August Edition of #TheBoardroom is here!

The August edition of the monthly event known as The Boardroom is here.

The Boardroom is a business masterclass for growing businesses using practical, experiential sessions with proven experts. Every month, 20 businesses are selected to attend from a pool of applications.

This month’s speakers are Dr. Ola Brown, (Founder, Flying Doctors Nigeria) and host – Kola Oyeneyin (Founder, Venia Group).

Date & Time: August 24, 2017. 10am.

Venue: The iLx Center, Lekki Phase 1.

You can apply via the registration page. Applications are closing by midnight on Friday – 18th of August.

Paypal join the payment platform in Nigeria

Paypal, the old payment platform that gives consumer enough access to own there privacy, security and for as many living in Nigeria that has been so skeptical to use there credit card online due to fraudulent activities that can affect their finances and credit history can now breath a fresh air as to the fact that PayPal, the financial technology company has now made their presence available in Nigeria, the event that takes place at the open living lab in  the neighborhood of Yaba that house the domain where almost all the developer in Lagos and in Nigeria gather under one roof in other to churn out community relevant technology solutions, the Co-Creation Hub located at 294, Herbert Macaulay way, Sabo, Yaba. In other to give rooms for more customer to get connected and also to improve and expand  their customer base and also encourage the habit of going online for shopping and making life easy.

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Before now PayPal was of the opinion that they are not ready for Nigeria market and not that alone but also Africa as a whole, but I personally say to myself that that was in the time past, several question were then pointed out as to and from the last experience of some people that have wanted to use the platform and some that were locked out due to breaking one policy or another and even some was due to IP address of the system been used as against the registered IP that is attached to the account at the point of registering the account. Though this put so much question in the airways that require attention. The platform go further to establish the fact that individuals hardly leave home without this three things car keys, wallet and mobile phone which serves as the common point of meeting for both online and offline, that is instead of going about with raw cash or better still ATM or credit card but with the flexibility of Mobile phones these days, one hardly go about this three in a way which has easily bridge the gap between the online and offline of the individuals business life.

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But the smell of the good omen coming to town now is that, PayPal has come to stay and need to  understanding the Nigeria financial ecosystem with  technology and even the African business environment in other to know where and how to sync all other product into the market or better still dominating the existing payment platform which might already understand the consumer behaviour and just subsume the platform.

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We therefore keep our finger crossed as to what is in pipeline for Nigeria and the African market, so the challenge goes to tech solution providers to step up the game and build a solution that can transcend beyond this Nigeria and scale through the African continent first due to sensitive and fragile financial setup in Nigeria and Africa thereafter we can then look into studying how we can infuse and integrate into the developed world financial system or say from experience churn out another standard solution to compete with existing one and as well makes life easy for all.

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As of the moment, tech developers that believe in not reinventing the wheel were eagerly awaiting the release of API for integrating into the existing solution that they had running already. At the launch and briefing of the available solution and the stages currently on ground for the merchant and individuals were in attendance some key players in the technology Industries and other stakeholder with developers wanting to dive straight into the available solution even at the beta stage.
Share with us your experience of the platform presence in Nigeria and what you think about their presence compare to what you have experience in the past?

The iHq project, transformation loading…

The iHq project is a project and vision of the open living lab of the Co-creation Hub (aka CcHub), with the vision from the duos that might have seen it ahead (Bosun Tijani and Femi Longe) and the need to have a replica of silicon valley, even if not in anyway closer but totally change the way it is and get improve overtime and also be the very first in Nigeria if not in Africa.
So, the research they have carry out before this implementation stage shows that for changes and improvement to happen the implementation of the project matter most and it is going to be of good benefit to the citizens at the grassroots level, communities, state, economy and possibly the country at large. Also, a very good beginning with many  innovative solution to the common man and not neglecting people at the grassroots level with the inclusion of the students from low-income earners to the governments school around in other to bring them at par with what is obtainable in the developed world.

