Latest / Closing Sales in Nigeria - Sales For The Nigerian Business Person: The Sales and Marketing Blueprint / The Tech Co-Founder Myth: Building Without Coding
Transcript
- 0:00Hello and welcome. Today we're going to look at
- 0:03whether you have to move to Lagos to be a founder.
- 0:07Because nowadays people have this idea that before you blow,
- 0:12before you hammer, before you execute, before you move on your
- 0:15product, before you move on your service, that you have to be in
- 0:18Lagos because Lagos is where it's at.
- 0:21And if you are a Nigerian of a certain age, you know, I'd
- 0:25understand that you think that way because I remember back in
- 0:29the day when there was Style Plus and also this guy, 6 Foot
- 0:34Plus. You know, they used to be ABJ
- 0:37boys musicians, Style Plus. You know, they were like the
- 0:41Nigerian version of we say like boys to men.
- 0:44Yeah, but the way ABJ boys, you know, they never moved to Lagos.
- 0:47Then there was also 6 Foot Plus. 6 Foot Plus was a rapper and he
- 0:51never made that move to Lagos. Then there was a Terry the Rap
- 0:54man and you know, also like an Abuja, you know, just boy.
- 1:00He never quite moved to Lagos. But then we all know about MI
- 1:06Mr. Abaga himself, Mr. Incredible and his whole crew at
- 1:10Chocolate City. You know, they used to be, I
- 1:12think they used to be just boys and they moved to Lagos and then
- 1:15Chocolate City became, you know, Big Hit became a powerhouse on
- 1:18the music scene. In fact, I think Mr. MI, he no
- 1:21longer raps, but I think he's now currently like head of
- 1:24artists and repertoire, Chocolate City Records.
- 1:27I think then of course, you also know P Square, because P Square,
- 1:31they used to be, I think, I'm not sure if they were, if they
- 1:35went to uni, Josh Bush had they too.
- 1:37You know, they, they took the plunge, you know, they moved to
- 1:39Lagos. Then I think those plantation
- 1:41boys, sorry, no, not P Square. I think P Square, they're
- 1:43actually Lagos boys. Then I think they, they got put
- 1:47on by Benson and Hedges that, that music, music show.
- 1:50I know some of you are like, what the hell is this guy
- 1:51talking about? Now?
- 1:52Don't worry, you have to be of a certain age to, you know, to
- 1:56understand or to remember some of these things.
- 1:58Then there was who, again, apart from P Square, I can't remember
- 2:06who. But anyway, you get the point in
- 2:10Nigeria's development or in the development of the entertainment
- 2:15industry in Nigeria at a certain time, if you are not in Lagos,
- 2:20you are not serious. If you know entire lag, it means
- 2:23you know I'm start, it means you know, I'm blue.
- 2:25Now things a little bit different because now we have
- 2:28this guy flip flavor. Yeah, flavor, flavor.
- 2:32Nabania, you know, he's still in the East, you know, still and
- 2:35he's got a number of boy. But anyway, flavor is still in
- 2:38the East and, you know, he's still getting things, you know,
- 2:40to, to, you know, to pop off. So nowadays there's some
- 2:43liberty. You can stay in the East.
- 2:45You can say I'm an ebow. Yeah, I'm an ebow boy.
- 2:47I'll stay in the East and I'll still blue, you know.
- 2:50But at a certain time in Nigeria, if you are in
- 2:53entertainment space and you have not moved to Lagos, you are not
- 2:57serious, You have not started. Even these guys are remedies.
- 3:02Yeah. Idris Abdul Karim and Russo.
- 3:03I think Idris Abdul Karim was a carnal boy, but to Blue, Idris
- 3:08have to relocate, come down to Lagos campaign dues in Lagos
- 3:12before the guy blew. So for the music industry, that
- 3:16used to be how it was for a while.
