N100,000 Support For A New And A Genuine Business Plan

Dear Reader,

I am willing to finance a strong and viable business plan with a sum of N100,000. This is a way of encouraging the Entrepreneurship capability in the less privileged Nigerians. The criteria for selection will be based on the idea you have and if it will yield a good return for my investment, then you migth be considered for this great opportunity. The term and condition will be published later once the nairalanders consider this idea safe and helpful.

It is not a free for all money, it will require you to work and have a strategy on making profit for the investment and if your business plan is considered viable and requires more money, this possibility is available as well. I am looking for 40 - 50% ownership in the business if successful but bear in mind that I will put the money down but the rest of the work in turning the money into gold depends on you.

Watch out for further information soon. All, I want to see at this stage is your interest and suggestion from the Nairalanders

Regards

GMG

Note: Only geninue and honest business minded individual is welcome.

Also, if you want to be part of this initiative, please leave your interest on this forum as well. What I mean is if you want to be part of making this happen by providing financial support for ideas and creativity, please let me know in this forum and soon I will setup an email address on which all interested individual can forward their interest. I just developed this idea today at work.

What do you think?

hey GMG,
100k?what's a good business plan to you?how do you get to know a good plan, well i have over 12 solid plans on my pc right now,will that net me #1.2m of you investment cash .i didn't think so too.please read what i ve got to say.it modifies the definition of a good business plan as it applies to me and my type
As the saying goes, the internet changes everything and small guys can now play it big, however, most people are unaware of the extent of change it has brought. I can remember the surprise I felt the day I learnt Nokia, the popular phone maker consists of just 7 people. That particular year, they sold billions of dollars worth of handsets but made a profit of only 40million dollars; they were clearly not in for the profit, but rather the value of the brand, they know how and why they should dominate the world, using the same tools available to you and me today. I also read about how the holding company of western union money transfer had just about 40+ employees. Now that shook me to my bones, (I kept asking myself one question day after day-how do they do that…, 7 people,nokia?) Being an undergraduate at that time, and knowing the fate of the typical Nigerian graduate, my only hope of satisfactory achievement in life was entrepreneuring. Not just entrepreneuring as we all might know it, but entrepreneuring in the way Nokia and most idea savvy players know it. What I often call the “Nokia way”. After plenty of self study and research, I began to recognize a pattern in the activities of these small but mighty companies. They all did what could be easily replicated by any body and easily transferred to any other industry or size of business, whether it’s a single website or a multi-national oil company.

More than ever before, It has become extremely important for everyone to be able to achieve optimum impact with the minimal resources at our disposal. (If you’re born and bred in Naija, you’ll agree with me on this).It would interest you to know some of the phenomenal capabilities that exist in our world today and the opportunities created daily, especially for wealth and overall personal success. Most of us are already familiar with some of these opportunities (and even the technologies that make them possible, especially the internet) but to benefit from them, we all could use a little paradigm shift which of course is always pre-requisite to any major progress, yours and mine.
Doesn’t it annoys me when I discuss the subject of e-business or internet business and people just only want to refer to selling , affiliate marketing, online Forex trading, e-books or some meager application of these systems as if that is all there is to it. Why make a cent when you can make a dollar at the same time? Why bring a cup to the stream when you can carry a bucket? I’d often ask them. We may not have $20million to start a site like ‘2nd life’, or the financial and technical skills to configure virtual money like china’s ‘QQcent’. However with our little #20,000(twenty thousand naira) splendid opportunities abounds.

