majekdom2:
an employee pays tax also .

majekdom2:
stop ranting business like you have been doing it since the time of jesus .... is it every nigerian that have access to the kind of money needed to start a business or is it in your house you will start a business . there are people who live less on a hundred naira per day in naija , with no help from friends and families ... how do they start . if everybody in naija owns a business who is going to work for you in your business . please there are things we should look into properly before we just rant entrepreneurship. dont you need capital to start small . even the microfinance banks dont just give you facilities.

Scout60:

Notin can hinder ur sucess provided u re hardworking and sharp nd with vision. some rich men were poor b4 including gej who even went to school without shoes., wat of olamide, phyno who bore hunger just to make sure that they music sells.
There are many ways to raise capital such as donations, hawking, truck pushing etc.
I still believe in my theory, if u re born, is not ur making, but f u die poor, u re to be blame.

bushdoc9919:
So, we want Nigeria's GDP to rise?

Well,as you know...I do not rejoice at the news that our GDP is rising( We all know it is because of oil).

Well, here is the road to a proper GDP rise.

1.First, we have to correct the notion that we are a rich country. We are not. We just produce oil in amounts less than that of the UAE...and we have to share it amongst 170 MILLION people (while the UAE has just 8 million folks).

2.We have to end the fuel subsidy, take 30% of every state's allawi, and increase taxes on every multimillionaire in Nigeria...and use the money for extra spending on technical education, power , public transport, and health.

3.We need to encourage more young people to go to techncial school. Because strong nations have a high number of qualified technicians. Weak nations just have overpriced clerks.

4.We need to get every state to use their resources to develop industries....that would produce world beater goods and serivices. The North can develop a biofuel and industrial chemicals industry from the waste generated by maize production every year.(as an example)

5. We need to really really deal with corruption. One thing I don't like about Nigerians is that they attack corruption when it is not theit tribe or religion. The corrupt affect all of us.

6. We need to change our mentality. The Govt does not owe us a living. We should use our education to solve local problems. It is on that simple note that many companies that are today's global leaders started.

Nigerians....better sit up...and stop parading those over-bloated certificates you call degrees or diplomas. Use that education.

Oil is a curse.

majekdom2:
great theory ... .no excuse for failure I agree . but dont make it sound starting and running a business is an easy thing in Nigeria . he never said he is not ready to work . his complaints were no jobs which is true .and please we all know jonathan did not get there because he was so hardworking , I havent read any of my president's book . isnt that saddening. if all the jobless graduates start hawking ,or pushing truck will there be enough customers . you should see that we need to put things in order really.

Scout60:


Guy dont make me vex. Are you a kid
All these people who created jobs u re seeking for employment; do they have ten heads. If there is no job, you hustle and create one for you. An average ibo hustle to start a business for himself and his next generation. So its hightime you found a business worth doing and give employment to your fellow youths.....

Read the history of some rich men in nigeria, u will discover that some of them are extremely poor but now they are reaping. If they were waiting for government to give them job or capital, will they be where they are. Where in the this earth that running a business is easy. I do not blame those who complain that there is not job because they are fools without ideas on how to set themself from financial bondage.

Ok let me tell you this, there is a woman in usa who makes 12 million naira monthly from laudry services. This woman got an admission into an higher institution but decline it to futher is passion. This woman started by washing her neighbour clothings and ironing them. Later she expanded and employ young lads to help her and she pays them monthly. Now she offer many service in her laundry business such as wash,dry and iron instantly, home delivery, relaxation center for some people who want to go with their cloths. Now she is patronised by govt. officials, rich individual etc.
My best quote: WORKING FOR PEOPLE IS A MODERN FORM OF SLAVERY BUT HAVING PEOPLE WORKING FOR YOU IS A MODERN FORM OF MASTERY AND TOTAL INDEPENDENCE.

