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Successful Entrepreneur / Femi Otedola Biography And Net Worth by Ikoiikenna: on Wed 18 at 04:49pm
Femi Otedola is one of the names that rings a huge bell in the ears of many people when mentioned in the society today and getting to this level of fame and wealth took nothing less than a lot of hard work, dedication, commitment, sleepless night and a true spirit of entrepreneurship.
Entering the oil business when everything was still booming was to be seen at the time as a normal trend but he went on to change the face of oil importation, exportation and marketing and for this single reason, surpassed all the other people that he had even met in the business as at the time of his arrival.

Today, none of the people that started out with this oil magnate in the same business can claim to be half the man he is now.
Born in the year 1962, Femi Otedola was welcomed into the family of (Late) Sir Michael Otedola (who happens to be a former governor of the Lagos state) and he, unlike many, failed to rely on the affluence and influence of his father, seeking to carve out a name for himself.

READ ALSO: Gabriel Igbinedion Biography And Net Worth

Femi Otedola first saw opportunity to work in a printing press belonging to his family and this was the source of his daily bread till he saw the opportunities that abound in the oil industry, prompting him to make a swift move from the press into oil. Although many people thought how he then with practically no experience in the field, was going to make it but he never let what others thought of him bring him down in any way.

Working hard to get known and raise some money, Otedola finally made his first significant breakthrough when he got enough funds to finally launch and start up his own company, Zenon Petroleum and Gas Ltd, in the year 2003. Through his dedication and commitment to the job, in under two years, he was already a name to be reckoned with in the business. By the year 2005, other big companies such as MTN, Unilever, Nestle, Guinness and even the Dangote group had started to source the services of Zenon for their diesel needs.

READ ALSO: Orji Uzor Kalu Biography And Networth

In the year 2015, Otedola sought to rebrand the business and expand its scope, prompting him to change its name to Forte Oil after which he sold a sizeable amount of its shares and assets to Mercuria Energy Group, a move which not only fetched the business some $200 million but also opened the doors to a bigger and better international market to sell for.

Otedola has always shown his ability to carefully study the market and wait for when best to strike, and this single leadership and management skill has fuelled him up to where he is today.

Happily married with four children (three daughters and one son), the business mogul and seasoned entrepreneur is worth an estimated $2.5 billion and is the richest man in Nigeria only behind Aliko Dangote and Mike Adenuga of Glo.

Foods / How To Start A Catering Business In Nigeria by Ikoiikenna: on Wed 18 at 05:11am
Arguably, catering service is now a trend and virtually a lucrative business in Nigeria which every household cum full time housewife are diverting their attention to. It doesn't matter for a caterer to be a superstar cook before making waves on catering business. When you can employ the service of local cooks to do the finishing for you.

Are you so versed and skillful in cooking differents genres of meal? Does your art in kitchen is greatly beyond cooking? Can you cook a palatable meal for the consumption of thousands people without any complain? Oh! you can command flour easily when it comes to baking, right? Good, Why don't you seize this golden opportunity and change idleness into business.

If you are optimistic and that passionate to venture into catering, then it's very imperative you understand some key and major elements which your are required to have in your possesion now before you would be recognized and celebrate as a unique caterer. The information and requirements needed are as follows:

ITEMIZE YOUR PLAN
To begin a catering business, very crucial it is for you to itemize your plan, decide if your catering business will be indoor or outdoor services. This is very necessary because a business without a specific niche is prone to be problematic in the nearest posterity but if you decide and itemize your plan very well on which to go for, then your business will be treated as such.

For instance, define your catering niche if it is going to concentrate on wedding service, birthday party, or rendering services to school and colleges hostel. Itemize your plan whether to serve restaurant,carteen or fast food, Or if you are to provide your service to anyone that is in needs of your sweet and fantastic delicacies it is up to you. READ Also: Step-by- Step Guide: How To Write A Business Plan

SKILL ACQUISITION AND CERTIFICATES
“If you don't know it, go for it". If you are not that good in all facet of food preparation, there is no harm in going for the skill acquisition. Having itemize and decide on which niche to go for, it is expected of you to go for weeks or months training, regardless of how special, good and skillful you are in the kitchen. Why? Because you need to acquire a certificate as a qualified caterer in the world of catering services.

Not limited to certificate only, you will need license and business permit from Food and drug regulatory body known as NAFDAC, this body are shouldered with the responsibility to overseeing any business pertaining to food and drug, they asses and test how qualified you are on these particular fields, the materials you are going to use and the location or environment you are going to make use of.

NAME
For your catering service to move and soar you high, you need to have a solid and unique brand or business name to rise with. This will be the only avenue your potential and seasonal customers will distinguish you from other catering service and also, refer to you more client who will need your service. So, if probably your business name reach the premium brand, everybody will be longed to taste your tomatoes and onions. This is the magnificent power of name in business world. But if the reverse is the case, your catering business won't thrive well, I guess! Read Also: How To Register A Business Name In Nigeria

PLAN YOUR MENU LIST
Don't forget to plan your menu list very well for it is the CV your customers will request for before giving you the work. Let it be adequately plan with affordable prices so as not to send your prospect away. Ensure conformity and be curtained that all the delicacies you will be specialized on are contained therein.

