Best Ideas 2020 features all the nominated entries submitted under ‘Submit your Idea’ category. All the entries consist of innovative solutions or propositions for an enterprise that champions the Sustainable Development Goals. They can be on the conceptual, planning, or start-up stage.

Pilot Project for Promotion of Regenerative Family Agriculture

Published on July 14, 2020 um 18:25

Explain your idea in details:

The project will achieve three main objectives, namely i) restore degraded soils and reduce greenhouse gas emissions (GHG) through the production and use of organic fertilizers in agricultural production ii) produce 20 tons green chili and 36 tons of yams to help ensure food security for disadvantaged and vulnerable communities; iii) create 4 permanent jobs and 16 temporary jobs to reduce the unemployment rate and local migration which negatively affects rural women and girls. These objectives will be achieved through five (05) main interdependent activities which focus on: i) the selection of a variety of seeds (seeds of chili and yam cuttings) of quality; ii) producing organic fertilizers (compost) and using it for soil fertility and minimizing the use of chemical fertilizers in the project region; iii) the cultivation of three (03) hectares of land including 1ha for the production of chili and 2ha for the production of yam by exploiting local labor; iv) store and preserve products after harvest; v) distribute (sell) products to direct consumers and raise awareness in local communities. The innovative approach of our project is based on the sustainable practice of agricultural activity and the general awareness of all farmers in the region to the use of organic fertilizers to minimize the negative impacts of the use of chemical fertilizers and fight climate change. The production and use of organic fertilizer will restore degraded soils and ensure the production of sustainable family farming. This innovation will considerably increase the added value of agricultural production for the project and the farmers in the region and will stimulate local economic development.

Expected impact of your idea on sustainable development

Our project will meet the high food demand of disadvantaged and vulnerable communities observed at local and national level and will help to mitigate the current and future economic and social impacts of the coronavirus (COVID-19) and climate change; promoting inclusive local economic development; the reduction of unemployment at the local level and in addition to the valorization of the lands of the settlement area as well as to the reduction of the rural exodus focused on young community which is gaining momentum. The evaluation of success will be based in the short term on the satisfaction of local communities, in the medium term on the satisfaction of local authorities, and in the long term on the satisfaction of the government, through the number of jobs created and the capacity of production of our enterprise. On this basis, each project activity will be evaluated and the results will be used to improve the next activity through a process of continuous improvement. It will be evaluated: the approaches / methods, the effectiveness and the efficiency and the performances. The tools will include, among other things, indicator monitoring tables, open and closed questionnaires. However, during the implementation of the project, the commitment, availability and enthusiasm of the local communities collaborating with the project (employees) should be maintained by ASED Sarl to ensure good planning and better management of the monitoring of the implementation of project activities. To this end, a participatory monitoring plan will be put in place to serve as an aid tool to measure the progress and execution of the project through the technical and financial monitoring of activities, but also to measure its products, effects and impacts.

Plans for implementation and sustainability

The realization of our project requires funding of US $ 22,200, the personal contribution of our company both in kind and in cash is US $ 4,000, i.e a percentage of 18% of the total cost. To this end, we are requesting a grant of US $ 18,200 from all willing people representing 82% of the overall cost of the project. The 5 main expenses are: the costs of preparing the soil for the ground, the costs well drilling, the purchase of seed, the purchase of materials and work equipment (hoes, machetes, watering cans, backpack sprayers, etc.) and a hangar for the storage of products after harvest. Our distribution model will be from producer to end consumer. Our products will be exclusively and directly sold to consuming populations and at a lower cost. This option will help to guarantee food self-sufficiency in the region as well as access to basic food for the poorest. Also, the profits from the sale of products will be transferred to the production chain in order to extend our actions to scale and contribute to meeting the food needs of a greater number of populations in the region where the project is located and other regions, promoting the economic and social development of vulnerable communities and our business and ensuring sustainable jobs. The sustainability of the project will be ensured by the local social status of ASED Sarl and its local staff; capacity building of local staff; the revenue from the sale of products and agro-tourism which ensure the self-financing of ASED Sarl, thus guaranteeing its economic independence and therefore, its sustainability.

Your profile

I am Mrs. Rosalie Gnonmi FAGNIBO of Beninese nationality. I was born on December 19, 1989, so I am 31 years old. I am agroecologist with expertise in supporting small farmers' cooperatives. I am the Director of the African Society for Ecology and Development (ASED Sarl), a development enterprise formed by women and strictly focused on agricultural and beekeeping promotion and environmental protection. I have a good knowledge and experience in control of the installation and technical monitoring of different food crops and I was responsible of the Support Project for Cooperatives of Women Farmers of Atokolibé Village "PACFA - Bantè" with AMAF-BENIN NGO.

Stage of Idea

conceptual stage

Vote now for: Pilot Project for Promotion of Regenerative Family Agriculture

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Comments

August 5, 2020 11:36

After reading about the idea you proposed, I would like to say that it is a wonderful and fantastic idea that support food production which is a basic human need and it also goes in line with the goals of the United Nation.

The Sdg's are a collection of 17 global goals designed to be a blueprint to achieve a better and more sustainable future for all. Please try to enrol for the Brain Versus Capital Course and also the Sustainable Entrepreneurship Course in the campus so as to make your idea to be environmentally, socially and economically sustainable.

