₦airaland Forum

Welcome, Guest: RegisterLoginWith GoogleTrendingRecentNew

Stats: 3,325,737 members, 8,423,509 topics. Date: Tuesday, 09 June 2026 at 07:55 PM

Toggle theme

Sibe007's Posts

Nairaland ForumSibe007's ProfileSibe007's Posts

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 (of 26 pages)

BusinessRe: New Project: 52 Weeks / 52 Business Start-up Ideas For Nigeria by Sibe007(op): 10:50pm On May 03, 2017
topsam1:
Kudos to you mr ebis....I have sent a mail to you closed to 3 weeks now, no reply...its actually on one of the ideas you shared here on nairaland...I even sent you a reminder...all you said was 'you've been busy and will reply me sooner' but uptill this moment...you can check your mail again...thanks and God bless
Oh, very sorry bro. Will reply now
BusinessRe: New Project: 52 Weeks / 52 Business Start-up Ideas For Nigeria by Sibe007(op): 3:12pm On May 03, 2017
This might seem cheaper and could offer more in terms of profit margins but remember, you would need to pay your tailor, which is a new cost to put into financial considerations.


Idea Summary

1. Go to market (Wherever you can get the right materials at the right cost)
2. Buy the Nylons and other packaging related materials
3. Give materials to your tailor to sew as desired
4. Package and label your product (3 or 4 boxer shorts in one pack)
5. Sell! Sell!! and Sell!!!

The above summary is for those who would want to sew for themselves instead of getting already made boxer shorts from the market.


2. The Business

Value Proposition: Comfort and freedom provided by the boxer shorts when worn by the Customers.
Customer Segment: Males and females everywhere, Students, Youth Corpers, etc.
Distribution Channels: Retail stores, other departmental stores, Schools and University Campuses, Online Media outlets (Social media – Instagram, FB, Twitter, etc), Website, Distribution Depot, Dedicated phone line, Sales team.
Customer Relationship: Direct and Mass
Key Activities: Selling, Negotiating, Packaging, Sewing, Logistics, Accounting, Customer service delivery,etc.
Key Resources: Work related equipments (Sewing Machines, sealing machines, label printers, phone lines), Work force (Technical and non-technical staffs), delivery team and customer service support, etc.
Key Partners: Retailers, Traders association, Relevant government regulatory agency
Cost Structure: Transport cost to market, Initial materials purchase, tailoring charges, publicity and marketing, Salary and Wage bill, registrations and other necessary documentations
Revenue Stream: Boxer short sales

3. Competition

There are already boxer shorts out there that would compete against any new entrant into the market. You would have to do something different to standout. You may get celebrities or influencers as models to endorse your new product.
Remember people may have cheaper alternatives so you would need to do as much as you can to prove to and convince your prospective customers to buy from you.

Distinguish your product so you can attract and sell to distinguished Customers. Most of the work to win this would be in the quality of finishing and packaging.

Tip: Take your product to meet the customers (One distribution location to another, campuses etc.), don’t wait for them in stores.

4. Risks

As with every business out there, so it is with this. You could lose your customers if you buy inferior quality materials from the market. Do not be tempted to cut corners all because you are trying to save cost and increase profit margin.


Summary

You can start your own boxer shorts business today. Go through this article again, do as much independent research as you possibly can, then get on with it.


Thanks for following this series.

If you are just joining, you can catch-up on the previous articles following this link. http://agapedev.com.ng/category/resources/startup-series-for-nigeria/

Links

https://www.nairaland.com/3566510/start-own-boxers-business-n5



Till next week, stay inspired.


For more information, comments questions or feedbacks, get in touch.
Twitter: @Mrebis
Email: mrebis1@gmail.com
BusinessRe: New Project: 52 Weeks / 52 Business Start-up Ideas For Nigeria by Sibe007(op): 3:11pm On May 03, 2017
1. The Idea

A good number of Nigerians, both males and more recently females use boxer shorts. An exact figure may not be readily available but it is very plausible that this number of boxer shorts users, are big enough for market consideration.

