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Call Me: +234 703 346 1426 (Mon - Sat)

Mail me: info@abrahamorukpe.com

Suite BA 11,Apo Spark-Light Mall, By Area 3 Junction Abuja. Nigeria

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Suite BA 11,Apo Spark-Light Mall, By Area 3 Junction Abuja. Nigeria
+234 703 346 1426
Tauralaukio g 4-33 klaipeda, Lithuania Europe
+370 608 50425

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Abraham Orukpe – Smile Planet

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POULTRY FARM BUSINESS AND MANAGEMENT STRATEGY IN NIGERIA

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TEF 2023 | How to Apply and Scale Through the 1st Stage | Tony Elumelu $5000 Grant

THE NINTH VERSION OF THE TONY ELUMELU FOUNDATION ENTREPRENEURSHIP PROGRAM (2023)

The Tony Elumelu Foundation (TEF), the leading philanthropic organisation empowering young African entrepreneurs in all 54 African countries, has opened applications for the TEF Entrepreneurship Programme 2023 on www.TEFConnect.net.

The Tony Elumelu Foundation Entrepreneurship Programme is a $100 million commitment by the Elumelu family to empower 10,000 African entrepreneurs through training, mentorship, and funding over a ten-year period. The objective is to generate at least 1 million jobs and over $10 billion for the African economy.

Through its Entrepreneurship Programme, the Foundation empowers African entrepreneurs and the ecosystem of entrepreneurship in 54 African nations. The TEF training curriculum has been designed to categorise entrepreneurs according to their demonstrated knowledge and capability.

THE APPLICATION FORM

The application form consists of four parts:

Personal information
Commercial information
Cognitive assessment
Declaration section

To ensure a transparent application process, all applicants will need to have a valid government issued ID and indicate their name on the application form on TEFConnect exactly as it appears on the ID card.

WHAT TO EXPECT FROM THE PROGRAMME?

The Entrepreneurship Programme identifies outstanding African entrepreneurs who have start-ups or business ideas with the potential to grow. The TEF Entrepreneurship Programme will be delivered in different phases as listed below:

(1) Application Phase

(2) Training &Mentorship Phase

(3) Business Plan Submission Phase

(4) Pitching Phase

(5) Seed Capital Phase

THE APPLICATION PHASE

This will take place from the January 1 to March 31 2023. Once applications are closed, eligible applicants will be given access to our World Class Business Training Programme.

Please read the following carefully.

The next two (2) sections contain Personality questions, Financial and Business Acumen Questions.

This is a timed assessment. You have 45mins to complete both sections.

It is recommended that you take the assessment in an environment with stable internet connection, free of distractions and with optimal concentration.

Note: You can only take this assessment once after you click start and you cannot Save & Continue

TEF 2023 | STEP-BY-STEP APPLICATION GUIDE | TONY ELUMELU FOUNDATION $5000 Grant

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HOW TO MAKE 2023 PRODUCTIVE AND PROFITABLE -6 WAYS TO MAKE IT

Set clear goals: Identify what you want to accomplish in 2023 and create specific, measurable, attainable, relevant, and time-bound (SMART) goals to help guide your efforts.

Make a plan: Break your goals down into smaller, actionable steps and create a plan to help you achieve them. This might include setting aside specific times for work, establishing a routine, and identifying any resources or support you may need.

Stay organized: Use tools like calendars, to-do lists, and productivity apps to help you stay on top of tasks and prioritize your efforts.

Stay focused: Avoid distractions and minimize multitasking to help you stay focused on the tasks at hand.

Take care of yourself: Make sure to prioritize self-care, including getting enough sleep, eating well, and exercising regularly. Taking care of your physical and mental health will help you stay energized and focused on your goals.

Learn and grow: Look for opportunities to learn new skills and improve upon your existing ones. This could involve taking a course or training, reading books or articles, or seeking out mentors or other supportive resources. By constantly learning and growing, you can stay up-to-date and competitive in your field.

