Blog
Musbahu El Yakub

CBN Press Release

Highlights: COVID-19: CBN To Inject N1 Trillion Stimulus on Economy …Meets with Bank Chiefs on March 21…Health sector to get additional N100b loan Boost ABUJA – Two days after it unveiled a six-point palliative to ameliorate the continued impact of the corona virus on the Nigerian economy and supply chains

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Musbahu El Yakub

Small Business Titbits: Technical Preparation

We had, earlier, discussed the first of the requisite preparations that an aspiring entrepreneur should arrange, Mindset Preparation. After comporting their mind as to their ability and willingness to emotionally and socially do what needs to be done to achieve business success, the aspiring business person should then embark upon

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Musbahu El Yakub

Small Business Titbits: Mindset Preparation

Starting a business is a long-term commitment. And as with every worthy endeavor, preparation is key to success. In business, I am of the opinion that there are two important types of preparations: Mindset preparations and Technical preparations. Why are these two preparations important? Statistics reveal that 20% of small

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Musbahu El Yakub

Musings of an Entrepreneur: Of Gross Domestic Product, Institutions and Culture in a Developing Economy

Summary: I want to suggest that the bane of underdevelopment in many countries is not necessarily the lack of institutions as is often argued by many professionals and commentators. If anything, many developing countries are actually ‘over-institutionalised’, leading to wieldy bureaucratization of otherwise simple issues and processes that leads to

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Musbahu El Yakub

Documentation and the Entrepreneur

Some few years ago, a bank that had acquired another made contact with a small IT company I was associated with. In an aggressive way, the bank demanded for loan repayment it claimed the company owed the bank it had acquired. Apparently, the acquiring bank had fired all the staff

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Musbahu El Yakub

‘WE HAVE A PROBLEM’ – Handling Business Crises

Individuals and organisations face crises at various points in their lives. How we handle the crises we face may affect, for better or worse, everything else that happens in the future. At an extreme end, poor handling of crises can actually lead to the demise of a business. As an

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Musbahu El Yakub

The Circles of Relationships

The innate social disposition of the human being necessitates that long-term and sustainable success is predicated on the extent of healthy relationships with other people. Different individuals may have different social inclinations as well as ‘needs’ for different extents of interactions with others. However, what is incontestable is that we

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Musbahu El Yakub

My Books: Place Your Order

I have, so far, authored three books that will certainly help the entrepreneur. The first book is on business start up in Nigeria. This is a very important book as it brings out the several issues that must be considered before starting a business. Ideas generation, idea testing, feasibility study,

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Musbahu El Yakub

Wrong Business Assumptions can Kill: The A380 Story

Every business makes certain assumptions, deliberately or unconsciously. Industries are created or disrupted when assumptions made are proven true by markets. All successful businesses are built on assumptions that prove true. The development and growth of the fast foods industries, as well companies like Amazon are examples. Similarly, losses and

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Musbahu El Yakub

Path to Success: Everything Should Start With a Purpose

“If you have a strong purpose in life, you don’t have to be pushed…” – Toy T. Bennett One of the reasons many people fail to achieve anything meaningful in their careers and lives is because they failed to identify their true career and life purpose. Even when they can

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Musbahu El Yakub

Hard Work and Perseverance

“Without hard work, nothing grows but weeds!” – Gordon B. Hinkley Depending on specific calling in life, one capacity or talent or a combination of a few or many, may be the critical factor or factors for success. But one factor common to all is plain old hard work. The

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Musbahu El Yakub

What Books Will You Read in 2019?

Many people plan against upcoming new years. Plans on finances, habits, relationships, etc. are made elaborately. But do you have plans on what books you will read in the coming year? The most successful people in the world continuously make conscious efforts to develop themselves in various facets of life.

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Musbahu El Yakub

Delegation – A Key to Ultimate and Long-term Success

The Corporation: The corporation is one of the great inventions of man. They are all formed to achieve some objectives that affect humanity at some level, extent or another. This may necessitate just a few or several people working together and doing many things. Typically, superior officers, in a scalar

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Musbahu El Yakub

Entrepreneurial Tit-bits: Keep a Confidante

I have mentioned elsewhere that as a young entrepreneur you have to build a personal tribe as well as a business tribe. I also discussed elsewhere that you should have a mentor. The tribes are groups that, if made use of wisely, will add value to you and your business.

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Musbahu El Yakub

Entrepreneurial Tit-bits: Read Biographies

Irrespective of our callings in life, we all, each, have opportunities as well as face various challenges. As an entrepreneur, you will frequently get pulled back by headwinds as well as some push from tailwinds. Both can become opportunities or constraints depending on how you respond to them. Scientists generally

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Musbahu El Yakub

Opinion: High Costs of Imports

The ultimate cost of imports into our country is composed of the following: Free on Board (‘FOB’): The actual cost of the goods the importer in Nigeria pays the exporter for the goods and its delivery to exporting ship. Freight: The cost of shipping the goods from the exporting country

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APERTURE CONSULTING

My Quotations Gallery

Order Your e-Book on Crisis Management here!

Order Your e-Book on Starting a Business here!

Order Your e-Book on Business Borrowing here!

Order your e-Book on ‘GETTING THINGS DONE’ here!

Central Bank of Nigeria

Bank of Industry – Short, Medium and Long-term Financing

AVAILABLE ON AMAZON…

Nigerian National Petroleum Corporation

MY BOOK RECOMMENDATION

On YouTube

Business Power Tools

Business Power Tools provides businessmen and consultants with various products that ‘…infuse higher consciousness into business and practices..‘ thereby ‘…transforming how entrepreneurs think and act as they build and run their companies..‘ They develop and provide software templates that help make it efficient for you to deliver your products and services.

Webhostinghub

Webhostinghub provides a full range of web hosting services. They include domain registration, hosting services, web design, eCommerce and several more. Visit them for more details…

Click to learn more about why we recommend the KickStart 2-page feasibility analysis and summary business plan software template