How Akin Monehin’s business strategies transformed his wife’s Agege bread business, raising $2m funding in two years

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Akin Monehin is an entrepreneur and a Business Transformation Manager at Shell. He is the husband to Omowumi Monehin, an attorney at law and Co-Founder of Wumi’s Bakery and Bistro. They both relocated to Qatar and are blessed with two sons whose love for bread waned as the quality of what was available in the market declined following the 5th June 2017 unjust blockade of Qatar.

Akin and his wife decided to prioritise his career, and this made her unable to hold down a job as they relocated frequently.

After the blockade in Qatar, Bread started disappearing from the Monehins’ breakfast menu as their children did not like the taste of what was available after the blockade. Their older son has a dietary requirement and often reacts to chemicals and preservatives. Options from the stores were thinning out, so Omowumi watched hundreds of YouTube videos on “How to make healthy bread at home”, and in September 2017, she kicked off her baking experiment by providing her children with healthy, premium quality, preservative-free, chemical-free bread. She also made healthy pastry-based lunch packs for school.

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Discussions with other parents at her children’s schools showed that many parents were in similar shoes. Within a few weeks, Omowumi started receiving requests like, “my family would be grateful if you can please bake an extra sausage roll for our children; we are happy to pay for it”.This encouraged her to continue providing lunch packs for kids and a healthy pastry for family meals and events and soon after, Wumi’s Bakery was birthed.

Orders increased by word of mouth, from neighbours, family, and friends, and within a few months, she became overwhelmed with orders – her kitchen was too small. Soon, leading coffee shops in Doha and AL Khor started contacting her for bake supply contracts.

Akin Monehin said he had to pause his social media activities to focus on his wife’s bread business by balancing his day job in corporate transformation with evenings and weekends dedicated to scaling the business. He said that he never anticipated how this side hustle would expand, noting that his wife’s passion to solve a problem she identified has now grown into a thriving enterprise with her over 100 products in about 400 outlets across Qatar, turning a high-quality product into a national success story.

A few days ago, Akin made a post on LinkedIn concerning his wife’s bread business. He said, “Two years ago, I decided to refocus, using all my spare time, outside work, on a new entrepreneurial challenge—scaling my wife’s business, leveraging my 20+ years of experience in communication, strategy, planning, commercial leadership & business transformation while applying LEAN and Agile methodologies.

“We had decided to prioritise my career, therefore, she has been unable to hold down a job as we relocated frequently since I focused on gathering strategic experiences irrespective of the location. She now wanted to take her home business to the next level. She wanted it on the shelves. Little did I know, that decision would lead to some of the most rewarding & transformative experiences of my life, so far.”

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“Anyway I am back on this platform, and will be sharing my experiences not from someone who has worked for/working for international organisations including British Airways, Virgin Atlantic or Shell. Not as one who schooled in University of Lagos, University of Dundee or The University of Chicago Booth School of Business. But as someone who has applied business principles to make success of a business, starting from scratch.”

Before Akin decided to actively support his wife’s venture, he said he remembered her looking into his eyes 2 years ago and saying firmly, “See, I cannot have a Business Transformation Manager in this house and be struggling with my business – no way!”. He knew it was going to be challenging so he decided to invest his evenings and weekends.

He noted that they successfully raised over $2 million in startup funding and with no paid advertisements or renting of shelves or promotions, they scaled distribution operations to 400 outlets across Qatar, acquiring the “Qatar National Product” status. He also acknowledged that they obtained certifications, proving their commitment to quality and safety.

Wumi’s Bakery is part of the “Doha Bistro Group” and houses a bakery, a bistro,a coffee shop, and also provides a Barbeque & catering service, located in Fereej Al Soudan and has an outlet in Abu Hammour, both in the metropolitan Doha.

Do you have an important success story, news, or opinion article to share with with us? Get in touch with us at publisher@thepodiummedia.com or ademolaakinbola@gmail.com Whatsapp +1 317 665 2180

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sanya-onayoade

Sanya Onayoade

Continental Editor, North America

SANYA ONAYOADE is a graduate of Mass Communication and a Master of Communication Arts degree holder from the University of Ibadan. He has attended local and international courses on Media, Branding, Public Relations and Corporate Governance in many institutions including the University of Pittsburgh; Reuters Foundation of Rhodes University, South Africa and Lagos Business School. He has worked in many newspaper houses including The Guardian and The Punch. He was the pioneer Corporate Affairs Manager of Odua Telecoms Ltd, and later Head of Business Development and Marketing of Nigerian Aviation Handling Company (NAHCO Plc).

