Start-up Tips – Over 1000 Business ideas and Directory of Money Sources

You Have a Business Idea, and So What?

Thu, 14 Feb 2019 16:25:32 +0000

When I receive the usual emails or calls from readers telling me that they have a ‘wow’ business idea, mostimes,I feel that the appropriate response I should give to them is “and so what?” but the infectious joy expressed in these emails/calls get to me so I indulge my readers who author this kind of emails.

Indulge, because I have addressed and provided appropriate answers to most of these follow up enquiries in my book, “1000+ Practical Business Ideas and Directory of Money Sources” and I expect them to have read it in my book but ‘to satisfy all righteousness’,I will go over some of the main points that address some of the concerns expressed in these emails and phone calls once again.

Ideas are not tangible so seeking my help on getting buyers for your ‘ raw’ business idea is not cool and definitely not the first place to start when you are thinking of commercialising your business idea. Once again, I remind you to capture your business idea in a tangible medium and obtain a copyright protection against unauthorized use of the idea in the exact form your idea is expressed in the tangible medium.

Ideas are not exclusively given to you by the universe and it’s important that you are fully aware that the day you ‘had your revelation’, countless others had the idea revealed to them as well so the work had been finished in the creative boxes of other humans like you. The race is now on who’s the first to try out the idea to confirm if it works or not and take the steps I explained in the paragraph above.

Ideas can’t be patented but if you can originally create something tangible or a verifiable process from your idea, the physical products/processes arising from your idea is the item you can patent based on the Intellectual Property(IP) Laws of your native country.

Trademarks are completely different from ideas. In most countries, the registered name of the business is the first that must obtain a trademark before you are permitted to acquire trademark(s) for your individual products. For example, my company identity in name and logo was the first to obtain a registered trademark (Biz Lifelines®) before our products (e.g Famz®) got its registered trademark.

So if your business idea would be owned officially for your use or transfer to another party, it’s better to first register a company, use the company as a vehicle to acquire the copyright for the exact manner your idea is expressed in a tangible medium before acquiring a trademark for your company identity and the products created from your “wow” idea.

Sunkanmi Vaughan is the host of ‘Bizlifelines With Sunkanmi Vaughan’ on radio and author of the most comprehensive business opportunity handbook; ‘1000+ Practical Business Ideas and Directory of Money Sources’

EXPERT TIPS ON HOW TO CREATE AND GROW YOUR WEALTH IN 2019 Part 1

Wed, 30 Jan 2019 00:24:07 +0000

Wow! Welcome to a brand new year! 2018 is gone but to many, the memory of its ups and downs lingers. Your finances could’ve been better in 2018 if you knew some of these tips I will share with you to enable you create new streams of income and grow your wealth.

How did you fare in your finances in 2018? Did you seek professional guidance from a wealth-creation expert? Did you set financial goals? If yes, did you meet up with your expectations?

Whatever your responses are to these questions, here’s another opportunity for you in a new year and this is the perfect time to start planning your finances for year 2019.

While some complained of low income throughout the past year,I realized that a lot of people in this category have a poor savings culture and/or not aware of opportunities existing to earn extra income from the Nigerian economy so could not escape the poverty trap. For others, 2018 was a boom but a lot of the earnings were spent on liabilities or lost through phony quick get-rich schemes because these people don’t have knowledge on where to invest and increase the value of their money with zero risk of loss of capital or interest plus capital.

However, there is a unique category of Nigerians who I offered professional advice on wealth creation and investment in 2018 and they were happy with their returns on investment.

Consequently, while those who spent their money on liabilities or quick get-rich schemes had their wealth diminished, some others ,through guidance and consistent financial discipline, broke away from the poverty trap and had their wealth multiplied.

So how do you invest and increase the value of your money in such a way that whether you are working or not, your wealth will continue to grow without the risk of losing your hard-earned money?

For me, it is using the twin approach of savings and safe profitable investments. I will share some more details on this approach in my concluding part of this write-up.

Bola Vaughan is an experienced Chartered Stockbroker and Managing Director of Vaughan Capital Limited, Lagos.

