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Maryam Muritala is a foreign-trained lawyer whose expertise extends from Business and Technology to Copyright, Trademark Law, and Contract Management. As a seasoned Business Development Consultant, Maryam has successfully guided entrepreneurs across five continents, establishing herself as a driving force in the business world. In this exclusive interview with Esther Ijewere, Maryam shares her inspiring journey from Lagos, Nigeria, to becoming the founder of Canada Vendors and the visionary behind the renowned Brand Expo.

Childhood Influence

Born and raised in Lagos, Maryam’s entrepreneurial roots run deep, shaped by the influence of both her maternal and paternal grandparents. Inspired by her family’s commitment to service, Maryam’s journey into law was further fueled by her aunt’s encouragement. Her childhood laid the foundation for a life dedicated to building connections and providing opportunities.

Career Path

Called to the Nigerian Bar in 2008, Maryam initially delved into corporate law, working on diverse projects involving contract agreements. Her pivot to business development was a strategic move, opening doors to a realm where she could blend legal expertise with entrepreneurial vision.

Canada Vendors and Navigating Challenges

Witnessing the evolution of the digital marketing space post-COVID-19, Maryam founded Canada Vendors to empower businesses with structured online visibility. The challenges faced, from business registration hurdles to integrating digital marketing, prompted the Canada Vendors Team to host virtual info-session events, offering crucial support during the pandemic.

Brand Expo and its Purpose

Brand Expo, an annual business networking event initiated by Maryam, serves as a platform for businesses to showcase products, services, and brand image. More than a networking opportunity, the expo facilitates workshops, exhibitions, presentations, and networking events, fostering brand awareness, visibility, and valuable business connections.

The Entrepreneurial Journey

Against the backdrop of the pandemic’s impact on small businesses, Maryam launched ‘The Entrepreneurial Journey,’ a YouTube mini-series spotlighting the Canadian small business community. Emphasizing the benefits of technology integration and digital marketing, the series aimed to empower businesses with the tools for growth in the digital landscape.

Being a Woman of Rubies

For Maryam, being a Woman of Rubies means creating opportunities wherever she goes, wearing her crown proudly and tall. Her unique ability to seize opportunities aligns with the essence of resilience and strength that defines a Woman of Rubies.

Inspirational Figures

Michelle Obama, Ibukun Awosika, and Ruth Bader Ginsburg stand as women who inspire Maryam on her journey, reflecting values of leadership, empowerment, and advocacy.

Maryam Muitala, Esther Ijewere and others with Hon. Abike Dabiri during her visit to the City of Brampton

Nigerian Community in Canada

Maryam acknowledges the significant contributions of the Nigerian community to Canada‘s vibrant multicultural society. From business and politics to healthcare and technology, Nigerian trailblazers continue to positively impact various sectors, embodying the spirit of excellence in diverse communities.

Maryam Muritala’s journey is a testament to the transformative power of combining legal expertise with a passion for entrepreneurship. Her commitment to empowering others, evident in initiatives like Canada Vendors and Brand Expo, showcases the potential for positive change within the business landscape. As a Woman of Rubies, Maryam stands as an inspiration, embodying resilience, vision, and a dedication to creating opportunities in every endeavour.

Ruth Aliu, a trailblazer in the dynamic realm of technology, stands as the visionary founder of Techity Consulting—a bastion of IT expertise catering to small business owners across Canada. Specializing in website maintenance/integration services, managed tech support, and cybersecurity solutions, Ruth has emerged as a driving force behind the success of numerous entrepreneurs navigating the digital landscape.

With over a decade of hands-on experience in technology support, cybersecurity, and program management, Ruth’s journey is a testament to her commitment to excellence and innovation. For her, the role of entrepreneurs in the ever-evolving tech landscape is not just about adapting but thriving, and she is at the forefront, guiding businesses toward success through the transformative power of technology.

A Decade of Tech Mastery

Ruth brings over a decade of hands-on experience to the table, encompassing technology support, cybersecurity, securing critical payment infrastructure, engineering program management, and compliance. Her journey in the tech realm has been nothing short of a testament to her expertise and commitment to excellence.

