fbpx
Success Tonics Blog
  • HOME
  • ABOUT
  • CONTACT US
    • ADVERT PLACEMENT
  • CURRICULUM VITAE
  • LECTURES AND SEMINAR
  • PUBLICATIONS
  • ASSIGNMENT AND QUIZ
  • INSPIRATION
  • NEWS
    • ENTERTAINMENT
  • LIFESTYLE
  • SOCIO-ECONOMIC ISSUES
  • SPORTS UPDATE
  • ICT UPDATE
  • INEWS
  • SCHOLARSHIPS
  • JOBS AND VACANCIES
  • Books & Resources
    • Get My Books on Amazon
    • Resource Center
    • The Books
      • Just a Fruit (Book)
      • Pathway to Success and Excellence Book
      • You Are On a Journey and You Will Get There (Book)
    • Visit My Selar Store
  • Shop
    • My account
    • Checkout
  • Wishlist
  • Basket
  • Checkout
  • JPY 3 Books Launch by Dr Tony Orji
No Result
View All Result
  • HOME
  • ABOUT
  • CONTACT US
    • ADVERT PLACEMENT
  • CURRICULUM VITAE
  • LECTURES AND SEMINAR
  • PUBLICATIONS
  • ASSIGNMENT AND QUIZ
  • INSPIRATION
  • NEWS
    • ENTERTAINMENT
  • LIFESTYLE
  • SOCIO-ECONOMIC ISSUES
  • SPORTS UPDATE
  • ICT UPDATE
  • INEWS
  • SCHOLARSHIPS
  • JOBS AND VACANCIES
  • Books & Resources
    • Get My Books on Amazon
    • Resource Center
    • The Books
      • Just a Fruit (Book)
      • Pathway to Success and Excellence Book
      • You Are On a Journey and You Will Get There (Book)
    • Visit My Selar Store
  • Shop
    • My account
    • Checkout
  • Wishlist
  • Basket
  • Checkout
  • JPY 3 Books Launch by Dr Tony Orji
No Result
View All Result
Success Tonics Blog
No Result
View All Result

Apply Now: Savvy Fellowship Program 2021 for Aspiring and Early-Stage Entrepreneurs

Tony Orji by Tony Orji
March 29, 2021
in Scholarships
Reading Time: 8 mins read
A A
0
Share on FacebookShare on TwitterShare on Whatsapp

Savvy is a virtual Fellowship program for passionate and brilliant young professionals seeking to be part of the new generation of impact entrepreneurs.

Practical Learning

For 12 weeks, you’ll learn how to start, build, and scale an impact venture. Using visual presentations, we’ll help you answer all the relevant questions you need to kickstart that amazing impact venture, gain early traction, achieve product-market fit, and scale into newer markets. Savvy is for every impact entrepreneur, no matter what stage your venture is.

Simultaneous Mentorship

While learning, you’re offered mentorship as well, which is a great way to have a better understanding of your industry. Mentorship comes in two ways: peer-to-peer and expert. Since all Savvy Fellows don’t have the same level of experience, more experienced and knowledgeable Fellows help guide others. A select few Fellows get expert mentorship from industry experts.

Life-long Community

“Once a Savvy Fellow, always a Savvy Fellow.” Savvy isn’t just a 12-weeks learning, assessment, and mentorship program, it’s a life-long entrepreneurial learning process. Post Fellowship, you can constantly access your Savvy Fellowship account and have access to our weekly updated resources, in the form of entrepreneurial tips, nuggets, and opportunities.

Savvy is 12 weeks of e-learning and assessment.

You will learn everything from ideation to scaling.

Week 1

 Your Customer

  • Who is your target customer?
  • What problem do you want to solve for your customer?
  • When does the problem occur and why it is urgent?
  • What would make the life of your customer easier?

Week 2

 Your Product or Service

  • What product or service are you building?
  • How does it work? How do you deliver your solution to the customers?
  • What can people do with it?
  • What major benefits can your customers derive from your product or service?
  • How does your product or service effectively solve your customers’ key challenges?
  • What is unique in your product or service?
  • How does the very first version of your solution look like?
  • What is the minimum set of features you can build that solves the customers’ problem?
  • What is the order of priority to develop the additional features?

Week 3

 Your Competitors

  • What competitor or substitute solutions are customers using today to solve the problem?
  • How are they positioned in the market compared to you?
  • How does your product or service differ from its competitors and substitutes?
  • How obvious is the difference to your customers?
  • How easily can the competition imitate what you are doing?
  • How can you protect your advantage?