If you want to suceed in life, you must have a dream business you are passionate of only time shall tell when the business becomes established.
or
you will have to work for people and lick their ass just to be paid your monthly salary.

majekdom2:
nothing pisses me off than posts like this , you just keep talkling whats not feasible ...... for pete sake stop comparing usa to nigeria . am not saying any business man starts great but understan people have got diffeent passion. I work in the oil industry , does it mean am stupid that am not doing business or does it mean I will not set up myself later . what is wrong if one wants to gain experience on how to run an organisation . I work in a multinational and the truth is it is totally different from the way majority of our nigerian companies are run . the point is there is nothing wrong in wanting to gain experience . no one licks asses where I work , everyone knows what they are doing. you lick asses when ou dont know hat you are doing in a backard organisation.

Scout60:


Young man so you are trying to tell me that working for others is better than been your own boss. What of if you are sack in your company. I doubt that you are working in oil company because from ur write up you seen inexperience. If every one work in oil company, who will sell parts, who will post news etc. Before you quote me again, read this inspired books from different authors
1. RICH DAD AND POOR DAD.
2. BEFORE YOU QUIT A JOB
3. RICHEST MAN IN BABYLON.
4. INVESTMENT TIPS FOR BEGINNERS
5. WHAT WILL I BE.

Let me describe my dream to you.
When i finished ss3 in 2009. My parents told me to drop and learn trade but i decline because i know the value of education. i have no one to cater for me. So i took to manson work, i got 2000 daily after 8 of heavy work. This money help me to take care some of my need. After 3 months, i rent a shop, i bought 3 fairly used desktop, three in one printer, fairly used ups, fairly used camera, and photo washing machine. I set up business center. I used one for typing people work and i used that remaining two desktop i have to run a mini cybercafe. With the knowledge of computer i have in my secondary school days, i keep the business going.After a year, of running this business, i was able to buy four new window xp complete destop with new printers, camera etc to replace my old system which keep giving me problem.
To cut the story short, i was able to furnish my business center with 15 new system with 3 girls under my payroll before 2012. I got admission into futo in department of chemistry in 2012. I am in 200 level now. i pay my school tuition myself. Also i am writing a book titled HOW TO BUILD A BUSINESS FROM SCRATCH.
My dream is not to run a business center but to run a groundnut oil processing industry with capability of producing 5 ton per day when i finish school. I am researching and putting my business idea down.

My cybercafe is lord chosen cybercafe located in upper iweka onitsha.

post=27615922:
Ok....But when are you bringing our girls back?

majekdom2:
What experience , apparently you don't comprehend . I referred to the blog and spare part because of the dude you asked to go do business not knowing his background not because of me . people have got different ideas and its feasibility depends on the resources they have. with your idea of runnning a groundnut processing you dont necessarily have to study chemistry and yea thats the mistake majority are making . thinking university education is what makes you educated " hell no " rather than wait till you finish your university because I dont think a chemistry depratment teaches one how to process groundnut even as it involves some chemistry . why dont you start up the business . you run a cafe , many run business centre but still want jobs , have you bothered to ask yourself why. there is nothing compared to being your own boss , am not debating that ....... that young man needs a job to raise capital and perhaps gain some experience . you were lucky to get the manson work , some cannot get the manson work and thats the argument .

majekdom2:
What experience , apparently you don't comprehend . I referred to the blog and spare part because of the dude you asked to go do business not knowing his background not because of me . people have got different ideas and its feasibility depends on the resources they have. with your idea of runnning a groundnut processing you dont necessarily have to study chemistry and yea thats the mistake majority are making . thinking university education is what makes you educated " hell no " rather than wait till you finish your university because I dont think a chemistry depratment teaches one how to process groundnut even as it involves some chemistry . why dont you start up the business . you run a cafe , many run business centre but still want jobs , have you bothered to ask yourself why. there is nothing compared to being your own boss , am not debating that ....... that young man needs a job to raise capital and perhaps gain some experience . you were lucky to get the manson work , some cannot get the manson work and thats the argument .

hazyfm:


Losing value in local market

SLIDEwaxie:
Pls stop deceiving us in this country:

The economy is on steady rise yet they claimed we are broke, allocations short-changed, jonamad withdrew $1billion dollars from ECO account because of economic problems..

Na u knws

jpphilips:
paper GDP you mean?