For expert advice on wealth creation and investment, reach her directly on 0813 542 0066 or send email to bolasun2002@yahoo.com

Get A Pepper Spray Against Poverty Now!

Thu, 08 Feb 2018 04:58:15 +0000

My idea of the use of pepper spray in this write-up is a bit similar to its popular use; legitimate self-defense against physical attack. However, in this case, the attacker is Poverty, specifically poverty of applied wealth-creation knowledge.

The best pepper spray against Poverty is Applied Knowledge of credible wealth creation information + Persistence. And here’s why it’s so.

GET THE RIGHT KNOWLEDGE:

The first step is acquisition of the right knowledge. This is the first investment you must make to defeat Poverty. This kind of knowledge is acquired by reading books like “1000+ Practical Business Ideas and Directory of Money Sources” that contain the kind of wealth-creation knowledge you need,followed by diligent understanding of the contents of these books. Where you struggle to understand the knowledge in these books, seek help for clarification from other readers or the author via phone or email. As an author whose book has been translated into different languages, I receive such emails and calls occasionally. You can listen to audio books or wealth creation videos some of which are available for free on YouTube. Attend seminars and training workshops or subscribe to a period of apprenticeship from someone who, like a book, has the knowledge you need to acquire.

APPLY THE RIGHT KNOWLEDGE.

The next stage is application of the right knowledge acquired.Most people stop at reading the books,but in life,execution is key. If you don’t apply the knowledge,you stand the risk of losing the knowledge or by the time you make the move, the knowledge has become obsolete. What knowledge did you acquire recently? Apply the knowledge today. I recall the way I applied the knowledge I got on realizing that there’s no comprehensive business opportunity handbook in my country; I went on to write it!

In your case, you can volunteer or provide free service initially to enable you showcase your newly acquired knowledge and if it’s wealth habit formation,start today and gradually you make improvements,like physical fitness exercise, you will get fitter and better with consistency.

GET A MENTOR

This is absolutely necessary. From Warren Buffett to Bill Gates,these men benefited immensely from having mentors. Success always leave a trail and sometimes, the one on one guidance a mentor gives you can make a huge difference when you are starting off or when you or your endeavors are being attacked by Poverty. If you are yet to get a mentor, I can join you in the search for a mentor in your field.

BE PERSISTENT

Once you start applying your knowledge, your patience and self discipline will be tested. Some days, you will feel like quitting (I know someone reading this has already called it quits) but if you keep applying the right knowledge that has proven track of success, you are getting better, even if you have not started earning real incomes on your way to success. I recall those days my book was newly published on Google play store and within two years went up to become the No. 1 business book on the global list of top business books in the app store and has remained so till date. Also,I recall seeing the advert of Remita in the newspapers those days of their ‘early beginning’ and kept wondering if their payment solution has a general application but now Remita’s story is different. They are the only revenue collection solution being used by the Federal government. Like Remita of those days, the present realities you are facing are the hurdles you must cross to get to the final stage where your ‘pepper spray’ effectively defeats your attacker; Poverty of applied wealth-creation knowledge.

Borrowing is bad for you if…. – Part 2 by Sunkanmi Vaughan

Thu, 08 Feb 2018 04:50:43 +0000

Cont’d from here

3. The third category of people are those who are in the habit of frequently borrowing instead of cutting their cost or/and increasing their income from other streams of income in order to meet their cost of economic survival. If you need practical business ideas, get a copy of Sunkanmi Vaughan‘s ‘1000+ Practical Business Ideas and Directory of Money Sources’. Interestingly,this idea of frequent borrowing is also applicable to a few businesses with negative cash flow and such businesses and individuals are at the mercy of their lenders who may bring in conditions favorable to them only. If you find yourself frequently borrowing to meet your basic needs,borrowing from friends and family will not help you. This year, you have to find and take opportunities that will empower you financially and take another look at your expenditure, identify the needs and the wants.Focus your expenses only on the minimum quantity and cost of items you can not survive without.Cut costs or/and raise your income.

