PEER UP! Business is not for the weak!
MSME AFRICA
Africa's leading news and resources platform for Micro,Small and Medium Enterprises
Dear entrepreneurs,
I want to share a chat I had with a fellow business owner recently.? We could learn a thing or two
Me: "Hey, have you ever felt like you're just trying to keep up in the business world?"
My Friend: "All the time! It's exhausting. But I've realised that just keeping up isn't enough. We need to 'peer up' - look beyond our own circles and learn from the best."
Me: "What do you mean by 'peer up'?"
My Friend: "Well, it means looking to industry leaders, innovators, and disruptors for inspiration and guidance. It's about staying ahead of the curve, identifying new opportunities, and developing strategic thinking."
Me: "That makes sense. I feel like I've been stuck in a rut lately. How do I start 'peering up'?"
My Friend: "Start by seeking out mentors, attending conferences, and reading industry publications. Connect with people who are pushing boundaries and learn from their experiences."
Me: "Alright, I'll give it a shot. Thanks for the advice!"
My Friend: "No problem! Remember, peering up is key to elevating your business and staying ahead of the game.
Here’s what I have for you this week:
ICYMI!!!
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Advertise in our newsletter and:
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Lets grow your business!
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Business Growth Series, September 2024
Dear entrepreneurs,
In today's unpredictable business landscape, resilience and grit are essential for success. Join the next edition of our "Business Growth Series" as we bring together experts from diverse fields to share practical advice and inspiring stories on navigating challenging economic situations.
Here's what you'll get for attending:
- Proven strategies for building resilience in your business
- Insights on managing risk and uncertainty
- Networking opportunities with fellow business owners
- Actionable tips for driving growth in challenging times
Event Details:
- Date: 25th September, 2024
- Time: 10am
- Venue: Yaba, Lagos
Register NOW to secure your spot and gain the knowledge and connections to thrive in any economic situation!
Limited slots available!
Trending News
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Nigeria Deposit Insurance Corporation (NDIC), (CBN), (BoI), (UBA), and Access Holdings Plc, pledged to support Nigeria’s $1 Trillion Economy Goal at FICAN 2024 Conference
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Amplifier Business Clinic Awards N10 Million Grant to Young Entrepreneurs
As part of its initiative to support youth entrepreneurship, the Amplifier Business Clinic 2024 has awarded an N10 million grant to eight outstanding beneficiaries at the grand finale. READ MORE?
NerdzFactory Foundation and Access Bank Empower 500 Youths with Essential Digital and Employability Skills
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CBN Approves US$20,000 Sale to Bureau De Change Operators to Boost FX Liquidity
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Tony Elumelu Foundation Empowers 8,000 Women Entrepreneurs in Africa
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Nigeria Partners with Google to Launch N100 Million AI Fund for Startups
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Opportunity Galore
Call For Applications: Allan Gray Centre for Africa Entrepreneurship (AGCAE) PhD and Masters Scholarships 2025
领英推荐
The AGCAE is currently accepting applications for its full-time, funded doctoral and master’s research programs. The new PhD and Masters intake will commence their studies in Stellenbosch from 10 February 2025. APPLY HERE?
Call For Applications: Agroye My 500K Agribusiness Idea ( Up to 1 million Naira Grant Prize)
Turn your innovative agribusiness idea into a reality! Agroye is calling on ambitious entrepreneurs to apply for the My 500K Agribusiness Idea competition, offering a grant prize of up to 1 million Naira. If you have a groundbreaking solution to transform the agricultural sector, we want to hear from you! Submit your application now and take the first step towards turning your vision into a successful agribusiness venture. Here's the LINK to Apply ?
?Call for Applications: YouthConnekt Africa Export Accelerator 2024 for Youth Owned Enterprises.
Unlock the global market and take your business to the next level! The YouthConnekt Africa Export Accelerator 2024 is now open for applications, offering youth-owned enterprises a unique opportunity to expand their reach and boost their exports. If you're a young entrepreneur with a passion for international trade and a drive to succeed, this is your chance to connect with global buyers, access new markets, and grow your business.?
