YOUWIN Stage 2 Questions and Answers
Type of business
- Is this a proposal for a new or existing business?
- New business
- Existing business
Description of business
- Describe your business. Include a detailed description of your products and/or services.
- I am involved in the manufacturing of building concrete, bricks and blocks for masonry, builders association, housing consultant, development agencies, construction workers etc.
- We make block of uniform quality and sell them at a price high enough to cover costs and make a reasonable profit.
- Cement concrete blocks are modern construction materials and as such are use in all the construction viz: residential, commercial, and industrial building construction
Read more SAMPLE RESTAURANT BUSINESS PLAN FOR YOUWIN 2
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- What needs or problems have you identified that your products/clients services will solve? How are you solving these needs or problems?
- – Solid concrete block making solve the problem of building houses that is shelter in the society. This need is one of the major needs of human being. Irrespective of the level of income, people strive to have houses of their own. So blocks and bricks are always in high demand.
- – We provide blocks to build houses for human beings
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- Why did you choose this line of business?
- I have a great passion for this line of business as my father is a veteran in the industry and I have been involved since child hood.
- I have seen a great need for quality block production in the industry and I decided to be producing it.
- I also believe it will help to reduce unemployment as the industry employs so many people.
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- What are your business objectives? What do you hope to achieve with your business in 5 years?
- – To become the leading provider of concrete block and services in Ibadan.
- – This means always having the best and most efficient facilities, process and people.
- – To be the No1 solid block producing company in Ibadan, Oyo state
- – To have expanded to 3 other locations and have employed 250 people
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Innovation
- Which statement best fits your product / service? Please select one from below:
- There is nothing original about my product / service.
- My product /service is a new version of an existing product / service.
- There has never been a product / service like this before.
Provide an explanation for your answer above.
Most people in the industry produce an average of 50 9” blocks from one bag of cement which makes block not to be strong enough for building construction and which consequently leads to building collapse
My innovation is to produce 36 solid brocks from a cement which makes it last long.
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Market analysis and marketing plan
Who are the customers that will buy your products and/or services?
My customers are building contractors,general contractors, concrete subcontractors, builders association, housing consultant, development agencies, construction workers, civil engineers, architect, land lords and individuals.
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Briefly describe the different types or segments of customers that you will have.
– Individuals building houses
– Government contractors
– Building contractors
– Civil engineers
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What makes each type of customer important to your business (for example, is it a large segment, or one that is growing rapidly or another reason?)
– Individuals building houses- this segment is the largest as people desire to own their own house.
– Government contractors- this segment is growing rapidly as government award construction contracts concurrently with each administration
– Building contractors- they growing segment
– Civil engineers- growing segment
To access the remaining Questions and sample answers that has won youwin before
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Serial Entrepreneur - International Business Planning and Development Consultant - Speaker - Trainer - Author - Blogger - Network Marketing professional.
- 2020 Doctorate of Business Administration (DBA) in View.
- 2020 SMEDAN Certified Business Development Service Provider in Conjunction with EDC, PAU.
- 2020 Alumni, Special Executive Master's Programe (SEMP) in Business Administration, Metropolitan School of Business and Management, United Kingdom UK (MSBM).
- 2020 Mentor, Teach For Nigeria
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- 2020 Covener, Youth Empowerment Virtual Summit
- 2018-2019 SME Business Trainer and Coaching Advisor at GIZ (Deutsche Gesellschaft für Internationale Zusammenarbeit) GERMAN CORPORATION for SME Loop.
- 2018 Executive Director/ Project Manager, Dayo Adetiloye Empowerment and Development Initiative
- 2018 YALI RLC Online Cohort 9
- 2017 Fellow, Inspire Africa Train-the-Trainer Entrepreneurship programme sponsored by US Consulate Lagos and the Dickey Center, U.S.A.
- 2016 Fellow, Tony Elumelu Foundation Entrepreneurship Programme
- 2016 CEO, Dayo Adetiloye Business Hub
- 2015 Top 50 Innovative Entrepreneurs, BET5 by Diamond Bank and EDC, PAU.
- 2013 Masters Of Business Administration (MBA) OAU, Ile Ife.
- 2010 B Agriculture (Soil Science) OAU, Ile Ife.
He is an alumnus of Enterprise Development Centre (EDC) of the Lagos Business School (LBS), Pan-Atlantic University (PAU). And Obafemi Awolowo University (OAU) Ile-Ife, Nigeria.
Through his training, mentoring, speaking and coaching programmes, he has empowered many young people over the years to start and grow their own business, build wealth, create multiple streams of income and achieve financial independence.
- He is a Certified Trainer in Design Thinking by the U.S Consulate, Lagos and the inspire Africa Entrepreneurship Institute.
- Consulted for more than 5000 MSMEs in the last 8 years in various industry including Agro-processing, Consulting, Training and Education, Financial Services, Waste Management, Renewable Energy, Oil and Gas, Construction, Real Estate, FMCG, Digital Marketing, Personal Branding etc.
- FREE 250,000 FG/CAC BUSINESS NAMES REGISTRATION FOR MSMEs Is Now Opened - October 19, 2020
- How to Prepare, Apply and Win 2021 Tony Elumelu Foundation $5000 Grant in Africa. - October 15, 2020
- All You need to know about NIGERIA YOUTH INVESTMENT FUND PRODUCT PROGRAM - October 13, 2020
priority research
provide to better proposal for business and development.Thanks
Abah Anthony
Interesting my mentor. With God all things are possible. It is worth while to have a good business plan in fact an elaborate one.
ambakederemo joseph
im a pgd student on management, I want to start a block manufacturing business, I need update as regular as possible please
Dayo Adetiloye
Ok. Joseph.You can give me a call 08060779290.
cletus
please i need a business plan of block making industry
Dayo Adetiloye
call me or send me sms on 08060779290
Daniel Benno Msangya
hi Dayo! you’re doing a great job. just a short question – how much does it cost to write a proposal and how long it takes you to complete and submit to the donor?
abubakar jega
I want to write a blocks and interlocks business proposal and submit it to the person that will give the funding before May 3rd, i need your help
Dayo Adetiloye
Call me on 08060779290. We have a template you can edit on your own
Doris Myers
Dear Sir. Dayo
My name is Doris Myers and I am from Liberia.
I am so passionate about making a blocks business but I have been having trouble writing the business plan. The samples are great but I would love a detail including budget sample. Thanks
Dayo Adetiloye
Call me on 08060779290