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8/6/2019 The Ideapreneur
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ENTREPRENEURSHIP
Creating Wealth from NothingStart with an Idea
Messan LanreIdea Strategist
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Be Like God
He started with a dream (idea) of
everything good around him. He
brooded for a long while; He
planned, created all we see by a
constant thought process out of
nothing and from nowhere. It may
take time, people may mock you.Spite you and laugh at you but just
BE LIKE GOD.
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Be Like God
The Bible says in Gen 1:1, 2 In the beginning, Godcreated the heaven and theearth. And the earth was
without form and void, anddarkness
The word VOID showsemptiness, nothingness andcombined with this
emptiness was thick, deepdarkness; darkness thatcould be felt and touched.
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Be Like God
So, how do we create wealth from nothing,when there is no money or resources, when weknow no one, when we have limited skill-set to
achieve what we want to achieve, when thereis no college degree to make a way for us in thecorporate world or even if it is available,nothing can really be saved from our monthly
income, even when we try to save something,the amount is infinitesimal in comparism to ourgreat dreams?BE LIKE GOD.
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HOW DO WE BE LIKE GOD?
To be like God, we need to act like God. What
did he do in the circumstances in which he
found himself?
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UNDERSTANDING THE POWER
WITHIN
As humans, we are empowered to be just like God. We
were created as spirit beings, which lives in a body and
possess a soul and this soul holds the great forces of our
mind, our will and our emotions. God breathe the same
creative spirit that moved upon the face of the waters into
you and the Bible says man became a living soul.
Wealth can only be created through deep thought,
meditation, prayer, planning and particularly, the will to
achieve what you conceive and a consistent persistence in
this attitude will bring about a winning streak.
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The Goal
Today, we will learn
How to create wealth from nothing using
entrepreneurship as a tool.
How other successful people did it.
How to maximize real opportunities.
Steps to take in starting.
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ENTREPRENEURSHIP: A TOOL TO
CREATING WEALTH FROM NOTHING
People living in this part of the world often consider
it a challenge to become financially successful
because of the peculiarity of our socio- economicenvironment
But then
Looking from the other side, you will realize our socio-
economic problems are actually the opportunities we
need to make it. All we need is to convert opportunities
into value adding ideas. There and then, will the
journey of entrepreneurship begin!
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In the words of Albert Einstein
Albert Einstein: Try not tobecome a man of success,but rather try to become aman of value.
When you create value thatsatisfy someones needs ordesires and the person iswilling to pay for such valueover and over again, you areon your way to becoming anentrepreneur and creatingwealth
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Entrepreneurship defined
Entrepreneurship is simply defined as a system or processthat creates value which solves problems.
Keywords:
Create: involve imagination in bringing something newinto existence.
Value: something of importance that fulfils desires orprovides needs
Solve: To make something easier or to provide a need Problem: A situation that demands solutions.
System/Process: an organized dynamic pattern orstructure
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Simply solve a problem.
God created you to solve a problem. Why did you buy a car?Because it solved a transportation problem. Why do youwatch the news each evening on television? It solves aninformation problem.
Why did God create you?He created you to solve human problems.
Mechanics solve carproblems
Dentists solve tooth problem
Lawyers solve legalproblems
Mothers solve emotionalproblems Accountants solve taxproblems
Christians solve human problems
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Know that
God is the solution to mankind. Therefore, youare created to be a solution to somebodyYou just have to ask; who is that person?
Where is that person? What does that personneed? How do I create and deliver what thatperson needs?
And multiply what you have to offer by howmany people you want to reach and how faryou want to go It is equals to WEALTH.
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How Then Do We Create Wealth From
Nothing?
Have
an
IDEA!
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Idea Fuels Entrepreneurship: the
Processes
Process 1 : Creatingthe Idea
Process 2 : Convertingthe idea to a valueadding business
Process 3 : Making thebusiness generate thewealth
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PROCESS 1: CREATING THE IDEA
You can create ideas from:
Experiences andopportunities
Fun time and adventures
Critical Thinking Needs
Problems: political, social,spiritual, economic,financial etc.
