₦airaland Forum

Kemkaze6015:
Oduok thanks you very much. I will like to chat with you privately concerning Biz Plan/Proposal.

I have proposal that I wrote for Yowin second programme that cancel and am still operating the biz. So I will need to gather more experience in other to boost my business Proposal.

lrauusart83@yahoo.com
Thanks.

Mail me on: oduok259@gmail.com

I just remembered something now. Those in manufacturing. You might be carried away by the idea of producing so many products. I want to state here that it is practically impossible to commercialize many products at a time. When you factor the following: standard equipment, instrumentation, quality control lab, registration of brand, and NAFDAC registration, a serious business person will know that you can't handle these reasonably for many products. So zero your mind to one or two products that you can produce at a large scale, brand it, and let it penetrate the market. Things like these would be easily spotted in your business proposal. Start early now to streamline. Time will be too short from the time between our online training to when we would be asked to submit our bankable business proposal for the final stage. Aside the time factor, the stage will be hectic. So start now to work.

Zheemub:
How do one get the 'non-academic' data from customers?
Thanks

You should have asked first what I mearnt by 'non-academic' data. You know when doing research some works will be so beautiful to those in academic but with little to no relevance in the businessworld. When some people will write business proposals they'll stay online and down download beautiful academic works that might not be realistic. So I advice that when you have identified a felt need. You design a product or service to meet the need. Then go out face to face and find out from a section of your would-be customers how these products/service would add value to them. If possible send out samples at promo rate. Ask about pricing - how much they buy similar product in the existing market or how they have been coping without such product. Let them tell you about how they feel about the quality of varities of similar product/service. Fact is most of the time we design a product for ourselves and not our customers. A product no matter how beautiful is worthless if would not be bought.

Let us know that the businessworld is different from the academic world. A lot of you might be lettered people with very high CGPA, like me. But truth is you need to unlearn that and learn business stricto senso.

For start-ups, start to work hard now. Don't exhibit the nature of an opportunist. Be ready for real business. Start to ask business questions. Start off your business at whatever scale possible and make records handy. Meet your would be customers/clients, equipment/raw materials suppliers and get 'non-academic' data that will be convincing when we'll be asked to write our business plans.

I would advice all that made it to this stage in the YouWIN connect to work hard to organize their businesses now. For you to get the loan or grant (whichever one will be obtainable) you have to demonstrate that businessmindedness. Bring out the corporate image of your business. Get a businss card, headed paper, do tax clearance, do VAT, open a corporate account, make more sales, and have some money in savings. Let your financial and operational record be intact.

1. Inflation hit the country and the prices I quoted for equipment and raw materials escalated. 2. BOI said their policy is that I get equipment from supplier on credit, that they will pay the equipment supplier directly on a much later date. 3. The loan I applied for was for 80percent of the project cost while I made intention of making 20percent equity contribution. But the cost of the gathering information for the business proposal and other things wiped off all I had. 4. I was to depend solely on this business. As BOI were to warehouse my NYSC certificate and that was not good enough for business at that nascent stage. Because of all these, I wrote to them and rejected the loan offer.

Let me share the challenges I had with a programme similar to the YES-P. It was organized by the same Bank of Industry (BOI) for corps members last year. The programme was tagged BOI-GEF. I participated, made the first stage success. We were then sponsored for a face to face training in the second stage. The training was rich, I must say. It really added to my business experience - more than any amount of money. The third stage was to write a bankable business proposal. We were to do realtime market survey on the equipment and raw materials supply, targeted customers etc. It was rigorous, time consuming and financially demanding. I scaled through and was offered an award letter for the one million naira loan I applied for. But my challenges were .....

I do hear a lot of complaints from the YES-P participants. Could you guys share what exactly were the challenges you faced in the programme?

Congratulations to all that were shortlisted for this first phase of the YouWIN Connect programme. I would love to interact with everyone here in the next couple of posts ....

This is so ridiculous. Ridiculous of class of degree, ridiculous of the course and institution she finished from. The average educated person was mearnt to create possibilities in any and every environment he/she finds him/herself - talk less of First Class. The country/society is supposed to look up to a First Class graduate and not the other way round.

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dbynonetwork:
Trash!
You lack throughput to comprehend what the OP posted..
Let me make it easier for you... He asked " What have our first class graduates and professors contributed to Nigeria growth and development since independence"..
Please come up with something reasonable.

Everywhere in the world scholars are being consulted by either the government or entrepreneurs to tap into their wealth of knowledge. On daily basis companies, individuals, and government are finding help from these excellent brains. If you can check scholarly indices you will respect them. Most of them are scattered all over the world and making great impact.

Our First Class graduates and brilliant scholars are doing their best. You find them mostly in academia, few are in industry. In the academia they make micro-production of models and prototypes which are excellent products if scaled up. They are not entrepreneurs and not in politics so they would not appear popular based on your definition. Bu if you can interprete scholarly indices then you will know they are doing really great. The bulk of the work in on entrepreneurs and government to step in and commercialize these scholars' work to grow the economy.

This so called miracle here is a little fraction that represents lots of industrial incidents occurring in our workplaces due to lack of safety measures. So many have died but no report, no investigation, no measures to prevent future re-occurrence. My problem with miracle is that it lacks repeatability and reproducibility. The surest thing to do is to practically engineer our processes with safety measures. I appreciate God all the same for the young man's life and i'm glad he survived it.

48 Laws of Power - Robert Greene

Reading job adverts most of the time to me is not to apply for the job - one is not qualified to apply for a lot jobs - but to prepare one for the future. It makes one see him/herself in 10 to 20 years time. It makes one to ask, "with what I am doing currently, what role will I be qualified for in the future?" Now I know that a fresh engineering graduate that has flare for engineering economics can strive to gather experience and training in a career path as a cost engineer.

