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Politics / Re: Ministerial Slot: I Am Not In A Rush To Go Into Government - Utomi by AnneMomoh: 12:52pm On Sep 21, 2015
Chosen1984:
S

Saratu?
Business / Re: 5 Solid Reasons Why Nigerian Startups Fail Too Early by AnneMomoh: 11:39pm On Sep 08, 2015
MISSNORA:
wanna ask u something pls

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:
shocked Sources say she has no skill and not ready to work but just use what she has to make cash.

SEE PHOTOS--->>> http://www.mokgist.com/shameful-act-imagine-what-this-naija-babe-is-doing-with-her-b00bs/

--->>> http://www.mokgist.com/get-free-downloads-mp3-software-gaming-casino-movies-jobs/


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:
I was formerly engaged to a very nice guy who luckily for me was very rich and also got a very good job while we were dating in an oil firm. Unfortunately it did not work out due to external factors (folks). After healing and all, I started to open up again and have and still meeting a lot of men, both rich and not so rich, bad and good etc.

My problem here is that maybe having dated someone that was very rich and also having met and meeting still very rich guy, I'm finding it difficult settling for less. I met this wonderful guy who I'm also attracted to but he is not very rich. Meanwhile, I do have another suitor or two who are extremely rich but I'm not so attracted to them and I know marriage, that attraction is important.

I really like this guy but then again, I start battling with the fact he is not so rich as the previous and the others and what people might say in me settling for less. Even one time he visited, while I was trying to talk to my brother about him, before I could finish, my brother had already said who is this guy that does not seem like he's rich.

It's now making have conflicting feelings and thoughts and I don't want to miss out on a good person but what if I force and maybe get attracted to those other rich suitors but my mind is more on the not so rich.

Please advise sincerely and judging. Thank you.

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:
call the cops to detain her for attempted murder and defacing an infant /

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:


Oh Nigeria, madam read my question and comprehend it as should a learned person. I am not asking for anyone's permission to come up with an article on micro finance banks

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:

The Bankers are busy chasing targets, no time to read.
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:
There needs to be further banking consolidation in the sector. Unfortunately, the economy cannot support the numerous banks we have so bank mergers, which will mean heavy loss of jobs, are required.


hmm
Politics / Re: Impending Banking Crisis 2015: Over 8000 Staff to be Sacked? by AnneMomoh: 1:09pm On Aug 31, 2015
Keneking:
lalasticlala shocked

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:
What is the effect of this on micro finance banks?

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:
K
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:
The guy even drop phone contact, so someone in presidency can just call him.

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:
close these thread,immediately you are affecting peoples livelihood

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:
k

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

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:
Nyc

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:
Fp

Frontpage?
Music/Radio / Re: New List Of Songs Banned By NBC - Includes Olamide's Shakitibobo by AnneMomoh: 9:14am On Aug 19, 2015
nnafather:
k

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

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:
wg
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:
Fhbcf

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:
K

kabul?
Celebrities / Re: What Can Be Making Davido Laugh Out This Much? (photo) by AnneMomoh: 6:32pm On Aug 18, 2015
missKiffy:
K

kilode?
Events / Re: Nigerian Man 26 Marries 63-years Old American Grandmother by AnneMomoh: 6:20pm On Aug 18, 2015
tociano009:
And so what

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:
This girl is wicked,she just succeeded in eliminating, the man's generation. What was she doing in a house with the guy self?I don't support jungle justice.

lol
Politics / Re: 150 Drowned, Others Shot Dead While Running ‪from ‎boko Haram‬ In Yobe by AnneMomoh: 6:14pm On Aug 18, 2015
EDWARD4119:
N

Norwich?

2 Likes

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