New ADC Clients on Their Way to Owning Businesses
One of the African Development Center’s strengths has been its hands on training and education on business and financial literacy. Since its inception ADC has trained over 300 businesses that have gone on to contribute to the economy of Minnesota.
This winter’s business entrepreneurial class hosted in ADC’s offices aims to introduce the organization’s clients to successful entrepreneurship. While it will certainly take more than five weeks for one to learn the ins and outs of a business, ADC uses this class to lay the basic groundwork for clients who are interested in starting a business and for those already with businesses. As the ADC staff get to know each of the clients, then the classes take on a more personal approach and can take anywhere from weeks to months depending on the business readiness of the client. The curriculum includes learning how to: write a business plan, market and industry analysis, business management and operations; and most importantly sustaining a healthy cash flow for a small business.
In addressing the class on its first day, Executive Director, Hussein Samatar promised that ADC would do everything in its power to support viable businesses. “Share with us your business plan, if it makes sense we will do whatever it takes to ensure your success.”
As each of the thirty-eight students introduced themselves to the class, it was pretty clear that they represented the diversity and drive for entrepreneurship that has made ADC such a successful enterprise.
One woman considered herself a successful event planner and wanted to take the next step and open a restaurant. Another sold used clothes and wanted her dream boutique to become a reality. One man had moved to Minnesota from Florida where he noticed that frozen yogurt was a hot sell and is interested in pursuing its potential here in Minnesota.
Hussein Farah, ADC’s Director of Business Development, was impressed by the enthusiasm of the class. As is typical of first days of class, Farah took time to set the goals of the class. “The best part of my job is to see people develop their dreams into reality.” He also made clear the challenges of starting a business, but assured the class that in ADC each client will receive help and resources beyond the classroom.
Hussein Farah, Director of Business Development and class instructor
Prospective business owners following business plan class at ADC
