Business and Entrepreneurship

One of the ways to reduce our rate of unemployment is to encourage made in Nigeria. One of the way to also reduce the depreciation of the naira against other currencies is to encourage the buying and trading of Nigerian made products. The government should also help in the aspect of organizing the market. Prospective entrepreneurs should also learn to look for specific areas in whichever field they decided to venture into. You may not be able to manufacture a car but if you can manufacture car lamp, start with that. with time, you will add more areas to venture into and before you know it, you will start making a car. A little rivers they say make up an ocean.  

This is one of the questions that troubles the hearts of aspiring entrepreneurs. The answer to that 'Big question' however is NOW. Did you hear me?

In as much as we advocate for more patronage of Nigerian products, we also advocate for production of quality products.

Any prospective entrepreneur or business person must learn to be consistent. Consistency in this context is of two types 1) in terms of the service you are rendering, 2) To remain in business in the face of challenges

Knowledge by general saying is power, the same applies to business. To succeed in your business, you need spend quality time and money on getting information to remain relevant. The good news is that information is very close to us better than any other time in history.

The truth is that whatever you intend to do, be it starting a business or getting a job do it early. What do I mean by starting early. Aside the favour of nature blessing early starters, there are a high possibility of correcting errors made on time.

As a country, we need to come to a point where our mindset becomes "if we must use it, we must produce it". Taking a look at China, most of the products they use are made in the country, they don't even use Facebook like that because they have their own local social media network.

There are indications that the Nigeria government may sooner or later stop the importation of some goods into the country to boost local production in response to the pressure of local producers and patriotic Nigerians of  which I am one.