and real estate.
To find a laptop, open Computers and Laptops. You will be redirected to another page with a long list of devices available on the website.  Make the searching process easier.

New Central Bank of Nigeria rule to spur online market activity 

In a bid to fast-track the transition of Nigeria's cash-based economy to an online payments system, the Central Bank of Nigeria has issued a directive which places existing withdrawal limits on Automatic Teller Machines (ATMs) and foreign transactions on all existing debit cards.
This is coming nine months after the country's apex bank was notified of a possible eviction from the J.P Morgan Government Bond Index – Emerging Markets indices. The order, according to the host financial institution will be effected at the end of September on the grounds of 'lack of liquidity and transparency in the nation's foreign exchange market'. Based on the new arrangement, all cash transactions will be restructured to stay within a daily maximum of N150,000 while ATM collections are capped at N60,000 per day.

Hollywood Inspired Ebuka Anichebe: A Master Idea Entrepreneur

Ebuka Anichebe is my Client turned personal Coach, from whom I have learnt a lot. My company handled his first published book "Make Your Life A Block Buster", which by the way is a Must-Read. He spearheaded an Ad campaign in 2011 or so that says "Why Go to Work Naked", which was a big deal and he has evolved to a most sought after coach in every sense. I can go on and on but will allow you to find out why I celebrate him.
Enjoy our chat:

Tell us about yourself and your business?
I am an entrepreneur at heart and from an early age I've always been interested in the world of business since both my parents were successful entrepreneurs and I watched my dad start several businesses. 
However knowing my unique personality, I understand that by nature, I get easily bored with routine, which by the way I've discovered is common with most Geminis, so I decided to start a business consultancy firm. This allows me to be able to explore several interests, bring transferab…

Linda Ikeji Tweets #LikeAWoman with Access Bank

How does it feel to be the biggest brand in your field of business? Linda Ikeji will be answering this and more during the Twitter chat tomorrow with Access Bank.

Follow Linda @lindaikeji
Follow Access Bank @myaccessbank
Official Hashtag #LikeAWoman
We can all learn a thing or two from the Brand, Linda Ikeji of Nigeria!

Details, see eflyer above

Why Digital Business is the new African entrepreneurship grail?

Thanks to the rise of new technologies, several projects and employments are created gradually in the digital sector. In spite of the weak internet penetration rate in Africa, initiatives are always taken, with lots of success but also with crowned of failures. 
In less of a decade, new concepts of enterprises have been successfully implemented in Africa. Several firms involving in revolutionary solutions have been created on domains such as e-commerce; food services; clothe services; high-tech devices; health; finance and use of plastic money; delivery services; etc. Every segment is explored and everyone finds the best way of structuring his/her service or product in the order to be better digitized.

Fit Fab & Alive Wellness Coach, Aruoriwo Enifome Akinyoyenu Unveils the Erumu Creations Brand

Dear CEO,
You need to meet Iwo, someone I want you to pay attention to her story, majorly because her business shows the infinite opportunities Social media provides and why we must stay fit. 
Leggo!

Erumu Creations is a Wellness Company. We provide practical solutions for optimum results in Beauty, Health and Lifestyle. Our services include skin care consultation, makeup services, fitness, nutrition, fat flush (popularly known as weight loss), corporate wellness, seminars and trainings.


I am launching a program called FitFabPreggy this September. Our sister program FatFlushChallenge will run simultaneously. Both programs employ the use of social media – BBM, WhatsApp & Facebook.

For now as the Chief Errand Officer, the bulk of work is done by me. However, I have resource personnel that work with me on part time basis based on the projects at hand. Also putting a structure in place that will enable us train and retrain potential staffs and others who want to acquire skills in our line …

Jovago, AIG, to host Tomi Davies at Startup Grind Lagos

Africa's largest hotel booking portal, Jovago.com is set to host this month's edition of the business forum, Startup Grind on Saturday, the 19th of September, 2015.


This event which will bring together disruptive thinkers across the nation's socio-economic ecosystem in a bid to actively educate, connect and inspire entrepreneurs will feature an interactive session with renowned ICT expert and angel investor, Tomi Davies.


As part of the company's social responsibility initiative, Jovago and its sister companies under the Africa Internet Group (AIG) will provide consistent support to the venture as a means to effectively groom the next generation of business leaders.

African Female Entrepreneurs Get GTBank SME MarketHub Boost

Multiple Award winning, internet savvy GTBank has partnered with She Leads Africa 2015 Entrepreneur Showcase through its SME MarketHub. This is to empower female entrepreneurs in Africa, Business Day is reporting.

20 countries were involved as applications came from over 400 businesses owned by female entrepreneurs from those countries. GTBank sponsored the initiative geared towards shining a spotlight on women who are driving Africa’s growth through leadership, commerce and innovation by providing a veritable platform for young female entrepreneurs to grow their businesses across Africa and compete for US$10,000 in cash prizes, direct access to investors and international media exposure. Six finalists emerged and the story is even more interesting. Read the FULL GIST HERE

CEOs and Entrepreneurs Are Back To School: Find Out Why You Should Too

Yay! This is September and since Monday, Kids have resumed or started school. 


