Kindly advice on a slogan for the Give back initiative .e.

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1. The more your buy, the More we give
2. You buy from us, we give to them

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Enabling Businesses with Proven Best Practices
 Introducing the GBI
The Give Back Initiative is
championed by Business Minds
a For-Profit Social Enterprise
with a mission of “Enabling
Business with Proven Best
Practices” and contributing to
social causes through innovative
and sustainable entrepreneurial
The Give Back Initiative
Brings CSR to the core of our
Initiatives.
company mission
Our Give Back Initiative through the for-profit social Enterprise model
will drive corporate effectiveness because of our highly competitive
environment and limited resources, Babajide Ipaye, Founder
 The Nigerian SME Challenge
• Business Mind did some research to find out why businesses fail often in Nigeria and we came
across these alarming statistics
MEAN SCORE FOR PROBLEMS FACED BY NIGERIAN ENTREPRENEURS According to a Standford University Research, 9
(5=very serious problem, 4=serious problem, 3=problem, 2=minor problem, 1 out of 10 new businesses fail in their first
=not a problem) year…Usually due to lack of Business training
Problems Mean Std.Dev. and undercapitalization
1. Unreliable and undependable employees 3.87 1.27
2. Too much competition 3.26 1.15 For those who manage to cross the one year
3. Obtaining short-term financial capital 3.20 1.24
4. Obtaining long-term financial capital 3.14 1.37 death sentence greater challenges lie ahead:
5. Too much government regulation/bureaucracy 3.26 1.32
6. Limited parking 2.79 1.20
7. Unsafe location 3.39 1.30
8. Weak economy 3.71 1.24 Nigerian Enterprise
9. Lack of management training 3.30 1.29 Characteristics
10. Lack of marketing training 3.16 1.23 Types of ownership
11. Inability to maintain accurate, info. Accounting records 3.27 1.32
12. Complex and confusing tax structure 3.13 1.24 Established by Founder 70%
13. Business registration process 2.70 1.35 Bought from another 8%
14. Foreign exchange limitations 2.72 1.37 Inherited 2%
15. Poor roads/transportation 3.11 1.48
16. Electricity problems 3.39 1.63
Average Lifespan of business in Nigeria is
8.4yrs

Source: International Journal of Business Research, March, 2008- An empirical study of Nigerian entrepreneurs
•The information above basically interpretes that if these businesses do manage to survive the first year, most of them do
not exist beyond the founder and beyond 8.4years

•Based on USAID'S best estimates as much as 87 percent of all firms operating in Nigeria are in the SME category and these
are the most affected by these challenges.
 Our Solution to the Challenges
• We all know these small businesses are the critical engines of economic growth and
job creation. The best ways to increase prosperity in our Nation is to find ways to
further support their development and success.

• Our vision at Business Minds is to positively impact at least 200,000 enterprises by

2014 by drastically reducing the failure rates of these startups and increase their life
expectancy of by at least 50%.

• We intend to achieve these goals by offering the following products and services:
1. Trainings, Workshops , Annual Summits and Special Projects
2. Online Resource and Information Services: (www.entrepreneursconverge.com)
3. Mentoring,Coaching and Consultancy Services
 Benefits of your organization
Participation
We provide your organisation leverage through our various programs reaching out and
developing Nigerian businesses and Communities. Highlights of Benefits are:

• The quickest way to get to an entire organisation is to start from the TOP- partnering
with us on this initiative guarantees the ability to deal directly with business owners
and entrepreneurs (access to this database will be provided for business leads
conversion purposes)

• Marketing and Branding for your company - Our multimedia messaging platform
for marketing these initiatives will also be reaching out to close to 30 million people
within the target group via TV, radio, newspaper adverts, online adverts, Social
Networking sites, SMS and other partnerships.

• Intelligence Gathering - Competitive and Market data gathered around competing

Products/Consumer Research during filling out polls/feedback /registration
/membership forms, current challenges of business owners and how to fill those
needs… buyer preferences..

• Thought Leader - Chance to be part of and benefit from associating and aligning
with initiatives aimed at empowering the Nigerian Business and Communities
 Give Back Initiative – How it works
Fuel
Training/Consulting
Raw materials
Office Supplies/Consumables
Rather than seek for Grants and
Sponsorships from organizations, we
seek partners towards mutually
beneficial business relationships
Babajide Ipaye,Founder
Give Back Initiative philosophy is
based on supplying organizations
with goods, business consumables
and services at competitive rates
and donating a portion of our profit
back to developing Enterprises and
the community in Nigeria
The goal of every company is to make the most
profit and to give to shareholders and
investors. We just give some of our profit to a
different group of stakeholders.
Babajide Ipaye, Founder
Who are those driving this initiative?