Don't forget that an ideal menu list is usually portable and affordable with food items which can be easily locate in the market square. If you deal with vegetable for the vegetarian, let it be categorically stated on the list with the fixed price.

SET UP A KITCHEN
As a caterer who will be cooking in a larger quantity, your kitchen site must be wide and large, very distinct from those one in our houses. Reasonss, because the materials (kitchen utensils) to be used are all bigger than the one used in a normal settings.

Read Also: How To Start A Restaurant Business In Nigeria

MATERIALS (UTENSILS).

Since your business is to cook, serve, bake- if need be -and make money, then, you are expected to have and maintain the following kitchen utensils;

-Gas/electronic/Charcoal cooker (Different sizes)
-pots of different sizes
-spoons of different size
-Serving plate
-Knifes
-storage containers
-Turning sticks
-Cooling van etc.

Read Also: 3 Burners Table Top Cooker With Mini Oven And Grill

STAFF
catering service is seen not to be business of an individual, agreed! As such, you will need to invite the local cook to helping you out in some aspect of which cooking, serving the guest, washing plate and others are really involved.

Lastly, be enlighten that you can start this catering business without any amount on you and succeed at the later end. Is that possible? Did you just ask me that? Oh yes, very possible. You will only start with the first payment given by your customer. In conjunction with the above steps in setting an ideal catering service, and you shall have a safe trip in your first assignment. Interesting, right?

Remember it's not just about starting, you need proper management. Join this forum we will keep you updated. Meanwhile, Read Also: 3 Keys To Keep Your Business Running

Business Advice/Tips / 3 Best Ways To Sell Without Being Pushy by Ikoiikenna: on Tue 17 at 06:20pm
The biggest fear every entrepreneur face when selling is being as pushy. No one wants to be told that they are like one of those annoying salespersons. I believe you have an idea of what I'm talking about; you know, those kind of salespersons who at more concerned about you patronizing their product or service and care less what you actually need.

No one likes to deal with such individuals I can tell you, and whatever you're selling, the thought of appearing as such person scares you. The thing is, selling is hard. I mean real hard work.

So in order not to be seen as pushy, you have to find the right balance between making your point known and not pushing your potential customer back to the wall.

I'm going to show you some of the best ways to sell and the skills to employ to get sales. So below are list of powerful methods to sell and enhance your sales process. Check them out.

Reduce The Pressure (Don't be in a Hurry)
Read carefully, this is the most important part of the list. So you want to build a successful business, to get this done, you need customers right? And not only that, there's this high chance of your business being your primary source of income. With this on ground, it can easily put you on a whole lot of pressure to get potential customers to patronize you. It can also make you go straight to your sales rather than taking the time to get familiar with your potential customer.
More so, it's crucial to know that been under pressure can cause you to become a pushy and annoying salesperson, and this can make you lose your prospect. Keep in mind, that it's more beneficial to manoeuvre your sales process with a prospect which will then ensure that you close the sales at just the right time.

READ ALSO: How To Make A Million In Your Small Business

2. Don't Rush Your Sales (Take Your Time)
The best way to sell and not appear pushy, it's to take your sweet time. The biggest mistake you can make is to rush straight to your sales pitch soon as you're with a prospect. Don't come off as someone who's desperate to sell, it's a big turn-off. Rather, try to get to know your prospect and make he/she feels comfortable to talk to you.

3. Listen To Your Prospect (Know Their Needs)
This is another very important tip to follow. Try to listen to your prospect, give them the opportunity to tell you what they want and need. This will make your sales process a whole lot easier and better. By so doing, there will be no way you will appear pushy.
Encourage your prospect to do the talking, it help you to understand them more and it gives you the chance to win more sales.

How Do You Get Your Prospect To Talk?
The best way is to ask them simple open-minded questions, find out what their problems are and find ways to solve them. You want to be seen as a partner, not just a individual trying to sell them something they probably don't need.

When you imbibe this in your sales techniques, prospect will feel the need to open up to you. When they feel comfortable talking to you, you have earn their trust and the more comfortable they are, the better chances you have of earning their patronage.
This method might take more time to perfect, but guarantee it will be very effective in the long run.

READ ALSO: How To Keep Customers Happy And Loyal Forever

Beauty Care / How To Start A Lucrative Spa Business by Ikoiikenna: on Tue 17 at 01:34pm
There is a boom in the beauty industry and if you know you have the ability to make someone feel or look like a million bucks, then owning a beauty spa saloon is the right business for you.
Spa saloon offers a wide variety of beauty and therapeutic services such as , manicure, pedicure, massages and baths, facials, waxing, etc. If you are able to offer and provide these services in a clean and conducive environment couple with a superb customer care service, you are sure to have a repeat clientele on a regular basis.

