Friday, April 16, 2021
  • Markets & Companies
    • Stock Market
    • Companies
    • Appointments
    • Commodities
  • Business & Economy
    • Energy
    • Agricultural Economy
    • Insurance & Pensions
    • Aviation
    • Maritime
    • Road Transport
    • Financial Inclusion
    • Investment
    • Manufacturing
    • Consumer Goods
  • INNOVATION
  • EMPIRE
  • OPINION
  • CULTURAL CURRENTS
  • Features
  • AE Magazine
  • CORPORATE RENDEZVOUS
Financial Street is a meeting point for technology, economy, and journalism.
No Result
View All Result
  • Markets & Companies
    • Stock Market
    • Companies
    • Appointments
    • Commodities
  • Business & Economy
    • Energy
    • Agricultural Economy
    • Insurance & Pensions
    • Aviation
    • Maritime
    • Road Transport
    • Financial Inclusion
    • Investment
    • Manufacturing
    • Consumer Goods
  • INNOVATION
  • EMPIRE
  • OPINION
  • CULTURAL CURRENTS
  • Features
  • AE Magazine
  • CORPORATE RENDEZVOUS
Financial Street is a meeting point for technology, economy, and journalism.
No Result
View All Result

Entrepreneurs’ motivation should not be to make money, but to add value – Worgu

Innocent Eneta by Innocent Eneta
February 26, 2019
in Frontline
0
Kelvin Worgu is a member of the Institute of Business Strategy
0
SHARES
4
VIEWS
Share on FacebookShare on TwitterShare on LinkedInShare on WhatsApp

Kelvin Worgu is a member of the Institute of Business Strategy (IBS). In this chat, he tells INNOCENT ENETA the challenges he faces as an entrepreneur

 

READ ALSO

Huawei boss: 5G making industries go digital at faster pace

5G’s impact on global GDP over $7.5tn — Huawei partner

What is your driving force as an entrepreneur?
It is the desire to succeed and impact those around me. This is because success attracts friendship and goodwill, which is part of our lives.

Read Also:

  • Curbing price gouging in Nigeria's free market
    Curbing price gouging in Nigeria's free market
  • Executive Order 007 indispensable for road infrastructure development - Shonubi
    Executive Order 007 indispensable for road…
  • Food prices in Nigeria and need to halt herders/farmers' conflicts
    Food prices in Nigeria and need to halt…

 

Since you entered into the oil and gas industry, what has been your biggest challenge?
Unfavourable government policies and the volatility of the industry. The hindrances to sourcing funds from financial institutions, even with high interest rates, and others. But government should set aside a statutory or consolidated fund for marketers to access for start-ups or expansion.

 

How long have you been in the industry?
Close to 15 years.

 

Startups are faced with different challenges. What are the ones peculiar to your industry and how did you surmount them?
To remain relevant in the industry given its dynamism, one must be constantly innovative; otherwise, your business will crumble. And you must put in a very reasonable time.

 

What can you show to prospective investors to attract their interest?
I have executed a couple of business transactions on my own and in collaboration with associates.

 

How have you been able to contribute to the management o oil spills in the Niger Delta?
By giving my own suggestions and perspectives as well as attending workshops designed to deliberate and proffer solutions to the problems of oil spills. Drawing attention to the effect that all hands must be on deck and that sincerity of purpose should be the underlying factor or key driving force to addressing the ugly situation. 

 

What is your plan for your business in the next 10 years?
I intend to diversify my line of business to include consultancy services, initiate business incubation to help newcomers to achieve their dreams, but most importantly, for my brand to become a household name across Africa.

 

Capital and mentorship, which one will you say is more important for an entrepreneur to succeed as a start-up?
Mentorship should be rated or placed above capital for obvious reasons.

 

What have been your best and worst moments in the industry?
My best moment, as far as I can remember, were those times I executed business transactions efficiently in record time with ease and professionalism, which endeared me to a lot of clients. My worst moment was when I lost funds to traitors whom I thought were trusted allies. Having enough capital does not guarantee Success or headway, but quality information and practical knowledge gives you confidence and drive to push through.

