Audu Maikori best African music right now? Meet Audu Maikori, a pioneer and promoter of Afrobeat music , media and entertainment Entrepreneur & entertainment lawyer focused on film, Esports and TV. So as an entrepreneur your prayer is not that there shouldn’t be challenges- but rather that the you solve new and more ambitious challenges as your business expands. Some of the greatest challenges I have faced in running my business are similar to many – lack of adequate funds, financial management – how to manage the inadequate resources, then the ability to scale your business- and this is common with many businesses especially when you achieve early success- the question is how do you re-create more successes? How do you sustain it? How quickly do you expand? Should you sell shares or take loan? And the biggest question of all- What if the business fails?
Audu Maikori is a multi-award-winning entrepreneur, lawyer and creative industry expert. He is better known as the founder of Chocolate City Group- a media /entertainment company which is comprised of Chocolate City Media (Film,TV and content production), Chocolate City Kenya, CCX (live music space) and Chocolate City Music record label – one of the biggest record labels in Africa – and home to some of Africa’s most talented artistes including Grammy Nominated Femi Kuti, M.I Abaga, Dice Ailes, Ckay, Blaqbonez etc. In March 2019, Chocolate City Group signed a landmark partnership deal with Warner Music Group (one of the biggest record labels in the world) to bring the Warner catalogue to Africa and promote the Chocolate City catalogue and artists across 60 new markets globally.
Hi Audu, do you disagree with some advice that is more or less universally accepted? I don’t believe that businesses /start-ups need lots of money to be successful- or should I say- I don’t believe that the amount of money you raise or can access determines how successful your business will be. Instead, I believe that the key determinant of a business’s success is the amount of value that is created for an identifiable target market/audience/customer and the amount of work being put into continuously creating, delivering, and capturing value for the client/customer. The money usually comes after.
Audu Maikori: The idea was very basic. It was just to create opportunities for people, especially those from the North to get a chance to become stars as well. Because what I saw was that every major thing about music business was in Lagos. I found out that many people from the North had to go Lagos to become stars. So why not set up something that gives them a chance to become stars from where they are, so that they don’t have to travel to somewhere to become stars? And when I say ‘North’, I don’t mean Northerners by birth but by location. Because there are many people that live in the North but they are not Northerners. There are many people in Kaduna, for example, who came from Igbo land and Yoruba land but they’ve been there for many years. So the idea was to give those people a platform to realize their dreams.
It’s been a busy last few weeks for Group CEO of Chocolate City Entertainment, Audu Maikori. In line with his unwavering commitment to elevating the conversation around African music and business, he has been front and centre at a number of different engagements – the most notable of which being the Roc Nation brunch, and a lecture at Harvard Business School.
Mr. Maikori stated, “I am truly honored and excited about joining ESAIYO Inc and working with such a visionary team to help solve everyday problems using blockchain technology, interconnectivity of objects and the power of storytelling . I believe that SIO’s are the future. In my view, the ground breaking work ESAIYO is doing has the potential to redefine numerous industries across the globe.” Audu Maikori is a Nigerian lawyer, entrepreneur, social activist, public speaker and creative industry expert. He hails from Southern Kaduna, Kaduna State. He is the Founder of one of the biggest record label and entertainment companies in Africa, Chocolate City. The label is well-known for producing popular artistes such as M.I Abaga, Ice Prince, Jesse Jagz, Jeremiah Gyang, Djinee, Brymo, Femi Kuti, Ckay and Blaq Bonez, just to mention a few. Find extra information at Audu Maikori.