The Director of Yale School of Management USA, Kyle Jensen, explains that some entrepreneurs also went back to school after starting their business. The reasons they went back to school, according to Entrepreneur.comincludes that "Returning to school,  can not only contribute to entrepreneurs’ understanding of their particular business, but also to the craft of entrepreneurship. “They come back to school with all the dots and our job is to connect those dots with theory,” he says. The entrepreneur leaves the classroom with a better ability to generalize past their own experience and they gain valuable insights they can then use to grow their business and boost their potential.
More reasons why we may all need that extra degree, is HERE
Did you start a new programme to boost your business? Do let us know by sending in an email to jennychisomblog@gmail.com, sharing with us why.
*Toast to you!

A pre-owned laptop: why, where and how to buy - Jiji.ng

Why it is okay to buy a pre-owned laptop? Because pre-owned doesn’t mean old or broken anymore. Pre-owned is more like last seasonedition. Thus, you’ll get a laptop in a good keep at low price. The best place to look for such devices is classifieds. Jiji.ng is a free online service, which is becoming more and more popular with time. This is the answer for where. And how is also quite simple.
Jiji offers a wide range of services and items. There are more than ten categories representing different stuff: Fashion and Beauty, Babies and Kids, Pets, Home and Garden, Electronics, Vehicles etc.  You should check out Computers and Laptops – the one that has gathered all adverts about pre-owned laptops.

President Buhari Speaking With CEOs in France Today: Photos Speak

President Buhari participated at the High Level Business Breakfast Session with French and Nigerian CEOs in France Today.
In attendance were reported to include Tony Elumelu of UBA, Wale Tinubu of Oando, Governor Ibikunle Amosun of Ogun state, Governor Abdulaziz Yari Abubakar of Zamfara state, Governor Abubakar Badaru of Jigawa at MEDEF Headquarters in Paris today 15th Sept 2015.

You see that CEOs define the economy and are consulted at important diplomatic outings first! Do you see a boost for our economy soon? I do. (Laughs)
Toast to you!

How To Start A Small Business: Jenny Chisom On Twitter - Transcript

Dear CEO,    You remember I told you about my Twitter Business conference on the Gen Live Cast platform HERE, here are all the tweets that I shared. I thought I should share with you.
    Read on...
It’s Happy Thursday to you all from my corner in Abuja, Nigeria where I am tweeting from. Thanks for joining us. #GenLiveChat @GenLiveChat
2.Do follow us via the hashtag #GenLiveChat and @genlivechat as I bring how-to-start-a-small-business kit. #GenLiveChat @GenLiveChat
3.My name is Jenny Chisom, and I started a small business from my passion in 2009, registered it with the CAC in 2010. #GenLiveChat @GenLiveChat

4.I think we will have a great time in few minutes because I will also be sharing my zero naira start up business model. #GenLiveChat @GenLiveChat
5.That business is the reason you met my twitter handle and think I may make sense. 
6.Starting a business is not easy but it is also not rocket science. Demystify it by following your passion. #GenLiveChat @GenLiveChat

Douglas Izie-Enogieru: Making Award Winning African Movies From Liberia To Nigeria

Douglas Izie-Enogieru is my Name. I am a Film-maker. I write and produce as well as direct. I'm the Principal Initiator; Brainchild Motion pictures. A platform that Identifies, and nurtures creative elements into more relevant creative Artesians. We are generally a Film Production company with special interest in telling African stories the African way.
There are a number of projects currently going on with us here at Brainchild Motion pictures. Before I name a few, Let me seize this opportunity to Introduce our very last Short Film ZYRA" written and Directed by Douglas Izie-Enogieru Of Brainchild Motion Pictures and Produced by Iyen Agbonifo-Obaseki, National President Creative and Designers Guild Of Nigeria. The Film deals with issues relating to Goodwill, Breast Cancer and Education of Children. 
We are currently writing a short Interrogation Film Screenplay for Award Winning Filmmaker Nuhu Dalyop of D'Lyrics Films". Also we are working on our First Experimental S…

Kingsley Obinna Obijiaku and the Twizzle Frisky Apparel Brand Revolution

You gotta meet this Fabric designer who ditched his Civil Engineering career and is now clothing people in a customised way! 
Meet Obijiaku Obinna Kingsley.  Read his thoughts...
I'm a Civil engineering graduate. I practised for a year, but didn't like the career, so I decided to follow my dream. To key into my major strengths, skills set which is Ideas Conceptualization, marketing & business management. So in a nut shell, I am an entrepreneur, and a writer (article writing and song writing too). I love the word of God and I share it!
The brand 'Twizzle Frisky Apparel' is working on her first year end collection... We'll be centred on a popular phrase we coined from the scriptures which is 'Honour Thy Father'. So most of the clothings in this collection would have this unique inscriptions. We'll be presenting it in an aesthetic fashion coupled with a mix of graphics -body fitted with comfortable fabrics to suit the weather conditions for the men (harm…