Just recently I came across a post on Nairaland.com by DKConcept, about starting a Boxer Shorts Business with just 5,000 naira. The Author went on to explain how the new Business man can travel to Aba or Onitsha in Nigeria, to buy already-made Boxer shorts for 200 naira a piece, package 3 pieces in a Nylon pack and sell the three (3) for 1000 naira. Thus making a profit of 350 naira on each pack of 3 (1000 naira) sold, i.e. Removing about 50 naira for the packaging (Nylon & Label). You could read more on this following the link at the end of the article.
N/B: Travel cost (to & from Market) would also affect the profit margin (travel cost could be spread on all items sold).

Today’s startup Idea is to encourage more people more people to look into starting their own Boxers shorts Businesses. You could go to the Market or wherever you can get the materials (Cotton, bed sheet materials, Elastic bands etc.) instead of buying already made boxers shorts. You would then meet your own tailor to make your own boxer shorts as you desire.

BusinessRe: New Project: 52 Weeks / 52 Business Start-up Ideas For Nigeria by Sibe007(op): 3:10pm On May 03, 2017
Idea 18 of 52: Boxer Shorts Business (Male and female)

Christianity EtcRe: Enough Of The 'Let's Go Fishing', Why Not 'Let's Go Problem Solving'? by Sibe007(op): 11:40pm On Apr 30, 2017
itsmeurLady:
With all these things that u kno, I won't be surprised if u are broke as Bleep.... Anywayz, Silence is the best answer given to a Dundie!! Are u even a Manhuh Cs u talk like a Woman. Since ure full of insults, insults u will get. Quote me back if ure a bastard!!!
Nigerian Christian lady, easy with your words. Sorry if u felt insulted by his post. No vex, but let your words carry grace....
Christianity EtcRe: Enough Of The 'Let's Go Fishing', Why Not 'Let's Go Problem Solving'? by Sibe007(op): 11:31pm On Apr 30, 2017
VULCAN:
Religion is a terrible thing. It has blinded the minds of most Christians in Africa. They actually believe that sheepishly following a set of rules and codes and sticking with groupthink is what Jesus came for. How Sad.

There are 200 times more Pharisees and Sadducees in African Churches now than there are people who are connected to the Spirit Of God.

OP did not say we should close churches. But that is what many people are responding to.

OP did not say Churches should do govt work of providing infrastructure etc. But that's what many people are responding to.

The ability to read and comprehend spiritual issues has altogether been lost to many Christians because of a religious mindset. Once a matter "appears" to be a critique of Christianity many peoples brain goes into red alert and shuts down.

What the OP is saying is that churches should be at the forefront of inspiring their members to make a positive difference within their communities and sphere of influence.

That will have a greater impact on Nigeria than focusing solely on street evangelism (which is now more about poaching members of other churches, than converting unbelievers).

How people can read the OP and not get that is beyond me.

Like I said, Christians were at the forefront of scientific progress immediately after the spiritual awakening brought about by the Reformation of Martin Luther.

Most of the basic discoveries in Physics and Chemistry and Engineering that is the foundation of the life we enjoy today emanated from said Reformation.

Today you can hardly find Born Again Christians in The West excelling in the above fields as thinking has been rejected by the churches for at least 90yrs.

God Deliver The Black Race
Thank you so very much....all I ve been saying. There must be something we can do to bring us out of this mess in Nigeria... Our religious activities can be more potent and practically effective than what it seems today...
Christianity EtcRe: Enough Of The 'Let's Go Fishing', Why Not 'Let's Go Problem Solving'? by Sibe007(op): 11:26pm On Apr 30, 2017
itsmeurLady:
When u truly know Christ, ur problems wld be easy for u to sort out... did I forget to add that God gives u spiritual insight as to what u will do with ur lifehuh Jesus sed he that follows me will no longer walk in darkness (confusion, disaster) buh he shall have the light of life (solutions, peace, joy, prosperity). If our Govt. leaders are true followers of Christ, they will perform their duties well and by doing that create more jobs for the masses but it's just that so many of us claim to be Christians buh we've never enjoyed the benefits of that "personal relationship with Christ".... I dnt type anything that doesn't work for me, even tho I err sometimes, I still know that there's no place sweeter than dwelling in God's presence. There is less trouble, peace, happiness, Favour, fulfillment and many others. Who am I without Christ?? And What is life without Christhuh? Continue Spreading the Word, let them hav a true knowledge of Christ. Till people stop asking questions like wat these poster just asked, there is still much more to be done. People need to truly Know Christ More!!!
This is what you will tell our kids in years to come why Nigeria is still behind, in almost all fields despite our Religiousness??

