Start Your Business and Create Wealth Seminar at Makerere University 21 February 2012 21 February 2012 Mr. Juvenal Turatsinze, BEng, MA Founder of Africa Do Business Ltd www.africa-do-business.com
Live a Life of Purpose • Who are you now and where are you now? (Physically, Economically, Socially, Intellectually, Spiritually,) • Who and What do you want to become? • What is your Vision? • What is your Vision? • What are your goals? (Intellectual, Economical) • What do you want to achieve? (1 year, 5 years, 10 Years, 20 years, before you die) • What will be your legacy? www.africa-do-business.com
How to Become Successful? “If we did the things we are capable of, we would astound ourselves”. Thomas Edison 1,093 indivdual indivdual patents: light bulb, phonograph, electric motion picture camera, etc. www.africa-do-business.com
Become an Entrepreneur (what you are and how you think) • Apply your knowledge for economical gain • Use what you know and what you have to create wealth or a better living • What are you the best at? • What are you the best at? • If you did not have to work, what would you do? (Passion) • What would you like to dedicate to? www.africa-do-business.com
Become an Entrepreneur (cont.) • Think of something you can do better by utilising your knowkedge and skills • What can you initiate or do that can make a positive change? What is it? positive change? What is it? • Be visionary, positive, self confident, Risk taking, committed, perseverant, … www.africa-do-business.com
Agriculture and Food in Africa • Africa failing in Agriculture. Why? • Chronic Hunger and Malnutrition • Expensive food (more than 30% of HH income) • Imports (Sugar, Rice, Wheat, etc) • Imports (Sugar, Rice, Wheat, etc) • What can we do about? Is it possible to address this situation? • YES = Move from Subsistance Agriculture to Market Oriented Agriculture www.africa-do-business.com
Tranform Agriculture Modern technics Food Processing www.africa-do-business.com
New Mind Set, New Ideas, …. • Diversify • Increase production • Improve productivity • Add value • Add value • Market, Sell • Research, Innovate and Develop • Learn from others, change and act www.africa-do-business.com
Do Business • Business is what you do • Things you like to do - Passion • Things you are good at – Knowledge and Skills • Idea Generation • Idea Generation • Brainstorming • Evaluation of the Idea • Peers and friends www.africa-do-business.com
Agri-Business • You do Agriculture because you like it and you you are good at it • Where are agri-business opportunities? • Food is the most wanted commodity • Food is the most wanted commodity • Various Crops • Crop value chains • Products and services www.africa-do-business.com
Agri-Business Opportunities • Food not available or not accessible • Poor quality and low value of food products • Food imports (million of US$) • Food price hikes • Food price hikes • Food wastes www.africa-do-business.com
Agri-Business Opportunities (Cont) • Food diversfication – new products • Food production, processing, distribution, marketing • Research and Development • Research and Development • Services: Consultancy www.africa-do-business.com
Soya Bean – A Business Opportunity • Soya bean, a miracle crop in Asia, USA • Has contributed most to building food security in America and Asia • Is a cash crop in developed countries (USA, • Is a cash crop in developed countries (USA, Brasil, Argentina)- quoted on stock exchanges • Utilisation in Animal feeds and Human foods • Require minimum capital investment www.africa-do-business.com
Soya Bean Production Soya Bean Plantation Soya Bean Seeds www.africa-do-business.com
Soya Business Opportunities • Production: production and distribution of seeds, production of inputs (ex. Rhizobium), production of soya bean grains • Processing: Animal feeds, human foods: oil, flour, milk, tofu, yogurt, Tasty Soy Protein (TSP), etc. milk, tofu, yogurt, Tasty Soy Protein (TSP), etc. • Distribution: Transport, Packaging, Whole sales, retails • Marketing & Sales: soya inputs, soya products, soya machinery, soya restaurants, etc. • Services: Consultancy, R&D, Extension services, etc. www.africa-do-business.com
Soya Products www.africa-do-business.com
Soya Businesses Profitability Investment < 100 US$ <1,000 US$ <10,000 US$ >10,000 US$ Production of Plantation up to Plantation up to Plantation up to Plantation 1 acre 10 acres 100 acres beyond 100 grains or acres seeds Processing up to 50 litres Up to 200 lr/day up to 500lr/day Soya foods or per day with per day with with an soya with an soya with Soya Cow with Soya Cow Animal feed Animal feed (soya millk, (soya millk, electric blender milk maker systems or up to Manufacturing tofu and soya 1 ton of soya with automatic frour) flour units Distribution of Retail Sales of Whole sale of Transport and Trade and milk on a bike of grains on local grains; Soy distribution of Services 50 lit minimum market ; restaurant grains Consultancy 500 US$ 5,000 US$ 10,000 US$ 50,000 US$ Possible Annual Profits
Soya Machinery Soya Cow – up to 5,000US$ Grain Mill – up to 10,000 US$ www.africa-do-business.com
Conclusion • Let us make Africa free from Hunger and malnutrition • Not by Aid but by Agri-Business • It is up to you, to us all to make right choices • It is up to you, to us all to make right choices • Let us make a difference in our lives and in the lives of others • Yes, Africans, We Can Do Business! www.africa-do-business.com
Thank You www.africa-do-business.com
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