- 3:19Even in Weibo territory. You know that's how it used to
- 3:21be. In fact, some people who say
- 3:23it's still the same that if now music like country music and you
- 3:28want blue, you suppose enter the Texas and I can't remember then
- 3:35if it's movies and you want blue, you suppose enter
- 3:38Hollywood, you understand. So I guess we can ask a
- 3:44comparable question that in Nigeria today as at the time of
- 3:48making this episode, if you want to blue as a founder, if you
- 3:54want people to be singing your name from now on to the ends of
- 3:58time as one of the Nigerian big boys, big girls, you founded
- 4:03your Unicorn, your whatever. Do you have to relocate to Lagos
- 4:07before you come blue or make it big as a founder, as a startup
- 4:11founder? Now my answer is maybe, maybe.
- 4:19And This is why because definitely you need access to
- 4:22some founder networks before you come blue.
- 4:24The reason why you need access to founder networks is because,
- 4:28well, first of all, they give you a certain measure of
- 4:30confidence in your idea because you'll be talking about, you'll
- 4:34be talking to a couple of people who are also launching different
- 4:38kinds of startups, doing different kinds of things.
- 4:41So from watching and hanging around other people, you will
- 4:44get a fair sense of, OK, this is working, this is not working.
- 4:47So that might be good. Then hanging around founder
- 4:51networks in Lagos or in Osho or in Ogun, Let's see where else.
- 4:58OK, In Abuja, they have some incubators here.
- 5:01I think in Kano they also have some incubators.
- 5:03So hanging around those parts of Niger, especially Lagos, because
- 5:08Lagos is obviously the the home for this kind of activity.
- 5:11It'll give you access to social capital when you're in these
- 5:15founder networks. And remember over here on the
- 5:17podcast, when we say social capital, what we mean is what
- 5:22you know and who you know. Whether we like it or not, these
- 5:27things are absolutely essential to popping off in business and
- 5:31being successful. You need to know the right
- 5:34things and you need to know the right people.
- 5:37Of course, you also have to execute.
- 5:40So if you know the right things, you know the right people, but
- 5:43you're not executing, then you know nothing for you.
- 5:46So that's one of the advantages of moving to a place like Lagos
- 5:48so that you have access to these founder networks, So you have
- 5:52social capital, the shared learning that goes on, you know,
- 5:55all kinds of things. Then also, arguably, if you're
- 5:58in Lagos, you're going to have access to capital.
- 6:01When we say capital, we mean money that you need to start
- 6:04your business. So venture capitalists in Lagos,
- 6:10investment angels in Lagos, in cosmopolitan centres share.
- 6:14That's the reason why I said, you know, it doesn't necessarily
- 6:16have to be Lagos because it can be Lagos, it can be all gone.
- 6:19It can be all shown, you know, because even in the bad, I've
- 6:22heard of incubators there in Abuja, we have incubators in
- 6:27Carnal, they have startup incubators as well.
- 6:29But you have to be kind of like in the cosmopolitan centre.
- 6:33But then there's one reason 1 compelling reason quote, while
- 6:39lots of people want to go to Lagos so they can start their
- 6:42their startup founder career. And the reason why most people
- 6:46want to do that is because they are trying to get access to a
- 6:51tech Co founder pool. I repeat, there are some people
- 6:56who want to start the business. You want to be the next
- 6:58Zuckerberg, but you don't know gang, you don't know nothing,
- 7:01you don't know Shishi when it comes to code, like me for
- 7:04instance, like I want to be the next Zuckerberg but I don't know
- 7:07how to code. So does that mean I have to
- 7:10carry my 2:00 left legs, relocate from Abuja, carry my
- 7:14whole family, go all the way to Lagos so that I can blue and I
- 7:20can be the next Zuckerberg? So that in Lagos around all the
- 7:25different incubators and Co working spaces, I'm going to run
- 7:29into my tech Co founder and then we'll become billionaires
- 7:33earning billions of dollars of our business ideas.
- 7:37That's what we're going to look at today in the podcast.
- 7:39Do you have to move to Lagos to be a founder?
- 7:42Now some of you are going to ask.
