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22/02/2025

Some days ago, I Oluwafemi Daniel Aderinto came across a short clip where Marc Andreessen said:

"There are products that become companies and then there are companies that come up with a product...many of the technology franchises were products first way before they ever became companies..."

Marc's theory is that the 'product becomes a company' template is really good because it demonstrates or validates the necessity of the product. In other words, it shows the market needs the product so badly that someone goes ahead to build it even before there is an economic motivation to do so. Market-pull, more or less.

Interestingly, though there are many instances of both templates, I have seen a good number of entrepreneurs following the 'product-first' template (without even knowing), but fail nonetheless because they are unable to make the needed transition from product to company.

Of course, there are risks on both sides of the aisle but my observation is that a large percentage of the failure is as a result of a fundamental knowledge gap that cripples the business of the product when it is just about to take off.

So, tomorrow evening, I will address this by trying to fill the knowledge gap largely responsible for the failure many entrepreneurs experience.

This will be a LIVE event on my Facebook profile Oluwafemi Daniel Aderinto, so please join me by 8:00pm (GMT+1) there.

Don't forget to invite a friend.

See you tomorrow.

12/10/2024

Where will you be at 8:00 pm tonight?

Can I interest you in a conversation that could revolutionize your life?

Are you an aspiring entrepreneur but have not taken the step for different reasons? Tonight's conversation will help you simplify your decision by helping you find a clear line of strategic direction for that business idea.

Are you a business owner? You could set yourself up for immediate efficiency and long-term profitability through insights you will gain from tonight's conversation.

If time permits, I'll open the floor tonight to interact with one or two audience members and attempt to tailor the lessons to their peculiar circumstances.

It promises to be an interesting time, so add this event to your schedule if you haven't already... and invite a friend.

See you later.

10/10/2024

You can not satisfy all the needs of your customers, especially when you are just starting out.

As banal as that might sound, I have seen many start-up businesses (tech or not) fail to understand or accept this.

This struggle seems to be stronger among non-tech start-up businesses.

This might be because the concept of 'MVP' is not popular in the non-tech space.

In case you do not know, MVP doesn't mean 'Most Valuable Player' in business. It means 'Minimum Viable Product'.

The concept compels the entrepreneur to look critically and focus on the core, most serious/important problem of the customer and develop the product to solve only that problem.

The product version that is called an MVP is expected to be built with 'Lean' philosophy that accommodates as little waste, noise, or distractions as possible.

Sometimes, the 'bells and whistles' are, at this stage, nothing but distractions.

Only the features that directly/substantially contribute to solving that major problem of the customer are allowed into the product.

The goal is to solve that one problem excellently.

This is very important because the MVP is typically experimental. So, you don't want to invest a lot of resources on something that just might not work.

I digress.

I have found that many businesses don't start because the entrepreneur is focused on the problem he/she is unable to solve while ignoring the problem he/she is capable of solving.

For example, Problem A is the big problem the entrepreneur is focusing on. Solving that problem holds a lot of promise but demands capital the entrepreneur doesn't have and cannot raise.

On the other hand, Problem B is a smaller problem without an obvious huge upside but falls within the entrepreneur's reach, and is connected to Problem A.

Instead of taking on Problem B while gradually building up to attack Problem A, many entrepreneurs stand on the sidelines waiting for their chance at Problem A.

Some stand waiting forever.

My experience shows that this sometimes happens because the entrepreneur is either not aware that problem B exists or not aware of his/her capability to solve it.

This Friday, I'll be getting deeper into this conversation and how you can accelerate your progress in starting, scaling and consolidating your business.

Invite a friend.

27/09/2024

I have been away for a bit.

Apologies.

I have been busy consulting and doing some legal work for a Fintech company.

To be honest, it has been very challenging, mostly because the financial services industry is heavily regulated...everywhere in the world.

I have worked with MedTech, EdTech, and a few other Tech companies but this is on another very interesting level.

Anyway, forgive me for the break.

More importantly, I will be coming on LIVE here tomorrow as I promised 2 weeks ago.

I will be discussing what I call Vessel Craft (TM).

In over a decade of practice, I have observed that the typical client goes to his lawyer thinking he knows what is best for him.

A practical example is when clients say: I want to register a business name.

I typically have two responses to that statement.

I would either ask "Why?" or simply say "Ok" depending on my mood and whether I have time to talk.

To talk...because more often than not, clients don't know that they don't know and the reasons they give are not good.

And because I am passionate about helping, I would usually begin to explain.

There is an appropriate vessel for everything.

Baskets are not used to fetch water.

Pots and pans are not made of rubber;

At least not if you plan to cook in them.

Many ideas fail to achieve optimal traction, results, or efficiency because they are in the wrong vessel.

