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The entrepreneur: IDEA King
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Big companies are small companies that succeeded.

Robert Townsend



An entrepreneur is someone who assumes the financial risk of the initiation, operation and management of a given business or undertaking. They are innovators of business enterprise who recognize opportunities to introduce a new product, a new process or an improved organization.

It’s clear that businesses don’t just happen; they are initiated, processed and created. Every business starts with an idea – the initiation stage. Ideas are engine of progress; keys to the future; seeds that can germinate into successful organization and keep them healthy and prosperous. They improve people’s lives by creating better ways to doing things. They represent a synthesis of information crystallizing into a usable concept. The more ideas you generate, the more likely it is that you will discover the right idea at the right time for you. There is a clear link between an entrepreneur’s ability to initiate, buy or borrow ideas and its overall performance in doing business. Businesses don’t work, it is the person behind them that either works them or not.



Our generation has underestimated the potential for finding new ideas...Possibilities do not add up, they multiply. It does not take the extraordinary to join the list of entrepreneurs’. There is the need for us to go back to the drawing board – harnessing the strength of the MIND. The MIND is one of the greatest gifts God has given to us. It has the potentials to generate life transforming ideas and build businesses that will outlive the initiators direct involvement. It is the entrepreneurs’ greatest weapon of Business Success.

An idea begins when a person becomes aware of a problem or opportunity, however small. Every day, we see plenty of problems, needs and opportunities and come up with good ideas about how to address them but never execute these ideas. Research has shown that idea problem is the major reason people fail in business and life. If one, out of the too many ideas that flows out of the creative juice of your mind can be implemented a year, it wouldn’t take you ten years to join the league of Billionaires. Coca-cola company is what it is today for just one idea.

Ideas, a part from business start-up, provide incredible boosts in brand recognition, customer loyalty, competitive separation, employee morale, and business performance. To get the best boost on the concept of idea generation always consider the financial impact of every idea initiated, no matter how small or big. Do not get the idea that you have to be some kind of high-tech computer whiz with a Ph.D. from a university somewhere in the US to be successful in the information age. Ninety percent of all fortunes are still made in ordinary businesses selling familiar products and services in local markets to regular customers. All you really need is an idea that is 10 percent new to start a fortune. All you need is a new piece of knowledge, a new idea, a new insight, and the willingness and ability to apply it in the marketplace, and you can become a big success in the economic system by starting your own business.





Oshioke Edmund

Business development/investment and product growth consultant

COE ACME consulting

November 7, 2008 | 3:59 AM Comments  0 comments

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Develop Networking Skills
Translations available in: English (original) | French | Spanish | Italian | German | Portuguese | Swedish | Russian | Dutch | Arabic

Show me your friends, I will tell were you will be in the next 5 years.
Networks are loose association of people. Networking is getting to know other people of value, their abilities, and interest; with the expectation of mutual benefit. In the world of today, networking has taken both physical and virtual dimensions. Outside our physical nature, the world requires us to be both digital and analog.
On the average, we have six people between us and what we want. You just need to know somebody who knows someone…who knows what you want. Rev. Sam Adeyemi, my mentor and pastor once said that “people are living magnet, we attract our kinds.” Who do you attract and who is attracting you?
Building connections is a cornerstone of both career and business development. You do this through contact time and conversations you have. Whether you like it or not, you are marketing and selling. Only that the product is yourself: your talents, skills, energy, interest and experience. Most times, I’m greatly awed at the talent, intelligence and knowledge that most people possess. It struck to know equally how useless people are without people who need them. It’s not WHAT you know; it’s WHO you know that counts. Maybe this sound unfair or calculating, but think of it another way. If no one knows about your skills, talents and experience, who’s going to help you make the most of them?
People are valuable resources. “Knowing the right people” is more important than ever, and it’s not an option in today’s world, where people often need to work together in loose partnerships to achieve their goals quickly. The ability to develop and maintain a broad network of “valuable people” is a critical skill for every business or other career people.
High networked people get things done effectively, learn from others with different knowledge and experience; and make the most moves with their networks. As it often said “your network determines your net worth”.
In conclusion, don’t waste a minute of your time worrying about fairness, “who you know” counts in every aspects of life. Like Al Pacino will say in the film Network “when I say you’re my friend, it means you’re connected, but when I say you’re our friend, it means you’re made”. Be sure, you need those people who will buy, sell, recommend, hire and mentor you. Say connected, till we meet again.

Edmund Oshioke
Business/Investment/Product Development Strategist



November 7, 2008 | 3:36 AM Comments  0 comments

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LEADERSHIP: The missing piece in the Nigeria quest for development.
Translations available in: English (original) | French | Spanish | Italian | German | Portuguese | Swedish | Russian | Dutch | Arabic

What will future generations say about the way we practice leadership today? What will they consider our most conspicuous failure? Nigerian leaders have not given the best push to produce the envious society we would want to live in contributing our best. Initially motivated by the amount of resources left at our disposer by God almighty, we lost the magic touch in the box office fighting for money and self.
What Nigeria needs is not good administrators or military men but leadership. Does it surprise you to know that leadership challenge is the major problem we are faced with in the development of Nigeria? I guess not.

