Monday, November 19, 2018

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CENTRAL BANK OF IDEAS by Kachi Ogbonna

  Brief Introduction Central Bank of Ideas is a smorgasbord of innovative business ideas.  It is a 210 page book divided into three parts with a...

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I have been thinking🤔 Which is more important to a business A. Timing B. Business Model C. Team D. Finance E. ideas 🤔 , _while you make your choice, consider these hints_👇🏼 🤔 On A.… instagram.com/p/BqXcFfpnRW9/…

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I have been thinking🤔 Which is more important to a business A. Timing B. Business Model C. Team D. Finance E. Ideas 🤔 , _while you make your choice, consider these hints_👇🏼 🤔 On A. *Timing*: Casio had a touch screen watch in 1984 (same year the original Mac was created). But Apple 2 decades later made a killing with it through the iPhone. *How important is timing in business* : By the way, ever heard of Zoom? Zoom launched a year just before YouTube, same idea, service and all. _But that was at the time when, broadband internet, flash players and video streaming was a challenge_. So it couldn't scale. Just the following year, telecom companies, fixed some of these issues. YouTube launched that year and was a child born in due season. A wise man once told me, when you arrive too early, you'd be gone too soon_. . . . On B. *Business Model* : forget MBA's and business school jargons, in lame terms, *a business model refers to how an organisation hopes to capture and distribute value for profit* The big question is, should it be static or dynamic? How often should we visit our business model when it hits resistance; or should every resistance be seen as an assistance if you have the persistence? On C. *Team*: _To go fast, go alone. But to go far, go together_. Not every team is an asset, some will stress and deviate you from your vision. In the process of trying to give light, some will burn and melt you down, candle style. Don't just get team members get partners who complement you. Growing your startup through strategic partnerships is a key differentiating strategy. As Ralph Waldo Emerson wrote “hitch your wagon to a star.” But at what point do you exit, add or change a team or team member? . . . On D. *Funding*, remember that in the idea of raising money, consider the following: Less than 1% of startups ever get VC funding and most of these startups fail. Raising money is extremely time consuming. This is worse in a country where people are not ascertive enough to say no, they just waste your time. Think of it as a full-time job on top of building your business. Start with what you have and the rest of the tools you need will be found on the way. ©Hexavia!

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Let's talk love 😍😍😍🤡🤡🤡 . : Is love really enough? A pastor at a church told all the young men in love and wanted to get married to come out for "anointing for marriage", as the men rushed… instagram.com/p/BqU5AUPHdwE/…

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Let's talk love 😍😍😍🤡🤡🤡 . : Is love really enough? A pastor at a church told all the young men in love and wanted to get married to come out for "anointing for marriage", as the men rushed out, he asked all those without a job to go back. lol #ChurchFOrTheStreets . . Stop reading your bible upside down. It wasn't love that attracted Ruth to Boaz, it was what he had and who he was. You can't keep telling him or her, "love me for who I am". Who are you and what are you bringing to the table? . . Don't let anyone fool you, women need more than love to keep them. It takes more than that to also get the right one. Trust me. . . I asked a mentor of mine about marriage and women, he mentioned three things to look out for and love wasn't a part of it. I asked why and he said, "You'd find that when you find the right person". . . I dont know all of the scriptures, but one of the sweetest love stories in the bible to me is that of Ruth and Boaz. But a technical look at it, it showed more common sense than love. You need common sense more. . . In that bible story, Ruth's husband died which refers to Naomi's son. Ruth dedicated her life to taking care of her Mother-in-Law Naomi whom they were both broke till he found love again in Boaz. Yes, the rich and kind Boaz. But that story isn't that simple. I do believe that Boaz and Ruth loved each other as time went, but what I see at first sight is a woman that eyes and seduces Boaz by removing the corners of her boss's robe and laying on his feet without his consent. That could have been translated as subliminal sexual harassment today. Thats what success does to men. I know women wont understand this, they shouldn't anyway. And then I see in both of them later on an eventual pursuit for a marriage of convenience for everyone involved. Boaz gains property. Naomi gains security. Ruth gains both security and a son, which is like double security (#thepatriarchy concept of the Jews), and something Mahlon, Ruth's first husband never gave her, in ten years of marriage. . . Don't let anyone fool you, Love Is Not Enough. Be more. #ChurchForTheStreet is a sunday #HexavianSeries and also a book. DM me to get it.