Scout60:


Young man so you are trying to tell me that working for others is better than been your own boss. What of if you are sack in your company. I doubt that you are working in oil company because from ur write up you seen inexperience. If every one work in oil company, who will sell parts, who will post news etc. Before you quote me again, read this inspired books from different authors
1. RICH DAD AND POOR DAD.
2. BEFORE YOU QUIT A JOB
3. RICHEST MAN IN BABYLON.
4. INVESTMENT TIPS FOR BEGINNERS
5. WHAT WILL I BE.

Let me describe my dream to you.
When i finished ss3 in 2009. My parents told me to drop and learn trade but i decline because i know the value of education. i have no one to cater for me. So i took to manson work, i got 2000 daily after 8 of heavy work. This money help me to take care some of my need. After 3 months, i rent a shop, i bought 3 fairly used desktop, three in one printer, fairly used ups, fairly used camera, and photo washing machine. I set up business center. I used one for typing people work and i used that remaining two desktop i have to run a mini cybercafe. With the knowledge of computer i have in my secondary school days, i keep the business going.After a year, of running this business, i was able to buy four new window xp complete destop with new printers, camera etc to replace my old system which keep giving me problem.
To cut the story short, i was able to furnish my business center with 15 new system with 3 girls under my payroll before 2012. I got admission into futo in department of chemistry in 2012. I am in 200 level now. i pay my school tuition myself. Also i am writing a book titled HOW TO BUILD A BUSINESS FROM SCRATCH.
My dream is not to run a business center but to run a groundnut oil processing industry with capability of producing 5 ton per day when i finish school. I am researching and putting my business idea down.

My cybercafe is lord chosen cybercafe located in upper iweka onitsha.

majekdom2:
nothing pisses me off than posts like this , you just keep talkling whats not feasible ...... for pete sake stop comparing usa to nigeria . am not saying any business man starts great but understan people have got diffeent passion. I work in the oil industry , does it mean am stupid that am not doing business or does it mean I will not set up myself later . what is wrong if one wants to gain experience on how to run an organisation . I work in a multinational and the truth is it is totally different from the way majority of our nigerian companies are run . the point is there is nothing wrong in wanting to gain experience . no one licks asses where I work , everyone knows what they are doing. you lick asses when ou dont know hat you are doing in a backard organisation. whats the point of spening 5 years in the uni and then you ll have to spend another 7 years earning trade because you want to do business . as a graduate engineer do you just start up an engineering firm because you graduated or because you have proven expertise. businesses are failing because majority did not learn how to run a business ....... they just hear start up a business like you doing . if everyone starts selling spare parts or clothes who will work in your spare parts shop . since you run an excellent business , please give me the website to your company to see its landslide achievements .dont discourage anyone willing to work all in the name of business.in the first intance why did you choose to go to school if you knew you could start a business at a teenage age . except you studied business administratio no other reason is justified. now its blog business , verybody wants to own a blog because linda ikeji makes millions , if eevrybody owns a blog , who will visit your own blog .people run into a business because they hear the other guy is making millions without doing any feasibility survey to see if they can run the same business . yahoo's idea is totally differnt from googhle and google different from facebook ,facebook different from linkedin and linkedin diff from alibaba .... each of them have got their on experiences . they just did not all wake up one day all in the name of internet business

abdulwastecx:



l like this guy...we need more young people to hqve this ideology.
I like rich poor dad by robert kawasaki.

You have really achieve alot between 2009 and now ( just 5years

abdulwastecx:



The problem with your oil and gas multinational company is it can only employ very small amount of Nigeria in a country of massive unemployment.

since the time of obasonjo when they initiated local content for oil and gas industry, the sector has only about 30 thousand people. compare that the annual graduation rate of about 100thousand from Nigeria higher instititions...

