Kelechi Mbagwu: Steps to Improve Your Business

Kelechi Mbagwu is a renowned local real estate veteran who has transformed his company into a model for business success. The ability to control as many variables as possible is a key success factor. CMB is a one stop shop in real estate and with the ability to control the real estate variable has ensured the achievement of his vision to make housing affordable in Nigeria.

Kelechi Mbagwu, Kelechukwu Mbagwu

Kelechukwu Mbagwu

A good first step towards business success, says Kelechi Mbagwu, is to make a customer-oriented approach a more central part of your business strategy. A concerted effort to understand the needs of your customer can help you design better products tailored to their needs; Kelechi Mbagwu says that you must be open to adaptation as the housing need varies from one customer to the other, and that this requires commitment and diligence.

Kelechi Mbagwu also suggests periodic reviews of your business strategy. Keeping up with your competitors requires constant reinvention, which again necessitates a willingness to recognize and adapt to an ever-changing business climate.

Maintaining a skilled and motivated staff should perhaps always be your number one priority, says Kelechi Mbagwu. Every business needs a team that is consistently committed to its philosophy and to its success. Kelechi Mbagwu suggest finding ways to incentivize tasks and customer service opportunities. Each staff member needs something that will motivate their actions and that will provide a push towards achievement. Kelechi Mbagwu has given his staff great incentives to succeed, which has helped to make his company the best real estate firm in the country.


Just Another Day At The M A R K E T

The bare branches of the tall leafless trees scratched the back of the pale cloudless sky as the sun beat down relentlessly on the typical harmattan afternoon on a Wednesday. I hate Wednesdays, I hate hot dry afternoons and I hate being broke and mocked for having the stereotype “agent’s shoes” ( you know the ones I mean, worn and bent, pointing upwards at the tip like something out of the “Arabian Nights”).

Blood suffused the podgy unshaven face of my short plump Syrian client, the heat didn’t help and we had been waiting an hour and ten minutes outside the property we were supposed to
inspect down Southwest Ikoyi only to be told by my colleague that the “main Agent” or
the Landlord’s agent was unable to make the appointment and open the apartment for
said inspection… “You are amateur!” he screeched (yes I mean literally screeched) wagging a fat forefinger in my face while his spoilt looking son pouted next to his wife, a regular “fancy dress Fatima” draped in a chador. I stood to my full six feet and eyeballed
him menacingly but it did not work, he was too angry to be intimidated and I couldn’t really blame him; the whole inspection had been a fiasco from the start….and that chador!?!!!? In
this heat? I did not understand how she kept from melting. Firstly, I was late as my ever reliable “clunker” of a car refused to start (it could be relied upon to embarrass me) just sat tight and said “no sir” I had to grab an okada to my colleagues office only to find he was not the “main Agent” and we spent the next twenty minutes calling this grand individual and practically pleading with him  to show up. He eventually agreed after establishing that he will get 50% of our fee, leaving us to share the remaining 50% because the landlord wasn’t paying him, that time worn excuse! After that wonderful beginning, my colleague simply expected me to provide transport, spending money I did not have. I could not possibly come by okada when meeting up with clients if I did not want them to see me as a “hungry agent” so cab fare it was. Upon reaching the client’s flat in Apapa (they were moving up market to Ikoyi, even if it was only the Southwest) we all had to bundle into the guy’s car. Him and his family in the back and both of us squeezing into the front seat next to the driver. I had a friend once who claimed he would never sit next to the chauffer in a client’s car because it was beneath his
dignity, I wonder what he would have done in this case? Perhaps he would have offered to lap chador and given her husband a fit of apoplexy lol!

Utopia Property Digest

Having waited in vain for a while without the landlord’s agent surfacing and our Syrian client growing more and more impatient and heated we decided my colleague ought to go and find out why and where the almighty “main Agent” was hanging out (there were no GSM phones in our time and the only mobiles popularly called 0-9-0 belonged almost exclusively to the 419 practitioners). I treated his suggestion that I pay his cab fare to and from with the contempt it deserved and advised him against his alternative that he might “borrow” our client’s car.

