Showing posts with label business ideas. Show all posts
Showing posts with label business ideas. Show all posts

Sunday, 22 March 2015

Join Me And Learn As I Manufacture A Solar Panel



Is there actually anyone or any company that is manufacturing solar panels here in Nigeria? It seems every body in Nigeria wants already made products from foreign countries. This shows how lazy we all are. I have decided to embark on a project of manufacturing standard solar panels here in Nigeria. Solar panels are one of the easiest things to make. If many people in this country can learn how to make solar panels, it will surely help to alleviate the problems of erratic power supply which seems to have become an 'incurable disease' in Nigeria. 

The high costs of commercial solar panels scares people away from tapping from the numerous benefits of solar power. It is far more cheap to construct your own solar panels than to buy already made ones. Just be prepared to throw away your generator soon.

The amount of power that the sun deposits on the surface of the earth is about 1000W/m2(watts per square meter). Plants and other organisms capture the energy of the sunlight and convert it to chemical energy that can be later released to fuel their activities. The oxygen released in the process of photosynthesis is used by man and other animals for respiration. In the past, the sun was used to make fire and now, with the invention of photovoltaic technology, the modern man has got another means of generating electricity.Use of solar energy (photo voltaic systems or PV systems) has a lot of advantages over the use of traditional power sources:

1.   It is environment friendly (it does not have the disadvantages associated with continuous fuel usage such as global warming, acid rains, water pollution, sound pollution etc.)

Monday, 29 December 2014

10 Inspiring lessons from Aliko Dangote - richest man in Africa

 

Dangote, a Nigerian and the most richest African, attended Al-Azhar University Cairo, Egypt where he studied business studies.

Business studies generally involve theoretical, and perhaps also practical, coursework in how to manage a company, construct a business model and generally run a business. They may also involve the study of accounting, entrepreneurship, finance, marketing and/or supply chain management

One may probably say that Dangote would not have done so well in business as he has done if he had not gone to an Egyptian University to study business studies. But wait, there are many Nigerians who have studied the same course in Harvard University which was ranked the best University in the whole wide world. Many of them ended up as mere employees in poor firms.

Then, what were the secrets behind Dangote's success? The following are the top ten inspiring things I have learnt from Dangote:


1. Manufacture; don’t just trade
Dangote advised “Manufacture, don’t just trade. There is money in manufacturing even though it is capital intensive. To achieve a big breakthrough, I had to start manufacturing the same product I was trading on; which is commodities.”

2. Build a brand, and don’t destroy it
He also said “To succeed in business, you must build a brand and never destroy it. One competitive advantage I had when I ventured into manufacturing was my brand “Dangote,” which I diligently built in the course of my trading commodities.” 


3. Sell cheap, give quality and don’t kill the competition
Another saying by Dangote is “Don’t kill the competition. Competition is healthy for