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Strive Learning Ltd

A virtual school for entrepreneurship.

Nigeria
Market: Education, training
Stage of the project: Prototype or product is ready

Date of last change: 02.12.2022
Min amount of loan
$  50.000
Estimated yield
5 % a year
Show contacts
4
Total required
$ 100.000
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- is looking for investment
 

Idea

Strive Learning is closing early-stage founders business skills set and helping them to build smart, scalable solutions and thriving companies.

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 Universities Commission - Nigeria's higher education curriculum regulatory agency. A letter of endorsement is expected from the agency's management. Two State government Ministries and Development Agencies in Nigeria sponsoring youth entrepreneurship skills empowerment programs on annual rolling basis have indicated interest to buy for contract coaching in 2023 valued at over $45,000. Strive Learning SOLVE virtual business masterclass series will commence in January, 2023 delivering for our primary target customers .

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

The recurring high rate of failure of Startups in Africa is driving increasing youth unemployment, poverty and crime in the communities. The increasing failure of Startups is due to skill gaps in undergraduate entrepreneurship business learning curriculum characterized by poor modules design and learning presentation lacking in structure, coherence, and clarity. The learning gaps are observed in early-stage founders poor skills at designing innovation in customer solution, unique value proposition, good business model as well as poor business planning and business strategies to scale their Startups for market success.

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 coaching subscription income. (2) Offline workshop coaching subscription. (3) Books publishing income stream. The market is structured on respective subscription fees as follows:: (A) Individual / Retail client - $25 per trainee. (B). Corporate / Business Wholesale - $50 per trainee.
Our average cost structure is $6.7 / product for both client 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 learning off/on-line to B2C, B2B, and B2G on quarterly cycle three times a week using Youtube Channel video recording and cloud meeting apps streamed on social media by subscription paid with debit card or electronic payment.

Solution (product or service)

1). SOLVE® business learning solution is designed on five smart skills modules described by the name acronym detailing the relevant skill sets and tasks required for building and scaling Startups to thriving company from solution Ideation to Growth scaling. SOLVE represents (1) E = Enovation (Innovation) skills set - solution Ideation to Build covering value proposition canvas design, customer problem survey/market research, business model canvas design, solution prototype build/test for validation (2). V = Value design skill sets - value proposition and business model design, (3). L = Leadership skill sets - vision, mission, core values, team, and strategy leadership. (4). O = Operations skill sets - HR admin., marketing, sales, accounts, legal, etc (5). S = Strategy skills - covers all operations and market strategies including setting OKR, KPIs, market launch and scaling, etc.

SOLVE provides structure, coherence, and clarity to business modules design and coaching presentation making building and growing Startups smart, methodical, and fun for early-stage founders to build scalable solutions and thriving companies.

3). SOLVE business textbook draft has been concluded and will soon be published in Q1 2023.

Team or Management

Risks

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.
.

Won the competition and other awards

I have not entered or won any competition yet.

Invention/Patent

ISBN 978-978-991-961-1

Photos

Photo 1 - A virtual school for entrepreneurship.
Photo 2 - A virtual school for entrepreneurship.
Photo 3 - A virtual school for entrepreneurship.
Photo 4 - A virtual school for entrepreneurship.
Photo 5 - A virtual school for entrepreneurship.
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Idea
Current Status
Market
Problem or Opportunity
Competitors
Advantages or differentiators
Finance
Financed earlier, $
Loan terms
Interest rate, %
Type of pledge
Pledge and assets
Business model
Solution (product or service)
Team or Management
Lead creditor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Photos
Product Video