Conversations Talent
Challenges
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PROCESS 2: CONVERTING THE IDEA TO
A VALUE ADDING BUSINESS
Convert the idea created to a product or
service that fits a researched market
Create a business plan for the idea Attach a measurable monetary value to
product or service
Market the product or service to a targetcustomers
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PROCESS 2: CONVERTING THE IDEA TO
A VALUE ADDING BUSINESS
Drive the business withstrategic skills such as:
Prayer
Plan/set goals
Vision
Good leadership Hard work
Discipline
Commitment
Quality Service
Management
Integrity
Creativity
Optimism
Dynamism
Obsession
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PROCESS 2: CONVERTING THE IDEA TO
A VALUE ADDING BUSINESS
Involve People As supporters
As partners As customers
As workers
As advisers
As investors
As bankers
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PROCESS 3: MAKING THE BUSINESS
GENERATE WEALTH Invest back into the business idea (Unlimited opportunities
waiting)
Pay Tithe 10%(Unavoidable)
Save 10% of profit (Untouchable)
Expand business reasonably to more market segments Be financially savvy
Create an effective budget
Keep the accounts tidy
Bank the proceeds
Spend wisely Maintain a consistent cash flow (pay debts on time)
Identify more opportunities and strategies to drive yourbusiness idea
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THE TRUTH:
You need knowledge to create wealth!Examine this:
If you see a man who goes with somuch confidence while he walksor drives along the streets, who isnot disturbed when he suffers
losses, who is not easilyfrightened by awful situationsand who lives his life with somuch ease, then two things couldbe responsible for his behavior. Itis either he has a lot of money
stored up in his bank account orhe has so much knowledge storedup in his mind.
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THE TRUTH:
You need knowledge to create wealth!
On the contrary
When you see a man who
walks on the streets with so
much inelegance, who liveshis life in fear of the future,
who gets worried about
minor challenges, then two
things could also be
responsible. It is either hehas an empty pocket or he
has an empty head.
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PEOPLE WHO CREATED WEALTH FROM
NOTHING
Proverbs 31 Woman:The life of the Proverbs
31 woman encapsulates
the whole idea ofentrepreneurship.
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PEOPLE WHO CREATED WEALTH FROM
NOTHING
Fred Smith was 27when he founded
FedEx.
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PEOPLE WHO CREATED WEALTH FROM
NOTHING
Colonel Harland
Sanders, founder ofKentucky Fried Chicken,
got real fired up and got
started regardless of
what he has. Sanders
had money problems
like everyone else when
he was first building
Kentucky Fried Chicken
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PEOPLE WHO CREATED WEALTH FROM
NOTHING
Toyosi Akerele, a youngenigmatic entrepreneurvery passionate aboutyouth development started
the company, RISE poised toempower young peoplethrough a magazine andhave grown into a strategicyouth developmentcompany serving up to 1
million youth in 15 Nigeriancities raking in millions ofnaira every year.
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How to maximize Real Opportunities.You can build a mega business and create wealth from this
Just Think! & Act Now! SMS Marketing
Face book Marketing
Information Sales
Laundry
Investment Club
Seminar Production
Event planning
Ad Letter publishing Make Up Artist
Idea development
Merchandizing (www.moneyboxafrica.com)
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Steps to take
There is something that you havethat is called Real Opportunitywhich can help you create wealth
Whoever you are, start with whatyou have, where you are, ,
whatever it is just start. Soon,you will overcome the firstobstacle.
Set goals on what you intend tostart and how you plan to grow.After this presentation, you have
not decided to start now Go geta JOB (Just Over Broke)
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HEARKEN UNTO THIS: THE 10
COMMANDMENTS Thou shalt remember the Lord thy
God for it is He that giveth thepower to get wealth.
Thou shalt trust in the Lord thyGod with all thy heart, leaning noton your own understanding.
Poverty is ungodly, therefore shaltthou revoke every resolution youhave made to be poor.
Thou shalt abhor poverty and sinwith passion and desire theblessings of the Lord.
Thou shalt not engage thyself in
idleness, but shall work with thinehands, the things that enhancewealth.
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HEARKEN UNTO THIS: THE 10
COMMANDMENTS Thou shalt do thy work with all
diligence so that thou mayest findfavour before God and men.
Thou shalt not heap up wealth forungodly use but shall honour theLord with thy substance.
Thou shalt not acquire wealth bydishonest means; neither shaltthou oppress the poor with thyriches.
Thou shalt hold the power ofknowledge in high regard andshalt explore the power of
inspiration. Thou shalt use thy wisdom and thy
wealth for the work of God and forthe benefit of mankind.
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LAST WORDS
Find a need, Create an idea,Convert it into a product orservice, Market it to yourphone contacts first, startnow, now, now, behold youare an entrepreneur readyto create wealth.
I AM YAGGY A youngperson leadingtransformationalchangefor
selfandcommunity Be inspired, be Nigerian.
You will succeed!