CAPITAL
Spa saloon is a business that requires huge startup capital. You will need to have a reasonable startup cost for very important necessities such as p, your training, rental agreement , marketing, furniture, business license and permits, insurance, equipment, staff and other logistics.
Start-up cost for your spa resorts may amount to #5million Naira which is about $15,000 in dollars.
Most new business can only qualify for business loans if they have a detailed business plan so that investors can see the prospective income of the business in clear terms.

BUSINESS PLAN
Writing a business plan for your spa business will no doubt increase your chances of getting funds for your business. So ensure that you draft or develop a clearly defined business plan that will identify crucial areas of the business. Like, your capital, target audiences, competitions, potential income, challenges, short-term goals and long-term goals.

READ ALSO: How to Start A Cosmetic Line Business

TRAINING
First of all, you need to determine whether it will be beneficial to just simply hire experienced beauticians in different fields or go get trained by an expert before starting your spa saloon. Whatever you decide, it will be more beneficial to get trained because for one, you need the experience as a business owner and secondly, your customers might want to have a feel of your touch and you should be willing to oblige their wants and needs.

LICENSE AND PERMIT
First, choose a business name, something sweet and alluring that when people hear the name, they will want to give your spa saloon a try. For example, "sweet sensation beauty spa" or "swamsparkles spa palace" sound like the ideal name for a spa saloon.
Once you have settled on a name, apply for a beauty spa license from your city cosmetology association and a business permit from your state cooperate affairs commission office and obtain your tax ID number too. You will also need an insurance policy that will protect your business from unforeseen events like, fire, robbery, damages, and so on.

LOCATION
Location matters a lot in a business and spa business is no exception. Before opening your spa saloon, you should first consider the area to see if it will be ideal and suitable for your kind of business. Also, ensure the area where your spa saloon will be is in a upscale and secure environment with the right foot traffic. When you lease a property, make sure it have enough space to cater for your equipment, beauty rooms, supplies, and staff.

ADVERTISE YOUR SPA BUSINESS
There are so many ways you can get people to notice your spa business. Start by advertising on television, radio, print flyers and distribute at events especially at weddings, birthday parties and the other events.

READ ALSO: How to Start Weavon and Hair Extension Business

Promote your spa saloon by offering special discounts to brides-to-be , groomsmen, and bridesmaids. Ensure that your contact information and business location are accessible.

Advertise your services on social media platforms such as Twitter, Instagram, and popular wedding blogs and fashion sites. Display pictures of your equipment, products and services rendered and also customers testimonials about the wonderful pampering packages gotten from your spa.

Foods / How To Start A Frozen Food Business by ikoiikenna: on Sun 15 at 06:23pm
The world is moving at a very fast rate now and people no longer have the time for what they used to before. Now, it is hard to find the time to kill your own chicken when you are hungry or find the time to go all the way to a meat vendor when you’re hungry.
From this, people are left with a need of how to fill up this void of meat that they have and that’s where your business can come in – as a frozen food businessman.
Frozen food businesses is a great one to start and offer you a good return rate on every investment you make but first, you have to get it right and put the right factors in focus. What then are the things you need to start a great frozen food business?

1. Draw a business plan
This is the first and foremost thing to do when you are just starting out with any business. A business plan would contain things such as the factors of production, how you mean to get them, your present finances, your prospects, the mission and vision of the business and the likes. A good business plan would open the door to better loans from investors and financial institutions also because they would be able to see the ideas that you have and check their viability themselves.

2. Capital
Knowing the amount of money, you have at hand would better help you place yourself on a scale of investment so you don’t run into unnecessary snags. Consider your cash at hand and see if you would better start as a small or medium scale, and if you have enough, then large scale. Note that you would need to consider the cost of rent, purchasing the poultry products (live or already packaged ones), generator costs and fueling and weighing scales, among other things.
Frozen-foods
Add caption

3. Niche
You would have to choose the kind of food products that you want to start with. You can make a feasibility study of the area of investment to see what people buy most, chicken or turkey, and focus on that first before you delve into other parts. This would ensure maximum profits to quickly realize the capital before expansion

READ ALSO: How To Start A Profitable Cold Room Business

4. Location
The location of your business can simply be one single factor that can go on to determine a lot, even the success of the business. The location you choose would determine how much you would sell them for (some locations sell more than others), a number of customers that would patronize you and the reach your business would have.

5. Storage
A good storage service is the bedrock of your investment. Without this, you’ll be left with your products being in bad condition and this might cause a lot of infections to your customers, causing them to stay away from you. Make sure that before starting at all, not after, you have a good and strong facility that can effectively store and preserve the freshness of your product.

6. Get an alternate power source.
It could be a generator, it could be an inverter, it could be anything, but make sure you have an alternate power source. The storage facility won’t work well if there’s no power supplied to it and due to the nature of electricity in the country, you need to be able to account for all situations.

