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BUSINESS DESIGN
Demystifying Effective Entrepreneurship
AGENDA
 Reason for Starting Business
 Essentials Element of Business
 Why Businesses Fail Especially Small Business
Why Do We Start Business
Why Do You Want To Start
Business
ESSENTIAL ELEMENTS OF
BUSINESS
VISION STATEMENT
What Do You
Want to Be?
+++++++++++
What Do want
your business
to be ?
MISSION STATEMENT
What is Your
Personal Mission
Statement?
Who Are You?
Business Mission Statement
PURPOSE
 Why Do Your Business Exit?
 What Problem is your business trying to
solve
 What Result will your business bring to
people
MISSION STATEMENTS
Touch the lives of people by providing their
basic needs. Dangote
Look at this
Element of Vision/Mission
Statement
It Must be Written Down
It Must be Communicated regularly
 Where are you going?
/Business Going
 How do you intend
to get there?
STRATEGIC GOALS
STRATEGIES AND TACTICS
Our Action Plan
Module 2
FIVE QUESTIONS YOU MUST ASK
YOURSELF
WHAT IS OUR MISSION?
 What is our Current Mission?
 What are our Challenges?
 What are our opportunities?
 Does this mission need to be
revisited
WHO IS OUR CUSTOMER
 Who is our primary customer?
 Who are our supporting
customers?
 How will our customer change?
WHAT DOES THE CUSTOMER VALUE
 What do we believe our
primary and supporting
customers value
 What knowledge do we
need to gain from your
customer
 How will participate in
gaining this knowledge
WHAT ARE OUR RESULTS
 How do we define result?
 Are we successful
 How should we define our result
 What must we strengthen or
abandon
WHAT IS OUR PLAN
 Should the mission be changed
 What are our goals?
Succeed From the Start with your  Small Business
t: 08060051589
e: abiodun@dualityconnect.com
w: dualitybusinessacademy.com
Succeed From the Start with your  Small Business

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Succeed From the Start with your Small Business

Editor's Notes

  1. Set direction for your business
  2. Generate Action Plans
  3. Element of Effective Plans: Abandonment, Concentration, Innovation, Risk Taking, Analysis ( ACIRA)