Solomon Favour
Business Development Executive
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About
Growth-oriented Business Development professional with 1+ year of hands-on experience in lead generation, prospecting, client engagement, sales execution, and early-stage revenue support. I bring entrepreneurial experience into commercial execution within early-stage growth environments. Adept at prospecting, structured cold outreach, CRM tracking, and partnership research that helps startups convert product value into measurable revenue outcomes.
Experience
Business Development Lead at FortiFi Foods Nigeria Ltd (2025-01 – 2026-01)
Spearheaded market validation and early-stage revenue strategy for a fortified cereal product (NutriPap), targeting mothers with children under five and nutrition-focused institutions.
- Conducted structured customer discovery with 120+ mothers and caregivers across immunization clinics and community markets, identifying key insights that refined pricing strategy and improved value positioning.
- Designed and executed a pilot go-to-market strategy, generating ₦50,000+ in early-stage product testing revenue within the first validation phase.
- Built and managed an early-stage sales pipeline of 30+ mothers of children under five, initiating partnership conversations and follow-up tracking.
- Achieved a 25% repeat purchase rate during pilot feedback surveys by refining flavor and packaging presentation.
- Negotiated with 5+ raw material and packaging suppliers, reducing projected production costs by approximately 18% through structured sourcing and bulk pricing discussions.
- Conducted competitor and pricing analysis across 10+ local fortified cereal and Ogi brands, identifying a mid-market pricing gap to support sustainable margin positioning.
- Implemented a basic revenue tracking and demand forecasting model, improving batch production planning and reducing unsold inventory risk by an estimated 20% during pilot runs.
Financial Advisor/Sales Executive at Leadway Assurance Company Ltd (2025-03 – 2025-09)
Drove revenue generation through structured prospecting, lead qualification, and client advisory for education savings and wealth accumulation plans.
- Built and managed a personal sales pipeline of 50+ active prospects monthly, utilising disciplined follow-up systems and conversion tracking to maintain deal momentum.
- Achieved 10% average monthly sales target attainment, contributing consistently to branch revenue objectives.
- Conducted financial needs assessments for 100+ individual clients, identifying long-term investment goals and recommending tailored financial protection solutions.
- Delivered structured presentations to prospective clients, simplifying complex financial products into clear, outcome-focused value propositions.
Education
B.Sc in Biochemistry – University of Lagos (2024-12)
