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Showing posts from March, 2018

Student Innovation Challenge 2018

The Student Innovation Challenge is about collaboration, innovation and creativity.  Students from across Universities and Polytechnics in Nigeria will pitch their innovative ideas, learn the skills required to start and grow a successful business, perfect pitch delivery, receive business developmental support and join a network of successful entrepreneurs and innovators. 30 FINALISTS WILL RECEIVE 1 MILLION NAIRA EACH IN SEED FUND. Eligibility SIC is open to undergraduate students in any accredited University or Polytechnic in Nigeria. Your pitch must be solving a local challenge. Applications MUST be submitted on or before 15th of April 2018. For more information.  Visit  http://studentinnovationchallenge.ng

Presentation Skills for Entrepreneurs

Presentation Skills for Entrepreneurs Presentation is a way to represent your idea through pictures, but it needs excellent communication skills too. Effective presentation can help your business in growth. Once you explain everything digitally in a conference hall, everyone likes your product. A few steps which you should follow for convincing your target audiences are as follows − ●       Step 1  − Before proceeding to the presentation, you should clear your objective in advance. During a presentation, you can try to focus to a specific topic, so the users are impressed with it and understand your key motive and take a decision. ●       Step 2  − Practice your point of view in advance, so that you can be prepared for the target audience at the time of the presentation. It is a big challenge to impress everyone, but when you know the people, then you can give presentat...

10 THINGS TO CONSIDER IN STARTING PRODUCT BASED BUSINESS

Starting product based business is not easy. Manufacturing and selling a product involves setting up production, business systems, and a sales team. It is exciting, challenging and includes a lot of hard working. knowing what motivates you is key to starting product based business.  Here, we explore 10 crucial things to consider in starting product based business of your own. #1. Check Your Idea Before starting, check your idea twice. After developing the idea of the product, check your potential competitors in the market, both direct and indirect. Define your ideal consumer demographic. #2. Get Market Feasibility Report Starting product based business includes manufacturing, sales, marketing, accounting and HR operation. You may have a great product, but are you in the right market? Having a market feasibility report prior is highly recommended. It will define your distribution mechanism, pricing structure, and other business variables. #3. Craft A Busines...