stagger:

I have different personalities. I can be the nicest person, but I can be very aggressive and will not take nonsense from people like blink82 who make it a point of duty to keep sticking their nose where it does not belong. What can I say? If you are in the industry where I operate, aggression is what keeps you afloat or you will be sunk. That's just the way it is. I have my direct competitors sending spies to my premises all the time, and that is just a tip of the iceberg.

People like blink82 who cannot mind their business will simply end up putting their legs in a termite hill. He thinks he is smart, when in actual fact he is a knucklehead with nothing in his skull but arrogance!

Sharaaaaaap man!
You are beginning to irritate me more with these your silly rants.

please are we expected to spill out the entire business plan while filling the form,
i mean like giving the name of what we want to do?
how we want to go about it and even the profit level?
and if yes what is the insurance covering our biz blans that it wont be stolen?
urgent responce needed please

VICTOFX: please are we expected to spill out the entire business plan while filling the form,
i mean like giving the name of what we want to do?
how we want to go about it and even the profit level?
and if yes what is the insurance covering our biz blans that it wont be stolen?
urgent responce needed please

you are to tell them everything and there's no insurance against them stealing your plan.

OCTAVO:
Sharaaaaaap man!
You are beginning to irritate me more with these your silly rants.

Go sit on your middle finger. Nonsense.

stagger:

Go sit on your middle finger. Nonsense.

blink and stagger.....how old are u guys? Stagger I'm sorry to say this; your childishness takes the cake I swear. I mean, do you guys know each other outside nairaland? I will suggest one of u challenge the other to a gun duel. And finish each other instead of messing up a beautiful thread.

Tayeni: blink and stagger.....how old are u guys? Stagger I'm sorry to say this; your childishness takes the cake I swear. I mean, do you guys know each other outside nairaland? I will suggest one of u challenge the other to a gun duel. And finish each other instead of messing up a beautiful thread.

The thread is on point. Take the fruits and leave the chaff. Simple.

Anyway know whats going on with the youwin site....multiple errors since yesterday

stagger:

I have different personalities. I can be the nicest person, but I can be very aggressive and will not take nonsense from people like blink82 who make it a point of duty to keep sticking their nose where it does not belong. What can I say? If you are in the industry where I operate, aggression is what keeps you afloat or you will be sunk. That's just the way it is. I have my direct competitors sending spies to my premises all the time, and that is just a tip of the iceberg.

People like blink82 who cannot mind their business will simply end up putting their legs in a termite hill. He thinks he is smart, when in actual fact he is a knucklehead with nothing in his skull but arrogance!

Abeg which industry is dat?

blink182: you are to tell them everything and there's no insurance against them stealing your plan.

Well if what they said in the YouWin website is true, they have signed an agreement not to expose any business idea.

Moreover, 50 words is too small for you to spill out all your business idea. Thats why they need you to say enough to convince them that you know what you are doing. It is at the second stage you will be asked to send in all your idea.

Hope i am right

VICTOFX: please are we expected to spill out the entire business plan while filling the form,
i mean like giving the name of what we want to do?
how we want to go about it and even the profit level?
and if yes what is the insurance covering our biz blans that it wont be stolen?
urgent responce needed please

Well if what they said in the YouWin website is true, they have signed an agreement not to expose any business idea.

Moreover, 50 words is too small for you to spill out all your business idea. Thats why they need you to say enough to convince them that you know what you are doing. It is at the second stage you will be asked to send in all your idea.

Hope i am right

favour ume:



Well if what they said in the YouWin website is true, they have signed an agreement not to expose any business idea.

Moreover, 50 words is too small for you to spill out all your business idea. Thats why they need you to say enough to convince them that you know what you are doing. It is at the second stage you will be asked to send in all your idea.

Hope i am right

You are not right - If. I were you I ll quit looking for which is truth ,right and wrong and get busy by filling your forms online

Abeg Which kain wonderful proposal u get under 10m way FG wan thief ....

People sef ...

favour ume:

Abeg which industry is dat?

you should know that's a lie or maybe he's with NURTW at ojota.

favour ume:

Well if what they said in the YouWin website is true, they have signed an agreement not to expose any business idea.

