Sunday 6 October 2013

NAIJA-PRENEUR II: ENTREPRENEURSHIP IN NIGERIA



 Lots of businesses lose stay local, miss out gaining larger market share and growth opportunities due to lack of presence on a bigger stage reaching a wider customer especially due to absence of  ICT programs and tools in their business. For the few businesses with ICT tools and programs, lack of adequate training for staff members “sabotages” the chance for a Big Break for such businesses.
A solution for such business at hand, available to businesses anywhere in the world, with packages to include training of staff members and an extensive ICT solution for businesses whether big corporations or small and medium sized enterprises, at relatively cheaper rate. Asides the technical excellence provided by this ICT firm, the customer service provided by this firm make them outstanding.


PetVini Global Concept is a company with teams of IT/ICT experts who are create a new path for home-grown technology in Africa, America and Europe. A Nigerian organisation specialised in providing innovative ICT solutions that meet requirements of our clients. 
Our corporate goal is to become one of the greatest IT/ICT companies in the world. Our solutions are driven by our passion for automation and enabling technology for all sectors of the economy, which include but not limited to Finance, Agriculture, Education, Healthcare, Ministries, Departments and Agencies of Governments, Religious Organisations, Power, Transport, Aviation, Entertainment, Telecommunication and Oil and Gas. We currently operate from Lagos Nigeria and Fontana in California USA with teams of very sound experts. 
We have robust partnership system that allows us to give our clients the best global practise in term of technology implementation and some of our partners are – MoblPay USA, Hodi Technologies, China, iWay Africa, Nigeria, KMY China, LiQi Intelligent Technology, IBM, HP, DELL, MICROSOFT, Shandong Zhao Xin Oil Tools Co.

PetVini Global Concept Services 
PetVini Global Concept is an IT/ICT consulting company which specializes in the creation and hosting of web based information management systems, dynamic websites, and custom applications for businesses of all sizes. PetVini Global Concept provides consultation services that help business:



Expand digital presence 
PetVini Global Concept has dedicated teams of developers with the skills to take your business further in the digital world. Whether you need a small application to manage employees, or a large multi-level suite to track products, shipments, and inventory, PetVini can make it happen.

System Analysis and Software Design 
Our highly skilled analysts work closely with your company to design efficient and affordable computer solutions tailored to your specific needs.

Software and Web Development
We develop high quality software and websites using cutting edge technologies. Our Software Engineers and Web Developers work closely with your company throughout the development process. This allows us to continually refine the product to better suit your corporate needs.
  
Original Equipment Manufacturing
We are expert in hardware design and with the aid of our numerous partners across the globe we will bring to life your desired equipment and brand same for you. We are presently into joint manufacturing of devices such as; two way radio, tablet pc, android smart phones, wrist watch smart phones, GPS tracking devices, GSM alarm systems device, laptops and notebooks.
Software Expertise is as follows:

Technology Expertise: Mobile Apps (iOS), Android, Blackberry app, OVI app) Java  (J2EE ,JSP ,Swing ,JDBCServlets) Web (PHP ,XHTML ,CSS ,ColdFusion ,Javascript ,Perl ,Flash ,AJAX ,COMET ,BSS
ASP.Net ) Database  (MySQL ,MSSQL ,Oracle ,Postegre SQL ,Berkeley DB ,SQL Server Analysis Services ) Server Hosting and Administration  (Linux ,Windows ,Apache ,IIS ,Postfix ,MySQL Server ,MS SQL Server ,LAMP)  Application  (C/C++ ,Samba ,C# ,VB.Net ) Implementation Technologies  (Joomla ,PHPFox ,Symfony ,OSCommerce ,Zen Cart ,DotNetNuke ,FedEx Shipping API ,OpenLayers ,Dundas ,PayPal API ,Fusebox )

Our Existing Solutions and Innovations
·  e-Library and School Portal Solution
·  VAS Content Management Solution
·  Mobile Payment and Various Payment Solutions
·  PetVini Intelligent Document Capture Solution
·  E-Portal/Web-based Applications
·  HR and Payroll Application
·  Prepaid STS Meter and advance metering system
·  Security Satellite Tracking Solutions
·  Explosive and Drug Detection Solutions
·  Networking and Wi-Fi Broadband Capacity Implementation
·  Hospital Management ERP
·  e-Judiciary and Justice management ERP
·  e-Legislature ERP
·  Ticketing and Contactless Solutions
·  Stock Market Portal (web and mobile)
·  Forensic Management Application
·  Online Gaming and Lottery Application
·  Revenue Generation, Monitoring and Enforcement Solution
·  e-Prisons and post correctional ERP 
·  Pipe Line Monitoring and Vandalisation Prevention Alert System
·  GSP Solutions
·  Asset Management and Inventory Solution
·  Instant card and PIN issuance Solution
·  Mobile Applications

Contact Details:
Live chat on our website 9am to 5pm Nigeria time
website: www.petvini.com
Tel:+2348189776410
PetVini Global Concept   ng 

Innovations that meet need

The BoICT technology innovative award winner



Thursday 3 October 2013

BUSINESS FAILURE- How much of an entrepreneur's enemy is it?

