Majid Tokurah, who is the
Co-Founder, WeMove Technologies, in this interview speaks on the role
technology-driven logistics and transportation solutions contributes
towards connecting products and services to consumers. Hamid Ayodeji
presents the excerpts:
Can you shed more light on the services WeMove provides?
WeMove Technologies is a transportation
technology business, focused on building solutions for
transportation
and transport dependent industries. Our flagship offering is an online
service for individuals or corporate organisations to hire any kind of
vehicle they need to move products.
WeMove provides airport transfers, event
shuttle services, interstate movements, house moving services, light,
medium and heavy duty trucking hire services. Basically when you need a
vehicle all you need to do is visit our website and in three minutes we
would supply what vehicle service you need. WeMove is making access to
transportation services simpler, safer and faster. Our product, WeMove
Books provides an end to end solution for transportation and logistics
partners to make their manual operational processes automated, thereby
reducing cost by forty percent. WeMove Books is a software service that
empowers individual and corporate vehicle partners, and transportation
companies to manage their booking, manage drivers and vehicles without a
manual register, in a more direct way through technology.Tokurah:
Entrepreneurship Requires Self-motivation, Hardwork
Also, WeMove Books provides solutions
such as, unavailable or overpricing of specialised manpower, lack of an
adequate vehicle performance report, unorganised bookings management,
poor record keeping, unavailability of up to date admin information,
poor finance and accounts management and vehicle tracking.
Our vision is to become the preferred transportation logistics services technology platform by meeting customer services and requirements, cost control and human capital development. Our mission is to connect more users, businesses and communities to quality transportation and logistics services.
Our vision is to become the preferred transportation logistics services technology platform by meeting customer services and requirements, cost control and human capital development. Our mission is to connect more users, businesses and communities to quality transportation and logistics services.
What motivated you to become a logistics entrepreneur?
My journey to logistics entrepreneurship
started five years ago, when I attended an agricultural conference in
Abuja, I got a request to supply sorghum seeds in trucks for a research
institute in Ibadan at the event. After making all necessary
consultations and back and forth to truck engagements, I couldn’t really
conclude in making the necessary arrangements due to price variations.
This was my first time moving goods. The challenges with unstructured
and unreliable supply chain players helped me to get familiar with the
processes involved. This experience motivated me towards partnering with
my friend, a software engineer full time.
Taking a look at the current
economic climate in Nigeria compared to developed parts of the world
regarding how they leveraged on technology in order to grow their
economy, how will you advice stakeholders to infuse technology to
develop the country’s economy at a faster pace?
Nigeria’s’ ICT sector has grown since
2001 from less than one percent in GDP to almost 10 percent today.
Despite Nigeria’s’ infrastructural deficiencies private institutions
have been able to attract technology investments with figures actually
surpassing South Africa, raising a total of 94.9 million dollars. Even
though the business climate in Nigeria is hampered by infrastructural
deficiencies, government policies, regulatory issues among others;
technology driven firms still deliver services for healthcare,
agriculture, finance, education, e-commerce, retail related services,
transportation and logistics. But other local businesses that cannot
raise major international investments rely instead on family and
professional networks.
The government, private sectors and
other stakeholders must take deliberate strategic steps and decide to
infuse and implement new technologies within organisations, stating the
importance of digitisation within institutions in achieving business and
economic growth across all sectors of the economy and this should be
done through policy engagements with the private sector and other
stakeholders.
What sort of work philosophy is WeMove
based on, and how were you able to discover and put together the right
team so as to upscale the brand up until this point?
We are dedicated to the use of our
platform to contribute to the culture, benefits and welfare of people
throughout the world who need to access transportation and logistics
services on a daily basis. Hence, our work philosophy and value revolves
on leadership, reliability, trust, efficiency, attention to results,
punctuality and timeliness, continuous improvement and innovation, as
well as social responsibilities and ethics.
On building the right team, the success
of a business depends on the team you create. At WeMove, trust is at the
core foundation of our positive work culture. Hence, we identify
individuals who share the same vision and energy so as to get the job
done.