Moreover, 50 words is too small for you to spill out all your business idea. Thats why they need you to say enough to convince them that you know what you are doing. It is at the second stage you will be asked to send in all your idea.

Hope i am right

babes I don't know, I'm a first timer but I guess that's what it should be.

fagin1982:


You are not right - If. I were you I ll quit looking for which is truth ,right and wrong and get busy by filling your forms online

Abeg Which kain wonderful proposal u get under 10m way FG wan thief ....

People sef ...

Lol, you are mean. The funny thing about people always wanting to hide idea is most times the idea turns out not to be so spectacular.

fagin1982:


You are not right - If. I were you I ll quit looking for which is truth ,right and wrong and get busy by filling your forms online

Abeg Which kain wonderful proposal u get under 10m way FG wan thief ....

People sef ...

lol....don't say that. The lady has the right to be scared of idea thieves. The smallest element in ur proposal maybe the main thing. Remember, entries will be graded by humans and humans talk. If lecturers, government officials could dabble into businesses such as pure water biz...then I hv every reason to be careful how I share. Innovation is rare. That's why copy cats abound.

@Tayeni. Bros for this Jungle way we dey , Poor man no get choice ...Life is full or risk....Gamblers ll tell u better...

Tayeni: lol....don't say that. The lady has the right to be scared of idea thieves. The smallest element in ur proposal maybe the main thing. Remember, entries will be graded by humans and humans talk. If lecturers, government officials could dabble into businesses such as pure water biz...then I hv every reason to be careful how I share. Innovation is rare. That's why copy cats abound.

The business plans are marked by a foreign consultancy firm and so are not under the control of any potential idea thieves as we see in the ministries and government parastatals. I think people should quit worrying about who will steal your idea. Pat Utomi said it is better to have 10% of something than to have 100% of nothing. YouWIN is an opportunity to own 100% of everything.

If you can't trust the process, is it Nigerian banks you will trust? Someone was here three or four years ago talking about a Nigerian bank that stole his idea after submitting proposal for counterpart financing (was it GTB? Can't recollect again..). So just do your proposal and submit. Besides there is hardly any idea out there that is new.

fagin1982:


You are not right - If. I were you I ll quit looking for which is truth ,right and wrong and get busy by filling your forms online

Abeg Which kain wonderful proposal u get under 10m way FG wan thief ....

People sef ...

Bros, na person I D̶̲̥̅̊ε̲̣̣̣̥γ̲̣̣̥ help explain something give. If Nigeria is frustrating you don't lay the frustration on me.

Do you just jump into every thing without first reading through it? For your information, I have submitted and when I have won, I will make such I come back to tell you.

Thanks to all who keep explaining and making others understand what they are doing. Kudos to u all

blink182: you should know that's a lie or maybe he's with NURTW at ojota.

.

favour ume:

Bros, na person I D̶̲̥̅̊ε̲̣̣̣̥γ̲̣̣̥ help explain something give. If Nigeria is frustrating you don't lay the frustration on me.

Do you just jump into every thing without first reading through it? For your information, I have submitted and when I have won, I will make such I come back to tell you.

Thanks to all who keep explaining and making others understand what they are doing. Kudos to u all

@Favor Ume Hahahahaahaa - I ve no biz with frustration - I have conquered long ago ..Just that I hate cynics....If you don't trust FG or Prog ,gladly let us follow them foolishly


Incase you win - Congrats
That has always bin my prayer for everyone of us

All the best

One love I beg. I'll unfollow this thread for now and return when I receive a mail from youwin.

See you in the future and all the best.

God be with us all.

Wishing you all a merry Christmas and youwin grant winning new year

fagin1982:



@Favor Ume Hahahahaahaa - I ve no biz with frustration - I have conquered long ago ..Just that I hate cynics....If you don't trust FG or Prog ,gladly let us follow them foolishly


Incase you win - Congrats
That has always bin my prayer for everyone of us

All the best

please read who favour quoted, she has no problem with idea theft and she's not a cynic.

blink182: please read who favour quoted, she has no problem with idea theft and she's not a cynic.

