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Nairaland Forum / Nairaland / General / Business / What Challenges Did You Experience When Starting A Business? (19968 Views)
What Challenges Did You Face When Starting Your Business? / 3 Common Mistakes People Make When Starting A Business / Share Your Business Start-up Experience:what Challenges Did You Face? (2) (3) (4)
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Re: What Challenges Did You Experience When Starting A Business? by tutudesz: 11:42pm On Apr 25, 2021 |
Money movement whether going to the bank to deposit or closing for the day. 4 Likes |
Re: What Challenges Did You Experience When Starting A Business? by Nobody: 11:45pm On Apr 25, 2021 |
Basically dealing with niggerians. 6 Likes |
Re: What Challenges Did You Experience When Starting A Business? by Saviolamemphix(m): 11:45pm On Apr 25, 2021 |
post=101124780:Shut up 6 Likes |
Re: What Challenges Did You Experience When Starting A Business? by codedsoft(m): 11:46pm On Apr 25, 2021 |
OmovuduTheBeast:. Don't you know these are the variables you will consider before running a successful business 1 Like 1 Share |
Re: What Challenges Did You Experience When Starting A Business? by Nobody: 11:46pm On Apr 25, 2021 |
Small capital |
Re: What Challenges Did You Experience When Starting A Business? by RapistOnBail: 11:48pm On Apr 25, 2021 |
teegrams: What challenge did you experience starting a business was the question 2 Likes |
Re: What Challenges Did You Experience When Starting A Business? by pennyland(m): 11:52pm On Apr 25, 2021 |
Every type of business has it challenge, give us the business name first,and we will tell you it challenge 2 Likes |
Re: What Challenges Did You Experience When Starting A Business? by gmacnoms(m): 11:53pm On Apr 25, 2021 |
slimthugchimee2:Sometimes business plans and strategy sometimes won't go as planned. There are times when you'd be faced with unplanned occurrences in the business, and as such, you might be faced with several business setbacks. One certain thing is, each time you face a setback or a challenge and scale through it, your business becomes stronger, you become wiser and grow. Business plan is great, but be open for the unplanned and build a strong will to thrive in the business against all odd 5 Likes |
Re: What Challenges Did You Experience When Starting A Business? by hucknall: 11:54pm On Apr 25, 2021 |
thebosstrevor1:what is bootstraps? Isn't it a .CSS file?
There isn't always light.... 2 Likes |
Re: What Challenges Did You Experience When Starting A Business? by Nobody: 11:56pm On Apr 25, 2021 |
hucknall: Lol... To promote and develop by use of one's own initiative and work without reliance on outside help. There is always light at the end of the tunnel. 1 Like |
Re: What Challenges Did You Experience When Starting A Business? by Ihatethemods2: 11:57pm On Apr 25, 2021 |
Still tryna start mine. Meanwhile, Meet the world most intelligent teenager, who is a Nigerian https://www.youtube.com/watch?v=6mUaLNhydCg |
Re: What Challenges Did You Experience When Starting A Business? by hucknall: 12:00am On Apr 26, 2021 |
thebosstrevor1: Okay, thanks. Does Red lights count too? you yourself said we might not be successful. 1 Like |
Re: What Challenges Did You Experience When Starting A Business? by Olofin2(m): 12:00am On Apr 26, 2021 |
The govt of Ondo state went after me. At the end of my nysc year in Ondo state in 2013, I established a desktop publishing centre in the town where I served. My prices for publishing per page and photocopy were half of what the locals were charging. I was approached not to destroy their means of livelihood with my charges. I refused. Next thing was that the local government officials came and demanded for tax of 15k in a business that was less than 3 months old. I had not made 15k since when I started that business. So, they seized my equipments until I was able to pay. After that, Ondo state internal revenue came demanding for 27k tax. I flared up and they closed my shop and took my computers, generator and photocopy machine away. I got them back after payment and left Ondo state forever. 12 Likes |
Re: What Challenges Did You Experience When Starting A Business? by GreaterFuture3: 12:00am On Apr 26, 2021 |
Everything and anything was/is and could still be a challenge. The country we live in is a very crazy one. You need Gardening, Flowering, Horticulture and Beautification Services or a Professional House Painter? Hit me Up I also supply Supply of Grains, mainly Soya and Maize �� I'm also Moving Up in the Logistics/Haulage and Currency/FX business. I pray that God would have mercy on me, ahiwe Favor and Grace |
Re: What Challenges Did You Experience When Starting A Business? by Nobody: 12:03am On Apr 26, 2021 |
hucknall: Lol...red light....don't understand. Yes..you "might" not be successful. You may or may not. |
Re: What Challenges Did You Experience When Starting A Business? by olisaEze(m): 12:03am On Apr 26, 2021 |
