Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,194,758 members, 7,955,881 topics. Date: Sunday, 22 September 2024 at 05:43 PM |
Nairaland Forum / AnneMomoh's Profile / AnneMomoh's Posts
(1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (of 23 pages)
Politics / Re: Ministerial Slot: I Am Not In A Rush To Go Into Government - Utomi by AnneMomoh: 12:52pm On Sep 21, 2015 |
Chosen1984: Saratu? |
Business / Re: 5 Solid Reasons Why Nigerian Startups Fail Too Early by AnneMomoh: 11:39pm On Sep 08, 2015 |
MISSNORA: Ok ? |
Celebrities / Re: SHAMEFUL ACT!!! Imagine What This Naija Babe Is Doing With Her B0*0bs by AnneMomoh: 10:13am On Sep 07, 2015 |
gistparrot: You must be a LEARNER |
Romance / Re: I Don't Want To Regret My Decision And Miss Out On What Is For Me. Pls Advice by AnneMomoh: 10:37am On Sep 05, 2015 |
Sister - you mentioned the word “ rich“ about a dozen times. Bonita101n2: 5 Likes |
Romance / Re: You Came Back From Work And Your Mother-In-Law Did This by AnneMomoh: 10:56am On Sep 04, 2015 |
kpaofame: Its inflicting bodily harm |
Politics / Re: Impending Banking Crisis 2015: Over 8000 Staff to be Sacked? by AnneMomoh: 5:10pm On Aug 31, 2015 |
ThundrCork: Read my qoute and comprehend, if you were educated enough , you would understand it was a complement to the Author. |
Politics / Re: Impending Banking Crisis 2015: Over 8000 Staff to be Sacked? by AnneMomoh: 3:23pm On Aug 31, 2015 |
ogasir2011:As funny as it seems, its a fact |
Politics / Re: Impending Banking Crisis 2015: Over 8000 Staff to be Sacked? by AnneMomoh: 1:09pm On Aug 31, 2015 |
4Play: hmm |
Politics / Re: Impending Banking Crisis 2015: Over 8000 Staff to be Sacked? by AnneMomoh: 1:09pm On Aug 31, 2015 |
Keneking: are you booking space |
Politics / Re: Impending Banking Crisis 2015: Over 8000 Staff to be Sacked? by AnneMomoh: 1:08pm On Aug 31, 2015 |
ThundrCork: you can come up with your own article on microfinance banks |
Jokes Etc / Re: Photo: This Bus Finds Itself Here Because The Driver Was Following Google Map by AnneMomoh: 7:38pm On Aug 30, 2015 |
sojiboy:Knife? |
Jobs/Vacancies / Re: Open Letter To President Muhamadu Buhari By A Nigerian Graduate On Unemployment by AnneMomoh: 8:57am On Aug 27, 2015 |
tunex23: lol... badt guy 2 Likes |
Politics / Re: SHOCKING: Nigerian Government Looses Over N1bn Revenue WEEKLY to Car Smuggling!! by AnneMomoh: 12:03pm On Aug 26, 2015 |
rooftech: How is it affecting people's Livelihood? |
Politics / Re: SHOCKING: Nigerian Government Looses Over N1bn Revenue WEEKLY to Car Smuggling!! by AnneMomoh: 12:02pm On Aug 26, 2015 |
tobtap: Knife? |
Family / Re: A 5 Year Old Innocent Question To His MUM by AnneMomoh: 12:27pm On Aug 24, 2015 |
one word - DEEP |
Politics / Re: SHOCKING: Nigerian Government Looses Over N1bn Revenue WEEKLY to Car Smuggling!! by AnneMomoh: 12:23pm On Aug 24, 2015 |
These are stories that needs to be on FP, but Seun and his moderators will prefer entertainment on FP than issues of National Importance cc Seun , Afam4eva, OAM4J , Lalasticlala over to you |
Politics / Re: SHOCKING: Nigerian Government Looses Over N1bn Revenue WEEKLY to Car Smuggling!! by AnneMomoh: 12:03pm On Aug 24, 2015 |
N1bn ? Jeez this Money can really go along way oh in helping unemployment rate in Naija oh |
Business / 5 Solid Reasons Why Nigerian Startups Fail Too Early by AnneMomoh: 12:14pm On Aug 19, 2015 |
“Too many startups begin with an idea for a product that they think people want.” That no one seems to want the product/solution you are building, surely any other issues can be turned around. But if your potential users don’t want it, what’s the point. Trying to address a problem that doesn’t exist in the first place might be a sure way to leave the startup scene at an early stage. A good approach to address this is by confirming that your proposed solution is solving a meaningful problem which people would be ready to use or even pay for. Launching without validation Another issue startup entrepreneurs cannot escape for new solution is validation, launching without a minimum viable product (MVP). Some solutions are designed with the entrepreneur having only him/herself in mind, not considering the product’s potential users customers – and in most cases there’s a clear difference between what the company believed to be a ‘must have’ feature and what the customers are willing to use or pay for. And the Lean Startup