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How to Start Successful Business
Ibrahim Elwishahi
https://talent-link.blogspot.com/
Business Idea
 Something that people would
buy if only they knew about it.
 Customer Needs / Experience?
1
 Customer Need
It’s not about your idea or product, it’s about
solving a need of your costumer
 Constrains
Law – Society – Budget
 Expandable
Can you expand your investment in the
future?
Business Idea
2
Selection Criteria
Payback Period
The period required to recover the
initial project investment.
Break even Point
The point at which total revenue
equals total expenses.
Time Value of Money
Money received now has more
value than the same amount
received in future based on
inflation value. NPV
Return on Investment - ROI
It is a financial ratio that uses
net profit from an investment as
a measure for project selection.
ROI = Income / Investment
3
Customer
Needs
Market
Segments
Competitors
Identifying the data
needed both to
validate the need for
what you are
proposing and to
decide upon the best
start-up or growth
strategy.
Market
Research
Market Research
You will not be able to take the right decision until you have the right information
3
Red Ocean – Blue Ocean
12
Competitive Advantage Innovation
Business Plan
A business plan is a written
document that describes your
business, how you will start, run
and control it.
4
8
Business plan Components
Provides an outline of the
company’s structure, human
resource requirements
Management Plan
Provides an overview of the company’s
physical requirements, such as office
space, machinery, labor, supplies,
and inventory.
Operating Plan
Details the target market analyzed
the existing market to determine if
there is demand of business
Market Analysis and Competition
Describe the product / service
you will introduce and how you
shall introduce it
Product / Service description
Details how the company plans to sell
its products to the target market. the
channels it will use to sell its goods
and services.
Sales and Marketing Plan
It demonstrates that the proposed
business is viable and will return
enough revenues to be able to meet
its financial obligations.
Financial Plan
5
Business Model Canvas
SWOT Analysis
 Strength  Weakness  Opportunities
 Threats
6
Marketing
Difference between
Marketing
Sales
includes research (identifying
needs of the customer),
development of products
(producing innovative products)
and promoting the product
(through advertisements) and
create awareness about the
product among the consumers.
Once the product is out in the
market, it is the task of the sales
person to persuade the
customer to buy the product
10
Situational Analysis (SWOC)
Marketing Objective
Marketing Strategies
Budgeting & Implementation
The Major sections of Marketing Plan are
Introduction
Marketing Plan
11
• Product: variety, quality, design, features, brand name,
packaging
• Price: price list, discounts, allowance, payment period, credit
terms
• Place: channels, coverage, locations, inventory,
transportation, logistics
• Promotion: advertising, personal selling, sales promotion,
public relations
Marketing Mix (4P’s)
Branding
 A brand is an intangible marketing or business
concept that helps people identify a company,
product, Service or individual.
 It is the position of your company in the mind of
the customer
 The company's reputation in the market and what
customers say about it
7
8
9
Assets
Cash, Accounts Receivable, Inventory,
Land, Equipment
Liabilities
Wages, Accounts Payable, Short Term
Borrows
Equity
Equity = Assets - Liabilities
Financial Terms
13
The sources of your business
investment includes, Saving,
Venture Capital, Loans, Crowd
Funding, Family and friends,
Incubators, Accelerators
All investments you need, before
you start. In practice, these are
all expenses in the first month of
your business
Expected revenues and
expenses of your busines
Strategies that you will follow to
exist your business like Merge or
Acquisition
18
Financial Part Components
Funding
Sources
Capital
Requirements
Income
Statement
( P&L)
Exit Strategy
14
Fund Raising
Incubator
Accelerator
Help startups at the beginning of their
business
Invest in startups on a long term basis,
spending time and resources
- StartEgypt
- TIEC
- Cairo - University
- Injaz Egypt
- Gesr
- AUC Venture lab
- Flat6labs
- FALAK
- FinTech Cairo
- Total
- 500 Startups
15
16
1- Seed Round 100,000$ -1,000,000$
2-Series A 3,000,000$- 7,000,000$
3- Series B 8,000,000$- 50,000,0000$
Mawdoo3 has raised $13.5 million in Series B
investment, the startup announced earlier
4- Series C
In series C, companies might move the work
they’ve been doing in series B toward
international markets
Rounds of Investment
Success
17
Training and Self development
Communication and Relations
Will & Determination
21
3
4
2
1
1
2
3
4
Building something nobody wants
Avoid
Hiring poorly
Lack of Focus
Fail to execute sales and marketing
18
Thank You
18

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HOW TO BUILD SUCCESSFUL BUSINESS

