Tobi Delly’s Post

Farm to Export: How to build a sustainable business exporting your farm produce in Nigeria (an easy read).

Why You Should Start a Business to Make Money Many people have the dream of starting their own business, but they are often discouraged by the common advice that says "never start a business just because you want to make money". This advice implies that money is not a good enough motivation for entrepreneurship, and that you should only pursue your passion or solve a problem in the world. However, this advice is not only unrealistic, but also wrong. Money is a Valid Motivation There is nothing wrong with wanting to make money. Money is a tool that can help you achieve your goals, improve your lifestyle, and support your family. Money can also give you more freedom, independence, and opportunities to explore your interests and passions. Money is not the end goal, but a means to an end. Moreover, money is a measure of value. When you make money from your business, it means that you are providing value to your customers, solving their problems, and satisfying their needs. Making money is not only good for you, but also good for the society and the economy. Money Can Help You Grow Your Business Starting a business to make money does not mean that you are greedy or selfish. It means that you are realistic and strategic. You need money to grow your business, to invest in marketing, product development, hiring, and expansion. You need money to survive the competition, overcome the challenges, and adapt to the changing market. You need money to create more value for your customers and stakeholders. Making money from your business also allows you to reinvest in yourself, your skills, and your knowledge. You can learn new things, attend courses, hire mentors, and network with other entrepreneurs. You can also use your money to support other businesses, causes, and communities that you care about. Money Can Inspire You to Be More Creative and Innovative Starting a business to make money does not mean that you are boring or unoriginal. It means that you are ambitious and driven. You have a vision of what you want to achieve, and you are willing to work hard for it. You are not satisfied with the status quo, and you are always looking for ways to improve yourself and your business. Making money from your business also challenges you to be more creative and innovative. You have to find ways to differentiate yourself from your competitors, to attract and retain your customers, and to offer better products or services. You have to experiment with new ideas, test new strategies, and learn from your failures. You have to keep up with the trends, anticipate the needs, and exceed the expectations of your market.... https://lnkd.in/dz4DV5hk .... Copyright ©️ Tobi Delly, 2023

Using the right AI tools is like having your own personal army of robots. 20 AI tools to supercharge your productivity:

Death of Titanic explorers won't dampen billionaires' thirst for adventure The tragic loss of five people aboard the Titan submersible that went missing while exploring the Titanic wreckage has shocked and saddened the world. The debris found in the search area was consistent with a "catastrophic implosion" of the vessel. The victims included a British adventurer, a French diver, a Pakistani father and son and the founder of OceanGate Expeditions, the company that operated the tour. The Titan was one of the few submersibles capable of reaching depths of 12,000 feet and beyond, and offered a rare opportunity for wealthy thrill-seekers to witness the iconic shipwreck up close. The expedition cost $250,000 per person and was fully booked until 2025. Despite the safety concerns raised by some industry experts and former employees, the Titan had successfully completed several dives to the Titanic before its fatal mission. The disaster has raised questions about the risks and rewards of such extreme adventures, and whether they should be regulated or restricted. However, some experts and enthusiasts believe that the death of the Titanic explorers will not deter other billionaires from pursuing their passion for exploration and discovery. James Cameron, the director of Titanic and a veteran deep-sea explorer, said that he was "struck by how much these people loved what they were doing" and that they "died doing what they loved". He added that he hoped that their legacy would inspire more people to explore the ocean and its wonders. Will Kohnen, a member of the Marine Technology Society and a former submarine pilot, said that he expected the demand for deep-sea tourism to continue despite the tragedy. He said that there was a "human drive to explore" and that "people are willing to pay for experiences that are unique and rare". He also said that he hoped that the incident would lead to more safety standards and regulations for submersible operators. The Titanic submersible disaster has exposed the dangers and challenges of exploring the unknown, but also the fascination and curiosity that drives some people to seek out new frontiers. While the families and friends of the victims mourn their loss, others may see their sacrifice as a testament to their courage and spirit of adventure.