Week 4

 Your Market

  • In what industry are you offering your solutions?
  • What is your market segment and how big is it?
  • How was your market evolving in the past years?
  • What opportunities are driving your market?
  • How will the market’s needs change and why?
  • Are there obstacles that make it difficult to either enter or exit the market?

Week 5

 Your Revenue Model

  • How do you make money from each customer segment?
  • How is your product or service priced?
  • Do you apply a different price for different customer segments?
  • Why is this the best price to succeed in your market?
  • What is the venture’s Break-Even point?
  • How do you plan to Boost Sales?

Week 6

 Your Customer Acquisition, Activation & Retention Strategy

  • How do you get the attention of your customers and beneficiaries?
  • What is the most effective channel to advertise your product or service?
  • Do you print paper brochures or recruit people through social media?
  • Do you pay for an advertisement?
  • What incentives do you give to your customers to keep buying from you?
  • Do you provide After-Sales Customer Service?
  • What key activities do you undertake to deliver your value proposition to customers?
  • What are the results of your communication strategy?
  • How do you help the customers to evaluate your product or service?
  • How do you facilitate, and stimulate the activation/purchase of your solution?
  • How do you create word of mouth about your products and services?
  • How do you plan to acquire new customers?
  • What is your cost to convert a new customer?
  • How do you enable customers to buy your product or service?
  • What type of relationship do you want to establish and maintain with your customers?
  • How do you plan to keep your customers loyal?

Week 7

 Your Operations

  • What do you do in-house and what do you delegate?
  • What are the key processes and operations involved?
  • What are the key activities that are needed to achieve your impact objectives?
  • What overlaps are there between the two sets of activities?
  • Are there ways we can build efficiencies into these complementary activities?
  • What oppositional activities are there?
  • How can we address these so that they are more balanced?
  • What facilities and equipment do you require?
  • What are your needs and challenges?
  • What are the costs to achieve your commercial objectives?
  • What are the costs to deliver and scale your impact? 

Week 8

 Your Business Structure

  • What legal structure does your social enterprise have?
  • Are there special regulations covering your profession?
  • What is the stage of development of your venture?
  • What were the most important milestones to date?

Week 9

 Your Go-to-Market Strategy

  • What is your strategy to develop the business and scale your impact?
  • How will you conquer your market and tackle the social problem?
  • What physical resources are needed for your commercial operations and to ensure you deliver on your impact objectives?
  • Do you need a supply of any type to create and offer your solution?
  • What intellectual resources are needed for your commercial operations?
  • What intellectual resources are needed to ensure you deliver on your impact objectives?
  • Do all the resources need to be located inside your social enterprise, or can some of them be located with and accessed through partnerships?
  • What are your long term goals?

Week 10

 Your Team

  • Who are the key people in your organization?
  • What are their responsibility, skills, and competencies?
  • What benefits do you offer to your employees?
  • Why are you and your team members the perfect team to lead this startup?
  • Why you are the best fit to solve the identified customer problem?
  • What skills or experiences demonstrate that you will be able to attract money, people, and other resources to your organization?
  • How do you split the shares between the team members?
  • How do you ensure it is equitable?

Week 11

 Your Fundraising Strategy

  • How much money do you need to raise to launch your activities?
  • Where will you get this money from?
  • How do you access funds to cover impact costs?
  • Why should a donor/investor put money in your hands?
  • What is the structure of the deal you are offering or seeking?
  • What is the planned exit strategy for investors?
  • What is the anticipated return on investment for investors?
  • What is your desired capital structure? 

Week 12

 Your Partners

  • Do all the resources need to be located inside your social enterprise, or can some of them be accessed through partnerships?
  • What partners are critical to achieving your commercial objectives?
  • What partnerships can help you deliver, strengthen, or scale your impact objectives?
  • What motivation underpins each partnership?
  • How do you structure your partnerships?

For more information on how to apply click on the link below:

https://savvyfellows.com/

 

Tags: EntreprenuersSavvy FellowshipScholarships
Previous Post

Apply Now: Aalborg University Nordplus Scholarships 2021 for International Students, Denmark

Next Post

Do raw carrots raise blood sugar?

