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Global Entrepreneurs Association

GEA- SELF HELP BUSINESS GROUP

 

INTRODUCTION TO SHBG:
Definition: What is a Self- Help Business Group?

    A Self- Help Business Group is a collective of entrepreneurs who come together to support each other in key business areas such as market sharing, customer service support, and mentoring. Each entrepreneur runs their own business independently, while
the SHBG provides shared
resources and support.

Purpose: To reduce individual
business costs, enhance market
presence, and foster business
growth through shared resources and collective expertise.

Mission:
To empower individual
entrepreneurs by providing
shared marketing, customer
service, and mentorship support, enabling them to grow their businesses more efficiently and effectively.

Vision:
To create a thriving network of successful entrepreneurs who, through shared resources an collective efforts, achieve
sustainable business growth and long-term success

HOW IT
WORKS?:

Individual Entrepreneurship:
Each member develops and manages their own business independently. Shared Marketing: The SHBG pools resources for marketing efforts, allowing members to share the costs of advertising, branding, and
promotions.

Customer Service Support:

The group provides a shared customer service platform, enabling members to offer consistent and professional customer support without bearing the full cost individually. Mentoring and Skill Sharing: Members have access to a network of mentors and peers who provide guidance, advice, and best practices to help grow their businesses. Three-Year Success Business Plan: The SHBG works with each member to create a tailored -year business plan, focusing on growth milestones, resource allocation, and risk management.

SYSTEMATIC OPERATIONAL PLANS:


Year 1:
Foundation and Initial Growth formation of SHBG and onboarding of members. Initial pooling of resources for marketing and customer service support. Development of individual business plans with SHBG guidance. Launch of shared marketing campaigns
and customer service platforms.

Year 2: Expansion and Scaling:
Expansion of shared marketing efforts to reach broader audiences Regular mentoring sessions to address challenges and explore growth opportunities. Continuous improvement of customer service support based on feedback an performance. Mid-year review and adjustment of individual business plans.

Year 3: Consolidation and Sustainability: Focus on sustaining business growth through diversified strategies. Increased collaboration among members for joint ventures or partnerships. Finalization of the 3-year plan outcomes and setting the stage for long-term sustainability. Preparation for new members and potential expansion of the SHBG.

Mission Alignment: 

Demonstrate how shared resource reduce costs and increase efficiency empowering each entrepreneur to focus on core business activities.

Vision Alignment:

Showcase how the SHBG fosters a collaborative environment where entrepreneurs can thrive through mutual support and shared successes.

Benefits of SHBG Membership Cost Reduction:                                            Shared marketing and customer  service expenses lower individual financial burdens.

Enhanced Market Reach:           Collective marketing efforts lead to greater visibility and bran recognition.

 

Access to Expert is  Mentorship and peer support provide valuable insights and guidance.

Structured Growth:                                  The 3-year business plan offers a clear roadmap for success.

Potential Challenges:                     Coordinating shared resources among diverse businesses. Ensuring equal access to mentoring and customer service support.

Proposed Solutions:                       Establishing clear guidelines an processes for resource allocation. Regular evaluations to ensure all members benefit equally from SHBG services.

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