TURNING YOUR HOBBY INTO A BUSINESS

In this special edition, we looked at “TURNING YOUR HOBBY INTO A BUSINESS – FUN MONEY and calling in all the way from Rivers State”  is Mr Wale Ibinaiye – The founder of Cad Consulting based in Portharcourt and Mrs  Ola Ekine  CEO of Turning Point Bridals & Events who is in the studio with us.

FINANCIAL DISCIPLINE MANAGING FINANCES TO GROW YOUR BUSINESS

One of the most talked about topics in personal finance has to be financial discipline. If you don’t learn how to account for your money and manage it, nothing else will make sense. So in the spirit of that, we bring you FINANCIAL DISCIPLINE – MANAGING FINANCES TO GROW YOUR BUSINESS” and to help you get started with developing a financially conscious mindset today is Mr Louis Ibok. Mr. Ibok is the General Manager, Investment and Credit funding, Cross River State Micro Enterprise Development Agency (MEDA).

ENTREPRENEURS IN NATION BUILDING

In this episode of the MBMT show, we discussed "Entrepreneurs in Nation Building" and we had Arc John Etim Bassey, he is a business developer and a resource manager, trained as an architect, with over 20years experience in project management design, construction, business development and resource management.



Arc John Etim Bassey currently serves as the Director General, Cross River State Investment promotion Bureau, an agency saddled with the task of developing business opportunities and attracting investors to the state.

BUSINESS WITHOUT BORDERS

Today we discussed “Business Without Borders” and had in the studio with us this morning Mr. Odo Effiong…he is an accomplished professional with over 20 years’ experience in Information and Communications Technology Industry. He recently served as the special adviser, Communication Technology Development to the former Governor of Cross River State, Senator Liyel Imoke.

FINANCING MSMEs

In this edition of MBMT show, we discussed ways for “Financing MSMEs – for Business Growth” and we had Mr. John Owan - The Chairman Association of Micro-finance Bank as our guest.

FREE BUSINESS COUNSELLING

         

MONEY LENDING AS A HOBBY – STORY OF GV MULTI-PURPOSE CO-OPERATIVE

                                      Mrs Clara Ereh of GV Multi-Purpose Co-operative

Fixing appointment to have a chat with her is akin to killing a lion, owing to her work and busy schedule. And to many staff of Cross River State University of Technology (CRUTECH), she is their saving grace and a dependable ally that you can count on any time. For this trained banker turned business owner, her greatest joy is providing solutions to different people and meeting their needs. She started a multipurpose co-operative in 2013 with help from her husband who supported her with little seed money. As time passes by, she discovered that there was too much fraud in the business and decided to close shop. She enrolled for CBN SSEDC entrepreneurship program and was shocked to see all the unanswered questions about her business answered during class activity. Mrs. Clara Ereh learnt that her business suffered in the past because she lived beyond her means and used the business money without proper record. She immediately re-opened the business but this time with better management skills and record keeping while at the same time paying herself - this changed the business as it took a new turn and grew rapidly. She recently convinced the management of Cross River State University of Technology to bank with her and in return will allow staff from the institution to access easy loan from her co-operative. She benefited from CBN MSME fund with #500,000 and has started repayment. Recently, she deployed a management software to monitor daily business records and transactions in other to avoid fraud. Presently with 2 marketers in her payroll, she intends to add more as demand for services has greatly increased in recent time. For this lovely mother of four (2 girls and 2 boys), “anyone can overcome any challenges provided you are willing to endure the early beginning and stay focused. The early beginning is usually shaky and troubling, but if you withstand it and remain determined, you will certainly attain success” – Mrs Clara Ereh said.