Ifeanyi Emenne’s Post

🌍 A Guide to Taking Your Business International Expanding globally can be a game-changer, especially when you leverage the UAE's strategic location and business-friendly policies. Here’s a simplified guide to help your business go global: 1. Choose the Right Market Entry Representative: Ideal for building brand presence without direct sales. Global brands often start with this approach to test new markets. Remember, a local service agent is required since commercial transactions aren't allowed. Example: Majid Al Futtaim partnered with Carrefour to dominate the regional retail market by merging local expertise with international resources. 2. Leverage Free Zones for Ease and Efficiency Free zones like JAFZA and Dubai Silicon Oasis offer 100% foreign ownership, tax benefits, and simplified processes. This setup is perfect for logistics and e-commerce companies. Amazon used this strategy to streamline operations and reach the wider Middle East. 3. Adopt a Digital-First Approach Embracing technology is crucial for scaling efficiently. Careem is a prime example: what started as a local ride-hailing service expanded across countries by using digital innovation and understanding local markets. Your business can replicate this success with a digital-first strategy. Taking your business international is about strategic planning, leveraging local insights, and embracing innovation. At Roiyal Holding Group, we specialize in consulting, market research, and expansion strategies. Whether you need help navigating regulations, conducting in-depth market analysis, or designing an effective entry strategy, we're here to support your growth journey. 👉 Let’s talk about how we can take your business global. Reach out or drop your thoughts below!

Product market fit is one of the important business concepts of our time A significant number of businesses in Kenya are triggered by some sort of  ‘’ connection’’ examples include: -An employee leaving their employer to set up a similar business after making some connections. -A relative or friend in a position of authority dishing out a contract and the beneficiary  goes on to turn this initial project to a business -An official working in a position of authority identifies an opportunity as a result of the role they perform resigning the role in order to capitalize on the opportunity. -Supplying a product or service to an individual known to you like a relative or a friend then going on to start a business. Irrespective of what triggered the initial business idea, you need to understand product market fit. Once you get into this initial engagement courtesy of your ‘’connection’’ ensure you go out to the market and find out whether there are other customers willing to pay for the same service or product -Is the product solving a problem for more people -Are they willing to purchase it  at a fair price point ? -Are they excited/talking about the product ? -Are they referring the product/service to their networks ? It may not matter how you got into the business in the first place, more important is that you qualify the opportunity in order to determine whether it's a real opportunity that can solve a real market place problem for more people. Module 2 of the Mastering Business Growth Program(MBG) for owner managers responsible for  revenue generation enables them to understand this important  business concept. A key takeaway is also understanding that Product market fit is a moving target Reach out for a free chat to learn more by registering in the comment section below.

BUSINESS GROWTH STRATEGY: The engine of any business is growth. It's what fuels success, propels expansion and keeps the wheels of progress turning. In Africa, the business terrain presents a unique mix of challenges and opportunities. Contrary to popular belief, growth in this region is not only possible but can be exponential if navigated rightly. ☑ Build relationships - Africa thrives on the strength of relationships. Don’t just be transactional, build lasting relationships with your clients. ☑ Engage local communities - they are often your first line of customers. Understand their needs and tailor your offerings to match those needs. ☑ Leverage Technology - Digital is the new normal. Utilize the power of digital platforms to reach new audiences and provide innovative solutions. ☑ Create Sustainable Business Models - Consider creating business models that solve immediate problems while also contributing to overall societal improvement. ☑ Get legal and regulatory advice - Understanding the legal and regulatory environment will save you from unnecessary setbacks. ☑ Collaborate - Seek out partnerships with local businesses for mutual growth. Businesses in Africa have tremendous potential for growth given the continent's untapped wealth and resources. However, it requires patience, resilience, creativity, and an understanding of the African market. The key takeaway here is that sustainable growth in Africa is best achieved through strategic planning, customer-oriented services, leveraging technology, and commitment to continuous learning and adaptation. My name is Edwin Dela, a brand strategist and marketing expert with over 10 years of experience, and I am ready to help you navigate the African business landscape. Whether you're just starting or looking to expand your operations, booking a free brand discovery and growth consultation session with me could be your game-changer. Book now via this link: https://lnkd.in/edaDUYK8. Let’s grow and transform your business together!

