(Promoting Entrepreneurship & Self-Dependency Among Youths)
Congrats, you have been recognized as the entrepreneur of the week on Stacyspeakscom.
Name: Okunade Temitope
Educational Qualification: Bsc. Mass Communication (Undergraduate)
Brand name: Cakes n Ribbons
Commencement Date of Business: January 15, 2018
Number of Years Business Has Been in Existence: 3 months
Description of Business: I bake and supply fresh cakes and desserts for all occasions.
Are Your Parents in Support of Your Business? Totally, in fact they’re my support system.
Motivation: My Parents
Role Model: Dr. Tunde Okunade
Major Business Challenge: As a student it has been very challenging to make deliveries to certain locations.
Major Business Achievement: A time when I successfully baked 200 cupcakes and 3 big cakes in one day.
How Do You Source For Finances To Run Your Business?
My parents bought my start up equipment for me in January as a form of encouragement and to support my new interest. Usually, they say I am never serious with things like this so they were very excited that I had found my passion; they are always willing to lend me some money to run my business then I pay them back once I get paid by my client.
Where Do You See Yourself In 7 Years?
In 7 years I should be done with my Masters Degree in Creative Advertising and I would have established Cakes n Ribbons to the extent that I would be able to cater for at least 3 out of 5 weddings in a weekend.
If You Are Given 50k To Invest In Your Business What Would You Use it For?
I would get a very big oven and some other equipment which would make baking easier and faster for me.
Advice Someone Who Is Scared To Start A Business:
Don’t be scared just start; conquer your fear. You would inspire people whether you think you’re good enough or not.
Make A Shout Out To People Who Have Been Supporting You relentlessly:
My parent from day 1; Mum; thanks for taking me to the cake ingredients shop that day. Dad; thanks for giving me my start up capital. Big brother; you are my biggest PR. Sister; the world would have been incomplete without you, thanks for always assisting me.
Social Media Handle: Instagram: @Cakesnribbons
Email Address: email@example.com