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Youwin 4th Edition Is Here - Business (10) - Nairaland

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Re: Youwin 4th Edition Is Here by sunnychykes(m): 8:53am On Jan 09, 2015
Hello gurus in the house,i currently live and work in Benin,Edo state but i will like to set up the business i propose in Delta state peradventure i qualify cause i am from Delta state.could this lessen my chances of qualifying?i need your advise please. thanks
Re: Youwin 4th Edition Is Here by Excelboi(m): 9:00am On Jan 09, 2015
blink182:
12 years?
I'm sure he meant 12 months. I think it was a mistake from his part. @blink182 or stagger or anyone, pls can you explain what this phrase means What are your current and expected sales within the next 12 months (unit and income)? If there is any seasonality, please explain.
Re: Youwin 4th Edition Is Here by daddyfowl(m): 10:23am On Jan 09, 2015
GEJ kept His promise!!! Let's return him Feb 14th for transformation consolidation! Vote GEJ for President!

1 Like

Re: Youwin 4th Edition Is Here by Nobody: 12:07pm On Jan 09, 2015
daddyfowl:
GEJ kept His promise!!! Let's return him Feb 14th for transformation consolidation! Vote GEJ for President!

Your money don land be that grin grin grin........anyway please open another thread for your political campaign, as you had stated earlier this thread is only for Youwin 4 discussions wink

2 Likes

Re: Youwin 4th Edition Is Here by Nobody: 12:48pm On Jan 09, 2015
Excelboi:
I'm sure he meant 12 months. I think it was a mistake from his part. @blink182 or stagger or anyone, pls can you explain what this phrase means What are your current and expected sales within the next 12 months (unit and income)? If there is any seasonality, please explain.
current sales is for existing business, expected sales is for new business. how much sales do you expect to make monthly then multiply by 12 to get annual sales. the units is the number of items you need to sell to make that sales. if you sell eggs wholesale then a crate of eggs is your unit, if you retail then an egg is your unit.
Re: Youwin 4th Edition Is Here by agk20: 2:21pm On Jan 09, 2015
blink182:
12 years?
sorry i meant 12 months
Re: Youwin 4th Edition Is Here by oceanwhale4u: 2:58pm On Jan 09, 2015
youwin 4 applicants should look for who go mentor you for the youwin questions professionally. it is so competitive dont risk or jeopardise this last opportunity. we the youwin 3 awardees don dey get alert for our first tranche. if u like play with youwin4 Biz plan question or listen to trashes pple say and say had i known when d winners result comes out.Experience na d best teacher
Re: Youwin 4th Edition Is Here by xdream(m): 3:06pm On Jan 09, 2015
oceanwhale4u:
youwin 4 applicants should look for who go mentor you for the youwin questions professionally. it is so competitive dont risk or jeopardise this last opportunity. we the youwin 3 awardees don dey get alert for our first tranche. if u like play with youwin4 Biz plan question or listen to trashes pple say and say had i known when d winners result comes out.Experience na d best teacher

Bother please give them hope. If GEJ wins, it will surely continue for another 4 years. YouWiN has been existing since 2011 and it has raised 3900 millionaire and am proud to be one of them

I can tell you guys (Youwin 4 applicants) there's no way you can apply for youwin till 2019 without winning millions

Am not campaigning here please, but just choose who you want in the office come feb 2014

I have played my part

Bid you guys best of luck...

2 Likes

Re: Youwin 4th Edition Is Here by belovedaja(m): 3:30pm On Jan 09, 2015
oceanwhale4u:
youwin 4 applicants should look for who go mentor you for the youwin questions professionally. it is so competitive dont risk or jeopardise this last opportunity. we the youwin 3 awardees don dey get alert for our first tranche. if u like play with youwin4 Biz plan question or listen to trashes pple say and say had i known when d winners result comes out.Experience na d best teacher
as an awardee can you spare your time to help someone. i would like an awardee as a mentor.
Re: Youwin 4th Edition Is Here by xdream(m): 3:35pm On Jan 09, 2015
belovedaja:

as an awardee can you spare your time to help someone. i would like an awardee as a mentor.

Am open to questions. Just ask! But don't expect me to write a biz note for you pls...

1 Like

Re: Youwin 4th Edition Is Here by divinebrand1(m): 4:49pm On Jan 09, 2015
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Re: Youwin 4th Edition Is Here by belovedaja(m): 4:57pm On Jan 09, 2015
xdream:


Am open to questions. Just ask! But don't expect me to write a biz note for you pls...
wch sector and state
i would lov to get som tips from you as to answering 2nd stage question.
Re: Youwin 4th Edition Is Here by xdream(m): 5:59pm On Jan 09, 2015
belovedaja:

wch sector and state
i would lov to get som tips from you as to answering 2nd stage question.

Building and construction materials, Lagos sate
Re: Youwin 4th Edition Is Here by belovedaja(m): 6:09pm On Jan 09, 2015
xdream:


Building and construction materials, Lagos sate
ok. how do you intend to achieve knowledge of the mkt place for your pdt.
Re: Youwin 4th Edition Is Here by neksummi(m): 6:50pm On Jan 09, 2015
belovedaja:

ok. how do you intend to achieve knowledge of the mkt place for your pdt.

