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START BUSINESS WITHOUT CAPITAL
If you follow these steps you can start a business without a capital and think about you capital later!
- Get a Vision/ Idea / Concept
- Organize the Vision/ Idea/ Concept
- Get the 1st Power of a Visionary – Information.
- Identify your resources.
- Know where to get it.
- Learn how to get it.
- Brand your vision/ idea/ concept (Branding can fetch what you need)
- Spot/ Create a market for your idea.
- Place a value on the idea – for your clients and for yourself.
- Start small like the balloon
- Draw a plan (but never expose it if it will not attract your capital)
- Sell yourself before you sell your idea to Partners/ Sponsors/ Buyers. (Self – Packaging, Reputation, Credibility, Information)
- Go for your capital.
– Make people pay upfront since you don’t have the capital.
– Good make-up for your idea makes it worth wooing.
– Negotiate a deal not a favour. (Show them what’s in it for them)
– Get a loan
- Deliver what you promise and in good time.
- Offer freebies to people (They will advertise you. That’s what multinationals do)
- To sustain your business don’t continue on people’s money.
- Create a stable/ consistent income channel.
- Change how you do what you do to get bigger. – Be consistently innovative.
- Draw another plan (New operation, New market, Extension plan)
Lecture By Fola Daniel Adelesi
About the author Fola Daniel Adelesi
Fola Daniel Adelesi is a professional public speaker who also trains other speakers. He's a highly engaging training facilitator and he holds his large audience spell bound when speaking at gatherings. Apart from his several platforms which include banks, insurance companies and religious organizations where he facilitates trainings, he has been a part of some national television shows and he spoke so intelligently. He's an author, business consultant and highly skilled master of ceremony with excellent poise and diction. He was on the Debaters TV reality show season 1, he presented 'You Can' on Radio Continental in 2011 and he did motivational segments on Galaxy TV from Dec 2008 to August 2009. Fola Daniel has authored at least 5 books including ‘Writing Business Proposals,’ ‘The Mentoring father’ and ‘Get up and hit that goal.’ He talked about Social Media on Info.com - An ICT Show on Lagos Television from August 2015 to late 2016. He’s a regular guest on some national tv platforms (including Channels TV and Television Continental) and a delight to their audience. He trained as a communications professional, works as a business consultant and was also trained at Lagos Business School in collaboration with Google as a Digital Business Manager. He is the President and CEO of the Edible Pen Group.