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Research shows that for changes to be effect and feel, there is need for stable power, access to good road, and in terms of education, general overhauling of the education syllabus might be a thorn in the neck and with the believe that if the available syllabus is judiciously utilise and channel into doing rather than theoretical essay and cramming with the view to gain a certificate at the end of the day might not get Nigeria anywhere than producing unemployable graduates as it is clear that their are jobs out there but unemployable graduates are been produce year-in year-out and this gives rooms to foreigners to coming in and rake the jobs available for the citizens.
Therefore, CcHub as fondly called come up with this initiative that if only the businesses within their vicinity could get access to internet and without forgetting the governments parastatals and educational institutions which is  not limited to tertiary education but also goes down to the grassroots level, I mean to the primary and secondary school in that axis and part of the Lagos state environs.
At the just concluded meeting with the team of solveforX team from the GoogleX arm of Google with the Vice-President of the GoogleX in attendance, Megan Smith, the Google Country Manager Juliet Ehimuan and her Nigeria team to champion the event. Femi Longe give a breakdown of what the project is all about how it all started, how they schedule meetings with stakeholders concerned, how Lagos State governor the person of Babatunde Raji Fashola has been of tremendous help to the project by granting right of way for the implementation of the project. The project is going to see all the institutions within that environs comes alive to bring the best in education with the support of good and quality internet facility to the institutions and also to the secondary and primary schools with the plan to do a train-the-trainer in other to have a full fledged and up-to-date technology and computer education that can project the graduates for a better employment and labour market injection and also ensure a technology solution that enhance green environment with views to also tackle some basic problem been faced day to day like managing traffic with good planning of packing space without contributing to the traffic been experienced in that environment.
The project also had in plan, room for as many people that might which to work from home and get their workdone as fast as possible and timely with access to good and quality internet services. He further enumerate the challenges been faced and the current challenges been proper utilization of this project, after which there is a Question and Answer segment that helps in outsourcing ideas on solution to enhance smooth implementation and adequate use of the project without abusing it and getting it across to the right people which the project is targets at.
To further gain insight and idea into the project proper check their website at CcHub Nigeria
and if you willing to reach out to them send them email at contact, keep an eyes on this page for updates on this and some other innovative projects alike.
Do not forget to drop your comments.

Technology changes in the way we do business

The beginning: How it all started
For Nigeria and some other developing countries. Buying and selling  is as old as humanity in itself.
It all start from trade by barter as we are much used to and with one to one buying and selling but overtime and the advent of technology has brought a drastic change to the way we transact and change business look.
Worst beginning , technology the game changer.
Nigeria as a case study wanting to join the league of countries that carry out transaction online but getting onboard in the negative way which has brought a shameful look and dent to the image of the country, that Nigerians wherever they travelled to get this isolated or convict look and treatment. To some they  believe its a leadership thing while to some youth that are conversant  and follow trend and development agreed that its a bad orientation or improper enlightenment about internet attitude and behaviour with an online transaction thereby turn every youth as of that era to fraudster (I mean like 72% of the youth population) are tagged yahoo-yahoo boys and from that point henceforth Nigeria get delisted from countries that can make transaction online.
But the change and findings  had shows that Africa is the next place for development from trade and also green land for economical development and center of attraction for the global environment, this been known to people of the elite and business analyst that has foresight of the future. Since then, Elite and the business mogul put together their  resources in other to be part of this global village and business arena then be relevant, several studies both within and outside has been put together to regain the dented image of the country and even make the environment and atmosphere available and conducive for the time to come, therefore fixing the integrity issues within before the infusion of the foreigners and to cartered for, this then the likes of Konga, Jumia, Huntella, Kaymu and to mentioned a few.and the likes come onboard to test out different business models ,taking  risk with facts figure and even cash and as well correcting the integrity issues with the believe that if we are able  to solve the integrity issues within then we will be able to convince the foreigner and enabled or say activate online transaction and imbibing the culture in this part of the world.
Therefore bringing this into reality, to this environment and this part of the world, we need to try educate the general masses and go down to the grassroot and even the youth needs a massive re-orientation with regards to the use of internet and re-channel there thinking to the positive aspect and they can be the next change. The government of the country needs to also realise the proper benefit and how this can be of great use to the country at large, so that license cannot just be issued but proper rule and regulation with reliable terms and conditions with an elite within that profession who will know what and what it takes to consider before putting together terms and condition, that will not give room to abusive use, and the merchandise with the license will not just be giving pocket-tearing tariff with unreliable network, and to proper enhance the growth and improve the business aspect of the economy of the country to show reliability and give a good transition with good prospect for businesses and investors.
The few expose people in the terrain now are really strategizing on how to impact the economy at large positively and position it for an international standard.
Kindly tell us your internet experience and how it has positively affect you or your business one way or the other, do not hesitate to highlight the bad effective also.
Till the next column enjoy the rich opportunity of the internet and remain security conscious.