 

In what way has your family been supportive to your business?
That is one aspect that has given me peace of mind. I have a caring family that has given me so much moral support, etc to succeed.

 

What are your educational qualifications?
I have professional qualifications other than degrees, from the Institute of Business Strategy (IBS), from associate to full member.

 

What is your advice to the younger ones who want to come into the industry?
They should get basic education and proper information regarding the industry. The desire to make money should not be the primary motivation, but to add value. Acquisition of experience for sustainability is more important.

close
Subscribe to our newsletter and join thousands of readers of our financial, economic & investments news blog!
We don't spam with your email

Check your inbox or spam folder to confirm your subscription.

  • Facebook
  • Twitter
  • Pinterest
  • LinkedIn

Get real time update about this post categories directly on your device, subscribe now.

Unsubscribe
Innocent Eneta

Innocent Eneta

Related Posts

Hadi Sirika, minister of Aviation
Frontline

Huawei boss: 5G making industries go digital at faster pace

July 6, 2020
386 operators investing in 5G, launched in 42 countries  -GSMA Report
Frontline

5G’s impact on global GDP over $7.5tn — Huawei partner

July 1, 2020
Africa's blockchain startups and roadmap to prosperous future
Frontline

Africa’s blockchain startups and roadmap to prosperous future

June 21, 2020
HIV test kit
Frontline

SPONSORED: Enter the new HIV test kit

May 23, 2020
SME Growth
Frontline

Survival of Nigerian start-ups and SMEs amid COVID-19

April 29, 2020
Sledgehammer On The Ant
Frontline

Sledgehammer On The Ant

April 11, 2020
Next Post
Opeyemi Olaosebikan is a co-founder of Global Corporate Logistics Hub

Tech market, the major drive for co-working space in Nigeria – Olaosebikan

RECENT STORIES

Nigerian stock market sheds 0.17% on renewed bearish activity 

Nigerian stock market sheds 0.17% on renewed bearish activity 

April 15, 2021
Gombe seals offices of rent defaulters

Gombe seals offices of rent defaulters

April 15, 2021
Navy receives new offshore survey vessel

Navy receives new offshore survey vessel

April 15, 2021
Financial Street - TUC kicks against planned electricity tariff hike

Nigerian govt apologises over power outage

April 15, 2021
Amref establishes commission to review Africa's universal health coverage

IFC seals $300m deal for Africa’s health sector

April 15, 2021
Kenya's economy to grow by 6.4 per cent

Africa’s economy snails behind galloping others

April 15, 2021
renewable energy

Facebook signs renewable energy deal in India

April 15, 2021

TRENDING

  • Adesegun Banjoko, President-elect, National Association of Block Moulders of Nigeria

    Blame govt for high cement price – Banjoko

    0 shares
    Share 0 Tweet 0
  • Professionals need strategy to survive in job market – Funmi Bajulaiye

    2 shares
    Share 0 Tweet 0
  • Urban renewal not just about road construction, rehabilitation – Ezutah

    0 shares
    Share 0 Tweet 0
  • Taking off hassles of car ownership

    0 shares
    Share 0 Tweet 0
  • Jury happy as SuperSport clinch W’Cup broadcast rights

    2 shares
    Share 0 Tweet 0
Financial Street is a meeting point for technology, economy, and journalism.

© Financial Street 2020. All Rights Reserved.

More Links

  • Privacy Policy
  • Terms of Use
  • Contact Us

Follow Us

No Result
View All Result
  • Markets & Companies
    • Stock Market
    • Companies
    • Appointments
    • Commodities
  • Business & Economy
    • Energy
    • Agricultural Economy
    • Insurance & Pensions
    • Aviation
    • Maritime
    • Road Transport
    • Financial Inclusion
    • Investment
    • Manufacturing
    • Consumer Goods
  • INNOVATION
  • EMPIRE
  • OPINION
  • CULTURAL CURRENTS
  • Features
  • AE Magazine
  • CORPORATE RENDEZVOUS