The Boss Room
“Owning a Skincare Brand is Not Easy”- CEO PreshBNourish Skincare , Precious Opara.
Mrs. Precious Ngozi Opara, CEO of PreshBNourish Skincare, a skincare brand in Lagos State, Nigeria discusses business, funding, enterprenuership & future goals with MO MEDIA on the Boss Room.
BACKGROUND
My name is Opara precious Ngozi, i grew up in a family of 3,(2girls & 1 boy)which am the first. My mum is a civil servant and my dad(late) owns a bus station .I attended community girls senior secondary school umungasi aba(CGSSSUA)and finished in the year 2010.
I moved on to acquire more knowledge in micheal okpara university umuahia (MOUAU)where I did a pre- degree (trial on learning), then later went to federal polytechnic nekede owerri where I acquired a national diploma/higher national diploma certificate in Banking & Finance, graduated in the year 2018 .
BUSINESS
My business name is “Preshbnourishskincare “.i choose this name because it involves myself & my son.
Owning a skin care brand is hardwork and most likely people won’t see immediate result if it’s pure organic and not pro-mixed. PreshBnourish Skincare manufactures and sells pure organic products which has proven several times to be effective on the skins of our customers.
I love to see people’s skin glow. I love organic skincare products because it is very safe on the skin and nourishes the skin.
My love for natural products and always trying to solve skin problems motivated me to venture into the skin care industry.
COMPETITION
It’s a very competitive industry.
I like the competition, because it makes you strong and striving to do well in order to please and keep your customers.
My products belongs to a specific niche; the smaller the niche,the less competition my brand will face.
START UP
My personal financial savings and that of my husband helped me to get started in this skin care business. My estimate is between the range of 75k -100k (start-up fund).
You have to be passionate about skincare before starting the business because it is delicate, it involves the human body (skin).
CHALLENGES
It is time consuming. Also, many requests from customers, being online at all times, ensuring the products work and putting so much money only to get less product after production.
However i’ve been able to learn that hard work will always outweigh talent.
PROFITABILITY
Profitability is an ability of a business to gain profit, analyzing what is left after expenses are subtracted from total revenue.
So far, the business has been profitable.
ADVISE FOR JOB SEEKERS
People can acquire vocational skills,apprenticeship, do something legal & profitable with the skills, in the mean time, while seeking for a corporate work.
THOUGHTS ON ENTERPRENUERSHIP
Entrepreneurship requires dedication planning and availability of resources,conducive environment to thrive. Government policies should also be enabling enough to encourage young minds to participate.
FUNDING
Accessibility of low interest loans from banks, NGOs, Government assistance and relieve packages go a long way in making sure businesses are set up.
FIVE YEARS GOAL
I see my business as a household name,globally,and in everyone’s lip because our products helps tackle all skin issues.
PERSONAL INTEREST
I’m good at fixing, making and building things. I am rational,independent and ambitious.
HOBBIES
Dancing,cooking traveling (outside Nigeria), reading and having quiet time.
LIKES
Loyalty, obedience ,trust,and peace.
DISLIKES
Bullying ,self centeredness,dishonesty ,incompetence and bossiness.
ADVICE FOR ASPIRING ENTERPRENUERS
Don’t just sit and wait,challenge yourself, do what you care about, take the risk, believe in yourself, have a vision, find good people, face your fears & take action.
PreshbnourishSkincare.
Whatsapp: 08039099631,09020067125 .
Business Facebook page: @preshbnourishskincare
Instagram;@preshbnourishskincare
Twitter;@preshugo1
To get featured on The Boss Room as an entrepreneur, send a whatsapp message to 09065109668 or email obidakemercy@yahoo.com.