Passion for Empowering Entrepreneurs

What sets Ruth apart is not just her technical prowess but her fervent passion for empowering entrepreneurs. She believes in leveraging technology as a catalyst for business growth, allowing entrepreneurs to focus on their core competencies. For her, it’s not just about fixing issues; it’s about enabling businesses to thrive in the digital era.

Recognition on a National Scale

The impact of Ruth’s work has reverberated across the Canadian business landscape. Techity Consulting has garnered well-deserved recognition, featuring prominently in esteemed platforms such as Invest Ottawa, Digital Main Street, Black Professionals in Tech Network, and Canadian SME magazine. This acknowledgment is a testament to the calibre of services provided by Ruth and her team.

A Mentor and Advocate for Diversity

Beyond her business success, Ruth is deeply committed to giving back to the community. She serves as a mentor with Canada Learning Code, contributing her expertise to the next generation of tech enthusiasts. Additionally, her role on the Board of Directors for Parents for Diversity showcases her commitment to fostering an inclusive tech ecosystem.

In an industry that’s often perceived as male-dominated, Ruth Aliu stands tall, not just as a woman in tech but as a leader shaping the narrative of diversity and inclusion. Her journey is an inspiration for aspiring entrepreneurs and a reminder that success in the tech world knows no gender.

As Techity Consulting continues to make waves, it’s evident that Ruth Aliu’s commitment to excellence and passion for empowering businesses through technology will leave an indelible mark on the Canadian tech landscape. Keep an eye on this tech maven—she’s just getting started.

The city of Brampton recently witnessed a dynamic convergence of innovation and inspiration as Canada Vendors hosted its highly anticipated Empowered Summit. This event brought together experts from diverse fields, offering invaluable insights into technology, cybersecurity, and health.

The summit featured distinguished panellists who shared their expertise with an engaged audience:

Pamela Anoliefo, a Scrum Master with a deep understanding of agile methodologies, addressed the crowd on the evolving landscape of technology and its implications for entrepreneurs. Her presentation sparked discussions on how businesses can harness the power of agile practices to drive innovation and adapt to a rapidly changing world.

Fola Adegoke, a distinguished Cybersecurity Expert, shared insights into the critical role of cybersecurity in today’s digital landscape. Attendees gained an understanding of the cybersecurity challenges businesses face and how to safeguard their operations in an increasingly interconnected world.

In the realm of health, Bridget Nwagbara delivered an engaging presentation on cardiovascular health, emphasizing the importance of maintaining a balanced and healthy lifestyle. Her holistic approach resonated with the audience, underscoring the vital connection between well-being and professional success.

The presence of Mayor Patrick Brown at the event highlighted the city’s commitment to supporting entrepreneurship and fostering innovation within the community. The Mayor’s participation underscored the significance of collaboration between local government and business leaders in driving economic growth and progress.

Additionally,  Uche Okugo, President of the Network of Nigerians in Canada added a sense of community to the event, emphasizing the importance of cultural and professional networks in facilitating growth, unity, and support.

Canada Vendors, the driving force behind this successful event, is owned by Maryam Muritala. Speaking about the summit, Maryam Muritala shared, “The Empowered Summit aimed to create a platform where innovation, knowledge, and collaboration intersected. It is heartening to see the business community of Brampton come together with a shared vision for growth, and I’m incredibly proud of the diverse insights and ideas that were shared at this event.”

The Canada Vendors’ Empowered Summit provided a platform for gaining knowledge and insights, along with opportunities for attendees to network, collaborate, and explore the myriad possibilities in the entrepreneurial landscape.

As the summit concluded, the buzz of excitement and inspiration lingered, leaving attendees motivated to embark on their entrepreneurial journeys armed with newfound knowledge and connections.

For more information on Canada Vendors and their future events, please visit their website

Shanayla Sweat, a dynamic young Black woman, has made a remarkable and empowering move that underscores the strength of entrepreneurship and positive representation. She made the bold decision to step away from her exciting role at Microsoft to establish A Few Wood Men – a trailblazing Black-owned wooden watch collection designed exclusively for Men and Women of Distinction.

