The Society
for Entrepreneur and Economic Development (SEED) reaches out to
persons with just an Idea, no matter their current circumstances. Through Business
Light, many short video circulated on social media, SEED
invites defined Success, helps plan changes or quickly abandon failures. Business
Direct, teaches vital modules and courses to strengthen the Strategic Plan,
extract a Prospectus to attract Investors and a Business Plan to target
Lenders. SEED offers incubation, via its Grant Funding and Government
Assistance programs, to ideas judged feasible, and monitors process to a stage
of independence through Business
Dashboard, internal and external data which measures current
positions in the Industry.
At every Reward and Award ceremony, not
discounting the motivational and emotional effects, it is necessary to point to
the highly detailed and dynamic Strategic
Plan. The ever-evolving data driven, e-document, which is
designed, formatted, presented and constantly updated by the executive team, modified,
amended and approved by the Board of Directors, and implemented by all Stakeholders,
with its governing short, medium and long-term, tasks timelines, will guide the
way to success. Such a plan has three main functions; to communicate to Shareholders
on the record and to potential Investors via a Prospectus, to extract a
Business Plan for Lenders and to cater adequate responses to known and
unforeseen events.
Using Trusted
Data, much of the issues surrounding renewable energy, in many geographic
jurisdictions, is legal, not commercial. Existing laws prohibit private
electricity generation and supply, with additional regulations hindering usage.
Public Policies in small territories, based on depleting fossil fuels and a
single owner/operator of the nation’s Generation Plant and Distribution Grid,
is outdated. It is critical, with today’s threats and needed security, at a
very minimum to double the supply required to fill the current measures
demanded. Noting that, it is (Future
of Electricity) now physically possible for low capacity generators,
located on the same compound, to supply; hospitals, schools, playgrounds, with
the sale of excess capacity available to the larger grid.
An Apolitical Conservative
Ten Year Budget, constantly reviewed, prioritized, measured and reported by an
independent Office of Budgets, is driven by the rate of available
revenue receipts. Noting that, when such core revenue is down, borrowings, with
interest payments are incurred, further increasing expenditure. Hence, when
revenue is up debt should be the first to be reduced. However, many persons seem
to expect more expenditure without deficit reduction. This is another attempt
to explain to ordinary people things taken for granted. Resource
Preservation, Human Development, Infrastructure Management, Economic Drivers, Fiscal
Policy and Governance.
We speak to Entrepreneurs (Risks Takers), common people who are the very
source of ideas. Ideas to better lives and lifestyles, moving the existing into
future fantasy. Teaching such persons to, firstly, take care of themselves
before others; family, friends, employees, community, etc. Secondly, to create,
design, analyze and produce a sound Strategic Plan to move the idea into
industry. And Finally, to gather the much-needed guidance and support to
incubate and market test the implementation to the next revenue generating stage.
Much more than raising funds, attracting investment and loans, is the growth
and development of the Idea-Promoter, to hire and trust a management team.
Criticisms from far and wide, from expert and lay
persons, must be welcome into the Intelligence. Actionable
Intelligence, using all currently stored information, to make and grade decisions. Decisions, which are communicated along
the lines of the organizational chart and constantly reviewed policies to benefit all stakeholders. Such Policies will communicate all decisions and results, via the Strategic Plan,
on any
particular issue, and must undergo frequent examination of individual policies
or re-examination of the very Business Model by the Board of Directors. The Directorate must issue such instructions
to promote, future improvements and increase efficiencies, and to encourage all
stakeholders to participate in always seeking better results.
Data Driven Decisions, which are the result of
analytical or critical thinking, will form your dynamic and constantly updated Strategic Plan. While extracts from this strategic plan are used, in detail or summary,
to produce; the Prospectus to attract investors and equity funds, the Business
Plan to present to lenders and to justify the projected level of debt
financing, the Quarterly Reports to regulators and the Annual Reports to all
stakeholders. Decisions made to address each relevant issue, with professional guidance
as detailed in the theory section of the corresponding module(s) in the Business Direct program, will strengthen
your Startup or Transformation Idea and map your Business Model’s
success.
Having studied and reflected on country or countries
Economic Indicators; actual,
provisional and estimated changes year
on year. And having detailed and researched the essential and crucial Competitive Intelligence. Armed with your Startup or
Transformation Idea and understanding the constant need for both updated market
indicators and intelligence in designing your Business Model. Now you
must, familiarize yourself with the Common Factors in all business models
across all economic Sectors and Industries. The first or most recent confidential Strategic Plan, driven by
analytical thinking; data sorted into information and analyzed to produce
actionable intelligence, is used to process; structure, implement and assess,
with equal importance, decisions on and about; The Market, The Product,
The Funds and The Resources.
After examining Economic Indicators to understand the
country or countries, which are under consideration to locate productive operations,
and to select targeted markets. Investors of
personal or business time, skills or funds, next must engage in competitive
intelligence (CI). Defining, gathering, analyzing data into information and
testing, disseminating and distributing the resulting intelligence, on and about jobs, products,
suppliers, customers, competitors
and any aspect of the environment; geographical, political, cultural, civil society
and legal jurisdiction, is needed to support strategic decision-making. Such
intelligence is key in formulating the operation’s dynamic Strategic Plan,
which is used to produce fund raising extracts, such as; a Prospectus to
attract equity investors and a Business Plan to raise debt.
Before embarking
upon a career, a job, opening a business or investing funds, one should
understand the targeted country’s economy.
Gross Domestic Product (GDP)
is the monetary value of all the finished
goods and services produced within a country's borders in a specific time
period. GDP, revised and provisional estimates are commonly used to determine
the economic performance and standard of living of a whole country or region,
and to make international comparisons.
