Refund or I drag you…

If you’ve not been in this shoes, and you own a business in naija I must say – Una Wehdone o.

I wish I could say may it never happen to you. But, knowing fully well that success stories comes with a lot of sides we don’t want to share with the public. I will say, what for it. Its not a curse, its the reality.

What happens when such things come up.

Okay, as a consumer and customer to other businesses, I will say no one is at fault really. Its always a battle of one side vs the other.

Either the client is the one at fault, trying to give the vendor a bad image due to some reasons known to them alone.


You will be surprised, some business owners set customers against their competitors in the name of pulling them down, for them to rise and shine better.

Same way, sometimes it’s the business owners who take up jobs they clearly can’t deliver and call for these unnecessary dragging.

Then we have these instances when no-one is at fault, but the 2 parties just can’t clearly understand and manage the simple situation till it gets out of hand.

Have you been there? What did you do?



If you ask me, oh yeah I have been there and in all occasions, I’ve ensured my part is well delivered to a good level of justification. The clients of course may not accept but I want a case where you hear the story and I can boldly say- I did my part.

I happened to work on a project a while ago which involved a 3rd party organisation. Things happened, clearly out of my control and the affected people were threatening fire and brimstone. I just dey observe, did what I could and left the rest.

Should this push you out of business?
Of course NO! You will likely face more troubles, they are the hurdles you cross to get to the top.

Just be fit and good to go. The more you scale, the better you get at managing your business.

Have a productive weekend.

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Ibcityfashioncollege@gmail.com
Dgvstyles@gmail.com

” I REALLY NEED TO START MY OWN BUSINESS”

This is you?

if yes? lets talk…

welcome back to ,my blog and i am Aderonke Olubanjo, the Principal instructor of a leading Fashion College in Nigeria, an EDI (Entrepreneurship Development Institute) for the Central Bank of Nigeria under the AGSMEIS scheme, i am also a Unisex Fashion Designer – cap with many feathers right? well, it all started one day and with just one step too.

MY NAME IS ADERONKE

I get asked a lot of times about how i started, well, i started with just 1 step. when people say they started from zero, i pause to think, really? nah… we just call zero like that, its not really zero, everyone of us started with one step, it could look like nothing to you, but you bet it, its 1.

it could be as small as a decision, an interest, a thought, a plan, a wish or even something you like about someone. That’s your step 1. I started with that step 1 too. if i did, you can too.

If you are thinking about starting your own business now, no matter what field it is, let me just drop some few tips for today.

What practical steps have you taken to analyze the problems in your field? the problems are there, and you will need to look at them critically. How can you solve them? if you only look at the juicy parts of the business, when the cloudy days come, they will shake your stand.

Have you also sat to ask yourself how much exactly you will need to start the business?

if you have a mapped out vision board, this is where it comes to play.

what does your dream business look like? I strongly believe in the “Big Picture” If you don’t have it, your focus might be shifting here and there.

The Big Picture guides your steps as you build the business from day one, it makes the navigation easier.

WHERE SHOULD I LOCATE MY BUSINESS?

let me just say – Where you are wanted / needed.

don’t put your business where the competition is too tight or choky and unhealthy.

You need a good plan that is practicable. not some adopted resources that works for someone abroad, can it work in our own business environment?

Don’t rely on resources alone, can it work where you are?

Are you ready to give it all it takes. the ride has not been smooth and jolly for me, nor any other business owner you know. It takes a lot to start and a lot more to run it.

to be continued………

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HOW TO GAIN AND RETAIN CUSTOMERS

Your customers are the currents driving the business. Without them, nothing is happening.

This is why you should take them as important as you take the business itself. Having them seems easier than maintaining them, in my years of experience.

They come with their differences, thus, you need to find a way around handling their differences, and not giving your business or yourself more problems. “As much as you try, you cannot keep or satisfy them all – just keep doing your best daily”

Let’s start with this question, if you can answer it, we’re good to go.

Do you know who your clients or customers are?

If you don’t, take a pause and define them first. You don’t want to be shooting at no targets.

Knowing who they are and where they are is one of the steps to growing a successful business.

Let’s assume you now know them, how do you retain them, maintain them and attract more? Let’s dig in….

What do your customers really want?

1. Do you know what they want or need?

What are they looking for?

Don’t sell what you want to sell, sell what they want to buy.

Many business owners are concerned about their plans alone, any plan you make towards making profits without considering your customers, will ne a hectic task. Your business centers around them, rememeber.

In your line of service or products, look around at what others are offering- which your customers have already seen, then look for what might be missing that you can add and attract them with.

If your business isn’t solving real problems for them, they will only keep looking, checking you out without results.

