The Dalai Lama once said - that if you ever feel you
are too small to make a difference then try sleeping in a room with a mosquito.
And the same goes for business. Every big business starts as a small business.
General Electric was at one time the world's biggest company and it started
with a simple but revolutionary idea - the invention of the incandescent light
bulb in 1878 and the vision of just one person Thomas Edison.
Walmart started with a single store in 1945 and is now
the largest private employer in the world. Starting with one store and the idea
of making lots of cheap goods available all over the US, Walmart has created
more than 2 million jobs. Today for every dollar spent in the US, 8 cents is
been spent in Walmart. All started from just a single grocery store.
And of course more recently we have lots of examples
in the technology and innovation space Apple, Microsoft, Google, Amazon, Ebay,
Dell and Facebook. All are multi-billion dollar companies that started out in a
single room, a basement or garage with a simple idea shared at first by a one
or two people.
Today Nigeria’s successful IT companies are no
different, Zinox, Omatek and others also started out small and went on to become
multi-million dollar investments and some even listed on the Nigerian Stock
Exchange. Why shouldn't the next facebook or the next Google come from Nigeria?
Nigerians have access to the same resources over the internet. You can reach
just as many customers, link to investor networks, exchange ideas with those in
the industry and seek feedback from mentors and competitors alike.
Perhaps you have an idea that can change the world, an
on-line search engine, a way of selling books on-line, a social networking
site? Perhaps you have an idea that can change your world? Selling Heineman or University
Press books, or rare manuscripts, creating an online presence for Nigeria's
villages?
Sometimes great companies are not always the
innovators or first movers. Sometimes great companies can be formed by taking
an idea from one place and adapting it to another - just like Baidu is the
Chinese Google or Alibaba is the Chinese Amazon / Ebay or what Jumia, Wakanow
and others are gradually becoming. Are there ideas outside that are just
waiting for someone like you to adapt and roll out in Nigeria? As Thomas
Friedman says the world is flat - there is a level playing field nowadays. If
you have a good idea and the inspiration, persistence and ingenuity to make it
happen, chances are you can make it succeed.
Perhaps you can be the catalyst for change in your
society. In other countries, I've seen young people take charge of their surroundings
and organize hackathons - group of 100 young programmers get together on a
Friday evening and pitch ideas to each other - taking it in turns and taking
just 90 seconds each to explain their idea. At the end of the session the best
10 ideas are chosen to go forward and those that are not successful in selling
their own ideas join the other groups. Over the weekend the groups work
feverishly on their ideas until they are presented on Sunday evening to an
external panel of investors. And the best ideas can receive funding and develop
into commercial or not-for-profit ventures.
I've been amazed to see what can be done with
enthusiasm, skill and talent in a short space of time. I've also been amazed at
how socially conscious today's youth are - many are as motivated or even more
motivated by making a change in their societies as they are by making money.
And there is no reason why the two cannot go hand in hand. You can only make
money if you create something that is useful to society - and that creates jobs
and value for others along the way. And I am seeing more and more that those
that are wealthy are those that have the time and vision for philanthropy.
Think about the $100m that Mark Zuckerberg donated to education or the great
works of the Gates Foundation and the challenges that they have funded.
So whatever it is that you want to do, think big,
start small and always believe in yourself. As Henry Ford once said,
"whether you think you can do it or whether you think you can't - you're
probably right.
Kindly
follow me on twitter @IykeDexter
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