8thGear is a Venture Studio and Impact Project Executor that also offers services such as Coworking, Talent Placement, Community and Growth Advisory Services to Startups and Tech MSMEs starting from Southwest Nigeria to Africa.
We are recruiting to fill the position below:
Job Title: Business Development Executive
Location: Magodo, Lagos
Employment Type: Full Time
Role Overview
As a Business Development Executive at 8thGear Hub & Venture Studio, you will play a key role in driving the growth and success of our portfolio ventures, impact projects, and hub services.
This multifaceted role combines venture-building support, proposal writing, client interfacing, and the sales of our services to startups, tech-enabled MSMEs, and other stakeholders in our expanding community and beyond.
Key Responsibilities
Venture Building Support:
Portfolio Management: Provide strategic and operational support to our portfolio ventures, assisting in scaling their operations and achieving business milestones.
Advisory: Work closely with startups and tech MSMEs in our ecosystem, offering business advice, mentorship, and access to relevant resources.
Market Research and Analysis:
Market Insights: Conduct in-depth market research to identify new business opportunities, emerging trends, and competitive insights relevant to our ventures and hub services.
Strategy Development: Analyze market data to develop growth strategies and position our services to meet the demands of the market.
Proposal Development and Grant Writing:
Proposal Crafting: Write compelling proposals, concept notes, and grant applications that clearly articulate our value proposition and project impact.
Client Pitching: Develop presentations and pitches to communicate the unique benefits of our services to potential clients and partners.
Client Interfacing and Relationship Management:
Client Engagement: Act as the primary point of contact for clients, ensuring clear communication and strong relationship management throughout the project lifecycle.
Problem Solving: Identify client needs and work collaboratively with internal teams to develop tailored solutions that address their specific challenges.
Sales and Revenue Generation:
Sales Strategy: Develop and implement sales strategies aimed at increasing revenue from our hub services, including training programs, consulting, and workspace solutions.
Target Achievement: Meet or exceed sales targets by effectively selling our services to startups, tech MSMEs, and other businesses.
Strategic Partnerships:
Partnership Development: Identify and cultivate strategic partnerships that can enhance our service offerings or expand our market reach.
Contract Negotiation: Lead negotiations and finalize partnership agreements that align with 8thGear’s business objectives.
Reporting and Analytics:
Data Management: Maintain accurate records of business development activities, client interactions, and deal progress in CRM systems.
Performance Reporting: Provide regular reports to management on sales performance, market trends, and business development initiatives.
Required Competencies and Skills
Educational Background: Bachelor's Degree in Business Administration, Marketing, Entrepreneurship, or a related field (MBA preferred).
Professional Experience: Proven track record in business development, venture building, or sales roles, preferably within the tech ecosystem.
Communication Skills: Excellent communication, negotiation, and interpersonal skills, with the ability to articulate complex ideas clearly and persuasively.
Analytical Abilities: Strong analytical and problem-solving skills, with the ability to turn market data into actionable business strategies.
Independent Work Ethic: Ability to work independently and collaboratively in a dynamic and fast-paced environment.
Technical Proficiency: Proficiency in using CRM software, AI tools (including Generative AI), and the Microsoft Office Suite.
Market Understanding: Strong understanding of market dynamics, especially within the innovation and entrepreneurship landscape.
Here's what makes this role stand out
Impactful Work: You'll play a vital role in shaping the future of African entrepreneurship by fostering human capital development and venture-building success stories.
Dynamic Environment: Get ready to roll up your sleeves and tackle diverse challenges in a fast-paced and rewarding environment.
Meaningful Collaboration: You'll work alongside a passionate team dedicated to empowering businesses and individuals across Africa.
Are you a driven self-starter with a fire for business development, venture building, and client engagement? Are you obsessed with the potential of human capital development and productive venture building to transform Nigeria and Africa?
Then we want you at 8thGear Hub & Venture Studio!
Join our team and contribute to the growth of both our ventures and our clients' success. We're looking for someone who thrives in a dynamic environment and shares our commitment to making a real difference.