More than 1,000 participants at the just-concluded Stability and Sustenance Business Summit in Warri, Delta State, have learnt the ideals of social and economic values aimed at business growth.
The social and economic growth strategy was delivered by Victory Ighelogbo, small business growth strategist with over a decade experience in scaling startups and medium scale businesses.
At the event themed ‘Small Business Huge Profit’, the SME Growth Strategist described both social and economic values of business as essential in helping to scale businesses from small to medium and eventually, large scale and conglomerates.
Ighelogbo explained that, “the social aspect of business is simply creating a value, a unique solution to an existing or potential problem. It is about trying to create a service or product that will elicit demand from people within or outside your immediate community.”
He continued that, “as the business continue to provide solutions and attract sales, growth will set in and lead to business economic values which will result to job creation and business sustainability and profit.”
Five selected mentees got N50,000.00 grant each to grow their respective businesses alongside free mentorship clinics by the Stability and Sustenance team led by the founder and entrepreneur-missionary, Melody Fidel Okwuazu.