For More on Food Business Ideas Click Foods

Beauty Care / How To Start A Nail Polish Production Company by Ikoiikenna: on Sun 15 at 02:53am
Nail polish is a liquid substance used by females to beautify the nails on their hands and legs. Nail polish comes in variety of atttractive colours and some shimmer and glitters whiles other are just plain looking. As a female, your outfit is consider incomplete without the sign of colourful nails in sight.

Females usually change/adorn a different shade of nail polish like every week, this is what makes the nail polish a necessity in a woman's life. There is a very booming market both nation and world wide for the nail polish, you too can tap into this booming business and start your own nail polish production company.

Here is to show you the things/steps to take in otherto start producing your own nail polish, below are the steps to take:

Read Also: How To Start Weavon And Hair Extension Business In Nigeria

STEP ONE:
You need to first learn how the nail polish is made before starting this business, get trained and learn how to make nail polish from professionals or you can always go to youtube.com to download and watch videos to see the making of nail polish or better yet, go for a training session with a big nail polish manufacturing company outside your jurisdiction/area and get equipped.

STEP TWO:
Get your capital ready, like money to rent a good spacious property, money to purchase chemicals, registration/advertising of the business and other miscellaneous expenses.
We are looking at about #350,000naira (for large scale production) that is also about $1,150, you can start small scale though.



STEP THREE:
Here, you need to make sure that you go out and get done the registration as well as to validate your business, this will enable you manage and operate a legal entity. It is already mandatory by the government, so ensure to get the right license from the authority in charge and start your production.

STEP FOUR:
Try to get this raw materials ready for production:
*resins
*nitrocellulose
*colours
*solvents

Once you are able to get these materials, it is advisable to first work ona sample to see how good your production turns out. You can get people to test your sample like, saloon owners who offers pedicure and manicure services and cosmetic wholesalers and retailers.

STEP FIVE:
It is expected that you should know how you want to run and manage your business cost, so then you can look at your budget and be able to decide on the number of workers you need to assist you in the production process and also in your sales and marketing.

STEP SIX:
Be creative, you need to package your new product in such a way that it will so easy for customer to identify it from others out there. Come up with a unique pattern of packaging that has not been seen before and ensure that it is done neatly and in a fashionable way.

STEP SEVEN:
Immediately you are done with your production and packaging, you need to start getting words out there about your quality nail polish product. You have to be involve in a lot of marketing, for instance, you can market your nail polish to well-established saloons, small pedicure and manicure shops both in town and in the market place, cosmetic shops owners and the rest.

Also you can market your product online by opening a website where you can easily showcase colourful pic of your nail polish, hands of females rocking your nail polish, you can still offer discounts so that potential customers are moved to make purchase both online and offline and you will be raking in sales.

All in all, the key is to be consistent in your marketing strategies, that is the only way you can stay aloof and generate more sales in your business.
Please share.

Read Also : 50 Profitable Business Ideas In The Beauty Care Industry

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Marketing & Advertising / Re: 6,000 Active Nigerian Email Addresses Database List by Ikoiikenna: on Sun 15 at 02:22am
saragujay:
softwarejay19@gmail.com



Sent. Please ensure you share out this forum .thanks

Agriculture / How To Start An Onions Farming Business by Ikoiikenna: on Sat 14 at 05:22am
Have you ever, after the purchase of onions from your favourite mallam, thought of how those onions even came to be? Or have you even given much thought to the kind of income that those people get off of it? The funny thing is, we have so much associated the business of onions with our northerner friends and see it as a menial job so much that it has blinded us to the number of people that the onion business is keeping their mind, soul and body together and even helping them live choice lives.

Just go online or check the lives of those northerners well and you would be surprised at the number of them who have made it big and are living chiefly lives all because of this spice.

If you would be tempted to go into the business and follow in the path of the onion-made wealthier people, here are a few things you might want to know first.

Read Also: How To Start A Profitable Bitter Leaf Farming Business

1. Types

Onions may look alike being that leafy vegetable with a red-like scaly cover all of the time but under these layers lie a variety of differences. Basically, there are two types of onions to be considered and these are the short day and long day growing onions. One of their many differences, among others, is the difference in their periods of growth. When looking to go into the business, look for those onions that are bulb-like and are perennial too. These ones grow faster and gives a greater yield than any other

2. Cultivation
If you want to get the bestyield, grow your onions via their seeds first in a nursey then transplant them to the field later. There is no harm in growing the straight to the field but then, you might have much moreproblems with spacing than you would have had if you had gone for the nursery option. For onion plants, best spacing is usually half an inch apart and three-eight inches deep while the rows stay apart with a length of 15 inches.

