Startups

Don’t let your limitations stop you – Obafela Bank-Olemoh states, at 15th Edition of CFA’s Startups Hangout

Obafela Bank-Olemoh, Special Adviser to the Lagos State Governor on Education (5th from your left), with members of his team that attended the 15th Edition of CFA's Startups Hangout at GoDo.ng premises on Thursday, July 12, 2018, in a group photograph with Chukuemeka Fred Agbata, Jnr, CFA, Convener of the CFA's Startups Hangout and Presenter of Tech Trends on Channels Television (6th from your left).
Obafela Bank-Olemoh, Special Adviser to the Lagos State Governor on Education, has advised Startups trying to take off with their businesses, not to allow what they see as their limitations, to stop them from succeeding with their Startups. He stated this at the 15th Edition of CFA’s Startups Hangout, held at GoDo.ng premises, GRA, Ikeja on Thursday, July 12, 2018. “Every limitation you think you have, should not stop you from succeeding because, some other people have succeeded, in spite of those limitations that you think you have. You need to have the will to overcome those challenges in order to succeed too”, he explained.
CFA’s Startups Hangout is a forum, where Startups converge periodically, to listen to and learn from the experiences of successful entrepreneurs with a view to avoiding pitfalls, learning what they can do to succeed and scale up, as well as network with one another, with synergy in view.

Obafela Bank-Olemoh, Special Adviser to the Lagos State Governor on Education, explaining a point to the Attendees at the 15th Edition of CFA’s Startups Hangout, held at GoDo.ng premises on Thursday, July 12, 2018.

He went on to advice the Startups that, behind every success story is hard work. “There can be no success without hard work, but unfortunately, many young folks are only interested in successes of others, without bothering to want to know the work they did to succeed”, he noted. He emphasized the need to be passionate, focused and prepared for whatever success one wants to achieve. “I started buying ‘The Economist Magazine’ 20 years ago because, I always wanted to be in government and I had to prepare for it”, he stressed.
Obafela stated that people should work with passion, explaining that, you are a product of your most dominant thoughts, making integrity a requisite value. He explained that, if you are Good in Nigeria, you will be good anywhere in the world, whether it is in USA, UK, Sudan or Egypt. “The notion that, you have to leave the shores of Nigeria to succeed, is a lie. You have jobless and homeless people in the streets of Manhattan and New York in the USA, as well as in the streets of London, UK”, he opined.
Further advising the Startups, Obafela stated that, they should start small, think big and scale up fast, lacing it with a quote from Pastor Tunde Bakare as follows: “I like to be part of big things that start small and not small things that started big”. He also advised them to leave good impressions on people they relate with and not burn bridges, as those people may be helpful to them in achieving their success in future.

Question and answer session at the 15th Edition of CFA’s Startups Hangout, held at GoDo.ng premises on Thursday, July 12, 2018.

Obafela resigned from the services of SystemSpecs to start his own business at the age of 28, after putting in 7 years of meritorious service. He stated that he had to sacrifice his comfort by dropping the company car and resorted to taking bus rides, as well as cutting down on a number of luxury for himself and his family, in order to build his business to a point where he and the family are now enjoying today.
Obafela used the occasion to announce that the CodeLagos Initiative of the Lagos State Government, that intends to teach one million Lagosians to code by 2030, is on course. He explained that, it is a Public/Private Initiative that now has a number of both public and private schools, as well as other Centres in town, especially, around the Yaba axis, teaching Lagosians.
The convener of CFA’s Startups Hangout, Chukuemeka Fred Agbata Jnr, CFA, thanked, the Special Adviser to the Lagos State Governor on Education, for sparing time to honor the invitation to the Hangout, out of his tight schedule, to share his experience with Startups that are up and coming in the business realm.
A networking session among the Attendee Startups, with light refreshment, followed thereafter. Details of the 16th Edition of CFA’s Startups Hangout, which also promises to be quite illuminating and interesting, will be announced very soon.

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