₦airaland Forum

He has a Bachelors certificate, thats one. He is a graduate, who has the potential of getting employed into any flexible industry such as the banking sector, that does not have anything to do with computer science degree, thats another. He doesnt even need to know how to program, the most important thing is he graduated.

By the way, if you are not a skilled graduate, that is not a problem at all, especially in Nigeria . Infact I am the type that would throw away my "kpali" after i graduate. But what i was trying to correct there was, Scarifies such as "sacrificing your university education" to be an entrepreneur, shouldn't be encouraged.

you are absolutely right. Corruption solved = Nigerian problems solved.

When you know, you are not in love?

joftech:
So for anyone that want to be an entrepreneur you must have the inbuilt willingness to work for yourself and not under anybody, because what powers an entrepreneur is the willingness to take risks, these risks include letting go of some things like a university education, comforts and enjoymentand many other things.

Well said, but i don't agree with the university education and comfort lines. Maybe you might give examples like Micheal Dell, Bill Gates, Henry Ford etc.

But that should not be an excuse to run away from education, or even deny yourself the comfort of life.

Seun ?? Entrepreneur in design . its like saying an entrepreneur in selling groundnuts, whilst he participates directly in the sales.Man do some research on your definitions . You seem to believe a Businessman = An Entrepreneur. And Besides your self-employment, idea of employing another person, theory is quiet interesting. Anyways we all got our definitions and understandings. I respect yours



An entrepreneur is a person who habitually creates and innovates to build
something of recognized value around perceived opportunities

So in point form
An entrepreneur

1 Is a person who makes a significant difference
2 Is creative and innovative
3 Spots and exploits opportunities
4 Finds resources and competencies required to exploit opportunities
5 [/b]Is a good team-builder and networker
[b]6 Is determined in the face of adversity and competition
7 Manages change and risk
8 Creates capital.

Therefore, a Businessman is different from Entrepreneur. Forgot the building part, but i guess i said it before.

I watched something similar, on BBC once. It was a documentary on how people, strive to reach Europe via Morocco. It is really shocking, when they showed some of the skeleton's of those that died in the desert while trying to travel to Europe.

I think the reason for this type of insanity, is triggered by the attitude presented by some Nigerians staying abroad, when they go back home. They spend lavishly, as if they earn millions, they do extra-ordinary stuffs, and exaggerate about everything back in Europe or even other countries etc. I mean what would trigger someone to go through all the troubles, just to make it to somewhere he has never been to?, thinking everything would be fine, once he reaches there? Europe is Heaven on earth i suppose.

Is it poverty? or if you say poverty, what about those that travel by airplane, how could they afford the air ticket? or even go through the hassles in obtaining a visa?

Well on the issue of destiny, being the reason, how do they know their destiny? Did they go to the "Babalawo" to check their future? Or their Pastor or Imam forseed their future? Common

Really i am confused sometimes when i try to think of the reasons, on why, and as we are discussing it, some people are still at it, trying to "JA" as they call it.

have you heared yourself on audio before?

I stand to be corrected. So point out my mixup.

Trust me in tha kind of situation, his father would not believe him. What of if she denies that it is not her voice? And starts a drama?

Man this is a complex world. not 007 world as Jogego said.

Bill gates wasn't an entrepreneur at the beginning, he was a businessman and a programmer. He had passion for computers and the future prospect of computing. Bill has been involved in business since he was in school, he made money selling software that he made for his school and city.His first company was called Traf-O-Data, they sold a program that could count traffic in a city.

The difference between an entrepreneur and a businessman is that, the entrepreneur is in it for the quick flip, while a businessman makes a lasting contribution to the community. The business men are important people - they make the world run on time - but they are not all entrepreneurs.

A simple shopkeeper is a businessman, but not an entrepreneur. All Entrepreneurs are businessmen, but not all businessmen are entrepreneurs.