3. Maintenance
At the early stage of their lives, onion seeds would require a lot of water for survival thereforeyou should be on ground with artificial irrigation if the rainfall is not forthcoming. Water the plant frequently to ensure good retention but not too much to prevent leaching and other problems. Regular weeding is important to reduce the spread of diseases and help maximise the nutrients that would be available to your plant. Natural roots builders should also be added to the onion plants regularly for better formation

4. Harvesting
Onions are exceptionally fast growing plants, especially those that we have suggested for you above. Bulb onions would usually be ready for harvest after the first three months of planting and would begin to turn yellow around this time. If you would like to make the ripening faster, you can induce it by breaking off the top of the onion.Don’t wait for your onions to start flowering before you decide that it is time to harvest.

Read Also: Top 10 Profitable Agriculture Business Ideas

Onion farming can be done at any time in the year provided there is a good plan for irrigation and there is a good flow of nutrients in the soil but it is advised to start cultivating around mid-October.

If you are not dedicated and hardworking, onion farming is not for you but if you are willing to go the whole nine yards, you’ll be smiling to the bank in no time.

Arts & Crafts / How To Start A Home Decor And Furniture Line Business by Ikoiikenna: on Sat 14 at 03:28am
f you have a flair for beautifying things, especially in your surroundings then you might want to consider going into home furnishing and decor business. It doesn't matter if you do not have the means to make the products needed for the furniture and decor business yourself, you can still market your talent and from there you get to create a name for yourself.

However, you may not be a overnight success as the case may be, it might take some time to get your bearing but once you can get started and offer quality products and services at a reasonable price, you are sure to get your own fair share of the market.
Check out the following steps to get you started.

STEP 1
Draft a business plan. First , write a business plan or get one written for you by a business consultant if you are not sure on how to write one. The business plan should be able to state clearly how you want to operate your business both now and in the future.

READ ALSO: 13 Profitable Waste To Wealth Ideas

STEP 2
Draw up a furniture and decor designs. When you have your designs handy (that's build a portfolio), it gives you more time to prepare ahead for customers . Mind you, you don't necessarily have to be the creator of the items or products before you can showcase to clients, so long as you have an understanding and the contact of the producers then it is fine.

STEP 3
Choose a name or logo for your business. Consider picking a name that is original and easy to remember, something customers can relate with. For example, say your name is Samuel, "Sam & Sam Home Furnishings" sounds nice or "Home Delight Decor and Furnishings" is also not bad. Your business name should be able to tell what you are into, so try to keep it simple and original.

STEP 4
Obtain a business license. If you plan on selling and rendering your service directly to consumers, then you may need to register for a business license in your city or country's state corporate office in order to operate legally with no restrictions.

STEP 5
Lease a property or rent a storefront in a conducive environment where you can showcase and sell your items. Ensure that the place for the business have enough space to convert to office area and to accommodate your goods as well.

STEP 6
Market and advertise your furniture and home decor business. Start by creating a website where you can display some of your best work and products and designs. Don't forget to include your contact details also. Advertise on other social media platforms and sites and include links to your business website there.

Print brochures and distribute to people. Attend trade fair shows, get a space for your business and showcase some of your home decor. Ensure to have photos of the rest of you designs and products and let customers know that they are readily available on demand.

Entertainment / How To Start An Independent Record Label In Nigeria by Ikoiikenna: on Sat 14 at 02:18am

Are you one of the many entrepreneurs that are music fans driven, do you love the music industry and would want to start your own independent record label company?

The Nigerian music industry has experienced a tremendous growth since the 90’s, seeing through many successful music artistes across the different genres of music. However, behind every successful artiste is a successful record label company. If you have always wanted to start your own independent record label and you’re wondering what the requirements are for one to start a successful record label without money in Nigeria then this is your answer.

Every seen success is a result of thorough research, hard work and planning- the music industry not left out. For all entrepreneurs that desire a successful record label company below are the requirement and necessary steps in stating a music label-

1. Business plan-
Every business requires a feasible business plan- this business plan in this context serves as a road map that simplify your concept. It helps determine the genres of music to deal on, startup cost, number of employees among other pertinent information to be found in your business plan thus serving as a blue print for financial management and building of your desired record label company.

2. Licensing/registration
For legitimacy and protection, a standard record label requires a license and proper registration with the right agencies. Licensing and registration of label name protects and provide authorization to run as a label, to purchase and distribute music you will be releasing with your signed artiste.

3. Record Studio-
A standard record label should have a studio or be able to control cost when there is recording need for signed artiste. Though, for a start you can choose to accept only finished products or simply create a rapport between your record label and already established record studios to help with the recording, mastering and finishing of tapes.

READ ALSO: How to Successfully Start Your Own Talk Show

4. Source for Artiste-
As earlier stated, the business plan helps dictate the kind of artiste to source for, the genres of music they should belong to. The choice of source depends on your capital, you can setup a concert or source semi- established artiste. It is advised to seek professional advice/guidance at this stages, it takes a good ear to discover good music and a good artiste to make a good record label.

5. Radio contacts/publicity-
It’s the job of the record label company to publicize their artiste(s) or their works. Create interviews, or record reviews. Also get radio stations to play your artiste studio works. To achieve this, Introduce yourself to major radio marketers, visit different radio stations as much as you can this helps a lot.