- 7:44So if there are all disadvantages to, to being in
- 7:49Lagos, then why not just move? But remember I said maybe, maybe
- 7:56not, you know, because for the other advantages like access to
- 8:01shared learnings, you can get some of that online.
- 8:04That's one of the reasons why you're listening to this podcast
- 8:06right now anyway, because wherever you're based, whether
- 8:09you're based in Obama show or whether you're based in Sambisa
- 8:12Forest or whatever, the reason why you're looking, sorry, I say
- 8:15looking while you're listening to this podcast right now is
- 8:17because you're looking online and you're trying to see how you
- 8:21can get access to the right kind of learnings.
- 8:24That's the reason why you're following the right kind of
- 8:26social networks online. That's the reason why you're on
- 8:29YouTube. That's the reason why you're on
- 8:31podcast. That's the reason why you're on
- 8:33Zoom sessions. That's the reason why you're on
- 8:34LinkedIn, and that's the reason why you're making all these
- 8:38phone calls that you do. So you can have some of these
- 8:42advantages even if you're staying in some visa forest or
- 8:48even if you're staying in, you know, some forgotten local
- 8:51government in Nassau State. Sorry, my brothers who live in
- 8:55Nassau State. It's just that, you know, now,
- 8:58so I can be very, it can be, it can be dry.
- 9:01You know, I'm from Benning State.
- 9:02So to get to Banner State, we have to drive to Nassau.
- 9:05And man, some of your villages are, you know, like I used to
- 9:08think my apostasy village was really off the map.
- 9:11But Kai, there's some villages in Nassau State.
- 9:15Honestly, anyway, let me stop because I don't want to get
- 9:17counselled by Nassara boys or Nassara girls.
- 9:22So yeah, maybe you don't have to move because you can't be in
- 9:28Nassara. You can be in Maiduguri, you can
- 9:32be in Sapele and you can have access to the shared learnings
- 9:38just because you know the right places that you have to hang out
- 9:41online. Now, how about funding pools?
- 9:45Do you have to move to Lagos for funding pools?
- 9:48To be honest, I'm not competent to answer that kind of question
- 9:51because remember, my specialty is sales, sales coaching,
- 9:56business development, consulting.
- 9:58That is what I do. So I don't teach and I don't
- 10:03have networks and I don't have access when it comes to startup
- 10:06financing. So I'm not the kind of person
- 10:09who will tell you that, you know, go here to get started
- 10:11finance or stay here to get started finance.
- 10:14But arguably, for the sake of argument, arguably if you learn
- 10:24with, if you use good prospecting and researching
- 10:26motions, prospecting is when you have an idea for a product or
- 10:31for a service, and then you start reaching out to people who
- 10:34need that product, who need that service to see who's interested,
- 10:37see who's going to buy. In this case, if you're thinking
- 10:40about being a startup founder, prospecting would also involve
- 10:45you reaching out to people who might be stakeholders, who might
- 10:48be potential collaborators, who might be potential investors,
- 10:51those sorts of things. So with good prospecting
- 10:54motions, you're thinking, well, you're figuring out who might be
- 10:58interested and you have a good plan for how to reach out to
- 11:01those people with the tools that you have available, OK.
- 11:05And with good researching motions, then you might be able
- 11:11to have access to these funding pools because hopefully you'll
- 11:15be setting up phone calls with the right people, meetings with
- 11:20the right people. Then when it comes time to make
- 11:22the picture or whatever, then you know, you can enter bus, you
- 11:25know, night bus end up in Lagos and then you know from there go
- 11:28for the meeting and you know, stuff like that.
- 11:32So even though I don't have the, the knowledge or the specialty
- 11:38to say you have to move to Lagos or else you won't get funding,
- 11:42you know, arguably if you're good with prospecting and you're
- 11:45good with researching, researching, you can stay
- 11:47wherever you are, have access to the VC people, have access to
- 11:51the angels. And then when need be, just
- 11:54enter night boss sharp, sharp, sharp, you know, enter night
- 11:57boss today and then, you know, tomorrow by 12:12 to you're
- 12:03entering into Lagos, you know, find a friend's place, you know,
- 12:06bath, spray perfume and go for your meeting.
