Two young Abuja-based Chief Executive Officers (CEOs), Sadiq Muhammad and Ebere Chidubem, have recounted how their daring spirit and entrepreneurial zeal moved them from the burgeoning unemployment market and transformed them to budding entrepreneurs.
In separate interviews with Daily Trust, both CEOs shared how their laundry business transformed their lives and those of their dependents and gave them hope for a bright future.
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Sharing his experience in a tone laden with fulfillment, Sadiq Muhammad, the CEO of Unique Laundry Services in Kubwa, recounted how he started the laundry business in 2009 and today could boast of reasonable earnings from it.
Muhammad, an accountancy graduate from Ahmadu Bello University (ABU), Zaria, said he ventured into the business after searching for some years for paid employment to no avail.
“When I graduated from the university in 2007, I applied for jobs in different places.
“I got a job with a hotel in Abuja.
“I worked in the laundry and dry cleaning department.
“So, I learnt it.
“After a while, I decided to set up my own business from my house,” he said.
The young entrepreneur said from his house, the business had expanded to two shops in different locations in Kubwa with five employees.
“During the lockdown, few customers brought clothes for washing, but business is picking up,” he said.
Muhammad said although the business remained profitable, poor electricity supply constituted a big challenge.
“This work needs a lot of power supply. I buy recharge cards for almost N10,000 every month,” he said.
He urged the Federal Government to give laundry business loans to procure more machines and upgrade their business.
Muhammad advised other graduates not to wait for paid employment, but be creative.
Similarly, the CEO of Descent Laundry based in Apo Resettlement, Ebere Chidubem, said he started the business in 2016 with N150,000 and thatit had since earned him millions in cumulative earnings.
Chidubem, whose highest academic qualification is Senior Secondary School Certificate (SSCE), said he started life by learning welding but that he could not cope with it and needed to run a business, hence his venturing into laundry business.
“I pay my bills and support my younger ones with my business.
“There is no way I can go broke again because there are people who are looking for someone to wash clothes for them,” he said.
The young entreprenuer said some years ago, he thought he would end up on the streets because he had no university degree but that through hard work, he had enhanced his social status.