Building a Money-Making Business

  • Building a profitable business is a tough job! If you learn how to do it successfully, you will prosper greatly and smile to the bank regularly. But for those who refuse to upgrade their business acumen, they will pay the ultimate price of losing their business, investments and resources. More than 7 in 10 businesses fail within the first 4 years – the advantage of wisdom is that it saves you from avoidable failure and separates you from the masses! This course “Building a Money-Making Business” is a practical one that will set you apart from the crowd – you will learn the keys to building a sustainable money-making business without tears. You will develop strength of character during your study and most importantly gain the requisite skills necessary to turn your business around and gain a quantum leap.

  • KEY TAKEAWAYS

    • Learn how to identify and satisfy your customer needs
    • Build a viable business model
    • How to make money with your business idea
    • How to build a successful business team
    • How to do your research.
    • Become a pro at marketing
  • WHO SHOULD ATTEND

    This course is designed for entrepreneurs, professionals or organizations who wish to build a success for business model or grow their organizations.

    • DATE | DURATION | TUITION

      Drive change and a new mindset with our lean innovation approach. Master the act of building an effective and sustainable business model.

      • February, April, June, August and October, 2018. Specific dates will be communicated to you once registered.
      • 3 DAYS
      • ₦49,999 Naira or $159,99 USD, Discount may apply, contact us for more information.
      ₦49,999
  • QUOTE

     

     

    “When you master a successful business model,

    you can replicate it in other territories. This is called scaling.”

     

     

    Mene Blessing I CEO BOLD Nutrition Company (BNC)

     

  • KEY TOPICS

  •  1. BUSINESS MODEL GENERATION 

    “Customer obsession is the essence of great design. Get in the heads and lives of the people you’re providing solution for.”

    This is about knowing the HOW and WHY of your business.

    HOW – how you will build and deliver whatever you’re trying to do. The bottom is BUSINESS – how much you will charge, how much it will cost, etc.

    WHY – what problem are you trying to solve. WHY DOES IT MATTER? At the end of the day, if this doesn’t work, nothing will. You should spend most of your time here, and focusing and adjusting this until its right. Once you get this right, you will be able to figure the rest out.

    1. Business Model versus Business Plan
    2. How to generate a good business model
    3. Business Model Canvass
    4. Customer Obsession
    5. Value Proposition
  • 2. MINIMUM VIABLE PRODUCT (MVP)

     “version of a new product which allows a team to collect the maximum amount of validated learning about customers with the least effort.”

    This helps you think and identify some of the things you could offer to your customer. It could be NEW – a true innovation that no one has offered before. It could reduce costs – saving money is always a big driver. Look at places like Walmart or McDonalds whose value proposition was never about GREAT products or GREAT food? They saved money, and time. Time is also a cost. Convenience is a big value as is Usability.

    1. What is Minimum Viable Product (MVP)
    2. How to create your MVP
    3. Prototyping
    4. Testing your MVP
  •    3. BUSINESS TEAM

     “There are a lot of talents that build a winning team. It’s not just the stars. It’s the subs. It’s the coaches and support staff. They all make it possible. And everyone has their role.” The question you should be asking is not if you need to build a team, but rather how to build the right team.

    1. Building Your Team
    2. Activities, Resources and Partners
    3. Competitive Research
    4. Selling your prototype
  • 4. MARKETING YOUR BUSINESS

     “Good marketing makes the company look smart. Great marketing makes the customer feel smart.” – Joe Chernov. This is about learning the management process through which goods and services move from concept to the customer. In this course, we are going to be learning the 4 P’s of marketing.

    1. PRODUCT – Identification, Selection and Development of a product.
    2. PRICE- Determination of its price.
    3. PLACE – Selection of a distribution channel to reach the customer’s place, and
    4. PROMOTION – Development and implementation of a promotional strategy
  •  5. ASSESSMENT 

    Each session will require you to do a task which will help us evaluate your knowledge on the courses thought.

  • Would you like to attend this training?