Strive Learning is closing early-stage founders business skills gaps driving high rate of failure of Startups in Africa.
Current Status
SOLVE business learning solution is prototype currently being tested for market validation. The solution has been assessed as good and meets the recently reviewed Entrepreneurship business learning modules by the National higher education curriculum regulatory agency.
Solution prototype built with few Customer retail sales recorded and to go to market launching a virtual business learning masterclass and hiring 8 Business Development Specialists recruited to drive corporate sales across the states and regions in Nigeria.
Market
Strive Learning Ltd targets Africa's 17.6 million undergraduate students, 70 million failing early-stage Startups, and over 35 million graduates without jobs for the past 5 years. Government Ministries and Development Agencies, Corporate businesses funding Entrepreneurship skills training and Early-stage Startups. The e-learning market is valued at $2.2 Billion in 2020 and projected to grow at 11.5% CAGR to $3.3 Billion in 5 years to 2026. The e-business learning market is projected at $1.6 Billion by 2026.
Problem or Opportunity
We are closing Entrepreneurship Business Skill Gaps of early-stage founders driving high failure of Startups resulting to increasing rate of youth unemployment, poverty and crime . Most of African Universities and Colleges Entrepreneurship business learning curriculum does not equip young graduates with important skills to Startup and succeed in business.
Competitors
Some of the key players direct competitors are: Coursera Tekedia Udemy Startup Accelerator prorams Including these Best Business Schools for Entrepreneurship e-Learning in Africa 1. Lagos Business School (LBS), Pan-Atlantic University, Nigeria 2. Gordon Institute of Business Science, Pretoria, South Africa. 3. Strathmore Business School – Strathmore University, Kenya 4. Henley Business School, South Africa 5. American University School of Business, Cairo, Egypt 6. ESCA Ecole de Management, Morocco 7. Graduate School of Business, South Africa 8. University of Stellenbosch, South Africa 9. Wits Business School, South Africa. 10. Milipark Business School, South Africa 11.Akweshi Entrepreneurship University, Ghana.
These competitor existing learning solution lack coaching/learning presentation structure, coherence, and clarity thereby limiting students and founders cognition, competence, confidence, and capacity to build and grow Startups successfully and sustainably.
Advantages or differentiators
Our solution is designed on disruptive new business modules and learning presentation designed on its reverse spelling acronym EVLOS that represents the practical skills sets and tasks required to build scalable solutions and thriving companies from Ideation to Go to Market. Each letter of the acronym represent a structured, logical and coherent business build process and skills set/tasks from Startup Enovation (Innovative solution design), solution market validation, to Go to Market and Growing the Startup on strategy management. Our solution principal advantage is that there is no other product like it and our competitive difference is bringing Structure, Coherence and Clarity to business coaching modules and learning presentation making learning smart, easier, methodical, and interesting.
Finance
Strive Learning Ltd has three revenue streams as follows: (1). Online learning subscription income. (2) Offline corporate sponsored youth skills learning workshop . (3) Colleges business curriculum development consultancy. The market is structured on respective subscription fees as follows:: (A) Individual / Retail client - $50 per trainee. (B). Corporate / Business Wholesale - $100 per trainee. Our unit cost is $6.7 / product for both retail and corporate wholesale accounts. Our solution SOLVE business textbook draft copy is ready and soon to be published.
Loan terms
24 months
Interest rate, %
5
Type of pledge
Real estate
Pledge and assets
50 * 50 square feet undeveloped land in a suburb of Abuja, Nigeria's capital city
Business model
We deliver our business learning masterclass off/on-line on subscription to B2C, B2B, and B2G at quarterly cycle three times a year streamed on Youtube Channel video and social media accounts.
Solution (product or service)
Our learning solution SOLVE is designed smart business skills modules that provide structure, coherence, and clarity in coaching presentation to help young graduates, tech experts, technicians or artisans learn smarter and build a thriving business from ideas to growth scaling.
Strive Learning Ltd anticipates and plans for business / operating risks such as:
1. New disruptive innovation technology in learning driven by Artificial Intelligence.
2. Poor sales.
3. High operating costs.
4. Ineffective strategy execution.
5. Lack of innovation in coaching / learning offering and poor client service.
6. Political crisis resulting to social insecurity.
7. Failure of Internet delivery infrastructure.
8. Inefficient management and staff team
9. Poor staff reward system.
10. Poor fit between strategy plans, objectives, goals, and execution
Incubation/Acceleration programs accomplishment
Misk Startup school Acceleration for African Entrepreneurs. .