Back to Back Issues Page
Small business in Nigeria: Tips to succeed as a beginner
August 25, 2014

The logical way to gain financial freedom is to start a small business in Nigeria. It has been observed that most Nigerians that are wealthy started with a small business which they gradually nurture to a big corporation.

But succeeding in a small business in Nigeria is not an easy job. There are several challenges to overcome which includes power fluctuations, multiple taxations etc.

Therefore you need to possess certain qualities embedded with patience to succeed as an entrepreneur. According to Calvin Coolidge, “Nothing in this world can take the place of persistence. Talent will not; nothing is more common than unsuccessful people with talent.

Genius will not; unrewarded genius is almost a proverb. Education will not; the world is full of educated derelicts. Persistence and determination alone are omnipotent.”

Now that you know you need persistence and determination, let’s discuss other qualities to succeed as an entrepreneur:

Start a business on what you are passionate about: Before considering the small business in Nigeria to do, ask yourself what is it that you love doing and passionate about? What is it that you will keep doing, even if you don’t receive a pay?

If you are passionate with your business, you will not mind putting in several hours daily until you succeed. As a new entrepreneur, you need to put in more effort to succeed.

It’s the passion you have for the business that will give you the energy and patience to keep working even when the money has not started coming.

For example, if you are a lover of football, reflect on J.J. Okocha when he is playing on the field of game. The passion shows when he is with the football.

It’s obvious he enjoys what he is doing. So he is been paid for enjoying himself. Don’t you agree with me?

Your knowledge in the business is important: The passion in your small business in Nigeria must be supported with knowledge of the industry. This is what will enhance your products and give you edge over your competitors.

In essence, you must keep devoting time and resources to learn new ways you can improve your products to the satisfaction of your clients. A satisfied client will make repeat purchase and refer other people to your business.

Constantly look for ways to network with others that can help your business: As the popular adage says, birds of the same feathers flock together. As an entrepreneur, you must continuously make effort to network with the right people that can help your business.

That is, associate with people that can complement your business and avoid people that have nothing positive to contribute to your business.

Yours in success,

Olabode Oruku


Click Here to Send Mail.

For more of such articles, click here

SEMINAR: Proven Internet Marketing Training For Small Business Owners And Network Marketers

Date of Seminar:Internet Marketing Training for Small Business Owners: October 1st (Wednesday), 2014

Time: 10.00am

Fee: N5,000 (The fee covers training materials and lunch)

Bonus: E-book: How to write content that sell on the internet: Value: N5,000

Additional Bonuses for attendees that made payment on or before June 27th, 2014. The bonuses are:

E-book on how to make your knowledge sell in the market place How to make your price sell in the marketplace

Venue: 10, Orishe Street, Opposite Trinity Mall, Off Obafemi Awolowo Way, Ikeja, Lagos.

Click here for more information

FREE Seminar: Proven Real Estate Business to Gain Financial Freedom

We show you a working business model that you can invest and reap from. Attend this free seminar and move to the next level in the real estate business and career.

Date: Friday 26th September, 2014

Time: 10am

Venue: Realty Point Limited, 3rd Floor, Onigbagbo House, Beside Bola Memorial Anglican Church, 29, Mobolaji Bank Anthony Way, By Abule B/Stop, Ikeja, Lagos.

For registration to attend the seminar text: real estate seminar, your full name and email address to 08033205456.

You’re invited by Olabode Oruku

Free Seminar On How to Become An Herbal Chinese Health Consultant And Create Wealth

Saturday, September 6th at 11:00am - 1:00pm

You will learn how to treat Fibroid, Cancer, Rheumatism, Heart Diseases, Female Infertility, Frigidity, Liver Problem, Etc.

Proven strategy to create wealth using other people's knowledge, time and resources.

Training Materials and CD Available For Sale: N2,500 (optional)

For Reservation of Seat and venue address, Text: "Reserve Seat For Herbal Health Training" and your full name to Tel: 08033205456. Please note that limited seats are available. It will be on first come, first serve basis.

P.S: Facilitators are experts doing very well in the industry.

P.S.S. Free Quantum Resonance Magnetic Analyzer Check Up and Health Consultation available (optional)

You’re invited by Olabode Oruku

Back to Back Issues Page