Where will the money come from?
Ideas, platforms, services and products are being created day-in, day-out. And most people are afraid of launching them or even sharing them because they don’t know how they will be bankrolled or funded. So, if you ask this question, your mind will try to find the possible (at least 3) sources for funding your ideas
Fundamentally, you cannot ACTIVELY serve 1,000 people any given year. In fact, if you look at it critically, you cannot support 200 clients actively in a whole year. When I say ‘active support’, it means ‘marketing them, acquiring them, servicing their needs, and providing maintenance for their requests’.
I haven’t been there in a while. Today, I was invited to a business tête-à-tête over a meal of chicken wings, and water (my choice). While the conversations held sway, my focus was on something totally different. THE IMPROVED PROCESS AT THE JUNKYARD ABUJA.
A 5-day hands-on marketing programme for idea owners.
Dates: June 6th to June 10th
Time: 5-6:30pm daily.
Fee: N150,000 only (automatic admission into Money Spinners Tribe)
Early bird fee: N100,000 only
BSG Summit 2021 Subscribers: N50,000 only
All Former BSG Streams:
N35,000 only
BSG Stream 10 (current stream) and 11 (next stream) Subscribers: N20,000 only
If you are doing business or managing any, please SAVE this post and apply it some day.
Caveat: it is a long post but you would love it totally.
VERTICAL INTEGRATION MAY SAVE YOUR VISION.
Case Study 1: There is a business in Lokogoma axis of Abuja called EBEANO (many Nigerians know the brand). This business is a wholesale and retail brand that has more local appeal than her competitors
One of the most critical components of a business is HOW DO I MAKE SURE I AM PAYING MY STAFF FOR DELIVERING VALUE TO THE BUSINESS?
There are so many ideologies flying around but one fact is true: BUSINESS OWNERS ARE LOSING MONEY FROM STAFF NEGLIGENCE OR INCAPACITY OR NON-PERFORMANCE.
Netflix just signed a deal with Kunle Afolayan, the movie creator who owns OCTOBER 1ST, and ROTI (Box office masterpieces). The deal stipulates that he will create 3 local content movies for Netflix in Nigeria. This is part of their move to create more local content to boost NETFLIX NAIJA, the localization of the Netflix brand.
In BSG class (earlier streams), we shared 6 business models. Recent streams were taught 12 business models (also shared in my book, BASED ON LOGISTICS). There’s a new business model that we will incorporate into Stream 11 modules). It is…
A Ponzi scheme is a mechanism also called ‘wonder banks’ where a business takes money from a set of people to provide cash flow for others. Over time, it’s like ‘taking from Peter to pay Paul’. It is a fantastic…
Client: Please I need clarity on something. What’s the difference between co-founders, partners and directors in corporate governance. Me:Co-founders: they both CONTRIBUTE, AND RUN a startup together in equal measure even if not same kind of contribution. Finance-Presence Presence operations…
