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Entrepreneurship

Business Enterprise Training for Access to Finance

Business Enterprise Training (BET) is an initiative of Lead Resources to educate entrepreneurs about financial analysis, digital business models and the digital economy while giving them the leverage they need for access to finance. It is targeted at entrepreneurs with a drive to start or scale up their businesses.

Business Enterprise Training: Introductory Class

For entrepreneurs to access loans from institutions such as the Central Bank of Nigeria (CBN), it is legally required that they are trained by a recognized Entrepreneurship Development Institution (EDI) such as Lead Resources. The mission of BET is to raise functional entrepreneurs who can start and/or scale their businesses by accessing small interest loans from financial organizations to achieve their business goals.

Business Enterprise Training: Blended Training

Last week, Lead Resources held her first BET for the year 2021. Associate Solutions Architect (ASA) Adetoyese Oyedunmade (Team Lead, BET Team) coordinated this cohort, and she was ably assisted by ASA Itua Emmanuel and ASA Francis Edobor. The training held for 2 days (4th and 5th March 2021).

Business Enterprise Training: Blended Training

As is the norm, the last cohort of BET was a blended training, that is, part online and part offline. Every participant was required to take some basic online courses here, and present the required certificates from the undertaken courses. Subsequently, the offline training held at the head office of Lead Resources, Abeokuta, Ogun state.

Business Enterprise Trainer: Mr. Olufemi Johnson

On the first day of the offline training (4th March 2021), Mr Olufemi Johnson, the designated trainer of this cohort, taught the BET participants on Organizational Structure, Digital Business Models, Financial Planning, Marketing, etc. These topics were treated as independent, interconnected courses. The training, seeing as it was one filled with experienced businessmen, was more practical than theoretical. This first class lasted for 4 hours.

Business Enterprise Training: Student Engagement

On the second day of the offline training, Mr Olufemi Johnson did a recap of all he taught in the previous class. He delved deeper into topics such as Business Plan Compilation and Executive Summary and ended with the crux of the convergence – Introduction to the NIRSAL Platform and Simplified Online Credit Business Plan Questionnaire. The participants were taught how to successfully access loans from NIRSAL and other financial organizations to start and/or scale their businesses. This second class lasted for 4 hours.

Business Enterprise Training: Student Engagement

Afterwards, certificates were awarded to the BET participants, and feedback was received for better execution. The participants have gone on to apply their knowledge, and gain access to finance the right way.

Are you interested in finance to start and/or scale your business? Let Lead Resources give you the knowledge that gives you the leverage. Start by clicking here.

AUTHOR

Tomiwa Babajide is an Associate Solutions Architect at LEAD Resources, a charismatic administrator, an SDGs advocate, a creative writer and a graduate of Microbiology. She is adept in transdisciplinarity, novel and adaptive thinking and virtual collaboration. She is zealous to provide real-time solutions to challenges in the polity. She loves to eat crackers and drink yoghurt, and she can pray and go on road-trips for Africa.

Categories
Management Consulting Sports

Leaving a Legacy

The whole world was shocked by the news of the death of Diego Maradona. Condolences and goodwill messages poured in from various parts of the world in solidarity with the family. At this point, the beauty of the world of football was revealed again as factors like nationality, race or religion didn’t matter – everyone mourned the loss of Diego Maradona.

If you read the biography of Diego Maradona, you will get a sense of the many achievements and successes he attained. His achievements are so numerous that you may nearly miss the fact that he struggled with drug and alcohol addictions. Despite the challenges he faced, he was always determined to pick himself up and he continued to strive for excellence. Diego Maradona won’t be forgotten by the people of Argentina and the various clubs he played for because of the countless trophies he won with and for them. His legacy lives on. 

You do not have to be a skilled footballer like Diego Maradona to leave a legacy. Leaving a legacy encompasses positively impacting the people around you, making a difference in their lives and leaving a lasting footprint.  

When I was in Junior Secondary School, I could not conceive the thought of becoming a school prefect. Why? It had never happened before in the history of the school that a school prefect would be chosen from the Junior Classes. However, I was about to be shocked…

I can never forget this day: We were gathered for morning assembly, and this day would be different because the prefects for the new academic session were going to be announced. Suddenly, my name was called, and there I was, shocked to my bones. I couldn’t understand what was going on because I was a Junior Secondary School student, and it was unheard of for a Junior Secondary School student to become a school prefect.

The fact that the school made that decision made me realize that the little things I had been doing since my admission into Secondary School had an impact on both the students and the teachers of the school. My reality helped other students to believe that the “unthinkable” was indeed thinkable and doable. In Senior Secondary School class 3 (SS3), I eventually became the Senior Prefect.  

You too can leave a legacy. According to Joan Moran, here are some tips for leaving a great legacy:

  1. Reflect and decide what’s important in your life. 
  2. Support the people and causes important to you. 
  3. Pursue your passions because they are infectious. 
  4. Share your blessings with others. 
  5. Be a mentor to others. 

At LEAD Resources, we provide mentorship and consultancy through multiple programmes such as Career Pathways, Digital Economy Emerging Manager’s Programme, Mainstream Successor Generation, etc. Regardless of your age band, financial capacity and caste, we have a programme tailored to making you a better person and leaving a lasting legacy. If interested, contact us here.

AUTHOR

Edobor Francis is an Associate Solutions Architect of Lead Resources. He is a graduate of Accounting. He is also a Sports Enthusiast, so when he’s not working, you can find him on a football pitch.