2. VALUE YOURSELF AND YOUR BUSINESS

Making your knowledge look cheap won’t attract customers that will help you add value to it. They will approach you and deal with you the way they see you.

If you dont value yourself, how do you expect them to?

Your confidence should speak with each step you take . Shaky confidence is what makes many good business owners hide their faces and the confident ones with lesser skills will keep showing up and cashing out.

Work on yourself!

3. INCREASE YOUR VISIBILITY

Get your business visible, clearly noticed and seen.

you can have great strategies, great products, not getting it out is like hiding under a canopy or an underground store.

Marketing is not an instant yeast. It grows with continuity and constant development.

Get your business noticed an many platforms – radio, social media, billboards, all search engines you can come by, networking etc.

4. BRANDING

Your brand identity plays a major role in your business growth. Many things add up to this.

Your name, colours, logo, office space, business card, so many. It depends on how you start it, just start somewhere.

Create some uniqueness for your brand that will get you noticed quickly when you appear.

And remember you are a walking billboard for that business. What messages or information are you passing on when you leave for work, meet people, when they walk into your office, when you post online, etc.

5. QUALITY CUSTOMER EXPERIENCE

In business, customer experience ranks your business. Word of mouth advertisement is one of the most effective ways of getting known, and this can only come as a result of quality customer experience.

It births good referral without you paying a dime.

How can they have that experience they want to share with the world with you?

It could also come in many forms. –

Reception- the way and manner you receive them and make them feel welcome.

Prices, Discounts, Pro Bonos, Extras, Gifts and a whole lot more.

Good customer experience is a win one win more strategy.

With these few tips, you can get some immediate results in few weeks. Give it a shot.

Principal Instructor- IBADANCITY FASHION COLLEGE

Ibadancity Fashion College is a leading fashion and Entrepreneurship college in Nigeria.

A CBN/NIRSAL certified Entrepreneurship Development Institute.

We offer all fashion related courses and Business development classes specially designed to suit each business. Either in group sessions or one on one consultancy sessions.

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@ibcityfashioncollege

@dgvstyles

@aderonkeolubanjo

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http://www.ibcfc.com.ng

+2348081067070

DROPPED SALES. SHOULD YOU DO SALES?

It’s the season of uncertainty and many business owners are feeling the pinch. Of course you have been thinking of ways out this season. You have considered dropping prices, doing sales or discounts, a million thoughts are crossing your mind daily on how to get a way forward.

It may be about Covid 19 or before and after it, you will come to that crossroad at a point in your business. But before deciding, sit back and consider these few points.

Lowering the prices and how it affects your business

Before you fixed a price, you have done the calculations of your time, materials used and profit before arriving at a price. If you lower the price, will you be eating into your profit or not? If you are not making enough profit, you are eating the business up gradually.

What if customers get worried about the quality of what you offer?

One of the dangers of too much or too often discount or sales is that your customers may think twice about your original prices and the quality of your products or services. If you personally see a very beautiful product and the quality looks really good but thebproce appears low, do you know you will think twice about the quality?.

You don’t want your customers thinking twice before purchasing from you or thinking your products are made from low quality materials.

The impression they get first,stays with them longer

Don’t leave first customers with the thought of ever doubting the quality of what you are selling or doing. They may never come back.

Your workspace should look attractive enough to worth the price you are charging. When the office environment doesn’t match the price, it affects your business. People generally attach value to what they can see.

Not having enough sales doesn’t always have to do with economy, if it does, then nobody is making money. But if you look around, in the midst of economic distress many businesses are making their profits still.┬áThis is one of the reasons you can not take your business front desk for granted.

Front desk is relative, could be your receptionists, secretary, showroom, reception area, the person who picks the phone calls or replies messages on emails and social media handles. They must not be the reason your sales are dropping.

Make your business attractive enough to keep customers coming back. Then you won’t need to be doing unnecessary price drops in the name of attracting more customers.

Your business development strategy is unique to your business. Research, consult, do your part and watch stress reduce while sakes grow.

Follow me on Instagram @dgvstyles @ibcityfashioncollege

For business development/consultancy services. Whatssap +2349024267637

IBADANCITY FASHION COLLEGE is a leading Fashion and Entrepreneurship Development COLLEGE in Oyo State Nigeria. A Central Bank of Nigeria CBN certified and accredited Enterprise Development Institute assisting business owners access funding from CBN /NIRSAL.

For more information and enquiries call +2348081067070

WHY I CHOSE TO BE AN ENTREPRENEUR

Having a personal business and not having a compulsory 9-5 was a dream, I loved it, and for anyone who likes independence, I believe we are on the same page. Then after a while I realized that the path of Entrepreneurship and business is not as juicy as it looks from afar – Says Teetee a rising entrepreneur in the food and confectionery industry.