4. The final category of people are the lazy,indolent and impatient persons. Unlike hardworking,diligent and resourceful people,they always think think that every successful person attained success by borrowing,so in their mind borrowing is not a big deal.These category of people must first overcome their laziness and lack of self discipline at least for a year before considering borrowing from friends and family. If you have such category of individual around you, the best way to help them is not by lending them money. They must first overcome their laziness.

If you are not in any category above,there is a high chance that when you become wealthy and successful, you are less likely to become a ‘bigger borrower’ who is at the mercy of banks and lenders but if you are,this beginning of the new year is the best time to move away from the habits that conditioned you to be a perpetual and chronic debtor.

Borrowing is bad for you if…. – Part 1 by Sunkanmi Vaughan

Sun, 28 Jan 2018 22:06:10 +0000

In his feature as a guest on the radio program,’Young & Cerebral’ on UNILAG 103.1 FM on Saturday,13 December, 2018, Sunkanmi Vaughan, the author of “1000+ Practical Business Ideas and Directory of Money Sources”, Google play’s No.1 business book on the global list of top business books, stunned listeners when he said borrowing is bad for some categories of persons.

According to Sunkanmi Vaughan, you are in these categories of people;

1. If you always act on the belief that it is simpler to borrow money from family and friends rather than earn money because you think the process of earning personal income or running businesses is cumbersome and complex. Borrowing is bad for you and you should stop before it’s too late.

2. If you act on the belief that the process of earning personal income or running businesses will negatively disrupt your routine and self esteem and you then believe borrowing from families and friends won’t. For such a person, doing low paying jobs or blue collared is a no-no because it is considered demeaning and he would rather borrow from friends and family than be discomforted by the disruption of earning income. To such a person, your lenders are not helping you and if you are lending to such individual, you are literally digging their financial grave. Stop!

To be continued next week. Stay tuned!

How Nigerian authored ‘1000+ Business Ideas and Money Sources Directory’, Tops Google’s Global List of Top Business Books

Fri, 06 Oct 2017 03:01:56 +0000

In a rare feat and cheering news to those championing Nigerian government’s campaign on entrepreneurship,a book ‘1000+ Practical Business Ideas and Directory of Money Sources‘ authored by Nigeria’s Sunkanmi Vaughan,was for months,atop the global list of top Business books in the world’s largest mobile app store,Google Playstore, raising hopes for Nigeria’s fledging literary,mobile app and business industries.

A quick search on Google Playstore using the key phrase ‘Top Business Books‘ revealed that the book, ‘1000+ Practical Business Ideas and Directory of Money Sources‘,beat all other business books in this category and all time favorite business books including American author,Napoleon Hill’s ‘Think And Grow Rich’.

A visit to Sunkanmi Vaughan’s Facebook page confirmed that the mobile app of his book,1000+ Practical Business Ideas and Directory of Money Sources’, had maintained this position for months as seen from some of his previous and current Facebook posts of the screenshots of the Google Play store list showing the app as the first book on that list.

The book, available here https://play.google.com/store/apps/details?id=com.sunkanmivaughan.bizdir for free download,allows readers to read the first page of each chapter for free despite its rich business ideas and other information content,was described in the world’s largest mobile app store as the ‘No. 1 Business Opportunity Handbook’.

It is surely living up to the description and reputation as the Nigerian authored business book with greatest number of downloads, with its download, presently between 100K-500K range.

We will keep you posted as we track down the author of this amazing business book for an interview session to share his secret for achieving this feat with us.

You will definitely get the gist first from us.

As seen on viviangist.ng

Before You Hire, Fire Or Get Hired Or Fired!

Thu, 05 Oct 2017 01:37:57 +0000

If you look at the Chris Michel’s 2×2 matrix for hiring, you will be faced with the stark reality of how hiring and firing can be summarized in a simple 2×2 matrix.

Each of the quadrants in this 2×2 matrix is a necessary tool for evaluating those you hire(d) in business.

The good news is that, if you are an employee, you can still move to the top right corner having ;

1. The right attitude to work,

2. Wise use of precious time for acquiring the right knowledge for your tasks,

3. Extreme hard work ethic,

4. Self discipline and

5. Going to bed every night with the strongest conviction that you (insert your name) are responsible for delivering concrete successful results for your organization.

