This document discusses pivoting a small business into a startup. It begins by defining small businesses and startups, noting that small businesses are privately owned entities that are limited in size and revenue and serve small market areas, while startups are founded to create new products or services under uncertainty. It then explains that the difference between the two is scale and growth potential. The document outlines steps for pivoting a small business into a startup, including identifying problems to solve, creating a long-term vision, developing sellable products/services, creating a business plan, and getting to work while managing finances and using contacts/networks.

1. OLATUNJI GBESAN
PIVOTING A
SMALL BUSINESS
INTO STARTUP
MANAGING PARTNER,
LEVBIZ INTEGRATED COMPANY

2. OUTLINE
POINTS FOR DISCUSSION
WHAT ARE SMALL BUSINESSES?
WHAT ARE START-UPS?
WHAT MAKES THE DIFFERENCE?
ENTREPRENURAL JOURNEY
IDENTIFY AND RELATE
SMALL BUSINESS TO START-UP
HOW DO I PIVOT FROM SMALL BUSINESS TO START-UP?
SUMARRY AND CONCLUSION

3. •PRIVATELY OWNED
CORPORATIONS, PARTNERSHIPS
OR SOLE PROPRIETORSHIPS
• LIMITED IN SIZE. THOUGH THIS IS
INDUSTRY DEPENDENT
•LIMITED IN REVENUE. THIS ALSO
IS INDUSTRY DEPENDENT.
•DESIGNED TO SERVE A SMALL
MARKET AREA.
WHAT ARE
SMALL
BUSINESSES?

4. WHAT ARE
START-UPS?
•Eric Ries defines start-up as human institution
designed to create a new product or service under
condition of extreme uncertainty.
•Typically stated by 1-3 founders who focus on
capitalizing upon a perceived market demand.
•They are usually self-funded by members of the
founding team.
•Expansions are usually funded by investors or
through loans

5. WHAT
MAKES
THE
DIFFERENCE?

7. ENTREPRENEUR'S JOURNEY SLOPE

8. IDENTIFY AND RELATE

9. IDENTIFY AND RELATE

10. IDENTIFY AND RELATE

11. IDENTIFY AND RELATE

12. PIVOTING FROM SMALL BUSINESS
TO START-UP?
Vision for Long
Term
Problem
Identification
Stay InformedBusiness PlanSellable Ideas

13. PIVOTING FROM SMALL BUSINESS
TO START-UP?
Identify a
problem
you want
to solve
Create a
vision
preferably
a long term
vision.
Develop your
idea into a
sellable
product or
service with
key features
Develop
your
business
plan/case
Roll up
your
sleeves
and get to
work

14. KNOW WHERE YOUR MONEY
IS COMING FROM
PLAN YOUR FINACES

15. DON'T BE PUT OFF BY
FAILURE
USE YOUR CONTACTS AND
NETWORK

16. lezbiz_group@outlook.com
MAILING ADDRESS
REACHOUT
olatunjigbesan@gmail.com
EMAIL ADDRESS
(234) 8061376008
PHONE NUMBER