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Which Would You Rather Be: A Big Fish in a Small Pond or a Small Fish in a Big Pond? . . . My Advice is that you should be a Small Fish in a Big Pond. It helps and inspires you to do… instagram.com/p/BqTx0fcnkZg/…

We all need accountability partners; let Hexavia be that to your dream, team and firm. . . . To go fast is to go alone, to go far, let’s go together. Show me any great front end… instagram.com/p/BqRmhI9HhW-/…

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We all need accountability partners; as the year ends, let Hexavia be that to your dream, team and firm. #CorporateRetreats #CorporateRestructuing #BusinessPlanning . . . . To go fast is to go alone, to go far, let’s go together. Show me any great front end accomplishment and look deeper and you’ll see a secret, a stronger back end that supported it. . . . At Hexavia, what we basically do is to play that all important back end to a lot of successful front end companies. We offer back end services for their dreams and ideas, (strategy and trainings) and to emerging great organisations you know. *The key to greatness whether in business or in life is to find the right team,* a collection of people who are more passionate, far better than others and even the best at what they individually do. This starts when you identify your strength, and then outsource your weakness, which is someone’s strength. This is the actual concept of HBC, thats why we promote collaboration more than anyone else with a guiding concept that says *“none of us is as smart as all of us”.* Business is filled with problems, people around here in our HBC community (with over 500CEOs nationwide), are filled with solutions. Leverage on it. How can we be of help? ©️Hexavia! #GoFurther We all need accountability partners; as the year ends, let Hexavia be that to your dream, team and firm. #CorporateRetreats #CorporateRestructuing #BusinessPlanning . HR and Trainings. Business, Start Ups and Corporate Restructuring. Projects. Consulting. *Visit the Hexavian Academy today 👉http//:academy.hexavia.net take a course and earn a certificate*

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Inspiring Change Through StoryTelling. #Today'sEvent #OrientalHotels #OilandGasConference . . As a CEO, I discovered that my role is actually that of a CCO, Chief Communications Officer.… instagram.com/p/BqNSoGYnl28/…

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Inspiring Change Through StoryTelling. #Today'sEvent #OrientalHotels #OilandGasConference . . As a CEO, I discovered that my role is actually that of a CCO, Chief Communications Officer. So I started investing so much in it. We have started an internal process of automating and outsourcing every part of Hexavia except passion and communication. In my years of business, I have come to the conclusion that in our lives, family, organization or business, it’s always less than 20 percent of our entire activities that brings 80 percent of the results. Mine is communication. Most people actually haven't realized theirs. Your role is to realize yours. And then communicate that 20percent with charm, aura and drive. There's so much you can do with communication. ******Let me tell you a quick story of the power of being charming and passionate. It's a story of the biggest disruptors in Nigeria's political history, Nzeogwu, the coup plotter of the bloody 1966 take over******** _ It was oratory, courage and great communication skill that got Major Nzeogwu to rise fast into being made an instructor of the Nigerian Millitary training college. After Igbos were consistently massacred in foreign land, it was his passion and communication that made him a leader in the 1966 coup that killed two Premiers of Northern Nigeria, a Prime Minister, a federal minister, and top army officers from the Northern and Western regions of the nation. I believe till today, there is that stamp and message that Igbos are stand ups. When the Biafran war broke out and he took sides with his home, what history doesn't quite spotlight is that Nzeogwu was admired and feared in equal measure as Ojukwu. Obviously they both didnt quite get along too well. They both had charm and were great communicators. He was admired for his intelligence, oratory, warmth and charm. History has it that he was such a story teller. Anyone can achieve that feat. As a CEO, you have to have the ability to engage and tell good stories as a way to make your point and perpetrate your vision. GoFurther. Eizu, ©Hexavia! Strategy. Business StartUps and Corporate Restructuring Consulting

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*#HexavianTips* For your desired future, create results or create excuses.. . . . Bear this in mind that the future is not in front of you, but inside of you! The fate of our future is in… instagram.com/p/BqMpdNpHm7i/…

Stats for the week have arrived. 15 new unfollowers. Stats via crowdfireapp.com/?r=tw.

Whoop whoop🙌🏼🙌🏼🙌🏼 Please feel free to check it out and give your feedback. instagram.com/p/BqGhPzdHYka/…

The Igbo master -aprentist model. The likes of Andela, Hexavia and co uses its refined version. But what can we learn from it? . . , 👇🏼 The truth is that the moon has no light of its own… instagram.com/p/Bp2JFPZn_XG/…

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The Igbo master -aprentice model. The likes of Andela, Hexavia and co uses its refined version. But what can we learn from it? . . , 👇🏼 The truth is that the moon has no light of its own but as long as it stays close to the sun, its reflection of the sun's light is guaranteed so it can fulfill its assignment. #Symbiosis #masteraprentice model . . The masters supplies experience to the aprentist over time while he serves. At the end of that phase he settles him with funds to start up. The young guys called "nwa-boy" on the other hand brings a lot of speed and innovation to their quite slow and big belly masters business because of their age ( try going to buy spare parts in Ladipo, or electronics in Alaba, or clothes in Yaba or Aswani, shoes in Idumota or bespoke suit in Ariaria in Aba/Sabongarri in Kano you see that those boys can never let you go without providing you what you want even if it means running a mile in less than 4 minutes from a neighbouring market that has it. The whole of Coscharis and Innoson, GIG logistics ( God is Good Motors), and all the luxury bus transported came was built on the same model. While we easily understand the role of the masters, we fail to see how much the young ones with inexperience has value too.. Dear Rookie, as a starter or visitor to your industry, your lack of experience can be the greatest asset and gift to the innovation your industry needs. The bad news is that people with experience, who claim to know what they are doing, they have formed boundaries already, they know the rules as to what is possible and impossible already; but you do not, already. And sometimes should not. This is the only way innovation can be born. I was reading a Peter Drucker book on management and it hit me that there is a proven fact with track records that for any system to experience social disruption of an industry that leads to innovation and then growth, the spark to that innovation can only come from someone external of a system. This is where consulting and we as consultants most times come in. We are not in your system, that why we work effectively. Eizu, ©Hexavia! Strategy. Business StartUps and Corporate Restructuring

