Tekedia

Tekedia tekedia writes about technology, innovation, DIY, entrepreneurship and education in/around Africa

17/10/2025

Can one person really build a billion-dollar company?

Ten years ago: “You need a team.”
Today: “You need technology.”

The data is clear. A single builder can build a product, grow an audience, automate core processes, and monetize at scale in weeks, not years.

So the question is no longer “Can one person do it?”
It is “Which person and in which niche?”

PS: At Tekedia AI Lab, we are helping companies automate processes by training them on how to build and deploy AI agents. Our next cohort starts Nov 15. Tuition is ₦350,000 or $500.
Register today _ https://whatsapp.com/channel/0029Va9jQB64CrfYoC9AcT2n

Growing up, my parents described almost every substandard electronic as “Chinko.” It was our way of saying cheap and fak...
02/10/2025

Growing up, my parents described almost every substandard electronic as “Chinko.” It was our way of saying cheap and fake. The logic was simple: if it was affordable and got damaged quickly, it must be from China.

But later, in business school, I learned something that my parents probably missed. Chinese manufacturers were not necessarily producing “fake” products. Instead, they had mastered two powerful concepts many entrepreneurs ignore: Minimum Viable Demand (MVD) and Minimum Viable Quality (MVQ).

Minimum Viable Demand (MVD) is about the market side. It asks: is there a paying customer for what I’m offering? Demand is only “viable” when people are willing to exchange money, not just compliments or likes.

Minimum Viable Quality (MVQ) on the other hand is about the product side. It asks: what is the least level of quality that will satisfy my customer at their price point?

MVQ does not mean fake or inferior products. It means building a balance between usefulness and affordability. Think of it like this: if you build a ₦200,000 product for a market where people earn ₦50,000 monthly, you’re already out of business before you start.

Perfect quality at an unaffordable price is useless. Understanding what your customers can afford, and then calibrating your product development to match it, is where entrepreneurs capture value.

This is why China dominates global manufacturing. They don’t just make the “best” product—they design across tiers: ₦50, ₦500, ₦5,000. Everyone feels included. A family that cannot afford a ₦500,000 Sony TV will still find a ₦60,000 option to take home, and in doing so, China captures the market by ensuring no customer is left behind.

However, here is where it gets tricky:
👉 If you locate demand but fail to deliver acceptable quality, customers may buy once—but they will never return.
👉 If you build excellent quality that your target customers cannot afford, demand simply disappears.

The real challenge for entrepreneurs is finding the balance between demand and quality what Tekedia Institute calls the intersection of Minimum Viable Demand (MVD) and Minimum Viable Quality (MVQ).

This balance is where sustainable businesses are built.

Join us at Tekedia Mini-MBA as we teach innovators and builders how to master this balance, turning ideas into products that markets not only buy, but continue to demand.

Our Contact:
Follow the Tekedia Institute channel on WhatsApp: https://whatsapp.com/channel/0029Va9jQB64CrfYoC9AcT2n

Walk into any beer parlour in Lagos, a soccer viewing centre in Abuja, or even after a Sunday service across Nigeria you...
30/09/2025

Walk into any beer parlour in Lagos, a soccer viewing centre in Abuja, or even after a Sunday service across Nigeria you’ll hear brilliant ideas flying around.

People describe how they want to build the “next big thing,” and many of these ideas truly sound amazing.

But here’s the hard truth: ideas don’t pay bills, products and services do.

Last Saturday at Tekedia Institute, our co-learners studied Innovation Transduction: From Ideas to Revenue.

Borrowed from physics, the word “transduction” is about converting one form of energy to another.

In business, it’s about converting imagination into something the market can touch, use, and pay for.

A dream of building a hospital is noble. But until there’s land, structure, equipment, and staff. it’s still an idea.

The message simply is customers won’t pay for your idea; they will only pay for your product.

The lecture emphasized building Minimum Viable Products (MVPs). Your MVP doesn’t have to be perfect; it just has to be viable.

Think of Facebook in its early days, its value wasn’t the design, but the fact that your friends were on it. That was its real MVP.

So, the next time you hear or share a “billion-dollar idea,” pause and ask: how will I transduce this into a product or service? Product, not just idea creates revenue.

