Tuesday 13 December 2016

[ARB] BE INSPIRED TUESDAY (BIT) Young Entrepreneur of The Week - "Bilikiss Adebiyi" - CEO WeCyclers


Bilikiss Adebiyi - Founder & CEO WeCyclers
Bilikiss Adebiyi is an inspiring Nigerian social entrepreneur and founder of WeCyclers. Her company offers waste collection and recycling services to the Lagos informal settlements, where an estimated 66% of Lagosians live. As a part of the process, residents are offered an incentive for collecting their household waste which is picked up for free by Wecyclers using specially adapted bicycles. To create incentives among low-income households to participate, rewards are given to them for every kilogram recycled, via points sent by SMS. These points are then redeemable against goods they value, such as cell phone minutes or basic food items. The rewards have been funded in partnership with big brands such as Coca Cola and GlaxoSmithKline.




Bilikiss's Startup Story
Bilikiss Adebiyi-Abiola and her cofounders started WeCyclers in 2012, using low-cost cargo bicycles called WeCycles to provide convenient recycling services to households across Nigeria. Although born and raised in Lagos, Bilikiss initially developed the idea for her business in the US whilst she was a student at the MIT Sloan School of Management. This followed a five-year career as a corporate software engineer at IBM where she gained invaluable business and technology experience. Whilst at MIT, she was assigned to a study project aimed at finding solutions to tangibly help people at the bottom of the social pyramid. In Nigeria, about 70 per cent of Nigerians are at the base of the pyramid and are very poor; they don’t have basic sanitation; they don’t have basic healthcare, and she wanted to do something that would positively impact that segment. She was also very interested in waste management because as a Nigerian, waste is something she saw everywhere and she wanted to solve that problem. Going back to her country roots in Nigeria, Bilikiss was inspired to work on finding a much-needed and effective new solution to the problem of waste management.



What inspired you to start?
"I have always been interested in ideas that focus on repurposing waste...the idea for WeCyclers came up in my development ventures class at MIT. During this class, I met other people interested in doing something about waste in developing countries. Also, I worked at a large company for a few years prior to MIT so I think that this was a combination of several factors, one of which was that the timing was just perfect."



"WeCyclers gives low-income communities in developing countries a chance to capture value from waste and clean up their neighborhoods through an incentive-based recycling program."

"We see a big opportunity here in Nigeria. We hope that in five years we would be able to build a strong recycling network."


Bilikiss's Advice To Entrepreneurs:

The easiest way to get funding is to build a great team....

"You will be surprised at how quickly your idea will take off when you have a solid group of people that are equally passionate about it. Also, like our parents say, two or more heads are better than one. The diversity as well as the expanded network will amplify your chances of funding the venture."


Get networking....

"Network! Network! Network! I cannot stress the importance of networking. It is very vital to growing yourself and your business."


                    CONNECT WITH BILIKISS ON

Twitter:             twitter.com/bilikiss
Linkedin:          ng.linkedin.com/in/bilikiss
Website:           www.wecyclers.com


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