The Treasure House Blog

I have received lots of inquiries from applicants especially since the successful ones were shortlisted. Participants keep asking, ‘will YouWiN give money?’ ‘How much is YouWiN going to give us?’ ‘…I cannot see anywhere they have mentioned how much they are giving in this YouWiN.’ And a whole lot of similar questions. These are real concerns and they appear to be true. All the communication from YouWiN so far has not mentioned any monetary benefit, and that is deliberate from them. YouWiN was established to encourage the springing up of new businesses. Under the previous administration, YouWiN provided business training and skills development for 6000 semifinalists, after which they are required to submit business plans and submit other some specified documents like land titles. About 1200 selected from all the geopolitical zones are then shortlisted as finalist and winners and given between N1million to N10 million depending on their business needs. However, one of the bigg...

YouWiN Connect Online Training, what participants must know If you have just been shortlisted for the next stage of the YouWiN! Connect 2017, I want to congratulate you once more. I am sure one of the things topmost in your minds right now amidst the joys of being successful in this stage is "what would the online training look like? never mind, I have a solution for you. This is probably the first time the YouWiN is adopting an online training method, but it certainly isn't the first time online training is being used to train entrepreneurs in Nigeria. But never mind I got you covered on this one.  Here is what to expect in the upcoming online training;  (NOTE: These are not official information or instructions from the YouWiN Connect team. They are only my opinion based on the previous competitive online training I have been involved in and online courses I have taken. Consider these as some intelligent guess from an experience) 1. The training wi...

YouWiN! Connect 2017, what participants need to know Congratulations and welcome to the next stage of the YouWiN! Connect 2017. YouWiN! Stands for Youth Enterprise With Innovation in Nigeria, a federal government project started in 2011 by the then federal government of Nigeria under President Jonathan. The programme gave a grant of between 1 million to 10 million naira each to 1200 youth enterprises (existing and new) every year from 2012 to and 2014. But the programme was rebranded and re-organized to YouWiN! Connect in 2016 by the current President Buhari-led administration, to a multi-media  However, it is not yet clear to many applicants what this re-branded programme will offer them and how exactly it will run.  This article is an attempt to answer some of these questions in the minds of applicants especially those that have been shortlisted into the next stage of the competition.  First; according to information from the YouWiN! Connect team, th...

   There are a number of mistakes that people make when trying to save and invest, which lead to their failure to achieve financial freedom. Here are a number of such mistakes and how you can avoid them. Savings & Investment Mistake #1 To put all your savings in your first investment . This is a very common investment mistake and it leads to capital burnout in the case of business failure or slow returns. You can avoid this mistake by investing only a maximum of 50% of your savings in any new venture. As much as this will affect your potential earning power and profit margin in the case the investment is successful, it will enable you to have some capital to start again in the case that the investment fails. Savings & Investment Mistake #2 To stop saving after investing, with the hope that their investments alone will give them financial freedom . But then they would have nothing to hold onto and would return to square zero should the investment fa...