Dear entrepreneur, Let’s be real. Sometimes, running a business feels like waiting for manna from heaven. Sales are slow, customers are ghosting you, and you're one more “Dear Valued Customer” email away from giving up. At this point, you start considering a 40-day fasting challenge or looking for a “prophetic business breakthrough” session. But hear me out—maybe what you need isn’t a miracle. Maybe you just need a mentor. Mentorship is of immense value and I will always advise every entrepreneur to have at least one mentor. However, you should note these points so you don’t go about the whole mentorship thing the wrong way: Mentors Are Not Magicians: A mentor won’t wave a wand and make your business the next big thing overnight. If that were the case, we’d all be billionaires by now. A mentor is there to share insights, help you avoid costly mistakes, and guide you through the jungle that is entrepreneurship, not to perform financial miracles. Faith Without Works Is Dead (Even in Business): Many entrepreneurs pray for success but don’t take strategic steps. “God, send me customers” sounds good, but have you worked on your pricing, marketing, and business model? A mentor will help you refine these things, but you must be willing to put in the work. Look for Mentorship, Not a Financial Sponsor : Some entrepreneurs hear “mentor” and immediately think “potential investor.” My dear, mentorship is not a cash giveaway program. Approach mentors for guidance, not handouts. A good mentor will teach you how to generate revenue, not just transfer some into your account. Mentors Can Save You from ‘Village People’ Mistakes: Not all business failures are spiritual attacks, some are just bad decisions. Wrong pricing, poor marketing and ignoring customer feedback are some of the things a mentor could have warned you about. Before blaming your village people, get advice from someone who has walked the path before. Take the Advice and Run With It: Getting a mentor is one thing; listening is another. Some people collect mentorship like fashion accessories but never apply the lessons. Don’t be that entrepreneur who asks for help but still does whatever they feel like. Take action, make changes, and let the results speak. Your business doesn’t need a miracle as much as it needs the right guidance. A mentor can help you scale faster, avoid common pitfalls, and make better decisions. Seek wisdom, put in the effort, and success will come, not magically, but strategically. Now go forth and get mentored! 🚀 Here’s what I have for you today:
Trending Business NewsSMEDAN Empowers Young Entrepreneurs in Agriculture, Tech, and Entertainment
Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has launched a talent initiative to discover and support young Nigerians in agriculture, technology, and entertainment. This program offers aspiring entrepreneurs a platform to showcase their skills while receiving essential training and business support. Read more IMF Appoints Tony Elumelu to Advisory Council on Entrepreneurship and Growth
The International Monetary Fund (IMF) has appointed Heirs Holdings Founder and Group Chair, Tony O. Elumelu, to its Advisory Council on Entrepreneurship and Growth. Convened by IMF Managing Director Kristalina Georgieva, the council brings together global business leaders, policymakers, and academics to identify regulatory barriers to entrepreneurship and recommend policies that drive innovation and sustainable economic growth. Get more details HERE Santander and Dentsu to Launch Digital Platform for Global SME Growth
Santander Corporate and Commercial Banking is teaming up with global business transformation firm Dentsu to develop a digital platform that will help small and medium-sized enterprises (SMEs) expand internationally. More details Here Kenya-Nigeria Trade Mission Strengthens Intra-African Trade Ties
The initiative reflects a broader push to deepen intra-African trade under the African Continental Free Trade Area (AfCFTA), which seeks to eliminate barriers and enhance economic cooperation across the continent. Read more Ripple Partners with Chipper Cash to Boost Crypto-Powered Remittances in Africa
Ripple, a leading provider of crypto-powered payment solutions, has partnered with Chipper Cash to enhance cross-border transactions into Africa. The collaboration will integrate Ripple Payments, a blockchain-based solution designed to make international money transfers faster, cheaper, and more efficient. Get more details HERE Opportunity GaloreCall For Applications: CcHUB, Gates Foundation Digital Public Infrastructure Partner Ecosystem Program ($20,000 Product Integration Grant)
This project aims to harness the power of Artificial Intelligence (AI) and Digital Public Infrastructure (DPI) to tackle systemic challenges and create transformative opportunities across key sectors such as health, education, agriculture, public service delivery, and women empowerment. .Get more details and Apply today Call for Applications: ACFM Agri-SME Support Program: Seed Lab 2025
The Seed Lab is a comprehensive, cohort-based capacity building initiative crafted by the African Development Bank (AfDB) and Open Capital. Leveraging decades of experience supporting Agri-SMEs across Sub-Saharan Africa. Get more details here. Call For Applications: MarkHack 4.0 For Entrepreneurs, and Startups (Up to $10,000 prize pool)
MarkHack is Nigeria’s first-ever marketing and media conference, designed as a collaborative gathering of innovators, entrepreneurs, policymakers, media practitioners, and marketing professionals. This dynamic event aims to create impactful solutions to real-life challenges in the marketing and media sectors within two months. Get more details HERE Call For Applications: Greentech Africa 2025 Accelerator Program For Startups in Africa
Greentech Africa 2025is an investment-readiness accelerator program that will support 10-15 startups in Egypt, Kenya, Nigeria, Senegal, and South Africa with innovative solutions for sustainable development. Get more details here. Call For Applications: Llama Impact Grant for Startups and Researchers in Africa (Up to $20,000 grant)
Are you a startup founder or researcher based in Sub-Saharan Africa with a vision to use AI for social good? Meta, in collaboration with Data Science Africa, is thrilled to introduce the Llama Impact Grant, a unique grant opportunity designed to empower local innovators leveraging cutting-edge artificial intelligence to address regional challenges.. Get more details and apply HERE You can access many more opportunities HEREFun Facts about EntrepreneurshipDid you know that the first food processing business is believed to be ancient grain milling, which dates back to around 6,000 BC in ancient Mesopotamia (modern-day Iraq). The earliest mills were manual, using stones to grind grains into flour. This innovation marked the beginning of food processing, allowing for more efficient food production and paving the way for modern agriculture and food industries. They used simple grinding stones (querns and mortars) to turn harvested grains into flour for bread and other foods. Over time, they developed larger mills powered by animals, water, and later wind, laying the foundation for modern food processing. Some Resources For YouHow to raise funds for your SME through Equity Financing Monetizing Your Supply Chain Data _______________________________________ For more news, opportunities, resources, and other items, kindly visit: www.msmeafricaonline.com Follow us on social media: YouTube , Instagram, Twitter (X), Facebook, LinkedIn Join other Entrepreneurs across Africa in the MSME Africa Community HERE Till next time Olu, MSME Africa MSME Africa Pulse is free today. But if you enjoyed this post, you can tell MSME Africa Pulse that their writing is valuable by pledging a future subscription. You won't be charged unless they enable payments.
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Saturday, 29 March 2025
Do you need a mentor or a miracle?
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