Timepieces of Empowerment: A Few Wood Men’s Vision

Shanayla’s journey is nothing short of inspirational. It’s a narrative of breaking barriers, following a passion-driven path, and redefining the watch industry. A Few Wood Men goes beyond being just timepieces; they encapsulate the spirit of empowerment and strength that exceptional men and women exude.

Celebrating Diversity and Inclusivity: A Few Wood Men’s Impact

“As an African American woman, I realized the significance of positive representation and the need to create a space that celebrates men’s empowerment,” said Shanayla. “A Few Wood Men is a tribute to the strong, distinguished men in our lives who shape communities and inspire change.”

With a deep-rooted commitment to providing positive representation and acknowledging the stories that have shaped her journey, Shanayla’s brand stands as a symbol of inclusivity. The collection’s watches are not merely accessories; they are embodiments of the values that drive individuals to break down barriers, shatter stereotypes, and embrace their unique journeys.

 Pursuing Passion and Defying Expectations: Shanayla’s Journey

Shanayla’s decision to transition from a notable position at Microsoft to becoming a changemaker through A Few Wood Men speaks volumes about her dedication to fostering empowerment and challenging norms. Her journey is a testament to the power of pursuing one’s dreams, regardless of the obstacles that may stand in the way.

 Elegance, Style, and Strength: The A Few Wood Men Collection

A Few Wood Men offers a diverse range of meticulously crafted wooden watches that embody elegance, style, and strength. The collection reflects the essence of men and women who are leaders and community pillars. Each watch serves as a reminder of the unique stories and experiences that shape individuals.

 Explore Empowerment with A Few Wood Men

To explore this exceptional collection and discover the power of positive representation and empowerment, visit the brand’s official website at AFewWoodMen.com.

Shanayla Sweat’s journey with A Few Wood Men is a testament to the impact of entrepreneurship, representation, and the celebration of distinction. It is a story that reminds us of the potential we all possess to create positive change in the world.

Few individuals are inspiring and impactful in the dynamic world of entrepreneurship and career coaching. Still, Rukayat Alabi is a shining example of passion, dedication, and the unyielding pursuit of excellence. Rukayat, popularly known as “Ruky,” is a serial entrepreneur and a seasoned Banking and Tech Professional. Her journey from the world of banking to becoming a serial entrepreneur and a beacon of hope for immigrants navigating the job market is a story worth celebrating.

As the founder and CEO of RKY Group of Companies, comprising RKY Careers, RKY Digital Solutions, and RKY Consulting Services Ltd, she has carved a niche for herself by passionately supporting migrants in navigating the job market, securing their dream positions, and achieving excellence in their careers. Let’s dive into her remarkable story.

The Multi-faceted Rukayat Alabi

At first glance, Rukayat may seem like an ordinary entrepreneur, but a closer look reveals a remarkable woman who effortlessly juggles multiple roles. Apart from being the driving force behind the RKY Group of Companies, she also holds a senior Finance Analyst position at a prominent bank in the heart of London. Amid her professional success, she proudly wears the hat of a loving mother to two adorable children. Rukayat’s life is a true embodiment of balance and achievement.

Rukayat’s Journey: A Fusion of Finance and Tech

Rukayat Alabi

Before venturing into career coaching and entrepreneurship, Rukayat Alabi had a successful career as a finance professional. She spent over eight years making her mark in Guaranty Trust Bank Plc in Nigeria, gaining valuable insights and skills that would later prove invaluable in her entrepreneurial journey. Her financial understanding and passion for technology set the stage for her transition to the vibrant world of career coaching.

An Impressive Academic Background

Rukayat Alabi’s academic journey is as impressive as her professional one. She holds a BSc in Accounting from Crawford University and is an Associate Chartered Accountant. Her pursuit of knowledge didn’t end there; she obtained an MSc in Financial Technology from the University of Stirling in the UK. Her commitment to continuous learning and professional development reflects her dedication to excellence.

A Glimpse Into Rukayat Alabi’s Daily Routine

A typical workday in Rukayat’s life is a whirlwind of activity and purpose. Her mornings often kick off with strategizing sessions alongside her team leads, where they set clear goals for the day and week ahead. These meetings set the tone for a day filled with consultations, collaborations, and interactions with her clients and the dedicated trainers at RKY Careers. Each day is an opportunity to positively impact the lives of those seeking to excel in their careers.