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Growing and engaging with the right tweeps - gained 3 new followers in the past week, courtesy crowdfireapp.com/?r=tw

What can you be the first to do? While we all keep saying that the economy is bad, while Nigerians keep fleeing to Canada and Malaysia, why do you think Indians, Chinese, Americans and… instagram.com/p/Bpm-vD3FO_g/…

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What can you be the first to do? While we all keep saying that the economy is bad, while Nigerians keep fleeing to Canada and Malaysia, why do you think Indians, Chinese, Americans and even Lebanese are still here? . . *Life in this country is like a dinner table, you are either on the table or on the menu*. If you’re on the table, you are eating, if you happen to be on the menu, you’ll be eaten. Be on the table. It starts from creating hope from within you, then being creative with it tangibly, being among the strategic thinkers and initiators to have the first mover advantage? *We need more self starters..* . . Like Ben Bruce’s Silverbird Group which paved the way for the current Cinema, entertainment and malls, business boom in Nigerian. While Kumuyi’s Deeper Life stopped his members from watching TV, Rev. Idahosa became the first to take his ministry to our homes via the same TV in the 90s. That first move paved way for the trends by Zoe Ministry, Wonder City, TREM, Pastor Chris’s Atmosphere for Miracle which gave the leverage for Christ Embassy. The likes of Idahosa showed what media mixed with grace can do, he mentored Oyedepo, which mentored Ibiyeomie of Salvation Ministries, Enenche of Dunamis, Poju Oyemade of Platform and Convenant Christian Centre, Sam Adeyemi of Daystar, Akinlabi of Elevation et al. *It all starts from a first mover.* Like Raymond Dokpesi’s Ray Power and AIT paved way for media, Dangote paved way for manufacturing and Elumelu for Conglomerates that gives back. I believe that Fela Durotoye paved the way for trainers and Motivational speakers, Pat Utomi’s LBS which paved way for world class private learning institutions, these are men with guts; the type we need. . . These guys were here first, growing Nigeria and are sweeping out fast . In the voice of Linkin Park’s Numb/Encore *What the hell are we waiting for? *We need first movers..* . . Like Henry Ford who brought cars to the everyday American while recreating the modern lifestyle we know, like Edison and JP Morgan who invented the light bulb, we need more creators. Join us: Eizu, ©Hexavia! Strategy. Business StartUps and Corporate Restructuring Consulting T: 08035202891

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Almost two two decades ago, no one really wanted a phone without a key pad and just one button in the middle when Apple created that. Recently, new series of iPhones, including my iPhone… instagram.com/p/BplppefnclO/…

How Mastery Works 👇🏼 We all know how much more deeply we learn when we are motivated. If a subject excites us, if it stirs our deepest curiosity, or if we have to learn because the stakes… instagram.com/p/BpjXp4knxSV/…

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We all know how much more deeply we learn when we are motivated. If a subject excites us, if it stirs our deepest curiosity, or if we have to learn because the stakes are high, we pay much more attention. What we absorb sinks in. If we find ourselves in France needing to learn the language, or suddenly in love with a French woman who speaks little English, we can learn more in a few months than four years of French classes, no matter how good the teacher. In other words, our level of focus will determine the depth of our learning. . . If we multiply such deep concentration over enough time, we can master anything. Examples can be cited of this—Darwin and the development of his theory of Natural Selection, Einstein and his theory of Special Relativity, Thomas Edison and the development of the electric light bulb, Henry Ford and the Model T, John Coltrane and the revolutionary music he came to produce, Martha Graham and the creation of modern dance, etc. In all of these cases, these masters were impelled not by a desire for money or fame, but an intense interest in problems, ideas, and the nature of their work. . . A great contemporary example would be Steve Jobs. What fascinated him since early childhood was the intersecting point between technology and design, how technology interacts with people and changes their way of thinking. This subject obsessed him. He went through a lengthy apprenticeship with his first period at Apple and then with NeXT. He had many failures and learned invaluable lessons. By the time he returned to Apple in 1996, he had accumulated an incredible depth of knowledge about the design of technology. It was the function of close to twenty years of experience and thinking on the same problems. He had come to master something almost intangible—the ability to sense trends well before others. This formula of desire x time can be applied to artists, athletes, chess players, inventors, biologists, and any other field. . . . However not only were some of the above Masters gifted or had some natural inclination to be good in these areas, they also did one very important thing, which is that they *took advantage*

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