http://dragonsdennigeria.com/blog Just another WordPress weblog Mon, 13 Oct 2008 15:40:38 +0000 http://backend.userland.com/rss092 en Viewers and fans of the business reality TV show Dragons Den will be glad to know that the dragons have fulfilled their promise of launching www.naijacities.com, a mobile directory solutions company pitched by Yusuf Bello, an entrepreneur (contestant) on the reality TV show. Now, the website is live and everyone can ... http://dragonsdennigeria.com/blog/2008/10/breaking-news-wwwnaijacitiescom-goes-live/ The most valuable asset known to man is a good idea. But success and greatness may not be achieved with just the imagination of a good idea but by the thoughtful and meticulous process of transforming that good idea into a profitable venture. So many factors contribute to the success ... http://dragonsdennigeria.com/blog/2008/10/episode-12-celebrating-the-five-dragons-slayers/ 5th Entrepreneur The fifth entrepreneur was a website developer who came seeking a 7.7 million naira capital injection in his already existing web-related solutions company; he was ready to part with 15% equity to the dragons. This entrepreneur seemed to have kicked off his presentation on a friendly note with the ... http://dragonsdennigeria.com/blog/2008/10/ep-11-the-importance-of-clarity/ 3rd Entrepreneur   OSAINDE EDMOND ALOHAN was in the den seeking 30 million naira in exchange for 50% equity in his trading and import business.  He was looking for finance to import some computer-related boards used in the assembly of mobile phones and computers. According to him he had already discussed with ... http://dragonsdennigeria.com/blog/2008/10/trading-in-consumer-goods/ In episode 11, we saw the beauty of persistence and perseverance. We also witnessed how much of a put of a defeatist attitude is to investors. In this episode, the dragons shared their knowledge and experiences in the art of pitching with ambitious entrepreneurs. From within the fiery den the ... http://dragonsdennigeria.com/blog/2008/10/episode-11-persistence-and-attitude/ We value your opinions, so we'd like to hear from you... Please take a minute to complete our Viewers' Survey. Thank you. Click below: http://FreeOnlineSurveys.com/rendersurvey.asp?sid=vfxu4k2zbjqgmoi490186 http://dragonsdennigeria.com/blog/2008/10/dragons-den-viwer-survey/ Our last entrepreneur, Philomena Izuka came seeking 1.5 million naira in exchange for 30% equity in her fast food business -House of Plantain. Her idea was to repackage the presentation of the popular roasted plantain. She made an emotionally compelling argument that exploited the consumers’ desire for hygienically prepared and ... http://dragonsdennigeria.com/blog/2008/09/slaying-the-dragons-with-plantain-and-passion/ 5th Entrepreneur:     Richard Usman, another ICT specialist came looking for 16 million naira in exchange for 30% equity. Richard’s idea was to market automatic integrated home systems which would allow for doors, curtains, and electrical appliances to be activated and controlled by the human voice. His presentation revealed the beauty of ... http://dragonsdennigeria.com/blog/2008/09/wheres-your-market-5th-and-6th-entrepreneurs/ 3rd Entrepreneur   With an ICT-based business idea geared towards servicing small businesses in Nigeria, OLUMEFU TOYIN has come to the den seeking 2 million naira in exchange for 30% equity. His opening pitch was neither persuasive nor compelling. He posited that most ICT firms targeted the large conglomerates and ignored the ... http://dragonsdennigeria.com/blog/2008/09/between-passion-and-paranoia/ Tony Eboh, the first entrepreneur in episode 10 came to pitch the idea of an elite sports bar – with strategically empathized on soccer. He was seeking 30 million naira, and was offering 60% equity. He explained that the idea behind the bar would be to create an atmosphere where ... http://dragonsdennigeria.com/blog/2008/09/epidoe-10-need-for-humility-and-compromise/