- 12:09And hopefully you, you since you do so arguably, OK, maybe you
- 12:16don't have to move to Lagos so you can get access to money to
- 12:19start your startup. Now, what about tech Co
- 12:24founders? Because remember what I said at
- 12:26the beginning that in Nigeria's history, at a certain time in
- 12:32the entertainment space, if you wanted to blow, if you wanted to
- 12:36be on Ray Power, if you're honest to be on AIT, these guys,
- 12:43KK and D1, they had a show on on.
- 12:47What was that show called? Again?
- 12:49I can't remember anyway, but they used to have this record
- 12:52label. That's where the remedies used
- 12:55to be on. But anyway, if you wanted to
- 13:00blow back then you had to be in Lagos.
- 13:04So can we see OK, and that's because all the movers and
- 13:10players, you know, were in Lagos.
- 13:12So cool FM AIT there was this radio station.
- 13:16I only used to play music. I remember it was called where
- 13:19daddy fees used to be on you know, all the players were in
- 13:24Lagos. So you wanted to blow, you had
- 13:26to be in Lagos. So by argument, some people can
- 13:30say, look, that if you want to blow but you know nothing about
- 13:34code, you are based in Makodi, you're based in Nassara, that
- 13:39you are too far away from where all the people who know code
- 13:43are. Therefore if you want to blow,
- 13:46you know nothing about code. You need a tech Co founder.
- 13:50You know you need a, a Co founder who knows how to do
- 13:53software, who knows how to do websites, who knows how to do
- 13:56apps, who knows how to do you know all that fancy stuff.
- 14:01So what about tech Co founders? Can you stay in Makodi?
- 14:05Can you stay in Maiduguri? Can you stay in Nassara?
- 14:08Can you stay in Sapele and have access to a tech Co founder?
- 14:14Do you have to leave Magudi, Nassara, Sapele, Maiduguri or
- 14:18wherever you are? Do you have to leave those
- 14:22places? Do you have to move to Ogun
- 14:23because Ogun is close to Lagos? Do you have to move to Lagos
- 14:26because Lagos is the very place itself?
- 14:29Do you have to move to Kano because that's the closest
- 14:32cosmopolitan city next to you? Or do you have to move to Port
- 14:35Harcourts because Port Harcourt is the nearest cosmopolitan
- 14:40center close to you? Do you have to do that?
- 14:46The answer is no. For those of you who've been
- 14:49listening to last week, they should not come as a surprise.
- 14:52I told you guys about my clients and how they're working on
- 14:56something that should help people ship their products
- 15:00easily. And I told you that I'm firmly
- 15:03behind them. I'm firmly behind my boys.
- 15:06And just in case you're wondering, is this an
- 15:08endorsement? Oh, yeah, definitely.
- 15:10It's an endorsement for sure. But that's the reason why I give
- 15:14my phone number at the beginning and at the end of every episode.
- 15:17Oh, I forgot to give my phone number.
- 15:18By the way, if you'd love to connect with me, my number is
- 15:2108064662140. You can call me.
- 15:26You can send me a WhatsApp message.
- 15:28You can send me a text message so you guys have my phone number
- 15:33because I'm going to tell you about my boys.
- 15:36You can go software factory. That is IKSF.
- 15:41And the reason why I'm throwing my weight behind them is because
- 15:45they're actually trying to solve this problem that if you want to
- 15:48be a tech Co founder, you're based in Makudi, you're based in
- 15:51Nasara, you're based in Sapele, you're based in wherever it is
- 15:54that you are based, you're based in Ranul local government.
- 15:59All you have to do is you have to go on to iksf.com.
- 16:05Sorry, iksf dot Ng. As long as you can describe your
- 16:10business idea in plain English, they will help you come up with
- 16:14your MVP. They will help you come up with
- 16:16your website. They will come up help you come
- 16:18up with whatever feature it is that you need to put on the
- 16:20Internet. They'll do that in less than a
- 16:23week. Apart from that, you're going to
- 16:29have a free web domain for a year.