Overcoming Challenges with Tenacity

In any field, challenges are inevitable, and Rukayat’s journey has been no exception. She identifies one of the most significant hurdles as ensuring that immigrants don’t settle for less in their job pursuits. She tackles a challenge head-on by providing the necessary support, training, and services through RKY Careers. Her determination to make a difference and the countless success stories that follow are her driving force.

 A Passion That Ignited RKY Careers

Rukayat’s journey into career coaching and entrepreneurship was ignited by a profound passion for supporting immigrants in navigating the global job market. Her brainchild, RKY Careers, is more than just a company—it’s a beacon of hope for countless individuals seeking fulfilling employment opportunities.

RKY Careers has extended its impact across borders, reaching immigrants in the UK, the US, Canada, and beyond. Rukayat’s unwavering dedication stems from the transformative effects she witnesses daily, as lives are changed, and possibilities become realities through the services and training provided.

Rukayat Alabi’s Remarkable Achievements and Milestones

A series of impressive achievements and milestones mark Rukayat’s career. One that particularly stands out is her recognition as the Ed-tech CEO of the year—an accolade that speaks volumes about the impact she and her team are making in the lives and careers of immigrants worldwide. With over 500 success stories and countless professionals positively impacted, she’s a true game-changer.

Exciting Projects on the Horizon

Looking forward, Rukayat and her team at RKY Careers are embarking on an exciting journey of expansion. They are bringing their renowned career support services and career and tech transition training to North America, specifically Canada and the United States. Registering their business in Canada is underway, and the United States is next on the horizon. This move promises to extend their transformative impact even further.

The Powerhouse of RKY Careers

Rukayat Alabi

To truly appreciate Rukayat Alabi’s impact, it’s essential to delve deeper into the incredible work being done at RKY Careers. The company projects Rukayat’s vision and commitment to supporting individuals in reaching their fullest potential. Here are some of what the company offers:

Comprehensive Career Support Services

Its comprehensive career support services are at the core of RKY Careers’ offerings. Whether you are an international student looking to land your first job in the UK or a seasoned professional seeking a career change, RKY Careers has tailored services to address your unique needs. These services cover everything from CV optimization and interview coaching to personalized career planning and development strategies.

Transformative Training Bootcamps

RKY Careers doesn’t just stop at providing services; it goes a step further with its transformative training bootcamps. These bootcamps are designed to equip individuals with in-demand skills and certifications that open doors to lucrative career opportunities. From Project Management to Business Analysis, Scrum Master, Product Owner, Data Analysis, and more, these bootcamps are a launchpad to success.

Personal Branding Expertise

Personal branding is crucial in today’s competitive job market, and RKY Careers excels in this arena. Rukayat and her team specialize in helping individuals craft compelling private brands that make them stand out to potential employers. They understand the nuances of creating a powerful online presence that attracts opportunities.

Visa Sponsorship Strategies

For international students and professionals seeking employment in the UK, visa sponsorship can be a challenging hurdle. RKY Careers provides invaluable guidance and strategies to navigate this complex process successfully. They have a track record of helping individuals secure employment that offers UK visa sponsorship, both within the UK and from their home countries.

Career Transition Support

Changing careers can be daunting, but RKY Careers simplifies the process. Their career transition expertise empowers individuals to shift seamlessly to new roles and industries. Whether transitioning to a tech career or pursuing a different field, RKY Careers has the tools and knowledge to make it happen.

Unparalleled Success Stories

The success stories that emerge from RKY Careers testify to their effectiveness. With over 500 success stories in 2022 alone, the impact is undeniable. These stories represent transformed lives, career clarity, promotions, and individuals gaining the skills to excel in their chosen fields. Her expertise has earned her multiple awards and invitations to speak at prestigious Tech Summits, Career Webinars, and Universities across the UK. Her insights are sought after by those looking to unlock the doors to career success.

The narrative of Rukayat Alabi’s life and career has a common thread—transformation. RKY Careers’ transformative impact on immigrants worldwide stems from the founder’s journey transitioning from finance to entrepreneurship and career coaching, driven by a core focus on change. Rukayat’s vision to empower individuals to excel in their careers and reach their fullest potential has made her a prominent figure in career coaching and entrepreneurship.

