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Plenary Session with George Bush - Access Conference 2013

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Dear Readers, A while back, Access Bank Plc put together a stellar conference where 4 ex presidents were in attendance. One of the standout sessions was with George Bush. Going through my notes this morning, I found some priceless gems I thought to share. I hope you find these nuggets useful in your daily life. We need to create an environment where entrepreneurship flourishes, develop young entrepreneurs and improve the ease of setting up a business. Remove trade barriers among African countries It is important to set goals and have tactics in place to make them come to pass. Toughest decision - committing troops to war Protect the homeland, security of the people. Focus on educating children Project calm in time of crisis. If you panic, the people who follow your leadership will panic Say something when in crisis. Do not keep quiet It is important to gain the trust of the people around you.  Gain the confidence of the people by busting corruption The greatest gi

Apaflo Profits Multiplication Table

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Almost every week, i'm inundated with people calling me to say David what can I do to make money? Especially with Nigeria going through a recession/depression. I always start by asking the following questions: What are you currently doing? I'd like to know what you have started doing or what you plan to do. Action action action. Preferably I like people who have started doing something at least. Can what I am doing scale? Scale is simply about serving more people with little or no increase in costs. On the average almost every business can scale but there are usually limits. I'd do a subsequent post discussing scaling in detail. How much of scale do I want? I'd rather rephrase this as how much of profits do I want? The Apaflo Profits Multiplication Table (APMT) basically shows how profits multiplied by customers gives you money in the bank! Sell an item with a profit of $1 to 10 people, you make $10. Sell an item of $100 to 1,000 people you have $100,000

Leadership in unlikely ways

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One cool evening after work, I was driving home on the busy Adeola Odeku Street in Victoria Island. The beauty of the night lights really gives the street a nice dazzle. Away from the aesthetics of the road, from afar I saw one of the traffic lights blinking - signaling it was about to turn red and I frantically tried to pick up speed to beat the light to no avail.  As I settled down accepting my fate, the drivers behind me didn't seem to understand that RED meant stop as they kept on blaring their horns for me to move so they could also move. I decided to wait for the light to turn green before I moved ignoring the resulting noise pollution coming from behind me. As I drove off , I started seeing leadership from a different dimension. The fact that the right actions of one man can actually compel others to act right. In this situation, once I wasn't going to beat the light every other person behind me had to wait whether they liked it or not. I re

My FATE Foundation Experience

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FATE Foundation is a charitable organization with a full focus on entrepreneurial development. They run various programs for aspiring business owners and those already in business. The Foundation is the brain child of Fola Adeola the founder of Guaranty Trust Bank Plc. You can check them out on their website www.fatefoundation.org  In April 2016, I was a student in the Aspiring Entrepreneurs Program (AEP 55) and I tell you it was a lot of new learning which got me really excited about the future. From the very first class with Mrs Toyin Bakare, COO of SAS Textiles, I had concluded my fees were already well spent. We had several sessions on Goal Setting, Marketing, Negotiation Skills, Legal Issues, Finance and accounts. To see a detailed outline of the syllabus, please click this link . One thing I particularly liked about the AEP program was the calibre of people that were facilitating these classes. Top shots! For example the Marketing Class was taken a Director in O

Before you get a mentor

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So this post is actually supposed to be one line: Before you get a mentor, do your homework! Too many times I have seen people who rush at mentorship without doing the necessary work that they need to do on their own. This is what I call the homework. Homework back in my early schooling days was an assignment that the teacher expected her students to work on outside the classroom. So I would be using this teacher/student relationship to explain somethings. It is important to note that for this article, I am not referring to the teacher as the mentor. Now when you receive home work, the following things are necessary: 1. Properly document the homework: Just like you have to copy out the assignment from the board or listen attentively to figure out which pages to read, in life we need to properly document and define the problem. 2. Figure out what you already know from previous lessons: In the same way a teacher builds the next lesson on previous lessons, the

Mckinsey & Company Pre-interview evaluation questionnaire

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In a bid to get into the world's number one consulting firm Mckinsey and Company, you typically start by completing an evaluation form which is analyzed and this determines whether you are called for a test. A while back I completed the evaluation form and the following were my answers. These answers were deemed good enough for me to be short-listed for a PST (Problem Solving Test). Describe an important and out of the ordinary achievement in your life I'm proud of the fact that I graduated on time with a first class degree while I got involved in student politics, volunteer activities, while also working part-time for two years in school. A lot of my classmates  weren't  involved in other activities asides school work or let their grades suffer. I believe the reason I got through it all was sheer determination and discipline; I never even let myself visualize anything but finishing on time and with good grades. So I firmly believe in the importance of a positiv

Using the STAR Framework for Interview Questions

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I first came to the knowledge of the STAR framework when I was preparing for my case interview with Mckinsey & Company . Read here , here and here to catch up. The framework was introduced to me by Seun Oyegunle who at that time was an MBA student at Wharton Business School. A framework simply means an organized way of tackling a problem. You can call it a formula. STAR simply means S - Situation : Give a brief description of the situation you found yourself in. T - Task : State the task you needed to carry out and the challenges you considered A - Action : Describe the specific actions you took to complete the task R - Result : State the result achieved with numbers to quantify the result. This framework is best used for competency-based questions you might be asked in an interview. Usually with these questions, you have to tell a story about your achievement(s). The trick is to weave the STAR framework into your responses without pausing or letting the intervi