While an undergraduate student at Obafemi Awolowo University, Ile-Ife, Temitope Richard Fashakin facilitated scholarships for undergraduate and graduate students to study in the United States, the United Kingdom and Germany. Many beneficiaries of those scholarships have become highly placed professionals abroad. Total scholarship funding harnessed as at a decade ago.

His passion for entrepreneurship motivated him to establish Farii Ideas and Concept Services. This start-up, which focuses on Fashion and Food services, has grown into a notable brand in Victoria Island, Lagos.