- 16:32You're going to have free hosting for a year.
- 16:36And if you tell them that you came from me, all you have to do
- 16:40is use a discount code. You just type in TAV that is TAV
- 16:45or type in a YEDE that is IED. So you type that.
- 16:49You're going to be entitled to 20% off for whatever development
- 16:53that you want to do, whatever website you want to do.
- 16:58So the reason why I give my phone number at the beginning
- 17:00and at the end of every episode is if you reach out to these
- 17:03boys, that's IKSF dot Ng and they don't take good care of me.
- 17:09Sorry, not me. They don't take good care of
- 17:11you. Let me know so I can go and
- 17:14knock them on the head and say, look, this is no, we agreed.
- 17:18I've told my people, my people are showing up.
- 17:20You better take good care of them.
- 17:22So let me know. That's the reason why I give all
- 17:24of you my contact details over here.
- 17:28Now, if you don't have to move to Lagos because you need to
- 17:33meet TECO founders and there's a way for you to ship your
- 17:37product, there's a way for you to get your MVPMVP just means
- 17:40minimum viable product. A minimum viable product is the
- 17:44smallest version of your idea that you can put out there so
- 17:48that people can see exactly what it is that your software is
- 17:53about, that your app is about so people can engage in it and they
- 17:56can tell you whether this thing is a good idea or not.
- 18:01The reason why I'm moving quickly and getting an MVP is
- 18:04important is because it is a difference between you moving
- 18:07and your idea dying. For those of you who've been
- 18:10listening to the podcast for a long time, you remember that
- 18:13babe that I told you guys about, that babe based in Lagos.
- 18:16I think now if you don't reach like 4 years, I met her through
- 18:24this. Smedan was one of those Smedan
- 18:27events. Now the idea that she had I
- 18:30thought was brilliant. Now, the reason why I thought it
- 18:32was brilliant was because back in the day, my brother and I
- 18:36used to be in the export business and one problem that we
- 18:43used to have with export was this whole thing of logistics.
- 18:50You will call a trucking company.
- 18:53You will agree with the trucking company.
- 18:55They they're supposed to show up Wednesday 9:00 in the morning so
- 18:59they can move your charcoal. They can start moving your
- 19:01charcoal to the port or whatever time you agree Wednesday,
- 19:08Tuesday night, you could have called them.
- 19:11Nobody will answer call you send e-mail.
- 19:14Nobody respond to e-mail you send WhatsApp message.
- 19:17WhatsApp message is not going through no problem.
- 19:20Wednesday morning 6:00 you're calling them just to find out
- 19:23how far is the driver on his way?
- 19:25Is he close nothing. 8:00 nothing. 9:00 nothing. 10/11/12
- 19:33nothing. If you're lucky 6:00 PM
- 19:36Wednesday they will now drive into the village to come and
- 19:39pick up your consignment. Meanwhile, you people agreed on
- 19:43what do you agree on 9 O clock on Wednesday?
- 19:48So it's a problem that a whole host of us used to face in the
- 19:53export space, just trying to get your logistics right because you
- 19:55know how things are in Nigeria, getting people to respond on
- 19:58time is a problem. So this lady in Lagos, she had
- 20:04this idea that what if you could create something like an Uber
- 20:09app for logistics companies. In Niger, so that people who are
- 20:17in the export business or you know, do you know, they need
- 20:19logistics, you know, movement, you need to rent lorries and
- 20:22trucks and things like that. They could have an app like
- 20:24that, you know, so you need, you need a competent trucking
- 20:32company. You just go on this app, you
- 20:33find the company, everything works on time, blah, blah, blah.
- 20:36I thought the idea was brilliant, and the lady told me
- 20:40about how she had to raise money and this and this and that and
- 20:43that and that. And I told her what I tell you
- 20:46all over here on the podcast. I told her, look, no, OK, well,
- 20:50no, no, actually. But I told her, yes, you need to
- 20:51raise the money. But The thing is, in the
- 20:53meantime, what you need is an MVP.
