4 REASONS WHY PEOPLE DON’T WIN YouWiN!
1. Lack of Awareness
There are so many people with very good business ideas. They can write a very good business package but are not aware of what the Federal Government of Nigeria is doing. Once you don’t know, you don’t know. We have to develop an eye, ear, heart, and feel for information. If you need to buy a book and read, do so. If you need to attend seminars, attend it. If you need to follow a blog or read newspapers regularly for information and ideas, Just do it. Statistics have shown that the difference between successful and unsuccessful YOUWIN applicants are the information they have access to. To get more information on YOUWIN, visit www.youwin.org.ng
2. No Idea
That sounds funny, but it will surprise you that many people registered for YouWiN and have no idea of the possible businesses they can do. As a result, they do not submit their business plan. In YouWiN 1, 110,000 registered, only 25,000 submitted their business plans.
3. Good Idea But No Market Need
Many people do not scrutinize their ideas before submitting it to YouWiN!. The question is how many people will patronize your idea. Do you think the market need this idea or simply, do you think there is a market for your idea? People do not do their market research well.
4. Poor Business Plan
Writing a business plan is a skill you can develop. That is the reason YouWiN! will request that you attend the business development training before you write for the second stage of the competition. Many people have a unique idea but a poor business plan presentation.
To make preparation for YouWiN3 business plan competition very easy for you,
We have prepared for you this material: Grant Winning Workbook for YouWiN and Investors.
Apply for Youwin3 @ www.youwin.org.ng
BUSINESS CONSULTANT- AUTHOR - SPEAKER - SERIAL ENTREPRENEUR - BUSINESS COACH
He is an alumnus of Enterprise Development Centre (EDC) of the Lagos Business School (LBS), Pan-Atlantic University (PAU). Through his training, mentoring, speaking and coaching programmes, he has empowered many young people over the years to start and grow their own business, build wealth, create multiple streams of income and achieve financial independence.
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