HOW TO MAKE 2023 PRODUCTIVE AND PROFITABLE -6 WAYS TO MAKE IT

YouTube Video UCBVDFyFOr3VhyZrVhODmjLg_nxf_0jb00n0

LET'S QUICKLY RUN A SCAN ON YOUR BUSINESS USING THE FOLLOWING QUESTIONS ❓

(1) Do you have a clear monthly expenses budget for your business expenditure?

(2) Do you have a well-documented standard operating procedure (S.O.P) for all your products/services processes to enable you & your team to be more effective and productive?

(3) Can you boldly say your business sales target has been achieved monthly since 1st of January to date?

(4) When last did you take a minimum of 3 days off your business, knowing fully well that everything can work in your absence?

(5) Have you been able to make more than half of your business investment capital since you started your operation?

(6) Does your business currently have its own savings account where you save excess monthly profit gains or you are currently looking for where to either borrow money to inject into the business?

(7) Do you clearly know your business growth rate since January, how many new customers have you been able to attract & retain? How many old (existing) customers still patronize you and even give you constant referrals?

(8) Is your business able to generate sufficient revenue to cover your daily, weekly, monthly and quarterly operational expenses?

(9) Do you have a minimum of 2 to 3 years of business growth plan for your business or you are already mentally exhausted with all that is happening in your business right now?

(10) Are you planning to switch business lines because your current business model is making you look as if you don't know what you are doing, even though you were so sure before you invested in it?
If you answered "YES" or "NO" to these questions, then you need to quickly enrol for HOW TO STRUCTURE YOUR BUSINESS FOR MORE PROFIT training.

In this 3 weeks intensive training, I will be teaching practical steps and solutions to handle all your current business challenges.

This is only for people that are ready to structure their business for more profit.
Click on the link below to #register

HOW TO STRUCTURE YOUR BUSINESS FOR MORE PROFIT

YouTube Video UCBVDFyFOr3VhyZrVhODmjLg_XbpJ1-KAkMM

EUROPE RELOCATION FROM AFRICA is a general trend over the years which is due to a lot of factors facing the continent with a population of 1,406,148,171 as of Tuesday, July 19, 2022, based on the latest United Nations estimates and according to the forecast, Africa's total population would reach nearly 2.5 billion by 2050 with Nigeria, Ethiopia, and Egypt as the most populous countries. In the coming years, Africa would experience significant population growth and would nearly reach the Asian population by 2100.

Particularly, higher migratory flows into European destination nations are highly connected with rising unemployment, insecurity, human rights violations, ethnic tensions, political instability, increasing political persecution, and civil conflicts in Africa.

I have been privileged to visit over 9 countries within 8months in Europe and I can say life in Europe is a different ball game totally different from what many back home in Africa assume it to be and the system can crush anyone who is not prepared for it, by the way, how can you prepare for what you have no full insight and understanding of?

In this video from my experience in visiting more than 9 countries, I will be sharing 7 things you need to know and do before you activate your Europe relocation plan from Africa, have met a lot of Africans who are trapped in Europe confused, frustrated and have lost touch with the true meaning of life, of which some of them were doing quite well back home in African before relocation.

I did this video for you currently planning to quit your job, sell off your belongings or take a loan to finance your relocation plans to Europe.

EUROPE RELOCATION FROM AFRICA 7 THINGS YOU NEED TO KNOW & DO

YouTube Video UCBVDFyFOr3VhyZrVhODmjLg_yPrhhVL-NOI

HOW TO USE INTERNAL CONTROL TO GROW YOUR BUSINESS in Nigeria,

As a business owner do you feel your staff are stealing meaning from the business, are you daily getting frustrated with your books (financial records) or you have lost track of what is your daily expenses, income and other operational costs and everything is happening so fast to the extent you are getting very confused.