As she looks ahead to expanding RKY Careers into North America and beyond, there is no doubt that her influence will continue to grow. Rukayat Alabi and RKY Careers offer top-notch career support, training, and branding expertise to help individuals succeed. It doesn’t matter your background; RKY Careers has a way of helping you excel in the global job market.

 

The recently concluded Women of Rubies Media Visibility BootCamp proved to be a resounding success, delivering two days of empowerment, education, and valuable insights to participants. The event, which took place on the 11th and 12th of August, 2023 featured an impressive lineup of speakers and panellists who shared their expertise on personal branding, financial empowerment, media navigation, mental health, and more.

Click this link   to get your copy and unlock the secrets to enhancing your media visibility today.

Day 1: Empowering Women’s Journeys Begins

The Media Visibility Bootcamp

The event kicked off with a dynamic lineup on Day 1, featuring Esther Ijewere, Nora Agbakhamen, and Chichi Uchendu. Esther Ijewere’s inspiring insights on the importance of building a strong online presence set the tone for the day, followed by Nora Agbakhamen’s captivating take on storytelling. She emphasized the power of storytelling in media, underscoring the significance of connecting with audiences through compelling narratives.

Chichi Uchendu shed light on lucrative opportunities to make money from home, empowering women to harness their skills and passions for financial independence.

Day 2: Fireside Presentations and Main Sessions

The Media Visibility Bootcamp

Day 2 commenced with a thought-provoking fireside presentation featuring Nikki Porcher, Funmi Ayowole, Ariyike Akinbobola, and Mariam Muritala. Their discussions explored empowerment, mental health, having a clean media brand, and success stories. Nikki Porcher empowering talk highlighted the role of media exposure in empowering black women, motivating attendees to take charge of their narratives. while Funmi Ayowole addressed the critical intersection of mental health and media exposure, underscoring the importance of self-care and well-being.

Ariyike Akinbobola shared the importance of having a clean brand that can stand the test of time, while Mariam Muritala shared her journey of building Canada Vendors, inspiring others to pursue their entrepreneurial dreams.

The day then evolved into the main session, beginning with Tosin Ajibade’s expert advice on media navigation, she provided practical tips for effectively leveraging media platforms, and Gusi Tobby shared insights on positioning for media features, guiding participants on how to capture media attention effectively.

Brenda Okorogba closed the bootcamp with an impactful session on personal branding, urging attendees to embrace their authenticity and harness the power of consistent messaging to stand out in their fields.

The Media Visibility Bootcamp
Panellists- Ariyike Akinbobola, Funmi Ayowole, Nikki Porcher, Maryam Muritala and Moderator- Esther Ijewere

Participants expressed their satisfaction with the event, praising the diverse range of topics covered and the high-quality insights shared by the esteemed speakers. The Women of Rubies Media Visibility BootCamp left attendees equipped with actionable strategies to enhance their personal and professional lives.

For those who couldn’t participate in person, click here to gain access to the replay of the event.

We ensured that the transformative insights and empowerment could be accessed.

The Media Visibility Bootcamp

 

The Media Visibility Bootcamp

The meticulously organized event attracted a diverse audience of women eager to learn, grow, and connect. With a focus on empowerment, education, and practical application, the Women of Rubies Media Visibility BootCamp achieved its goal of providing a transformative experience for all participants.

For inquiries, please contact: Adeyinka- Info@womenofrubies.com

Get the Media Visibility Bootcamp recording here

Women of Rubies Whatsapp line: +1636047472

Join our media visibility Whatsapp group 

Website: womenofrubies.com

Social media: Facebook, Instagram, Youtube, Twitter, LinkedIn

 

As an entrepreneur or startup owner, you will agree that a major concern you face is financing your business.

With minimal experience and no business background, entrepreneurs find it very hard to get the money at the initial level. Be it working capital or provision for the troubled times, you need money to run and grow your business.

Here are some ways you can raise funds to fund your business/ideas.

Generally, there are two known ways you can fund your business – Equity and Debt.

The equity option enable entrepreneurs to fund their business by providing an ownership stake to an investor. Here, there is no obligation of repayment. But then, you need to give up a part of your ownership in the business. And you can also make you lose control over the company in the long run.

