Opportunities abound and are readily available to those who have a growth mindset. Young Entrepreneurs must understand the need their products/services are designed to meet and the target customers who are willing to pay for it.
This and more was the crux of discussion for the Mentees in the Business Cohort of S.M.I.L.E’s Executive Mentoring Program for Youth (EMPY). Special thanks to Mr Femi Akinfolarin, Head of Strategy, Wema Bank Plc who shared great insights on the topic Scaling your Micro Business.
He further opened the minds of our mentees to the various stages of business growth, the importance of having a business plan and steps to scale their businesses.
One of the high points of this immensely impactful session was his charge to the mentees to identify and understand their Unique Value Proposition as well as the importance of knowing their numbers so they can be ready to pitch their ideas/businesses to prospective partners/investors which can be pivotal to their business growth.
Having exceptional Youth enthusiast, top professionals and facilitators who are always ready to give their time and share their experiences with our Youth is a blessing we do not take for granted.