Its not all about starting s business but creating a business system existing for more than 90 years. Can you business move smoothly without your presence.
Young entrepreneurs need to approach entrepreneurship differently from those in the US, taking into consideration our nuances and creating a robust system.
With hub.zixtechorganization you are reminded of your business models and how entrepreneurship is the way foward
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Startups and entrepreneurship
1. ENTREPRENEURSHIP
PAUL BABILA MBUA BENGYELLA
Founder / Executive Director of Zixtech Organization
Founder / Executive Director of Entrepreneurs Initiative
President Leadership Development Association
President 2017 JCI Limbe Atlantic
Chapter Director StartUp Grind Limbe If you are average, this ……………
2. UNEMPLOYMENT
10 million graduates churned out of the over
668 universities in Africa yearly do not get job
UNEMPLOYMENT RATE
IS HIGHEST OF ALL TIME
3. ENTREPRENEUR / STARTUP
- Taking Entrepreneurship as a
calling and your startup as a
place of Service
- ENTREPRENEURSHIP IS YOUR
MINISTRY
- Entrepreneurship is about
service and leadership.
- 80% of Startups DIE after 3-
5yrs
ENTREPRENEURSHIP: process of designing, launching and running a new business
The person who creates it is an ENTREPRENEUR
The new business : STARTUP
14. NO MONEY BUSINESS DIES
• START WITH YOUR OWN MONEY: (Have a skill,
Work to raise money)
• FRIENDS and Family: (250 Contact RULE)
• PARTNERSHIP : Bring in partners to provide
strategic RESOURCES AND SKILLS, SHARED
office spaces,
• BUSINESS INCUBATORS AND ACCELERATORS
• CROWDFUNDING
PAYING CUSTOMERS
DRIVES YOUR BUSINESS
17. WHERE MONEY GOES
• You wealth is a
sum total of all
the wealth of
your friends
divided by the
total number of
friends
* Number of days u can
live comfortably
without working
19. STEPS TO TAKE
• Problem you Solve (CREATE VALUE)
• Love what you do.
• Take baby steps.
• Learn from others
• Work on your Plan (Business Model/Plan)
• Build People & Build aTeam
• Take action - Execute
• Get the Word Out
• CREATING A NETWORK : (attend seminars/trainings
• PARTNERSHIPS
• Acquire SKILLS
20. REMEMBER THIS
• Identify the Right Business for You.
• Solve a Common Problem
• Planning (Short Term / Long term)
• Know Your Target Audience / MARKET RESEARCH
• KNOW FINANCE (Personal / Business)
• Build a Support Network
• THING U NEED TO START
• Those to work with you
• Go to Market.
21. STOP A B C SYNDROME
A – Accuse
B – Blame
C - Complain
TAKE RESPONSIBILITY
FOR YOUR LIFE
You have no Excuse
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