FROM TEARY NIGHTS TO RUBBING SHOULDERS WITH PRESIDENT OBAMA: Chioma Agha

This is the story of successful entrepreneur Dr. Chioma Agha, CEO of Swish Ideas. Chioma shared her journey as an entrepreneur at the maiden edition of the Kaymu’s quarterly event tagged Entrepreneurs’ Club which held last week, regaling how she rose from starting her business from home to meeting President Barack Obama.

Like every new business owner she went from using her house as a warehouse, piling every available space with souvenirs for her store Swish Ideas.
“There were the nights I’d cry and think of calling everything quits. But of course no one knew that. No one fully knows the challenges entrepreneurs face except fellow entrepreneurs. But I kept at my business bearing in mind my dream for my company. I was hungry to succeed and took advantage of every opportunity out there including e-commerce. I started from selling on Kaymu to owning my own online platform.

Julius Osimen: A Leadership Coach and Speaker Creating Evolving Paradigms

Dear CEO,
I met this vibrant young man when he visited Abuja 2 weeks ago and trust me about his passion to see a transformed Nigeria. I hooked up with him afterwards to learn more about his work.
Enjoy our chat:
Tell us about yourself and your business?
I am Julius OSIMEN, Nigeria's foremost ACTivational Speaker and LeaderSHiFT consultant. I started off as a brand analyst for individuals and small scale enterprises, a job I loved and always excited working at it until I discovered a niche and I decided to work at it in 2009. A brand that is now known as LeaderSHiFT Africa.
LeaderSHifT Africa is an intervention firm poised at raising new breeds of responsible leaders in all sphere of life.
What are you working on now? We are currently working on the First and Largest 'Followership' Conference tagged "The Protege" and this conference would be staged in 3major Cities in Nigeria this November. Partners are welcomed.
How can you describe your organisational culture/style of …

Jecinta Keshy On Her Passion For Abuja; Introduces Her Fashion line and Trade Fair

Tell us about yourself and your business?
My name is Jecinta Keshy, I am the CEO of www.abujaeventsandplaces.com.


What are you working on now?  My team and I are currently working on our website- with a focus on expanding our reach and "readership".


How can you describe your organisational culture/style of business? We are poised to inform, educate and enlighten Abuja people and the world about the events, businesses and happenings in and around Abuja. By daily posting event information in Abuja, we are poised to make our site a one stop shop for Event information and businesses in Abuja .


What have been your biggest achievement as a business brand since inception? This blog started from a Facebook group EventsAbuja (we still kept the name) and posted events there regularly- the highlight of all this was when I got an inbox message on Facebook from a diplomat who had just resumed at the American embassy and his message read in part ".....I was advised by my colleague who se…

Peter Nwabuoku of HustleNaija Speaks on His Brand and Other Interests

Tell us about yourself and your business?


My name is Peter Chukwunonso Nwabuoku, born in the late 80's and a business management graduate from Igbinedion University, Okada, Edo State, Nigeria.
I'm a fun loving young man, an Employability enthusiast with love for Branding, Marketing Communications, Advertising, and music.

I'm an online brand marketing communications strategist and founder, of HustleNaija which was initially and still is a humanitarian service initiative I started to empower graduates by enlightening them in the necessary employability skills they need to get employed and stay employed.
However, HustleNaija has grown since then into a business that also proffers profitable online presence management consultancy services that deal with general Online Brand Marketing Communications such as Advertising, PR and general Online Media solutions with a few number of SMEs as clients.




What are you working on now?

I'm working on loads of mini projects I really…

Nollywood Film Maker, Chuks Anyaduba of TOG Media: On Content and Piracy in Nigeria

Very few film makers get my attention in Nollywood, one of those who do is Chuks Anyaduba of TOG Media. Chatting with him brought to fore a lot concerning his personality and his business of passion - Film making, a departure from his legal training.

I asked him about himself and his business, he answered "Chuks Anyaduba is my name. I am a Law graduate who found passion in film making. As an actor, I've been in several movies; Tinsel, Emerald, Jenifa's Diary, Behind the Smile, Sequence (Africa magic), Protégé (Africa Magic), Anita (Africa Magic), My family My reality, Side effects (TOG Media), Matchmaker (TOG Media) and others. I have produced 2 movies; The Matchmaker and Side Effects, currently planning the 3rd job. I believe in living a purpose driven life, a life where passion is play.


I am currently working on an awareness campaign on prostate cancer which is tagged #standupfordads. It's a wake-up call for men of 40yrs and above to go for early test for chances of…