Uche Akpa Entrepreneur
- English
What I need help with
My background as an entrepreneur
My current challenges
- Putting a strong board of directors together
- Planning and strategy. I have ideas but would like to talk them through with someone who has done this before
- Positioning the business to raise money
Actions I’ve taken so far
- I have registered the business in the United States
- I am in the process of registering the business and associated brand names in Nigeria
- I have contracted a company to provide market reports and a list of similar businesses in our areas of focus
- I have written some plans out, though not in a formal plan
- Contacted potential board members and financial institutions
My future goals
- Acquire existing businesses and consolidate them into one company and brand
- Become the top company in Africa in this space
- Become a major supplier to other countries
- Use the same model and rollup other businesses related to food and beverage
- Take the company public on one of the major world stock exchanges
- Move into other sectors in Africa and form a conglomerate similar to Dangote
My motivations to work with a mentor
A mentor can accelerate my learning and knowledge exponentially. I had a mentor before in sales. They taught me everything I know and then some. I became a true professional and gained the confidence and knowledge needed to close deals. For this new venture I know there is a lot I don't know. Working with a mentor can speed up my learning curve. A major things I also need is someone to be accountable to. I need someone to keep me on task and make sure I working on things that get me closer to my goal. I would hope my relationship with a mentor is long term
About my venture
Lexington Food Started 2019
My venture is a food manufacturing company based in the United States and Nigeria. We will process a specific crop and sell to consumers in Nigeria, as well as export to other countries for industrial uses. Our strategy for growth is to buy existing companies in this space and consolidate them into one brand. We will start in Nigeria and then expand to other countries in Sub-Saharan Africa.
Countries of operation: Ghana, Nigeria, United States of America