5 Android updates that help you to be productive

Google and the Android running  smartphones  is well-known and Google never believe that a products is fully done and this is what give rooms to frequent update which in recent time has been on the increase and frequently updates should not stop.

1. Quickoffice
Quickoffice is one app that helps you stay with your work and regardless of where you are, you are always at work, important a nutshell say, work on the go. Before now you can only work on the go with your device running on data and this is superb though, and in the era of cloud storage and back-ups, which makes it interesting and not retarded to work on document with different issues from power to fluctuating quality of internet services. But the truth is that not all countries of this world  has this features of running on data and If this is available its not pocket friendly in tariff and the quality of services been offered, at times it someone annoyed and also delay the job to get done, if at all one wish to just get this data plan, despite the unstable service been offered, and its service start to fluctuate while working on a document. There will be delay, but with this new update, you now have document separately and spreadsheet too separately and by so doing you can work on either the doc file or spreadsheet separately offline and the two gets to sync with your online storage once their is internet and though you can now work on your spreadsheet on the go, then once through, and need to have access to your document any where you go, across any device, and at any time at your convenience. This is the cool updated on Google document, presentation and the worksheet.

2. Google Drive
Though from all smartphones users that I have came across and on checking there phone I have discover that most don’t even have this app at all and for as many that has this app never knew its important and usage. Long story short for as many that want to be productive and proactive you will also need this app. Aside that, the needed update on this app is the ability to collaborate on working on documents with a collaborator without needing to do your path and uploading, sending via email while the other collaborator on the other side download and work on same document, while this will take more of the time for the work to get done with. This is not new if you are accessing Drive via desktop and laptop but if it works fine on those platform and we should as well be able to do our work on the go as well, with this new update, you cannot only access the document shared with you only but as well access the document in your drive and also share with others too via this app and it update, as against the earlier version where you can only access documents and other item you have in your drive. So, we say Google keep on releasing updates to better improve peoples live and productivity level for further improvement.
3. Gmail
Gmail is also an app that is kind of pre-built apps that comes with all android devices and Google most time updated this to give user a good experience and the current update on this Gmail will help user to be able to refresh their mail by just swipe down the email screen and bt so doing you will discover the flow of the Google’s colour for a short while and finally reload the page with new email as against the reload symbol on the email page before now. Still on this same app, the reason for which a message is sent to spam is now shown on each spam message when you try open  and thereby letting you to once in a while check your spam and don’t believe because its a spam its not that necessary at all.
4. Easy save to Drive
With this new update, once you are accessing your mail on the go via the Gmail app, you can save attachment direct to your drive without needing to wait till you get to your laptop or desktop system, which makes it easy for individual to access the files and doc anywhere via any devices, Files saves to Drive are easily accessible from any smartphone, tablet or computer.
This to mention afew, also the Gmail apps gives you the acedd to read from right to left as again the normal English way of reading from left to right which consider the Arabic user of android devices.
5. Google camera
There are several camera apps and also some camera are manufactural build though its nother that its that cool as against the manufactured camera apostate but this give user the access to photosphere and user having 4.2 jellybean -4.4 kitkat version will now have official access to photosphere and not need to look for the AOSP camera to do that and no need also to create another gallery as against the AOSP camera features.

5 Things Every Small Business Needs to Excel

It’s the American dream to own your own company and be your own boss. Many people get tired of working for someone else and hope to go out on their own. Although it’s possible to be successful as a small business, it is sometimes difficult and there is no assurance of profit and success. In order to be victorious in the cut-throat business world, companies need these five important things:

Managed Hosting Solution

A small business’ data is one of the most valuable assets they have. Unfortunately, there is not enough time in the day for owners to deal with the technical aspects of their business and, as a result, they need to reach out to data center hosting companies for help.