- 20:56An MVP is a minimum viable product.
- 20:58There's the smallest version of the idea that people can see,
- 21:01see and engage with so they will know this is a good idea, this
- 21:04is a bad idea. So I told her, no problem, what
- 21:07you need is an MVP. How about getting an excel
- 21:10sheet? How about making some phone
- 21:11calls, talking to Fred Forders, trucking companies, blah blah
- 21:14blah. If people think that this is a
- 21:16good idea, you can start mediating this demand and supply
- 21:20manually. In other words, the app is not
- 21:23there, but you have the Excel sheet, you have everybody's
- 21:26phone numbers. When people need the service,
- 21:28maybe you put up a landing page or something, or when people
- 21:31need the service, they will call you.
- 21:32You are the one who will not manually start, you know,
- 21:34dispatching. You know, people are hooking
- 21:36people up and things like that. If people like that basic
- 21:42rudimentary idea because you just put up a landing page and
- 21:45then you are matching the manner, supply yourself.
- 21:48If that idea seems like it's moving, you will now be able to
- 21:51carry this, your Excel sheet on your landing page or whatever it
- 21:55is you built and you will now show investors to say this is my
- 22:00idea. This idea can work.
- 22:03Currently I have 250 freight forwarders, you know, 18
- 22:07trucking companies and you know, so far, you know, 327 exporters
- 22:13have used my landing page, should be able to hook up
- 22:19logistics and trucking. And so far, the idea has worked.
- 22:23There is a difference when you have an MVP.
- 22:26See, too many of you are going around to talk to investors and
- 22:30you're just begging, please give me money, please give me money.
- 22:33What if you show up to an investor, you say please give me
- 22:37money, this is a good idea. And this is what I have done to
- 22:40demonstrate that this is a good idea.
- 22:42It is a different conversation entirely but of course you know
- 22:49the level of work that I was talking about was too big and
- 22:51understandably you know the the lady was scared and next thing I
- 22:56know she started talking about SDG.
- 23:01Anytime I hear SDG now my blood dress the boil.
- 23:04I'm like what is wrong with you people?
- 23:07Yes, sustainable development goals are important, the
- 23:09environment is important and blah blah blah but because you
- 23:13can't hack it as a founder doesn't mean the next.
- 23:14You should used to become SDG advocate.
- 23:17All of them are just become SDG advocate.
- 23:19SDG advocate. Like relax, don't give up.
- 23:23If what you wanted to do was to be a founder at first try, get
- 23:29your MVP, validate the idea, show that this idea works or
- 23:37doesn't work. Figure out how to improve on it.
- 23:40Then go and start talking to founders.
- 23:42See how you can raise your finance, don't give up, and then
- 23:45become an SDG advocate. So we need to learn to move
- 23:52quickly, get your MVP. And that's the reason why I'm
- 23:57firmly behind IKSF dot Ng because if you go there,
- 24:03describe your idea. This is what I want to do.
- 24:07This is what I want to build, blah, blah, blah.
- 24:12My KSF is going to scope out everything, OK?
- 24:14To get this thing done, we're going to have to do it in four
- 24:17or five stages. To do it in stage, whatever is
- 24:20going to cost you this amount, do it in stage.
- 24:22This will cost you this amount. To do it in stage that will cost
- 24:25you this amount, you'll be able to plan.
- 24:29I'll be able to build execution idea in seven days.
- 24:32In other words, what I'm trying to say is for somebody like that
- 24:36Lady who spoke to me, some, you know, four years ago at Smedan,
- 24:40there is no need for you to know coding.
- 24:42There is no need for you to have to know a a tech Co founder.
- 24:48There are options. In fact, I said it the last time
- 24:52I spoke about IKSF dot Ng. You don't have to use them.
- 24:59You don't have to. There are people who are using
- 25:01AI to solve these sorts of problems.
- 25:02Do a search. All I'm just saying is the
- 25:04technology is now available, was now available.
