AGRO-VETERINARY BUSINESS .

Sunday, January 2, 2022

The Igbo apprenticeship model(IAS) : A Nigerian Model for Stakeholder Capitalism.

The Igbos in Africa has been practicing for centuries what is today known as stakeholder capitalism. The Igbo apprenticeship system (IAS) is a communal enterprising framework where successful businesses develop others, and over time provide capital and pass along their customers to the new businesses.

Few businesses grow to become very dominant, and in doing so, they create a largely equal community where everyone has opportunities. The key focus of IAS is to prevent poverty by mass scaling opportunities for everyone.

The IAS has been recognized as the largest business incubator in the world as thousands of ventures are developed and established yearly through it. While many have noted that the Igbo apprenticeship system could be reformed to provide better protection to the young apprentices, others have argued that formalizing the process will distort the natural equilibrium where people derive pride that they helped younger people.

Nonetheless, for the Igbos and some Africans, it is a working system which has brought equality and peaceful coexistence in communities.

The IAS has been recognized as the largest business incubator in the world as thousands of ventures are developed and established yearly through it. Innocent Chukwuma, the founder of Innoson Motors, the largest indigenous automobile manufacturing company by sales in Africa, is a product of IAS.

Steps to access wealth in agribusiness.

Agribusiness, the business of agriculture. How can you make money? how fast? and which method.

Agribusiness is broad since its an offshoot of agriculture so the first step is what do you want to do? Do you want to start from the scratch? meaning from the farm as a producer or you want to add value by joining the processing train?.

Money loves speed, so run with the speed of light. You can make money with or without your own product. You can start ranking in cash by selling other peoples product in the market making money

The first step is know your niche. 2) Determine how you want to play.( production, processing, franchising or distribution) 3)follow through,create the proper structure .

From farm to fork opportunities abound in all the value chains. Value addition is a goldmine commanding much revenue if properly done. Lets explore beef, kilishi production. You can start production as a cottage industry or you can start by connecting with an established brand and get supplies. The export potential is huge, you will be surprised to know the demand for kilishi overseas.

Steps.....1) kilishi 2) franchise/ distributor/ B2B. 3)Create your own structure 4) make the money.