Whether you need to learn or develop business skills, how to network and collaborate, manage relationships with customers and suppliers, consider environmental and cultural influences, this FREE ‘Peer Training Guide for Young Entrepreneurs’ will support your business journey from where you are now, to where you need to be.
This guide is suitable for use by new micro start-ups in Nigeria, across Sub-Saharan Africa, in similar regions in the Global South and other parts of the world.
Suggested use of guide
A minimum training period of six months is recommended. The training activities can be organised online or at a physical location.
| Activity | Timeline |
|---|---|
| Convene a group of new entrepreneurial peers | |
| Schedule two dates e.g. first and third week of each month | |
| Individual study of agreed topic – watch course video and read content to learn and understand the entrepreneurial concepts and practices | First week of each month |
| Complete practical tasks and implement ideas to own business | |
| Meet with peer group for discussion of topic, support, feedback, and accountability | Third week of the month |
| (optional) Organise panel event to practise business pitches | Month 7 |
- Month 1 - Starting Strong in Business: Who is an Entrepreneur?This month’s focus is on YOU and requires some in-depth reflection on your skills, values, characteristics, experiences, and ambitions from the past to the present. It comprises of questions and exercises that will help you to map out your past and future journeys as a small business owner.
- Month 2 - Building Your Business Empire: A Guide to Project ManagementWhen starting a business, there are some key steps and strategies that first-time entrepreneurs need to understand in project management, such as market analysis, venture risks, and business forecasts. By following these steps and implementing these strategies, entrepreneurs will be able to make informed decisions and increase the chances of success for their business.
- Month 3 - Mastering the Launch: Venture Planning and GrowthStarting a new business venture can be an exciting and challenging journey. With proper planning, building and growth strategies in place, the chances of success are greatly increased. This month, the aim is to guide young entrepreneurs in the art of venture planning and building.
- Month 4 - Understanding Customer Relationships: From Awareness to LoyaltyThe modern business world revolves around the customer, and it's crucial to understand who they are and how they can impact your success. A customer is anyone who purchases a product or service from a business.
- Month 5 - Reach More, Sell More: A Blueprint for Effective Marketing and SalesMarketing and Sales are two critical components for any small business. They are crucial in attracting new customers and retaining existing ones, which in turn results in increased revenue and growth for the business.
- Month 6 - Pitching and Networking: Increase Connections and FinancesIn the world of entrepreneurship, two of the most important skills that a business owner must possess are the ability to pitch their ideas effectively and the art of networking. These two skills play a crucial role in the growth of a business.