How To Write A Business Plan (Step By Step Guide For 2022)
Here’s how to Write a Business Plan in 2021: This is a step-by-step Guide for Anyone Starting A Business In 2021.
Read MoreA Simple Guide to Building, Launching, and Learning From your Minimum Viable Product
Time and money are the two barriers keeping you from testing your fantastic business idea. This is a wrong notion. In the startup space, entrepreneurs and business leaders alike can develop a Minimum Viable Product (MVP) to test the worth of their offerings without hemorrhaging either time or money. What Is An MVP? An MVP is a minimal form of your […]
Read MoreBUSINESS ENTITIES IN NIGERIA: WHAT YOU NEED TO KNOW.
WHAT IS A BUSINESS ENTITY? A Business Entity is the exact structure of a business, which determines liabilities and how taxes will be paid. The term doesn’t describe what the business does but how it is set up. Under Nigerian law, only the Corporate Affairs Commission (C.A.C.), a Federal Government Agency engages in business registration. […]
Read MoreProduct-Market Fit; the soul of every startup
Startups usually have a notoriously small budget, which means that trying to sell your products to everyone will likely result in disaster. As startup owners, you need to keep a narrow focus on your target market, and most importantly, develop a product-market fit. A Startup should prioritize product-market fit above all other goals because finding […]
Read MoreUNDERSTANDING CASH-FLOW FOR STARTUPS
The initial years of running a start-up are a challenging time for any founder. There’s the excitement of creating your business idea and getting it up and running. But the importance of a rock-solid financial foundations cannot be over-emphasized. No matter why you’ve decided to start a business, there will always be one goal that […]
Read MorePIVOTING – When is the right time? (Case study – Paypal)
The most successful businesses are often those that have found a way to truly meet the needs of their customers. Such businesses had achieved a Product–Market Fit. If their initial idea doesn’t work as planned, entrepreneurs are expected to be ready to pursue a Plan B. But what does it actually mean to pivot – […]
Read MoreFUNDING INFORMATION ALERT!
Hey, startups, trying to raise money, but don’t have great VC connections? Here’s a carousel of investor forms you can fill out to get access without a warm intro or funding challenge! 1. https://airtable.com/shrhaAMLB7IP8tv0f Participating Venture Capitalist: RareBreed VC Description: Rearbreed VC is always on the lookout for “RareBreed” Entrepreneurs 2. https://docs.google.com/forms/d/e/1FAIpQLSd46TLw7WeppbNcrMi7t5rZAAGQo4nGv_fcblKWfUEO-QSqlg/viewform Participating Venture Capitalist: […]
Read MoreTHE RISING PUBLIC DEBT LEVEL IS KILLING SMEs IN NIGERIA
I’m no policy expert, but the African government has a default setting to result in Irresponsible public borrowing. This phenomenon has caused debt in many African countries to reach a crisis level. Between 2010 till date, more than $80 billion in bonds have been issued to thirsty European investors by governments in Africa south of […]
Read MoreChoosing a business model for your startup
Startups are primarily born out of big, contemporary, bright ideas. However, even the most bright idea will quickly neutralize and die out, if executed inappropriately. It is for this reason that at the core of every successful startup, there needs to be a sound, profitable business model. The idea itself is just the first step […]
Read MoreKEY POINTS TO INCLUDE WHEN PREPARING AN INVESTOR PITCH DECK
A pitch deck is an important tool you need if you plan to talk to investors. This is why you need to make sure your deck tells the story of your startup and all you plan to achieve. Here are some key points that you will need to include in your pitch deck irrespective of […]
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