15 Questions with the Founder of CapitalSquare
Actually, the original article says "15 Questions with the CEO", but we don't really like that title.
I recently got interviewed on WhootAfrica.com, which is this brilliant website that showcases African businesses (it's definitely worth subscribing to, if you'd like some inspiration). The article was published last week Friday, and I thought I would share.
Welcome to Whoot Africa’s – 15 Questions with the CEO.
1. Can you tell us a little about yourself and CapitalSquare as a brand you represent?
I am Modupe Macaulay, the founder of CapitalSquare, a co-working space in Lagos. CapitalSquare is a place for entrepreneurs and start-up’s to have a physical presence and get their start without a lot of the hassle usually involved.
What we provide is a managed shared workspace with internet, uninterrupted power, meeting rooms, lockers, printers, more or less everything a person needs in their office, at an affordable cost.
CapitalSquare is about building a community of professionals from every area of business, who like, support, and want to learn from one another, and it’s a great place to network and grow your business.
2. How did you get started in Business and what did it take you to get to where you are today?
Well, I have always wanted to do my own thing, and I played around with a few ideas in back at uni, mainly focused on branding and identity design for small businesses in school. I didn’t have the time or patience then to focus on that (school was my priority), but I always had it at the back of my mind that I would start a proper business, and I always kept my eyes and ears open for business opportunities.
3. What were you doing before CapitalSquare kicked off, and why did you decide to start CapitalSquare?
Before CapitalSquare, I had just finished school and was trying to find my way in the ‘real world’, figuring out whether I wanted a corporate job or to work for myself. I was trying to get started on another project (you’ll hear more about it in a few months) and my partner and I needed somewhere nice and affordable to work from. I had read about co-working spaces earlier, and I thought that sort of thing would be perfect for us, so I thought it would be a good idea to set one up.
4. Did you know you were going to be an Entrepreneur all along, or did it happen by chance?
I cannot say I knew for sure, but it is always something I wanted to do, and I kept working towards it.
5. What do you love most about your business and your life as an Entrepreneur?
Getting to meet interesting people, and having control of my time. Also, it is just an amazing feeling when you see your idea become reality. It’s priceless!
6. What keeps you and CapitalSquare team motivated?
Knowing that the services we offer are useful and valuable to people – that is what motivates us.
7. What do you think are the most important personal skills someone must have to be successful in business?
Passion/dedication, faith (in yourself and your idea) courage, open-mindedness, and critical thinking.
8. How do you envision the CapitalSquare brand in 5-10years from now?
Big! We are hoping it would be every entrepreneur’s first choice for a workspace. Hopefully, a lot of amazing businesses would have come out of our space, and we should have expanded to most (if not all) major cities in the country.
9. What are the obstacles you encountered in your business journey and how did you overcome them?
10. How would you describe your leadership style?
11. Why did you choose this line of business/service or product and when did you know it was it for you?
12. Who was the most influential person or mentor in your life?
13. What was the BIGGEST risk you have taken?
14. What do you think about college education? Should kids go to college now or get into business if they feel it’s a better choice? Considering some of the world’s greatest never had college education, your thoughts?
15. What would be the most important piece of advice you could give to young entrepreneurs and why?
Click here to read my answers to questions 9 to 15. They also have a lovely picture of me looking very uncomfortable.