Venture Starter

Bunmi Jembola and Oluwaseun Akinlotan will be drilling participants in a 6-hours workshop on how to gain visibility and build a profitable brand
http://theonpointsuccess.com/brand-makeover-masterclass/

Brand Makeover Masterclass – OnPoint Success Both are mutually exclusive and when a business has no customers and no cash flow, the business will die faster than speed of light!

5 Ways Entrepreneurs Can Stay Motivated Every Day
Entrepreneurs need motivation by the bucketful, but some days it’s easier to stir up than others. It’s fantastic to have big, long-term goals, but don’t underestimate the power of little, daily ones. These easier to attain goals keep you going even with a nightmare client, a nearing deadline, or when lose all your data in a computer crashes.
When motivators become habits, that’s what can make the difference between small business success and failure.
Only you know your own, best ways to stay motivated—but it’s still worthwhile to shake things up and try brand new approaches. When you were only dreaming of your small business, you probably had zero issues with motivation. The dream of working for yourself, having unlimited income and making your own schedule was enough to keep you going.
The reality? Sometimes entrepreneurship can be just as dull, taxing and boring as working for corporate America. Here’s how to stay driven:
1. Track Your Daily Income
If within your grasp to define how much you make (as in how many projects you complete per day, etc.) then this can be a serious way to stay committed. First, calculate how much you’d realistically like to make per year, then break it down per week, per day, and finally per hour. Once you know how much you “need” to make each day, track it with each task/project completed. When you see you’re just $40 short of the day’s goals, that can be enough to give you an energy boost.
My friend John Rampton suggests “you have to know your numbers, each and every day. Instead of buying that fancy car, save the money towards something that will make you money instead of take it away. Tracking your income on a daily basis will help you to stay more on top of your bills and pay off credit cards before they can accrue interest.

2. Surround Yourself with Affirmations
Affirmations might seem cheesy and right up there with vision boards, but there is a reason they are so popular - they work! However, humans are quick to adapt and zone out what’s normal. Shake up where your affirmations are posted and even what they are. Whether it’s the monologue from “Rocky Balboa” or a favorite quit from Mark Cuban, these small affirmations can keep you on track when your eyes or mind wander away from the task at hand.




3. Remember the Corporate Grind
When you’re feeling fed up with your entrepreneurial track, think back to what it used to be like. Working in an office, the daily commute, the uncomfortable work clothes, the boss breathing down your neck—suddenly that bump in small business ownership doesn’t seem that bad. If you need a serious reminder, let your lunch break include a quick viewing of “The Office” serve as motivation.
4. Work Out
Don’t spend all your breaks staring at a screen. When you are frustrated or feeling overwhelmed, a little cardio or lifting session can work wonders. Nothing compares to endorphins – they will help clear your head, relieve minor aches and pains, and give you the bolstering necessary to power through the afternoon.
5. Get 30% of your work done within three hours of waking up
Numerous studies have shown people are most productive in the first few hours after waking. Taking advantage of this, and get straight down to business. Swap the morning coffee for warm lemon water (you can have coffee 30 minutes later) and get down to work within 40 minutes of waking. You’ll be surprised by how much you can accomplish all before that 10 am mini-break. This is what some of the top startups do each day to make them more successful.
Motivation is a necessity for small business ownership—as crucial as planning, proper hiring, and goal setting. Without it, both you and your dream will flounder


Credit: http://www.forbes.com/sites/drewhendricks/2015/01/02/5-ways-entrepreneurs-can-stay-motivated-every-day/2/

5 Ways Entrepreneurs Can Stay Motivated Every Day Entrepreneurs need motivation by the bucketful, but some days it’s easier to stir up than others. It’s fantastic to have big, long-term goals, but don’t underestimate the power of little, daily ones. These easier to attain goals keep you going even with a nightmare client, a nearing deadline, or whe…

What You Need To Know About Registering Your Company/Business.

The importance of registering a business can never be over-emphasized. For one, when it comes to doing serious business, many agencies will never take you serious if your company is not registered.

