TEF 2019 Application Guide With Case Studies And Advice (Part 2)

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TEEP 2019 Application Guide: How To Apply For The Tony Elumelu Foundation (TEF) Program, TEF 2019, Part 2.


TEF 2019 Application Guide Cont’d…



About Me;

Tell us about yourself, a personal bio and what led you to become an entrepreneur (200 words).

In this sub-section, fill in your age, place of origin, family background, level of education attained, marital status, etc. How have these aided or affected your life as an entrepreneur? Write about them. We would give an example;

My name is Adeniyi Ogunsanya. I’m 30 years old. I am from Ife in Osun State, Nigeria. I have a B.Sc. in Political Science from the University of Port Harcourt, Nigeria. I have always loved the idea and concept of entrepreneurship. Fortunately, I come from a family of entrepreneurs. I have been involved in running my parent’s business since I was a kid and loved the experience. I have always loved and appreciated entrepreneurs, as a result, I knew I would become an entrepreneur. Some specific reasons why I want to become an entrepreneur are;

  • To be in control of my time, future and financial condition
  • I want to create a change in, society through the positive power of business
  • I see entrepreneurship as a platform to contribute my quota to the progress of society.
  • I am a passionate learner and I see entrepreneurship and a constant learning ground
  • I don’t want to live the conventional life, e.g. the 9-5 life, 25-65 working age, etc. I want to create my own life.

Check the TEF 2019 E-book Guide for an extremely detailed guide for the sub-section, which includes more reason on why you may want to be an entrepreneur.

Leadership Skills & Experience:

Describe your leadership skills and experience for running the business (100 words).

The TEF 2019 Application Guide would start by listing some very important leadership skills required to run a business.

  1. Being Visionary
  2. Charisma
  3. Character
  4. Organizational Skills
  5. Accountability
  6. Responsibility
  7. Being Self-driven, self-motivated, proactive
  8. Integrity
  9. Time Management and Risk Management skills
  10. Confidence
  11. Decisiveness

What leadership experience have you had in the past that is enviable? That can help in your business. Fill it in form of a clear, concise statement with help from the list above. Fill in any business skills you are known for and how it can impact your business. The list is endless. You should describe how you have applied these skills in your business and the possible result obtained. In our ebook guide, we have


Personal Achievement:

Tell us something impressive that you have personally built or achieved (100 words)

We all have something important that we have achieved or built in the past. It could be as far back as during our primary school days, or even secondary school. It could be during your University days.

Examples of personal achievement or things personally built may be

  1. Winning the Cowbell Mathematics in my State while in JSS3
  2. I created my first mobile app at the age of 17
  3. Building and running a successful
  4. Graduating with a First Class Honors.
  5. Finishing as the best graduating student in my class.

You can check the TEF 2019 E-BOOK GUIDE for examples of something impressive that could have been built or achieved. Remember, every human being is unique and must have done something impressive in the past.



Business Purpose;

What is your motivation for this business? (100 words)

Every business has a purpose. The business purpose is different from Mission, vision and values. Your business purpose is why you are running your business.

Your business purpose is the reason you have formed your company boiled down to a single sentence (or two). It can be industry-specific or general enough to include ancillary and future business activities.

Writing a business purpose statement comes down to answering one important question: why is your company in business?

The purpose of your company is to provide a certain service or product to your clients. The statement of purpose should, therefore, illustrate how you will improve the lives of those you serve.

Not only is a business purpose statement a good thing to have, but it can also provide a competitive advantage over companies without such a statement. Also, the purpose can be used as a guide to dictate company actions. If a certain decision does not align with the business’s statement of purpose, it shouldn’t be acted on.

Examples of Business Purpose Statement From The Tef 2019 Application Guide

See 2 (two) examples of Business purpose statement in complete form in our E-book guide.


Other Business Details

The next step is to fill your Business/Company Name, Street Address of the Business, State/Province/Region of the Business, City/Town of the Business, Postal Code of the City/Town, the Business Website and then some important questions below.

While your business may not yet be operational or registered, it is important to fill in this information. Selected applicants may update these details as necessary.

If your business is still in the idea stage, please indicate where your business would be registered/situated. If your business is existing, please indicate the name of the country where your business is registered.

Advice: Filling in a website is not compulsory but the TEF 2019 Application Guide recommends it. Send us an email on Teepguide@gmail.com or call us on 0813229844 if you need a business website within 10 days. We are affiliated with Web Developers and business registration lawyers and agents.

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