Many people have always walk up to tell me they can do a good number of the products we import from other countries into the Nigeria market but are scared of competition with foreign products especially price competition. My usual reply has always been start first.
When you start and you are zealous, you would end up creating your own market and with time, you will be reckoned with. Don't just assume, try it, the competition may not be that stiff. When you get to involve, some things will become clearer and your decision will be based on facts. Some of your assumption, you would realize are not true while you would be better positioned to grow your business.
The next time you find that product you have a skill to develop, don't just get angry, be motivated instead.
Other thoughts on entrepreneurship It is relevant that an entrepreneur should have a written business plan before registering with the Corporate Affairs Commission (CAC). The business plan should include the nature of the business, the sales and marketing strategies as well as the financial background and profit statement. However, emphasis should be on what makes your business different from other available ones.
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