BUSINESS QUIZ is a free business questions and answers series designed to brighten and enhance business knowledge and skills to encourage entrepreneurs and other professionals to grow their business and as well assist intending business owners to start a business.
Market research proves that the major causes of business failure include lack of business skills and inadequate access to fund to start or grow a business.
According to our market research 80% of all people going into business fail within five years.
Further, 88% will not be around at year ten.
That leaves only twelve successful people in 100! These statistics are truly alarming and discouraging.
In this part of the world people go into business and become entrepreneurs to gain appreciable level of personal and financial independence in order to serve their goals and commitments in life.
Yet the majority of the businesses fail!
WHY DO SO MANY ENTREPRENEURS FAIL?
Most entrepreneurs fail because they go into business blindly without the necessary skills to run the business.
Most business cannot afford sufficient capital to start a business or sustain an existing business as a result the business starves!
If business starvation is unaddressed it will eventually lead to business closure.
SO WHAT DO WE DO TO ADDRESS THIS PROBLEM?
Government, individuals, organizations should adopt methods to promote and develop SMES.
SKIDI, an NGO has adopted an effective method to address these challenges. If SMEs can simply adopts
Acquisition of sufficient business skills and look out for access for fund to supplement business activities then their problem will become a matter of history.
Skills and Ideas Development Initiatives (SKIDI) suggested going for a weekly interactive quiz contest dedicated to business owners that would
be interested to participate.
The brain behind the quiz is to enhance
business skills and provide opportunity for business financing.
The quiz contest will test the knowledge of entrepreneurs in all aspects of business such as operation, marketing, management, finance, ICT,
investment, brands and the stock market.
As a business owner, business quiz will prepare and empower you for business success and keep you abreast of business and economic views.
The quiz also aims to emphasize the importance of business intelligence in an enterprise especially (SME).
Apart from promoting your knowledge as a business owner it will also serve as a platform for financial empowerment to start or grow your business.
Every week you are opportune to win prizes in cash or business equipment.
For instance actual or prospective business owner that got appreciable business skills to manage a business but lack the needed fund to start or
grow can go for a business quiz contest in order to gain access to win cash that can be pooled into business.
In other words a business can fail as a result of inadequate business skills especially if one starts business blindly without prior business
Skills. A business is bound to collapse no matter the available capital if it is not properly managed.
Business quiz sharpens your business know-how, equips you with proper management skills and keeps you abreast with business trends every week.
If you can’t afford to participate, you are advised to be a spectator.
Other Benefits of getting involved in Business Quiz
Develops business skills and quotients
It gives you opportunity to network with likeminded business persons as; you make contacts with them during the quiz. They can become prospective customers or clients to your business.
Every business has challenges; Business quiz helps to address business challenges and brings success.
It asks questions and brings solutions about innovative topics in business
It highlights real-world business ethics
It equips you with your newest favorite brands
It potentially gives your ego a boost
It might be trivial, but you just might learn something new
The quiz contest attracts fantastic prizes in cash and business
Equipments every week. You can play and win as many times as possibleRemember: increased acquisition of business skills overtime develops business acumen and you can become the BIG ENTREPRENEUR you hoped for. The quiz is a battle ground for the sharpest knowledgeable
Entrepreneurs.
It will be a test of business knowledge and at the same time a tool for business skills and financing.
The more often you play the quiz, the higher the propensity to win cash or business equipment that can sustain your business.
NOTE: The ultimate objective of the Quiz contest is to guarantee you fund to start or grow your business and boost your business skills.
- Develops business skills and quotients
- It gives you opportunity to network with likeminded business persons as;you make contacts with them during the quiz. They can become prospective customers or clients to your business.
- Every business has challenges; Business quiz helps to address business challenges and brings success.
- It asks questions and brings solutions about innovative topics in business
- It highlights real-world business ethics
- It equips you with your newest favorite brands
- It potentially gives your ego a boost
It might be trivial, but you just might learn something new
The quiz contest attracts fantastic prizes in cash and business
equipments every week. You can play and win as many times as possible
Remember: increased acquisition of business skills overtime develops
business acumen and you can become the BIG ENTREPRENEUR you
hoped for. The quiz is a battle ground for the sharpest knowledgeable
entrepreneurs. It will be a test of business knowledge and at the same
time a tool for business skills and financing.
The more often you play the quiz, the higher the propensity to win cash
or business equipment that can sustain your business.
NOTE: The ultimate objective of the Quiz contest is to guarantee you
fund to start or grow your business and boost your business skills.
FORMAT OF THE QUIZ
To be eligible for participation you must be in business.
For Business owners operating outside Lagos, Nigeria.
If you operate your business outside Lagos Nigeria you will be offered a
suitable provision for your contest. Call to confirm before you register
A team will comprise of CEO of the organization or representatives of the
management team. Participants should have their business identity card on the day of the uiz.
The registration fee is varied. Fees starts from N500 (five hundred naira).