So i hope you get me now

Good point raised there, Seun, i wanted to hit on that in my first post, but i taught it was unnecessary. What we have mainly in Nigeria is self-employed people. Entrepreneurs are not that many, and even some people tend to confuse the difference between a business man, an investor and a self employed person.

They are totally different. And i guess Seun explained that already. Everything has risk as Seun already stated, There is no business in this world, that would say, it has never made a bad decision before, during operation, either to improve the current services rendered or to decrease running cost, whatever the case might be, there is always the possibility of overlooking some possible factors . Just that the way they cope with the effects of the bad decision, varies on how well they would have prepared to accommodate possible failures of that operation in question. Infact every business decision making is risky. All we have to do, is prepare and have a backup plan, in case the decision fails.

Working for someone is not even less risky, because you can get fired or even demoted, anytime. Losing a job means 0 income, demotion means your lifestyle has to change. Except maybe you work for the Federal Government of Nigeria, which in that case, you might be safe from such factors. I love Nigeria.

But the question is, how many of us are entrepreneurs and how many of us have the courage to take the risk?

tayotina:
And when MTN finally repaired their machine....I got a new SIM fast...

Dem !! Nigerians are sleek, even the women

oh, we are not just any other Nigerians, we are new Gen Nigerians.

good choice. Obong has a good taste in web design.

ok thats what we are talking about. That is professional, with the touch.

hehhe, as i said before, never, ever, even make the mistake of telling your Dad. Trust me you fathers wife, is always his wife, and whatever she says, she would be believed. Even if it is so obvious, that she is the guilty one.

As Jogego said, pretend you dont know what is going on. That would work. And i would say avoid her, and dont make it obvious, to her, that you are avoiding her.

Well if you really interested to know, you can pm me, stating the type of business you would like to run, and what it would entail as in the inputs and roles of the Nigerian based partner, etc. I would be glad to help you through.

rob you blind . depends on how you do it.

Php nuke ? common man, there are better content managers out there.

bioye:
i doubt anyone here has enough practical experience to be so sure about investing. i am comfortable taking the risks in the market.

Lolz. are you very sure about that statement . Think again.

Dem seun you are too bad. what would i do with you?

Ehem the topic. lolz , i don't even know what to say, this is more of a tutorial topic.
Starting a business in Nigeria, is really easy, and not really challenging at all, just like Seun said. Infact I love the market so much that i decided to marry it with all the forces available to penetrate the market. And with the help of two of my loyal trusted partners, who happened to be Nigerians based in Nigeria surprisingly, we would hit that market badly. And to the rest yet to be entrepreneurs, keep up with that attitude.

I love the fact, that Nigerian youths, especially aspiring entrepreneurs hate partnership. They want everything for themselves. How can someone be running a Nigerian based company all the way from Malaysia, be doingwell in the Nigerian market, especially with a firm grip? No offense guys in Nigeria, but you guys really helped me a lot. Keep up the good work. I love your competitive price tags and innertia. Just keep it that way.

Well come to think of it, i really do not have much to say. I don't need to leak all the secrets to them, just like seun did a little bit. Oh seun i feel like smacking you. Keep up the good work guys. peace.

there is nothing wrong with templates, if you can buy them and customize then for your clients. Templates are not designed by aliens, they are designed by professional web designers.

the Nigeria news world, i hope u dont mind my critic. its amature,. you really need to try your hands on more basic html and css, before proceeding to images and optimizing them for the web. You also have problems with your web layout alignment, everything is just scatered, not properly position. looking for inspiration? check www.cssvault.com

First of all, the designed you showed has some um, is not professional. But yes something better than that can be achieved. That would cost reasonably arround 300 USD, without a content manager, just the basic custom made template, professional looking and it would be browser compliant.

With a content manager, i am going to use an open source software for that so i would charge another extra 150 USD to blend it.

This would make a total of 450 USD. I am more of customizing guy, you can check my blog out for an example of my customized blog. and also you can feel free pm me for more urls.

Goodness what kind of people are these?

You would sleep with your step mom? Gosh , you guys disgust me.

