TEF APPLICATION: How to Calculate Break-even Point

About four weeks ago, I made a blog post on the five reasons why I failed Tony Elumelu Entrepreneurship Foundation’s application in 2016.

Since then, I’ve had several TEF applicants reaching out to me for coaching on how to come up with a quality application for 2019 TEF application.

However, I realised that a point of the general challenge is under financials, especially how to calculate the break-even point.

This video is from the Chief Investment Officer of Heirs Holdings and he gave an explicit and simple explanation on how to calculate your break-even point.

You may find it useful not only for your TEF application (in case you are not even applying) but also for understanding your business.

Watch the full video here https://youtu.be/_AGIYD2lKzg

Thanks to Babatunde Lawal for sharing this valuable information on Top Entrepreneurship Forum.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s