EDS Day: Young Entrepreneurs Advised to Grow Ideas
Young and potential entrepreneurs at Covenant University have been advised not to despise their little idea as it may grow to multinational organisations in the future if well managed. The Sub-Dean, College of Business and Social Sciences of the University, Dr. Oluwole Iyiola, gave the advice in a keynote address at the Entrepreneurial Development Studies (EDS) Day recently.
Dr. Iyiola, who stood in for the Vice-Chancellor, Professor Charles Ayo, noted that EDS is a vital part of the development in the world. He stated that some multinational organisations started as little idea from the classroom. “Do not despise your little idea, you may be sitting on a keg of gold,” he added.
EDS, according to him, would make them employers of labour if they pay attention to what they are taught.
Also speaking at the event, a Guest speaker, Mr. Olawale Lawal, advised the audience, made up of students, to start business early, noting that the earlier they start, the earlier they figure out some of the challenges and failures.
Lawal, who is a graduate of ICT Class 2010 of Covenant University, is also a Managing Partner and co-founder of Dabs.com.ng (an online fashion store). He stated that, “I will also advise anyone to embrace their failure because it is their failure that will make them at the end of the day.”
Another Guest speaker, Mr. Seun Owolabi, who is also a graduate of Computer Science, class 2012 of Covenant University and owner of Grapple-Line Limited, noted that anyone can be an entrepreneur. “People think it’s far from them to be an entrepreneur but the fact is that anybody can be an entrepreneur. It is just deciding what to do and sticking to that decision,” he explained.
Earlier in his welcome address, the Director, Covenant University Centre for Entrepreneurial Development Studies (CEDS), Dr. Omotayo Adegbuyi, said that the University pioneered the study of entrepreneurship in the country and has produced over 10, 000 graduates, some of whom are doing well in their own business. “Today, we want to celebrate the success of our graduates and undergraduates who are doing well in business,” he stated.
The highlight of the one-day event was the award to three outstanding student entrepreneurs. The Best Student Entrepreneur Award went to Mr. Nwune Ifeanyi; Mr. Omole Olayinka was awarded the First Runner-up while Mr. Fifoluwa Adebakin won the Second Runner-up award.
There was also exhibition of products by students and invited organisations as well as drama piece by Joel Company from Faith Tabernacle, Canaan Land, to further encourage the students to become entrepreneurs.