In this chat, Dipo Adagbada, the serial entrepreneur from Nigeria, who has been the CEO of Exzie since inception sheds light on the new business model and the investor-user reception of the new use case.
Question:- Hi Dipo, good to have you. I will go straight to the point. A lot of money went down the drain from the past model that was taken down. How has this affected a start-up like yours?
Answer:- Hey, thank you. To clear the air, we put a lot together as an Enterprise Management System. The platform was designed by the bests programmer in Nigeria, India, and the United Kingdom. The business model is still viable, and there are many founders and investors still looking at going into that sector. We are in talks with prospective investors who are interested in buying the Codes, UX, and the entirety of the former framework. So money did not go down the drain.
Question:- Would you not consider the shift from the corporate world to entertainment a drastic one?
Answer:- The corporate world runs the entertainment industry. Well, I agree it’s a major shift. My personal philosophy is that there is no point in struggling to survive in an industry where others are doing excellently well at – there are over a million things yet done. We found a sector that is currently being underserved, and we switched to serve that industry because we know we will make a better company in that sector.
Question:- You had users on the previous EMS model, how have they been affected by taking down the platform?
Answer:- All users were given free access to use all aspects of the webapp, and so it was important we ensured we were not financially liable for any economic loss suffered by entrepreneurs using the platform. We made users know the company was changing its model, and the EMS framework was going to be sold. Users were given ample time to clear sensitive data, retrieve data from our cloud service and back up every other necessary detail about their account on the former framework.
Question:- This is the second time the platform is changing the model, how do you guarantee technical and financial security at this, on the part of investors?
Answer:- This is the first time we are changing our model, not. What we had before was an upgrade from an Enterprise Publishing to an Enterprise Management System. In a way, we are not out of line, because the foundation of the company was built on helping the vulnerable. Our investors understand this language. We want to make more money also, but we know we must first perfect our position as it concerns our journey into the future. Now we have a new roadmap that is challenging and groundbreaking, and that is what we will be focusing on and delivering results on.
Question:- What is the future of Exzie?
Answer:- A bigger Exzie. Making content creators happy, making investors happy, and turning in multiple hundred millions of dollars as yearly profit.
Question:- How are you positioned to take over the entertainment servicing industry?
Answer:- We are coming with help for content creators. We are coming with value. We are coming with an aggressive business model and roadmap. We will do our work according to plan and the industry take-over will automatically fall into place. We will be intentional nonetheless.
Dipo Adagbada who has been the CEO of Exzieinc Ltd, holds a degree in Accounting, an MBA in International Business and he is currently taking a Masters degree in Big Data Analytics in the United Kingdom. Dipo is a serial entrepreneur and business Advisor to over 100 SMEs in Nigeria, Ghana, and Kenya. Dipo writes and delivers lectures on business, finance, and investment in his free time.