Please vote and comment for my idea too in the campus community "Promoting a healthy lifestyle" (https://www.entrepreneurship-campus.org/ideas/26/18364) as it aims to achieve SDG 1, 2, 3 and 8

August 4, 2020 03:17

While embarking on a quest to change the world may feel lonely, it is important to remember that social entrepreneurship is a team sport, and other people are willing to help. Social entrepreneurs need to stay open and attentive to potential partnership and collaboration opportunities. In many cases, collaborative initiatives and joint-ventures can achieve social/business goals much more effectively than solo endeavors.

August 3, 2020 09:17

Dear friend @Pilot project for promotion of regenrative family agriculture. Once again your idea is great. To add to my earlier comment on your idea, I suggest you consider the article below:

While reading articles in the platform, I discovered so many of us are yet to explore the platform as expected. So as I read a recent post, I found out that it is quite informative and timely; not only for the competition but in our life endeavors as entrepreneurs so I decided to share it with you my friends. Happy Reading and application.

How to Promote Your Entry and Get More Votes

Almost a month has passed form the launch of the voting process for the 2020 Citizen Entrepreneurship Competition. Many of us already know that it takes some effort to get people support all the time. The voting process will help us understand why marketing is an integral component of the entrepreneurial design. Your idea or project might be great and highly beneficial to many people, but you need to get them to notice your service or product.
Getting started as a young entrepreneur is an exciting and challenging endeavor. Even if young people lack experience and knowledge, they have readiness and motivation to push through obstacles. On the other hand, it can be such an exciting opportunity for adults who did not have the opportunity to get involved with entrepreneurship in their younger years.

You have got to be crazy if you want to be an entrepreneur: you will have to work 12 to 14 hours a day, there will be no vacations in the near future, and you will have little or no private life anymore. Guenter Faltin says on his book Brains versus Capital.
When talking about successful startups and good entrepreneurial ideas, innovation can be applied both in emerging and existing industries. In other words, everywhere where there is an opportunity for growth and development.
At the initial stage, the young entrepreneur starts to feel like a Jack of all trades by switching into different roles from bookkeeping to marketing. You will notice how useful this experience is going to be when you make the first sales of your product or service.

Back to the competition. When you start promoting your idea or project for votes make sure to:
Explain how it is or will benefit your community or a specific category
Highlight what frustrating problems you are trying to solve and how you are doing it
Use emotions to make the audience notice, share, and vote for you
No matter what medium you are using, create a human voice for your product and service
Talk about the importance of sustainable entrepreneurship and how it could make the world a better place
Even though not everyone has equal access to an internet connection, there are traditional mediums that are still on trend. Print, daily papers, magazines, radio shows, podcasts, television, direct mail, telephone, and SMS are a good option if they have an audience and are cost effective.
Word of mouth marketing. It works for big brands, it will work for you too.

When promoting an idea or project, or everything, people reach out to relatives, friends, people at the school or university, local clubs, organizations. Social media will help you get more audience. Start by identifying the most popular social media sites in your region.
According to the Global Digital Report 2020 the number of
Internet users worldwide in 2020 is 4.5 billion
Social media users in 2020 are 3.8 billion
Mobile phone users in 2020 are 5.19 billion

The same survey confirms that the most popular social media around the world based on the number of users are: Facebook, YouTube, WhatsApp, Messenger, WeChat, Instagram, Tik Tok, QZone, Sina Weibo, Reddit, Snapchat, Twitter, Pinterest and Kuaishou.
Next step. Identify what is the best type of content for each of these channels. Most people use social media for fun and relaxing. They chat with friends, look for photos, videos, and interesting content.
You can create a voice with videos and images
Cross-post across channels,
Use your hashtags
Appeal to influencers by quoting them on your promotions
Organize contests and giveaways
Share content from your friends
Ask for input
Share helpful information
Do not over post
Schedule social media posts in advance

Reminder
You need to publish your idea or project to make it eligible for the public vote. You can find it published at: Youth Competition 2020, Vote for best ideas 2020, Vote for best projects 2020; Adult Competition 2020 Vote for best ideas 2020, Vote for best projects 2020
Please I am encouraging you friends to create time and take the trainings and also read the articles. It is not all about the competition but the knowledge shared and acquired from this campus is awesome. Please do not miss out.

I hope this helps as we are currently voting and commenting

Finally, I have voted and made some comments on your idea, please consider supporting my idea Eduheal with your votes and comments @ https://www.entrepreneurship-campus.org/ideas/26/17805/
Thank you for supporting my idea with your votes and comments

Best wishes in your implementation

August 1, 2020 20:07

@pilot project for promoting of regenrative family agriculture. Weldone on your wonderful idea. In addition to my other comments on your idea, I am sharing with you a simple business plan to help you further refine your idea for a successful implementation. Please not that this plan is not quite different from the requirements of the Youth Citizen Entrepreneurship Competition.

PROBLEM: What problem will your business solve
PROMOTION: How will your target customers learn about your business
SOLUTION: What will your business provide to solve that problem
COMPETITIVE ADVANTAGE: What will your business do better than the competitors
BUSINESS MODEL: How will your business make money
FINANCIAL PROJECTIONS: How much money do you need to start? How much will you earn every month And how much will you spend every month
TARGET CUSTOMERS: What type of people will purchase your products or services
FUNDING REQUIRED: How much money do you need to start the business

I honestly suggest that before you submit your idea or project, please ask yourself these questions and even if you have submitted your idea, do remember that we still have opportunity to refine our ideas and resubmit. I hope that you find this beneficial to your idea.