6. Distribution-
One major need of an artiste is a record label that can distribute their works to all corners of the world. To get your record sold outside the box of your state or country, you will need to use the service of distribution companies, organize sales campaign, use posters, flyers and advertise on billboards.

READ ALSO: How to Set up An Event Planning Business From Home

Conclusively, originality makes the difference, irrespective of the genre of music or the type of record label company you have set out to achieve remain original to yourself and your plan, avoid being drowned in the crowd, and create a niche for yourself.

Buy & Sell / How To Start A Successful Lingerie Business by Ikoiikenna: on Thu 12 at 09:27am

Lingerie, another word for lingerie is underwear(bra etc) and lingerie is a personal component in a female's wardrobe. As a woman or a girl, your outfit is consider incomplete and in some cases trashy without lingerie.

Now, to go into this business you need to know a thing or two and have the flair for female fashion,how to start your own bra line, know the undergarments manufacturing machines, how much it cost to make a bra and how to design your own bra. This will aid your smooth transition into this business.

The market for this business is enormous because females worldwide cannot do without lingerie, it is already consider a part of their existence. So I urge you to tap into this lucrative business and be a part of a success story here, all you need to do is get the right funds together with good marketing/customer service skills and you will do well in this business.

Now let's get down to business and let me show you how to start/launch your own successful lingerie business.

STEP ONE:
Conduct a good research on this business and gather all the necessary facts and figures that will be important for the growth of the business. This will prepare you for both foreseen and unforeseen events.

STEP TWO:
Once your research and business plan is in place, you need to source out your funds. The truth is, it all depends on how you want to start, if it's on a small-scale then you need not worry about getting big funds, with #20,000naira which is less than $100 you can get started but if you are opting for a large-scale with shops and everything then you need to source out ways to get the funds. There are micro finance banks to get soft loans from especially the ones sponsored by government, family members and individual investors who have the penchant for supporting start up businesses.

STEP THREE:
It is important you find yourself a good supply chain that will enable you you to stock up your shop or inventory with the right sizes, colours and designs. You might be wondering how to go about getting this supply chain, you can contract wholesalers that deal mainly on female merchandise or a manufacturer, that way you can be able to purchase and fill your lingerie inventory.

Read Also: How To Start Babies Wears Selling Business In Nigeria

In the process of getting your supplies, you can always add other range of lingerie items like, stockings, swim suits, beach wears, items for bachelorette party and bridal showers to satisfy and meet the demand/tastes of different customers. There are also female customers who like and would go for the racy lingerie while some will go for the conservative ones, all these are stuff that will bring in extra income for your lingerie business.

STEP FOUR:
Here, you need to make sure that you are able to get a good shop in a secure and strategic area/location, because a good location determines how well you will do in terms of sales. It is expected that you will secure a shop in a busy area that will boost your business, busy areas like, shopping malls, local markets, or even close to a higher institution where students especially female students can easily see and patronize your business.

STEP FIVE:
START marketing your lingerie in any way that you can, one very effective way is to open a website online and display photos of mannequins adorning various types, sizes and colours of your lingerie, you can even call your online shop "The lingerie palace" so that females everywhere can see and assess your product, get updates on new arrivals/trends and also grant promotional sales from time to time.

Offline, you need to market your lingerie to offices, trade shows and handbills. Offer discounts to loyal customers to boost and increase sales and also ensure that your lingerie is of high quality because nothing beats a lingerie that can be able to make customers feel feminine and comfortable.

There you have it, all the steps to guide you along. So let us know how you feel by dropping a comment.

Read Also: How To Start A Fabric Shop Business

Business Advice/Tips / Self Help Tips For Young Entrepreneurs by Ikoiikenna: on Thu 12 at 04:52am
You can have the best ideas for your business but without the proper self-improvement, you might not be taking your business anywhere. Self-improvement is very important because in that business, you are the first point of contact and you are definitely the first form of advertisement.

Making yourself into a strong personal brand is a very efficient thing to do but although the journey is long and kind of tough, the fruits are sweeter than the toils behind them. As an entrepreneur, how best to improve yourself in and for the workplace?



5. Always Start Early
To get the best out of yourself is getting the best out of every resource that you have at your disposal daily and one of these is time. Time is very important to develop yourself and you should make sure that you get out of bed as fast as you can, freshen up, eat your breakfast and go about your business, as sharp as you can be. Don’t go to bed late or wake up late too. That tends to have taken a huge chunk out of your day and induces some grogginess and sluggishness into you for that day also. If you are the free spirited kind of person, we advise that you spice up your daily morning routine with some exercises too.

READ ALSO: 5 Habits Of Highly Successful Entrepreneurs

4. Take a Break
Business is challenging, we know, and you might end up spending the better part of your day in front of a computer, behind a desk and doing a lot of administrative stuffs while time just passes out from under your nose and before you know it, it’s dark already. No, it shouldn’t be so. Find time daily to take a well-deserved break for some minutes. Leave that desk, go outside. Grab a lunch or something and you would come back in feeling better than before.

