This presentation is about understanding and making informed

1. Stepping
Out
to
WIN
MBA, ACA, MSM
www.bidemionajobi.com

2. Opening Thought
“The secret of success in life, is for a man to be
ready for his time when it comes”
– Benjamin Disraeli
“The best way to predict the future is to create it”
– Anonymous

3. The facts!
Youth Unemployment 3X Unemployment Literacy
Country
General Unemployment* rate (%) (%)
Zimbabwe 95 90.7
Macedonia 31.4 97.3
Nigeria 21 61.3
Egypt 12.2 72
Ghana 11 67.3
India 9.8 61
Central African Republic 8 56
• Only about 20 million (out of 170 million) Nigerians
have sustainable and regular jobs
• 13,000 people applied for 100 executive drivers
openings i.e. 1,300 application per slot.
• The fact that you went to school is not a aguarantee
of employment

4. …at crossroad of life
oy ee
mpl
E
Self-E mployed

5. Assess yourself
You must understand your current position to make
meaningful decision on way forward
Death
Recognizable
Advancement Leadership Position
State of
Readiness
Vision Rebirth
Market Appreciatio
n
Self
Discovery Self Preparation
Herd Mentality
Birth

6. The Employee Option
• Perform specific duties which are
packaged into a job
• Income assurance
• Expected opportunity for career
advancement
• Opportunity for learning

7. Be mindful of KASH
Most people spend
time and money
K A
Most
termination &
business
failures are
KNOWLEDGE ATTITUDE due to
weakness in
S H
the right half
of the
KASHbox
SKILLS HABITS
developing the left
half of the KASHbox

8. The Business Option
• The state of being busy either as an individual or society
as a whole, doing commercially viable and profitable work
• A business (also known as enterprise or firm) is an
organization engaged in the trade of goods, services, or
both to consumers.

9. Entry Categories
Business

10. Business Worth & Financing
The Balance Sheet (Statement of Financial Position
Fixed Liabilities Fixed assets
Capital and reserves Intangible Assets 164
Biz Owner(s) Called-up share capital 271 Tangible Assets 9,487
Share premium 788 Investments 524
The Business Retained Profit and loss 729
Minority interests 216 Current assets
Other Investors
Long term Loans & advances 6,553 Stock 87
Creditors e.g. Bank
Debtors 986
Current Liabilities Short-term investments 1,430
Customers Trade Creditors 2,904 Cash 222
Others e.g. Accrued Expenses 1,439
Landlord, PHCN, etc
12,900 12,900
Liabilities Assets

11. Starting with “NO” Money
Identifying area on “NO” or Low cash
requirements
• Value chain
• Your Capacity (and Network)
• Industry
• Agency
• Service business
• Partnership

12. Starting with “NO” Money
• Value chain – Real Estate
Agents/Brokers
Agents/Brokers
Land Estate Buyers/Tenant
Developers Builders
Merchants Managers s
Agents/Brokers

13. Starting with “NO” Money
• Do YOU have required Capacity (and
Network)?
Dealing with
Dealing with
Direct selling
Direct selling
Production
Production Employees
Employees
Marketing
Marketing Dealing
Dealing
Keeping
Keeping Dealing
Dealing with
with
records
records with
with Creditors
Creditors
Distribution
Distribution suppliers
suppliers
Maintenance
Maintenance Dealing
Dealing
Dealing with
Dealing with with Public
with Public
Planning
Planning Government
Government
growth and
growth and
change
change Arranging
Arranging
Dealing with
Dealing with financial
financial
Debtors
Debtors matters
matters

14. Starting with “NO” Money
• Industry - Printing
Printing Pre-Press Post Press
Customer Press
Marketing Consultants Services
Also Trade (Retail): Computer Village model

15. Starting with “NO” Money
• Agency
• Insurance (Leadway Insurance)
• Network Marketing (IFA, a2w, etc)
• Branch/Outlet Management Service
• Service Business
• Consultancy
• Marketing Services (e.g. Dry Cleaning Biz)
• Partnership

16. Closing Thought
“The grass is greener….where it is
watered ”
– Femi Akin-Alamu

17. Thank You
Thank You
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