Methodologies are just perfect for this. Revenue Model Twitter operated for about three years before even looking into monetising the millions of users on the platform, which is running on a series of funding for three years without a revenue model. One question we might want to ask is – how many African startups can run for over 18 months only on funding without losing a larger chunk of its equity to the funders? It takes real money to keep a business running, hence the need for an early decision on monetization and revenue model is pertinent. Not sure the make it popular and then monetise is still a good approach though, especially in Africa. Entry Barrier and competition When the barrier to entry into a sector is relatively low, that translates to a fierce competition and vice versa. A case of the ever growing number of eCommerce players as well as logistics in Nigeria. And playing in a niche market with an entirely different comparative advantage is key. Yet, some great ideas go quite far only to discover there are barriers that prevent the team from proceeding. So in this case, looking for ways to enhance already existing solutions rather than compete with them could go a long way than trying to build a solution from the scratch. With that, it’s not going to be a competition. What do you think? Of course, Tunde Kehinde could have taken on Jumia Nigeria and Konga after exiting the former but these giants already have a common enemy which every other eCommerce players in Nigeria can’t shy away from – logistics. Funding In Africa, seed funding and grants for early stage startups are mostly between $5,000 and $50,000. And to keep up with the funding challenges, the only available options might just be to keep your current 9-5 job with a decent pay to support your startup, or take up funding for equity. Losing a larger chunk of the company’s equity when you are yet to go public could diminish your interest and passion, and of course we know the end-result of those. My last attempt at entrepreneurship was a case of two co-founders running out of funds when the business couldn’t generate revenue after 12 months. Credit: TechPoingNG http://www.naijahamlet.com/2015/08/5-solid-reasons-why-nigerian-startups.html CC: lalasticlala, ishilove, dragnet, honsule, puskin 2 Likes 3 Shares |
Family / Hilarious Convo Between A Son And His Mum On Whatsapp Last Night by AnneMomoh: 9:30am On Aug 19, 2015 |
Seems this is what is trending now in Naija: http://www.naijahamlet.com/2015/08/hilarious-convo-between-son-and-his-mum.html 5 Shares
|
Music/Radio / Re: New List Of Songs Banned By NBC - Includes Olamide's Shakitibobo by AnneMomoh: 9:15am On Aug 19, 2015 |
Jollyakat: Newyork City? |
Music/Radio / Re: New List Of Songs Banned By NBC - Includes Olamide's Shakitibobo by AnneMomoh: 9:14am On Aug 19, 2015 |
cutepaul: Frontpage? |
Music/Radio / Re: New List Of Songs Banned By NBC - Includes Olamide's Shakitibobo by AnneMomoh: 9:14am On Aug 19, 2015 |
nnafather: Kungfu? |
Crime / Re: 21-yr-old Man Commits Suicide ‘to Go Home And Rest’ by AnneMomoh: 6:44pm On Aug 18, 2015 |
seankay: Dot? |
Crime / Re: 21-yr-old Man Commits Suicide ‘to Go Home And Rest’ by AnneMomoh: 6:44pm On Aug 18, 2015 |
Moneyyy: 5 alive? 3 Likes 1 Share |
Crime / Re: 21-yr-old Man Commits Suicide ‘to Go Home And Rest’ by AnneMomoh: 6:43pm On Aug 18, 2015 |
sigiyaya:wata gwan? 5 Likes |
Celebrities / Re: What Can Be Making Davido Laugh Out This Much? (photo) by AnneMomoh: 6:33pm On Aug 18, 2015 |
BabyDaddy20: for her back call francis? 3 Likes |
Celebrities / Re: What Can Be Making Davido Laugh Out This Much? (photo) by AnneMomoh: 6:32pm On Aug 18, 2015 |
DrayZee: kabul? |
Celebrities / Re: What Can Be Making Davido Laugh Out This Much? (photo) by AnneMomoh: 6:32pm On Aug 18, 2015 |
missKiffy: kilode? |
Events / Re: Nigerian Man 26 Marries 63-years Old American Grandmother by AnneMomoh: 6:20pm On Aug 18, 2015 |
tociano009: Are you guilty of same? 5 Likes 1 Share |
Politics / Re: A 19 Year Old Lady Bites Off Rapist’s Penis In Lagos - Very Graphic PICS by AnneMomoh: 6:19pm On Aug 18, 2015 |
Jorussia: lol |
Politics / Re: 150 Drowned, Others Shot Dead While Running from boko Haram In Yobe by AnneMomoh: 6:14pm On Aug 18, 2015 |
EDWARD4119: Norwich? 2 Likes |
(1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (of 23 pages)
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 31 |