3. Be Generous
What goes around comes around, and this same rule applies to being generous. We are not saying that you should go around with a pocket full of small change and start dashing them out to people. We are saying find time to help others out, give them quality pieces of advice, provide companionship and be a good friend to them. You can offer to join a charitable or voluntary organisation on the weekends and this would not only improve you, but make you more of a person to others

2. Acceptance
A lot of things happen around us and due to the god-factor that is inherent in most of us; we tend to want to always fix things. We have in our minds a picture of how things should be and anything an aside that is a deviation and not welcome. Sometimes, you just need to let nature take its own course and let some situations be. Don’t always try to fix it; you might get frustrated the more. Instead, just embrace it and move on.

READ ALSO: 3 Things That You Can Do To Be More Innovative

1. Break That Chain
We are adventurous beings but as soon as we start doing something over and over again, we quickly adapt and become stereotypical ones, so much that someone can successfully predict where you’d be and what you’d be doing at certain times of the day. This is unhealthy for you, your business life and your self-development. Break that chain and leave our comfort zone. Do something wild but healthy that you would always remember and never for one live your life according to a script.

Web Design / Re: [free Download] Bug Free Nairaland Clone Script by Ikoiikenna: on Thu 12 at 04:39am
Kingsolomon:


I have not see it ooo

chinemeremalozie17@gmail.com
Or send it through whatsapp pls


If we said we sent it, then we have. Check your mail. However if you still didn't see it the chat us up 08130525154

General Updates / 10 World's Most Attractive Employers by Ikoiikenna: on Thu 12 at 12:38am
Getting the best out of every employment is the desire or every employee. however not all company offer much values to their employee. below is a list of the world's top employer for the year.

[/b]1. Google[/b]
"Google is an American multinational technology company specializing in Internet-related services and products that include online advertising technologies, search, cloud computing, and software. Wikipedia
Founded: September 4, 1998, Menlo Park, California, United States
CEO: Sundar Pichai
Headquarters: Mountain View, California, United States
Subsidiaries: YouTube, Nik Software, AdMob, ITA Software, More
Video games: Tilt Brush, Google Lively
Founders: Larry Page, Sergey Brin

2. Apple
"Apple Inc. is an American multinational technology company headquartered in Cupertino, California, that designs, develops, and sells consumer electronics, computer software, and online services".
Stock price: AAPL (NASDAQ) US$96.67 0.00 (0.00%)
26 Jul, 4:00 PM GMT-4 - Disclaimer
CEO: Tim Cook
Headquarters: Cupertino, California, United States
Products: iPhone, iPad, iPod, Macintosh, Apple Watch, QuickTime,Apple TV, iPad Mini, iWork, Final Cut Studio, Logic Studio
Founders: Steve Jobs, Ronald Wayne, Steve Wozniak

3. EY (Ernst & Young)
Ernst & Young is a multinational professional services firm headquartered in London, United Kingdom.
CEO: Mark Weinberger
Headquarters: London, United Kingdom
Revenue: 28.7 billion USD (2015)
Founded: 1989, England, United Kingdom

4. Goldman Sachs
The Goldman Sachs Group, Inc. is an American multinational banking firm that engages in global investment banking, investment management, securities, and other financial services, primarily with institutional clients.
CEO: Lloyd Blankfein
Stock price: GS (NYSE) US$161.41 +0.25 (+0.16%)
27 Jul, 9:31 AM GMT-4 - Disclaimer
Headquarters: Manhattan, New York City, New York, United States
Revenue: 39.2 billion USD (2015)
Founders: Samuel Sachs, Marcus Goldman

5. PwC (PricewaterhouseCoopers)
PricewaterhouseCoopers is a multinational professional services network headquartered in London, United Kingdom. It is the largest professional services firm in the world, and is one of the Big Four auditors, along with Deloitte, EY and KPMG. Wikipedia
Headquarters: New York City, New York, United States
Revenue: 35.4 billion USD (2015)
Founded: 1998
Acquisition date: 2002

6. Deloitte
Deloitte Touche Tohmatsu Limited /dəˈlɔɪt ˈtuːʃ toʊˈmɑːtsuː/, commonly referred to as Deloitte, is a multinational professional services firm headquartered in New York City in the United States.
CEO: Punit Renjen
Headquarters: New York City, New York, United States
Revenue: 35.2 billion USD (2015)
Founder: William Welch Deloitte
Founded: 1845, London, United Kingdom

Read Also: 7 Things You Must Not Mention On Your Cv

7.Microsoft
Microsoft Corporation /ˈmaɪkrəˌsɒft, -roʊ-, -ˌsɔːft/ is an American multinational technology company headquartered in Redmond, Washington, that develops, manufactures, licenses, supports and ...Wikipedia
Customer service: +1 800-642-7676
Stock price: MSFT (NASDAQ) $56.73 -0.03 (-0.05%)
Jul 27, 9:38 AM EDT - Disclaimer
CEO: Satya Nadella
Founded: April 4, 1975, Albuquerque, New Mexico, United States
Headquarters: Redmond, Washington, United States
Revenue: 93.58 billion USD (2015)
Founders: Bill Gates, Paul Allen