- 25:10You don't have to be stuck anymore like you don't know a
- 25:13tech founder. Anyway.
- 25:18Whether you use them or not, the thought process is still the
- 25:24same. The principle is still the same.
- 25:29If moving to Lagos right now because you want to be a tech
- 25:32founder is not quite within the cards because you have a young
- 25:35family or you know your parents are old or whatever, or you just
- 25:38want to see how you go rough, you can rough it.
- 25:41The idea is to build an MVP, ship a product.
- 25:45The reason why is because there's something we call first
- 25:47move advantage. First move advantage just means
- 25:50sometimes when you move first, you'll be able to cement your
- 25:55place well so that competition can shift you.
- 25:59But of course, remember, the execution is key because Google
- 26:03was not the first search engine. Google was not, at least by my
- 26:08own remember memory. I know that we used to use
- 26:11Jeeves. We used to use Altvista.
- 26:15We used to use Yahoo, I think. Yeah, like Yahoo.
- 26:18We used to use our search engine back then.
- 26:20Then which one? The game was like 4 or five
- 26:23before Google. The ones that me, I know
- 26:25personal, personal. Ask Jeeves, then AltaVista and
- 26:30then Yahoo. Still maybe like 2 more.
- 26:37So execution is key. So it's not always that you have
- 26:42an advantage because you move first, since obviously we all
- 26:45know Google. Google didn't move first.
- 26:48I think they were like #5 I'll be #6 or number.
- 26:52Anyway, I'm not a tech commentator so don't quote me.
- 26:58Then another reason why I should just get your MVP and get moving
- 27:01is because like if that Lady had started.
- 27:05By the way, I've been keeping an eye on that space and it doesn't
- 27:07look to me like anybody has come up with an idea similar.
- 27:11I think the best I've seen so far is this whole thing with
- 27:14Uber. Is it Uber logistics or both
- 27:16logistics or something like that.
- 27:18Where you know, if you need things delivered, you can hook
- 27:22your bolts to do it and you know, stuff like that.
- 27:24So it's a similar idea, but not on that scale of, you know,
- 27:27having these big trucks, you know, all these huge trucks now
- 27:30tippers to come and carry your farm produce and carry your
- 27:34stuff and ship it to the port in, in Lagos.
- 27:39So now that level. But The thing is, if you just
- 27:42get an MVP and you start moving, you will get some market
- 27:45validation. The stakeholders in the market,
- 27:48the people in the market, they will tell you whether this is a
- 27:50good idea or not. If you have started on nothing,
- 27:54freight forwarders would have told her young lady, this is not
- 27:56a good idea. Nigerians don't care.
- 27:58Nigerians are OK with trucks not arriving on time or business
- 28:02people or other stakeholders would have told her that look,
- 28:04this is a crap idea. But if it was a good idea like a
- 28:07suspect, people would have been like a young lady, where have
- 28:10you been or more? This is a huge problem and this
- 28:12thing needs solving now. Getting an MVP and just moving,
- 28:21you'll be able to get a sense of people will know whether you'll
- 28:25be able to know whether like this is a problem worth solving.
- 28:29People are willing to pay for it and they keep they can't pay for
- 28:32it at a price that will make sense for me.
- 28:37But the most important reason why I say move and I say move
- 28:39now is if you gain some validation and you sure that
- 28:46this thing works for those of you who are thinking should I
- 28:49move to Lagos at least because of the the funding
- 28:55opportunities, you know, access to VC and access to angels.
- 28:59When you validate this thing, it will give you more confidence to
- 29:02tell your wife that you know what babe, are they come and
- 29:04they relocate to Lagos for a while, you know, 2-3 months and
- 29:08see how this thing is going to work.
- 29:09Or you tell your parents, Mommy, daddy, I know you want me to go
- 29:12and work in NPC, but honestly speaking, I want to be an
- 29:15entrepreneur blah, blah, blah. It is my life's calling this
- 29:18thing they work blah, blah, blah, blah.
- 29:20Let me tell Lagos, let me see how much funding I can raise.
