Why AY Should Be Teaching in Our Business Schools.|Lessons for small Startups

Fans of the Nigerian comedian, Ayodeji Richard Makun, (Popularly known as AY) are currently sharing their views on how AY has turned his comedy shows into a multi-million Naira business enterprise. In one of such views, Rilwan Akeye argued that the comedian knows ‘more about business than many Biz Admin lecturers who never sold pencil before.’ and that AY has revolutionized the Big Screen Show in Nigeria. The fan gave examples of how AY set the highest profit record with his first movie - 30 Days In Atlanta and then went ahead to break his own record the following year. Rilwan believes AY is the only producer to have released movies (aside his numerous comedy shows and overseas tours) all year round without a dip in profit.

The fan concluded, “Finally, dude (AY) is ever versatile and a tech-embracer. I just saw his ad for his overseas tour for this year. He’ll stream the show live from Nigeria. Gate fee is just $10. Just imagine that!”

What can New Entrepreneurs Learn From AY?

A quick view of AY’s biography revealed that he was not born with a silver spoon in his mouth, he had to fight resiliently against all odds to be where he is today. Every new startup will be faced with lots of challenges from all angles, entrepreneurs who eventually succeed are only those who stubbornly refused to give up!!!

According to a publication made by Entrepreneur.ng, “A.Y started out as a personal assistant and events manager to Ali Baba. His work with Ali Baba prepared him to understand what people want and helped groom him into a professional comedian.” In a list of Top 10 Richest Comedians in Nigeria 2020 published by The 360 Reports, AY sits pretty 2nd on the list with a net worth of 2.5 billion Naira next to Ali Baba who comes 1st with a net worth of 3.2 billion Naira. The big lesson for new entrepreneurs is — do not be ashamed of starting small! Use every opportunity available to learn from those who have gone ahead of you in your chosen field; and shamelessly copy and implement the models that worked for them in your own business.

You might be reading for the first time, AY’s record-breaking movie — 30 Days in Atlanta was his first shot at acting movies. Many people found it hard to believe that it was his very first movie because of the near-perfect way he executed his scripts. To new entrepreneurs, it doesn’t matter at what time you enter into the market. Take your time to make research, whenever you are able to enter, go in with high quality products. Consumers are only interested in quality and not in your years of experience in the business!

One last point that stands out for me from Rilwan’s argument was that AY is tech-savvy … You can derive many lessons from that. A tech-savvy person is someone who appreciate technology, diversification and innovation. Entrepreneurs who keep their minds open to techs and innovative ways of doing things are many steps ahead of others who do not.

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This article was about AY’s record-breaking achievements in the Big Screen Show and lessons other entrepreneurs can learn from him.

I hope you found this helpful.

Happy Entrepreneuring!!! 😊😊

A Teacher in the Morning and a Developer at Night🌻😊