starting a business

starting a business

The lean Canvas – Get a business plan in less than one hour

July 3, 2018

Lean canvas A lean canvas is used to create a 1 page business model which is used to replace elaborate business plans in lean startups. Business plans can be very important , however, In the early days of a start up business, business plans are not so useful,  they take very long to write and  […]

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The diary of a Biznessvirgin : Dear New Born Entrepreneur …

October 13, 2017

 So many insecurities come with leaving a 9-5 Job to become an entrepreneur ; The challenges faced doing 9-5 jobs are quite different from what is faced running a business.I’ve never had to make this switch so i cannot say i know all it takes to , however, recently i got the opportunity to provide […]

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How to build a team for your business

July 11, 2017

Alot of things compete for an entrepreneur’s time especially at the early stage of business ; its however important to make sure putting together the right team is top priority on your list as an entrepreneur. Building a business with the wrong set of people cause setbacks that can eventually pull down the business, select […]

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Proof of (business) concept

April 21, 2017

Proof of concept is a form a validation in business ; it can be easily used to prove that a business idea works and is commercially viable. Its one of the essentials venture capitalists/investors look out for before putting in money in a business venture.This is because it quantifies how much a business has (and […]

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The diary of a Biznessvirgin : Idea or Execution , which is more important in business?

March 16, 2017

Initially, i heard this question and gave an impulsive answer but then i took a step back to weigh the different sides and my opinion shifted. I used to guard my ideas jealously until i found out a thousand and one people across the world had those same ideas; Really, Ideas are a dime a […]

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Frequently Asked Questions about starting a business

February 17, 2017

1) How do i fund the business?The best way to fund a new business is to bootstrap (from personal savings/funds,family,friends and revenue generated by the business.You can do this by simply pitching your idea to close family and friends,get them to believe in the idea and fund it. However some businesses require high start up costs; […]

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The New Wave of Entrepreneurship

January 24, 2017

There is a multi-trillion dollar economy opening up to technology faster than ever. It has been driven by trends that have changed the nature of how entrepreneurs will be characterized going forward; specifically, industry executives will be the next wave of in-demand startup CEOs. In April of 2007, Apple changed everything with the launch of […]

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Inspiration : Two brothers who have turned N2000 ($5) into a thriving juice business…

January 22, 2017

Two brothers have turned N2000 into a thriving juice business… In 2010, Nigerian –born brothers Seyi and Seun Abolaji set up Wilson’s Juice Company, a freshly squeezed juice company, to tap into a new market. The brothers took it upon themselves to start producing fresh and natural fruit juice. Seyi Abolaji, went to a local […]

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How small businesses/start ups can collaborate

January 10, 2017

For faster growth,small businesses can network and leverage on each others strengths at little or no costs. Here are few tips to keep in mind when collaborating 1) Each party must be contributing something peculiar.2) Enter collaborations with clear objectives.3) Understand how the other party’s objectives can affect your business.4) They will be occasional disagreements […]

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How to deliver a good sales pitch

August 25, 2016

Selling is an important aspect of business that cannot be ignored. A business that is unable to adequately sell its product or service will ultimately go out of existence. photo credit : www.businesshorsepower.com Here are steps to a good sales pitch – Do a research on your buyers to understand their needs,wants,problems or challenges;this will […]

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