I look forward to a time when I can take leave from work and business is still going fine. I am currently about 40% there and still putting in the work.
Presently, we are developing a marketing and sales system for Mapemond that wouldn’t be halted if I go on a vacation to enjoy life. It’s part of our 2022 plans.
Can you take leave from your business?
Or do you look forward to such a time?
A business where nothing happens unless you are actively involved with daily operations is a trap and you should be working your way out of it over time.
Yes, in the days you are still trying to figure out things and getting a good footing, you have to be readily available and actively involved, but that is different from being obsessed with yourself in the business.
Imagine those who own multiple branches of their business, how do they keep them running without being present in all?
Systems, my friend. Systems.
The elderly woman who sells foodstuff in my neighbourhood now spends more time resting because, after the first few years of starting the business and teaching her children the ropes, they now have the competence to handle most things themselves. Her suppliers now also bring the goods to her shops.
Your employees are not your children, loyalty and long-term service is something they choose to give, it’s not something you force. They could leave at any time and you would have to replace them. How do you minimize the effect of people exiting and people coming onboard?
Systems, my friend. Systems.
Many of the primary and secondary schools that those who are 35years and above attended are struggling to survive mainly because they were centred around the founders who are now ageing and their children have their own career paths to pursue. What could they have done differently?
Systems. As the years went by, they could have kept revamping their business structure to enthrone a system that can provide better sustainability.
If you intend to do your current business for long, you will come to this same realization and it’s my hope that these lessons I freely share would enable you to navigate things better.
If this strikes a chord in you, then you are my Co-Traveler in business and it’s your kind that Mapemond is looking at working with, that’s if you are willing and open-minded. Let’s start the conversation early enough, reach out via inbox or send an email to firstname.lastname@example.org
It’s our desire to see reputable brands and sustainable businesses emerge from Africa.
We have resolved all kinds of challenges for the various businesses and organizations that we have worked with, but one challenge that always defeated us was raising capital for our clients who needed it to execute our awesome strategies.
We have deferred that challenge for a long time but finally decided to take the bull by the horn.
About one month ago, we silently created a network of investors called THE LOOP, which currently has sixteen members. The group was set up as a strategic crowdfunding model called “closed-loop capital” where investors pull funds together to finance viable small businesses and startups. Mapemond takes on the responsibility of preliminary due diligence and brokerage.
Within the last three weeks after the quiet launch, the group has already raised the sum of fifteen million naira for a farm startup, a restaurant, and a limestone quarry. At Mapemond, we believe that the end goal of brand development is to improve bottomline and that is why capital is a major component of growth.
We shall be working to grow THE LOOP into a full-scale investment management arm of our mission to build reputable, profitable, and sustainable brands.
You can reach us through our email or phone number below if you have any inquiries.
Do you look forward to seeing your business exit the small business stage?
What needs to happen for your business to stop being a small business?
Can you handle your business becoming a company?
Look at your business, do you really have other executive officers?
“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.