If you are an employer, don’t stop until you get the A+ player into your organization.

When they ask you to stop and take a rest when you are yet to reach this goal, look into their eyes confidently, thank them for the advice and tell them boldly that it’s loser talk.

In the pyramid of life, I believe “the top is not crowded”.

Having that conviction and the passion to reach it, as an employer or employee, is ‘The Game Changer’.

#hireright

‘1000+ Business Ideas and Funds’ App Now Available In Amazon App Store!!

Tue, 18 Oct 2016 13:18:29 +0000

“..the desire to ensure that the information in [ 1000+ Practical Business Ideas and Directory of Money Sources] gets to all those its intended for is my life long commitment “

The quote above was a promise I made to all in one of my early interviews

In line with keeping that promise,I am humbled by your support yet extremely delighted to inform you of another milestone we have achieved.

The app of “1000+ Practical Business Ideas and Directory of Money Sources” is now available on the Amazon App Store.
In Amazon’s congratulatory email to us, it stated
“your app has passed our functionality validation criteria on all devices you had targeted”.
These devices are listed below:

BlackBerry Devices
Kindle Fire HDX 8.9 WAN(2013)
Kindle Fire HD 8.9 WAN (2012)
Fire (2015)PASSED
Fire HDX 8.9 WAN (2014)
Fire HDX 8.9 (2014)
Fire Phone
Kindle Fire HDX 8.9 (2013)
Fire HD 10 (2015)
Fire HD 7 (2014)
Kindle Fire HDX (2013)
Fire HD 6 (2014)
Kindle Fire (2012)
Fire HD 8 (2016)
Kindle Fire HD (2013)
Fire HD 8 (2015)
Kindle Fire HD 8.9 (2012)
Kindle Fire HD (2012)
Kindle Fire HDX WAN (2013)
Non-Amazon Android (Non-Amazon Android)

Amazon is located in over 200 hundred countries and has a long standing reputation in book distribution and it’s unique customer-friendly ‘One Click payment’ platform,I am pleased to announce that you now have another platform to purchase the most comprehensive business opportunity handbook from Amazon here

Thank you.

1000+ Business Ideas and Funds” App Now Available as Desktop App.

Thu, 14 Jul 2016 14:50:17 +0000

As I had promised in one of my previous posts to you, I humbly present to you: the desktop version of our “1000+ Business Ideas and Funds” app which brings with it all the advantages of desktop apps!
Now you can ;

1. Install our app on a single computer (laptop or a desktop) enjoying even greater ease.

2. Have a total control over your copy of the app and protect its content from various vulnerabilities that could have stopped you from use and re-use of the app for as long as you like and your computer is alive!!

3. Since the app stands alone and can run independently on your PC or laptop, you will no longer face any hindrance resulting from lack of Internet connectivity whenever you read from the app.

4. Most importantly, you now have a chance to experience the version of our app most users of our “1000+ Business Ideas and Funds” had requested for!!

Once again, the app would have it’s benefits that provide you all the business information you need in one book,especially,if you want to:

*Start your own business; you will find over 1000 business ideas with each of these practical business idea illustrated in reader-friendly graphics to help you retain memory and move you to action.

*Obtain value chains along your existing business if you have already acquired a skill or own a business and you want to increase your revenue,

*Get free business plan samples and easy to use business plan templates so you can write your business plan by yourself saving you funds you would have paid someone write it for you even after the training.

*Access the contact information of thousands of instant money sources and increase your chances of getting more funds.

It’s written in simple English for clarity and easy comprehension by readers on pages with attractive layout.

We retained our freemium package which is the first part you will get and we allow you to read the first page of each chapter for FREE before deciding to buy.It is free and you have nothing to lose if you download it right after reading this post.