What use is Salt if it has no taste?

It is not a SIN for a human to use his brain or seek a better Society for us all seeing that this very religious one is not working well.
Christianity EtcRe: Enough Of The 'Let's Go Fishing', Why Not 'Let's Go Problem Solving'? by Sibe007(op): 11:19pm On Apr 30, 2017
izzou:
Lol

I quite agree with you sha. But my point is we cannot be depending on another sector or organization for a need contrary to their objective

We can't say,because GTB recorded a profit of 42bn,they should be responsible for improving the health sector.

Yes,they could build hospitals, but it wasn't the vision and objectives it's founding fathers had,or the aims of a bank.

The church, if you are a Christian, was established solely for propagating God's word. You can't blame them for unemployment. China Is successful, not because of religion, remember?

I quite agree with you that religion has done relatively well in Nigeria and instead of channeling this success to human development, the G Os prefer to fly private jets,but let's not misplace priorities here
James 4:17
He that knows to do good and doeth not, to him it is SIN.
Christianity EtcRe: Enough Of The 'Let's Go Fishing', Why Not 'Let's Go Problem Solving'? by Sibe007(op): 11:14pm On Apr 30, 2017
3mmanhu3l:
let me tell yhu somethin..... I graduated from uniben, at one point, they decided to restrict the activities of school fellowships....... That was one of the bloodiest periods of uniben's existence..... 'Til today, they cannot make that move again....... Now imagine it large scale, in the whole of Nigeria.... Consequences would be dire..... It's not just addictions my brotha, addictions are just the fore runners of full blown chaos...... Be careful what you wish for
The Bible says people perish for lack of knowledge (Ignorance), not lack of Religious activities.

How good is Nigeria with all the Religious a activities in the larger scale.
Christianity EtcRe: Enough Of The 'Let's Go Fishing', Why Not 'Let's Go Problem Solving'? by Sibe007(op): 11:02pm On Apr 30, 2017
izzou:
If the Asians have proved that we can be developed and grow our economy without any religion or outside religion, why then are you depending on religion for yours? Why not tow the same path with them?

I don't know whether you believe in God,but Christianity and Islam never encouraged laziness. You claimed Mark Zuckerberg founded Facebook with only the Internet and a computer. But have you forgotten that the computer needs power? Did you realize that the Internet facilities abroad are efficient and affordable than ours. In some countries, Internet is a fundamental human right.

No matter how successful a church, school,mosque or hospital becomes,it will still be expected to serve it's purpose. You don't compel a hospital to fix the roads around their vicinity because they are successful. Yes,they could do it,but it isn't their job
To the one who can do good and doeth it not, it is SIN
James 4:17
Christianity EtcRe: Enough Of The 'Let's Go Fishing', Why Not 'Let's Go Problem Solving'? by Sibe007(op):
mpowa:
But this kind of thinking don't make sense. What's Church's business with 'Intellectual Laziness' are they supposed to leave the spiritual mission they're giving now, to start intellectual development? If churches are spreading more than factories and industries, it's a challenge to you. It means they are EXCELLENT in what they're doing, if you're excelling in yours, maybe they won't but that factory, maybe that other place would have been an industry.

Now that you're so concerned about 'intellect', even the areas they've ventured to help (Universities), Thou pricey but at least those who have the money gets high quality education, but you guys have condemned them to hell. Imagine they start venturing to other things - It will be an unstoppable flow of attack.

IT simple, do something with your own life. Society has dynamics, if everyone is doing what they should do, there will be balance. If I become a pastor today. Every day will be LET'S GO A FISHING, because that's my mission, I'm called to spiritual things. I'm just being good at my job.
Spiritual things like receive stolen funds meant to develop and build society?

Have you wondered why your Religious leaders (save a few) dont call out or speak against the looting by Government. They enjoy the loots as offerings, seeds, etc...
Christianity EtcRe: Enough Of The 'Let's Go Fishing', Why Not 'Let's Go Problem Solving'? by Sibe007(op): 10:52pm On Apr 30, 2017
MakeADifference:
What problems does churches solve?