The thing is oil and gas industry cannot provide enough emplyment for Nigerians.

check the GDP figures, compare trade and services about 40% to oil and gas 15%

micolaj:
USA practises CAPITALISM.

majekdom2:
pls ,comprehend . I never said the oil industry should employ every graduate . that young man was talking business like if every graduate starts a form of business the economy will grow . when everyone does the same kind of business you have a situation where supply is far more than demand...... the youths need decent jobs and thats the truth . yes the local cotent has been able to create a good number of jobs , whats stops the government from making more of such policies in other sectors too , thats my point. young

Scout60:


Young man so you are trying to tell me that working for others is better than been your own boss. What of if you are sack in your company. I doubt that you are working in oil company because from ur write up you seen inexperience. If every one work in oil company, who will sell parts, who will post news etc. Before you quote me again, read this inspired books from different authors
1. RICH DAD AND POOR DAD.
2. BEFORE YOU QUIT A JOB
3. RICHEST MAN IN BABYLON.
4. INVESTMENT TIPS FOR BEGINNERS
5. WHAT WILL I BE.

Let me describe my dream to you.
When i finished ss3 in 2009. My parents told me to drop and learn trade but i decline because i know the value of education. i have no one to cater for me. So i took to manson work, i got 2000 daily after 8 of heavy work. This money help me to take care some of my need. After 3 months, i rent a shop, i bought 3 fairly used desktop, three in one printer, fairly used ups, fairly used camera, and photo washing machine. I set up business center. I used one for typing people work and i used that remaining two desktop i have to run a mini cybercafe. With the knowledge of computer i have in my secondary school days, i keep the business going.After a year, of running this business, i was able to buy four new window xp complete destop with new printers, camera etc to replace my old system which keep giving me problem.
To cut the story short, i was able to furnish my business center with 15 new system with 3 girls under my payroll before 2012. I got admission into futo in department of chemistry in 2012. I am in 200 level now. i pay my school tuition myself. Also i am writing a book titled HOW TO BUILD A BUSINESS FROM SCRATCH.
My dream is not to run a business center but to run a groundnut oil processing industry with capability of producing 5 ton per day when i finish school. I am researching and putting my business idea down.

My cybercafe is lord chosen cybercafe located in upper iweka onitsha.

majekdom2:
nothing pisses me off than posts like this , you just keep talkling whats not feasible ...... for pete sake stop comparing usa to nigeria . am not saying any business man starts great but understan people have got diffeent passion. I work in the oil industry , does it mean am stupid that am not doing business or does it mean I will not set up myself later . what is wrong if one wants to gain experience on how to run an organisation . I work in a multinational and the truth is it is totally different from the way majority of our nigerian companies are run . the point is there is nothing wrong in wanting to gain experience . no one licks asses where I work , everyone knows what they are doing. you lick asses when ou dont know hat you are doing in a backard organisation. whats the point of spening 5 years in the uni and then you ll have to spend another 7 years earning trade because you want to do business . as a graduate engineer do you just start up an engineering firm because you graduated or because you have proven expertise. businesses are failing because majority did not learn how to run a business ....... they just hear start up a business like you doing . if everyone starts selling spare parts or clothes who will work in your spare parts shop . since you run an excellent business , please give me the website to your company to see its landslide achievements .dont discourage anyone willing to work all in the name of business.in the first intance why did you choose to go to school if you knew you could start a business at a teenage age . except you studied business administratio no other reason is justified. now its blog business , verybody wants to own a blog because linda ikeji makes millions , if eevrybody owns a blog , who will visit your own blog .people run into a business because they hear the other guy is making millions without doing any feasibility survey to see if they can run the same business . yahoo's idea is totally differnt from googhle and google different from facebook ,facebook different from linkedin and linkedin diff from alibaba .... each of them have got their on experiences . they just did not all wake up one day all in the name of internet business

erico2k2:

I think your arguments are flawed in the sense that, people should look for ways to be self Employed, in the Uk today, Self employment accounts for up to 70% of the fall in unemployment. However the we as Nigerians should strive to be creative. Look at China, even though its a capitalist state, people are still self employed, if you visit sites like Alibaba you will realize 90% of goods sold there are local products by self employed persons. A young man passes out of Uni with BSC in Civil Engineering, his first thoughts are how to put together a CV and wants to work in Shell or J barger.He don't want to learn the basics of construction, no clue of how to mix cement or mould brick or lay brick or even draw plans for a small house.