eku_bear:

Bah. What type of profitable business can I do with no electricity or roads, or even high-speed internet access? It is like cutting off a man's feet and right arm and wondering why he isn't a good sprinter. . .

The businesses that I've seen that are profitable in Nigeria and are possible to do at relatively small scales are construction and importing.


EDIT

Dis Guy:

This business environment is not conducive for for business

what should be a simple process becomes rocket science, if registering a business alone take upto 64days in some case, imagine how long it will take get electricity to a new build or internet connection to a new area

Ma_J_Blige:

Dog pursuing Hyena (Ajanlekoko)

What has NairaLand got to do with my question of why there are not much creative entrepreneurs in Nigeria?

Ma_J_Blige:

Does the retail business failure or non existence in Nigeria depends on the capacity of people to buy? or is it due to the fact that the existing ones have so much overhead that makes the cost of items at such malls much more exhorbitant than the genral open stall markets that abounds in those cities? Example, items you will buy in places like Exclusive Stores, Amigos, Grand Square, Abuja Mall, and many more, are marginally more expensive than buying these same items at the open market like Wuse, Garki etc. Many will flood to the open markets but the rich will go to the malls and supermarkets - so. Does this not kill the enthusiasm of retailers and would be retail businesses?

Justcash:

If you know how contradicting "Nigeria" and "CREATIVE entrepreneurship" sounds in business, you'll laugh at your topic.

Ma_J_Blige:

Honestly, speaking, it is not hard registering a business name in Nigeria, neither is it hard getting telephone or internet these days- they are all pay as you go, they are things you can get within two hours if you have your money. It should not be a factor. Maybe electricity, but still people make do with stand by power systems, such as generators, Inverters, solar panels etc- so, these are all overheads factor able and recoverable in your business as time goes on.

But do we all need the above to come up with ideas? Think about the Google guys, the Facebook guys, the PAYPAL guys, the EBAY guys, Mozilla guys, the Microsoft, the Oracle and so many young guys who used their brains to come up with things that are shaking the world.

I think the limit we have is the limit we put on ourselves as human beings.

Ma_J_Blige:

Honestly, speaking, it is not hard registering a business name in Nigeria, neither is it hard getting telephone or internet these days- they are all pay as you go, they are things you can get within two hours if you have your money. It should not be a factor. Maybe electricity, but still people make do with stand by power systems, such as generators, Inverters, solar panels etc- so, these are all overheads factor able and recoverable in your business as time goes on.

But do we all need the above to come up with ideas? Think about the Google guys, the Facebook guys, the PAYPAL guys, the EBAY guys, Mozilla guys, the Microsoft, the Oracle and so many young guys who used their brains to come up with things that are shaking the world.

I think the limit we have is the limit we put on ourselves as human beings.

aasog1:

[b]
what has creativity got to do with a country that doesnt provide credit facilities when interest rate hinges within 22% to 25%
a country where theres non supporting facilities to entrepreneurs such as security, good roads, electricity, water, etc.
how many capital ventures do we have within this country? and are the government intervention gej screech about even for real (my dad and i went to UBA to make inquiry about the current manufacturing loan for our newly built feed mills which isnt functional yet because of low cash, we were told we must have 300million worth of asset before we get the loan. who needs a loan when you have 300mil), Now, tell me what creativity has got to do about that.
what has creative got to do in a harsh economy where the president open its country border so international competition can quash local ones.
what is creative about the fact that 70% of goods and services minus finance/artisanship falls into the hands of foreign conglomerates: shell, julius berger, delioitte, etc

Even ths question lacks creativity. Because provide a well experienced and educated nigerian with these, and you will be creating many more dangotes, bill gates and mike adenuga. the only thing lacking in creativity is the Nigerian government and its inability to sincerely create an environment that would magnetize and boost entrepreneurship creativity.[/b]

AjanleKoko:

@op,
Nigeria has creative entrepreneurs. Don't use Nairaland as your yardstick. Most of the contributors here are students.

Ma_J_Blige:

Dog pursuing Hyena (Ajanlekoko)

What has NairaLand got to do with my question of why there are not much creative entrepreneurs in Nigeria?

Ma_J_Blige:

3 Facts about becoming a creative enterpreneur.

Creativity – generating new ideas, evaluating them effectively, taking action to turn them into new products and services.

Collaboration – connecting and working with partners, clients, and other significant players in your network, which will probably be scattered across the globe and contain more ‘virtual’ relationships than face-to-face ones.

Entrepreneurship – identifying opportunities in the marketplace and using business skills to turn ideas into products into profits.


You will wait for good roads before using your head to generate new ideas? No wonder.

You will wait for internet before using your head to generate good ideas?

I am lost here.

For those who genuinely know what I am talking about- not those who read politics of GEJ into every thing, please read here or do a google search on becoming a creative entrepreneur for ideas.


http://4entrepreneur.net/2010/09/01/how-to-become-a-successful-creative-entrerpeneur/

Ma_J_Blige:

3 Facts about becoming a creative enterpreneur.
Creativity – generating new ideas, evaluating them effectively, taking action to turn them into new products and services.
Collaboration – connecting and working with partners, clients, and other significant players in your network, which will probably be scattered across the globe and contain more ‘virtual’ relationships than face-to-face ones.
Entrepreneurship – identifying opportunities in the marketplace and using business skills to turn ideas into products into profits.
You will wait for good roads before using your head to generate new ideas? No wonder.
You will wait for internet before using your head to generate good ideas?
I am lost here.