Only the premium package costs money.
A premium copy costs $6.99
If you would like further information on “1000+ Business Ideas and Funds”, Bizlifelines & Co.(owner of the app) or you would like to schedule an interview with me, please contact :
Biz Lifelines and Company,
1 Modupe Street, Ikeja,
Lagos, Nigeria.
+2+48036671836,+2348173111771
info@sunkanmivaughan.com

Enter your details below to get the FREE Desktop version link sent to your email address

Why Should You Attend Business Fairs and Trade Exhibitions? (concluded)

Sat, 04 Jun 2016 18:23:05 +0000

SIDE ATTRACTION
One funny incident occurred on one of the days I was at the venue.
A middle-aged man came to our stand and was reading our flyer when he was approached and encouraged to make a purchase by one member of our team,he confidently responded that he has his own copy of “1000+ Practical Business Ideas and Directory of Money Sources ” and he’s on my mailing list!
While I am sure he will definitely read this post,I need to make a confession to you sir , “I am the man in a white shirt and a black white -stripped tie who sat on the chair directly opposite you when you visited our stand!! I was just overjoyed and made speechless by your confident assertion”.Thank you sir.

The intrinsic value is equally as important as the immediate gratification.

INTERACTIVE SESSIONS
As you pursue the sales, free publicity and discounts,don’t ignore the other programs planned by the fair organisers for example,there were daily interactive sessions between exhibitors and the various stakeholders like business and professional regulators,fund providers etcP.Notably,these sessions were with officials of regulators like Federal inland revenue service(FIRS),Small and Medium Enterprise Agency of Nigeria(SMEDAN),research institutes like FIIRO, National Technology Incubation Centre,Lagos State Chambers of Commerce and Industry, fund providers like Bank of Industry and frankly, it’s a time well invested.

PHONE CONTACTS OF THE ORGANISERS AND GOVERNMENT OFFICIALS.

There was a day of interactive session between exhibitors and Mr Akin Oyebode, the Executive Secretary of the newly inaugurated Lagos State Employment Security Fund.Guess what? He gave his direct phone number to all the exhibitors.Other organizations like the National Technology Incubation Centre located at 1 Oba Ogunji road, Agree, Lagos followed suit and trust me I now have their direct numbers.I will give these numbers to you on request only.

SOCIAL MEDIA GROUP.
With the advent and growing influence of the social media,the organizers proved that they are in trend as every participant had it’s corporate phone contacts in a whazzap group created by the organizers on the last day of the fair.So your attendance gives you automatic membership to this exclusive group made up of entrepreneurs,regulatory agencies and fund providers.Your membership of this kind of forum will give you a permanent access to all members of the group so that you can maintain business interaction and networking even after the fair.

CERTIFICATE AWARD.
This is a valid document and tangible evidence of your participation in this fair.You can display it in your office and attach it’s photocopy to your future correspondence with the organizers or use it to enjoy special goodwill when having business dealings even with other organizations recruiting exhibitors for their own fairs.

CAUTION.
Finally, am I assuming that all fairs are meant for you and your business? Not really.If you are an agricultural sector player,I don’t think being at an auto fair will do you much benefit.It is important for you to seek out fairs you can attend at least once a quarter.Don’t joke with your due diligence in order to find out that people behind the fairs are credible and you stand the chance to build a business relationship that you can leverage on even after the fair.
Although this particular exhibition had ended with a promise by the organizers to make it twice a year event and hopefully increase the level of its publicity,it has no doubt gone a long way to support Nigerian entrepreneurs willing to participate in fairs and take up the opportunities shared with you.
How do you find out the next trade fair?It is as simple as A. B. C. Just routinely check the daily newspapers/weekly magazines,vist websites or blogs with a news reporting biased to your industry, register with relevant trade and professional associations and subscribe to local and international newsletters including mine.

Do everything possible to make sure that you and your business don’t miss out.After reading this post, quite frankly, it will be unfair of you to miss the next fair.
For this successful event, my special gratitude goes to the organizers,the Ministry of Commerce and Industry, Konga Online Store, Honourable Commissioner of Commerce and Industry,Permanent Secretary,Director of Commerce and other officials of the ministry, especially Mrs Bimbo Sobowale and Mrs Bashirudeen,co-exhibitors and most importantly,OUR CUSTOMERS who made our outings count.

Sunkanmi Vaughan is the host of ‘Bizlifelines With Sunkanmi Vaughan’ on radio and author of the most comprehensive business opportunity handbook; ‘1000+ Practical Business Ideas and Directory of Money Sources

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