Thank u Õoooº°˚ ˚°º . I think say some people need specified glasses to be able to seee beyond Nairaland. As for me, this 2014, Money Must Change Hand

pls help me with dis last question.
describe any existing finance loan related to d business

ngezeck: pls help me with dis last question.
describe any existing finance loan related to d business

Simply put: do you have any unpaid loan you took for the business? Did you borrow money for the business which you are yet to pay back? You have to be very honest with this because when you are awarded the grant, your accounting and bookkeeping will be thoroughly examined by the YouWIN inspectors and the inspectors from SMEDAN. If it is discovered that there is money unaccounted for which you probably used to pay off an unpaid loan and in your initial application you failed to report this, you could be disqualified and asked to refund any grant money given to you. I am aware that this is being enforced strictly in YouWIN 2.

ngezeck: pls help me with dis last question.
describe any existing finance loan related to d business

Is your business a new one? If yes then you may have not borrow any money from the Bank, or any finance house.

Money borrowed from family members may not be classified as Loan because it didn't go through the process of approval or proper documentations.

In other words, do you have any money borrowed from a bank, financial institutions that have proper documentations?

favour ume:

Is your business a new one? If yes then you may have not borrow any money from the Bank, or any finance house.

Money borrowed from family members may not be classified as Loan because it didn't go through the process of approval or proper documentations.

In other words, do you have any money borrowed from a bank, financial institutions that have proper documentations?

Well explained

Describe the materials you will need to create your product or service. Are these materials readily available, at the right price and quantity, in your locality? If yes, please describe any relevant information

Explain?

Break this figure down into relevant categories. Note: a maximum 40% of the total award is usually alloted to capital equipment..........etc

operating expenses (e.g Wages, raw materials, stock). Please should I enter operating expenses for 12 months which will likely be above 10m or just maybe for the first few months e.g 3 months since planned money realised from sales will be ploughed back for bussiness continuation?

Secondly, is it capital expenses & other (pre-start, set-up, accreditation) expenses should be 40% or just capital since they stated d 'remaining 60% must be sufficient to fund operational expenses'?

Please I need direction on this & will appreciate any useful info

What is the minimum equipment cost that is necessary to commence trading or expand business?--Should this be only the capital equipment or is raw materials included since I am going into manufacturing?

Describe this equipments?-- should I allocate prices to the equpments? 30 words is too small for me to describe the uses of each eqipment

How do I explain that the money to be contributed by my family is just a land. I just added the monetary equivalent so it doesn't look as if my family is giving me any cash

PLEASE HELP

brighter: What is the minimum equipment cost that is necessary to commence trading or expand business?--Should this be only the capital equipment or is raw materials included since I am going into manufacturing?

Describe this equipments?-- should I allocate prices to the equpments? 30 words is too small for me to describe the uses of each eqipment

How do I explain that the money to be contributed by my family is just a land. I just added the monetary equivalent so it doesn't look as if my family is giving me any cash

PLEASE HELP

1. You were asked for AN equipment, which means one of the equipment needed, without which you cannot start your business. For example, if your business is about cutting of meat into cubes, one equipment that is needed is your meat shredder. So you will be explaining and giving the amount of the meat shredder

2. For money been given by your family, it states over a period of 12months. This money could be at the begining, middle or end of 12months, so if they are giving you land, then look for the monetary equivalent and add to whatever they would give you throughout one year.

brighter: Break this figure down into relevant categories. Note: a maximum 40% of the total award is usually alloted to capital equipment..........etc

operating expenses (e.g Wages, raw materials, stock). Please should I enter operating expenses for 12 months which will likely be above 10m or just maybe for the first few months e.g 3 months since planned money realised from sales will be ploughed back for bussiness continuation?

Secondly, is it capital expenses & other (pre-start, set-up, accreditation) expenses should be 40% or just capital since they stated d 'remaining 60% must be sufficient to fund operational expenses'?

Please I need direction on this & will appreciate any useful info

I guess you have done your analysis on what the company will need. So I would advice that you add your operating expenses not for 12months but for the months when the business cannot support itself. Once the business breaks even, it means the business can support its self.

Only the capital expenses is 40% which I think was explained as Building, equipment etc. So the remaining goes for the other and operational expenses.