In my humble opinion, the ultimate application of our present possibilities in term of global technology/human development is summed up in one word “e-minipreneuring”, which is a hybrid of e-enterpreneuring and e-micropreneuring. Becoming an e-minipreneur is the modern day equivalent of learning to swim; i.e. it’s fun, it’s the best form of exercise, it’s chic and it’ll get you ahead when others are drowning in the sea (of information in this case) .Its not rocket science and you won’t find it being taught it in schools. E-Minipreneurs seek to monetize globalization when as they get their business up and running instantly on a small usually on a small scale, relying on everything from rock-bottom priced laptops, printers and open source software, to broadband connections and free telephony (with tech giants battling it out who can bring the free-est of the free to savvy consumers- you and me). They also take advantage of new business to business service models
They combine recent concepts and strategies such as business process outsourcing, information technology outsourcing, strategic alliances, on-demand/turnkey services, co-opetition (rather than competition), internationalization, automation, mass customization (rather than mass production),flexibility, click- to- brick and mortal strategies, along side digital opportunity, globalization, e-business /internet etc; which were once exclusive to major corporations are widely and increasingly available to the average Joe.  Unfortunately, Mr.  & Mrs.  “Average Joe”( I no call your name oh) may never consider using these strategies as they slap together yet another Website in the name of internet business (hoping to become the next ebay or google). No wonder recent research show that most online business owners have at least 5 websites and make an average monthly income of $57.Yes, perhaps Mr. & Mrs. average Joe didn’t have enough money to market their sites like the big names do, but what about the likes of Amazon.com, the giant book seller that never became profitable even with their $2million a pop super bowl adverts? They got it wrong from the start by putting old wine in new bottle. According to Jesus Christ, you will lose both the bottle and that sweet mature wine, hmmm;pity!. So for some people who are nursing the possibility of starting a Nigerian site like ebay, be sure to do it the “Nokia way”, or prepare to pick the broken pieces.

 Use your imagination, add a little of your creativity and innovation to all these new possibilities, and as you do, remember the fact that they are within our reach, and then you’d have discovered the “Nokia way” as I mentioned earlier (there is really no better way!). Before your imagination begins to run too wide, you’d agree with me on the fact that there’s no limit to what can be achieved. You may not end up discovering the eleventh planet, but you will definitely make global or regional impact in just about any area of human endeavor, especially in Business.

Here’s a classic example. Have you ever dreamed about offering your own wireless phone service? “want to” be MTN (laugh), well just incase you might not know, it can easily be done these days, just by becoming a Mobile Virtual Network Operator (MVNO) . This is a mobile telephone operator that does not own its own spectrum and usually does not have its own network infrastructure. Instead, MVNO's have business arrangements with traditional mobile operators to buy minutes of use (MOU) for sale to their own customers

 Many of us are familiar with simple resellers of telecom services such as long distance, local exchange, and mobile network services and I read in a recent issue of success digest extra of a new arrangement by Nigerian mobile carriers to offer such large scale reseller plans. In contrast, MVNO's typically add value such as brand appeal, distribution channels, and other affinities to the resale of mobile services. What if I told you that starting today you, yes you can be your very own mobile carrier in the US? You might be tempted to doubt it because we all know the business of providing cell phone services has mostly been limited to companies with deep, fat pockets, but a start-up Sonopia Corp. now enables anyone to launch their own wireless service even without up front payments?. 

The Sonopia website launched in the beginning of April this year and allows organizations and individuals to create their own branded mobile phone service in just a few minutes online, a feat which took existing virtual operators such as Richard Branson's Virgin mobile (which pioneered the provision of a branded phone service on rented network space) six months to accomplish. Starting your own mobile carrier through Sonopia, you will be able to upload and send exclusive content to your subscribers. You will receive a portion of the monthly proceeds, which can range from 3% to 8% per month based on the number of subscribers. Sonopia will handle all support and billing for your wireless customers .This is a slick way to get people to sign up for mobile phone solutions. It’s kind of amazing that you can start up your own branded mobile service online in 30 minutes