Cheques or cash to be made payable to SKILLS AND IDEAS
DEVELOPMENT INITIATIVES (SKIDI). BANK PHB ACCOUNT
NUMBER:1190052652
SEND YOUR DETAILS (Name, Business Address, Phone Number or
email, TO businessquizmaster@gmail.com text to: 08035063809
When we receive your registration notice, we shall send the QUIZ DATE,
TIME, AND VENUE INSTANTLY TO YOU VIA YOUR PHONE OR EMAIL.
In this quiz business owners form teams and will be subjected to written
or oral elimination round of about 20 questions at the start, Out of them
3 entrepreneurs will then be invited for five rounds of live business quiz
questions from whom the winners will be selected. The rounds will
consist of questions from business intelligence, management,
Operations, ICT, Media and Advert, Marketing, Human Resources,
Brands & Nigerian politic and economics
Apart from the winner, first runner up and second runner up there are
several other prizes for the audience.
The quiz is conducted every Saturday Evening at Pubs, Event centre and
Public Halls. It is fun, exciting, knowledgeable, inspiring but
challenging.
Questions are tailored to suit knowledge needs of business owners.
The decision of the quizmaster is final.
This is the first forum in Africa where business owners recharge their
brain taking place across the nation every week and plans to extend it to
other African countries is in the pipeline.
BUSINESS QUIZ is a brain child of SKILLS & IDEAS DEVELOPMENT
INITIATIVES (SKIDI) a non governmental organization registered as
incorporated Trustees CAC/IT/NO 31857. SKIDI mission encompasses
SPONSORSHIP/ PARTNERSHIP
SPONSORS/PARTNERS RECEIVE MAXIMUM EXPOSURE TO THE WEEKLY BUSINESS QUIZ CONTESTS THAT IS SCHEDULED TO TAKE PLACE NATIONWIDE.
BUSINESS QUIZ IS DESIGNED TO BE ORGANISED AND HELD IN NIGERIAN MAJOR CITIES
Interested parties, associations, companies or individuals are invited to contact the Business quizmaster and The Head of missions, Skills & Ideas Development Initiatives (SKIDI).
We meet for a roundtable discussion with you and other stakeholders and then proffer ways this programme can as well promote your organization as a partner, sponsor or volunteer.
After the roundtable discussions, we will briefly contact you by phone or email if follow up is necessary.
This is an opportunity for anyone or organization targeting business customers to partner with us and rely on our effort
OTHER SPONSORSHIP OPPORTUNITIES INCLUDE
SPONSORSHIP/PARTNERSHIP OPPORTUNITIES
You have the opportunity to be associated with these events/programmes by way of sponsorship. The sponsorship will include:
v Branding opportunity at the programmes venue by way of signage or entrance
v Premium or sample give away opportunity for your products or services.
v Logo included on all printed promotional Newspaper and magazines, advertising with message “IN CONJUNCTION WITH”
v Name included on all promotional radio commercials aired on the radio stations.
v Logo displayed on Quiz Materials and presentation slides
v A personal endorsement by the management of the NGO (SKIDI)
v Access to the invitation list for following opportunities and other business relationships.
v Other sponsorship opportunities shall be initiated when we meet face – to –face or at the stakeholders roundtable meeting.
For this purpose, you are therefore cordially invited with this letter to get involved and provide your ideas.
SMES needed to have greater level of connectedness and responsiveness to their communities in Nigeria and other parts of Africa. But the fact is that this collective power is being underestimated for quite a long time.
SKIDI is keen to ensure that these challenges are addressed by ensuring that SMES are the beneficiaries of this Fund and Skills enhancement project.
Small and Medium Sized enterprises make up to 90% of all businesses in Nigeria and its very important to give them a voice in the fight for access to finance, business networking and proper management skills.
SMES in Nigeria stand to gain competitive advantage over her global counterparts if they are giving opportunity to lead, and demonstrate competence in business management.
Please feel free to ask any question that you may have.
Notice of interest should be provided via email to the following email address skidinet@gmail.com or call Henry @ 08035063809 within one month from the reception of this letter for follow up.
We encourage you to register your interest. Looking forward your kind reply
Best regards,
Henry Ogochukwu
Head of Missions
SKIDI
Sponsorship and Partnership are invited from organizations and
individuals who have passion for the development of Small and Medium
Sized Enterprise (SME) in Nigeria.
We need to create awareness for entrepreneurs and Small Business
owners about the importance of this programme to their enterprise.
Your business will be promoted verbally on a big screen at the quiz
venues, on papers, display advertisements and other media Subsequent
patronage for your kind of products or service.
The following Promotion shall take place
• There will be local public relation about your organisation and business in the local press and the venue where the quiz shall be organized subsequently.
• Logos of your brand will beinserted on the quiz questions and answers papers and probably the quizmaster/mistress kits
• There will be in-depth promotion on air on various media (Newspapers, magazines, radio and TV
• Business Networking Programme (where SMEs and business owners network for business success) shall be organized in major cities in the name of your Brand
• We shall confirm further promotional activities in due course.
Get in the sponsorship now before your competitor’s do!
Thanks for taking the time to read this and I hope you will soon be
counting on us to promote your Brand.
And for you Business Owner! Play the Business Quiz, beat the odds and
have your business soar so you can achieve your life goals and
commitments.
If you have any more questions you can email or call me: 08035063809
or email businessquizmaster@gmail.com
