stagger:

Why should they do that? So that you will learn from their errors and have an unfair edge over them? This is a business plan COMPETITION bro.

stagger:

Why should they do that? So that you will learn from their errors and have an unfair edge over them? This is a business plan COMPETITION bro.

dosibuch: tips from my biz plan defense yesterday.
1. know your business processes well
2. know your competitors
3. know your marketing strategy.

I will rate mine 60-70% cos I remembered things I could have said when I left the panel in a hurry to catch a flight so as to be in the office today.
don't make same mistake. Goodluck

dosibuch: tips from my biz plan defense yesterday.
1. know your business processes well
2. know your competitors
3. know your marketing strategy.

I will rate mine 60-70% cos I remembered things I could have said when I left the panel in a hurry to catch a flight so as to be in the office today.
don't make same mistake. Goodluck

dosibuch: tips from my biz plan defense yesterday.
1. know your business processes well
2. know your competitors
3. know your marketing strategy.
I will rate mine 60-70% cos I remembered things I could have said when I left the panel in a hurry to catch a flight so as to be in the office today.
don't make same mistake. Goodluck

edundayo:

Though, I don't have the same experience, I think you might want to be very careful and tread with caution in changing whatever figures that got you through the 2nd stage (because there is the possibility you might not have gotten through if you had submitted with your intended correction). I think YouWiN is primarily expecting you to come and "defend" not "come and correct". You can always make the changes during the execution stage of your business.

For now, my advise is; do your corrections somewhere separate, study, understand and memorise them. You'll not be needing much of the financials in your presentation "looking at the format of the template" and you can always explain if you are asked about it during the questions & answers time with the panel.

neksummi:
Guys I have this challenge. I noticed bullets are counted too in the number of words presented and some times I have up to 8 - 15 points that are bulleted (Don't mind the english). What should I do? More so that we're printing things out. Even if they're to count the words, do you think they'll count bullets as words? Help me out please.
Thanks.

dosibuch: tips from my biz plan defense yesterday.
1. know your business processes well
2. know your competitors
3. know your marketing strategy.

I will rate mine 60-70% cos I remembered things I could have said when I left the panel in a hurry to catch a flight so as to be in the office today.
don't make same mistake. Goodluck

stagger:

Why should they do that? So that you will learn from their errors and have an unfair edge over them? This is a business plan COMPETITION bro.

stagger:

Why should they do that? So that you will learn from their errors and have an unfair edge over them? This is a business plan COMPETITION bro.

obiscolly:
Seriously, I think you still have a lot to learn about life. Don't need to repeat what Denn said already.

stagger:

Wait until your competition sends moles and spies to come to your business posing as unemployed people looking for work. Then make the mistake of employing them. Then you will understand better how mean human beings are and the extent they can go to in order to put out the competition. The business world is not for niceties. You ask those close to a man like Jim Ovia about what hides behind some of those public smiles you see him putting up.

This is coming from someone involved in the business world since 1986. I wonder how old you were then when I was hustling the streets of Port Harcourt then as a teenager. I can assure you that I know a lot about life than 90% of Nairalanders, and we learn more everyday.

Problem is that many of you are just too naive. You need to enter the battleground of the business terrain in Nigeria to understand what I am talking about.

juri: Pls can someone state whether CAC Reg. was a condition for the purpose of the interview for a new company

obiscolly:
Dude chill...i don't really care how long you've been in the street. That doesn't put food on my table. I still maintain my word that you still have a lot to learn about life. You are just being unnecessarily paranoid and the scenario you described above about people spying on your business does not relate in anyway to what we're talking about. You can't tell me that since you started following this forum you've gained nothing from the contributions of others (which one way or the other aided your advancement to the final stage) ...success naturally repels from people with your kind of mindset, so I'll not be surprised even if you tell me you've been in the business world since 1900 and have nothing to show for it. No man is an island dude #goFigure

Good luck

blink182: You should listen to what he is saying. It is not compulsory you accept it all but he is quite right. After registering my business name and opening a corporate account, I met with my programmer this afternoon and he asked me to purchase my domain name with ssl. Guess what happened when I typed in the domain? Some phucking lady in Canada with a weird name had purchased my domain name on the 8th of this month. If that phucker thinks I'm going to be exploited then she's on a long thing. This happened to me today. All sort of shyt happens in real life. This is not final year exam or something where you are expected to be generous. If you want to stick with your ideology then you may as well share your business plan in the open and divulge your trade secrets.

I am yet to see a nice successful person when it comes to business. They may be nice when money is not involved but switch immediately they have to. As a matter of fact, being nice creates an avenue for friends and family to ruin your business and dash your hopes of being a successful business person.

CoolKizzy: house, I seriously doubt they will screen anybody out, else u know nothing about anything, their job is to price you down. we spent 30mins talking price like say I wan buy electronics maybe my panelists shaa. cos some others where more lenient and not money centered.

onobelle: coolkizzy, I saw u! I am d lady dat took keke napep with u, we were 3 asking u how it went....mine is tomorrow!

Bigboyz32: Veni, vedi, veci.
I went, I saw, I conquered (for my mind shaa).
The interview was kinda simple for me, I will say it is purely by God's grace. Anyway, they asked me about my experience, and tried talking me into doubting the amount I requested as being too big; though I stood my ground.
Unlike many in my venue today, I wasnt asked anything on financials which they used to confuse and distabilize many people. SO if you can, go study your financial and cash flow very well. Then prepare to defend the amount.
Finally, kneel down and ask God to favor you.
No need for the panic.

Please and please, carry the originals and photocopy of your CAC certificates. For existing businesses, go also with your tax clearance and bank statement.

Thanks all, goodluck to all and see you at the top.

CoolKizzy:

wow, little world! all the best. you can do it. hope you have settled in?

onobelle:
yes dear....found a hotel nearby...tnx!