He had just returned, hot and sweating on an okada, he seemed to think I was to blame for the police harassment he’d endured on his way but more importantly, he came without any news of the agent ( he wasn’t in his office and had left no massage)! Ever the optimist, I had implored everyone to wait because I thought the agent might be on his way over and was delayed-: perhaps by the police as well (a simple joke which earned me a dirty look from my colleague) moreover I really needed this fee!

Now the waiting was over and things had been made ten times worse because of it. I watched the Syrians depart in a cloud of dust and noted with satisfaction that she caught a piece of Chador in the car door. How to get back to the office after another failed venture was my new problem, of course my retarded colleague was making his own return my problem too! It really was a hot day. I hate Wednesdays, still broke.

Property is a key resource for all individuals and organisations and its proper management is
essential to existence of organisations and life in general. On account of the significant contribution that property makes to sustenance, it is imperative that it is managed in an efficient and ethical manner. The sustainability of property assets as requires effective management – physical, financial, human, information and social management. Against this background, property assets demand that they are professionally managed within the context of ethics, to ensure that asset value is maintained and preserved.



Kelechi Mbagwu: Affordable Housing

Kelechi Mbagwu ‘s company CMB targets affordable housing for the Nigerian populace. His mission is to see more people start having faith in acquiring their own home, as opposed to  renting only then will he have achieve his vision which is to create an affordable Utopia with every of his projects.

Kelechi Mbagwu believes that everyone should have the opportunity to live in a sanitary and safe community. He continually encourages real estate companies and government officials to take action that will promote the development of affordable housing. While it’s good to focus on opportunities that will reap profit, Kelechi Mbagwu adamantly stresses a more concerted effort towards making housing accessible to every Nigerian.

Kelechi Mbagwu believes that everyone, regardless of who they are, should have the chance to own a home as far as they are employed. As a real estate professional, Kelechi has been proactive about raising awareness of the need for more affordable housing. The government has a huge part to play by making the factors easily accessible to developers which will in turn reduce building cost Kelechi Mbagwu understands the local real estate industry and understands how complicated and often convoluted it is.

Kelechi Mbagwu is passionate about his community, and it is his firm belief that by helping struggling populations receive better housing opportunities, he is able to help strengthen economic development. Kelechi Mbagwu cares about the health and well-being of his fellow Nigerians, and has invested a good amount of time and money into advocating for more affordable housing.

Kelechukwu Mbagwu

Kelechukwu Mbagwu

Kelechi Mbagwu: How to Give Back

Kelechi Mbagwu is a noted business guru and philanthropist who never hesitates to take advantage of an opportunity to help those in need. As a successful business owner and CEO, Kelechi Mbagwu has made social responsibility a core principle of his business operation.

Kelechukwu Mbagwu  - Kelechi Mbagwu

Kelechukwu Mbagwu Kelechi Mbagwu

Many people are looking for ways to give back, though it often becomes difficult to decide how and where to commit ones resources. As an experienced charitable contributor, Kelechi Mbagwu offers several important tips for corporate social responsibility to the disadvantaged or depressed people and communities.

Kelechi Mbagwu advises to find a cause you believe in and want to make an impact. Kelechi Mbagwu say that when identifying a cause, you have to ensure you are not doing it by halves, but going the whole haul in making an impact, Do your research, says Kelechi Mbagwu, before you make any important charitable decision. It important donations go to the right cause. Often times a cause or organization will commit a high percentage of their donations to administrative costs, or will put any incoming financial support into something completely unrelated to their mission statement. Kelechi Mbagwu recommends the internet as a powerful research tool that can help people weed out undesirable organizations.

Kelechi Mbagwu also recommends going local and impacting the community where you do business. For example a real estate firm cannot ignore a bad road in its community and it important your business affect the community positively. If you do business or live in an area that suffers from economic disparity or disadvantage, then perhaps it would be wise to look into local charitable efforts. Local organizations, says Kelechi Mbagwu, often provide the most support to struggling populations, and are able to help in a more direct and straightforward manner. Kelechi Mbagwu values the contributions made by local volunteers.