  • 1. How to Start Successful Business Ibrahim Elwishahi https://talent-link.blogspot.com/
  • 2. Business Idea  Something that people would buy if only they knew about it.  Customer Needs / Experience? 1
  • 3.  Customer Need It’s not about your idea or product, it’s about solving a need of your costumer  Constrains Law – Society – Budget  Expandable Can you expand your investment in the future? Business Idea 2
  • 4. Selection Criteria Payback Period The period required to recover the initial project investment. Break even Point The point at which total revenue equals total expenses. Time Value of Money Money received now has more value than the same amount received in future based on inflation value. NPV Return on Investment - ROI It is a financial ratio that uses net profit from an investment as a measure for project selection. ROI = Income / Investment 3
  • 5. Customer Needs Market Segments Competitors Identifying the data needed both to validate the need for what you are proposing and to decide upon the best start-up or growth strategy. Market Research Market Research You will not be able to take the right decision until you have the right information 3
  • 6. Red Ocean – Blue Ocean 12 Competitive Advantage Innovation
  • 7. Business Plan A business plan is a written document that describes your business, how you will start, run and control it. 4
  • 8. 8 Business plan Components Provides an outline of the company’s structure, human resource requirements Management Plan Provides an overview of the company’s physical requirements, such as office space, machinery, labor, supplies, and inventory. Operating Plan Details the target market analyzed the existing market to determine if there is demand of business Market Analysis and Competition Describe the product / service you will introduce and how you shall introduce it Product / Service description Details how the company plans to sell its products to the target market. the channels it will use to sell its goods and services. Sales and Marketing Plan It demonstrates that the proposed business is viable and will return enough revenues to be able to meet its financial obligations. Financial Plan 5
  • 10. SWOT Analysis  Strength  Weakness  Opportunities  Threats 6
  • 11. Marketing Difference between Marketing Sales includes research (identifying needs of the customer), development of products (producing innovative products) and promoting the product (through advertisements) and create awareness about the product among the consumers. Once the product is out in the market, it is the task of the sales person to persuade the customer to buy the product 10
  • 12. Situational Analysis (SWOC) Marketing Objective Marketing Strategies Budgeting & Implementation The Major sections of Marketing Plan are Introduction Marketing Plan 11
  • 13. • Product: variety, quality, design, features, brand name, packaging • Price: price list, discounts, allowance, payment period, credit terms • Place: channels, coverage, locations, inventory, transportation, logistics • Promotion: advertising, personal selling, sales promotion, public relations Marketing Mix (4P’s)
  • 14. Branding  A brand is an intangible marketing or business concept that helps people identify a company, product, Service or individual.  It is the position of your company in the mind of the customer  The company's reputation in the market and what customers say about it 7
  • 15. 8
  • 16. 9
  • 17. Assets Cash, Accounts Receivable, Inventory, Land, Equipment Liabilities Wages, Accounts Payable, Short Term Borrows Equity Equity = Assets - Liabilities Financial Terms 13
  • 18. The sources of your business investment includes, Saving, Venture Capital, Loans, Crowd Funding, Family and friends, Incubators, Accelerators All investments you need, before you start. In practice, these are all expenses in the first month of your business Expected revenues and expenses of your busines Strategies that you will follow to exist your business like Merge or Acquisition 18 Financial Part Components Funding Sources Capital Requirements Income Statement ( P&L) Exit Strategy 14
  • 19. Fund Raising Incubator Accelerator Help startups at the beginning of their business Invest in startups on a long term basis, spending time and resources - StartEgypt - TIEC - Cairo - University - Injaz Egypt - Gesr - AUC Venture lab - Flat6labs - FALAK - FinTech Cairo - Total - 500 Startups 15
  • 20. 16 1- Seed Round 100,000$ -1,000,000$ 2-Series A 3,000,000$- 7,000,000$ 3- Series B 8,000,000$- 50,000,0000$ Mawdoo3 has raised $13.5 million in Series B investment, the startup announced earlier 4- Series C In series C, companies might move the work they’ve been doing in series B toward international markets Rounds of Investment
  • 21. Success 17 Training and Self development Communication and Relations Will & Determination 21
  • 22. 3 4 2 1 1 2 3 4 Building something nobody wants Avoid Hiring poorly Lack of Focus Fail to execute sales and marketing 18