Our aspire-elect personnel for the month portrays ingenuity, strength of character and tenacity.
Born on 4th August 1966, in Delta State, Nnamdi Ezeigbo had his primary school education in Pamol primary school, Sapele and later on proceeded to Ogini Grammar School, Ogharefe both in Delta State, Nigeria. He gained admission into Yaba College of Technology, 1988 where he bagged his Higher National Diploma (HND) degree in Electrical/Electronics Engineering and also partook in the compulsory National Youth Service Corps in 1996 with Guinness Nigeria Plc.
Like every aspiring young graduate, Nnamdi hoped for a gainful employment with a prestigious oil and gas firm and cast his nets at Exxon Mobil, but lost out on the offer at the final interview stage for having falsified his age and state of origin; this premise on which he afterwards decided to always lead a lifestyle of integrity.
After two years of unemployment and short employment which he left due to a sense of unfulfillment, Nnamdi opted for an interning role as a computer repairs engineer with a friend which he did for free with the hope of gaining the necessary practical experience to develop his innate passion for computers and tech. This working relationship didn’t however last for long as he had to leave due to a working principle clash or what he termed “Value-Misalignment”. For him, it was displeasing to have clients charged exorbitantly for meagre repair services with no value provision and wouldn’t compromise his values to be a partaker.
With enough experience to start on his own but with no funds, Nnamdi saw the value-proposition for his trade and began operating from a restaurant close to his friend’s store. He afterwards proceeded with a few table and chairs to squat at a bookshop outlet in computer village to continue his computer repair services. With referrals and contacts from old customers at the old restaurant annex, Nnamdi would sometime go to his customers’ offices to repair computers and often take repairs home to cope with deliveries. During some of his repair sessions, he would sometimes instruct his customers to “slot the card in” and quickly got christened “Slot”. This was the conception of the “Slot” brand.
The opportunity for his first office space came when an old loyal customer came over to his bookstore squatting outlet and thought he deserved more based on his performance and integrity. He thus in a bid to raise the required rent supplied some printers to Nnamdi which he was to sell off and use the profit for rent. This plan was successful and 6 months later, Nnamdi had enough to rent his first office in computer village named Slot. Slot increased from repairing computers for individuals to a B-2-B (business to business) computer maintenance model, they began maintaining computers for organisations.
Slot moved into mobile sales during the advent of the GSM in 2001. With credibility and the growing strength of his brand, Nnamdi saw the opportunity to diversify into the sale of GSM phones. On a trip to South Africa and seeing the potential opportunity therein, Nnamdi decided to compete with the initial Telecomm providers who were the only GSM phone distributors by making high quality phones available to the populace at a cheaper cost, yet with warranty. He simply leveraged on his reputation and existing customer base to introduce existing customers to the products and yet attract new ones.
For his pursuit of knowledge and his passion, Nnamdi studied Computer & Electronics Engineering at the Lagos State University between 1996 and 2001, where he bagged a BSc (Second Class Upper) and further earned himself a Masters in Information Technology, (MIT) at the Ladoke Akintola University, Ogbomoso, between 2008/2009.
Apart from building up his tech startup, he has spent time and resources in building entrepreneurs and helping others find their footing in the business world. In 2015, Slot partnered with the Lagos State Technical Vocational Education Board (LASTVEB) to train technical teachers in the state through the Teachers Industrial Works Experience Scheme (TIWES).
When asked how he has been able to grow from the small corner space start-up to an over 48 outlet tech outfit, Nnamdi simply said “if you find a company that is out to create value and that company builds on its reputation, it grows and that is the secret. We were able to build our reputation and credibility overtime.”
This alumnus of the Lagos Business School and Harvard Business School, London 2012 Olympic Relay Torchbearer and Member ICT drafting committee for the Federal Republic of Nigeria (2013), has also been conferred with about eight awards, and two recognitions, in the last six years: 2014, Business Man of the Year- by Hall of Grace Awards, 2014 Nigerian Telecom Awards – Mobile Phone Dealer of the year 2014, 17th City People Awards of Excellence, Best Mobile Phone Retailer 2014, Global Leader of Integrity Merit Award 2014, Distinguished SME partner Award by Fidelity Bank 2014, National Association of Nigerian Students Award of Excellence 2012, Nigerian Telecom Awards – Mobile Phone Dealer of the year 2009, Nigerian National Integrity Award.
With over 43 outlets and 520 gainful employed staff across the country, Nnamdi has over the last 16years positioned Slot as a National and fast growing brand in the retail phone and gadget sector in Nigeria.
We present you Nnamdi Ezeigbo, CEO and Chairman of Multimillion-naira phone and gadget company – Slot Nigeria.
January 14, 2018
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