5 Steps to Raising Business Capital for StartUps & SMEs

25 Aug
"...Derick is a good cook for a guy! Like he is a chef, trained one with many food exhibitions and successful projects to his credit. I met Derick as a guest at a musical tour event by a popular artist in the south of Nigeria. We connected, shared ideas and chatted about the growing rate of entrepreneurial spirit in the continent of Africa, Nigeria particularly. As for business goals, Derick wants to open a food and confessionary restaurant, so he took the usual road; spoke to family members, spoke to friends using the successes of all his previous projects and exhibition as traction, didn’t even ask for free money but went the hard road of asking for loans and investment funds from these guys but met lots of brick walls. Get this right, he didn’t meet brick walls because these guys didn’t have the money, they are friends, and family members he knew well they could afford what he was asking for. They have hung out severally to have drinks with running over and above the amounts, he asked from each fellow. Guess what he didn’t get the funding support. For whatever reason or reasons, they were less concerned about his business growth and more concerned about having drinks and partying when they can. Was Derrick able achieve his business goal? We would that find out later...." The above is a portion of the introduction to this new ebook - SEED FUNDING SECRETS. This kind of scenario is what an average startup or SME entrepreneur face daily in the African space. Continue reading

#AskSilasDairy 008: How #ProjectCEO gave birth to the Ignite Nation

31 Jul
For those that have been following my Vlog and social media updates, #ProjectCEO isn't news to you anymore. #ProjetCEO is our annual business development class (Read more about it here About #ProjectCEO). It held in 4 cities thise year (2017)...
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Over 330 million Was Made Last Week On Big Brother Naija… How Much Did You Make Last Week?

5 Apr
ebukaHonestly, I think I was among the first set of people to punch my calculator app when Ebuka announced that the show has 11 million votes last week. I had waved off the idea of trying to count other people's chickens while I'm still among my own eggs until the wave came in on social media on Monday and it's still spreading as I post this... A few weeks ago we were comparing Sir Shina Peters and Jim Ovia of Zenith Bank as to their decision of how they spent their own N20 million. Emphasis on their own.... The money isn't yours before you say this or that... It's not yours! Now here's my 2 Kobo on this whole financial intelligence related trends (which of course many have ignored). Continue reading

StartUp Business Conference 2017: The Business of Skill

15 Jun
sbc2017 flyer official meHello and Welcome I am Silas Ozoya,

I am an Entrepreneur, Business Developer, Teacher and an Entertainment Freak.

Every year I have a goal of raising 10 entrepreneurs.  Through my coaching, mentoring and strategy sessions, I support at least one of every 10 with financial and practical business knowledge to either launch a new business (startup) or exponentially grow an existing one (SME). In 2013 “The Entrepreneur Summit" was launched. This is the background where I first started to coach startups and SMEs based on my experiences of building my companies; MADdotCOM Business Network and KampusTV NG. I discovered that motivation to start is not all but the actual support (knowledge and financial intelligence) are as important. The motivation to start is easy but the tenacity to continue is where practical knowledge comes into play so as to not leave the "motivated and inspired mind" wondering in the darkness of harsh realities making them give up half way. So I opted to provide intelligent solutions. Continue reading