The Spotlight

Running a Business as a Young Person in Nigeria


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On this episode of the podcast, we were joined by Isaac Adekanye co-host of the the Road to 30 podcast and Head of Strategy and Operations at TFG Group. He shared amazing insights on how to run a successful business and money management tips to get you through this “T-pain” economy.

Follow him on LinkedIn and Twitter

We talked about:

  • Starting and running a business

  • Dealing with the troubles of running a business

  • Knowing when to quit

  • Managing your money wisely

  • Investment tips for beginners

  • Breakdown

    0:00 Intro 

    2:26 icebreaker 

    8:08 Why TFG?

    10:00 Where to invest in for a good ROI

    11:14 Establishing authority as a young person 

    14:58 What to do/know before starting a consulting business in compliance 

    17:04 How to make a business work

    20:06 Challenges in starting a business as a young person

    24:11 How to get angel investors

    27:07 Can we have the life of our dreams?

    30:57 The safest way for beginners to start investing 

    33:07 Isaac's background

    40:49 Why Isaac is who he is

    45:15 Isaac's career highlights 

    46:16 What running TFG has been like

    52:50 The people problem in running a business

    57:47 Other problems faced by the business

    1:02:54 How his MBA helped in solving business problems

    1:05:23 How to make things work even in your absence 

    1:09:18 Dealing with employee theft

    1:12:14 How employees can buy into your dream

    1:14:06 Ponzi schemes and avoiding them

    1:16:16 How to manage your money

    1:27:23 Building an emergency fund 

    1:36:13 Tools to manage your money

    1:38:19 How to survive financially in Nigeria 

    We referenced

    Road to 30

    TFG Group

    Glovo

    Financial Derivatives Company

    ETFs

    Rich Dad Poor Da by Robert T. Kiyosaki

    The Richest Man in Babylon by George S. Clason

    *Mischka YouTube

    Flo Finance 

    The Disciplined Investor by Andrew Horowitz

    Marko - Whiteboard Finance

    Jaiz Bank

    Bamboo

    Meristem

    PiggyVest

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    The SpotlightBy Iwalola Sobowale