Invitation for the Evaluation and Discovery of Your International Potentialities Do you need to have and build new relationships around Africa and the rest of the world where you are looking to develop operations, make investments, establish trade [export or/and import], or visit foreign countries and discover opportunities while enjoying the local culture? TRI CONSULTING KYOTO - TRI CK USA, we are here to help you get the best and most productive experiences you can have. An exciting invitation is addressed to you from TRI CONSULTING KYOTO - TRI CK USA! TRI CONSULTING KYOTO - TRI CK USA will help you develop a practical, intelligent assessment with solutions and adaptable responses to international opportunities in the different countries of this business world and their areas of existence which offer infinite perspectives. Whether you are a company, a leader, or an entrepreneur, here are some points to consider with the contribution and support of TRI CONSULTING KYOTO - TRI CK USA to allow you to benefit from this diversity of international opportunities: Global Affairs: With TRI CK USA - Explore vast international opportunities in new markets, establish partnerships with foreign companies, and experience different cultures. Globalization offers economic benefits and opportunities for exponential growth. Innovation and Adaptability: With TRI CK USA - succeed internationally, be innovative, and be adaptable. Understand local needs, respect cultural norms, and develop tailor-made solutions. In-depth knowledge and an intelligent approach are essential for making informed decisions. Networking and Collaboration: With TRI CK USA - Join international business networks, attend conferences, and participate in events. Sharing experiences and collaborating with other leaders and entrepreneurs is invaluable. Together, let's discover new frontiers and seize the opportunities available!   International Business Opportunities Strategies for Business Globalization Leadership and Adaptability Contact: info@triconsultingkyoto.com

When investing in foreign/new markets, Kindly remember that the local culture contributes heavily to business success. A crucial aspect of launching a business, often realized later by investors entering new markets. Expanding into new or foreign markets requires a deep understanding of local cultures. Here are four key ways culture influences foreign businesses: 1. Consumer Preferences: Local culture shapes consumer behavior and preferences. For example in Africa 60% of consumers prioritize products that align with their cultural values. Understanding these preferences is crucial for successful market entry. 2. Business Etiquette: Relationship-building is vital. In many African cultures, trust and personal connections are paramount. 70% of successful foreign businesses in Africa have strong local partnerships, emphasizing the importance of understanding local business etiquette. 3. Communication Styles: Effective communication is key. Misunderstandings can arise due to differences in communication styles. For instance, in high-context cultures, much of the communication is implicit. 40% of business failures in Africa are attributed to communication barriers. 4. Adaptation to Local Practices: Customizing business practices to align with local traditions can enhance acceptance. Companies that adapt their strategies to local cultures see a 30% increase in market penetration compared to those that don't. Embracing local culture is not just beneficial; it's essential for success in new markets. Foreign Exchange Recruitment Foreign Direct Investment Advisors Expansion via Franchising Agence Française de Développement Franchising New Markets Lab New Market Funds Business Expansion

Business insights inspired by Lord Ram’s epic journey. Lord Ram’s Alliances: Some Important Business Lessons Lord Ram's journey to rescue Mata Sita, from the demon king Ravana offers valuable business lessons about alliances, trust, and teamwork. 🛞 Alliance with Sugriva -> Story Lord Ram needed help to find Mata Sita. He met Sugriva, a monkey king who had lost his throne to his brother, Vali. Ram helped Sugriva defeat Vali and get his kingdom back. In return, Sugriva promised to help Ram. Business Lesson 🌟 Form partnerships to gain support and resources. Working together helps both parties succeed. 🛞 Trust and Leadership Story -> By keeping his promise to Sugriva, Ram earned the loyalty of Sugriva and his monkey army. Business Lesson 🌟 Trust is crucial. Keeping promises builds loyalty and a strong team. 🛞 Alliance with Vibhishana Story-> Vibhishana, Ravana's brother, advised Ravana to return to Mata Sita. When Ravana refused, Vibhishana joined Ram. He provided valuable information about Ravana’s kingdom. Business Lesson 🌟 Welcome those who share your values, even from unexpected places. Different perspectives can offer valuable insights. 🛞 Teamwork and Resource Management Story-> Lord Ram and his allies built a bridge to Lanka (Rama Setu) with the help of the monkey army. This required careful planning and teamwork. Business Lesson 🌟 Use your team’s strengths and manage resources well. Clear communication and collaboration are key to success. 🛞 The Final Battle Story-> In the battle to rescue Mata Sita, each ally played a vital role. Their combined efforts led to the defeat of Ravana. Business Lesson 🌟 Success often comes from the collective efforts of a dedicated team. Recognize and use the unique skills of each team member. Indeed Lord Ram’s story teaches us about the importance of building strong alliances, earning trust, embracing different perspectives, and working together effectively. These principles are essential for success in business

