Olumide Olayeye

Olumide Olayeye is an ardent sport lover, occasional writer and an aspiring entrepreneur.

5 proven tips for managing office romance in your Nigerian SME

As individuals spend a lot of time together at work, it is only natural that relationships develop. Your employees spend an average of eight hours a day with the same set of people learning about their lives. It’s only logical that employees are going to share the most intimate details of their life with their colleagues.  When potential couples begin to mix pleasure with professional responsibilities on the job, it becomes messy for both the business owner and other employees. Take for example, what would happen if the couple had an argument? Would they be able to keep their personal lives separate and away from the workplace? Or would they act out their feud on the job? And would other employees be pulled into their disagreement, forcing co-workers ...

6 ways to find time for yourself this holiday

The Holidays are coming, yeah! While everyone is excited at the fun prospect of taking a week or two off from work, relaxing and spending time with their family. Entrepreneurs are not. When you run your own business, it can be hard to go on holidays. When your business goes on holiday, your profits might go on holiday as well. Especially when there is no proper plan on ground to keep it running smoothly. As an entrepreneur that wants to ensure his business still runs hitch-free and also wants time for himself during the holidays, now is a good time to map out a strategy in order to free up  time to relax, unwind and spend time with family and friends during the holidays. We have outlined six ways that can help you achieve this, ...

The only productivity tip you need to turn your life around

Mark Twain famously said, “if the first thing you do in the morning is to eat a live frog, you can go through the rest of the day knowing the worst is behind you.” Your frog is your worst task. And that’s the first thing you should do in the morning. By "worst," I mean "most important," and by "most important" I mean the task that is most likely going to give you a headache. Do it, before you do anything else, before you have time to think about it too much. I could as well end this article here, but I’d give you three reasons why should adopt this strategy: 1. It works We often assume that productivity means getting more things done each day. No!

Why your small business is not growing and what do about it

What is business growth? Most people would describe a business that will grow as one that has a unique product or render distinguished services. They will go further by saying such business should offer a great customer service and have an influx of new and returning customers. That definition of business growth is fine, but if you consistently report the same numbers in profit every year, then your bigger vision of turning that small business into a bigger one is getting farther out of reach. This type of situation will only continue to sustain that business and prevent it from closing shop. But true growth won’t happen. Is your business growing? As fast as you expected? No? This article will analyse five things that might be stalling your business growth and proffer solutions to ...

How to improve customer retention

If the rate of customers who buy from you more than once is low, then you have to pay attention to ways of retaining your customers. With a good customer retention strategy, you get to grow your business in a sustainable way. Returning customers increase your revenue by steadily transacting with you. You will spend less on customer acquisition as your loyal customers will indirectly help you bring more customers. Want to learn how to retain your customers without paying more money on marketing or advertising? Let’s go: 1. Keep your customers happy The first thing you want to do to retain a customer is to keep them happy. It’s natural to always want to relate with someone that will leave a happy impression on you. That same logic applies to business transactions.

How to build your personal brand as an entrepreneur

You get a few seconds to make a first impression. It’s only right that you make a good one. All activities you carry out demonstrate your brand. Having a meeting, making a phone call, sending an email are all activities that demonstrate your brand. Personal branding is where you and your career are bundled together into one. It’s the way you market and promote the image of yourself. What you do and what you are all about and what you can do for others. Being the face of your company, the strength of your personal brand often determines how people relate with your brand. A strong personal brand will reflect positively on your sales and number of your customers [PDF].