Mr.Tonye Cole,
Babajide ipaye Mrs.Audrey Ezigbo- Executive Managing Director,
Founder Director and Co-Founder Sahara Group
Business Minds Falcon Petroleum Ltd

Dr.Chamberlain Dr.Ken Onyeali Ikpe-

Mr.Robert Norton
Peterside - Founder & CEO, Mediacom President
CEO, New Era Capital C-Level Enteprises, USA
Corp,USA

And Rev.Kunbi Imonitie, Mr.Henry Balogun, Mr.Frank Aigbogun –

Publisher, BusinessDay, Mr.Uzo Okoye
NO Program/ Initiative Description
1. 3 x Entrepreneur’s Summit –
2,000+ Aspiring and early Stage
business owners convene for a day to
learn how to start and grow their
business. Delivered in Lagos, Abuja
and Port-Harcourt
3. 3 x CEO Boot Camp – 400+ CEOs –
2 Day High level strategic Training for
C-Level Execs and Decision makers
in Lagos, Abuja and Port-Harcourt
over a 1 week period.
4. 6 x Business Breakfast Forum –
3hr forum for a maximum of 50
attendees. Delivered in Lagos Only
but can be replicated to other cities.
5. Entrepreneursconverge.com
( Dedicated online resource centre for •
Entrepreneurs and Business Owners) •
6. Business Minds- Print and
Electronic mini- Magazine.
7. The Problem Solvers – Reality TV
program focused on solving social
problems through Entrepreneurship
Our Projects
Partnership Benefits and Cost of Execution
Minimum Project Annual Cost of Execution: N5,000,000
This program is to be delivered once a year in 3 key cities
• Speaking opportunities - Position Products and additional Sales channel opportunities
• Access to database of close to over 4,000+ online registrants
• Pre and post event Branding and association (online, print, radio, website), Exhibition opportunities
Minimum Project Annual execution Cost: N6,000,000
• 5-10 minute speaking slot to address Participants
• Access to database of close to over 2,000+ online registrants
• Pre and post event Branding and association reaching out to almost 12 million people (online, print,
radio, TV, Stage branding, website), Exhibition opportunities
Minimum Project Annual execution Cost: N3,000,000
• Branding of Venue , Direct networking/ engagement of attendees
• series of elite gatherings of eminent corporate leaders, community leaders & government members
that focus on issues affecting their businesses and crucial to the success of any rising CEO
• Pre and post event Branding and association (online, print, radio, website)
Minimum Project Annual execution Cost: N6,000,000
Site Sponsor button at the top of all main pages of the site for 1 year
Sponsor Banner included of all Micro Modules (90+) and Articles and tools/templates (150+) for 3
months.
• 2 Monthly newsletter adverts for 6 months
• Access to subscriber database- Target of 100,000 subscribers within the first year.
Minimum Project Annual execution Cost: N3,000,000
• 3 pages Free in every issue of Magazine;- free Circulation of 1,000 hard copies to target market of
CEOs and Business owners
• Electronic Print available for download to potential of 100,000 + Entrepreneursconverge.com
Community members
Minimum Project Execution Cost: N25,000,000
• Pre and post event Branding and association reaching out to almost 20 million people (online, print,
radio, TV, Stage branding, website)
• Access to database of close to over
• Creating Employment and solving Several Social problems through entrepreneurial initiatives
across the Nation
 Going Forward
• Most of our projects have been delivered in the past and are still
ongoing. However to ensure sustaininablity of these projects we
seek strategic partners who can reap business benefits from these
projects by simply providing us the opportunity to be of service in
any of the following areas:
– Trainings and Consultancy
– Business Consumables, Office Supplies, Raw Materials, Fuel and miscellaneous
services
• Entering into partnership with us requires a guaranteed annual
pipeline of Service/supply business from your organization of which
a significant portion of our proceeds are ploughed into our various
projects. Labeling your organization as our sponsor and achieving a
WiN-WiN relationship for all stakeholders.
 Conclusion
We will be available to provide detailed multimedia presentations and additional
materials towards enacting our partnership with your organisation.

Business Minds
• Address: 3,Abiola Segun Ajayi Street,Off Muri Okunola,Victoria
Island,Lagos, Nigeria
• Email: info@thebusinessminds.com
• Website: www.thebusinessminds.com
• Telephone nos: 08034334148, 018518453 or 018217557