Saturday, February 9, 2013

TENT 2012: Young entrepreneurs urge students to be innovative


Some participants at PIN event recently
THE 2012 edition of Techie.Enterprenurial.Nigerian.Talented. (T.E.N.T.) organized by Paradigm Initiative Nigeria (PIN) at the Obafemi Awolowo University (OAU) saw huge turnout of students who were advised to be innovative in order to be successful entrepreneurs in the nearest future.

In his opening remark, the Executive Director, PIN, Mr. Gbenga Sesan said the purpose of TENT is to expose Nigerian students to technical, business and leadership requirement for Information Communications Technology (ICT) innovation.

TENT, he said, would help jumpstart the culture of innovation and enterprise in the mould of global companies that started from the university walls of their young founders.

Sesan also revealed that TENT@GreatIfe programme at OAU’s Computer Science and Engineering department has introduced Year 1 Computer Science and Engineering students to the concept of tech entrepreneurship.

The introduction, he noted, challenged the students to start out with an idea they would implement as a business, or for an existing corporation, on graduation from school. With the belief that TENT would build a long-term manpower for the technology industry, PIN boss said the initiative would also change the face of education by bridging the gap between the classroom and the workplace.

The founding Managing Director, Future Software Resources Limited, Ms. Nkemdilim Uwaje said youths need to be innovative to be successful as young entrepreneurs.

Uwaje listed the necessary ingredients of being a successful entrepreneur to include discipline, sacrifice, self-endurance, self motivation, focus, humility, entrepreneurial skills among others. She also noted that a potential entrepreneur needs to posses visionary skills, time management and organizational skills, accounting and administration skills, training and knowledge transfer skills, and business and strategy development skills.

According to her, being a good programmer does not make one successful as programmers would need branding, marketing as well as strategic partnership to be successful. She equally said business model should be designed in such a way that it would add value to the life of the buyer of such an idea.

Citing one of her favourite quotes she said, “Being an entrepreneur means, living a few years of your life like everyone else won’t so that you can live the rest of your life like everyone can’t,” maintain that an entrepreneur is not innovative until he creates value.

The Chief Operating Officer, PIN, Ms Tope Ogundipe disclosed that the gathering was meant to serve as an exposure ground of business leadership requirements for participating students.

For Manager, Youth Segment, Etisalat Nigeria, Idiare Atimomo, potential students-entrepreneurs should look out for products and or services, followed by a market segmentation by knowing the particular market segment or a set of people that the product or service would be targeted at.

Atimomo advised potential entrepreneurs never to ignore strategic partnership as most start-ups are trying to do everything by themselves which is the reason why most of them fail.

He also recommended putting in their best in anything they do, this he stressed with one of Oprah’s quote “Doing your best at this moment, puts you in the best place for the next moment.”
Further, Atimomo said ideas do not rule the world, but business models do, emphasizing that an idea without a concrete business model outlining the sustainability of such an idea might not see the light of the day, and business model need not be too big.

“Look for people who are not big and do great things with them,” he said that big people would come looking for such person.  He defined value as ‘a tangible benefit that helps a person, group or organization succeed in their goals.’

Atimomo also implored the students never to stop learning, “An entrepreneur never stops learning. An entrepreneur constantly needs new inspiration, new knowledge and new goals.”

An Information Technology professional and Manager of Blue Identity Nigeria, Edward Popoola called on higher institution lecturers to groom problem solving students and students should also not run away from big problems.

Popoola said students need to be creating solutions that solve problems rather than waiting for the problems to find its own solution. “People pay money for problem solving,” he said.

He further urged students to focus their energies and talents on one thing in order to build something great, stressing that having focus on more than one project at a particular time would only leave such a person to be good at all and not being the best in one or all of it.

“Don’t waste energy and time jumping from one queue to the other,” he advised.

He further said there are no chances that Usain Bolt, the Olympics medalist will win a Nobel Prize in theoretical physics and also win Federation of International Football Association (FIFA) World footballer of the year, that students should not waste their time trying to be the best on every ground.

He advised them to change the way at which they think about tech-entrepreneurship, adding that living large does not make one an entrepreneur if not finding a problem to solve. “Find a problem to solve,” Popoola said conclusively.
 

Staff writer/DSBNews

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