Our future prosperity is also directly linked to the prosperity of our customers, partners, agents and shareholders indeed the entire WeMove family. So, we do all it takes to make them happy.
Our future prosperity is also directly linked to the prosperity of our customers, partners, agents and shareholders indeed the entire WeMove family. So, we do all it takes to make them happy.
What initiative is WeMove
implementing in order to expand the capacity of its operations so as to
reach a larger target audience?
WeMove is expanding capacity for anyone
interested through an opportunity designed to empower persons within
African cities to set up and run their own transportation logistics
business. Now you can become an independent distribution agent by
contacting us through our platforms stating your interest to becoming a
WeMove distribution agent in Nigeria. Currently, WeMove works with
business organisations to interface with their transportation services
providing access to vehicles including buses, trucks, sedan cars, bus
vans to mention a few. We also work with FMCGs or retail outlets that
need to move their products on a daily basis.
How receptive has the society been towards your firm?
We appreciate the support we have gotten
from our friends within the information and communications technology
(ICT) industry; tourism industry and the agricultural industry, because
without their support we would not have been in business. We boast to
have serviced some of the top names within each of these business
segments and industry. However, we are looking to secure more businesses
from other organisations.
Transportation, haulage and logistics are an essential part of human activities, and in many ways form the basis for all socio economic interactions. So far so good, it is a service everyone needs, especially as everyone needs to commute themselves and their goods daily from one place to another.
Transportation, haulage and logistics are an essential part of human activities, and in many ways form the basis for all socio economic interactions. So far so good, it is a service everyone needs, especially as everyone needs to commute themselves and their goods daily from one place to another.
How has WeMove been able to give back to the society?
WeMove supports local transportation
businesses by facilitating business trips transactions worth millions of
naira through its platforms. Our transportation solution platform,
WeMove Books provides weekly reports of how an organization’s
transportation business has performed over the course of every week.
Also, WeMove in other to promote tourism in Africa launched Rally
WeMove, which features tourism destinations for staff of business
organisations and provides discounts for staff anytime they opt in to
take trips to tourist destinations. We are passionate about promoting
tourism in Africa and encouraging organisations to get their staff
incentive through beautiful tour trip destinations. WeMove in the past
has given back by supporting some tourism events among other causes.
From your experience what makes up a successful and sustainable entrepreneur?
For most of the time I have learnt
running a business is not for the faint hearted. There are too many
variables to contend with, most of the time they are not envisaged by a
business plan. Being an entrepreneur requires a lot of self-motivation,
passion, hard work, optimism and decisiveness.
More so, sustainable entrepreneurship requires you to constantly look for innovative ways to improve your current societal condition by providing new products and services or methods that reduce detrimental activities while also generating profits for the entrepreneur. Sustainable entrepreneurship requires identifying how users currently engage with their industry and developing solutions to the challenges.
More so, sustainable entrepreneurship requires you to constantly look for innovative ways to improve your current societal condition by providing new products and services or methods that reduce detrimental activities while also generating profits for the entrepreneur. Sustainable entrepreneurship requires identifying how users currently engage with their industry and developing solutions to the challenges.
How were you able to overcome the challenge of capital which has continued to hinder a lot of start-ups in the continent?
Access to capital is critical to growth
of our entrepreneurial economy. Nigeria has an estimated 37 million
micro, small and medium size companies (MSMEs) contributing over 48 per
cent to the GDP and employing over 60 million. Nigerian’s battles with
high interest rates to loan capital from financial institutions and the
mistrust from local investors has forced stiff control of local
investments. Businesses prefer raising funds through personal savings,
family and friends, grants. Etc. When we started the WeMove business,
funds were mostly bootstrapped before we fortunately secure angel
investment.
From experience of doing business in Nigeria I have discovered the best way to grow a business is through customer funds growing the revenue. When there is no paying customer eventually there will be no business.
From experience of doing business in Nigeria I have discovered the best way to grow a business is through customer funds growing the revenue. When there is no paying customer eventually there will be no business.
No comments :
Post a Comment