As you would know “Leadership is not magnetic personality that can just as well be a glib tongue. It is not making friends and influencing a person that is flattery. Leadership is lifting a person’s vision to higher sights, the raising of a person’s performance to a higher standard, the building of a personality beyond its moral limitation.”

Our national and personal effectiveness is proportionate to the strength of our leadership. The problem of bad leadership, which has assumed a higher percentage increase over the years undermines peace, growth and development; escalates greed and unhealthy discrimination among us. Beyond our greed, we are bountifully endowed with an awesome amount of natural and human resources necessary for sustainable growth and development. It has become very important to note that as Nigerians, we have enough for need, not for our greed.

With leadership as a people we can out-perform any nation of the world. One of the most important truths I have discovered is that the place of leadership to development is universal. No matter what we do, our colour or race. Generation, ethnicity and cultures may vary, but the true principles of leadership are constant. We cannot out-grow our leadership abilities. These abilities determine the effectiveness and the potential impact of our nation. No advance nation has achieved their growth without the input of leadership. We need leadership to exploit the full potentials of the vast human and natural resources available to us.

One of our leadership problems is the inability to deploy and put the potentials of our smart talented youth to use. On the contrary, we rip militancy, tugs and hooliganism from ourselves. We have successfully turns God’s blessing to an instrument of destruction. Can we reverse this menace? Yes.

Born, elected or nominated into position, the abilities to lead are a set of soft skills nearly all of which can be learned and improved. No matter who you are, you can develop the competences that make your leadership skill highly effective. According to Benjamin Disraeli “the secret of success in life is for a man to be ready for his time when it comes”. This simple truth matches position with acquired skills.

I want to call and encourage you, mostly our elects, to please create a leadership enable environment to allow the deployment of selves effectively and salvage our nation from the incidents of kidnapping in the Niger Delta and all form of crises that will retard our growth. I encourage you to please look away from past reports and see things the way they should be. What distinguishes leaders is the way they see.

What do you see? I will tell what I see when I look out there… I see the underdeveloped resources of the various states undergo trillions of naira development. I see wall streets, seven stars hotels, best ultra modern library and internet powered hostels and lecture rooms of various Federal, State and Private owned University. I see State owned refinery and mining operations of the various Niger Delta states, exploiting their resources. I see a waste management and recycling facilities, seven stars hospitals strategically located in various states. What do you see and what can you do? No one can tax or accuse us of having a grand vision. How you see your state is determined by who you are.

Are you a leader, a builder or destroyer? Let’s join the train and find greatness in self and the state. I thank you for reading this far.


Edmund Oshioke
Business/Investment/Product Development Strategist


November 7, 2008 | 3:24 AM Comments  0 comments

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Internship
Related to country: Nigeria

Translations available in: English (original) | French | Spanish | Italian | German | Portuguese | Swedish | Russian | Dutch | Arabic

CGMIE Consulting Limited, an African Company created to promote enterprise development in Africa, reduce poverty and develop better values amongst young people, has taken the initiative to invite interested young people (a male and a female from Asia, South and North America, Australia or Europe) to participate in a one year internship programme on poverty reduction, employment, youth and women empowerment, community and human capital development campaign in Nigeria.
CGMIE Consulting Ltd developed the mission “To Build Ethical and Global Business Leaders”.
Over the past three years CGMIE Consulting has been involved in training over 1,000 young people in Africa on entrepreneurship. As a result, hundreds of new ventures have been created.
As we strive to implement the Millennium Development Goals (MDGs), CGMIE Consulting believes that entrepreneurship is the most viable alternative for African youths who are unable to get reasonable paying employment.
We run several programmes which include Youth Entrepreneurship Programme (YEP), NYSC Entrepreneurship Programme (NEP), Women Entrepreneurship Programme (WEP), HIV/AIDs Entrepreneurship Programme (HEP) and Vocational Training classes.
In addition to the above listed programmes, CGMIE Consulting Ltd offer consultancy services to business organizations.
Interested applicants are required to:
• Be between 22-28 years old.
• Speak and write English fluently.
• Have passion for youth, women and community development.
• A minimum of 2 years training skills.
Accommodation and all necessary expenses will be taken care of and stipends will be paid to interest applicants during the 12 months (January 2009 to December 2009) period.
Applicants should send their application to applications@cgmie.com before 1st of December, 2009. If you have any question regarding CGMIE Consulting and application procedures reach us on the email above or call: +234098734886

November 6, 2008 | 10:35 AM Comments  0 comments

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