“Every day is a school day for an entrepreneur,” says Bayile Adeoti, the founder of Dechomai, an events company that bridges the gap between the employment and training needs of women in the workplace.
The name of her company is Greek and means to receive people with open arms, hearts and minds.
With this in mind Bayile has been using the Business Builder platform from Royal Bank of Scotland to increase her own insights as well as encouraging other potential entrepreneurs to access the online programme.
The social enterprise was set up after Bayile identified the need for more female role models and entrepreneurs with Black and Minority Ethnic (BME) origins.
Dechomai has grown to deliver leadership and enterprise courses and programmes to help improve confidence and empower marginalised women from diverse backgrounds with the skills to advance their own businesses or ideas and become financially independent.
In lockdown, Bayile guided 45 women to set up their own businesses and by the end of July 2021 she estimates that 70 women will have launched their own enterprises, including counsellors, pop up food trucks and catering services, and a female joinery service.
Bayile has loved the support from Business Builder.
The Business Builder dashboard outlines nine different components all there to support future or existing business owners, with a wealth of practical modules all useful to anyone considering starting out on their own.
Bayile says she found the modules on awareness and mindset especially useful: “It’s important for an entrepreneur or even just as a person, to be aware of yourself, your triggers, and what drives you. It’s a good starting point for anyone.”
Another module on understanding the customer journey was also useful, helping her to see things from a different perspective.
She adds: “The Business Model Canvas is another module that I loved not only because you work through it online but Royal Bank also offers online coaching every week with experts from all over the UK.
BUSINESS Builder is an online platform from Royal Bank of Scotland for entrepreneurs thinking about a start-up.
Every dream needs a plan and Business Builder champions you with a wealth of tools and modules to support future or existing business owners, and you don’t even have to be a Royal Bank of Scotland customer.
The programme is there to support entrepreneurs through their business journey, at any stage.
From mastering the 60-second or ‘elevator’ pitch, to the importance of mindset or revenue streams there are nine different components on the Business Builder dashboard which are all relevant to start-ups.
Members can access workshops and events and join an online community of likeminded people all seeking tips, advice and support from a community or professionals.
Business Builder offers free online support 24/7 taking you through the essential building blocks to help you move your business forward, completing exercises, templates and questions to implement the learning into your business.
Register online at rbsbusinessbuilder.com
“I connected with someone from Newcastle who was teaching the module, so you get to see lots of different faces from the bank.”
Each element of Business Builder can be done at your own pace.
“Warren Buffet (the American business tycoon) sets aside five hours a week for reading,” says Bayile. “If people like that are doing it, we all have the same 24 hours in a day, so I also try and allocate an hour for doing a module.”
Women, especially, often have other roles and responsibilities but Business Builder can be taken entirely at their own pace without any pressure.
“It’s important that we are able to allocate time to develop ourselves and I always try to do the modules first thing in the morning when my brain is slower and I can engage and think clearly,” she adds.
Business Builder is a platform where Bayile has been able to connect with other like-minded entrepreneurs and people considering their own start-ups.
She continued: “It’s a free platform and you don’t even need to be a Royal Bank customer. It’s something that more people should be aware of and I’ve found it really beneficial.”