Attention Foodstuff Exporters! 📢 Don't miss this golden opportunity to boost your business and profits 💰 The secret? Charge in USD 💵 Why? Because it's easier, faster and more profitable for you 💯 You can also access more funds in USD from private investors or financiers when you need them 💸 Don't let the new CBN policy pass you by. Use it to your advantage 🚀 Want to learn more and get mentored by experts in foodstuff exporting? 🙋♂️ Join the Foodstuff Export Masterclass on July 1, 2023 🗓️ Register today and secure your spot 🔥

#MondayTonic Showing up means being present, engaged and committed to your goals, your relationships and your values. It means taking action, even when you don't feel like it, even when you face challenges or setbacks. Showing up matters because it demonstrates your integrity, your resilience and your courage. It also creates opportunities, connections and growth. When you show up, you are telling yourself and the world that you matter, that you have something to offer and that you are willing to learn and improve. Showing up is not always easy, but it is always rewarding. It is the first step to achieving anything meaningful in life. SO SHOW UP TODAY, AND EVERY DAY, AND SEE WHAT HAPPENS. Register for Foodstuff Export Masterclass & Zero2Export and start earning in dollars!!!

What Should the Naira Float Mean to You ~ Tosin Adeoti The floating of the naira is good in principle. It is the first step in a series of reforms that the country needs. Just like buying tomatoes in a market for the agreed price between you and the seller, you can now do the same with the naira. The banks are no longer obligated to sell it at the predetermined price of N460 per dollar (which was hardly available anyway). If the banks believe the dollar should be priced at N600 and you can afford it, that's what it will be. If it's N800, that's what it will be. Currently, it's N750, with one rate for everybody. Nigeria stands to earn more revenue from dollar earnings through oil exports. Instead of receiving N460 for every dollar, it can now receive N750. If you export from Nigeria, you will also be able to earn more because the cassava flour you sell to the UK market for $10 would suddenly increase from N4,600 to N7,500. While sellers in the international market may benefit, buyers may lose out. Since Nigeria imports many of the goods it uses, prices are expected to increase. However, it's worth noting that the price increases would be minimal as most imports were already obtained at the black market rate of N750, not N460. Unfortunately, some businesses, especially startups, may struggle as a result of this policy change. For example, if you had borrowed $1 million from investors and conduct your business in naira, your debt has suddenly increased from N460 million to N750 million. Fuel prices may also rise because imported fuel will no longer be subsidized for the NNPC at N460/$. Instead, it will be imported at the rate of N750, leading to an increase in fuel prices. So, those in Lagos buying fuel at N500/litre should prepare for N600/litre. Those outside Lagos should gear up for N700/litre. What does the future hold for the dollar? It depends on the government's actions going forward. As I have emphasized before, stability is more important than price. Even if the dollar stays at a single value of N800 or in a small band, such as during the period when Sanusi Lamido Sanusi was the governor of the CBN (when the naira stayed at N147 - N152 for over 5 years at the parallel market), it's preferable to a continuous fall, even if it means going from N200 to N500. Why? Because stability allows the government, businesses, and investors to plan effectively. To reiterate, the long-term value of the naira is not the primary concern; rather, its stability over an extended period is crucial. For example, one dollar gives you 1,270 South Korean Won or 14,800 Indonesian Rupiah. However, these economies are better than Nigeria's because investors and businesses know what to expect. They can make plans and confidently invest, knowing that if they put $100k into these economies, they will... https://lnkd.in/eaW5NkFD

The Nigeria Customs Service has announced a conditional lifting of ban on export of processed wood, charcoal and other allied products. In a circular with reference numbers T&T/2023/CIRCULAR NO.8, dated 8th of June 2023 and signed by Assistant Comptroller General of Customs, Musa MBA for the Comptroller General, the service confirmed that the administrative ban placed on the export of processed wood, charcoal and other allied products is lifted with immediate effect. The circular reads in part “I am directed to forward herewith copy of the Federal Ministry of Finance letter Ref: No.F.17545/T/9 dated 5” Jun 23 on the above subject matter. “The letter which is self-explanatory confirms that the administrative ban placed on the export of processed wood, charcoal and other allied products is hereby lifted with immediate effect. “However, threatened plants classified as endangered species (CITES listed), including Rosewood (Pterocarpus erinaremainremains prohibited from being exported. “Consequent upon the foregoing, all requests for the Exportation of Processed Wood, Charcoal and other Allied Products, must be supported with a letter of approval obtained from the Federal Ministry of Finance, Budget and National Planning. "Furthermore, in addition to strict compliance with the provisions of the extant guidelines for non-oil export, you are directed to collaborate with the Forest Officers at the ports and borders for proper identification and prevention of exportation of prohibited wood products” Learn how to export charcoal with ease - whether as an avenue to make good fortune or build a global scale sustainable business. Register here: https://t.ly/x4ST

Hilda Baci finally got her official certificate from GWR as the longest cooking marathon (individual) record holder, for 93hrs 11mins (about 7hrs was deducted). Congratulations to her. I hope others contesting to break this record follow the GWR rules and regulations strictly.