You must understand that all businesses, whether corporations or SMEs, require internal control over their finances to maintain legal compliance and sustainable development within their niche market of which your business is not different, Internal controls, processes, and systems are crucial to ensure your businesses transactions and process is done inline with proper procedures legally and responsibly.

All you need is a proper well structured internal control system and in this Business clinic session with Abraham Orukpe, I will be sharing more insight into how best you can you Internal control to effectively and effeincenly operate and grow your business.

Therefore, three essential questions must be asked to define this scope of action:

(1) Which aspect do you want to cover within the internal control framework?

(2) Which activities (processes) are concerned?

(3) What are the families of risks that internal control will help reduce?

What is internal control you may be wondering to ask me?

Internal controls are simply the technique, rules, and procedures you as a business owner implement in order to ensure the integrity of financial transactions and accounting information, promote accountability, and prevent fraud in your business Besides complying with laws and regulations and preventing employees from stealing assets or committing fraud, internal controls can help improve operational efficiency by improving the accuracy and timeliness of financial reporting.

Here is some key aspect internal control will address in your business and some of the practical aspects it will cover for you, internal control system consists of the formal policies and procedures that do the following:

(a) ensure assets are properly used

(b) ensure that the accounting system is functioning properly

(c) monitor operations of the organization to ensure maximum efficiency

(d) ensure that assets are kept secure

(e) ensure that employees are in compliance with corporate policies

A properly designed and functioning internal control system will not eliminate the risk of loss, but it will reduce the risk.

HOW TO USE INTERNAL CONTROL TO GROW YOUR BUSINESS IN NIGERIA

YouTube Video UCBVDFyFOr3VhyZrVhODmjLg_OJjGe8LLPFE

Customer Retention Strategies -7 Tips To Increase Lifetime Value. In this session of business clinic i will be sharing more insight into 7 handson key strategies of how to increase your customer retention in your business.

In the context of relationship marketing, "customer retention" refers to the act of encouraging a company's already-existing customers to continue purchasing the business's products and services. It is distinct from the creation of leads or the acquisition of customers due to the fact that the customers has previously been converted at least once.

You may have heard that retaining customers is simpler and less costly than acquiring new ones. This is a true statement. The most current data point to the fact that this statement is accurate. One benefit is that your costs for maintaining existing customers will be cut down by your five times spending to acquire new once.

In addition, the likelihood of making a sale to an established customer is, at the very least, forty percent higher than the likelihood of making a sale to someone who has never purchased anything from you in the past.

Existing customers spend 31% more than new leads, and they're 50% more likely to try a new product or service from you.

What you sell has a significant bearing on the approach that you should be focusing on. A shop that sells tea and coffee is going to be quite different from a business that specializes in high-end leather furnishings.

Customer Retention Strategies -7 Tips To Increase Lifetime Value in business

YouTube Video UCBVDFyFOr3VhyZrVhODmjLg_ZHl3Cwq39nI

POULTRY FARM HEAT STRESS MANAGEMENT IN NIGERIA . When the weather is hot, it is very vital to minimize the effects of heat stress in your poultry farm in order to avoid financial consequences. In this session I will be sharing with you the HOW, WHERE & WHEN in HEAT STRESS MANAGEMENT the steps that are both extremely easy to follow and quite effective are demonstrated.

In the month of March 2022, we lost more than 150 of our laying chickens due to heat and hot weather 🌡️ conditions. Which really affected our egg 🥚 production and supply chain.

Heat Stress can drastically reduce your Layer Bird's productivity. Here we provide some helpful tips on how best to minimise the effects of Heat Stress on your Layers.

In poultry farm business you must be proactive and reactive when it comes to your daily core business objective.

Here is one of our proactive measures (steps) that save us and it was a major game-changer for us which automatically put our business back to track.

As a business owner In poultry farming or any other form of life stock business (farming), you must be proactive rather than being just reactive.