I've been trying to check for a church member. It is showing Invalid Candidate Number. Has anyone been able to check successfully?

I am sure he will come back to clarify himself. I believe what he mearnt was that he chose to pursue passion in music than pursuing 2million naira monthly offer by slumberger. Being an intern he saw how his boss' marriage crashed despite the wealth. It boils down to what you have passion for. I must say he is lucky because he pursued his passion in music and made it - others miss both. I can remember in 2014 during my six months undergraduate internship in an oil company (a multi-national). Despite all the money people made there I was never motivated. My passion was completing my degree and commencing lecturing. So towards my sixth month, my boss asked that my stay be extended. That I should shuttle between school and the company. That would have been an opportunity to work towards a career there but I rejected the offer. Going back to school, I missed the First Class and missed the lecturing. But the passion is still here. Ask me what i'm doing now? - Teaching in a private secondary school.

This post will hardly reach front page. If it were, "My Regrets of Going to School", "First Class Yet No Job", "Who School Epp?" "Is My Degree Worthless?" By now it would have reached her destination - front page. I am sure what most of us hail today is what we'll be ashamed of tommorow when our children will pick it from us.

temmytopsy1:
wow. i love to listen to sisqo, craig david, celine dion, rkelly and this guy that sang it wasnt me

lolz... That should be Shaggy

OP do you really want to hear the truth? All those big names - UK Masters, Advance Process Integration do not mean much in this country. The highest it can fetch you is improving of so-called chances of employment - we are not practicing engineering in Nigeria let alone Advanced Processes. If you miss getting another employment you may not be able to set-up anything in the country related to the knowledge you have acquired. So, my imperfect advice is: continue the work you are doing and always be sure of your future rather than wishing like teenagers. Age is not on our side to experiment uncertainties.

I wonder why it is federal government that is the one breaking this news. I'm afraid FG might one day call off ASUU strike.

tan7:
pls how can I store palm oil for long period without it spoiling

Store it in the dark and avoid contact with heat.

Maybachmeeky:
That is a brilliant perspective coming from you sir.
I've been following your posts on nairaland, you sound like one professor that thought me while I was still in school.
I enjoy reading your posts.

lolz ... thanks

The great ASUU strike of the 2013 helped me to have one year internship in the oil and gas sector. I had already commenced my 6months internship before the strike. The strike lasted for 6months giving me additional time for more experience. I spent 6months in DPR and 6months in Exxonmobil. Students should always seize opportunities to add value to their life. At no time will conditions be favourable. Successful people only seize opportunities.

WHAT I FOUND OUT IN 2015 WHEN I LEARNT THAT DANGOTE WANTS TO GO INTO TOMATO PASTE PRODUCTION ...
I don't know why Bloomberg didn't see this while designing the plant for Dangote. I did a similar design in 2015 and this was my finding: taking a production capacity of 360,000 tons of tomato paste annually as a basis. Material balance revealed that 2,477,100 tons of raw tomato is required. (Raw tomato is 7 degree Brix while tomato paste is 30 degree Brix). Market survey revealed that a ton of raw tomato in the local market was 350 dollars while a ton of tomato paste was 1,300 dollars. Ignoring every other costs, annual cost of raw material for the plant was 866,974,500 dollars whereas annual income from sales of tomato paste was 702,000,000 dollars. I concluded and reported that the plant was technically sound but lacked economic viability. My recommendations were: 1. Government should intervene and subsidize the production cost of tomato for farmers who would sell the raw material to processors at subsidized rate. 2. The plant should consider producing other products like lycopene from the waste. 3. The plant should employ pinch technology to recover heat from the three effect evaporator for use in other units like sterilization and preheating. I love this government policy. It is a step in the right direction.

Why won't Cameron be defeated when four nations teamed up to face them. I saw Biafra republic, Niger-Delta republic, Oduduwa republic, and Northern republic, all wearing one jersey to face Cameron. Nigeria indeed is great when united. No one shouted secession on the pitch. Together we stand. Ask our politicians, they are always very united when sharing the national cake. #IStandWithOneNigeria#

With this Fayose has shown a sign of true leadership. I wish we should live in Nigeria where we are not divided between religious line.

The day you will finally get chartered as an accountant you will come back and read this your post and see a whole lot of difference. Academic knowledge and "work experience" can be deceptive. When we talk of work experience it is not the length of time that matters but the role and the milestones met. There are lots of key roles that you must have not been given in your organization(s) because you were not chartered. Try and get chartered the difference will be clear. Let's promote professionalism in our callings.

I don't know why Bloomberg didn't see this while designing the plant for Dangote. I did a similar design in 2015 and this was my finding: taking a production capacity of 360,000 tons of tomato paste annually as a basis. Material balance revealed that 2,477,100 tons of raw tomato is required. (Raw tomato is 7 degree Brix while tomato paste is 30 degree Brix). Market survey revealed that a ton of raw tomato in the local market was 350 dollars while a ton of tomato paste was 1,300 dollars. Ignoring every other costs, annual cost of raw material for the plant was 866,974,500 dollars whereas annual income from sales of tomato paste was 702,000,000 dollars. I concluded and reported that the plant was technically sound but lacked economic viability. My recommendations were: 1. Government should intervene and subsidize the production cost of tomato for farmers who would sell the raw material to processors at subsidized rate. 2. The plant should consider producing other products like lycopene from the waste. 3. The plant should employ pinch technology to recover heat from the three effect evaporator for use in other units like sterilization and preheating.