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How I Used N10,000 Business Plan To Access $5000 Grant - Business To Business - Nairaland

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How I Used N10,000 Business Plan To Access $5000 Grant by patrick1234(m): 11:55am On Sep 20, 2021
How I used N10,000 Business plan to access $5000 Grant

In 2015, when I was starting out to building my business, I had very little capital and I was struggling to raise money for my business. I could not rent an office, nor employ staff and I could not grow the business until I had to settle down to develop a business plan for my business which cost me about N10,000 to put together. My intention was to use this business plan to raise money. My first knock was my family and friends but this option did not work because most of my networks then were government workers and could not afford to raise me the money. I am the only entrepreneur in my family. Like the adage says, what you don’t have, you can’t give.

Friend, I know your business might be in this position now and you don’t know how to go past this stage. I am glad to let you know you are not alone. I received a lot of chats like this every week of people that needed to raise funds either to start, grow or expand their business.
One thing that is generally common to this set of people is that they don’t have a plan and they are not ready to be patient to raise their funds.

In my own case in 2015, I used the N10,000 business plan I put together to apply for the Tony Elumelu Foundation grant. But that year my business idea was not selected. At this point, most people quit fundraising because of disappointment and I have been there, I know how it feels.

Yours might not even be a grant, it might be your rich uncle that promised you and he disappoint you. It could be anything. You must not let disappointment get at you. It was Robert Schuller that says Tough Times Never Last but Tough People Do. I read this book back to back when I was an undergraduate student at the Obafemi Awolowo University. So, I have learnt how Not to let "No" get at me.
To cut the long story short, I applied for Tony Elumelu Application the second time with a slight tweak in my business idea and business plan and that was it, I was selected in 2016 and I received $5000. That was the beginning of a big breakthrough for my business.

Friend, the question to you today is that “Do you have a Detailed Business Plan for your Business idea or Your current business venture that you want to grow and expand?”

I tell you, a lot of people don’t have a detailed plan and the patience to raise funds and see their business idea launch out. But they can be patient enough to work in a company for 35 years and start again to look for money to start a business.

You must not be sold on that falsehood; you can start a side business today even though you are working full time in a place. Your dreams are valid, and if you wait enough for it, it will surely come to pass. I have options to go into paid employment, but I knew what I saw and I had to wait for it. Today, my business has 7 direct staff and over 10 indirect staff. My joy today is that my business feeds over 17 families.

Friend, what can you see about the future of your business idea. Can you create a compelling vision that is bigger than you that will bless humanity and make our world a better place and reduce unemployment in our society?
When we sell our business plan services to people, some people will still say they don’t have money, even when we run promos.

Our N5000 independence promo is currently on. You can click here to check https://www.dayoadetiloye.com/2-weeks-n5000-business-plan-independence-promo-2021-is-here/ it but some people will still say I have no money. Look, the Holy Book even says, “Whoever has will be given more, and they will have an abundance. Whoever does not have, even what they have will be taken from them.”
It is a dangerous zoon to be in a state of I don’t have. You must have something. That is the reason why the rich keep getting richer and the poor keep getting poorer.

So, if you cannot order for our N5,000 business plan,

Here is a business plan outline that you can use to work on your business idea.
· Executive Summary
· Business Description
· Products and services
· Market Analysis
· Competitor Analysis
· Sales and Marketing Plan
· Operational Plan
· Management plan
· Financial Plan and Projections

This is a simple outline to start with, and there are more complex outlines than this.

My name is Dayo Adetiloye, a professional business plan writer and trainer. I have trained over 50 people on how to write a business plan and make money from it. I have also helped over 1000 businesses to access grant opportunities. You can reach me on: call or whatsapp +2348060779290

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