Oduoza Harps on Entrepreneurship Education at Babcock

0
483

In order to start and build a successful business, aspiring entrepreneurs and business owners have been advised to be courageous and resilient – two necessary conditions for overcoming obstacles critical to business growth and success.

The Chairman of NOVA Merchant Bank Limited, Mr. Phillips Oduoza gave the advice recently, while delivering the Convocation Lecture of the 2017/2018 Leo Graduating Class at Babcock University in Ilisan Remo, Ogun State.

Oduoza, who was a former Group Managing Director/CEO of United Bank for Africa (UBA) Plc, identified courage and resilience as character traits common amongst all entrepreneurs, who had been successful as it enabled them to take risks and overcome various obstacles on the road to success.

Explaining further, he Oduoza pointed out that courage is not the absence of fear, but the ability to persist in spite of it while resilience is the ability to recover from or adjust easily to misfortune or change.

Oduoza challenged Nigerian youths to take advantage of opportunities currently available in the country, especially in agriculture, FinTech, arts and entertainment.

Related Post
Petrol Glut Hits Nigerian Market as NNPC Struggles for Buyers
NERC Raises the Alarm over 20 Inactive PPAs, 18 GSAs in Gencos
NNRC Decries Nigeria’s Reliance on IOCs for Crude Oil Production, Exports Data
TCN to Re-conduct Kano High Voltage Line to Boost Power Supply
Ajumogobia: PIGB Could Sail Through Despite 2019 Elections
“The government’s focus on the diversification of the Nigerian economy has created opportunities across the agriculture value chain for aspiring entrepreneurs covering inputs (e.g. fertilizer), farming, storage, processing, manufacturing and transportation.

The tech start-up ecosystem in Nigeria is awash with opportunities for young entrepreneurs to create innovative solutions to address many of the structural issues facing the country. Emerging areas such as FinTech, the sharing economy, artificial intelligence amongst others present opportunities to start innovative businesses,” he said.

On what graduands and aspiring entrepreneurs could learn from his personal life, Oduoza said young business leaders should seek knowledge, build a strong network, be true to themselves, but most importantly, “must work very hard, no matter how intelligent you are. It is very rare to find a successful person who is not a hard-working person. There is no substitute for hard work.”

SHARE
Previous articleUPDATED: The Two-Wheeled Electric Car of the Future Is Being Tested in China
Next articlePetrol Glut Hits Nigerian Market as NNPC Struggles for Buyers
Godwin Okafor is a Financial Journalist, Internet Social Entrepreneur and Founder of Naija247news Media Limited. He has over 16 years experience in financial journalism. His experience cuts across traditional and digital media. He started his journalism career at Business Day, Nigeria and founded Naija247news Media in 2010. Godwin holds a Bachelors degree in Industrial Relations and Personnel Management from the Lagos State University, Ojo, Lagos. He is an alumni of Lagos Business School and a Fellow of the University of Pennsylvania (Wharton Seminar for Business Journalists). Over the years, he has won a number of journalism awards. Godwin is the chairman of Emmerich Resources Limited, the publisher of Naija247news.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.