The Ideapreneur

Embed Size (px)

Citation preview

  • 8/6/2019 The Ideapreneur

    1/30

    ENTREPRENEURSHIP

    Creating Wealth from NothingStart with an Idea

    Messan LanreIdea Strategist

  • 8/6/2019 The Ideapreneur

    2/30

    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.

  • 8/6/2019 The Ideapreneur

    3/30

    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.

  • 8/6/2019 The Ideapreneur

    4/30

    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.

  • 8/6/2019 The Ideapreneur

    5/30

    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?

  • 8/6/2019 The Ideapreneur

    6/30

    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.

  • 8/6/2019 The Ideapreneur

    7/30

    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.

  • 8/6/2019 The Ideapreneur

    8/30

    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!

  • 8/6/2019 The Ideapreneur

    9/30

    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

  • 8/6/2019 The Ideapreneur

    10/30

    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

  • 8/6/2019 The Ideapreneur

    11/30

    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

  • 8/6/2019 The Ideapreneur

    12/30

    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.

  • 8/6/2019 The Ideapreneur

    13/30

    How Then Do We Create Wealth From

    Nothing?

    Have

    an

    IDEA!

  • 8/6/2019 The Ideapreneur

    14/30

    Idea Fuels Entrepreneurship: the

    Processes

    Process 1 : Creatingthe Idea

    Process 2 : Convertingthe idea to a valueadding business

    Process 3 : Making thebusiness generate thewealth

  • 8/6/2019 The Ideapreneur

    15/30

    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

  • 8/6/2019 The Ideapreneur

    16/30

    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

  • 8/6/2019 The Ideapreneur

    17/30

    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

  • 8/6/2019 The Ideapreneur

    18/30

    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

  • 8/6/2019 The Ideapreneur

    19/30

    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

  • 8/6/2019 The Ideapreneur

    20/30

    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.

  • 8/6/2019 The Ideapreneur

    21/30

    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.

  • 8/6/2019 The Ideapreneur

    22/30

    PEOPLE WHO CREATED WEALTH FROM

    NOTHING

    Proverbs 31 Woman:The life of the Proverbs

    31 woman encapsulates

    the whole idea ofentrepreneurship.

  • 8/6/2019 The Ideapreneur

    23/30

    PEOPLE WHO CREATED WEALTH FROM

    NOTHING

    Fred Smith was 27when he founded

    FedEx.

  • 8/6/2019 The Ideapreneur

    24/30

    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

  • 8/6/2019 The Ideapreneur

    25/30

    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.

  • 8/6/2019 The Ideapreneur

    26/30

    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)

  • 8/6/2019 The Ideapreneur

    27/30

    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)

  • 8/6/2019 The Ideapreneur

    28/30

    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.

  • 8/6/2019 The Ideapreneur

    29/30

    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.

  • 8/6/2019 The Ideapreneur

    30/30

    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!