1. What problems does marriage solve?
2. What problems does kings solve?
3. What problems does owambe weddings solve?
4. What problems does graduation solve?
5. What problems does music solve


I can go on and on.

You won't be the first or last person to be anti-Christian. Even the smartest of them always find it easy being stupid.
Thanks for your kind Christlike words, you 'Nigerian Christian'

Even when someone might be trying to help you, you will still look for a way to fight them.

OP is not Anti-Christian. Just anti laziness

Anti-runaway from responsibilities and pray instead.

How old are you? Since you were born till now, have you experienced steady power supply yet?
Is it impossible with God? Are Nigerian Christians serving a different God?

Is it impossible to make this workhuh

Just one of the many problems shouting for Solution. Keep saying its Government's work and keep suffering and singing while the Government and your religious leaders are enjoying steady power supply and no recession at all...
Christianity EtcRe: Enough Of The 'Let's Go Fishing', Why Not 'Let's Go Problem Solving'? by Sibe007(op): 10:42pm On Apr 30, 2017
Gibrima1:
While it is not a bad line of thought in and of itself, the church just like a court was established for certain core purposes; and the core purpose for which God established churches in to reconcile men to himself. And love of God inspired by the Holy Spirit in the heart of men is the vehicle with which this will be achieved.

Why do people not ask courts or dancehalls/clubs to engage in research just just the way OP is asking the church to?
The OP is asking Religious bodies to be more responsible. Be practically relevant. Provide solutions where they can and speak up for the oppressed too.

Let your light so shine that others will benefit from your presence in their streets and cities.

What use is salt without taste. What use is the church with no effects (life changing, solution providing power)

You are here to do much more than just go to church, die and go to heaven....

There is more to you....peace
Christianity EtcRe: Enough Of The 'Let's Go Fishing', Why Not 'Let's Go Problem Solving'? by Sibe007(op): 10:36pm On Apr 30, 2017
anitapreeti:
Trash!!

What value have you added to your neighborhood? A typical Nigerian, mouth power! undecided
You don't know me. I know me... I know what I have added and am still adding.

Thanks for commenting and for your input. Atleast you noticed and read my post. So message has been passed.

Have a great week. Peace
Christianity EtcRe: Enough Of The 'Let's Go Fishing', Why Not 'Let's Go Problem Solving'? by Sibe007(op): 10:32pm On Apr 30, 2017
Dare2Try:
OP u tried so much but the bad news is that you are irrelevant, nonsense of the century, you can't defend your failed A.P.C government again and now you are shifting the blame to the church of God, Ndi ara
Thank you. If we checked, you may have attended one of those Churches today.

A perfect example of how the Church may not be helping Nigeria.

See their product....SMH

Na real wa
Christianity EtcRe: Enough Of The 'Let's Go Fishing', Why Not 'Let's Go Problem Solving'? by Sibe007(op): 10:29pm On Apr 30, 2017
Nukilia:
grin grin grin grin @ OP you're in trouble o.

Who has done this to you?

I know you are not feeling fine.

Kindly hold your politicians responsible for the misfortune you're facing. Keep the church out of your predicaments. Shalom
My Politicians are members of your Church and Mosques.

They steal and share with you know who

How will a pastor even receive a gift of a Private Jet...
Christianity EtcRe: Enough Of The 'Let's Go Fishing', Why Not 'Let's Go Problem Solving'? by Sibe007(op): 10:27pm On Apr 30, 2017
mikolo80:
leys be honest. That's not their job.
But its their Job to receive stolen funds?

What Job do they do if their members in both religion are ruining this nation with no recourse to conscience.

Their members seem not to be changed or transformed into nation loving, empathetic Nigerian leaders.
PoliticsRe: How Abba Kyari Exploits President Buhari's Poor Health by Sibe007(m): 9:23pm On Apr 30, 2017
And the Senate and House of Reps just watch as these go on?
Christianity EtcRe: Enough Of The 'Let's Go Fishing', Why Not 'Let's Go Problem Solving'? by Sibe007(op): 3:00pm On Apr 30, 2017
gmacnoms:
new churches? New vacancies. If you wish to know? Ask me how. Especially rccg
More expenses too

I agree they provide employment to some.