It's like trying to play basketball while dressed for hockey.

You might get a few shots in, but you will never play your best game.

Vessel Craft (TM) is a coin with two sides, both of which you must get right to give your best performance.

Join me tomorrow night, right here on Facebook, as I talk about Vessel Craft (TM) and how you can efficiently release your resources.

Tell someone.

14/09/2024

Wonderful Saturday morning to you.

Later tonight, I will be live right here in the first of many live broadcasts to take you on a journey of engineering increase in your personal and business life.

I invite you to join me for an interesting conversation worth your time and attention.

See you then.

13/09/2024

Who remembers this puzzle game?

This game was a true test of patience and tenacity, wasn't it?

The objective of the game is pretty simple: arrange the tiles serially from the lowest to the highest number (the overconfident ones would flip that just for kicks) by sliding the tiles within the box.

Achieving the objective can be HARD!

You could arrange the tiles to a point, then for the sake of getting the next tile in place, you have to dismantle what you have already successfully arranged.

I'll be honest...

On a few occasions, I violently pulled out the tiles and forcefully snapped them into the right places instead of patiently sliding them around.
..oh the good ol' days...

Anyway, looking back, I realize that productivity is all about finding the right combination of resources.

I call this "The Right Stack".

Each tile of the puzzle game is a valuable resource.

On its own, it's not too meaningful or valuable.

Randomly stacked with other resources, it is chaotic.

But in The Right Stack, you hear a quiet symphony.

Remember the feeling of fulfillment you get when you conquer the puzzle?

Yeah...that's it.

How do we find the right stack?

Same way we learnt how to solve the puzzle. The more we played, the more we understood.

Initially, to correct a mistake, we would mess-up the whole box of tiles...later, we realized we only needed to move 3 or 4 tiles around.

So, by experience, we learn; whether ours or those of others.

As a result of what I do, I enjoy a front-row seat to the experiences of my clients, I examine case studies and conduct experiments from time to time, all so that my next client can enjoy accelerated results.

What other lessons can you draw from your time playing this puzzle game?

13/08/2024

Serendipity

I am currently studying Serendipity, especially in the context of entrepreneurship and innovation.

I will be right to say that most innovations enjoyed the contribution of serendipity at some level.

In case the word is new to you, 'Serendipity' has been defined as an unplanned fortunate discovery.

At the core of serendipity is the unplanned, unexpected, out-of-the-blue aspect/component.

You know the saying: Success happens when opportunity meets preparation.

In the context of this post, opportunity can, to a very small degree, be considered as serendipity.

So, when we look at that equation:
Success = Opportunity + Preparation

We think opportunity is outside our power, influence, or control while preparation is what we need to work out.

We think "If I can just get myself ready, when opportunity comes knocking, I'll be able to seize it"

But is that really correct?

It has been argued that there are ways to influence/attract/control opportunity.

Perhaps opportunity, like serendipity (as some have argued), is a process and not an event.

What do you think?
Please share in the comments.

07/08/2024

Exponentiality

Below is a portion of the Tribemaster Daily Mentor (Volume One, Issue 37) I received earlier today.

"You cannot 10x your income by working 10x more hours, working 10x harder, or taking on 10x more jobs.

You cannot lose weight 3x faster by exercising 3x more or eating 3x less.

You’re welcome to try.

Exponential outcomes are emergent properties.

They don't come from doing individual things more frequently, harder, or better.

Instead, they emerge from doing them in a way that best compliments the entire system they are a part of.

That system, when harmonized, creates an entirely new thing - or return on effort - that did not exist before A thing that you cannot find, no matter hard you look, because it does not exist somewhere to be found. It must emerge from the harmony of a system; what we often call "synergy."

The above excerpt, and the entire email, resonates deeply with me and what I do through the Net Worth Multiplier Method (TM) and Increase Engineering (TM).

The fact is that you need the right alchemy/combination/synergy of resources to achieve exponentiality.

Additions are great but multiplications are far better because they produce exponential increases.

Everyone must strive to find the perfect alchemy/combination/synergy that unlocks the optimal potential of their resources.

That is what entrepreneurship is about.

But it begins with the realization that the current set of resources at your disposal, deployed differently, can deliver far greater results than you are currently experiencing.

Do you agree?

03/08/2024

Going LIVE in a few minutes right here on Facebook.

Settle down and get ready for a good dose of pure, eye-opening, and empowering value.

8:00pm is the time.

See you in a bit.

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Suite 41, Top Floor, Crosstown Mall, 75, Iju Road, Agege
Lagos

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Tuesday	09:00 - 17:00
Wednesday	09:00 - 17:00
Thursday	09:00 - 17:00
Friday	09:00 - 17:00

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