“Funding for our business was approved”
That was the message a client sent to us recently!
We are not sure of what was responsible, but we got a lot of requests for business plan writing during the lockdown on to the later part of last year.
It gives us joy when entrepreneurs give serious thought to thinking through and planning their business idea before taking the dive. Our work revolves around the full spectrum of brand development and no business brand will stand if the business end of things isn’t well secured.
We wrote business plans for a cooking gas plant, petroleum marketing, and filling station, snail farming, cassava farming, real estate, paper packaging, wholesale food mart, etc. We are presently writing for a marine shipyard, a fashion label, and finishing some pending ones too.
The business plans gave clarity to the owners and caused them to think more deeply about what they are about to get into alongside, we also got some cool revenue for the work done, but nothing gives joy than to hear the good news of funding being approved.
Accessing funding begins with articulating and documenting your business plan, so the big question for you is are you ready for funding?
If you need help with one then come home to Mapemond.
Drawing from the lessons of 2020, we decided to start a support community for entrepreneurs and those aspiring to be one sometime soon. It will be a full-blown business community (in the form of an Academy) for those who are seeking to go beyond mere hustle and survival to building sustainable companies and reputable brands.
Many business ideas will be shared.
Statistics and data from various sectors of the Nigerian economy will be shared.
Even foreign networks and opportunities shall be shared.
Hacks and contacts for funding and other access will be shared.
But being a part of this community will not be free. So we can have only committed people on board.
We will learn together without anyone lording it over.
The many questions of members can be answered by different persons, not just one person.
We will have breakout groups according to areas of interest and unique challenges.
There will be an exchange of experiences, resources, and support.
It will be a community for those who want to be inspired and pushed beyond their limits without feeling less of themselves.
There will be hand holding for the weak or inexperienced.
There shall be no talking down or shaming of anyone.
Both the sprinters and crawlers are all welcome on board.
Do you think it is a good idea?
All members will have access to the following:
– An overflow of business tips and insights
– Answers to business questions and challenges
– Access to our resources (ebooks and online courses) at no extra cost
– Discount on our MBA courses in the works
– Access to professionals in various areas (Legal, Accounting/Finance, and many others)
Members of the community will set goals for 2021 and be paired for discipline, focus, and accountability:
– Saving goals
– Investment goals
– Business objectives for the year (You want to attend a global conference or change office or just get the business started? Etc)
– Travel goals
– Self-development goals
– Compliance goals (Your personal tax, company taxes, contract eligibility papers, annual returns, etc)
As we mentioned, it is a full-blown business support community.
Does this interest you?
Do you have someone to sponsor?
Click on REGISTER to enroll.
We can achieve more, one day at a time, with the right community.
We can #DoBusinessBetter
One major goal that business owners want to achieve is to make more money, it is the key driver for business.
Having a financial goal helps a brand to identify its target market and the right audience to pitch its services and products per time.
When you have a really good product or service but it seems the connection you want with customers is not happening, it may be that you are yet to identify the form of relationship they have with your brand. Identify the relationship, understand it very well, and position your brand accordingly from your sales strategy to marketing communications and so on.
Knowing the relationship that applies to your business should guide you on whom to target, how to reach them, what to say, etc. Don’t leave your marketing and sales to chance, be intentional, and keep tweaking. Winning and retaining customers should not be a game of chance.
When we took over the management of a restaurant brand, most of the staff were problematic and gave the outgoing manager headache, particularly the cleaners and cooks.
Over ten months after, the same workers are mostly well behaved and improving daily. What changed? Leadership style. We will use a story to explain what we mean.
A few years ago we had a conversation with a restaurant owner who was frustrated by the attitude of her workers. When we inquired to know the grooming process for her employees, she revealed that they were trained by an international expert. We got further information and discovered what the problem was, the workers were trained with the standard template, not bad, but not enough.
These workers live in ghettos and slums. They fight to use the bathroom every morning. They even quarrel to empty their bowels. Then drama with yard people, keke driver, bus conductor that abused them that morning, and the underlying challenges of life they grapple with.
You cannot rework their attitude without addressing the underlying influences of their background. What works in Milan, Madrid, or Copenhagen, will not work the same way in Nigeria. You must adapt to local realities.
So for our restaurant client, we paid close attention to the background and environmental influences on the workers and gradually established a new way of relating to them.
One thing that provided this insight to us was a song by Phil Collins titled “both sides of the story”. In one line of the song, a ghetto kid with a gun grabbed a passerby by the shoulder and asked “would you respect me if I didn’t have this gun?”
We’ve had very personal experiences with three ghettos and could relate to that question, it is the same mindset behind most low cadre employees in businesses. They want to be respected, they want to be heard, they want to know that they matter, they don’t want to be trampled upon, that desire for dignity in humans is also in them.
When next you feel frustrated by your workers, also do a self-evaluation on yourself.
Do you treat them with disdain or respect?
Do you let them talk or you always hush them?
Do you pay attention to where they are coming from or it doesn’t concern you?
Their presence WILL rub off on your brand, it is a guarantee!
This matter is a major hindrance to the transition of many businesses into fabulous brands. You are putting in the effort but workers are messing things up, it is a real struggle and you have to find a way around it if you want to grow. Some of these workers are set in their ways and I advise for such, you work towards easing them out of your system.
We hope these perspectives will enable you to handle your workers better.