The Young Entrepreneur Mentoring Program (formerly The Young Entrepreneurs Stepping Up Program) was a dynamic, interactive 12 week training program which focused on winning new business.
Binarix has proudly worked together with the NSW Government Trade & Investment to put together this training and mentoring program aimed at young business entrepreneurs.
The 'Young Entrepreneur Mentoring Program' was an initiative of the NSW Government Trade & Investment. Binarix facilitated the 'Winning New Clients – Action Plan Program'.
The objective was to develop and improve the prospecting and sales presentation skills of small business owners so they could recognise and capitalise on opportunities to increase turnover and profit performance.
The program was not targeted at a specific industry segment. Any business engaged in promoting their product / service to the general marketplace, would benefit from the program.
Small business owners between the ages of 18 - 35 years.
You Only Pay $500 (+GST)
NSW Government Industry and Investment will subsidised the program so the Participant only paid $500 plus GST.
You receive 1:1 Mentoring
The mentoring component comprised of 10 hours one-on-one mentoring with a successful business person that had at least five (5) years experience in running a successful business.
All sessions were conducted in boardroom format with a maximum of 25 participants.
The program was be presented on MS Power-point and an experienced facilitator conducts each session. The program was designed to be interactive and involved participants being engaged in discussions and role-playing exercises.
Each participant was supplied with a workbook. The workbook allows for note taking and becomes a permanent reference manual.
Schedule of Events
- Information Evening
- Meet your Mentor Night & Information Session
- Session 1: Business Plan - "How to develop your business and marketing plan"
Key topics include, performing a SWOT analysis and developing your business USP (Unique Selling Proposition) to create a framework for developing an effective business plan. Live case study: A successful business entrepreneur will share their successful business planning secrets.
- Session 2: Financial Plan "How to create a profitable and sustainable business"
Key topics include, understanding critical cash flow and profitability processes to ensure sustainable business growth. Live case study: A successful business entrepreneur, will share their strategies, for business profitability, by showing you how increasing prices of their products and services is more effective than discounting, in creating a sustainable business.
- Session 3: "How to develop your web and social media strategies for business success"
Two experts - web strategist and social media strategist will present a lively and interactive workshop on how your business can benefit from the web and the social media revolution.
- Session 4: "The sale is made in the first 5 minutes"
The key to sales success is understanding "how" and "why" people buy, how to successfully prospect using the telephone, and how to facilitate, a successful face-to-face meeting. Live case studies: Successful business entrepreneurs will share their successful selling techniques.
- Session 5: "Special Project Presentation"
A wonderful opportunity for mentees to share their outcomes of the "special project" undertaken with the assistance of their mentor.
- Graduation & Mini Expo
"I had the privilege to be able to attend your seminar and I wanted to take the time to let you know just how enriched and empowered I felt after listening to you. I’ve learnt more about sales than in 8 years of previous experience and training. In all cases the techniques you described were very simple and the clear nature of your message was perhaps the most profound circumstance. I feel a great deal more confident of my ability to be able to create traction with key targets in a shorter timeframe now. My mind set has been turned upside down and I can't wait to see what transpires".
"I have found this Stepping up Program to be very beneficial as it makes you look at your business with new eyes and critically examine what you have been doing, and more importantly what you plan to do in the future. I found the Mentoring program to be excellent as it gave me an opportunity to discuss the issues and problems of my business, with someone who was not going to judge or criticise me."
Matthew Eagan - Penmara Wines
"Having a mentor is an incredible bonus. My mentor gave unflinchingly of her time and experience. In a series of in-depth discussions about AntillVideo, she helped me examine the way I managed my time and led me to an epiphany about tasks I was keeping for me when there was an obvious person to whom to delegate. In the first fortnight of putting the strategies into effect a customer rang and asked me to produce an entire series of DVDs. In the following weeks, enquiries were up 400% and we’re currently in serious negotiations for 3 other projects".
Sarah Antill – Antill Video