Also, please do create time and take the campus online trainings as the trainings are there to help campus members understand what it is to be an entrepreneur.
I hope you will derive some benefits from this.

Finally, I have voted and commented on your idea; please consider supporting my idea with your votes and comments
@https://www.entrepreneurship-campus.org/ideas/26/17094/

Best of luck in your implementation.

August 1, 2020 15:51

Day 22
As a budding 2020 Citizen Entrepreneurship Contestant from Nigeria South South Nigeria Region I love my idea and project Electricity for Everyone because I seek out to ask many questions than answers, I am 100 percent focus and self discipline, critical thinker, networker, innovator while my major duty now is to help young people across mother Earth to start developing their inherent entrepreneurial skills and talents towards realizing our 17 sustainable development goals and join me now to ask many questions across our 2020 platform
Holger Johnson is just such a multi founder. In addition to Ebuero AG, he has established, co founded or functioned as a business angel actively engaged in the development of about 20 other companies. How does he do it? He concentrates on the entrepreneurial design, from which he formulates objectives and tasks and then supervises their execution. In this way he uses his head and his time in the area in which he excels. He knows full well that he must not permit too much complexity in his entrepreneurial design work. A high degree of complexity would increase susceptibility to error and require more decision making on his part; it would sap more of his energy and divert his attention from the areas where his best talents lie and from what he most enjoys. Campus members use this in your idea or project
I want all to reflect on it
Day 23
Successful companies originate in the mind. The better an entrepreneurial concept is and the more it is
analyzed and fine tuned, the more it will resemble a finished work of art and the more likely it is to be
successful.
I want all to reflect on it
Day 24
Dorothee is the daughter of a colleague of mine. She was an English major but did not want to become a
teacher. In her free time she creates vases, large ceramic pieces. She asked me whether she could not
make a little business out of this. I asked her a whole series of questions. Did she really enjoy doing it?
Did she enjoy it so much that she could imagine doing it over the long term? Are people willing to buy
these vases with their own money? And much more. Dorothee explained that she really did enjoy
working on her ceramics. That there are people who are buying her vases already and that she is earning
money with them, even when she calculates all her expenses and her own work time. And that if she
wanted to, she could ask for more money.
This did not sound bad. In fact, it sounded very convincing. Dorothee would probably be happier with her
vases than she would be working as a teacher in a job she disliked. My advice do it. Do not let yourself
be dissuaded bet on your artistic talent.
I ran into her again a few months later. Curious, I ask her about her business. I am not suited to be a
business person, she tells me. How so? I ask, amazed. Dorothee explains that she took a course in
starting a business, but I failed the balance sheet analysis.
Balance sheet analysis is something valuable. Nobody who wants to understand the financial situation of
a major company like Siemens can skip the balance sheet analysis. But what Dorothee needed is not a
balance sheet analysis. What she needs to know is whether her work is generating enough income.
Every street kid in Manila, every woman in Bangladesh who gets a microcredit from the Grameen Bank,
has the business smarts for this, without formal business administration concepts and techniques. A
formal requirement just frightens people off, especially creative, artistically inclined people. The start-up
consultant would have given better advice if he had simple told Dorothee to collect the receipts for her
expenses and her income and take them to a bookkeeper, or to pay a student to do her income tax
return. With Dorothee, a promising business founder was derailed because of an incompetent startup
consultant.
I want all to reflect on it
Day 25
Getting rid of the fanciful ideas
And where was the campfire? Much too dangerous. The artistic performances? Could you do a somersault in your confirmation suit? Any fanciful ideas had been taken away from the children before they were even aware of it. The concept of the adventure restaurant was dead on arrival.
I want all to reflect on it
Day 26
An Example Making Toothbrushes Cheaper
Not far from Bonn is a factory that makes most of the toothbrushes sold in Germany. A number of well known brands have their toothbrushes made for them there. You, too, can have your toothbrushes manufactured there and sell them under your own name or under some other fancy name. Get together with your friends and acquaintances and start a Toothbrush Campaign. You know that toothbrushes should not be used too long otherwise they will damage your teeth, no matter how expensive or scientific their design. You yourself need at least ten toothbrushes a year. So your own circle of friends and acquaintances is sufficient for a small campaign. Why should your friends buy their toothbrushes from you? You can already figure it out. Not because you are attractive and likeable and can talk your friends into buying them from you, but because naturally your toothbrushes are much cheaper than the toothbrushes they are buying for themselves, even at the discount store. Materials and production cost almost nothing. Toothbrushes become expensive because of the advertising to develop the brand and sales.
I want all to reflect on it
Day 27
Once you have the concept, you go on to researching and identifying appropriate components. This, too, does not have to become a full time job. Do not be satisfied with the first supplier to come along, just because you are happy to have found a component. Inquire, research, investigate, compare. Finally, you are ready to coordinate the components. This, too, is a manageable task where concepts are simple and straightforward.
Under these conditions illustrated in the examples described above founding a company can actually be a kind of part-time job. Launching a company with a safety net, so to speak. Do not give up your day job, your old occupation, until your own idea concept proves to be sound and sustainable. Wait for your concept to prove itself. Do not put all your money on one card, but establish your business on a carefully considered and securely solid basis. It is not true that the fast devour the slow in every situation, but those who are well prepared and work with professional partners will succeed over those who are excitable, overworked and try to organize everything in house.
I want all to reflect on it
Today, I motivate you to make use of my comment and also share with others in the platform so as to learn and improve your idea and project for successful startups and SDGs realization. I share it freely with others ideas and projects so as to join all in achieving our 2020 target in our entrepreneur campus.
I urge everyone today to freely and blissfully cast their votes and comments to my idea and project Electricity for Everyone and this is a link to my idea thanks a lot
https www entrepreneurship campus org ideas 28 17040 in Adult Project
https www entrepreneurship campus org ideas 26 16940 in Adult Idea