APPLY NOW and join the ranks of Africa's leading export-ready youth enterprises!
Call For Applications: UNDP Undergraduate Essay Competition 2024 for Nigerian Students (N1,000,000 prize)
Unleash your writing skills and win big! The United Nations Development Programme (UNDP) is excited to announce its Undergraduate Essay Competition 2024, open to talented Nigerian students. This is your chance to share your thoughts, showcase your creativity, and compete for a prize of N1,000,000.?
If you're a passionate and articulate undergraduate student with a vision for a better Nigeria, APPLY NOW and take the first step towards making your voice heard.??
Call For Applications: Innovest Ignite Global Accelerator Program ( up to 50,000 USD for equity)
Ignite your startup's potential with global support! Innovest is now accepting applications for its Ignite Global Accelerator Program, offering innovative entrepreneurs the chance to scale their businesses and access up to $50,000 in funding for equity.?
If you're a founder with a groundbreaking idea, a minimum viable product, and a drive to succeed, this program is designed to help you refine your strategy, expand your network, and propel your growth.? APPLY NOW !
Call For Applications: TVC Labs MentorPitch 8 Program for Early-Stage Startups
Transform your startup's future with expert guidance! TVC Labs is now accepting applications for its MentorPitch 8 Program, a prestigious initiative designed to empower early-stage startups to succeed.?
If you're a visionary founder with an innovative idea and a passion for growth, this program offers a unique chance to connect with seasoned mentors, refine your pitch, and access valuable resources. APPLY NOW?
Call For Application: Gain Microgrant Funding For Nutritious Food Businesses 2024 ( Up to N 4 Million each to 40 Businesses)
Are you a Nigerian entrepreneur passionate about providing nutritious food solutions? Apply now for the 2024 Microgrant Funding Program, supporting innovative businesses that prioritise healthy eating.
Don't miss this chance to fuel your mission and make a lasting impact on Nigeria's food landscape. APPLY TODAY!
Call For Applications: Fight for Access Accelerator For Businesses in Nigeria and Kenya
Are you a Nigerian or Kenyan entrepreneur driving innovative healthcare solutions? Apply for the Fight for Access Accelerator, a pioneering program supporting businesses that bridge the healthcare gap in Africa.
This accelerator offers a unique opportunity to scale your impact, refine your strategy, and connect with industry leaders. APPLY NOW?
The Entrepreneur’s Quiz
Last Week's Question?
What is the term for a business model that involves offering a product or service for free, to generate revenue through other means, such as advertising or premium features?
A) Freemium
B) Subscription-based
C) Pay-per-use
D) Open-source
Correct answer: A) Freemium
Explanation: The freemium model is a popular business strategy where a basic product or service is offered for free, while charging for premium features or services. This model is commonly used in software, gaming, and digital media industries.
Today's Question?
What is the primary purpose of a Unique Value Proposition (UVP) in a business?
A) To create a catchy marketing slogan
B) To describe the features and benefits of a product or service
C) To differentiate a business from its competitors and clearly communicate its value to customers
D) To establish a brand's mission and vision statement.
Fun Facts about Entrepreneurship
Did you know that many successful entrepreneurs are actually introverts??
Despite the common stereotype that entrepreneurs are outgoing and extroverted, many famous entrepreneurs like Mark Zuckerberg, Bill Gates, and Warren Buffett are actually introverts. In fact, a study by the Harvard Business Review found that 40% of top executives identify as introverts.
Introverted entrepreneurs often leverage their unique strengths, such as:
- Deep thinking and reflection
- Active listening and observation
- Creativity and problem-solving
- Strategic planning and execution
These traits can help introverted entrepreneurs excel in business and innovation, even if they don't always seek the spotlight.?
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Till next time
Ododoola, MSME Africa?