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Showing posts from October, 2014

Oba Ilobaa : An Entrepreneur, His idea and MONEY

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I met Oba when he contacted me to work on the financial projections for his Laundromart business back in 2012. Trust me when I say it all started with an Idea . In this piece, he shares the insights he has gained in starting and running his business for almost 24 months. - David Apaflo Neatly stacking the well ironed shirts and ‘Natives’ into my school bag, then crosschecked the old GTB diary to confirm the bill and be certain all items were accounted for, I sent the sms and hopped into a ‘danfo’ heading to Ikota to deliver fresh laundry to a customer. This was how I started a laundry business as an undergraduate in the University of Lagos. Fast-forward this by four years and we have Snowfresh Laundromarts (UNILAG ), a Business School certificate, a winner of Diamond Bank BET3 programme , and an admirable network of seasoned entrepreneurs and consultants. The idea was simple then as it is simple now – “to provide laundry service to a large demographic at the lowest po

5 Lessons from a leisure Trip to Tinapa

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Sometime in 2012, I was in the beautiful city of Calabar for a few days and decided to visit the popular Tinapa Business Resort. I had dreamed of coming here and since fate made it possible for me to be in Calabar, there was no way I was going back home without visiting Tinapa. I assembled a team of friends and we were off to Tinapa to see its very large shopping mall, the beautiful scenery and oh THE WATER PARK ! The water park was a sight to behold with several pools, the lazy river and a 60ft water slide. I was determined to enjoy all the facilities to the max and so I did till I arrived at the 60ft water slide. As much as I wanted to slide down it, it looked so high and so steep, I wondered if I was going to fall off on my way down. I summoned courage and decided to take the slide. Climbing to the top, I realized that it was even much higher than it seemed from the ground. OMG! I should never have come here. Just as I was about going back, a young boy came by… swoosh! and h