Ps:
Interested in co-learning with us at the business school?
Contact: +2347035670954
[email protected]

Real entrepreneurs • Keep ideas close • Act on the first step • Learn from taking action Remember: Ideas means nothing ...
25/01/2025

Real entrepreneurs

• Keep ideas close
• Act on the first step
• Learn from taking action

Remember:

Ideas means nothing if you never learn the ability to execute. Talking endlessly about your idea won't pay the bills, ex*****on does. You can have a great idea in your head, but if you don’t know how to execute, you’re just wasting time. Business is about results, not theory.

Ideas are worthless without ex*****on.
The market rewards results, not intentions.
Get to work!

At Tekedia Institute, we educate on how to do:
Less talking.
More building.

If you agree that it's time to build then we invite you to join the next Tekedia Mini-MBA starting Feb 10, 2025.
Contact Eyitayo Adeleke to begin your registration.
Email: [email protected]
Whatsapp: +2347035670954

Reposted from: Eyitayo Adeleke Many people want to invest in start ups, but don't understand how to. This weekend I will...
17/01/2025

Reposted from: Eyitayo Adeleke

Many people want to invest in start ups, but don't understand how to.

This weekend I will be available to have a quick call with anyone interested in knowing more about:

1. What a start up is in the first place and how it's different from a normal company.

2. The benefits of investing in start ups as an asset class

3. How to incorporate start up investing into your investment portfolio like real estate, bonds and the cash assets in your savings account to build wealth

4. How to become an investor at Tekedia Capital and own a piece of the startups in our deal room.

Request a call now:
+2347035670954
(Available: 8AM - 7PM WAT)

Schools punish students for copying, but in business and market, knowing how to copy very well is a great strategy 😀 Fir...
16/01/2025

Schools punish students for copying, but in business and market, knowing how to copy very well is a great strategy 😀

Firstly, understand that if no one copies, there would be no competition in the market.

After all, there can only be one pioneer in any industry—someone has to be the FIRST to start something.

For there to be COMPETITION or say substitute products in the market, someone will look at what has already been created by a pioneering company, identify gaps, and build a new company to address those gaps.

Another person will notice what can be done differently and start a company to offer that as well. While all this is happening, new problems will emerge, and others will create companies to solve them too.

Simply put, there is INNOVATION in copying, as long as it is done legally and profitably.

Apple’s strength lies not in creating entirely new categories but in excelling at copying and amplifying the advantages of being the first scaler.(We have this as a casestudy at Tekedia Mini-MBA)

So, do not be ashamed if your company doesn’t “innovate” per se but excels at copying others and winning. That is a valid part of business, provided you copy legally.

*****
Are you interested in learning how to take an existing product, refine it, and present it in a way that outshines the original? Then join the next Tekedia Mini-MBA, starting February 10, 2025, to find out.
Contact Eyitayo Adeleke to begin your registration:
Email: [email protected]
WhatsApp: +2347035670954

15/01/2025

We’re ready for the best academic festival yet. Feb 10, 2025, we will begin.

Innovators. Makers. Builders. Entrepreneurs. Professionals. Doctors. Engineers. Lawyers. Students. Everyone. Are you ready?

If you have not picked your seat, contact Eyitayo to get a seat.
Email: [email protected]
Whatsapp: +2347035670954

Wealth-building isn’t magic—it’s about understanding asset classes and consistently investing in them.30 years ago, some...
13/01/2025

Wealth-building isn’t magic—it’s about understanding asset classes and consistently investing in them.

30 years ago, some of the popular asset classes:

*Real Estate
*Gold and Precious Metals
*Agriculture

[1] If your parents/grandparents had purchased a land 30 years ago (let's say N15,000).

The value of that land would easily be around N500k or more now depending on the city.

[2] If your parents or grandparents had purchased gold worth ₦10,000 in 1993.

Gold worth ₦10,000 in 1993 would be worth at least ₦1 million today due to the consistent rise in its global value.

30 years from now, similar story will repeat.

Some of the popular asset classes today:

*Tech Startups investment
*Cryptocurrency and Digital Assets
Bitcoin, Ethereum, and other blockchain-based assets are becoming mainstream for tech-savvy investors.

Fact is:

People who invest, will build wealth.
People who sit on the sidelines and do nothing, will unfortunately suffer.

