Tekedia, Alade Mall, Allen Avenue Junction, Ikeja, Lagos (2025)

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

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)

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

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

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

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

09/01/2025

15 years ago, almost no one in Nigeria thought they would own phones that cost over 500,000 naira.

The very idea of owning such expensive phones seemed absurd.

Now, look around. Students on stipends and young professionals are buying iPhones, Samsung phones, Global phones like never before.

Today, iPhone, Samsung phones sales in Nigeria surpass the revenue of many homegrown brands and businesses that were once household names.

Companies that focus on serving the top 10% (or even the top 20%) are the ones dominating the market now.

A component of Tekedia Mini-MBA explains how to win in Nigeria:

Simply, here is the summary: you either target the top 30% or the bottom 40% as the middle class is disappearing.

In Dec 2024, we are reading that Eko Hotels charges about N680,000 per night and remains fully booked. However, hotels that price at 20k or 30k per night remain largely unbooked, telling you how things stand.

[1] Businesses that care about the rich are making money.
[2] Businesses that care about the poor are struggling. This is largely because it is becoming harder everyday to make money from the poor.

If Eko Hotels now charges N680k per night for a room that used to go for less than N200k and still get all the rooms paid for, you need to understand the evolving business strategy in Nigeria. And that strategy is to focus at the top 20% as the middle class may not have a lot of money to spare. Even local airlines are doing just that to adapt to the new market reality.

***
Are you interested in understanding pricing strategy as you readjust your market segment focus. What worked in Feb 2024 may not make sense right now in Nigeria. Complaining about the market is not a strategy. You need to re-invent your playbook, shift your positioning, and capture new sets of customers. We invite you to join the next Tekedia Mini-MBA starting Feb 10, 2025 to learn more about pricing strategy. Contact Eyitayo Adeleke to begin your registration.
Email: [email protected]
Whatsapp: +2347035670954

08/01/2025

Temu & Emerging Opportunities in Nigeria's E-Commerce Market: The Tekedia perspective.

Since arrival, Temu has taken over the Nigerian digital space through aggressive marketing strategy. No matter the social media platform you visit, Temu is there.

Temu with its substantial resources is set to play actively in the Nigeria market however this presents both challenges and opportunities.

Looking at the challenges:
Temu will face logistical challenges in Nigera because the rural Nigeria and urban Nigeria are largely disconnected for commerce. Unlike developed countries like the US, UK, China, etc with robust postal systems, Nigeria lacks the infrastructural linkages to deliver goods efficiently across all regions.

According to Tekedia lead faculty, Prof Ndubuisi Ekekwe, "Temu will do adverts and actually get you to buy, but at the end of the day, the items must be delivered. The marginal cost positioning for Temu as it does that will determine if it would pack up and leave in three years."

Looking at opportunities:
Opportunities exist for local businesses to partner with Temu by focusing on delivery in tier-two and tier-three cities in Nigeria.

While major cities like Lagos and Abuja may be serviced directly by established players, smaller cities with populations of around 200,000 often lack sufficient volume of orders to sustain logistics operations independently.

Entrepreneurs in e-commerce and logistics should explore creating regional hubs that integrate with Temu’s playbook by handling deliveries in underserved areas.

This collaboration would address the significant distribution costs and create new economic opportunities, particularly in regions previously overlooked by major logistics providers.

****
Do you desire to know how you can partner with companies like Temu for commerce in Nigeria and capture enormous value? We invite you to join the next Tekedia Mini-MBA startingFeb10, 2025, contact Eyitayo Adeleke to begin your registration.
Email: [email protected]
Whatsapp: +2347035670954

07/01/2025

We’re delighted to welcome Arthur Energy Technology management team under the leadership of Arthur Okeyika to Tekedia Institute.

They will be co-learning with us in the business school starting February 10, 2025, as part of their strategic initiative to empower their people to deliver greater results at work this 2025 and beyond while also becoming better individuals.

We are truly honored by this opportunity to co-learn with your team and we wish you open market.

The best investment any company can make in 2025 is in its people. They are the pillars of any successful business. And Tekedia Institute is the best school to build your team and get them agile in the marketplace.

***
Interested in getting your people trained? Contact Eyitayo Adeleke to begin your registration.
Email: [email protected]
Whatsapp: +2347035670954

We look forward to an amazing co-learning experience with your team.

07/01/2025

Part of the things we pay special attention to at Tekedia Institute is 'Agility in the Workforce.'

How teams can become more agile, adapting to changing market systems and thriving in uncertainty.

The business environment today, especially in regions like Nigeria, and everywhere around the world is volatile.

What worked yesterday may not work today. Prices of goods and services fluctuate, customer expectations evolve, and companies must continually adapt.

CEOs and managers are grappling with questions like:
• How do I keep the business competitive, profitable, and sustainable in the face of constant changes—whether those changes are in the economy, customer demands, or regulations.
• How do I retain critical talent, especially in an increasingly remote world?
• How do I leverage technology for efficiency and innovation?

Having agile teams are the solution to many of these challenges.

According to McKinsey, organizations that embrace agility report a 20-30% increase in financial performance.

Agility isn't just a buzzword—it's a survival strategy in today's fast-paced business world. That's why we are paying close attention to ensure our co-learners get it right.

So, what makes an agile team? Join us for the next Tekedia Mini-MBA starting on February 10, 2025, to find out. Contact Eyitayo Adeleke to begin your registration:
Email: [email protected]
WhatsApp: +2347035670954

Yesterday, today, and tomorrow—knowledge is our product.

Tekedia

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