July 28, 2020 18:04

brillante idea, I wish to you best of luck in this project. you have all the qualities that make your idea comes true one day, follow your dream and don't give up. i think this project takes many challenges and can provide solutions to many problems in your country. all the best.

@mealtime, once again ensuring that people of all culture get what to eat everywhere in the world is innovative.
please take your time,read and give me your opinion about my idea,

https://www.entrepreneurship-campus.org/ideas/26/17684/

July 25, 2020 16:02

Day 15
As a budding 2020 Citizen Entrepreneurship Contestant from Nigeria South South Nigeria Region I love my idea and project Electricity for Everyone because I seek out to ask many questions than answers, I am 100 percent focus and self discipline, critical thinker, networker, innovator while my major duty now is to help young people across mother Earth to start developing their inherent entrepreneurial skills and talents towards realizing our 17 sustainable development goals and join me now to ask many questions across our 2020 platform

Campus members I want to ask all of you, What do my friends and I lack? Could not we make certain things simpler, better, cheaper? What would I like to do, in collaboration with others? It is a question of finding an initial idea, selecting one from among the subjects you have already thought about.

Anyone who is actively creative no matter what the field knows that often the best ideas arise in moments of solitude, especially when the task is to work on a new puzzle rather than on an existing one. There is another situation that may help illustrate this principle a school child who reads a classmates essay is already caught in the web of that essays thoughts.

Today, I motivate you to make use of my comment and also share with others in the platform so as to learn and improve your idea and project for successful startups and SDGs realization. I share it freely with others ideas and projects so as to join all in achieving our 2020 target in our entrepreneur campus.

I urge everyone today to freely and blissfully cast their votes and comments to my idea and project Electricity for Everyone and this is a link to my idea https www entrepreneurship campus org ideas 28 17040

Day 16
The difference between Invention and Innovation. Campus members Invention and innovation appear to be closely related. Many people believe there must be an invention at the beginning of every entrepreneurial success story. The rest is then merely a question of implementation.

Day 17

The difference between entrepreneurship and business administration

At this point, it will be helpful to take another look at the relationship between the terms entrepreneurship and business administration. While the latter describes the organizational and administrative aspects of business, I propose that we use the term entrepreneurship to highlight the creative, innovative components of establishing a new business.

Note, entrepreneurship is unconventional way why business administration is conventional way.

Day 18

Campus members I want you to apply this today, based on Patents and new technologies are only the raw material

Let us take these thoughts a little further. Until now we have tacitly assumed that startups originating from innovative concepts are neglected or overlooked by mainstream researchers and consultants, whose primary focus of attention has been on the so called technology oriented startups. An invention, the patent based on it, or a new technology, seemed to be a solid basis for establishing a new company.

Day 19
What good entrepreneurial design must accomplish

We have to make high demands on entrepreneurial design because it must provide solutions to a whole
range of problems faced by startups.

What good entrepreneurial design must accomplish
1. Work out clear market advantages
2. Secure a head start over imitators
3. Protect against technological obsolescence
4. Protect against commercial obsolescence
5. Minimize financing costs
6. Include marketing as an integral component of the entrepreneurial design

The first and most important criterion is that the concept demonstrates market advantages over
established competitors.
All my fellow contestants 2020 should endeavor to read it today and apply to their innate idea and project, be focus

Day 20

Campus members based on this Working at the Puzzle

Good entrepreneurial design is the result of a search process much like trying things out and piecing together a jigsaw puzzle. The process is similar to creating a composition where you keep working until everything fits and every false note has been eliminated.

I believe it is helpful to treat this mental activity as a form of recreation, just as you would work a real puzzle. After a little practice, it gets easier to move the pieces around to see if they fit. You should get just as much pleasure from this as a child who enjoys puzzles and takes satisfaction each time the pieces fit.

I want all to reflect on it

Today, I motivate you to make use of my comment and also share with others in the platform so as to learn and improve your idea and project for successful startups and SDGs realization. I share it freely with others ideas and projects so as to join all in achieving our 2020 target in our entrepreneur campus.

Day 21

Campus members did you know that a Good entrepreneurial design is something that one might call plain style, where one has tightened, simplified and looked deeply into the substance of a work until one has eliminated every superfluous ornament. In economics, this means saving on manpower, capital, energy, materials, and transportation. Like good literature, good art or good music, good entrepreneurial design may draw its power from simplicity and clarity.