Since you’ve got everything set and ready to go, it is now time to go and pacify 'village pipo'. Nor let dem reason ur matter first, na dem dey worry our govt so! |
Re: What Challenges Did You Experience When Starting A Business? by hucknall: 12:03am On Apr 26, 2021 |
Olofin2:Wetin you do? |
Re: What Challenges Did You Experience When Starting A Business? by hucknall: 12:05am On Apr 26, 2021 |
thebosstrevor1:If one is not successful, then where is the light? 1 Like |
Re: What Challenges Did You Experience When Starting A Business? by Perfectman91: 12:05am On Apr 26, 2021 |
Mine was wrong location, lack of funds 1 Like |
Re: What Challenges Did You Experience When Starting A Business? by Nobody: 12:05am On Apr 26, 2021 |
Location,Difficulty Sourcing For Raw Materials and High Cost Of Production. |
Re: What Challenges Did You Experience When Starting A Business? by Nobody: 12:07am On Apr 26, 2021 |
hucknall: Why don't you look at the positive side instead of trying to argue English with me 1 Like |
Re: What Challenges Did You Experience When Starting A Business? by BruncleZuma: 12:08am On Apr 26, 2021 |
[center] [/center] |
Re: What Challenges Did You Experience When Starting A Business? by Judybash93(m): 12:09am On Apr 26, 2021 |
Poultry business.. The chickens were fine until they started to drop dead right in front me due to many factors. I was a rookie then, now i know better 4 Likes |
Re: What Challenges Did You Experience When Starting A Business? by edoman2016: 12:09am On Apr 26, 2021 |
slimthugchimee2:Experience is the key to success in business. Ideas and capital often fail in reality but experience will make the difference. 5 Likes |
Re: What Challenges Did You Experience When Starting A Business? by Ojemedad: 12:10am On Apr 26, 2021 |
slimthugchimee2: Starting is the major problem Then problem of credit, unfortunately credit is part of business Proper financial management, If you are not good in managing money don't even think of starting a business 4 Likes |
Re: What Challenges Did You Experience When Starting A Business? by moneyissweet(m): 12:10am On Apr 26, 2021 |
Always nervous |
Re: What Challenges Did You Experience When Starting A Business? by Olofin2(m): 12:10am On Apr 26, 2021 |
hucknall: At the end of my nysc year in Ondo state in 2013, I established a desktop publishing centre in the town where I served. My prices for publishing per page and photocopy were half of what the locals were charging. I was approached not to destroy their means of livelihood with my charges. I refused. Next thing was that the local government officials came and demanded for tax of 15k in a business that was less than 3 months old. I had not made 15k since when I started that business. So, they seized my equipments until I was able to pay. After that, Ondo state internal revenue came demanding for 27k tax. I flared up and they closed my shop and took my computers, generator and photocopy machine away. I got them back after payment and left Ondo state forever. 1 Like |
Re: What Challenges Did You Experience When Starting A Business? by STARGREEN(m): 12:12am On Apr 26, 2021 |
I think these two are among the major challenges; 1. Fear: This is another issue you must overcome. To be successful... you have to convert fear to faith. Always remember that uncertainty will come but with patience you will understand how to turn it to gain. In summary every challenge has solution. 2. Lack of Patience: Every business has gestation period to mature and be fruitful (profitable). You should wait for it to mature. Every business has ups and downs. Challenges must surely come but with patience you will make it. You equally have to know when to say NO. 3 Likes
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Re: What Challenges Did You Experience When Starting A Business? by mokkalu1(m): 12:14am On Apr 26, 2021 |
Be ready for failure, but don't ever think of quiting. That's all! 1 Like |
Re: What Challenges Did You Experience When Starting A Business? by horladexino(m): 12:22am On Apr 26, 2021 |
It is very frustrating when you don't have enough capital for starting business and bad location causing of low sale. I may not earn more than #500 for the whole week to the point of thinking of begging on nairaland, I has typed the messages before I deleted it for shameless shake I am phone repair technician and selling of accessories but making no sale is making my life to be frustrated and miserable MY brother please ensure you have enough capital for a start up and good location if not it will end in premiums tears 3 Likes |
Re: What Challenges Did You Experience When Starting A Business? by Nobody: 12:23am On Apr 26, 2021 |
Olofin2: Your competitors set you up. They must have used their union to call the government on you. You self would have been reasonable to their demands. 3 Likes |
Re: What Challenges Did You Experience When Starting A Business? by GreaterFuture3: 12:33am On Apr 26, 2021 |
Icumsa45:You are in the business of Sugar? |
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