Sonopia allows individuals to create their own calling plans and then sell them to others. Your wireless carrier is just like any other with unique calling plans and allows you to send out messages to your subscribers.
Your wireless network will run on Verizon and Vodaphone infrastructure. Sonopia takes care of passing out handsets, sending out your customized monthly bills, and basic customer service. You take care of getting the customers and raking in the cash. A percentage of the monthly revenue generate from your mobile carrier goes directly to you or your organization. If you can pull in enough subscribers you could stand to make a bundle pretty easily. How is this opportunity open to non us citizens, you might ask. Well my answer to that question is a simple another question. How is the internet open to non US citizens? Remember, the internet changes everything.
Perhaps we should have nairaland mobile for nairalanders living in the US, or maybe all the Yoruba people in the US can start their own service and call it ‘GBEDU wireless’(please oh I don’t mean to be tribalistic. LOL). Your guess is as good as mine; I already started my own network. I named it the emosquitonet. A percentage of my monthly revenue goes to malaria research so that each time my subscribers make a call; they are spreading a tele-mosquitonet over the one million children who die from malaria each year in Africa.
Should you want to know how you can start a small online business, grow fast and dominate in the entertainment, fashion, media, publishing, manufacturing, wholesale /retail and advertising industry? So you want to join the “baby global business bubble”- a rebirth of the dotcom bubble of the late 90s? –well then, be ready to go straight to ridiculous success according to Pierre Omidya, founder of ebay.
Feel free to email or call me (Abeg, day time only) and in exchange for a bottle of GOOD wine (no beer please. HEHE.) I’ll send you great resources where you’d find all you need to get started as an e-micropreneur, NEW WINE,NEW BOTTLE!. Cheers

visit www.accenture.com for some more info on MVNOs

o.k thnx

We should deciet from way of stealing ideas in any form. Lets think on our own!

Hello guys, i am trying to gather young entrepreneurs in Nigeria to share business ideas and making it to the top together, we will have meetings together always.spread the word. e-mail me for more details mgoodey@yahoo.com, mgoodey@gmail.com

I have a my ready business in fact is business in progress but only need to expand and improve on it. I will like to schedule a meeting with you to discuss it. my number is 08033979979. Let me have your numbewr so I can speak wityh you on my Idea and brief you on the present status.

Thanks to everyone who have in one way or the other shared their opinion on this subject. I appreciate both positive and negative criticism.

One thing I will point out though is that we Nigeria have a 419 mentality on anything and I will not blame anyone who think this way. It is quiet unfortunate that good intention can be caught up in the middle of a our pre-conceived idea about our fellow men.

I am not in the country at the moment but watching a program like dragon's den in the UK which provides an avenue to the public to come on the show to show case their brillant idea infront of highly successful buesinessmen and after being judged by these panel, the amout required by the person presenting the proposal could either be granted or turned down based on how viable and profitable the business is.

I came up with a similar idea to encourage people to start thinking to be a business man if they have the opportunity of someone financing their idea.
Also, I said at the begining of this thread that if there are people out there who have got money to invest as well, they could join me in helping others.

Please note: If you are not comfortable to participate, it is not by force as we used to say in Nigeria. I am not in Nigeria to steal and use your idea.

In response to the person who wrote a long episode, I found it really long to read and I totally ignored because, I stated that an email will soon be created for people to send their business plan if they consider fit to do so. At the moment a guy has sent me a business proposal request for nearly half a million and I need to throroughly look into pros and cons of the business plan, will it yeild a good return on my money? and if not, I will not be considering such business idea if it is more likely to floop the money than to make money with it.

Also, if you want to be part of this initiative, I mean helping others, we could also discuss via the email and we can think together on how to move this forward.

Regards

GMG

hehe,  Everyone seems to have some sort of dough to invest in a certain idea.
Bulshit!

No nigerian who has more than 100k is willingly going to invest in an idea of a certain individual he merely know. I think this thread is all crap.

I don't need any body to finance my ideas. I can do it myself and I 've  got the money Thanks to God, I have been successful with all my ideas especially online

Good luck to us all,
slim

I am willing to. What matters to an investor is your ability to make a honest profit which flows back to her.