Business is about managing risk through strategic management to ensure the available limited

👉 Human Resources

👉 Financial Resources

👉 Material Resource

are daily carefully disturbed to meet the business core objectives in line with its set vision & mission statement in order to maximize profits, increase sales and reduce overhead expenses.

#poultry #podcast #abrahamorukpe #poultryfarming #layers

POULTRY FARM HEAT STRESS MANAGEMENT IN NIGERIA

YouTube Video UCBVDFyFOr3VhyZrVhODmjLg_FZYzn1YMUm0

TEF ELEVATOR PITCH VIDEO UPLOAD AND FINANCIAL REPORTING RECAP

During this session, I will be focusing on the two most important aspects of your business: (1) your ELEVATOR PITCH, and (2) your FINANCIAL REPORTING. We will explore the question, "What exactly is an Elevator Pitch?" It is a brief and persuasive speech that you make to stimulate people's interest in what it is that your business does, A successful elevator pitch should only take up the time of a short journey in an elevator, which is often between 20 and 30 seconds, but in TEF, you are required to make it last between two and three minutes.

A concise overview of a concept, product, or business that may be comprehended in a short amount of time is called a "elevator pitch." This explains not just who the item is for but also what it accomplishes, why it is necessary, and how it should be completed.

While The practice of recording and discussing a business's performance operations and performance across certain time periods, most often on a quarterly or annual basis, is referred to as financial reporting. On the other side, financial reporting is the process of creating statements that reveal your financial performance of the business to management, investors, and the government. This information is provided by your business.

Financial reports are also vital in the projections of future profitability, industry position, and development; also, many financial reports are open for examination by the general public. When reporting financial data, there are many major statements that should be used, and the information that you provide in these papers should serve several fundamental purposes of financial reporting, including the following:

(1) Tracking cash flow
(2) Evaluating assets and liabilities
(3) Analyzing shareholder equity
(4) Measuring profitability

The following documents make up the primary records of a company's financial activities:

Types of financial reports:

BALANCE SHEET

A balance sheet is a financial statement that details an organization's total assets, liabilities, and equity at a given point in time. A quick examination of the balance sheet will show you the total assets, after deducting the equity and the liabilities from those totals.

INCOME STATEMENT:
If a business intends to list its shares on a stock market, an income statement will detail the effectiveness of the business in terms of sales, net income, costs, and profits per capital share. Some businesses may refer to the income statement as the profit-and-loss statement, while others will refer to it simply as the P&L statement. Both names relate to the same document, which is the income statement.

CASH FLOW STATEMENT:
The statement of cash flows is an essential tool for determining how effectively a company is able to produce cash flow to satisfy its financial obligations. The cash flow statement is another important tool that investors may use to get useful information about whether or not a company provides a greater investment risk. In contrast to the balance sheet and income statement, which both need certain computations in order to accurately record monetary values, the cash flow statement generally consists of the following four components:

(1) Operational activities
(2) Primary investment activities
(3) Secondary investment activities
(4) Financing activities

STATEMENT OF SHAREHOLDER EQUITY:
This function is served by the statement of shareholder equity, which provides information on the sums that important stakeholders and owners have invested in a firm. These investments consist of firm stocks and other assets, some of which are entitled to dividend payments at certain intervals.

And here is where the Tony Elumelu Foundation (TEF) comes into the picture with their laudable initiative to annually finance and assist Micro, Small, and Medium Enterprises (MSMEs) in Africa with $5,000.

This video is realistically and particularly made for you, as well as for everyone else who is currently going through the application process for this year (2022). If you do not have a laptop, but you want to finish your Financial Reporting on your phone and submit it early, then this video is for you. It is also made for everyone else who is going through the application process for this year.

Good Luck my dear friends.

#empoweredbytef #abrahamorukpe #TEF #TheTonyElumeluFoundation

THE TEF 2022 ELEVATOR PITCH VIDEO UPLOAD AND FINANCIAL REPORTING RECAP

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