Simplicity
is the ultimate sophistication
LEONARDO DA VINCI
These days an entrepreneur is more like an artist than a manager. The close relationship between entrepreneurship and artistic endeavor is sometimes even reflected in word choice.

See how Steve
Wozniak, the co founder of Apple, describes his work below

A good engineer is like an artist. When you develop something, every detail is like a
brushstroke that has to be exactly right.
Just as Ernest Hemingway worked at polishing his sentences for days and weeks, I work at
Apple. We composed like solo musicians.
From notes come melodies, then stanzas and finally an entire song.
STEVE WOZNIAK

I want all to reflect on it

Today, I motivate you to make use of my comment and also share with others in the platform so as to learn and improve your idea and project for successful startups and SDGs realization. I share it freely with others ideas and projects so as to join all in achieving our 2020 target in our entrepreneur campus.

I urge everyone today to freely and blissfully cast their votes and comments to my idea and project Electricity for Everyone and this is a link to my idea https www entrepreneurship campus org ideas 28 17040

July 24, 2020 20:41

Day 15
As a Nigerian Serial Entrepreneur and 2020 Best Idea Contestant. My sole role in this platform is to mobilize my co global youth led innovation towards exchanging and supporting their creative ideas and projects towards contributing to achieving the sustainable developing goals. While envisioning to do volunteer work and assisting upcoming start ups across borders soon.

Campus members did you know, Muhammad Yunus, winner of the Peace Nobel Prize, is a serial entrepreneur in the social sphere? The Grameen Bank with its micro credits is only one of the many enterprises he has promoted. They include the solar energy company Grameen Shakti, as well as Grameen Phone, already a telecommunications giant, and Grameen Danone, a joint venture for the production of fortified yogurt, designed to make up for nutritional deficiencies typical among Bangladeshis rural population. The Grameen group even includes an investment company. Yunus uses the tools of capitalism because he is convinced that it is possible to use our economic system more efficiently than it is being used today. Anyone who has ever had anything to do with him perceives him as relaxed, amiable, totally present and not overburdened, even if his multiplicity of projects and duties would lead you to expect that.

Campus members please check page 42 of Brains versus Capital book and apply it in improving your idea and project.

Day 16

Campus members did you know, from 4 10
Successful Companies Originate in the Mind?

Did you know developing a good entrepreneurial concept is a challenge, whether it is the result of arduous work or cheerful contemplation? Many paths are traveled better in ones head than with ones feet. Sometimes one needs as much as ten years and 50,000 pieces of information before an entrepreneurial concept is born, notes Professor Simon of Carnegie Mellon University. Simons experience should not frighten us, but it demonstrates that a well thought out idea is not a trivial and fleeting thing that gains substance only after it has been implemented through business administration.

Campus members please check page 43 of Brains versus Capital book and apply it in improving your idea and project.

Day 17

Campus members did you know,

Small is Beautiful was a famous book title from the 1960s, but its subtitle was even better? Economics
as if People Mattered. We need an economy where people play the decisive role one that places the advancement of mankind at its center.

Campus members please check page 44 of Brains versus Capital book and apply it in improving your idea and project.

Day 18

Campus members did you know you can simply apply the quote below and use for improving your idea and project

If I had gone to business school,
I never would have started the company.

ANITA RODDICK

That is simply mean that you can become a successful start up without you going to business school.

Campus members please check page 47 to 48 of Brains versus Capital book and apply it in improving your idea and project.

Day 19

Campus members did you know in 5.3 Where startup consultants fail the example of
Dorothee the artist

Dorothee is the daughter of a colleague of mine. She was an English major but did not want to become a
teacher. In her free time she creates vases, large ceramic pieces. She asked me whether she could not
make a little business out of this. I asked her a whole series of questions. Did she really enjoy doing it?
Did she enjoy it so much that she could imagine doing it over the long term? Are people willing to buy
these vases with their own money? And much more. Dorothee explained that she really did enjoy
working on her ceramics. That there are people who are buying her vases already and that she is earning
money with them, even when she calculates all her expenses and her own work time. And that if she
wanted to, she could ask for more money.
This did not sound bad. In fact, it sounded very convincing. Dorothee would probably be happier with her
vases than she would be working as a teacher in a job she disliked. My advice do it. Do not let yourself
be dissuaded bet on your artistic talent.
I ran into her again a few months later. Curious, I ask her about her business. I am not suited to be a
business person, she tells me. How so? I ask, amazed. Dorothee explains that she took a course in
starting a business, but I failed the balance sheet analysis.
53
Balance sheet analysis is something valuable. Nobody who wants to understand the financial situation of
a major company like Siemens can skip the balance sheet analysis. But what Dorothee needed is not a
balance sheet analysis. What she needs to know is whether her work is generating enough income.
Every street kid in Manila, every woman in Bangladesh who gets a microcredit from the Grameen Bank,
has the business smarts for this, without formal business administration concepts and techniques. A
formal requirement just frightens people off, especially creative, artistically inclined people. The start up
consultant would have given better advice if he had simple told Dorothee to collect the receipts for her
expenses and her income and take them to a bookkeeper, or to pay a student to do her income tax
return. With Dorothee, a promising business founder was derailed because of an incompetent startup
consultant.

Campus members please check page 52 to 53 of Brains versus Capital book and apply it in improving your idea and project.