Which questions is this?
Re: Youwin 4th Edition Is Here by xdream(m): 8:04pm On Jan 09, 2015
belovedaja:

ok. how do you intend to achieve knowledge of the mkt place for your pdt.

By observing the rate of productions, sales and consumers demand
Re: Youwin 4th Edition Is Here by belovedaja(m): 9:34pm On Jan 09, 2015
xdream:


By observing the rate of productions, sales and consumers demand
i tot d question is d same with market analysis/plan
Re: Youwin 4th Edition Is Here by belovedaja(m): 9:41pm On Jan 09, 2015
xdream:


By observing the rate of productions, sales and consumers demand
describe 3 main succes factor necesary to thrive in your industry.
Re: Youwin 4th Edition Is Here by xdream(m): 12:10am On Jan 10, 2015
belovedaja:

i tot d question is d same with market analysis/plan

Not really
Re: Youwin 4th Edition Is Here by xdream(m): 12:13am On Jan 10, 2015
belovedaja:

describe 3 main succes factor necesary to thrive in your industry.

Supplies/suppliers

Market price

Production

Then attach a short note to each...
Re: Youwin 4th Edition Is Here by Nobody: 4:06am On Jan 10, 2015
sunnychykes:
Hello gurus in the house,i currently live and work in Benin,Edo state but i will like to set up the business i propose in Delta state peradventure i qualify cause i am from Delta state.could this lessen my chances of qualifying?i need your advise please. thanks
no u can still apply,just fill the form accurately
Re: Youwin 4th Edition Is Here by Nobody: 4:20am On Jan 10, 2015
As a youwin awardee(winner 2012 edition) i am here to let you all know that youwin is a transparent competition,am also proud that 4 of our colleagues whom we help wrote the business plan received their first trench yesterday.
Pls take your time gather your fact right and write extensively on this last chance to be a millionaire. Its very competitive and if you need a business plan we could help you with one or better still you bring up the one you have lets put it up to standard.
Our services are not free but you only have to pay for service render after you must have received the plan in your email.
We have written over 30 business plan from nairalanders alone.... keep to our word

m or click on the website below to our hep line
Re: Youwin 4th Edition Is Here by belovedaja(m): 5:02am On Jan 10, 2015
xdream:


Supplies/suppliers

Market price

Production

Then attach a short note to each...
this for your own sector right?
Re: Youwin 4th Edition Is Here by xdream(m): 6:57am On Jan 10, 2015
belovedaja:

this for your own sector right?


What's your sector?
Re: Youwin 4th Edition Is Here by Excelboi(m): 10:50am On Jan 10, 2015
blink182:
current sales is for existing business, expected sales is for new business. how much sales do you expect to make monthly then multiply by 12 to get annual sales. the units is the number of items you need to sell to make that sales. if you sell eggs wholesale then a crate of eggs is your unit, if you retail then an egg is your unit.
Can you explain if there is seasonality?
Re: Youwin 4th Edition Is Here by Nobody: 11:13am On Jan 10, 2015
Excelboi:
Can you explain if there is seasonality?
Seasonality has to do mostly with agric produce. If you are into palm oil bottling there is seasonality because palm oil is not available all year round but if you package salt or have a hair dressing saloon, there is no seasonality because the raw materials are readily available.
Re: Youwin 4th Edition Is Here by Excelboi(m): 11:31am On Jan 10, 2015
blink182:
Seasonality has to do mostly with agric produce. If you are into palm oil bottling there is seasonality because palm oil is not available all year round but if you package salt or have a hair dressing saloon, there is no seasonality because the raw materials are readily available.
Thanks Bro. Finally, What amount of sales, in Naira per month, must you achieve to reach profitability? Does it mean that the monthly net profit before deduction e.g. after deducting salaries and expenses Or the total net profit without deducting anything yet? This is the line delaying me now.
Re: Youwin 4th Edition Is Here by Nobody: 12:17pm On Jan 10, 2015
Excelboi:
Thanks Bro. Finally, What amount of sales, in Naira per month, must you achieve to reach profitability? Does it mean that the monthly net profit before deduction e.g. after deducting salaries and expenses Or the total net profit without deducting anything yet? This is the line delaying me now.
no deduction just pure sales
Re: Youwin 4th Edition Is Here by belovedaja(m): 7:08pm On Jan 10, 2015
xdream:



What's your sector?
restaurant
Re: Youwin 4th Edition Is Here by xdream(m): 9:06pm On Jan 10, 2015
belovedaja:
restaurant


Same response goes for it
Re: Youwin 4th Edition Is Here by belovedaja(m): 10:38pm On Jan 10, 2015
xdream:



Same response goes for it
tanx 4 d response .
can you hep me on breakeven analysis
Re: Youwin 4th Edition Is Here by xdream(m): 11:16pm On Jan 10, 2015
belovedaja:

tanx 4 d response .
can you hep me on breakeven analysis

If you set up a biz with 10M and you start running it. Then in 12months, after paying all bills (salary, tax, rents, power charges etc) you were able to save 10M (ie money invested in the biz) that's the break even point!

Now answer this simple question. If you invest 6M in a biz and you sell 1M monthly (500k goes for salary, tax, rents, power charges etc in a month) How many months will you reach profitably or break even? Seasonality observed!

If you miss this question I will flog you o! *DrawsKobokoNearer*

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