“Only those who dare to fail greatly can ever achieve greatly” -----------Robert F Kennedy
Would you like me to give you a formula for success? It is quite simple, really. Double your rate of failure. You are thinking of failure as the enemy of success. But it isn't at all. You can be discouraged by failure or you can learn from it. So go ahead and make mistakes. Make all you can. Because remember that's where you'll find success." -----------Thomas J. Watson
“Unless you're willing to have a go, fail miserably, and have another go, success won't happen”. --------------Phillip Adams

Business failure is an entrepreneurs nightmare, no start-up entrepreneur plans to fail. The thought of failure in business is quite dreadful for anyone in business. We plan, strategize, organize ourselves as entrepreneurs so as to avoid failure as every entrepreneur should. It must be remembered that failure might result in stress in many areas of one’s life which includes, confidence, finance, personal relationships and many others.
The truth is many start-up entrepreneurs fail their initial try, does it necessarily make them failures? Let’s see: 

Colonel Harland Sanders – KFC

Colonel Sanders was fired from several jobs before he started the company/business KFC. In 1967, aged 65, Sanders went broke partly due to the construction of a road that jeopardized his business. He ended up living in his car and driving to over 1000 restaurants trying to sell his chicken recipe, asking for a nickel as commission per chicken sold. KFC is one of the world’s largest fast food restaurant chains.

·         Donald Trump – The Trump organization  

Famous entrepreneur Donald Trump established the Trump organizations in 1980 to oversee his real estates. However, in 1990, partly due to the recession, which had effects on many of his company’s project and excessive leveraging, Trump was hit by a corporate debt of about $9 billion.  Soon after that, Trump’s business was in trouble after he had a personal debt of $1 billion. Trump managed to overcome these challenges and get his business back to the top.

·        Henry Ford – Ford Motors Co.

Henry Ford's first venture, the Detroit Automobile Company, went bankrupt in 1901 due to its high prices and low quality products. Ford did not give up. Instead, he re-organized his first company to construct a new one, company. It collapsed due to a dispute with a partner.
Upon his third attempt, he almost faced failure yet again because the low sales he achieved made it impossible to pay back investors. Moments before his yet-to-become empire collapsed, the angel investors saved the company. Hence, Ford Motor Co. was born.

Lawrence Ellison - Oracle
Ellison dropped out of the University of Illinois and worked as a programmer in California for eight years. He later pursued a business with his former boss and set up Oracle Systems Corp. It was off to a rough start, and the partners struggled. Ellison had to mortgage his house to obtain a credit line, and in 1980, Oracle still only had eight employees. It was around this time that Ellison stumbled across IBM's research paper on the programming language SQL. He chose to rewrite it to be run on any computer. When IBM released its SQL supported products in 1981, Ellis was ready and Oracle boomed.
Oracle started making promises it could not keep though, and by 1990, the business was, once again, at stake. After the launch of its 6.0 version, it lost over $28.7 million as clients could not run it – it was infested with bugs. Deciding to start over again, Ellison fired everyone on site and put together a new management team. They liquidated accounts, tightened financial control and created a system which awarded sales reps when a product was shipped. 

Richard Branson - Virgin
Branson's first venture was a student magazine, which he was arrested for as he broke laws prohibiting the publication of advice on remedies for venereal disease. By the age of 20, Branson had already established the Virgin Records shop, which experienced continuous cash-flow problems, even when sales were high. To pay off an overdraft, Branson pretended to buy records for export to escape the excise tax on sales. 
Virgin Atlantic was founded in 1984, starting off with one jumbo jet for a year. During the Government certification flight, birds flew into an uninsured engine, resulting in an explosion. Branson had to pull out cash from his overseas financial subsidiaries and reconstructed the company. After a court battle with British Airways - Branson claimed they played dirty tricks to steal passengers – rising fuel prices and the economic environment of the 1990s, Branson had to sell Virgin Music in 1992 to Thorn EMI. It's been a rough path; but today, as we know, it was worth it for Branson.


Walt Disney - Disney
Since his youth, Walt Disney wanted to be a newspaper cartoonist. He found himself constantly rejected. A reporter once told him he “lacked imagination and had no good ideas.” After Disney founded his first cartoon studio at the age of 22, a bad business deal made the company bankrupt. This led to a trip to Los Angeles. The contents of his suitcase: a shirt, two undershorts, two pairs of socks and some drawing materials. His attempt to become an actor never came true, but he instead founded Disney studios with his brother Roy.
During World War II, the United States army took over Disney studios as a repair shop for tanks and artillery. His animators were all sent to war, including Disney. The company ended up with a debt of more than $4 million as business after the war was slow. Although they had started distributing in Europe, they were having problems getting finance to the USA. So, they started producing feature films overseas.
  



It is not a must for a business to fail before it succeed but in the event of failure in business, one might make it either an avenue to learn from past mistakes like many successful entrepreneurs do or an avenue to quit, throw in the towel and give up on dreams. As long as there is proper business planning, whatever failure comes, its effect is minimal. Business is a path and a good  entrepreneur must understand that the path is usually uncertain and risky. The inability of an entrepreneur to see business failure as an opportunity to regroup, re-strategize, learn and re-launch the business in a much bigger, better way, makes such entrepreneur a failure.