The New P&L speaks to Bayo Adelaja, CEO of Do It Now Now

Presented by

Paul Spiers, Founder, The New P&L - Principles & Leadership in Business Podcast series

About this talk

On this week’s episode of The New P&L, we speak to Bayo Adelaja, CEO of Do It Now Now - an open innovation organisation committed to bringing social empowerment to Black communities and entrepreneurs across the globe. Bayo Adelaja founded Do it Now Now in 2016 in response to gaps in the support available to Black innovators building tech companies and social enterprises in the UK and across Africa. In 2018, Bayo was named one of the ‘Most Influential Women in Social Entrepreneurship’ in the UK by NatWest Bank, and she has designed the UK’s first-ever enterprise support program for women of colour, the BAME Female Founders Incubator for Hatch Enterprise. Over the last six years, Bayo has worked with the Bill and Melinda Gates Foundation, Google and many other international organisations and global brands, offering her wealth of experience and knowledge on open innovation, mentoring, educating business on diversity and inclusion, and delivering crucial social impact programs. Today we discuss with Bayo her own entrepreneurial journey and what led to her establishing Do It Now Now; the challenges faced by entrepreneurs and tech innovators from underrepresented communities in terms of access to support, funding and investment; the importance of building innovation accelerators and incubators that are fit for purpose for all entrepreneurs; the definition of Open Innovation and why it is fundamental to Do It Now Now’s operational model; as well as inspirational examples of some of the young Black entrepreneurs Bayo is working with in The UK and Africa who are playing their part in building a better world. www.doitnownow.com
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We believe business needs a ‘New P&L’: one that is focused as much on ‘Principles and Leadership’ as it is on ‘Profit and Loss’, because we know that if your Principles are right and aligned with your purpose, and your Leadership has clarity of vision and is strong, focused and empathetic, then your business will be in profit and not in loss in so many ways. Each week on The New P&L podcast, we interview a diverse range of entrepreneurs, business leaders and social impact investors on their views and opinions on the importance of Principles and Leadership in business, discussing how we can all work towards building more ethical, productive, collaborative and ultimately, successful and principled businesses - ones that encourage great, inspirational leaders and motivated teams. www.principlesandleadership.com