Related Posts

Apply Now: MTN Offers Free Digital Platform at Skills Academy

June 17, 2025

APPLY NOW! NigComSat Launches 2025 Accelerator Programme to Support Space-Tech Innovation

June 17, 2025

APPLY NOW! NNPC/Chevron University Students Scholarship 2025 (N200,000 Per Annum and more)

June 13, 2025

APPLY NOW! Full funded Mastercard African STARS Scholarship (MSc Fellowship) 2025 For Africans

June 13, 2025

Leave a Reply Cancel reply

Your email address will not be published.

Subscribe For Updates

RCCG 2022 JANUARY SHILOH HOUR

https://www.youtube.com/watch?v=z5rJDn-4SvE

Categories

Tags

African scholarship Assignment Assingnment And Quiz award Call for Papers Capacity Building Career Careers Conference empowerment encouragement Entertainment Fellowship funding Grant grants ICT Updates INews Inspiration JOBS leadership Lifestyle message motivation News Nigeria opportunities Opportunity Post Doc Fellowship Post Graduate Post Graduate Scholarship Publication Quiz Recruitment Research scholarship Scholarships Seminar Socio-Economic Issues Sports Update VACANCIES Vacancy Wealth Creation Women Workshop

Recent Comments

  • Ubi grace kamsiyochukwu (2022/244636) on SUCCESS TONICS ESSAY INT”L COMPETITION, JUNE 2024 DIFFERENT PRIZES TO BE WON–CLICK HERE)
  • Ojobo maureen Onyemaechi on SUCCESS TONICS ESSAY INT”L COMPETITION, JUNE 2024 DIFFERENT PRIZES TO BE WON–CLICK HERE)
  • Ogbolu Racheal Udoka on SUCCESS TONICS ESSAY INT”L COMPETITION, JUNE 2024 DIFFERENT PRIZES TO BE WON–CLICK HERE)
  • Ogbolu Racheal Udoka on SUCCESS TONICS ESSAY INT”L COMPETITION, JUNE 2024 DIFFERENT PRIZES TO BE WON–CLICK HERE)
  • Ogbolu Racheal Udoka on SUCCESS TONICS ESSAY INT”L COMPETITION, JUNE 2024 DIFFERENT PRIZES TO BE WON–CLICK HERE)

About Dr. Anthony Orji

Dr Anthony Orji

Senior Lecturer, Economics, UNN

Dr Anthony Orji is a Ph.D holder in Economics and a lecturer at the Department of Economics, University of Nigeria Nsukka.

He obtained his B.Sc, Msc and Ph.D Degrees from the University of Nigeria, Nsukka and a Post Graduate Diploma in Sustainable Local Economic Development (SLED) from Erasmus University, Rotterdam Netherlands.

Dr Anthony Orji

Categories

  • Assignment And Quiz (127)
  • Conferences (46)
  • Empowerment (234)
  • Entertainment (214)
  • Featured (225)
  • ICT Update (143)
  • INews (1,383)
  • Inspiration (422)
  • Internships (1)
  • Jobs and Vacancies (343)
  • Lectures and Seminar (57)
  • Lifestyle (513)
  • NESA-UNN (173)
  • News (1,681)
  • Publications (63)
  • Scholarships (742)
  • Socio-Economic Issues (1,213)
  • Sports Update (93)
  • Uncategorized (1,342)
  • Workshops and Seminars (60)

Tag Cloud

African scholarship Assignment Assingnment And Quiz award Call for Papers Capacity Building Career Careers Conference empowerment encouragement Entertainment Fellowship funding Grant grants ICT Updates INews Inspiration JOBS leadership Lifestyle message motivation News Nigeria opportunities Opportunity Post Doc Fellowship Post Graduate Post Graduate Scholarship Publication Quiz Recruitment Research scholarship Scholarships Seminar Socio-Economic Issues Sports Update VACANCIES Vacancy Wealth Creation Women Workshop

Success Tonics Blog © 2022 - All Rights Reserved.

No Result
View All Result
  • HOME
  • ABOUT
  • CONTACT US
  • ADVERT PLACEMENT
  • JOBS AND VACANCIES
  • SCHOLARSHIPS
  • LECTURES AND SEMINAR
  • ASSIGNMENT AND QUIZ
  • Shop
    • My account
      • Checkout
      • Wishlist
    • Selar Store
  • JPY 3 Books Launch by Dr Tony Orji
  • Books & Resources
  • CONTACT US

Success Tonics Blog © 2022 - All Rights Reserved.