Using an outside vendor for these services allows small business owners to do what they do best, run their company. Too often, small businesses take it upon themselves to handle information technology and it ends in disaster. Don’t make the mistake of putting your precious data on the line! As your company grows, you may be able to afford a full-time IT technician to keep your hosting in house but, for now, it’s best to leave the job to someone else.

Money

Although this may seem like a given, many small business owners don’t put enough focus on money management. Starting a business requires lots of funding and incurs many hidden costs. Know what your options are in terms of loans and lines of credit so you are always prepared.

Reliable Employees

You are probably not going to be able to run your business on your own. As a result of this, you need to make sure you are hiring the best people for the jobs you need to fill. You cannot be successful without having a strong team behind you, so take the time you need to select the best, most qualified people to work with you.

Physical Necessities

In order for any business to operate successfully, owners need to know which tools and equipment are necessary. The list is specific to each small business, but it may include things like telephones, computers, furniture, and marketing materials. Without these things, your small business cannot operate.

Support Team

Starting and running a small business is going to be one of the most stressful things you do in life. To be able to remain optimistic and realistic, it’s important to make sure that you have smart, rational people you can lean on and talk to. Without personal cheerleaders (as well as thinkers), the journey may seem impossible at times.

To be successful, it’s important to go into business with a strong plan. Be sure to address things like what your managed hosting solution for your data will be. It’s also crucial to have the funds and the best people to help you in all your endeavours.

Source: Dsscorp

What is your take on innovation? The i-HQ project

Playing around with new concepts particularly involving the collective seems to one very outstanding quality in these times of improved technology.
Imagine having to build an innovation neighbourhood just so that the processes of innovation and solution mining are greatly enhanced. These are some of the benefits of a having a project such as the i-HQ. As it unfolds, the main idea behind the project seems to be a unified attempt to accelerate the growth of technology innovation and entrepreneurship.
This would come about hopefully by removing some very unnecessary but prevailing obstacles – such as a lack of broadband internet facilities fast enough to enhance seamless workflow, power issues, traffic jam, and lack of a coherent and concentrated ecosystem where people could co-exist, collaborate and share ideas.
i-hub project in Nigeria

5 Powerful Ways to Analyze Google Forms Data

Last week we looked at how to build an effective survey using Google Forms
, and this week we’ll finish our Google Forms exploration by looking at 5 powerful ways to analyze the data you’ve collected. No need to be a statistics wiz – getting to the bottom of data is simple, as long as you know a few basic moves.1. Where Does My Data Go?Over the last few months, the data location has changed a few times. First, the Google Form and the Data (spreadsheet) were connected at the hip, and editing the spreadsheet would usually break the Form. Then, Google Forms was updated to let you select whether or not a spreadsheet was needed in the first place, and you had to create a response destination. Finally, as of this week, the Google Form now makes a response collecting spreadsheet automatically when you create a new form. *
*One thing to look out for – the response spreadsheet gets created in the root folder, i.e. My Drive, so you’ll need to move it afterwards. Your Form, on the other hand, is saved in the folder from which you created it, if any.*
*If you need to access your data from within the edit view of the form, click “View responses” from the toolbar. The response spreadsheet opens in a new tab, just like opening a new document. The responses spreadsheet is aptly named “[Filename] (Responses)” making it easy to find, which makes total sense. You’ll probably store them in the same folder anyhow. Analyzing Google Drive form data

16 secrets of Google Drive

Formerly Google Docs—has come quite a way in nearly a decade of existence. Originally launched as Writely, a startup’s clever collaborative word processor, Google quickly acquired the app
, changed the name to Google Docs, and released it as a new way to help people work together more efficiently using little more than a browser.
Google changed the name again to Google Drive in April 2012, reflecting the ever-expanding goals and capabilities of the suite. Google Drive’s many and varied capabilities—from chat with collaborators in a document to the ability to automate your entire Drive—can sometime be surprising. I rounded up a few tips to help you get even more out of this online productivity platform.1. Search by person
One of Google Drive’s best features is its ability to let you collaborate with other people on a document in real time. With so many comments going back and forth, however, it can sometimes be a challenge to find the right one. Recently Google added the ability to search not just your documents, but by the name of people who share documents with you. This is perfect if you can’t remember a document’s name, but you do remember who shared it. To use this feature, navigate to your drive in a Web browser, click the Shared with Me link to the left, and then enter a person’s name in the search field. All documents owned by them (or shared with the two of you) will appear.When you can’t remember a document’s name, but youdo remember who shared it, search by the person’s name. Read further
powerful tools called Google Drive

