Founders Factory Africa (FFA) is a pan-African company investing in transformative early-stage ventures, from founders with an idea to ventures raising a Seed round.
They are recruiting to fill the position below:
Job Title: Business Support Coach
Location: Lagos
Employment Type: Full-time
About the Role
The Business Support Coach will play a crucial role in supporting entrepreneurs sourced directly from the market who meet the specific eligibility criteria for the Business Support Accelerator.
These entrepreneurs are distinguished by their operation of a registered business that is less than five years old, offering a product or service with proven market viability (minimum MVP) and demonstrating at least six months of revenue generation.
Additionally, they must be fully committed to their business full-time and available for the entire duration of the program.
The coach will guide these entrepreneurs through intensive development stages, leveraging their refined business ideas and models to help them effectively utilise a $5,000 grant to scale their business initiatives.
The coach will be instrumental in guiding these entrepreneurs through a structured 12-week program aimed at achieving key outcomes in market alignment, customer traction, and operational understanding.
Key Responsibilities
Month 1: Business Deep-Dive and Analysis
Support the entrepreneur to conduct a comprehensive review of their business’s customer engagement, product viability, and business strategies
Participate in bootcamps, workshops, webinars, and 1:1 coaching sessions
Support entrepreneurs to identify critical success factors and develop actionable pathways for entrepreneurs
Month 2: Strategy Development and Execution
Support entrepreneurs to identify the best strategies and gain clarity over actionable steps needed to unlock their business growth
Support entrepreneurs to execute strategies to address identified gaps and enhance the skills of the founders and their teams
Support founders to be accountable in implementing effective and targeted business strategies addressing their identified needs
Month 3: Growth and Scaling Strategy Implementation
Guide the development and execution of growth and scaling strategies
Support the entrepreneur to strengthen their business’s fundamentals to prepare for scaling
Support entrepreneurs to develop and execute strategies that lead to sustainable revenue growth and reduced costs
Support entrepreneurs to foster broader social impact by enhancing market value and creating more jobs
Engagement Framework:
The Business Support Coach will engage in a series of structured activities designed to unlock business growth. The engagement required is approximately 12 - 13 hrs in a week excluding the bootcamp duration that requires full-time engagement. The framework below outlines the interactions and expected outcomes across different engagement types starting 5 August 2024:
Onboarding:
Orientation to program goals and methodologies
Duration: 1 week
Selection Support:
Assist in selecting entrepreneurs for each new cohort
Duration: 1 week
Pre-Bootcamp Launch Preparation
Assist in co-creating a detailed bootcamp agenda and recognising roles and responsibilities for some facilitation at the bootcamp
Assisting in reviewing slides and presentations for the bootcamp
Bootcamp Launch:
Participate in the boot camp, training and engagements with entrepreneurs
Help facilitate, co-create the program and design of the bootcamp
Duration: 1 week. (Full-time engagement required for the 1 week duration ie 17th September - 20th September)
Monthly Workshops:
Attend and facilitate sessions during the monthly in-person workshops to dive deep into key business topics
Weekly Coaching:
Provide personalised guidance in weekly one-on-one sessions
Collaborate closely with entrepreneurs during virtual working sessions,providing targeted guidance to overcome strategic challenges
Weekly Team Meetings:
Participate in team meetings to discuss progress and strategies
Office Hours:
Offer weekly open hours for spontaneous queries and support
Reporting:
Monthly Reports: Summarize key activities and outcomes
Weekly Updates: Provide insights into ongoing progress
Program Conclusion Report: Deliver comprehensive assessment at the program’s end
Qualifications
Bachelor’s degree in Business, Marketing, or a related field; MBA preferred
At least 5 years of experience in business development consulting or a similar role, specifically supporting startups or SMEs in product development, growth strategies, financial and operational management & strategic planning
Strong practical coaching skills with an emphasis on providing industry insights and facilitating working sessions that address specific entrepreneurial needs
Proven track record in developing and executing go-to-market strategies that have successfully driven customer traction and business growth
Excellent analytical, strategic thinking, and problem-solving skills
Exceptional communication, interpersonal, and mentoring skills
Ability to work independently and as part of a team, managing multiple businesses with diverse groups of entrepreneurs