Those who hate their jobs quickly find comfort in deciding to start a business. And if I must say, It is quite risky to step into an unwalked path without a guide. When people say they want to start a new busines for the first time, the first thought in my head is, why not juggle it alongside that job until you find a balance point. It is quite easier for people who had been in the business of small businesses to keep starting and working on new startups until they find a Gold spot, than a complete newbie who believe he or she can base their decisions on the results of the business owners they are seeing.

A tree should not be judged by its leaves and trunk size, you didnt see it when it was digging the roots in.

WHY DO PEOPLE CHOOSE TO BE ENTREPRENEURS?

One major reason is because they admire other entrepreneurs around them. You want to be like they lady or guy who looks like he or she is making so much money from that simple job they are doing. Simply put, Successful people inspire others to be successful; but they works lie with the inspired people- are they seeing beyond the surface?

They have so much hope and faith and just somehow believe all they need is a huge capital and the Boom starts. They even believe they have more business sense than other business owners around them, and they see more prospects in their own success more than what they are seeing in the people inspiring them. “If A could do it l, I was more brilliant than her in school, I can definitely do better”

Until you get into the water. Never think you are a good swimmer.

NOT WANTING TO BE BOSSED – Is another reason many chose Entrepreneurship and this is one of the bad reasons. When you don’t want to be controlled, how do you plan controlling others? Being bossed around can be annoying and ego-hurting, but you can work your way around this and learn instead of resenting the boss. Entrepreneurship makes you a boss to others too, you don’t know the type of boss you will turn out to be in a heated situation. If you want to be the one with the final say always, then leaving your job for the business field may give you loads of hiccups.

If you are choosing to start an Enterprise, know you are choosing to take so many risks and uncertain routes. Evryone is a good dancer on the seat until they hit the dancefloor. Look beyond the surface, look beyond the ‘sold out’, look beyond the Instagram swags, look beyond the status they are showing you they have. Look deeper beyond the facade, if you jump into a water too deep, and you can’t swim good enough, you know the results.

To know more about our Entrepreneurship classes, visit the college or contact us on +2348081067070

IBADANCITY FASHION COLLEGE . Unisex Fashion and Entrepreneurship College. We are a CBN/NIRSAL ACCREDITED EDI assisting business owners in getting msme loans to fund and grow their businesses.

AGSMEIS Is meant for all business owners. Start up or existing. You can loan up to 10 million naira, with 6 to 18 months Moratorium and a 9%interest for 5 to 7 years. To apply. Contact us for more detials. Many business owners can testify to it now, join them too.

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http://www.ibcfc.com.ng

AGSMEIS – ARE YOU AN ASPIRING OR EXISTING ENTREPRENEUR? HOW YOU CAN ACCESS THE CBN AGSMEIS NO-COLLATERAL LOAN.

as an exisiting entrepreneur or maybe you are still aspiring to be a business owner. if funding has been a major clog in the wheel of your goals, this information is just for you!

the Central Bank of Nigeria and Nirsal MFN came up with the scheme to assist you get your business starting and running. and the scheme is open to you!

how? you ask. not in any way difficult.

first let me give you the juicy details of this funding scheme.

  • it is a collateral free loan. meaning, you do not need to run helter skelter looking for house or land papers etc to present to your banker.
  • it comes with a moratorium of 6 to 18 months depending on your business type. (moratorium means the grace period of no pay-back)
  • you can repay for up to 7 years!
  • the interest rate is what you can only get here. it is 5-9%

now you see it is indeed a plan to boost your business.

WHO CAN APPLY?

Agricultural businesses, Manufacturing and production industry , Construction industry, Health sector, formal and informal Services (Hospitality, Restaurants, Catering, Services, etc), ICT, oil and gas/ Mining, Creative Industry (Fashion, Beauty, Media, photography, Entertainment, etc), Petrochemicals. And more…..

so how do i apply?……..

IBADANCITY FASHION COLLEGE is a leading fashion and entrepreneurship college in Nigeria. as a CBN certified EDI, you can apply for the loan with us.

  • call or contact us to verify if your business is covered.
  • register for the REQUIRED Entrepreneurship training with us. – the certificate is the major requirement to access the loan.
  • do the required post training projects.
  • thats all! as simple as 123.

Log on to http://www.nmfb.com.ng

Click on AGSMEIS and apply. Follow the necessary steps. At training location select Oyo. Trainer – select Ibadancity Fashion College.

And connect with us to start your processing.

take advantage of this opportunity now.

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