- 29:24At least if you validate the idea, if you show yourself and
- 29:27you show your people, show your family, show your parents that
- 29:30look, this progressed, you know, that's what you might need.
- 29:34That's that might be the permission that you need to to
- 29:36get going to get moving. So please start just launch.
- 29:42And the reason why I'm throwing my weight behind these these
- 29:45guys IKSF dot Ng is because this thing pains me.
- 29:51It pains me a lot. It pains me that I meet people.
- 29:55Brilliant idea. We talk in December and then a
- 29:59new year. Oh, how far.
- 30:01Oh, I'm coming, I'm coming, I'm coming.
- 30:02Oh, I'm planning, I'm planning. Oh, I'm branding, I'm branding.
- 30:04Oh, I'm coding, I'm coding, I'm this and this I'm planning to
- 30:07plan. This thing happens a lot.
- 30:10This thing happens a lot. Too many business ideas die.
- 30:14Anyway, let me start. Let me not over flog.
- 30:19Let me not over flog this thing. Let me just leave you here.
- 30:27But summary, do you have to move to Lagos to live out your dreams
- 30:33of being a startup founder? Maybe, maybe not.
- 30:38If you want access to the learnings, if you want access to
- 30:41the social capital, if you want access to the learnings, we can
- 30:45do the learnings online. If you want access to the
- 30:49funding, you can do some prospecting and researching so
- 30:52that when need be you can travel down to Lagos and see how much
- 30:55money you can raise. But if it's for this whole thing
- 30:58of the tech part, you need a Co founder or you don't know how to
- 31:01code, there are options available and you don't need
- 31:05that anymore. So if you do check out iksf dot
- 31:10Ng, just let them know that I'm the one who sent you the promo
- 31:17code is TAV that is TAV or IED AYEDE and that will entitle you
- 31:24to 20% off. And then I give my phone number
- 31:30at the beginning and at the end of every episode 08064662140.
- 31:36The reason why I'm giving this phone number is if you reach out
- 31:39to them and they don't treat you well, let me know because these
- 31:43are my guys so that I can go and correct their skulls if need be
- 31:47to say, look, this is not we agreed.
- 31:49So let me know if they treat you right.
- 31:53Well, hopefully for those of you who have start of dreams, maybe
- 31:55this is one option that's available.
- 31:57And by the way, thank you to a listener of the podcast who
- 32:01reached out. I'm not going to use a real
- 32:02name, but I'll just call her Jane Bosco.
- 32:05So if you're listening and you're wondering, is this me,
- 32:08Yes, that is you. Thank you very much for
- 32:12listening to the show and thank you very much for the feedback.
- 32:14Jane Bosco is in the fashion space.
- 32:17She hasn't started yet. She's planning to plan.
- 32:20She loved the first two episodes of the podcast that she listened
- 32:23to, but she thought I was being too promotional.
- 32:26But I thank you very much for the feedback.
- 32:30I really love the fact that those of you who listen to the
- 32:32podcast, you guys are very honest, you know, very
- 32:36forthcoming, very. You know, I know you guys love
- 32:38the show, so you do whatever it is or you say whatever you think
- 32:42you need to say to make sure that I build to the podcast the
- 32:46right way. So thank you very much, Jane
- 32:48Bosco, for your contribution. Yeah.
- 32:52I didn't take permission to use your real name, so that's why
- 32:54I'm not using it. Or please, Jane Bosco, you say
- 32:58you are planning to plan. Please stop it.
- 33:02He pains me especially when I'm talking to would be female
- 33:05founders and entrepreneurs who keep on planning and planning
- 33:08and planning. Please stop it.
- 33:10It doesn't have to be my guys but there are options available
- 33:14if brand and website are the things that are holding you
- 33:16back. Please people have already used
- 33:18AI to solve these problems. Do your research.
- 33:21Get moving please. Time is going, time is going,
- 33:26time is going. Anyway, let me stop here.
- 33:30So thank you very much for your time and attention.
- 33:31I'll catch you all at the next episode.