MONEY MANAGEMENT presentation.AyobamideleKalejaiye_04102016_LCCI.ikeja

MONEY MANAGEMENT:

CO-FUNDING AND MUTUAL SUPPORT SYSTEMS

FOR STARTUPS, MICRO ENTERPRISES AND SMES

Dcubeconsulting.comA sub Unit of HOA ( House of Ayokanjay) Group

Plot3, WestSideHouse, Ologolo Rd, igbo Efon , Lekki, Lagos.

The SilverArk, 47 Iwaya Rd., Yaba,Lagos.

[email protected]@[email protected]

08024307980

HOA GROUP

Ayobamidele Kalejaiye 4th,October, 2016

Plot3, WestSideHouse, Ologolo Rd, igbo Efon , Lekki, Lagos.

The SilverArk, 47 Iwaya Rd., Yaba,Lagos.

[email protected]@[email protected]

MONEY MANAGEMENT:CO-FUNDING AND MUTUAL SUPPORT SYSTEMS FOR STARTUPS, MICRO ENTERPRISES AND SMES

Our Services

DCUBE Consulting as a member of DCUBE Metropolitan Projects (wasestablished in 2006 as the consulting and Process Optimization arm ofHouse of Ayokanjay.

House of AYOKANJAY as a brand for 15yrs has leveraged on its ability toprovide quality and world class results in a continuously dynamic,emerging and volatile developing economy to provide project/businessresources to its various clientele which ranges from individuals,celebrities to corporate and social organizations.

MONEY MANAGEMENT:CO-FUNDING AND MUTUAL SUPPORT SYSTEMS FOR STARTUPS, MICRO ENTERPRISES AND SMES

History

MSMEs are the new catalysts for national and economic stability for changeand national transformation. Sadly, it is a known fact that Africa in Diasporais saddled with the problem of leadership, Negligence, Brain Drain, andcorruption. Various policies and institutional frameworks and regimes havebrought hope for change which did not manifest or survive hence the needto ensure that Business Development and Process optimisation is used as astrategic tool to foster change in all sectors and segments of societyespecially at the microenterprise and SME levels.

We intend to start, and if started join the process of taking BusinessDevelopment and Process Optimisation to the grassroots to include SMEs,Microenterprises, and students at all tiers of education.

MONEY MANAGEMENT:CO-FUNDING AND MUTUAL SUPPORT SYSTEMS FOR STARTUPS, MICRO ENTERPRISES AND SMES

We Need You

Practical Money rules we know ….

But DO NOT FOLLOW!!

Money Management

Expense Diary

• learn how finances work in your life

• Locate where your money is going

• Help you to live within your income

A Spending Plan will

Show you where to cut spending

Provide methods for keeping good records of spending

Allow you to spend money without feeling guilty

Create a way to measure your progress

Improve communication with other people

Step 1: Assess Needs

Make a realistic list of needs and wants

Needs WantsFood Lots of Money

Clothing Cell Phone

Housing VCR or Big TV

Transportation New Car

Child Care Designer Jeans

Insurance Vacations

Medicines Boat

Titan Tickets

Step 2: Set Goals

Make sure your goals are SMART…

Specific- Clearly state what you want to do

Measurable- Measure by time and/or money needed

Attainable- Make sure your goal is realistic and possible

Relevant- Make sure goals fit your needs

Time related- Set a definite target day (day/month/ year)

Step 3: Make a Plan

Put things in Priority Order- Imagine the actions you need to take to get from where you are now to where you want to be.

Goals are dreams with deadlines!

Two Parts of Money Management

• The money that comes in - INCOME

• Regular take home income

• The money that goes out – SPENDING

• Must know what you are spending to develop a plan for managing your money.

• Three type of expenses

SAVINGSIt’s never impossible to save money, no matter how small

the amount.

FundingFunding is the act of providing financial resources usually in the form ofmoney, or other values such as effort or time, to finance a need, program,and project, usually by an organisation or government. Generally, thisword is used when a firm uses its internal reserves to satisfy its necessityfor cash, while the term ‘financing‘ is used when the firms acquires capitalfrom external sources.Sources of funding include credit, Venture capital, donations, grants,Savings, Subsidies, and taxes. Fundings such as donations, subsidies, andgrants that have no direct requirement for return on Ivestmentsaredescribed as "soft funding" or “crowdfunding". Funding that facilitatesthe exchange of equity ownership in a company for capital investment viaan online funding portal is known as equity crowd funding..Funds can beallocated for either short-term or long-term purposes.

A little digression…….

Economics The flow of funds from lender to borrower.In economics funds are injected into the market as capital bylenders and taken as loans by borrowers. There are two ways inwhich the capital can end up at the borrower. The lender can lendthe capital to a financial intermediaries against interest.

These financial intermediaries then reinvest the money against ahigher rate. The use of financial intermediaries to financeoperations is called indirect finance. Lender can also go thefinancial markets to directly lend to a borrower. This method iscalled direct finance.

Capital distribution framework

What Do They need?!?!

Teaser: Business Cases….

“BusinessFever”Entrepreneurs with a business concept would want toaccumulate all the necessary resources includingcapitals to venture into a market. Funding is part of theprocess, as some businesses would require large start-up sums that individuals would not have.

These start-up funds are essential to kick start abusiness idea, without it, entrepreneurs would nothave the ability to carry out their concepts in thebusiness world…..This could really be #fustrating!!#pics!!

#Our Delimma.. @56#

Way Out!! …Interactive..

Alternative..

• Co-Funding and Mutual Support Systems

•Shared Resourcing

EXAMPLES

• LAPO NGO• AKOKA CDA MULTIPURPOSE SOCIETYCOOPERATIVE• BUSINESS CLUBS• What is Cofinancing? The ADB way! Asian Development Bank

ADB’s mandate to reduce poverty in Asia and the Pacific requires a scale ofinvestment that can only be partially delivered through its own resources. Torespond to the growing needs of the region, ADB works jointly with internationaldevelopment agencies, multilateral and bilateral institutions, the private sector,and other emerging development partners to fund activities that improve people'slives in the region.

• Cofinancing is a well-established way of working for development. Donors,multilateral institutions, and development agencies come together to assistdeveloping countries with a variety of projects to improve people’s lives. Whenpartners jointly finance a program or project, they each bring the best they canoffer to the deal. Done well, cofinancing leverages the resources—funding,knowledge, and expertise—of all partners, to the greater benefit of the poor.

CONCEPTS

ACTION PLAN!!

• JOIN OR START … DONOT COMPLAIN!!!

• IF YOU NEED HELP….#SMILES … CONTACT ME

• STARTING DCUBE CAPITAL INITIATIVE THIS MONTH…. YOU ARE WELCOME TO JOIN OR GET MORE DETAILS.

OUTRO….

If Africa needs to rise it needs the right mentality not government...I did a research on Lapo NGO.. It GREW from a micro creditcommunity initiative in the 1980s to a holdings enterpriseemploying lots of youths across various states and gives out financeto businesses in excess of 1Billion $ annually..One mans dream..Communal support... A transnational pride..

Really the point here is this.. Enterprise and business is gearingtowards the social era with globalisation .. So the managementtheories of profit maximisation alone is not enough ..this is the eraof a new currency social networth.. For instance see Facebook,Google .. Data is the new world business .. U profit when u masterhow to get repeated micro units of profits leveraging on sustainablesocial networth of people globally In summary money is a means ofexchange not wealth ..wealth is created through value creation interms of goods and or services.

May God bless our Enterprises!

Ayobamidele Kalejaiye4th,October, 2016

08024307980