Day 20

Campus members did you know that Get big, but remain small
The principle is Get big, but remains small. This is the advantage of making use of large, efficient units
without having to establish and operate them yourself. Your company grows, but the core activity that
you control remains small, and thus coherent and manageable.

Campus members please check page 72 of Brains versus Capital book and apply it in improving your idea and project.

Day 21

My Co Contestants CEC 2020

Campus members did you know that the first step is to have an idea and to work on it until a compelling concept emerges. The second step is to find pre existing professional components with which you can bring the idea to life in all its artistic details.

Concept plus components

A carefully thought out concept plus professional components that is the magic
formula with which we can challenge the major players of the economic world.

Campus members please check page 74 of Brains versus Capital book and apply it in improving your idea and project.

My Co contestants CEC 2020, I blissfully want you to support your idea and project through sharing your innate experiences, and exchanging of best practice and well conceived idea at the entrepreneurial laboratory down to one to many so as to motivates you in learning and improving your own idea and project. So please heartily vote and comment for my own idea now. Please kindly cast your vote to my idea link here https www entrepreneurship campus org ideas 26 17721

July 23, 2020 12:27

My advice Start small and build momentum, Being a social entrepreneur can be very difficult, you are constantly in a field dominated by changing dynamics, you will often face business challenges, and you have to start small and build your enterprise from the ground up. You must be resilient, realistic, and passionate about your goals and the impact you are trying to achieve.

July 22, 2020 13:34

Hello,

I am here to show you my support for your idea. Let's keep moving and don't you give up!

Please, vote for my project and leave a comment:

https://www.entrepreneurship-campus.org/ideas/28/17734/

Follow Us: https://www.instagram.com/projetofutureseeds/

July 21, 2020 11:41

@pilot project for promoting regerative family agriculture, your idea assisting in achieving SDG"zero hunger is quite innovative. In addition to your solution, I am sharing with you what can help us refine our ideas and projects for success. What does Angel Investors want
Angel investors are an increasingly important source of funding for startups and early stage businesses. Angel investors are experienced entrepreneurs who usually have developed and sold their businesses and want to help startups to develop like they did.
So what do they look for and how can you fit their criteria for investing. Here is what you need to have when pitching to angel investors
1. Sound business plan: There is no getting away from this and a solid business plan and business model will attract angel investors. Having achieved some sales will be a great help and ensure you have regular and transparent accounts.
2. Financial returns: like any investor they will want returns and only invest if they think that your business model will achieve those returns for them.
3. Experienced management team: similar to venture capital firms, angels would like to see an experienced management team. However, given their own experience of starting a business they will understand that sometimes it takes time to build a good team and they will help in funding such people. They will also have a great network that can be used to help the business.
4. Industry sector and special interest: most angel investors will want to put something back into the community and will have developed special interests or stick to industry sectors they know.
5. Passion: like all investors they will want see that the founder has a passion for what they want to achieve and this will be foremost in their minds when they first listen to your pitch.
6. Opportunity to be involved: one of the main reasons angels invest is to recreate the fun they had in developing their own business and they will want to be more involved in advising and guiding businesses they invest into. If the matchup is right, take every opportunity to grab their time and contacts to help with your business, after all they have been through it before.
7. Share of the busines: they will negotiate a share of your business and want a formal shareholders agreement. You may give up part of your equity but have a powerful ally when it comes to looking for funding at the next growth stage of your business.
8. Exit strategy: angels will want to see a clear exit strategy for your business so that they can achieve the returns in the long run. Ensure that this is clear and align your interests with their own.
Angels usually invest smaller sums and this can range from thousands to a few hundred thousand. They can also club together to raise more funds and there are many Angel investor clubs with an online presence.
Most importantly, ensure that you can get on with the angel since you will be working closely together to achieve business success.
What angel investors wants is not quite different from the youth citizen entrepreneurship competition application requirement. Please I suggest that you take a careful thought and application of the above points as the points will assist in ensuring that our ideas and project stand out for possible investment from potential investors.
Also remember to take the campus online training as these trainings are to help campus members navigate through the entrepreneurship journey.
Best wishes in your implementation

July 20, 2020 15:08

@Rosalie your idea of promoting regenerative family farming is amazing. I am sharing with you questions from one of our trainings that can help in refining our ideas and projects

Before you submit your idea or project, please write down your idea in a Word Document and ask yourself these questions:
What business model will I follow to implement this idea?
What methodology or strategy will I use during different processes of implementing this idea?
Which are the processes I have to go through until the finalization of the idea?
What means or tools do I need to implement my idea?
Which are my potential collaborators, investors?