Learn about all asset classes.
And, invest in the ones you understand.

While traditional assets like land and gold remain relevant, modern investors now have access to tech-driven Startups and globalized asset classes, providing broader opportunities for wealth creation.

***
Are you interested in learning about money, finance, and investing, or becoming a startup investor? Join Tekedia Capital today!
Registration Fee: ₦1,000,000 or $1,000
Benefits: Access exclusive investment opportunities and insights into building wealth through startups.
Contact Eyitayo Adeleke to begin your registration.
Email: [email protected]
WhatsApp: +2347035670954

12/01/2025

Have fun with your startups marketing.

Don’t be afraid to make people laugh.

Give your company a voice and stand for something.

Be creative and stand out in your market.

Because no one remembers a boring brand.

This is 2025 , Market your company like everything depend on it and the reward will come.

PS: If you love our brand kindly reshare this. Thank you😊

The value of hard workThe world has always been built on the backs of hard-working humans.Here is what i mean: no nation...
11/01/2025

The value of hard work

The world has always been built on the backs of hard-working humans.

Here is what i mean: no nation can work without hardworking citizens.

The broad thinking in Nigeria and by extension Africa that the government must be graded A+ before good things can happen is untrue.

People who japa are usually more hard working in a new country than they are back in Nigeria.

Why?

Probably because moving out of Nigeria change, their orientation too that 'you must work if you must chop.'

Also, these countries welcome hard-working folks, as well. Not because they love you.
But, because they love what you can contribute to their economy.

In the book "The Men Who Built America" -- I see highlights of industrialists like J.P. Morgan, Henry Ford, Andrew Carnegie, John D. Rockefeller, and Cornelius Vanderbilt contribution in transforming America.

These men are entrepreneurial pioneers, and they operated during a time of immense government inefficiency and limited resources, yet they transformed industries, built infrastructure, and created wealth that uplifted entire Nation.

They succeeded not by waiting for ideal conditions but by seizing opportunities, innovating, and persevering.

For Nigeria and Africa, this lesson is critical. The belief that good governance is the sole prerequisite for national progress limits the power of individual and collective action.

At Tekedia Institute, our philosophy is rooted in the belief that entrepreneurial capitalism—not solely political efficiency—is the key to unlocking a prosperous Nigeria/Africa. Learn how to think boldly and innovate like pioneering entrepreneurs by joining the next Tekedia Mini-MBA, starting on February 10, 2025.
Contact Eyitayo Adeleke to register:
Email: [email protected]
WhatsApp: +2347035670954

In Nigeria, the richest 1% of the population are controlling about 44.2% of Nigeria's total wealth in 2020(source: World...
10/01/2025

In Nigeria, the richest 1% of the population are controlling about 44.2% of Nigeria's total wealth in 2020(source: World Inequality Database)

I attempted to find a more recent source, but it seems such data is no longer publicly available. Nonetheless, the fact remains: Nigeria's richest 1% controls a significant portion of the country's total wealth.

Is there a solution to address this growing wealth disparity?

The answer is yes, but in a capitalist economy or society like Nigeria, wealth control—such as imposing strict limits on how much wealth an individual or group can accumulate—is generally discouraged because doing so is perceived as killing innovation, creativity and productivity.

Here is what the wealthy in Nigeria continue to do to amass more wealth:

1. They know how to leverage money effectively.
2. They know how to use debt to their advantage.
3. They know how to build and sustain profitable businesses.
4. Add yours

Can this knowledge and opportunity be extended to other sections or income classes of the society?

The answer is yes, a component of the Tekedia Mini-MBA focuses on Personal Economy, where co-learners are trained to master the art of elevating part of their salary or say personal income into capital. In this session, you will learn to distinguish between MONEY and CAPITAL, and more importantly, how to convert some of your money into capital.

Simply put, when people elevate their money to the level of capital, good things happen cos they begin to create wealth.

Start your wealth creation journey today by registering for the next Tekedia Mini-MBA, beginning on February 10, 2025. Contact Eyitayo Adeleke to begin your registration:
Email: [email protected]
WhatsApp: +2347035670954

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Alade Mall, Allen Avenue Junction, Ikeja
Lagos

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