Technology IPO series: Microsoft, the stand of the shares, the long journey and issues to deal with

Microsoft, an America multinational technology company having her headquarter in Redmond, Washington, United State of America. The Company was formally founded by both Bill Gate along His counterpart Allen Paul, specifically on April 4, 1975. Currently, the CEO of the company is Steve Ballmer and the company is into development, manufacturing and licensing of several technology product ranging from Personal Computer (PC), Software and partly Hardware, though most of the time several hardware are not manufactured from the company that own the end products but till date Microsoft has been acclaimed to be the World most valuable company, though controversy abounds regarding that, Also by Revenue measure the company is also regards and the World largest software maker.


Memory down the lane:

The two friends as its no more a story, that Bill Gate and Allen Paul are two tight-close friends that love computer programming and they venture out to explore their talent and come up with their first company in 1972 namely Traf-O-Data, as at then they were both concerned with the rudimentary computer that analyse and track automobile traffic. Allen was actually the one that coin the word Microsoft (Micro-soft i.e. Microcomputer and Software), they both attend different institution, Gate attends Harvard while Allen attends University of Washington only that He (Allen Paul) dropped out to work for Honeywell.

Product churned out of this company are Windows, Office, Dynamics, Azure, Xbox, to mention but a few.


Initial Public Offer (IPO) –

Microsoft like any other company with Bill Gate was contemplating either to go public or not and there is enough internal conflict. The first IPO was review to be $21 but the first trade take-off at $25.50 a share, which is simply an indication that the demand for the stock is highly fierce and the share actually closed at $27.75 and peaked $29.25 a share shortly after the opening.

The share is actually aimed at 2.5million but it is shocking to know that quite number of investor has been waiting for the IPO where the targeted number was subscribed even before the share (stock) goes live for offering at all. By so doing, the stock makes the duo an instant millionaire. As at March 16th, 2006, Bill Gate still own 45 percent of the company share which as at then worth $24.7million outstanding share, while Allen still own 25 percent of the company share.


Since the time Microsoft goes IPO and the company is liken to public own the share hasn’t be stable, but the instability of Microsoft share and for the fact that the company want to scale has cause the company about nine different time to split, from the IPO till date, out of which 7 out of the nine mention are actually 2-for-1, and to further maintain the shareholder and give them sense of belonging when money is made at the end of each, thereby calls for the remaining 2 of the nine to be 3-for-2 and if the mathematics is correctly carried out, imagine a unit of the share as at IPO will yielded 288 unit as at eight years ago (2003), and till date. So at the closing price as at this stated period the value of a unit share then is $27.69 and going through the calculation again, one tend to get the value as of then to be $7974.72

Issues around instability of the company stock:

At time most financial personnel and the financial institution cannot categorically project the future of the stock of a certain company. Then the Bear and the Bull take the risk of putting in their money and be positive about the company performance in business. The world largest software maker is ever undergoing unprecedented changing as of now and some of the company software and license are actually still client-locked software, because less are the people that fall in love with their product, a good example, going by the range of software that has exist for a little while, User/Client are still loyal to a particular product which is the Microsoft XP, and also from my personal opinion, I believe, that happen to be the only Microsoft has actually taking time and also must have endow the version of the operating system which actually is still the rugged of all the Operating system and almost all the support required to fully Function which I believe that makes quite number of user/client stick on to it. On that note, the only thing that will work or simply put that might be the whaow factor and how fully efficient is the new product will be of daily simple-use like that of Window XP cause from the unit sold in Africa and taking Nigeria as a whole it shows that quite number of consumer are not ready to change Operating System and even the Big banks in Nigeria still locked up on this Operating System.