July 18, 2020 16:10

Day 10
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Campus members did you know that Invention and innovation appear to be closely related? Many people believe there must be an invention at the beginning of every entrepreneurial success story. The rest is then merely a question of implementation. This approach may seem plausible, but it is highly dangerous. In the history of new business ventures, there have probably been more failures of promising but immature ideas than there have been successful startups
Campus members please check page 28 of Brains versus Capital book and apply it in improving your idea and project.
Day 11
Campus members did you know the difference between entrepreneurship and business administration?
At this point, it will be helpful to take another look at the relationship between the terms entrepreneurship and business administration. While the latter describes the organizational and administrative aspects of business, I propose that we use the term entrepreneurship to highlight the creative, innovative components of establishing a new business.
Campus members please check page 29 of Brains versus Capital book and apply it in improving your idea and project.
Day 12
Campus members did you know, If you are successful, one thing is guaranteed there will be imitators, and they can be very dangerous. If they have established sales channels, lots of capital and generous advertising budgets, there is a great risk that they will overtake you. Would a patent protect you here? The modern answer is yes, but only for a short time. As soon as the competition recognizes that there is a new solution, they too will devise other methods. According to Mitchell and Coles, a technological innovation will give a company an advantage of only six to twelve months at most. An advantage in the concept will have a longer effect, especially if you continuously refine it further
Campus members please check page 34 of Brains versus Capital book and apply it in improving your idea and project.
Day 13
Campus members Let us consider Faltins Puzzle here
I want to share a little story with you. I am a student and I am driving through southern France in my old
VW. A hitchhiker is standing by the side of the road. I am alone and I pick him up. We get into a
conversation, and I ask him what kind of work he does. He says he is a disk jockey in the Seychelles.
Wow, I say, a DJ in the Seychelles what a super job. The guy looks totally normal. How do you get a job
like that? He says it was not particularly difficult. Not hard? I ask. There have to be ten thousand people
dreaming of a job like that How did he manage it? He says he looked up the addresses of hotels on the
Seychelles, he drafted a letter, and one hotel wrote him to come out there. Sure, I say, but thousands of
others must have done the same thing. No, he says he was the only one
Have not you heard people say to you and perhaps you are saying this to yourself, Do not think for a
minute you are the first person with this idea Think about the Tea Campaign. Did I invent economy sized
packaging? Was I the one who discovered you could avoid the middlemen? No. But these two
puny ideas, neither brilliant nor creative, applied to a field where no company had ever used them
before, has made the Tea Campaign the biggest importer of Darjeeling tea in the world.
So look for a field of your own and start to analyze it. What principles could change the conditions in this
field to your advantage? Do not let yourself be deterred by well meaning friends and acquaintances who
do not want to believe that you have found something that works.
But if you get to the point of giving up, take a tip from Daniel Goleman, an psychology professor who
made a name for himself with his study of emotional intelligence. He describes the difference between a
genius and an ordinary person. There is but one small difference, but it is decisive. Both persons work on
a problem, and neither one can solve it. Both have to decide whether to give up because the problem
seems intractable. But here is the difference. The ordinary person gives up, which seems reasonable, in
light of the time wasted and the hopelessness of the task. The genius, according to Goleman, also gives
up but not entirely. He pushes the problem back into the recesses of his subconscious and waits. And
it so happens that a pattern turns up at a totally different place than the path where he had been
looking for it. Because he did not abandon the problem totally, he now has a chance to recognize the
pattern and apply it to the problem on the back burner of his mind .
Is there a guarantee that you will find a solution to your problem? Not at all. How long should you stick it
out? Persevere after all, it does not cost you anything to keep a semiconscious thought in the back of
your mind and check on its progress from time to time.
I believe it is helpful to treat this mental activity as a form of recreation, just as you would work a real
puzzle. After a little practice, it gets easier to move the pieces around to see if they fit. You should get
just as much pleasure from this as a child who enjoys puzzles and takes satisfaction each time the pieces
fit. It is a game or a sport. The Danish philosopher Søren Kierkegaard worked simultaneously at six
separate desks because he found that when he was writing one text, ideas would come to him for the
other texts he was not working on at that moment. You, too, can play at a number of puzzles at the same
time.
Campus members please check page 38 of Brains versus Capital book and apply it in improving your idea and project.
Day 14
Campus members did you know, A good engineer is like an artist. When you develop something, every detail is like a
brushstroke that has to be exactly right?
Just as Ernest Hemingway worked at polishing his sentences for days and weeks, I work at
Apple.
We composed like solo musicians.
From notes come melodies, then stanzas and finally an entire song.
Campus members please check page 40 of Brains versus Capital book and apply it in improving your idea and project.
My Co contestant CEC 2020, I blissfully want you to support your idea and project through sharing your innate experiences, and exchanging of best practice and well conceived idea at the entrepreneurial laboratory down to one to many so as to motivates you in learning and improving your own idea and project. So please heartily vote and comment for my own idea now. Please kindly cast your vote to my idea link here https www.entrepreneurship campus org ideas 26 17721
My vote already for you!
Please also read my idea at https://www.entrepreneurship-campus.org/ideas/26/17721
You can also use this short link:Germany dovetail Nigeria and Nigerian Bioneers Green Ribbon
Please consider for votes and comment! Your feedback and suggestion are more precious to help me improve my idea than only appreciate it or promoting..
Thank you so much..

