Hello thanks for dis grate shearing but my problem is that am a young and hard working person I work with musicians as sound enginier and I want to start up some business and have serchd my self to see what I can do which will not later leed me to bankrupt of business failure so I need som addvice of dis thanks one love nija

the write-up was and is still wonderful,wish to implemment dt on my business. Thanks again and more lubricant to ur elbow.

samuelmath50:
Hello thanks for dis grate shearing but my problem is that am a young and hard working person I work with musicians as sound enginier and I want to start up some business and have serchd my self to see what I can do which will not later leed me to bankrupt of business failure so I need som addvice of dis thanks one love nija

Check out this first.... https://www.nairaland.com/2238913/top-19-lucrative-business-start


If you don't consider starting any then I can also tell you about more of manufacturing company you can start.

Hope it helps...

suptol:
Hmmm! This is really cool. Thanks for the enlightenment

Thanks too.

[quote author=wilsonl post=32446664]

Check out this first.... https://www.nairaland.com/2238913/top-19-lucrative-business-start

I kind of like dis snail farming but u said pick snail hmm have never seen anyone with dis snail picking but if u can shear more I will be very glad thanks

Wow, nice article. Will work on my weak points from what i learned from this article. Thanks

[quote author=samuelmath50 post=32447091][/quote]

Yes you can start by picking snails in bushes as we are almost in raining season.I will inform you later on the exact type and specie of snail that people mostly buy or sell. That specie is also lays more than 400 eggs at once and they all eat grass like spinach. I will share first in enterpriseboom then to naira land.

Lordtrillion:
Wow, nice article. Will work on my weak points from what i learned from this article. Thanks

Thanks too for stopping by. We share ideas for free to aspiring entrepreneurs. I am a passionate entrepreneur.

LivinaPatrick:
the write-up was and is still wonderful,wish to implemment dt on my business. Thanks again and more lubricant to ur elbow.

Thanks Sir.

Hmm. @ Op You are so on point esp. about poor accounting and customer relations.

That's why Am working on my staffs so that customer relations becomes a number one priority. But the issue of accounting is still what it is, an issue.

wilsonl:


Yes you can start by picking snails in bushes as we are almost in raining season.I will inform you later on the exact type and specie of snail that people mostly buy or sell. That specie is also lays more than 400 eggs at once and they all eat grass like spinach. I will share first in enterpriseboom then to naira land.

Thanks sir but I have one last question how many years will a snail go b4 sealing in market?

Even if it's your father, no credit sales. Naija people no get conscience.


And avoid those motherffuuckers that call themselves, men of god, they owe you, forget it.

Impressive! Especially the issue of team work, because most business owners lack team work qualities as a result their employees tend to have a care free attitude towards the business.

samuelmath50:


Thanks sir but I have one last question how many years will a snail go b4 sealing in market?

Achatina achatina and Archachatina Marginata are the most common snails in Nigeria for consumption. They gorw at a rapid rate within 3 months and can last up to 6 years.

They also lays about 4-550 eggs three times a year and so this will multiply your snail numbers in a year.

They have to mate before laying egg both some snails have both mail and female organs and you may not need to look for a particular male or female as two with the organs can mate.

I will still write more on this for more clarification and where it can best be started conidering tghe envirnment and also where they won't walk away and you miss your money. lols


Thanks and hope it helps.

internetpo:
Hmm. @ Op You are so on point esp. about poor accounting and customer relations.

That's why Am working on my staffs so that customer relations becomes a number one priority. But the issue of accounting is still what it is, an issue.

Lols... Accounting is very important too.So work on it to have the records intact and act within the rage of your outputs and inputs.

internetpo:
Hmm. @ Op You are so on point esp. about poor accounting and customer relations.

That's why Am working on my staffs so that customer relations becomes a number one priority. But the issue of accounting is still what it is, an issue.

Why not try outsourcing your finance department to get better result.

wilsonl:

Lols... Accounting is very important too.So work on it to have the records intact and act within the rage of your outputs and inputs.

With outsourcing, your Accounts will be well managed. I can provide you with this service at a reasonable cost.

Check ds out... 10 reasons most start ups fail

Home problem

@ Osasboy. After so many years of hearing it, I have not really understood how this 'outsourcing accounting' really works and for me I love my privacy O. Dont like the idea of a 3rd party poking into my accounts or privy to my books.

ephi123:
Lack of constant electricity has a huge impact as well.

depending on the kind of business u r doing...

Akpan107:
depending on the kind of business u r doing...

Electricity is a common challenge with all businesses but it can't be the reason for failure.it can only increase cost of product and services but with right costing and pricing you will scale through.

Op, You didn't states the reasons for the business failure neither the way to avoid them. You are just narrating a story here.

Good write up..

Business fail in Nigeria because of lack of adequate funding and poor management of reserves. Businesses run out money many times and this is a result of poor planning. You have to plan very well and know how much money you need to run a business for a period of time before cash begins to flow in. While running your business, You have to reserve some cash in the bank. This is a very important aspect as many business men in Nigeria will tell you that money is not good to be in the bank. Don’t listen to them as reserving money in the bank gives you a very good advantage over your competitors and also shape the way you succeed. You will have a high purchasing power when new technology or things springs up that needs emergency funding. It will take you many time to access a loan in emergency. Keeping some money also gives you a huge advantage in staying ahead against market crash. It makes you to position your self very well and you can withstand it.
Other factors that may affect business failure in Nigeria are:
-Underestimating the Competition
-Lack of innovation
-Giving up
-Failure to accept change
-Bad depth

Source: http://www.enterpriseboom.com/why-many-business-fail-in-nigeria-and-how-to-avoid-it/[/quote]

Experience is better than Capital.

There is no substitute for field experience.

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NnamdiN:
Even if it's your father, no credit sales. Naija people no get conscience.


And avoid those motherffuuckers that call themselves, men of god, they owe you, forget it.

Before I went into business, i used to regard businessmen as very mean people. Now I understand why they are so mean.

Nigerians are cold heartless people. A person you granted credit can decide to owe you for 3 months yet he has the money and even spending in your eye more than the value of goods for which he has been owing. Very cold heartless Nigerians..

I have become very mean in business, there are no friends or family in business. Cash and carry. My way or no way.

samuelmath50:


Thanks sir but I have one last question how many years will a snail go b4 sealing in market?

Depends on the size you want them to attain. They are edible from 6 months to 3 years.

African giant snails can grow up to 30 centimeters.

Naughtysite:


Before I went into business, i used to regard businessmen as very mean people. Now I understand why they are so mean.

Nigerians are cold heartless people. A person you granted credit can decide to owe you for 3 months yet he has the money and even spending in your eye more than the value of goods for which he has been owing. Very cold heartless Nigerians..

I have become very mean in business, there are no friends or family in business. Cash and carry. My way or no way.

we all learn the hard way. My doctor who was always giving me moral support was the first to owe me 43k since 2012, she has never called since then. There's no day I don't pray she chokes on that money

NICE ONE

obowunmi:
As an investor in a few startup companies,

People don't have innovative ideas...they just like to copy what others are doing.

Copy, copy is not a good idea.

They should have come up with thier own unique ideas.