Ever wondered why most businesses fail at an early stage? Almost 90% of startups fail within six months of operation. Any idea of why the stats stand like that?  You may think your business is moving but literally failing inside out. Most Startups businesses have faced a big failure even before they are known.  You can imagine how frustrating business failures are at any level. It can be big corporations either public or private ones. At the end it is more stressful to see all hard work going in vain.  Today I am going to highlight key things to help you build a better business model Canvas. Lots of business people care less about the importance to the business canvas, hence leading to business failures. What is a Business Model Canvas A business Model Canvas is a representation of the business activities throughout operations, it helps to visualize, assess, build or model a business in a strategic way. Business Model was first discovered by Alexander Osterwalder,  a...

I always had it very difficult to embrace the idea of partnership business. Its not even myself but the majority have the same mentalities. It took a lot of milestones for one to figure it out on how partnership works as it requires a lot of effort and dedication. Basically , you need a lot of energy to reach the top of a strong partnership. That doesn't happen overnight Having said that, it all depends on what type of business partnership you are entering. Working in a strategic manner.   Meanwhile, there are a lot of ways you can work towards health business partnerships. By entering into a Memorandum of Understanding, MOU is a key point to look into.that is if you are to stay longer in a business. In this blog, I will show you some directions you are supposed to take for a sustainable business partnership. Your Partnership idea Before doing anything you should come up with a partnership business idea which will help you drive through the processes. You need to brainstorm on...

What’s holding you back from starting your business? Initial investment or human resources? If that is the case, I hope this blog is for you as it will help to spark your mind to work on your ideas to reality. According to research a lot of people have beautiful ideas. However, most of them are not being implemented. Several factors surround that such as lack of seed capital, mentorships and technical assistance from those in the field. It’s not new news that many lose interest in working towards their beautiful ideas. One way or another, don't give up. The road to developing your idea into a scalable business is not as easy as it looks on a PowerPoint. You can have a well aligned idea but fail on the ground. Let me take a break by reminding you that there is no good time to start a business planning process. You can plan in three phases 1.   Short term planning 2.   Intermediate term planning 3.   Long term planning It takes dedication and dedication to develop a viab...

Youth integration simply means youths engage in different aspects to enhance economic growth in their communities by taking an active role in decision making. For instance, in schools, Public and private Enterprise  Photo from unsplash, Zachary Nelson Youth integration in business is something which needs to be worked upon in all sectors. That’s be it private or public institutions. With youth being the leading majority globally, it is of great importance to integrate them in all levels of the developmental activities.  Basically, there is a lot to be desired in as far as embracing the youths in different activities particularly in business opportunities. I personally, find it not fit enough for both private and public sectors making it difficult for the youths to create job opportunities through entrepreneurship. You may agree with me that mostly the youths are not fully engaged in as far as ideation to execution processes let alone being a chamber of disposal.  That bei...