July 18, 2020 15:42

I Emmanuel Ekpenyong have read through your idea and it is impressive, but I want to share the commenting phase this week that can help you to improve your implementation, they are below;
July 18, 2020
Day 8
As a budding 2020 Citizen Entrepreneurship Contestant from Nigeria South South Nigeria Region I love my idea and project Electricity for Everyone because I seek out to ask many questions than answers, l am 100% focus and self discipline, critical thinker, networker, innovator while my major duty now is to help young people across mother Earth to start developing their inherent entrepreneurial skills and talents towards realizing our 17 sustainable development goals and join me now to ask many questions across our 2020 platform!
The concept of the Tea Campaign did not develop overnight. At the beginning it was not at all certain whether the project would involve tea or some other business. I had no firm notions what my company would look like. At the beginning my only goal was to combine academic theory with handson entrepreneurial practice. Did you know, Prof. Faltin was the Founder of the Concept of the Tea Campaign ?
Day 9
Did you know Prof. Gunter Faltin Concept of the campaign was about unconventional or conventional?
Day 10
There is such a tea all the experts agree on this. It grows on the southern slopes of the Himalayas and is named for the region where it is cultivated Darjeeling. Because I was no tea expert, much less a tea drinker, this is something I learned at the library of the Free University of Berlin. If you could have such an outstanding tea, especially for so little money, perhaps customers would be willing to do without a wide selection. So I thought: as a wine drinker, if I could buy Rothschild Lafite, one of the worlds most expensive wines, for the price of an ordinary house wine, then I would only drink Rothschild Lafite.
Limiting the selection to Darjeeling alone had yet another advantage. How was a customer to recognize that my tea really was a much better value? After all, every merchant claims his goods are the best
quality at the cheapest price.
Campus members did you know if Prof. Faltin made this statement based on convention or function, did you know?
Day 11
Did you know, there was yet another hurdle: how to finance the project? After all, the first step was a major bulk purchase. In international trade the credit period is 60 days. This meant we had two months before the big bill fell due. The ship from Calcutta to Hamburg takes about four weeks. Once in port at Hamburg, the tea would be unloaded at the Port of Hamburg in two to three days. That left a full month to sell as much tea as possible. Thus the idea of a campaign. We had to sell fast in order to be able to pay the big bill.
Day 12
Campus members should all know today that Mother Teresa was a social entrepreneur with a difference, when she said, Never be so busy as not to think of others, so now I urge you all to make sure you share commitment to others ideas and projects happily.
Day 13
Based on the ideas makes the difference, did you know it is the quality of the idea that is the decisive factor an idea that at the outset seemed crazy to almost everyone: only one type of tea and only in big packages? But this was not a whim or a passing fancy it was a very carefully thought out concept. The principle is to build from function instead of following convention. If you systematically look for the factors that make a product like tea so expensive in Germany, you almost inevitably come up with this solution. Although it may seem strange, it does make sense because it cuts costs radically.
Day 14
Not inspirations or passing fancies, campus members did you know that or can you imagine furniture that the customer has to assemble himself? Can you design furniture that can be assembled without woodworking machinery or specialized tools? Does not this require a complete rethinking of how to make wardrobes, tables and chairs? Are customers even willing to put furniture together themselves? Do they have the time and inclination to do so? Do they dare? Is not it unreasonable that people suddenly be required to assemble their own furniture? These are among the many novel questions that scarcely anyone before Ikea founder Ingvar Kamprad had ever asked. Did he get spontaneous positive feedback on these concerns from his circle of friends and acquaintances? I am sure he did not. The solution looks simple, but it demanded unconventional questions and a lot of mental effort before answers emerged yes, customers were willing and able to assemble their furniture and, yes, the price incentives were sufficient to induce them to purchase furniture like this. Kamprad asked questions that, if they had even been asked previously, had elicited only negative responses. Kamprad had to challenge common sense and prevailing views, and he had no industry experts standing at his side. He had to rethink his furniture completely in order to figure out how to construct it so that ordinary consumers would be able to put it together at home.
Today, I motivate you to make use of my comment and also share with others in the platform so as to learn and improve your idea and project for successful startups and SDGs realization. I share it freely with others ideas and projects so as to join all in achieving our 2020 target in our entrepreneur campus.
I urge everyone today to freely and blissfully cast their votes and comments to my idea and project Electricity for Everyone and this is a link to my idea

July 17, 2020 16:23

Wonderful [email protected] Project for Promotion of Regenerative Family Agriculture. As rightly observed by tou, agriculture is very neessary to reach the ADGs Zero Hunger. While you have done a good deal describing your idea, I will suggest the following to enable refine your idea for implememtation.

You need a business model for your idea (So think about the model)
You need collaborators-like ministry of agriculture and rural developement of your country etc

Lastly, I suggest you take the online training for you to understand how to go about your entrepreneurship journey. Weldone and bst wishes in your implementation

July 16, 2020 07:36

Wonderful [email protected] Gnonmi . Indeed the world according to the president of AFDB, needs agriculture and the Africa continent should take advantage of this. Your project on agriculture intended to meet the goal "zero Hunger" is great. However, your idea describes more of the goals and objectives you intend to achieve so to open up your idea to realty and implementation I will like you to consider the following:

What business model will I follow to implement this idea?
What methodology or strategy will I use during different processes of implementing this idea?
Which are the processes I have to go through until the finalization of the idea?
What means or tools do I need to implement my idea?
Which are my potential collaborators, investors?

Also consider taking the online training as these courses are designed to teach campus members the basic principles of entrepreneurship and the core of what it means to create and become an entrepreneur.

Best of luck in your implementation

July 15, 2020 16:23

The idea is very innovative and meaningful. I am sure it will have a profound impact on our society and holistic living. Many congratulations for the same.
Best wishes,
Tamanna Dua
Founder and CEO
Adar