That does prove a point that if they can have that will and resources to setup that branch that will employ a few. (The pastor, security man, generator, soundtechnician etc). They could also have set up a business (like the Uni business they do), that can employ hundreds and provide food for more families.

There are countless businesses they could do to help their members (not the government).
Christianity EtcRe: Enough Of The 'Let's Go Fishing', Why Not 'Let's Go Problem Solving'? by Sibe007(op): 2:54pm On Apr 30, 2017
gmacnoms:
don't tell dis to gospel artist and my fellow instrumentalist. Believe it or not, church has really given life to many of Us.
I respect your craft or trade as I am good with instruments too.

Whatever you are doing to make yourself and the world around you better must be encouraged. So keep it up.

You deserve more, you can get more if things were done the right way in Nigeria. So hopefully the Religious practices can produce better Nigerians, that will make Nigeria better of.

Although for so many years now, we have had so much Religious practices and little positive changes.
Christianity EtcRe: Enough Of The 'Let's Go Fishing', Why Not 'Let's Go Problem Solving'? by Sibe007(op): 2:49pm On Apr 30, 2017
gadaffioba:
Sorry to bother you.

The Church is obeying the Lord Jesus Christ by going to Fish for men.

And when those men become transformed they will develop the society.
My point is to awaken us to evaluate what we are expending so much time and resources on. How effective or what is the effect of our numerous religious activities in National development.

Do you have steady light yet? Did Jesus not say you are the Light of the World?

You are a solution. How many more years should Nigeria wait for the manifestation of 'Sons of God'

Should our Children still meet same power problems we are faced with....since before we were born.

While we continue to compete whose Religion is better. Whose church is better, which pastor is better....etc.
Christianity EtcRe: Enough Of The 'Let's Go Fishing', Why Not 'Let's Go Problem Solving'? by Sibe007(op): 2:44pm On Apr 30, 2017
gsogbu:
Good, since you are playing your oart, so are they. Every organization has a mission. Theirs is to win souls for Christ, yours is to awaken people to think towards development, the government among other things is to create an enabling environment for the masses. The church is made up of people, many of which have their business es and employees, it also houses both the poor and rich, but there is no way they can give EVERY BODY a job. Anybody that wants to be wayward will be, despite the activities of the religious bodies, but doesn't mean they should stop evangelizing. Many people are offered jobs yet they can't keep it, many roads are built yet they get destroyed. I don't know abt your church or religious body, but i know mine is trying to sanitize the youths towards entrepreneurship and self independence.
Very good, kudos to your Church.

Thanks again for Commenting, I have passed my message, and hopefully our kids will not meet same Power supply challenges we faced even before we were born, till now.
Christianity EtcRe: Enough Of The 'Let's Go Fishing', Why Not 'Let's Go Problem Solving'? by Sibe007(op): 2:38pm On Apr 30, 2017
arrestdarrester:
Could you kindly come up with something good and sustainable without negatively criticizing another's idea?

What is wrong with go-a-fishing? What is wrong in planting churches in and around developing areas? Don't you see fast food joints, event centres, schools and hospitals opening up in new and expanding communities? Abi na mosques you never see spreading into such areas?

Our problem as a nation is not church multiplication, its political. Our problems as citizens is not where we worship, its docility.
Nothing wrong with planting more Religious centers. Are these Politicians not part of one Religious group or the other?

What is wrong in calling out these Religious leaders for not influencing their followers in higher and lower class in Nigeria positively?
Christians or Muslims

What's the point in making more Religious centers that seem not to be producing refined, productive, problems solving Nigerians.
Christianity EtcRe: Enough Of The 'Let's Go Fishing', Why Not 'Let's Go Problem Solving'? by Sibe007(op): 12:47pm On Apr 30, 2017
gsogbu:
To all of you shouting the church has not done enough for the society.
To all of you saying there are no longer great thinkers.
Have you sat down to think...
What have you done to change or add value to Nigeria?
You want people to stop doing what gives them joy and start building industries, as an Individual what have you personally done or built? The church that handed you the flyer was started by one man, why not start your own organization and see how it goes? Stop hating someone for what they believe in, it doesn't change anything.
You cry for more industries, yet criticize the church for building and owning schools. You say they don't create employment yet criticize them for setting standards before they employ a staff. How hypocritical can we go. If religion doesn't help you, then don't disturb others who find joy in it. Its their money, they pay offering and tithe with it. Try using yours to save someone's life or build an industry. I bet the money you spend on drinking alcohol is more than 10% of your income
Thanks for commenting.

