The logical way to gain financial freedom is to start a small business in Nigeria. Most Nigerians that are wealthy started with a small business which they gradually nurtured into a big corporation.
But succeeding in a small business in Nigeria is not an easy job. There are several challenges: power fluctuations, multiple taxations, security challenges, and inflation.
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 you are passionate about and love.
Before considering the small business in Nigeria, ask yourself what you are passionate about and what you love doing? What will you keep doing, even if you don't receive pay?
If you are passionate about 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 grow.
The passion you have for the business will give you the energy and patience to keep working even when the money has not started coming.
For example, if you are a football lover, reflect on J.J. Okocha when he plays on the field of the game. The passion shows when he is with the football.
It's obvious he enjoys what he is doing. So he is being paid for enjoying himself. Don't you agree with me?
Your knowledge in the business is essential: The passion in your small business in Nigeria with knowledge of the industry. It will enhance your products and give you an edge over your competitors.
In essence, you must keep devoting time and resources to learn new ways to improve your products to the satisfaction of your clients. A satisfied client will make a repeat purchase and refer other people to your business.
Constantly look for ways to network with others that can help your business: As the famous adage says, birds of the same feathers flock together. As an entrepreneur, you must continuously network with the right people who can help your business.
That is, associate with people who can complement your business and avoid people who have Nothing positive to contribute to your business.
We offer health and wealth coaching services. You can request a free session to decide if our services are right for you. Call us on 2348033205456 or WhatsApp 2348121325411 or click here to email me.
You can join our Kedi business opportunity team and enjoy life coaching to gain financial freedom. As your business mentor, you will learn from me proven offline and internet marketing skills to do the business effectively.
Olabode Oruku is the chief executive officer of Oruku Alternative Healthcare. He is licensed by Lagos State Traditional Herbal Medicine Board and also trained in Chinese traditional herbal medicines. He integrates both pieces of knowledge for the health being of Nigerians.
He is certified by SiteSell Education based in Canada to teach a brand new continuing education course called "Building A Successful Business Using The Internet."
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