Maybe when we start having great businesses and great bosses, bringing people to solve important problems and be part of a purpose. And when the media start realizing big companies are not all about the genius of one man called the CEO.
Look everything in Nigeria is biased against the working class, and that's why. The fortune and everything great seems to go to the Oga at the top.
I'm discounting even a case where someone work with you from day one, and 2 years down the line, you fire his ass. Or that's when you suddenly realise there is someone from London Business School that knows the job better, and he is demoted, while the he does all the work anyway, he earns N1. 2m, and the day one nigga(who is literally your unofficial cofounder) after 2 years is on N120k despite his loyalty, and can be fired at any instant and be left in the street while you drive your fancy Acura SUV.
Let me ask: How many Nigerian startups today have stock options for employees? Please list them, I'll wait. The average Nigerian business person is just looking for folks to use. Let's not address one side of the equation, and pretend we are not aware of other side. Even here, I have seen post where folks want to give 5% to the technical cofounder with no salary. Bullshit. What's wrong with actual 50% for someone bringing in all his efforts, if you truly respect him, and understand the journey is years ahead?
Don't expect loyalty if you play people for a fool. Most Nigeria businesspeople treat their people like shit, because of course, joblessness. And that's why everyone in day jobs is side-hustling.
Most people are aware their chances of succeeding is low, but what are the chances they won't be fired any instant at current place of work? What is the stock option to make them wealthy after years of work? Besides, how many so-called startups or businesses are built around important purposes other than enriching the life and the family of the founders?
Everybody else is a worker, a machine. I have heard of stories where founder call his people and tell them he is made for life so fuck them. Or a case you hire 70 guys today, and fire them 2 weeks later. Or the crazy, unreasonable work condition.
The next guy wants to play and use the next guy and expect loyalty. For many businesses in Nigeria, the CEO or founder gets a godlike treatment, makes his people he's the actual risk taker and he's up there and they are down there because they are fools, and don't know just enough.
I really won't mention startups or names but the reality is, as an industry we need to start treating folks that work with us very respectfully, make them be part of a purpose and communicate it well. De-emphasize the whole God-effect of founder/CEO.
A little exercise: Please read up the career page of any random cool SV startups. See the perks and culture. Oh, don't miss the Tagline.
Stripe will say: They are trying to increase the GDP of the Internet blah blah blah, help us do that. Same with Twitter, and Facebook, Google or any of the small guys. The pitch is come HELP us achieve this. In Nigeria, you're very fungible and that's communicated in the attitude of your boss. He thinks he feeds your family, and your existence depends on him.
Well, fuck you and your company. I'm leaving to start my own thing. And that's why we have a thousand startups and entrepreneurs today over basic ideas and purposes. Because there are no truly great ones.
I maintain every time that if I were in Silicon Valley, Lord knows I won't be starting any business. I'll probably be trying to work for Square or any interesting startups there. I have no business starting one.
Before I started Revova, I reached to someone whose name I won't mention to join effort, to this day, I have not heard back. I laid out all my plans and everything I'll be bringing in, but naaah. If there are great startups building for SMBs and Fintech that treats people well, I'll probably drop everything I'm doing now to join them. When you know of any, hit me up, I'll wait. So yea.
But guess what, even when you reach out, you will be on the road map because you can't speak phoneh.
I was watching one of Sam Altman startup class video he did in Stanford, and it was the Collison brothers, and the Pinterest guy on seat, and every time Sam try to acknowledge the great work Patrick was doing, he kept on saying: Look myself and John do less than 1% of the awesome things you see at Stripe. 100% of the time making everyone understand Stripe is not just me. Contrast that with Nigerian founders. All praises and adoration is to the founder.
And another quick one: where is the transparency? How much do you know your CEO earns? Can he public with it like that @OoTheNigerian guy that runs a social startup? Let's compare the CEO salary and Benefits with that of the average guy on the floor grinding to make your business work.
You are the CEO and your vacation every year is London, Tokyo, Paris, Atlanta, Greece, Zambia and it's on Instagram and no single person in your company can afford to go to Kenya, and you want to tell me we are in this together. But then you'll be quick to remind you are living this fancy because you were smart and a risk taker.
Nigerian businesses: Capitalize the profits, socialize the losses.
When all is awesome and incredible and billions are raised, the CEO and his boys will be vacay-ing around the world, in fancy hotels, driving fancy cars and shit. And when all is down, startup XYZ fires 100 employees. Nigga fire yourself! That's responsible leadership. Don't tweet or blog shit about how Nigeria is tough from your exotic flat while you lay off Niggers. And then come around to talk about Nigerians are not loyal or everyone forming entrepreneur.
We brought this on ourselves. One day, someone will post about why we have too many jollof rice startups in Nigeria, expect an epistle like this from me on so-called angel investors aka "food is ready" investors that actually give pre-seed money, but pretend to give seed money and only give it like a series A money. But that's story for another day on why we won't be seeing big, interesting startups any time soon.
We have bad founders culture. And we have a very terrible funding culture. All because the next guy wants to use and play the next guy down the chain.