An interesting way to look at the increase in Microsoft, since it went public:

If you look at today’s MSFT closing price of $27.69 down 6 cents; the March 1986 IPO price, accounting for 9 splits, would have cost you 9.7 cents. That would be almost what MSFT lost in value today. So 970 cents invested i.e. $9.70, would now be worth $2,769.00. Although quite a good record, the stock has lost value since its peak of about $60 in early 2000.

Someone who invested $10,000 in the company’s IPO would own a stake worth roughly close to $3,000,000 today.

Microsoft as at current

Microsoft as of today, has wake up to the task of the day, few years back the company was reluctant on some issues like product update, hardware improvement, license issues, which, personally, I believe should not be an issue if the company only remind themselves of their major purpose and goal. I will like to stress this at this point, that for as many company that might want to remain active and focus, should ask themselves this three questions: the what, the how and the why? What is the purpose of existing, what are the solution our product and service want to offer? The How, How do we want to achieve this?, the strategy, measure and logical sequence of getting it done, and finally the Why, I need not emphasise on this, because this I believe is the question that Microsoft never ask themselves along the line, when they missed it. So, it take Microsoft, much time to realise that Windows XP, needs another upgrade and then comes Windows Vista, and in the wake of this, the company discovered the need and some basic flaws with Vista and then, come up with Windows 7, and during this period Android comes to play which hinted Microsoft to cross to the mobile platform and this tends to be the advent of Microsoft Windows phone with partnership with several other OEM, which Nokia is one of them, the era of WindowsPhone 7, then WindowsPhone7.1, 7.5, 7.8 and the era of Windows tablet as the world is going mobile, then the likes of Slate which is the dawn and simply because they have wait this long they have also lose some of their market in some region.

Other products comes from the company but till date their impact was not much felt at all in term of revenue and it does not tell on the price of the company stock/share.


Microsoft jumped 6 percent as the company relied on corporate software demand to make up for weak consumer personal-computer purchases. Microsoft rallied 6 percent to $35.73. The world’s largest software maker is undergoing unprecedented changes, conducting it’s first-ever CEO search to replace Steve Ballmer and starting an organizational overhaul aimed at bolstering sales by focusing on devices and services.

But Microsoft’s stock has recovered since the Nokia deal. It rose another 3.3% in Wednesday trading to $37.87 and is up more than 40% in 2013. Reuters recently reported that ValueAct is also playing a role in Microsoft’s search for a Ballmer replacement and is getting the same kind of access to the final CEO candidates as other board members.

Activists are clearly starting to take aim at larger companies, but it’s unclear how effective their strategies will be because they can only control a relatively small percentage of the shares of big companies. In another example, activist billionaire Carl Icahn is trying to get Apple to repurchase a large amount of its shares. Which probably is another case to look into as to market index, share, stock and decision to be made by several body of the board of Director of companies, if this is the new way to lead and make revenue.

On the upside, shares of Microsoft Corp.
MSFT jumped 4.2% to close at $38.18 after Reuters reported late Tuesday that the company has narrowed down its “shortlist” for CEO candidates, which reportedly include Ford chief Alan Mulally and former Nokia CEO Stephen Elop. Former Skype CEO Tony Bates is also reportedly on the list of candidates. The candidates are being considered to replace outgoing chief Steve Ballmer.

“We believe many investors are effectively being caught ‘off sides’ on Microsoft, still focusing on what could go wrong with the fundamentals, rather than what could go right with new management and likely changes in cost structure, disposition of money losing consumer businesses Bing and Xbox, corporate governance changes and financial engineering potentially extracting a lot more value out of the current assets,” Sherlund wrote. “The harder issue will be repositioning the product portfolio to address faster growth opportunities for the enterprise cloud businesses and what it means to deliver innovative new consumer productivity products.”

Lesson learnt

Regardless of the leadership of a company, the focus of company needs to be structure and the company remind themselves of the reason why they exist almost every morning before beginning the day activities. The idea and innovation needs to come from all the staff for the growth of the company and not lies only in the hand of the board of directors. Comparing Microsoft and the year of existence to Google and her years of existence with the price of their shares in this current era, the difference is strictly and clearly shown.