Entrepreneurs urged to adopt innovative business model

To empower Micro, Small and Medium Enterprises (MSMEs) navigate Nigeria’s economic landscape, esteemed entrepreneur and business leader, Dr Oluremi Olukoya, has introduced the Business Growth Modulation Model (BGM).

This innovative framework, showcased at the recent “Business Growth Series” organised by MSME Africa, equips entrepreneurs with essential strategies to overcome prevalent challenges.

Chief Executive Officer of Pecksgrey Group, Olukoya emphasised that Nigeria’s economic challenges, including foreign exchange volatility, high energy costs, and limited access to funding, necessitate innovative solutions.

“The BGM Model, honed through my successful business ventures, is a proven framework we continue to develop and refine, designed to fuel entrepreneurs’ growth,” he explained.

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This model advocates for a growth mindset, realistic goal-setting, positive attitudes, and robust systems. By adopting these principles, entrepreneurs can enhance adaptability, boost efficiency, secure funding, and expand market reach.

Olukoya stressed, “By embracing the Business Growth Modulation Model, Nigerian entrepreneurs can transform their businesses and contribute to the country’s economic growth.”

As Nigeria strives for economic recovery, the BGM Model offers a beacon of hope for MSMEs. By embracing this proven framework, entrepreneur can navigate obstacles, achieve sustainability, and drive national growth.