Swiych,
15 mins

S007: Top Ten Business Plan Mistakes – with Aderonke Awomolo

September 07, 2016
Business Plan Mistakes in Nigeria Aderonke Awomolo

S007: Top Ten Business Plan Mistakes – with Aderonke Awomolo

A business plan is a startup’s road map, necessary for keeping the enterprise on track. However, many entrepreneurs fail to learn how to write an error-free business plan. As a result, they fail to get the required assistance to succeed. In this podcast, Aderonke Awomolo, a leading business consultant in Nigeria, describes top ten business plan mistakes in Nigeria.

Episode Takeaway

In this episode, you will learn

  • about the top ten mistakes Nigerian entrepreneurs make when writing a business plan, and
  • how to avoid making them.

In our Last Episode

Our guest, Aderonke Awomolo, described what a business plan really is in our last episode. In addition, she went on to explain why writing one is so vital. But in this episode, she talks about top ten common business plan mistakes in Nigeria. As we all know, writing a business plan is a laborious activity; and you do not want small mistakes to mess up your hard work.

A Business Plan Full of Mistakes

Moreover, a business plan full of mistakes and discrepancies will only ease your plan’s journey to the trash bin. In most cases, it is the main reason why you have not heard back from the people you have sent it to. At other times, it is the only reason why you feel Investors were eager move on to the next pitch. This podcast helps you avoid all that.

Top Business Plan Mistakes in Nigeria with Aderonke Awomolo
You have worked too hard. Don't let small mistakes ruin your chances. (Photo Credit: guass.dvrlists.com)

Business Plan Mistakes in Nigeria

In addition to that, it is not much of a problem, as an entrepreneur in Nigeria and anywhere in the world for that matter, when you make mistakes. The main thing is that you learn from them and do not make them again. However, nothing can be more annoying than when you make news ones in the same context or on the same project or issue. It shows a lack of understanding of how things work in that case.

 

In Conclusion

Finally, Aderonke Awomolo addresses the basis upon which Entrepreneurs make all other common business plan mistakes in Nigeria. It is very important to understand this, as it prevents you from making new ones. LISTEN to Aderonke now.

Subscribe to Swiych

iTunes
Stitcher
RSS Feeds

About Swiych

Swiych is Podlobe’s interview based channel focused on bringing you entrepreneurs, business owners, and enthusiasts, whose experience you can learn from. Hosted by Samuel Adeoye (a.k.a Se7en), Swiych is a 10-15 minute weekly podcast show.



Today's Guest

Aderonke Awomolo is the lead trainer and business consultant at Sophamis Consult. She holds a diploma in Market Oriented Small Business Development from the International Training Centre of the International Labour Organization (ITC-ILO), Turin, Italy. She also worked with the past federal government on its grant programme called YOUWIN as a marker, content provider and facilitator. She currently teaches Economics and Entrepreneurship in the Nigerian Army School of Finance and administration.

Episode Takeaways

In this episode, you will learn

  • about the top ten mistakes Nigerian entrepreneurs make when writing a business plan, and
  • how to avoid making them.

Bonus Track

Bonus Tracks are short cuts (1 to 5 mins long) from our interview with guest that are not included in the main podcast. We find them useful, but cannot include them in the main podcast because of our show length policy.

HOW ADERONKE FARED IN OUR GAME SEGMENT

  • Thank you Pi, I cannot take all the credit for this. A team is behind every bit of this whole project and process. Any thing you think we can do even better?!

  • Whoa, we are grateful to God it can as such a time like this for you! Thank you Bolu. By the way, what did you like the most about this episode?

Scroll to top
Podlobe
Welcome home