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ENTREPRENEURSHIP
PAUL BABILA MBUA BENGYELLA
Founder / Executive Director of Zixtech Organization
Founder / Executive Director of Entrepreneurs Initiative
President Leadership Development Association
President 2017 JCI Limbe Atlantic
Chapter Director StartUp Grind Limbe If you are average, this ……………
UNEMPLOYMENT
10 million graduates churned out of the over
668 universities in Africa yearly do not get job
UNEMPLOYMENT RATE
IS HIGHEST OF ALL TIME
ENTREPRENEUR / STARTUP
- Taking Entrepreneurship as a
calling and your startup as a
place of Service
- ENTREPRENEURSHIP IS YOUR
MINISTRY
- Entrepreneurship is about
service and leadership.
- 80% of Startups DIE after 3-
5yrs
ENTREPRENEURSHIP: process of designing, launching and running a new business
The person who creates it is an ENTREPRENEUR
The new business : STARTUP
WHAT IS YOUR
MOTIVATION
WHATS YOUR GOAL
BE DIFFERENT
COMPARE INCOME
Monthly
Income
1 year 10 years 20 years
50,000Frs 600,000frs
(6 Hundred
thousand)
6,000,000frs
(6 Million)
12,000,000
(12 Million)
100,000frs 1,000,000frs
(1 Million)
10,000,000frs
(10 Million)
20,000,000frs
(20 Million)
500,000frs 5,000,000frs
(5 Million)
50,000,000frs
(50 Million)
100,000,000frs
(100 Million)
WHERE DO YOU STAND
THE JOURNEY
• HAVE IDEA - DEVELOP A PLAN
• MARKET RESEARCH - PROTOTYPE - FINANCE - PARTNERS - START
EXECUTION. GET TO ACTION,
NO PRAYER ANSWERS TO INACTION
NO MONEY BUSINESS DIES
• START WITH YOUR OWN MONEY: (Have a skill,
Work to raise money)
• FRIENDS and Family: (250 Contact RULE)
• PARTNERSHIP : Bring in partners to provide
strategic RESOURCES AND SKILLS, SHARED
office spaces,
• BUSINESS INCUBATORS AND ACCELERATORS
• CROWDFUNDING
PAYING CUSTOMERS
DRIVES YOUR BUSINESS
TO DO LIST
Prioritize
Organized
Know when to
Say “NO”
WRITE A DETAILLED DESCIPTION OF WHAT YOU DAILY
6AM – 12PM
E.G
6AM :
7AM :
8AM :
9AM :
WHERE MONEY GOES
• You wealth is a
sum total of all
the wealth of
your friends
divided by the
total number of
friends
* Number of days u can
live comfortably
without working
TECHNOLOGY
FACEBOOK
TWITTER
LINKEDIN
GOOGLE DRIVE,
ONE DRIVE
WHATSAPP
STEPS TO TAKE
• Problem you Solve (CREATE VALUE)
• Love what you do.
• Take baby steps.
• Learn from others
• Work on your Plan (Business Model/Plan)
• Build People & Build aTeam
• Take action - Execute
• Get the Word Out
• CREATING A NETWORK : (attend seminars/trainings
• PARTNERSHIPS
• Acquire SKILLS
REMEMBER THIS
• Identify the Right Business for You.
• Solve a Common Problem
• Planning (Short Term / Long term)
• Know Your Target Audience / MARKET RESEARCH
• KNOW FINANCE (Personal / Business)
• Build a Support Network
• THING U NEED TO START
• Those to work with you
• Go to Market.
STOP A B C SYNDROME
A – Accuse
B – Blame
C - Complain
TAKE RESPONSIBILITY
FOR YOUR LIFE
You have no Excuse
Get ONLINE
THANKS FOR YOUR ATTENTION

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Startups and entrepreneurship

  • 1. ENTREPRENEURSHIP PAUL BABILA MBUA BENGYELLA Founder / Executive Director of Zixtech Organization Founder / Executive Director of Entrepreneurs Initiative President Leadership Development Association President 2017 JCI Limbe Atlantic Chapter Director StartUp Grind Limbe If you are average, this ……………
  • 2. UNEMPLOYMENT 10 million graduates churned out of the over 668 universities in Africa yearly do not get job UNEMPLOYMENT RATE IS HIGHEST OF ALL TIME
  • 3. ENTREPRENEUR / STARTUP - Taking Entrepreneurship as a calling and your startup as a place of Service - ENTREPRENEURSHIP IS YOUR MINISTRY - Entrepreneurship is about service and leadership. - 80% of Startups DIE after 3- 5yrs ENTREPRENEURSHIP: process of designing, launching and running a new business The person who creates it is an ENTREPRENEUR The new business : STARTUP
  • 5.
  • 7. COMPARE INCOME Monthly Income 1 year 10 years 20 years 50,000Frs 600,000frs (6 Hundred thousand) 6,000,000frs (6 Million) 12,000,000 (12 Million) 100,000frs 1,000,000frs (1 Million) 10,000,000frs (10 Million) 20,000,000frs (20 Million) 500,000frs 5,000,000frs (5 Million) 50,000,000frs (50 Million) 100,000,000frs (100 Million)
  • 8. WHERE DO YOU STAND
  • 9.
  • 10. THE JOURNEY • HAVE IDEA - DEVELOP A PLAN • MARKET RESEARCH - PROTOTYPE - FINANCE - PARTNERS - START
  • 11.
  • 12.
  • 13. EXECUTION. GET TO ACTION, NO PRAYER ANSWERS TO INACTION
  • 14. NO MONEY BUSINESS DIES • START WITH YOUR OWN MONEY: (Have a skill, Work to raise money) • FRIENDS and Family: (250 Contact RULE) • PARTNERSHIP : Bring in partners to provide strategic RESOURCES AND SKILLS, SHARED office spaces, • BUSINESS INCUBATORS AND ACCELERATORS • CROWDFUNDING PAYING CUSTOMERS DRIVES YOUR BUSINESS
  • 16. Prioritize Organized Know when to Say “NO” WRITE A DETAILLED DESCIPTION OF WHAT YOU DAILY 6AM – 12PM E.G 6AM : 7AM : 8AM : 9AM :
  • 17. WHERE MONEY GOES • You wealth is a sum total of all the wealth of your friends divided by the total number of friends * Number of days u can live comfortably without working
  • 19. STEPS TO TAKE • Problem you Solve (CREATE VALUE) • Love what you do. • Take baby steps. • Learn from others • Work on your Plan (Business Model/Plan) • Build People & Build aTeam • Take action - Execute • Get the Word Out • CREATING A NETWORK : (attend seminars/trainings • PARTNERSHIPS • Acquire SKILLS
  • 20. REMEMBER THIS • Identify the Right Business for You. • Solve a Common Problem • Planning (Short Term / Long term) • Know Your Target Audience / MARKET RESEARCH • KNOW FINANCE (Personal / Business) • Build a Support Network • THING U NEED TO START • Those to work with you • Go to Market.
  • 21. STOP A B C SYNDROME A – Accuse B – Blame C - Complain TAKE RESPONSIBILITY FOR YOUR LIFE You have no Excuse Get ONLINE
  • 22. THANKS FOR YOUR ATTENTION