Top Tweets for #EnterpriseDevWithRemi
@remiduyile Thank you for sharing these nuggets Ma. As a start-up owner, I can't wait to share the result of implementing them in my business. #EnterpriseDevWithRemi
I will really want to enjoin you to take your time to read through every of the nuggets I’ve shared. It’s my desire to see you win! #EnterpriseDevWithRemi
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Fertile ground includes new or fragmented markets, or old, stagnant markets that are ripe for disruption. In such a market, you'll have the opportunity to develop a differentiated positioning strategy.
#EnterpriseDevWithRemi
4. Competition
Excess competition kills the life cycle of a new product especially if Its coming from a startup. Inability to balance these competitive demands makes the market unfavorable for new entrants so be sure of what you're venturing into.
#EnterpriseDevWithRemi
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Take calculated risks so you don't end up chasing dead ends or running after opportunities that you think are viable but in the end won't bear fruits. #EnterpriseDevWithRemi
3. Timing
Considering the fact that every market has a lifecycle, and also every opportunity has a limited window of time before it expires, you need to be very sure that the market you are about to venture into is a proven one.
#EnterpriseDevWithRemi
2. Product
After identifying your ideal customers, you need to ensure that the product you're creating satisfies the unmet needs of your customers. #EnterpriseDevWithRemi
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Ideally the customer you identify will represent a market that matches your own needs and ability. Think both in terms of satisfying a need and whether this is the right market for you to address. #EnterpriseDevWithRemi
1. Customers
Firstly you need to identify and find a prospective customer base, an unmet need or desire that the market has not sufficiently addressed.
What can you provide that is so meaningful that someone will gladly pay you for it?
#EnterpriseDevWithRemi
More than 50 percent of start-ups fail in their first two years so its expedient that some essentials are put in place to ensure that you achieve business success.
#EnterpriseDevWithRemi
Thinking about a business/enterprise is quite easy but getting it off the ground and sustaining it for a very long time is where the bulk of work lies. Just like yesterday’s sessions, this is going to be long #thread too, so we are good to GO! #EnterpriseDevWithRemi
Good evening friends, the concluding part of our series on Enterprise Development is about to begin in a jiffy, stay tuned as I’ll be sharing with you the essentials you must consider to build a thriving enterprise. Invite friends to be a part of #EnterpriseDevWithRemi
Thank you ma @remiduyile, still going through the tweets but I’m getting so informed already. #EnterpriseDevWithRemi is worth the time. Can’t wait to get blessed tomorrow.
I would really want you to take your time and fully understand all I’ve shared with you tonight on the first session on #EnterpriseDevWithRemi
Beyond reading, be prompt to apply and see your business take a leap. The thread is here, see you tomorrow for the concluding session!
I would really want you to take your time and fully understand all I’ve shared with you tonight on the first session on #EnterpriseDevWithRemi
Beyond reading, be prompt to apply and see your business take a leap. The thread is here, see you tomorrow for the concluding session!
Enterprise development can also be likened to Entrepreneurship. It simply means taking a small business idea and growing it into something big, making more money, earning more profits, and employing more people as time goes by. It’s a thread, be ready to ready to read and digest!
Either way, restructuring its organizational structure and bringing in fresh management are often hallmarks of this stage. #EnterpriseDevWithRemi
An enterprise undergoing revitalization can either innovate with new ways of doing business or diversify by expanding into new markets. #EnterpriseDevWithRemi
5. Revitalization Stage
A slump in sales or a new challenger emerging in the market can inspire a mature business to start revitalizing its business. #EnterpriseDevWithRemi
It's also at this stage that an entrepreneur should consider stepping down if he/she doesn’t have what it takes to continue because starting a company is not the same thing as managing a mature company. #EnterpriseDevWithRemi
Companies at this stage can usually benefit from quality improvement endeavors and examining new markets. #EnterpriseDevWithRemi
3. Growth Stage
During the growth stage, an enterprise has passed its break-even point and is expanding its business, both in sales volume and number of clients. #EnterpriseDevWithRemi
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