Category: Archives

Archives
Musbahu El Yakub

Young Entrepreneur Meetup

Sat, January 21, 2017,  10:00 AM – 1:00 PM WAT Capital Square 2nd Floor, The Garnet Building Km 14 Lekki-Epe Expressway Igbo Efon, Lekki, Lagos

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Musbahu El Yakub

Staff Training and Development

All entrepreneurs need to constantly keep developing and improving themselves and their staff. We have two training programs available geared towards this objective. One program

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Musbahu El Yakub

Information Security

The security and integrity of your information and data is very important. You will therefore frequently need various tools such as anti-virus and internet security.

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Musbahu El Yakub

Accounting Software

We have also mentioned the importance of keeping relevant business records. As an entrepreneur, you must be able to get real time financial status of

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Musbahu El Yakub

Business Planning

As mentioned in our various articles, business planning is important and necessary before any business take-off and/or expansion activity. I recommend BizPlan Builder by Jian.

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Musbahu El Yakub

Supply Chain Management

A business must create competitive advantages to survive the onslaught of competitors. To do this, the business may focus on a particular area to excel

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Musbahu El Yakub

Business Performance Review

  In previous posts, we have discussed budgeting and planning as the separate issues they are. This post attempts to bring out the importance of

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Musbahu El Yakub

Business Execution (II)

  Our last post on Business Execution essentially focussed on the following: Definition of Execution, Benefits of Execution, and Creating a System of Business Execution.

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Musbahu El Yakub

Business Execution (I)

There are four traits found in entrepreneurs, as follows: Those who do not plan, Those who plan but do not execute, Those who ‘execute’ without

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Musbahu El Yakub

Innovation in Business

Innovation: The Conference Board of Canada defines innovation as ‘the process through which economic and social value is extracted from knowledge through the generation, development,

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Musbahu El Yakub

Budgeting

Most small business operators do not bother to plan and draw their budgets. This is dead wrong. As most businesses have a financial year that

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Musbahu El Yakub

Team Building

”Teamwork is the ability to work together toward a common vision.” — Andrew Carnegie Entrepreneurial ideas frequently emanate from solo thoughts, observations or discussions with a

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Musbahu El Yakub

Business Intelligence

The quality of our decisions, and the results we get therefrom, are dependent on a few factors as follows: The quality and quantity of information

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Musbahu El Yakub

Risk Management

Small and medium enterprises are prone to various risks that may stagnate their capacity to grow or even threaten their existence. It is therefore important

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Musbahu El Yakub

Business Competition

Except you are one of the very few entrepreneurs that have either developed or created some entirely new product or service, you are very likely

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Musbahu El Yakub

Branding

Most budding entrepreneurs either have only a faint idea of exactly what ‘branding’ is or at worse believe it has no relevance to their business.

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Musbahu El Yakub

Business Modelling

What is a business model? Key to success in any endeavour is to decide exactly what you want to achieve and then set about how

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Musbahu El Yakub

Cost Control

Investments and expenditure are necessary for any business to achieve and maintain the capacity to deliver service. However, it is equally important to ensure that

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Musbahu El Yakub

Business Metrics

“You get what you measure. Measure the wrong thing and you get the wrong behaviours.” – John H. Lingle We have mentioned severally in other posts that

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Musbahu El Yakub

Staffing

“I Am Convinced That Nothing We Do Is More Important Than Hiring And Developing People. At The End Of The Day You Bet On People,

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Musbahu El Yakub

Customer Service

We have just posted on the importance of selling in the success of any business venture. I want to now discuss an extension of that:

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Musbahu El Yakub

Start Selling

Every function is important in business. From your supply chain management to production; from personnel management to finance and administration; from design and engineering to

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Musbahu El Yakub

Start Right!

Here, we presuppose that you have already developed your business plan, raised the funds you require, employed the first set of your staff, bought or

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Musbahu El Yakub

Self Management

“The individual who wants to reach the top in business must appreciate the might and force of habit. He must be quick to break those

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Musbahu El Yakub

Being the Boss

Most people view ‘being the Boss’ as an opportunity to enjoy various benefits, perks, and privileges. The benefits, perks, and privileges are definitely nice. But

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Musbahu El Yakub

Focus

Over the years, the success of a business enterprise at all stages has been linked to capabilities in leadership, innovation, customer service, supply chain management

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Musbahu El Yakub

Bootstrapping

Most young entrepreneurs assume that funds is the most important resource they need to start their ventures. Whilst funding is an important element in the

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Musbahu El Yakub

Find a Vacuum and Fill it

Business is both easy and tough. It is easy to the extent that it almost always simply involves identifying a need and satisfying it. It

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Musbahu El Yakub

Getting Things Done

Getting Things Done: As I mentioned in the write up on prioritisation, nothing happens in life until we get something done. In fact, if we

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Musbahu El Yakub

Prioritisation

Prioritisation: Everyday we take literally hundreds of decisions in our lives. The net position of our lives on any given day is a reflection of

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Musbahu El Yakub

Business Planning

Business Planning: Our last write up was on ‘Testing Business Ideas’. This was basically to enable you check the possible feasibility of your business idea.

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Musbahu El Yakub

Testing Business Ideas

Testing your Business Ideas: Succeeding in business takes a number of several things done right. After coming up with an idea, it is imperative that

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Musbahu El Yakub

Generating Business Ideas

How to Generate Business Ideas: We should first understand that businesses basically solve some problem or create some convenience for which a sufficiently large number

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