8.KPMG
KPMG is a professional service company, being one of the Big Four auditors, along with Deloitte, EY and PwC. Seated in Amsterdam, the Netherlands, KPMG employs 174,000 people and has three lines of services: audit, tax, and advisory.
Headquarters: Amstelveen, Netherlands
Customer service: +1 866-246-9224
Revenue: 24.44 billion USD (2015)
Founded: 1987
Founders: Klynveld Main Goerdeler, Marwick Mitchell & Co., Klynveld Kraayenhof & Co., William Barclay Peat & Co.

9. L'Oréal Group
L'Oréal S.A. is a French cosmetics company headquartered in Clichy, Hauts-de-Seine with a registered office in Paris. Wikipedia
Stock price: OR (EPA) €175.95 +0.15 (+0.09%)
Jul 27, 3:41 PM GMT+2 - Disclaimer
Headquarters: Île-de-France, France
CEO: Jean Paul Agon
Founder: Eugène Schueller
Founded: July 30, 1909
Revenue: 25.26 billion EUR (2015)
Subsidiaries: Lancôme, The Body Shop, Urban Decay, Kiehl's, More

10. J.P. Morgan
JPMorgan Chase & Co. is a multinational banking and financial services holding company headquartered in New York City. Wikipedia
Stock price: JPM (NYSE) $64.31 +0.18 (+0.28%)
Jul 27, 9:42 AM EDT - Disclaimer
CEO: James Dimon
Headquarters: New York City, New York, United States
Founded: 2000, New York City, New York, United States
Revenue: 96.6 billion USD (2015)
Total assets: 2.424 trillion USD (2016)
Subsidiaries: Chase Bank, J.P. Morgan & Co., More

Entertainment / How To Successfully Start Your Own Talk Show by Ikoiikenna: on Wed 11 at 07:08pm
So you enjoy watching talk shows and follow up with keen interest, starting one would be like the ultimate dream especially for an aspiring entrepreneur as yourself.

Perhaps you have it all figured out, you will get a good space/studio, along with some high-value digital production equipment and of course the chance to become the town's celebrity. Well, that's not absurd for a "would-be." but you need to get your head out of the cloud and make that dream of yours come true.
talk-show

So what are you still waiting for? Let's get you started with your own talk show.

STEP ONE:
Do your homework. It is important that you get your homework done first before starting anything. You need to brush up on things you would like to talk about on your talk show, things like, your hot topics, your kind of audience, the patterns your show should follow and who will be your invited guests in every week or month. The point here is to do a good research work in order to know your mark.

STEP TWO
Get familiar with the audience. Once you have your homework done, the next step is to get acquainted with your audience. This will help you figure out what they like, their interest and how long they are able to stay for each segment.
For example, say your topic is about what's trending in fashion and you have an audience full of individuals in their early 20s and 30s. It is expected they will want detailed specifics about male and female fashion stuff along with their designer's name and of course how to pull off a trendy look in an inexpensive way - that kind of things. Your job now is to know the specifics, get the right guest and warm your way into the heart of your audience.

READ ALSO: How To Start A Karaoke Bar Business

STEP THREE
Choose the scale you want to operate from. Typically, it is expected that you may want to start your talk show on television, but that doesn't mean there is no other medium to choose from. All you need to do is decide whether you want to be on TV which will get you a limited amount of audience or if you want to shoot the talk show with a high-value digital camera and put out there on the internet (YouTube channel and the rest) - where you will get an unlimited number of audience both in and outside your location. Or maybe you have limited funds with no money to build a set and the rest. you can record your talk show in audio just as you can on video and broadcast the shoe through various media.

STEP FOUR
Get your guests to the show. Once you have done your research, decide which scale to start and familiarize yourself with the audience along with your camera crew and production team. The next step is to find the guest that best suit the topic you intend to talk about on the show. This, of course, won't come easy because you have to go through the process of contacting the guests to see if they will be available for the show, what time they will come, getting to know them and make them feel comfortable in order to relate well with the audience.

STEP FIVE
Promote your talk show. Once you are done with shooting your first show, the next step is to distribute copies of the show to the different media outlets in your town/city to help promote your show. You also need to contact digital marketing promoters online so they too can help get the words out about your talk show on the different websites and blogs on social media platforms.
It is a talk show, you need to always carry out promotional activities from time to time and ensure that you keep your audience satisfy by bringing in a new guest for every show and of course new content on a regular.

READ ALSO: How To Become A Successful Dj And Producer

IN CONCLUSION
You have to be dedicated and passionate about your talk show. This means you will have to see it as a regular job, something you love to do and give all your time and attention to. If you are able to do all that, you will surely create a good fan base and then bask in the glory of success.
Good luck on your talk show.

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