CEO of Zongo Business Incubator advices Student entrepreneurs at MIST on business operations and ethics.

Our CEO and Co-Founder, Consultant Abdulsalam M. Daaru was the special guest at  The  Entreprenurship Festival Organised by The SRC of Ma...


Our CEO and Co-Founder, Consultant Abdulsalam M. Daaru was the special guest at  The  Entreprenurship Festival Organised by The SRC of Madina Institute of Science and Technology. He spoke on the issues sorrounding business operations and Ethics  for entrepreneurs drawing from examples successful entrepreneurs and business men such Aligo Dangote, Mo Ibrahim, Bill gate, Steve Jobs, and Kwame despite and Mark Zuckerbeg

Read below key highlight
1) Dream big but start small and progress gradually.

2)Focus on solving the problem or creating a product or service that has unique value in addressing the needs of your customers

3)Understand your business, your industry, your target, customers etc.. Simply have your module at your fingertips

4)Build a very good team:, small, committed and  loyal. A job that 2 people can do should not be done by 3 people. Only progress with those who believe in the vision.

5)Minimize cost and mazimize profit: this means a lot, IF a Motorbike can solve your transport needs don't buy a vehicle... The list is non exhaustive

6)Be discipline in your expenses, take advice but remain focus, spent over 70 % of your time on the business. This is crucial

7)Learn from Mentors:Re-invest your profit. This is the secret of Aligo Dangote, the richest person in Africa.

8)Start your business with great ethical standards. When Mo Ibrahim started Celtel,his telecom company in Africa, he established a no bribe business and that was key in success

9)if your business is not ethical, moral, profersionals, it will not be sustainable. Entrepreneurship is not just about the end, its about the means to the end.

10)Ethics revolves around transparency, accountability, loyalty, integrity, fairness, climate change, good customer relations, profersionalism, community service, corporate social responsibility, and many more

COMMON SENSE . Use common Sense as you follow through the models and all above

Mo Ibrahim said, '' the problem is that many a times people suspend their common sense and get drowned in business models and Harvard school business teachings''

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KRLIVEZ.COM: CEO of Zongo Business Incubator advices Student entrepreneurs at MIST on business operations and ethics.
CEO of Zongo Business Incubator advices Student entrepreneurs at MIST on business operations and ethics.
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