How I Started My Business With N1000

Mrs. Ekanem Ekuma, CEO Dreamwalk International Ltd. is on a mission to use local materials to create products of international standards. Ekuma started her business with N1000 only. She started with a dish washer and today, she has eight products to her business name. She boasts of Dream Care floor cleaner, dish washer, hand wash, hand sanitiser, glass cleaner, car wash, laundry detergent and toilet bowl cleaner.

The CEO told Inspire her inspiring business story and what it takes to be a successful entrepreneur.

How did you become an entrepreneur?

I used to be a banker. But at some point, I became frustrated with my life and job. I thought I could do something better by starting a business. I attended a Poverty Alleviation Skill Acquisition Training that lasted three weeks. During that time, I learnt to make the regular road side liquid soap.

But I told myself that I can bring my education into the business and make something better out of it. After lectures, I would Google the chemicals mentioned in class as well as their uses and how they can be combined to produce different home products. When I was able to discover what each one does within the local formulation, I was able to vary it to get something better.

My first outing was a flop. I wanted to do something big. I started with dish washer, I made containers for my products and it cost me almost a million naira. But all that money went down the drain because the containers were not right. The products were okay but I didn’t understand the market. I went in big and lost big. I started again with the floor cleaner and this time, I took N1000 and told myself that if my investment is small, then my loss would be small.

I took N1000 and I bought small chemicals and ten small bottles for my product. I came back and I mixed my floor cleaner. By then, I was neck deep in depression because things were not working out well. I was frustrated and wondered why I left my job for an uncertain future as a business woman. But that time, I made something that worked. I sold them and took the money back to the market.

The floor cleaner was the birth of all my eight products. From the N1000 I invested, I made N1500 gain. I grew from there. I got back into making dish washer. I researched a lot. I made so many mistakes trying to make a good dish washer. My house was filled with chemicals and smells of chemicals. I lost money mixing chemicals. But I continued till I got it right. It has been five years since I started my business. My products have evolved.

How did you get your business registered?

I started at the back of our house then and from the money and the business made, I rented a small shop where I paid N6000 a month. I went to NAFDAC to get approval for my business. When they came to inspect my shop, they told me what I had wasn’t standard space.

They outlined all the conditions I must meet for them to register my business which included potable water, large space, fenced environment. The list was long but I was determined to do this.

After a year, my neighbour moved and I begged the landlord to allow me take her shop so as to expand my space. I was able to do some fencing and expanded my space. NAFDAC finally gave me approval. It took me almost three years to get NAFDAC approval. All our machines are locally fabricated. Our chemicals are locally sourced. My aim is to use locally made products to create products of international standards.

What other help did you get building your business?

I did all these on my own. I researched a lot on making these products. It was also based on trial and error. I learnt from my mistakes. I failed a lot. It took a lot of time and efforts

What lessons did you learn starting your business?

You need to start small. When you start small, the losses are small. Don’t try to be different from the rest without understanding the market first. Creating unique products is great when you have made a name for yourself. 

No comments