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What is Entrepreneurship? Exploring the Essence of Innovation and Business Creation
- September 11, 2024
- Posted by: Kleos Advisory
- Category: Introduction
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Entrepreneurship is a term that has become synonymous with innovation, creativity, and the pursuit of success. But what does it truly mean to be an entrepreneur?
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The Reality of Risk: Unpacking the Rate of Failure in Entrepreneurial Ventures
- September 10, 2024
- Posted by: Kleos Advisory
- Category: Introduction
Entrepreneurship is often portrayed as a glamorous path to success—a journey of innovation, independence, and financial reward. However, behind the success stories that dominate headlines, there lies a stark reality: the high rate of failure among entrepreneurial ventures. While the allure of creating something new drives countless individuals to start businesses, evidence shows that the road to entrepreneurial success is fraught with challenges that many do not overcome. Understanding the reasons behind these failures and the factors that contribute to them is crucial for aspiring entrepreneurs and the ecosystems that support them.
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Necessity vs. Opportunity: What Drives Entrepreneurship
- September 9, 2024
- Posted by: Kleos Advisory
- Category: Introduction
What drives someone to leave the comfort of a steady job to start a new business? Is it a calculated move to seize a promising opportunity, or a desperate act of survival in the face of unemployment or economic hardship? Understanding the distinction between necessity-driven and opportunity-driven entrepreneurship is not just a matter of academic interest—it’s a key to unlocking the full potential of new ventures and supporting them in ways that lead to sustainable success.
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Unlocking Nigeria’s Entrepreneurial Potential: Key Insights from the GEM 2023/2024 Report
- August 29, 2024
- Posted by: Kleos Advisory
- Category: Introduction
The Global Entrepreneurship Monitor (GEM) 2023/2024 report, titled “25 Years and Growing,” marks a significant milestone in the study of global entrepreneurship. This annual report provides a comprehensive overview of entrepreneurial activity across the globe, offering key insights into trends, challenges, and opportunities within the entrepreneurial landscape.
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The Future of Entrepreneurship: Will Its Appeal Endure?
- August 26, 2024
- Posted by: Kleos Advisory
- Category: Introduction
In recent years, entrepreneurship has become a global phenomenon, with more people than ever pursuing their ventures. But will this trend continue, or are we witnessing the peak of a temporary wave? The answer lies in examining the driving forces behind this rise and considering how they might evolve.
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7 Common Business Plan Mistakes and How to Avoid Them
- August 14, 2024
- Posted by: Kleos Advisory
- Category: Business Plan Mistakes
Creating a business plan is a critical step in launching and growing your business. It serves as a roadmap that guides your strategy, helps you secure funding, and keeps you focused on your goals. However, even the most well-intentioned entrepreneurs can make mistakes when crafting their business plans. These errors can lead to missed opportunities, funding challenges, or even business failure. Here are seven common business plan mistakes and how you can avoid them.
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The Importance of a Business Plan for Startups: Your Roadmap to Success
- August 14, 2024
- Posted by: Kleos Advisory
- Category: Business plans
Starting a business is an exciting venture, filled with endless possibilities and potential. However, the journey from an initial idea to a thriving business is fraught with challenges, uncertainties, and risks. One of the most critical tools you can have on this journey is a well-crafted business plan.
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How to Write a Business Plan that Gets Funded: Key Elements to Include
- August 14, 2024
- Posted by: Kleos Advisory
- Category: Business plans
A well-crafted business plan is more than just a document; it’s a strategic roadmap that guides your business to success and convinces investors to back your vision. Whether you’re seeking seed funding, venture capital, or a business loan, your business plan must demonstrate the viability of your idea, the market opportunity, and your capacity to execute. Here’s how to write a business plan that gets funded, with key elements that investors expect to see.
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Kleos Mentorship Spotlight: Chioma Ukpabi – Transforming Vision into Success
- July 9, 2024
- Posted by: Kleos Advisory
- Category: Mentorship Spotlight
Within just three months of our collaboration, Chioma Ukpabi won first prize in the 2022 Keystone Startup Advantage program, receiving 3 million Naira! Her journey exemplifies what can be achieved with a clear plan and dedicated mentorship.
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Access Bank partners with Kleos Advisory Africa on its groundbreaking N50bn YouThrive Initiative
- June 7, 2024
- Posted by: Kleos Advisory
- Category: Partnerships