The debt option is likened to taking a loan for a specific period. You have to pay interest on the amount. Here, the ownership of your company is not at stake. But, if for some reason, you fail to repay the loan, the lender can take your company into liquidation. In such a scenario, you lose your company. The debt option is worth only when you have a strong financial backup.

Let’s get into the different funds available.

Equity-based Funding

  • Self-funding

This is the safest way of funding for your startup. You can either use savings, personal debt, or both for your business. Also, you can consider selling assets like a second home or a property to generate cash for your company.

  • Friends and family

This is a source of both equity and debt funding. Though this seems a handy source of funding, you need to remain cautious while assigning part of your business among friends and family members. Many businesses fail because key parts of business go into the wrong hands. Also, when the capital erodes, it hurts feelings and ruins friendships.

  • Angel investors and Crowdfunding

Affluent investors can bring capital in the startups. They are known as angel investors as they are always willing to invest in ideas they find lucrative in the future. Angel investors can also form a group of investors to spread risks and assist you to do extensive research. Local angels and the Chamber of Commerce are also good sources for funding your business at the initial stage.

Crowdfunding is also a concept similar to angel investors. The only difference here is that there is a large number of people or investors who contribute to your startup idea as per their wish. Crowdfunding has certain norms and its success rate is lower than that of angel investment. Crowdfunding is based either on equity, debt, or rewards. You can select the most suitable platform from hundreds of crowdfunding platforms.

  • Partnership

This is one of the strongest sources of funding for your business. Strategic partners can not only bring investment but also give new thoughts to take the business to the next level. Partners can also help your business by managing key processes. Let’s take the example of a property management company. A strategic partnership with a property maintenance company can help this company to provide 360-degree solutions.

Debt-related Funding

  • Lenders

Many lenders and organizations lend money to small businesses and startups. They lend money either at higher interest rates or ask for assets as security. Here, the interest rate is a bit tricky. For example, if the interest rate is 3% and the term is one month, then the actual annual interest rate is 36%. This is quite high as compared to a 3% rate.

Lenders are of two types- Traditional and Government lenders.

Traditional lenders can be the first choice. Banks and credit unions are included in this type. This type of lenders, however, do not fund any innovative or experimental ideas.

Government lenders work with the government arms to get more funds with some risks.

  • 7a Loans

It is a type of loan that assists startups or businesses that have no collateral. Entrepreneurs with no personal or business assets are the most eligible candidates for this type of loan. However, a common man may not get this type of loan. What makes this loan attractive for entrepreneurs is the fact that the 7a loan has simple T&Cs. Entrepreneurs need to give a repayment guarantee of 85% to take this loan.

  • Banks

Both government and private banks lend SMEs and startups. But they need a track record and want to secure their loans by some of your assets. Banks are, however, not much friendly for SMEs and startups. Many entrepreneurs tend to stay away from banks at the initial stage because they have issues of both working capital and initial funding. In today’s time, banks have quickly become out of focus for entrepreneurs.

  • Venture Capitalists

They are basically the innovators of the business world. They’re constantly in search of entrepreneurs with lucrative ideas. If your idea is capable of working at a small level, you can easily convince a VC (Venture Capitalist) to support your business. VCs provide funds in two ways — equity or debt. Venture capitalists can lead your business to succeed at the international level.

Some venture capitalist companies invest in businesses by offering scholarships to entrepreneurs. Techpreneurs can leverage the benefits of these scholarships and become owners of small companies or startups at a young age. What’s more, your company can get money along with qualified business mentors through such venture capitalist companies. Simply put, VCs can assist you to launch your products while guiding your company at the initial level.

The SBA (Small Business Administration) is also a considerable debt option. It has many options but these options need a guarantee of repayment.

In Conclusion

Many options are available to fund your business at the initial level. If you have a unique idea that you think it is worth investing, you can certainly explore various options and find the ideal one for your startup. But first, be sure you have a solid business plan in place and you have done all to be sure your business is profitable and will scale.

 

Tope Mark-Odigie, a renowned transformational speaker and award-winning television host, is making waves not only in the world of entrepreneurship but also through her impactful initiatives in the beauty industry.

