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My name is Andra Nnaji am a young entrepreneur from Nigeria. Ask me anything about a business start-up and owning a business.

Landra_beauty
Nov 10, 2017

I just started my own business and it's Growing very fast,  I sell beauty product and I have a great passion for this. I know how challenging it is to start your own business especially when your just starting. With more hard work and determination my business should improve more in the next one year. So now u can ask me anything about building your business. 


Update (Nov 10, 8:29AM EST):

Landra_beauty says:

My Instagram ID is @landra_beauty

https://www.instagram.com/landra_beauty/

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Conversation (52)

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What is your goals?

Nov 12, 11:42AM EST0

What inspired you to do makeup? 

Nov 10, 12:21PM EST0

Having known that makeups leaves people vulnerable to cancer and other related skin diseases, how do you suggest they handle that? 

Nov 10, 8:03AM EST0

Only wear makeup when really have to, and always sleep with a clean face. 

Nov 10, 8:06AM EST0

Where do you get your supplies?

Nov 10, 6:27AM EST0

From US and China

Nov 10, 8:07AM EST0

How old are you?

Nov 10, 6:04AM EST0

23

Nov 10, 8:34AM EST0

Do you also offer an ounce of household remedy/DIY beauty tips to maintain natural beauty to your customers?

Nov 10, 2:19AM EST0

No I don't.. 

Nov 10, 4:41AM EST0

What have been your challenging moment

Nov 9, 5:29PM EST0

The most challenging thing for me so far, is the fact that am struggling with getting some people who have purchased my product to pay up. 

Nov 10, 4:43AM EST0

With over a thousand competitor in this type of business, how/what did you do to  reach the market?

Nov 9, 12:36PM EST0

I use most of my products, cause when people see them on you they become interested to buy. And I also do alot of marketing online. 

Nov 10, 4:48AM EST0

What are the key assumptions underlying your projections?

Nov 9, 10:23AM EST0

What are the key metrics that the management team focuses on?

Nov 9, 10:19AM EST0

Do you have a Facebook page I can follow?

Nov 9, 10:18AM EST0

No am sorry I don't. I only use Instagram, snapchat and whatsapp. 

Nov 10, 4:36AM EST0

What are the two or three key features you plan to add?

Nov 9, 9:56AM EST0

Do 20% sales off all products during celebration period. 

Nov 10, 4:50AM EST0

What is the projected lifetime value of a customer?

Nov 9, 9:12AM EST0

Long term. 

Nov 10, 5:25AM EST0

How much burn will occur until your business gets to profitability?

Nov 9, 9:00AM EST0

I can't give an exact figure.. but just know that in the beginning of the business you will burn alot of profit. 

Nov 10, 5:27AM EST0

How much is your capital? 

Nov 9, 4:46AM EST0

300 thousand naira only

Nov 10, 4:38AM EST0

What advantages does your competition have over you?

Nov 9, 2:49AM EST0

The quality of my product is very good, and the pricing of my product is way cheaper than others. 

Nov 10, 4:40AM EST0

How does the company market or plan to market its products or services?

Nov 8, 10:23PM EST0

With the kind of business I do.. it's mostly marketing online. On as much social platforms as possible. 

Nov 10, 5:29AM EST0

Compared to your competition, how do you compete with respect to price, features, and performance?

Nov 8, 9:26PM EST0

For the type of product I sell.. my product is way cheaper than most people that do the same busniess. 

Nov 10, 5:33AM EST0

Who are the business' competitors?

Nov 8, 6:43PM EST0

In my line of business u can really never know. 

Nov 10, 5:33AM EST0

What are your unit economics?

Nov 8, 6:19PM EST0

What gives your business a competitive advantage?

Nov 8, 2:44PM EST0

It is really of good quality and I usually like my product to speak for itself cause... I trust what I sell. Also my product is way cheaper than what it is sold here in Nigeria. 

Nov 8, 6:16PM EST0

What is the business social media strategy?

Nov 8, 2:40PM EST0

My strategy is to always post, and always put harshtags underneath every post. 

Nov 8, 6:19PM EST0

What is the typical sales cycle between initial customer contact and closing of a sale?

Nov 8, 2:24PM EST0

What is your goal for your business in the next year?

Nov 8, 2:23PM EST0

Right now I am still on a nationwide level.. so in one year i am working towards making it worldwide. And also get a small work office. 

Nov 8, 6:22PM EST0

What comfort do you have that the business intellectual property does not violate the rights of a third party?

Nov 8, 12:42PM EST0

What advertising will do you do?

Nov 8, 12:21PM EST0

I try to advertise my product as much as I can on all my social media both my personal and busy pages. 

Nov 8, 5:27PM EST0

Sorry business*

Nov 8, 5:28PM EST0

What have you learned from early versions of the product or service?

Nov 8, 12:04PM EST0

What has been the principal reasons for you when starting your business?

Nov 8, 11:56AM EST0

The love I have for rich,  authentic and affordable product. 

Nov 10, 5:37AM EST0

What do you see are the principal risks to the business?

Nov 8, 11:51AM EST0

For me it's the people who buy and find it hard to pay up. 

Nov 10, 5:38AM EST0

What future equity or debt financing will be necessary?

Nov 8, 11:11AM EST0
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