The most insightful and one of the biggest virtual celebrations on entrepreneurship and innovation in Nigeria took place on Friday, 24th of September with FCMB highly represented.
Do you want to speed up your journey to business success as a female entrepreneur? Then, apply for the 6th edition of the FCMB SheVentures Mentorship Programme in partnership with WISCAR (Women in Successful Career)!
Most people start businesses with the intent of being their own bosses by providing solutions through products and services that solve an identified need in the market.
Starting a new business is great. However, having an understanding of what to expect and hurdles you might experience is even better. Starting a business isn’t all beds of roses and definitely not as easy as some people portray. Usually, there are hurdles to jump and challenges that keep coming up. Of course, many managed to overcome them and keep their business afloat, though it would have been much easier if they had known about some of these challenges beforehand.
Entrepreneurship is a different ballgame that requires a different mindset. Going from employee to entrepreneur is a process that requires you to shed your older beliefs and habits and bridge new ones into your identity. You need to start thinking like a business owner and make decisions from data-driven validation also called business intelligence in recent times not just “gut feeling”.
As daunting as it might seem, learning how to write a business proposal is an important first step for anyone starting a business. Of course, each business comes with its own set of challenges and requirements. For example, the sort of business proposal you’d create for a start-up or small business would be quite different from that of a medium-sized business or large corporation.
No matter what type of business you intend to run, a well-thought-out business proposal is a good safeguard to have in place, and research shows that creating one can help you with everything from securing funding to growing your business.