But lets even face it, why would your stepmother want to sleep with you? Is she that starved? Or you are Joseph? too Handsome

Sounds like you just read Kiyosaki's book. . just kidding, you sound like one of his converts. when you mention 401k, I had a flash back to his theories.

Anywayz as you said, it is for your retirement, well that is something worth noting youths. . Well retiring and relying on what you left hidden is good, especially if it turns fruitful . Non taxable income and all that. hum impressive.

But really, if you have money for short time investment, pm me. I have just the thing that would do the magic, and of course with security.

Do not sleep with her. Let her do whatever she wants to do. Do you believe in destiny? If you do, then whatever is going to happen would happen. But do not let the devil, deceive you. For what man wants sometimes is not what he needs.

Maybe you dont even need to go overseas, for futher education? who knows. All you have to do is pray, you need prayers. And please, dont even think about telling your dad about it.

yes everything is free. there is nothing contradictory. this is a special offer.

Well there is no law that states so. What we are giving here is our opinions from experience in regards to the topic. So as you said this is what your dad does. Great, so can we get your input from that aspect, experience etc?

Well if i am allowed to quote the greatest Robert, he says and i quote, There is good debt and bad debt. And I would classify borrowing to fund stocks, a bad debt. Because you might lose it, the certainty is there.

A good investment, is an investment whereby, you don't lose from year 1 (in the case of stocks). What I mean here is that, your running cost should not be more than your income from that investment.

An example is starting an Investment with 1000 naira, your income from that investment is 800 naira yearly and your running cost for that investment is 1000 naira yearly, and that means you are losing 200 naira from year 1. What i am encouraging is, at least be on the break even line. let your income from that 1000 naira investment be at least 1000 naira or more yearly. Because you can't count what you do not have as yours.

You might say that, you can sell the shares right, after year 1? but is that not an investment, as it is said, it is not supposed to be sold, for quick bucks. . The point is, you can not get a good feedback from stocks, if they are not meant to be sold, don't forget your money that is tied down, that is money, you can use alternatively to do something else, do we call it opportunity cost in economics?, i think so . If stocks where not meant to be bought and sold, then they are not worth investing in.

The main company is just getting free bucks , for goodness sake. One more thing, we should not forget the value, of money, 1000 naira this year, is not 1000 naira next year, money either devalues or appreciates, based on the economy of the country and that also we shouldn't forget, the position of the company in the market. So now is shares tooo risky or fun?

Be safe, and be able to run for the exit anytime, anytime. That is what an investment should be.

ok now really something confuses me, i don't remember saying that its wrong investing in a long period of time. Infact most of my business plans actually have a targeted 3 years ROI. So i think that you got what i am saying totally wrong.

By the way this is the points, i actually took, and tackled in my post.

Imnakoya:
Investing in stocks is a very viable business if one takes time to really learn how to do it. It is really a complex venture, and the returns surpass putting your money in a savings account! What does the bank do with your money anyways? They trade with it, and they give you peanuts as returns!

You just need to know what you are doing...of course there are some risk involved in stocks. Losses are not uncommon, just as it is in any venture.

I encourage your readers to learn about business in general and stocks in particular...it is a game of timing and big numbers. So form an investment club, find a mentor and invest...the gains outweights having all your money in a savings account.

And honestly i am suprised at your latest response .

Imnakoya:
What has happened to long term investment, people? Everybody wants to be millionaire overnight! Wow!! Mind you, I have nothing against it.

I'm worried that the impression one gets from Kazey is that stock investment is solely for quick bucks. Yes you can make it that kind of money if you have the capital, no doubt.

A sound knowledge is the key to getting the best return out of any them.

I really appreciate the exchange and sharing of ideas, so i would really appreciate if you respond to my post tackling issue after issue that i raised, so that, the stock investors to be, would be very well educated from our inputs. Thank you.

By the way, why do you invest in stocks? Imnakoya . Just curious.

Dont recognise him with the pics, thats pathetic.