Setting up preparatory classes for entrepreneurship would contribute significantly to reducing the failure rate among the expectant business owners. This remains the conviction expressed by the Managing Director of GAINDE 2000, Ibrahima Nour Eddine Diagne, during a panel on the sidelines of the first edition of Planete Startups, held in Dakar on July 26, 2019.
On 26 July 2019, the Théodore Monod Museum of African Art in Dakar hosted the first edition of Planète Startups, an initiative launched by a Senegalese Joëlle Sow, co-founder of Guty, a startup established in France. This meeting will serve as a framework for project leaders, incubators, business leaders, financial experts … to discuss, among other topics: startup financing, national strategy and entrepreneurship, local and foreign startups.
Through his presentation on a panel on “big groups and startups”, mr : Diagne Ibrahima Nour Eddine, president of the African Performance Institute, also known as the Managing Director of GAINDE 2000, emphasized on the necessity of setting up preparatory entrepreneurship classes in Senegal in order to reduce failure rates. “Regarding the entrepreneurial domain, it is remarked that many instruments and systems are implemented at the national level with the international partners support. Mr DIAGNE argues that today, the number of entrepreneurs that make their dreams come true regarding the transformation of their initiatives into success is no longer a challenge. He justifies this situation by the fact that there is no preparatory work in the process.
The Managing Director of GAINDE 2000 also notes that some project leaders who decide to embark on entrepreneurship do not possess a minimum oftools namely logic and experience to be able to avoid the mistakes of their predecessors. As such, he believes that the establishment of preparatory classes can significantly reduce the failure rate among entrepreneurs. Better, it will also help to make the investment profitable. Mr. Diagne argues that at the national level, it is time to imagine how to set up a sort of preparatory class for entrepreneurship that would concern everyone, academics like those who have no academic background. “It’s an unexpensive project and can be very beneficial. Mr DIAGNE Ibrahima Nour Eddine underlines and recall that It belongs to the Governmental authorities, the main orchestrator of success, to take initiatives and durable actions. GAINDE 2000’s Director of Innovation, Mr : Diouf Mouhamed, spoke about the three tools of the ideation process in another presentation. This is the Pestel matrix (political, economic, sociological, technological, ecological and legal); the SWOT model (Strengths, weaknesses, threats and opportunities); the Business Model Canvas (BMC) which is a tool used to transcribe in a simple way the economic model of a company.
These tools promoted by GAINDE 2000 as part of its innovation approach are also used by startups incubated as part of their projects.