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Essay Questions On Tony Elumelu Entrepreneurship Competition - Nairaland / General - Nairaland

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Essay Questions On Tony Elumelu Entrepreneurship Competition by nedu86(m): 12:32pm On Jan 10, 2017
Hello,

For those applying, its advisable to work offline after which you paste on the fields.

Good luck!

**********************

About Me *
Tell us about yourself, personal bio and what led you to become an entrepreneur (200 words)


Leadership Skills & Experience *
Describe your leadership skills and experience for running the business (100 words)


Personal Achievement *
Tell us something impressive you have personally built or achieved (100 words)


Elevator Pitch *
In 50 words or less, describe your current business or idea


Detailed Description *
In more detail, describe your product or service (200 words)


Wow Us *
What is new, interesting or different about your product or service? (list 3 things)


Problem Solved *
What problem does your product or service solve? (50 words)


Development Stage *
Which most accurately describes your product or service development stage?


Industry Sector *
Select your company’s primary industry sector


Addressable Market *
How big is the addressable market for your product or service? (50 words)


Revenue Model *
How will you get revenue in your business?(50 words)


Marketing Strategy *
Explain how you intend to (or already do) market your products or services to your target market (50 words)?


Competitors *
Who are your competitors/benchmark organisations? List your top 3.


Differentiating Factors *
What differentiates you from other existing businesses in your field? (50 words)


Current Milestone *
What is your current milestone for business? (50 words)


Next Milestone *
What is your next milestone for this business and how long will it take you to reach it? (50 words)

What is the total amount of cash invested to date in this startup (in USD)?

Monthly Expenses *
What are your current monthly cash expenses (in USD)?


Lifetime revenue *
How much revenue has your startup generated since inception (in USD)?

Break-Even Volume*
What is the projected break-even volume (quantity) for the business? (25 words)


Break-Even Revenue *
What is the projected break-even revenue for the business (in USD)?


Impact *
Describe what impact your business will have within your community, country for job creation, revenue generation or social development? (200 words)


Challenges *
What are the top 3 challenges you face in operating or launching your business? (50 words)


Aims & Objectives *
Explain briefly what you hope to achieve from participating in the Tony Elumelu Entrepreneurship Programme? (200 words)


Business Skills *
What business skills do you most need to learn about?

Information Source *
How did you hear about the Tony Elumelu Entrepreneurship Programme?

Time Availability *
If accepted into the programme, will you work full time on this business/idea?


Reason *
If you cannot commit to working fulltime on this startup if accepted, please explain why? (50 words)


Previous Accelerator *
Have you taken part in any entrepreneurship programme/ accelerator programme or received any angel investment/grant in the past year?


Referees *
Please provide details of two character and/or professional referees.
Re: Essay Questions On Tony Elumelu Entrepreneurship Competition by Emyres: 12:59pm On Jan 10, 2017
Where is the link?
Re: Essay Questions On Tony Elumelu Entrepreneurship Competition by mtngloetiartel: 12:29am On Feb 15, 2017
it is a known fact that capital is the biggest challenge to scale before a business idea could even take off. But how could one answer these questions below when one has not even be able to start at all?
What is the total
amount of cash
invested to date in this
startup (in USD)?
Monthly Expenses *
What are your current
monthly cash expenses
(in USD)?
Lifetime revenue *
How much revenue has
your startup generated
since inception (in USD)

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