BUSINESS & LIFE SKILLS PROGRAMME

BUSINESS & LIFE SKILLS PROGRAMME. Prepared for Flourish Africa.

Opportunity Identification And Validation.

3. what you need to know about “great business opportunities”.

4. What you need to know about “great business opportunities”.

5. what you need to know about “great business opportunities”.

6. what you need to know about “great business opportunities”.

7. what you need to know about “great business opportunities”.

Sources of Innovative Opportunities.

Where to find opportunities for great business Ideas.

Kaffy – The Dancer. Kafayat Oluwatoyin Shafau a Nigerian dancer, choreographer, dance instructor and fitness coach. She is also the founder and owner of Imagneto Dance Company Estimated Networth $1,000,000.

Femi Olayebi. s 9 vg0NVHO.

•l he Segilola XXL s 805. With a creative steak and a passion for making things to Femi Bags of International acclaim.

Where to find opportunities for great business Ideas.

Itt mart way to m uttle ...the smart to mc. Damilola Olukesusi – Shuttlers Ride Share.

Chioma Ukonu - Recyclepionts. TUR WASTE T WEALTH.—.

A flaw or weakness in the value chain of my industry..

Elohor Thomas – Codeln. “It takes an average of 3 months for companies to fill up key tech roles. The process is hectic and time-consuming and if not properly done, Companies risk having a bad hire, loss of time, and productivity.” Clients include: Wikipedia, Microsoft, IBM, Digital Ocean, Cloudinary.

Process Needs. Magnifying glass and question mark.

Temie Giwa-Tubosun - LifeBank. Blood where its needed and When its needed “34% of all maternal deaths in Africa are from postpartum hemorrhage.” Since its launch, 20,000 units of blood delivered, served 450 hospitals, engaged 5,823 donors, and saved 6,757 lives.

Yemisi Iranloye - Psaltry Int Ltd. In 2012, Yemisi Iranloye founded her cassava starch processing and production company, Psaltry International Limited Ado Awaiye Ondo state, after retiring from NBL to help farmers resolve challenges with cassava Starch processing With our clientele spanning over 50 multi-national conglomerates in Nigeria, including Unilever, Nestle, and Nigerian Breweries Revenues more than $3.5million (about N1.2 billion) PIL as at 2015 had 650 farmers, cultivating over 2,500 hectares of cassava.

How you observed any changes in perception, mood and meaning.

Temitope Mayegun - Avila Naturalle Ltd. BODY MOISTURIZER HERBAL SOAP.

Have you spotted gaps in the Market?. V004a. Pack size gaps Inferior products Market niche spotted.

Market Doctor. YETÜN E MAYO-OYALOWO. Yetunde is determined to ensure 100 markets can have access to healthcare in the next 5 years Market Doctors currently has a team of 18 permanent staff and 40 who are employed adhoc on a 2 year contract basis Location of care - We are located at the workplace or while shopping you can access healthcare. Convenient and easy affordability - By reducing overhead of hospital buildings we operate from stalls and back packs..

Ideas from other Environments. Observe what your industry is doing in other environments and identify what has worked there that is not existing here Most things we are doing here are at a more advanced stage in most countries Can remain a step ahead of competition by keeping informed Ideas from countries at an advance stage Ideas from other states in Nigeria Ideas from other communities.

Princess Adeyinka Tekenah – Happy Coffee. Inspired by the Starbucks story Happy Coffee currently has 10 coffee retail products 3 coffee experience centers in Lagos.

Changes in industry or market structure. Virtual Platforms E Commerce The Knowledge economy Social Media Phenomenon Non fungible Tokens (NFT’s) Metaverse Block chains.

Stephanie Obi – Online Courses Curator. HI, STEPHANIE OBI I help Female Entrepreneurs Turn Their Expertise into a Highly Profitable Online Course Get The Course Creator's Roadmap.

$12,500 FROM MY FIRST ONLINE COURSE SOFresh. the piome•« in to date to IC with SC "thn tre spac Of IC ended entrepter•eurs we V teen this is why I signed u. to CLO in 7018 In sc far. 35 takcn my roid for webinar I haw Van•,• my hue completely realigned treir with thc right HR ztratc8y. they haw ir rm the my able 10 Abimbola Balogun, Co-Founder, SoFresh.

Changes in Government Policy or Government Projects.

The Incongruity. A discrepancy between reality and what everyone assumes it to be, or between what is and what ought to be, can create an innovative opportunity..

Mira Metha – Tomato Jos. JOS os JOS. Despite Have the Largest Tomato Belt in the World Nigeria Imports Tomato Puree from China, Ghana and other Countries About 20% of Harvested Tomatoes are useful Enter Mira Metha who spots the incongruity and the potential for Business Tomato Jos has already received investment of about 2B Naira.

Evaluating the Potential of an opportunity.

Is There A Personal F it?. Is there fit between your idea and your Personal skills Passions Risk tolerance Objectives?.

Does your product or service eliminate a nagging problem for your customer?.

Is the market large and growing?. Is the industry favorable in terms of competitors, buyers, suppliers, substitutes, and future entrants?.

Is there a strong and profitable customer need, want, and demand?.

Do you have access to sufficient financial resources?.

Social norms, values, and trends surrounding the idea.

Legal and regulatory forces. Legal and regulatory forces that could affect the business operations, including laws, policies, procedures, and regulations pertinent to the industry or municipality in which the new venture is located.

Fatal Flaws. Are there particular defects in your business that cannot be surmounted: overpowering competition, cost of market entry, small size of market, lack of customer need/want, inability to deliver products and services at acceptable prices, or others?.