One of the most valuable exercises I undertake with my clients is The Competitive Strategy Profile. Choosing your source of competitive differentiation is both difficult and liberating in equal measure. When asked, “What kind of business do you want to be? Do you want to have the best products, best service or lowest prices?”many CEOs simply say “Yes, we want to be all of those things.” But it’s hard enough to be truly world-class on one of these aspects of strategy, never mind all of them. As a result, I often spend half a day, or more, leading an executive workshop discussion to review the competitive strategy of my client, alongside their competitors’ strategies and other benchmark companies. And while there are infinite strategy variations, it’s possible to identify five generic competitive strategies: 1. Product Leader. These companies want to have the latest and best products for their target customers. NPD is critical to their success, and customers are willing to pay more to get the high-quality product, service or brand experience they’re after. Examples include Apple, Emirates and BMW. 2. Cost Leader. These companies offer amazing prices to their customers who, in turn, believe that the product quality is good enough given the amazingly low prices. Examples include Ryanair, Aldi and Primark. 3. Convenience Leader. These companies offer a clear standard of performance and deliver against it every time. They are highly dependable, convenient and hassle-free. Their strong operational focus and highly efficient systems often mean that they’re also low-cost organisations. Examples include McDonalds, FedEx and Amazon. 4. Service Leader. These organisations gain and keep clients as a result of the expert advice and support they offer, both before and after purchase. Examples include John Lewis, Zappos and Lexus. 5. Solutions Leader. These businesses tailor their offer to individual customers, creating bespoke solutions. Close and deep relationships with their customers are critical to their success. Examples include McKinsey, IBM and many bespoke engineering firms. How does your organisation rate on each of these dimensions? And which potential source of competitive leadership should your business be pursuing? The answer is likely to be found by understanding where your organisation’s capabilities, the key needs of your target customers, and your purpose and passions meet. 

How to grow your Business! I started Business Yaari in 2023 without any major investments in my hand but now our revenue has touched 1 crore+ annually. This happened because of some few strategies and tips which I followed and learned during my journey which I would like to share with you all: Define Your Niche: Identify a specific area of expertise within your industry. Focusing on a niche allows you to become an expert in that area, making you more attractive to potential clients. Build Your Brand: Invest in building a strong brand identity that reflects your expertise and values. This includes creating a professional website, developing thought leadership content, and maintaining an active presence on relevant social media platforms. Deliver Exceptional Service: Your reputation is everything in the consulting world. Consistently deliver high-quality services and exceed client expectations to build trust and loyalty. Network Effectively: Networking is essential for growing your consulting business. Attend industry events, join professional associations, and connect with potential clients and collaborators both online and offline. Seek Client Feedback: Regularly seek feedback from clients to understand their needs and improve your services. Happy clients are more likely to refer you to others. -Scale Your Business: As your business grows, consider scaling your operations by hiring additional consultants or outsourcing certain tasks to focus on high-value activities. -Stay Agile and Adapt: The business landscape is constantly evolving. Stay agile and adapt to changes in technology, market trends, and client needs to remain competitive. By following these steps and maintaining a focus on delivering value, you can successfully grow your consulting business and achieve long-term success.

The Business Results You Have Generated So Far Is A Reflection Of The Level Of Wisdom and Intelligence In You And Your Team By EMENNE IFEANYI THE WISE KANSELOR I had a meeting last week with the CEO of a company that wanted us to help him restructure his business. When he invited us, I was assuming that his problem was low sales until I went to inspect his sales operations and saw that their biggest challenge was managing their excessive orders that kept flowing in almost every second He operates in a sector where most people are complaining that the economy was destroying their business but this young CEO is different because he has understood a key business success principle which is WISDOM IS JUSTIFIED BY HER CHILDREN This means that your wisdom as a CEO must reflect in the result you are generating which are the children of your wisdom. You cant claim to be a wise CEO and your business is stagnant or failing. The collective wisdom of your team is also shown in the result your team is generating. You cant claim to have a great team and are struggling in business. This means that the moment you notice any form of underperformance in your organisation, its a sign that you need to get more wisdom and intelligence into your system. The young CEO noticed that he was lacking wisdom in the area of speedily attending to his customers and he decided to bring my team in as a wisdom multiplier. The MD of another company we work with recently shared with me that it seems like after each midyear strategy session we hold with his team, that his sales tend to skyrocket. If you are not seeing the desired result in your business, it means that your wisdom and your team wisdom are giving birth to deformed babies ie poor results. This is the time for you to assess the results your team is generating and go look for how to increase the wisdom level in your system and this is reflected by improved business performance You game wisdom by reading business books, attending courses, networking with more successful people and bringing in Wise men and women to advise you and your team JOIN MY FREE ONLINE BUSINESS MASTERCLASS FOR CEOs WHERE I TEACH CEOs HOW TO MAKE THEIR BUSINESSES MORE PROFITABLE AND SUSTAINABLE I remain EMENNE IFEANYI THE WISE KANSELOR Contact my team for all your staff recruitment and training needs today on 08023622171

10 Effective Business Development Strategies (Plan) These days almost all entrepreneurs focus on growing their network and expanding their business. According to Raef Lawson, business development is the fastest way to grow your company. A lot of business development tactics available which can exploit on the commercial basis. A business developer plays a crucial role in implementing the different corporate strategy for the success of any organization. Let us take a look at some corporate development tactics that industry development managers adapt to the success of their organization. Following are 10 effective business development strategies: 1. Recognize Your Competition 2. Tap the Right Opportunities 3. Pay Attention to Your Website 4. Hone Your Listening Skill 5. Take a Look at Online reviews. 6. Focus on Client’s Requirement 7. Never Say — I do not have Time 8. Offer Quality Services 9. Innovation at its best 10. Networking Events