With over a decade of experience as a television host, Tope has seamlessly transitioned her passion for societal growth into innovative solutions that address unemployment, behavioral transformation, and mindset reforms.

Makeup empowerment

Tope Mark-Odigie is the driving force behind “ewabela,” an outfit of professional makeup artists. Through Ewabela, Tope has empowered and trained over 500 women in the art of makeup artistry.

Tope’s love for makeup is a personal indulgence and a profound mission to uplift and empower women. In her own words, she expresses, “I love makeup, I sleep, eat, and drink it. I’m what you will call a makeup freak. I am passionate about teaching and generally impacting knowledge.”

Makeup empowerment

 

Tope Mark-Odigie

Tope Mark-Odigie’s mission is to inspire growth and create positive societal change. Leveraging her expertise as a speaker and entrepreneur, she has successfully ventured into empowering women with tangible skills beyond traditional realms. The impact of her makeup empowerment initiative reaches far and wide, touching the lives of countless individuals.

Her impact extends beyond her professional ventures. As a passionate advocate for good governance, she actively engages with corporate organizations, nonprofits, and government agencies to develop effective solutions to unemployment, behavioral transformation, and mindset reforms.

Tope Mark-Odigie

Makeup empowerment

Tope is not only a transformational speaker and television host but also a visionary entrepreneur committed to fostering economic inclusiveness and empowerment. Her journey unfolds as a narrative of innovation, impact, and advocacy, creating a ripple effect that leaves an indelible mark on the lives of those she touches.

Follow her via her Facebook page: Tope Mark-Odigie to know learn more about her work.

Entrepreneurs are known to possess specific skills that fuel their desires to start, manage, and succeed in a business venture. These traits, however, are also being seen as contributing negatively to their mental health at a given time in their lifetime.

Recent investigations indicate that entrepreneurs are more likely to suffer mental illness. According to Michael Freeman, a psychiatrist, psychologist, and former CEO, entrepreneurs are 50 percent more probable to report having a mental health breakdown, with some particular conditions being more prevalent among founders.

In a recent study, Dr. Freeman observed that up to 72 percent of entrepreneurs surveyed self-reported mental health issues.

THE FINDINGS FROM THE RESEARCH INDICATE THAT ENTREPRENEURS ARE:
  • Twice as likely to suffer from depression
  • Six times more likely to suffer from Attention Deficit Hyperactivity Disorder (ADHD)
  • Three times more likely to suffer from substance abuse
  • 10 times more likely to suffer from bipolar disorder
  • Twice as likely to have a psychiatric hospitalization
  • Twice as likely to have suicidal thoughts

Let’s talk about Mental Health

According to the World Health Organization (WHO), mental health is not merely the absence of mental health challenges.

It is the “state of well-being in which every individual realizes his or her own potential, can cope with the normal stresses of life, can work productively and fruitfully, and is able to make a contribution to her or his community”.

Also known as mental well-being (MWB), mental health, which is traditionally studied in medicine, psychology, and public health, is increasingly gaining attention in other disciplines as well.

Scientists, psychologists, economists, management experts among many other experts are taking an interest in the mental health issues of entrepreneurs.

The experts have concluded that mental disorders are not only common but may, in fact, fuel the entrepreneurial spirit.

According to Michael Freeman – executive coach to entrepreneurs and clinical professor of psychiatry at the University of California-San Francisco School of Medicine…

“Mental health conditions are accompanied by positive traits that enable entrepreneurs to excel.”

Take ADHD, a condition that research suggests is more prominent among entrepreneurial types.

“If you have ADHD, two of the positive traits are a need for speed and an interest in exploration and recognizing opportunities,” he says. “[you have] an ability to act without getting stuck with analysis paralysis.”

Entrepreneurs are recognized as contributing to economic growth, innovation, and job creation across the world. They do so by identifying and addressing the needs in a particular market.

The late Steve Jobs referring to entrepreneurs said, “People who are crazy enough to think they can change the world are the ones who do.”   

In the midst of stiff competition and many challenges, entrepreneurs have to employ strict and strategic measures to remain in business. By so doing, these business-oriented individuals often neglect their wellbeing in a bid to grow their ventures.

