News

‘I made it!’: Woman turns £200 a week side hustle into £1.4million tech empire

Side hustles are secondary jobs people take on in order to supplement and top-up their existing income. Since the pandemic, more people have turned to these types of roles as a way of beginning a new business venture or exploring a lifelong passion.

Oyin Adebayo, the founder of Niyo Group, spoke with Express.co.uk about how she transformed her side hustle into a £1.4million business.

Starting her side business while working at Rolls-Royce and studying, Ms Adebayo had a vision for a global tech company.

The concept for Niyo Group originally began when she was doing her sister’s hair. Years later, Ms Adebayo was providing the same service for over 300 women.

This entrepreneurial spirit evolved into Niyo, a group of distinct brands focused on the economic empowerment of Black women.

The business is laser-focused on showing that “every Black woman on the planet is a producer, builder or creator of high impact ecosystems”, according to Ms Adebayo’s website.

She explained: “My job was an incredibly busy one managing over 17 digital transformation projects and travelling across Scandinavian countries. I would find myself braiding hair for up to seven hours after work and in the weekends.

“Conversations and listening to the amazing women that sat on my chair for hours led me to want to build a solution to simplify and revolutionise the way hair stylists and customers interacted.

“Being an innovative mind that I am, I have wanted to build something that uses technology to revolutionise that experience whilst economically empowering every single person in that process.”

Upon launching her business, Ms Adebayo created bootcamps for Black women to get into tech so they could build the technology to create and work in the industry.

Currently, she is building hair technology for initial business, but crafted with augmented reality and AI technology.

Her business designed to empower Black women has gone from a side hustle making £200 a week, to a seven-figure tech empire, with her last turnover making £1.4million.

On the difficulties of starting out, Ms Adebayo added: “When I first started out it was access to capital and also clarity of my vision for the empire to people who viewed me as young, inexperienced and naïve.

“Throughout my entrepreneurial journey, I have faced many peaks and troughs. Funnily enough, my biggest challenge led to my biggest breakthrough. In 2020 just a month before the pandemic I ran the biggest ever beyond hair summit.

“We gathered Black women with the aim of getting them to do something with their ideas. We had a lot of promised sponsorship fall through so I had to fund this event myself. The event cost around £27,000 and I didn’t have it .

“The same summit that seemed to be a distasteful led us to winning a huger six-figure contract to ups𝓀𝒾𝓁𝓁 Black women through one of our coding bootcamps.”

Ms Adebayo noted she does not believe people ever really “make it” in the industry, however, there have been some key stand out moments in her career.

The business empire said: “I realised I had made it when we secured that large six-figure contract.

“Also, when news outlets began to reach out to us to feature the work we were doing through our bootcamps, and in tandem receiving thousands of applications for our coding bootcamps.

“That was an amazing feeling and I’m so proud of my whole team. We are constantly evolving though, so I don’t think you ever really ‘make it’ in business.”

Related Posts

Breaking: Travis Kelce Appears as a Background Dancer on Taylor Swift’s Eras Tour

In an unexpected twist that has taken both the music and sports world by storm, Travis Kelce, the Kansas City Chiefs’ tight end known for his prowess on…

Kim Kardashian Gets Glam, Elon Musk Jokes About an AI President in 2032 and More From the Breakthrough Prize Red Carpet

Hollywood and science collided Saturday night at the 10th annual Breakthrough Prize ceremony. Billed as the “Oscars of Science,” the evening honors scientists responsible for major discoveries. Taking…

Grimes, Elon Musk’s ex, is speaking out in support of his estranged trans daughter

Elon Musk is estranged from his transgender daughter, Vivian Jenna Wilson. Wilson has hit back at Musk after he said she was “not a girl.” Grimes, who shares…

Breaking: Kid Rock and Oliver Anthony Pull the Plug on New York From Their ‘Long Live America’ Tour, “Backing the 45th With Pride”

In a move that’s as audacious as it is political, Kid Rock and country sensation Oliver Anthony have taken a stand by cancelling all New York stops on…

Breaking: ABC Fires Jimmy Kimmel, Cancels His Late Night Show, ‘He’s As Funny As A Funeral’

In an unexpected move that has sent shockwaves through the entertainment industry, ABC has terminated its long-standing relationship with Jimmy Kimmel, effectively canceling his late-night show, “Jimmy Kimmel…

Breaking: Elon Musk Backs Harrison Butker, “I Stand with Harrison and Freedom of Speech”

In a turn of events that intertwines the worlds of sports, culture, and business, Elon Musk has publicly declared his support for Harrison Butker, the Kansas City Chiefs…

Leave a Reply

Your email address will not be published. Required fields are marked *