Secondly, you might have to discover that people and that includes you and I, feel more comfortable paying for services and products into a corporate account with the name of an organization than paying into Individual account. You may have missed an important sale because when your prospect made up his mind to buy, the account number you sent him was an individual account in your name. He thought it too risky because it was a sizable amount involved.

People feel if the account is in a corporate name, the organization can be traced if the transaction went foul. If you register your company, you can use the documents to open a corporate account with less stress.
In this post, you’ll be learning simple steps you can take to register your business name with the corporate affairs commission in less than 21 days.
• REQUIREMENTS FOR INCORPORATING A PRIVATE COMPANY IN NIGERIA.

The steps for incorporating a new company at the nation’s registry, The Corporate Affairs Commission, can be summarized in the following 10 steps:
i. Submission of the proposed Company Names to the CAC. This is the first step in the entire process. The promoters of the company must decide on a company name and submit for approval. The government officials reserve the right to approve or deny company names submitted for a number of justifiable reasons – availability, suitability, legality, similarity, etc.

ii. Details of Directors: Long story short, you will be required to provide the biodata of the Directors of the proposed company. This information include: Full Names, Residential Address, Nationality, Age, Valid Identification Document and Signature of the Directors. The minimum number of directors for a private company is 2 and maximum is 50. There is no maximum for public companies. There are statutory requirements for being a director, one of which is that the directors must not be less than 18 years old.

iii. Shareholders/Subscribers. The legal minimum number of shareholders in a private company in Nigeria is 2 and a maximum of 50. The shareholders subscribe to the memorandum and articles of association and are allotted shares in the company

iv. Appoint a Company Secretary. Every Nigerian company must appoint a Nigerian Company Secretary, as it has become a legal requirement. The company secretary of a private limited company needs no formal qualifications. It is the directors’ responsibility to ensure he/she has the appropriate knowledge and experience to act as a Secretary of the company.

v. Registered Address of the Proposed Company. The company must have a Nigerian business address. This requirement needs no much explanation and not debatable either.

vi. Core Areas of the company’s business activities (Nature/Objects of company). Nigerians and Non-Nigerians are allowed to carry on all forms of business provided it’s legal and not in the “Negative List”. If the company will engage in specialist services (Hospital, Consultancy, Schools, Media & Advertising, etc), the directors may need to provide an evidence of professional proficiency. E.g. Certificate of a professional body/trade association, Academic Certificate, or both.

vii. Valid Identification. Although this requirement has been stated earlier, it is worthy of mention here again. A photocopy of Identification of all the directors is required. (E.g. National ID card, Data Page of your National Passport, Voter’s Card or Driver’s License).

viii. The Company’s Share Capital and Allotment. In simple terms, the share capital of a company (usually in monetary terms), is the amount of capital the subscribers have to carry on the business. The minimum share capital of a private company must not be less than N10, 000:00 (Ten Thousand Naira only) However, for economic reasons, it is advisable that an average Nigerian company incorporate a N1, 000,000: 00 (One Million Naira only) share capital company. A company’s share capital is also industry-dependent. For example, advertising agencies must have at least N10 million as share capital. The law also stipulates a minimum of N10 million share capital for a Nigerian company with foreign ownership. Your regulator or adviser should advice you appropriately. A minimum of 25% of the authorized share capital must be subscribed and paid for.
Once the issue of share capital has been decided on, then the subscribers must also decide on allotting the shares. If there are 2 persons that formed the company, they could share it 50% each.

ix. Draft the Memorandum of Understanding and Articles of Association (MEMART). This is a legal document that spells out the business objectives and the framework on which the company intends to run its business within the acceptance of the law. This legal document also shows the particulars of the shareholders and their shares allotment. You might need a lawyer to help out with this.

x. Payment of Stamp Duty and Statutory Filling Fees. The total fees payable to the Stamp Duty office and the Corporate Affairs Commission is dependent on the company’s share capital.

These are the basic requirements for incorporating a private limited liability company in Nigeria.

If you need professional service to register a limited liability company, please contact the writer via the email address or phone number supplied below. If you have any questions on the content of this article, please do not hesitate to send a mail.
https://deolumike.wordpress.com/

Adeolu Adesuyi Esq.
[email protected]