He has led business teams to several countries in the US, Asia and Europe; and was part of an Aviation investment drive in West Africa. He has also driven media and brand consultancy for a few organizations such as the British Council, Industrial Training Fund, PKF Audit/Accounting Firm and Nigeria Stability and Reconciliation Programme. He is a Fellow of Freedom House, Washington DC, and also Fellow of Institute of Brand Management of Nigeria. Sanya is a member of Nigerian Institute of Public Relations (NIPR), Advertising Practitioners Council of Nigeria (APCON) and Project Management Institute (PMI). He is a 1998 Commonwealth Media Awards winner and the Author of A Decade Of Democracy.
Morak Babajide-Alabi

Morak Babajide-Alabi

Continental Editor, Europe

Morak Babajide-Alabi is a graduate of Mass Communication with a Master of Arts Degree in Journalism from Napier University, Edinburgh, United Kingdom. He is an experienced Social Media practitioner with a strong passion for connecting with customers of brands.

Morak works as part of a team currently building an e-commerce project for the Volkswagen Group UK. Before this, he worked on the social media accounts of SKODA, Audi, SEAT, CUPRA, Volkswagen Passenger Cars, and Volkswagen Commercial Vehicles. In this job, he brought his vast experience in journalism, marketing, and search engine optimisation to play to make sure the brands are well represented on social media. He monitored the performance of marketing campaigns and data analysis of all volumes of social media interaction for the brands.

In his private capacity, Morak is the Chief Operating Officer of Syllable Media Limited, an England-based marketing agency with head office in Leeds, West Yorkshire. The agency handles briefs such as creative writing, ghostwriting, website designs, and print and broadcast productions, with an emphasis on search engine optimisation. Syllable Media analyses, reviews, and works alongside clients to maximise returns on their businesses.

Morak is a writer, blogger, journalist, and social media “enthusiast”. He has several publications and projects to his credit with over 20 years of experience writing and editing for print and online media in Nigeria and the United Kingdom.

Morak is a dependable team player who succeeds in a high-pressure environment. He started his professional career with the flagship of Nigerian journalism – The Guardian Newspapers in 1992 where he honed his writing and editing skills before joining TELL Magazine. He has edited, reported for, and produced newspapers and magazines in Nigeria and the United Kingdom. Morak is involved in the development of information management tools for the healthcare sector in Africa. He is on the board of DeMiTAG HealthConcepts Limited, a company with branches in London, Lagos, and Abuja, to make healthcare information available at the fingertips of professionals. DeMiTAG HealthConcepts Limited achieved this by collaborating with notable informatics companies. It had partnered in the past with Avia Informatics Plc and i2i TeleSolutions Pvt.

Out of work, Morak loves walking and also volunteers on the board of a few UK Charity Organisations. He can be reached via http://www.syllablemedia.com
Ademola-Akinbola

Ademola Akinbola

Publisher/Editor-in-Chief

Brief Profile of Ademola Akinbola

Ademola AKINBOLA is an author, publisher, trainer, digital marketing strategist, and a brand development specialist with nearly three decades of experience in the areas of branding, communication, corporate reputation management, business development, organizational change management, and digital marketing.

He is the Founder and Head Steward at BrandStewards Limited, a brand and reputation management consultancy. He is also the Publisher of The Podium International Magazine, Ile-Oluji Times, and Who’s Who in Ile-Oluji.

He had a successful media practice at The Guardian, Punch and This Day.

He started his brand management career at Owena Bank as Media Relations Manager before joining Prudent Bank (now Polaris Bank) as the pioneer Head of Corporate Affairs.

The British Council appointed him as Head of Communication and Marketing to co-ordinate branding and reputation management activities at its Lagos, Abuja, Kano and Port Harcourt offices.

In 2007, he was recruited as the Head of Corporate Planning and Strategy for the Nigerian Aviation Handling company. He led on the branding, strategic planning and stakeholder management support function.

His job was later expanded and redesigned as Head of Corporate Communication and Business Development with the mandate to continue to execute the Board’s vision in the areas of Corporate Planning and Strategy, Branding and New Businesses.

In 2010, he voluntarily resigned from nacho aviance to focus on managing BrandStewards, a reputation and brand management firm he established in 2003. BrandStewards has successfully executed branding, re-branding and marketing communication projects for clients in the private and public sectors.

Ademola obtained a M.Sc. Degree in Digital Marketing & Web Analytics from Dublin Institute of Technology in 2016, and the Master of Communication Arts degree of the University of Ibadan in 1997. He had previously obtained a Higher National Diploma (with Upper Credit) in Mass Communication from Ogun State Polytechnic, Abeokuta.

He has published several articles and authored five management books.

He has benefitted from several domestic and international training programmes on Brand Management, Corporate Communications, Change Management and Organizational Strategy.
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