Date post: | 18-May-2015 |
Category: |
Business |
Upload: | dreamraisers |
View: | 633 times |
Download: | 2 times |
Going into BusinessSurvey
Presented by DreamRaisers
Survey Participants Who are they ?
Survey Participants
Looking for an Oppor-tunity30%
Employed54%
Self Em-
ployed 16%
• 76% of the participants have more than 5 years of experience
• 30% people are looking for an Opportunity
• 54% employed participants
Studying6%
1 - 4 years12%
5 - 9 years28%
10 - 14 years26%
15 - 19 years8%
>20 years13%
No answer6%
Current Status
Experience
Going into Business
Risks??
Opportunity?
Social Pressures??
Business Plans
Cash FlowsCustomers?
Survey Results
Independence
Hobbies
Ideas?
I am happy with my current job
It is too risky for me
I want to, but i have no funds
It will require a lot of time and
dedication
I do not have a business idea
Don't know where to start
No, I will not start a business
0
10
20
30
40
50
60
70
80
21
9
68
30
15
41
10
Issues Starting a Business
Starting Business − People seem to find it difficult to get funds
− Most of them have great ideas but don’t have the skills to run a business
− Are to busy to take the time out to work on something amazing
Motivation for going into Business
Additional income
16% Business as a hobby
7%
Being independent23%
Interesting Market Opportunity12%
Awesome Business idea29%
I want to give back to Soci-
ety13%
Top motivations to go into business are
− awesome business ideas− − dreams of being self employed
− an additional source of income
Type of Business Ideas
0 10 20 30 40 50 60 70
43
66
10
Already in the market, but want to make it better
New & Innovative idea
Complementary product or services (e.g. iphone case)
• 40% of the participants have disruptive ideas for the market
• Others plan on improving existing products
Categories of Business Propositions
application (IOS/Andriod/Windows)8%
Community development10%
Charity1%
Education15%
Technology23%
Franchise9%
Production13%
Research & Development9%
Expansion of existing business11%
Capital Required to Launch
5000 - 10,000 USD23%
10,000 - 25,000 USD28%
50,000 - 100,000
USD21%
100,000 - 500,000 USD
28%
51% of the participants require less than USD 25,000 to make their projects a success
Questions to ask yourself?
− Why has raising capital been such a problem in this region?
− 98% of projects never get funded, why?
How can DreamRaisers
help?
Coming Soon…..
To find out more register with
dreamraisers.com