Although in the past, entrepreneurs’ mental health has not received much attention, recently, leaders across the world have begun discussing mental health issues to create awareness on the matter.

Earlier this year at the World Economic Forum meeting in Davos. World leaders including the UK’s Prince William, CEO of HSBC, among others, shed light on mental health problems in a therapeutic and non-stigmatic way.

The mental health crisis in start-ups

With such alarming and scary statistics, the question is: why are entrepreneurs more likely to experience mental health issues?

Speaking from his Nairobi office, director of Consulting and Training at People Centric Management Company, Ken Munyua shared with us insights on the following seven areas that make entrepreneurs more susceptible to mental problems.

1. Fear of failure/uncertainty

“Fear of failure has crippled many people even before trying,” observes Munyua.

Uncertainty and anxiety contribute negatively to our mental well-being. With so much competition, uncertainty is ever a looming phenomenon among entrepreneurs.

Remaining positive and pressing on in the time of our powerlessness should be the ultimate goal for any businessman/woman.

“Get out there and try; if it does not work, use the experience to improve on your next venture, Munyua advises.”

2. Social isolation

Incognizant of how they contribute to mental problems, those close to the entrepreneurs can create a social gap through alienation.

While entrepreneurs are excited about the new venture, often, the society including friends and family fail to offer the needed support.

Choosing to the non-traditional path can bring about social isolation as one focuses all energy and time into succeeding in the business.

3. Stress

Munyua notes that in the formative stage, in particular, entrepreneurs require more time to start and ensure the business survives.

During this time, many people in business are pressed hard in managing both business and social life.

Over time, the stress leads to sleepless nights, overworking, and lack of appetite or skipping meals due to work and the problems keep spilling over, which can lead to depression if the stress is not addressed well on time.

4. Impression management

One thing that entrepreneurs do well is acting like everything is working even at the edge of failure.

By creating this facade, entrepreneurs do not seek help even when they need it as they do not want to appear weak.

This disconnect between personal experiences, and what they share with the public creates insecurity, and a sense of confusion, further leading to stress, and consequently depression.

5. Inadequate resources to address mental health

Mental health resources in entrepreneurship, as is the case in other fields, receive little or no support.

As organizations and firms come together to fund and support budding as well as existing entrepreneurs, factors such as mental wellbeing of the businessmen and women should be factored into the budget.

6. Too many expectations

Munyua observes that Carl Rodgers, a renowned psychologist, warns that human beings are disturbed when expectations are not met. “Always hope for the best but prepare for the worst,” Munyua adds.

Our mantra should be “expect nothing, and be prepared for anything,” as the saying by the Samurai of ancient Japan goes. We should be open-minded about the eventualities that might come; both positive and negative.

Munyua calls on entrepreneurs to have a go-to person (s) who is ready to support and invest in your well-being.

Moreover, establish a routine that allows you time off business or any other work-related duties. Use this time to rest and rejuvenate physically, spiritually, and mentally.

 

Article written by Maureen Murori

 

 

 

Culled from sheleadsafrica.org

Photo credit: google.com

Fashion entrepreneur, Mocheddah, has taken to her IG page to recount how being an adult and entrepreneur in Nigeria makes her cry a lot. She posted the photo above on her IG page and wrote

This is me —

After a goooood cry ?, I had to wipe my tears , drink tea , get on the phone and get work done .

40% of my time is spent on the phone talking , I do not wish it so but it is , I’m either talking to staff , a supplier or trying to get logistic companies to “do their job “on time because customers need their orders .. .

Another 40% is spent on the field , in the sun buying materials I would need or on an okada trying to meet up with a delivery, ( I’ll post the picture soon ) 
The last 20% is what I have left for myself , family and other businesses I run … .

.It is HARD , I cry , I cry a lot ???.. .

that’s the only way you can survive as a Nigerian business owner … .

Do not let my Instagram slay pictures deceive you , being an ADULT is HARD work, being an entrepreneur is even HARDER .. .

If you must chop you must work 
On the brighter side God rewards hard work … so you will always reap what you have sewn .. I’m writing this to let someone out there know it’s hard for me too … but we will survive .. PS- try drinking green tea – it makes it easier ??

Credit: LIB