I am playing my part as much as I can with the influence, power and platforms I have, but only beg that the Religious leaders will do more with the power, influence and huge following they have.
Christianity EtcRe: Enough Of The 'Let's Go Fishing', Why Not 'Let's Go Problem Solving'? by Sibe007(op): 12:35pm On Apr 30, 2017
Esdb3:
can you reason? your government have been using the people's taxes and oil revenue to fund their greed and somehow the money freely donated to the church is the one you cowards who cant tell a fraudulent senator to his face just what he is, is what you are after? Why are Nigerian youths so dumb?
Government steals form the people and gifts it to the religious leaders. If only they used the funds to create the jobs or made society better, one wouldn't be calling the out.

Imagine someone gifting a Private Jet to a pastor in Warri.

How do you think Mr?
Christianity EtcRe: Enough Of The 'Let's Go Fishing', Why Not 'Let's Go Problem Solving'? by Sibe007(op): 12:23pm On Apr 30, 2017
Esdb3:
and the curch is whom you cry against? why are Nigerian youths eager and quick to slander the church and not your joke of a government? Why not let's go and kill some senators instead of this let's go and bash churches?
Bro talk all you want, and no matter how much I say, it may not have much impact. But you and I know someone or a group of people who have that much power due to their huge following.

The religious leaders.

They have so much power to speak against looters, oppressions, mismanagement of public funds and trust, but do they really stand up for the people that they claim to be Shepherds over?

Can you name any one Religious leader in Nigeria who is using his/her strong influence to challenge or truly make a stand for the people against grave injustice such as Fela Kuti?

One only spoke recently when the FRCN law affected or challenged his influence.

I call on the Religious leaders cos criminals, looters, political thieves. Steal what should have been used to make roads and factories, then gift to these religious leaders. And you say we should not call them outhuh?
Christianity EtcRe: Enough Of The 'Let's Go Fishing', Why Not 'Let's Go Problem Solving'? by Sibe007(op): 12:15pm On Apr 30, 2017
lovethchioma:
Where is the Op... I think this guy has given the best reply to you.
let me add a little to what he has already said.
You people should not just throw the blame to the churches as if they are the cause of what is happening in this country.
Most of the things you've listed are the responsibilities of the government to provide in a very sane society/country... Yes.
This is not to say that religious bodies do not have their parts to play too
The post is not an attack on the Church, just a call on the Leaders that they can do much more with the platform, power and influence they possess.

Did Jesus not say that he was responsible for one man that was born blind? He didn't blame the mans parents, or government.

Where ever he went he did good, he made a difference, he made an impact. All the OP is about is that we start making actual difference in Nigeria.


Izzou
Christianity EtcRe: Enough Of The 'Let's Go Fishing', Why Not 'Let's Go Problem Solving'? by Sibe007(op): 2:12am On Apr 29, 2017
HCpaul:
But we are talking about real world problems.

The above are either addiction or habitual acts and can only be stopped by discipline and by not indulging in them.

There is more to life than just doing good or bad.
Doing good is just to create a better society or environment that will harbor peaceful living.

Though am not justifying robbery but I think that its rise is as a result of societal factors.

People don't have job.... Won't they eathuh Especially when they have responsibilities like tithes and offering to meet up with in church on Sunday.

Just imagine if the number of mega churches and mosques we have in this country are all factories, industries, companies and big organizations, you wouldn't even bother to disturb God again every Sunday with repetitive demands and petitions.
Well said.

Pastors and the Churches are relevant partly because Government has failed to live up to their responsibilities....

So basic amenities and simple things of life will continue to find reason to be prayer points in this part of the World
Christianity EtcRe: Enough Of The 'Let's Go Fishing', Why Not 'Let's Go Problem Solving'? by Sibe007(op): 5:17pm On Apr 27, 2017
Joagbaje:
Everything has its place . Population is on increase . Churches must be planted . That doesn't stop any problem you want to solve.
Must be planted?

