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How has been the month so far? I
have not come to you recently but I am glad to sharing my thoughts with you
today. I have come to you saying ‘Hello’ in Kulere language of Bokkos local government
of Plateau State, Nigeria.
Many of us have the mind-set of
becoming entrepreneurs later in life. However, we are either not prepared for
the challenges ahead as such, we chicken out over time seeking solace in paid
employment. As such, the age long quote has not lost its relevance, ‘If you don’t
build your dream, someone will hire you to build theirs.’ Our dreams would
either be unsung or sung.
An unsung business is the business
that has a lot of intricacies that is jealously guided by the person who owned
or discovered the idea. Such businesses are highly specialised and people are
not taught how to do it not to talk of modernising the vision. In another vein,
an unsung business is a business where the entrepreneur does not have the tenacity
to wait till he break-even or breakthrough.
A sung business is Samsung. This
is a business that started in 1938 in South Korea as a Grocery store. By 1940,
it switched to the production of noodles, by 1950, it started Sugar Production,
and by 1954, the company went into woollen mill cum
started selling insurance
and security. In 1960, they started producing TV, in 1980, the company went
into production of telephone switch board. Samsung died in 1987 and the company
broke into four independent businesses- departmental stores, chemicals &
logistics, paper & telecoms and electronics. In 1990, it delved into real
estate, in 1993, the company was restructured and they went into production of
memory chips. In 1995, they switched to liquid-crystal displays and they have
been the world’s largest manufacturer of flat screen TV. In 2010, Samsung
focussed on the production of smartphones. In 2016, they have outsold iPhone. Samsung
has undergone many metamorphoses but they retained their brand name.
This is a journey of tenacity. One
of the things that we lack around use here is the ability to bequeath your
business unto your children who should modernise it with their level of exposure
and education. I am not saying that children should be forced into a particular
line of career but parents should know how to make children- buy into, invest in
and develop their businesses.
Before you become sung, you would
have sworn to maintain your dream and vision. There would be time for
modification of your idea, restructuring of the dream and many more.
Keep building your dreams
regardless of the hurdles.
Labels: Building dreams, Business, Dreams, Exposure, Kulere, Lagos, Olutayo Irantiola, Plateau State, Samsung, Smartphone, Tenacity, Unsung, Versus Series, Visions