What problems does churches solve in Nigeria seeing the amount of time and resources Nigerians expend.
BusinessRe: New Project: 52 Weeks / 52 Business Start-up Ideas For Nigeria by Sibe007(op): 1:24pm On Apr 26, 2017
2. The Business

Value Proposition: Convenient environment for football viewing with large number of people. The large screen would provide clearer picture and a stadium feeling.
Customer Segment: Football lovers, those in crowded settlements who may not always have power supply or be able to afford DSTV subscription.
Distribution Channels: Flyers, roadside display boards, sales and marketers
Customer Relationship: Direct and Mass
Key Activities: Football Screening, Ticket selling, advertising and marketing, customer service
Key Resources: Projector, DSTV box, TV screen, Centre structure (Tent, woodframed), Support staff
Security support, General Manager, Air-conditioner, Generator and fuel
Key Partners: Relevant government regulatory agency, Cable TV providers, Technical supporters
Cost Structure: Facility setup, DSTV, Projector, speakers, Ticket printing, Salary and wage bill
Revenue Stream: Ticket sales, venue rental fees (conferences and lectures), drink sales

3. Competition

• There are presently some bars in some neighborhoods that show football matches for free, for as long as you come in and buy a drink. These are going to compete against your business or else you work to get a clear competitive advantage.
• One advantage yours might have over theirs is the ‘No Smoking’ policy as some of these bars do have people smoking.
• If you use a projector and setup a large screen, it would be way bigger than theirs


4. Risks

• Your set up needs to be solid so that it would not be affected when rain falls which is the case with most of the cable TV providers whose signals are affected when it rains or when its very windy.
• The center would have lower business during the periods when the major leagues are on break, between June and early August. To ensure continued business activities, the center could be rented for conferences and lectures, depending on the location.
• Give more thoughts to challenges that might be peculiar to your own environment before jumping into this Business (Youth levies, area boys, insecurity, etc.)

5. Rough Financial Income Projection

If you have 150 people out of your 300-500 capacity, pay 100 naira per match, that is 15,000. And if you have average of 6 matches in the whole week, that is 90,000 a week, making at least 360,000 naira a month, and having that for at least 9 months as the major European leagues do go on break for at least 2 months in the year. So, 360 thousand naira in 9 months give 3,240,000 naira annually.

Bonus Income

Since most of the matches might be played at weekends, and from afternoon through till evening, the Centre can make extra revenue by renting out the facility for Conference meetings, Seminars and Lectures.

Summary

To successfully set this up, you would need to research properly and identify areas where you can save cost and reduce operational cost in order to increase profit margin.


Thanks for following this series.

If you are just joining, you can catch-up on the previous articles following this link. http://agapedev.com.ng/category/resources/startup-series-for-nigeria/

Till next week, stay inspired.


For more information, comments questions or feedbacks, get in touch.
Twitter: @Mrebis
Email: mrebis1@gmail.com
BusinessRe: New Project: 52 Weeks / 52 Business Start-up Ideas For Nigeria by Sibe007(op): 1:23pm On Apr 26, 2017
1. The Idea

Football has grown to have a huge place in the culture of many Nigerians, who havegrown an affinity to the beautiful game, especially the European leagues and Cup tournaments.

Providing a 300-500 seater venue (AC fitted/Fans), which charges 100 naira per match, can be a source of revenue generation, seeing that there are an estimated 6-10 key matches every week, whilst the leagues are in session.

This will work best in crowded (highly populated) residential settlements. While there may already be some forms of this already being operated, you can break in with something that offers more and gives the football viewer a richer experience.

Features of the Viewing Centre could include these amongst others:
- Projectors and Screens
- VIP seats (They will pay more)
- TV screens
- Furniture (Chairs)
- Drinks
- Air conditioners/Fans
- Wifi
- Bouncers

Idea Summary
1) Get an ideal location (in a highly populated settlement)
2) Agree with the owner of the land for lease/rent agreement
3) Get necessary documentations and licensing
4) Setup your structure (think about ventilation)
5) Install facilities (projectors, TV, chairs, fans, Generators)
6) Advertise and Market your new business

BusinessRe: New Project: 52 Weeks / 52 Business Start-up Ideas For Nigeria by Sibe007(op): 1:12pm On Apr 26, 2017
It is wednesday

Idea 17 of 52 - Football Viewing Centre (300-500 seats)

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 (of 26 pages)