₦airaland Forum

Welcome, Guest: RegisterLoginWith GoogleTrendingRecentNew

Stats: 3,328,133 members, 8,434,274 topics. Date: Friday, 26 June 2026 at 01:17 PM

Toggle theme

3 Sure Ways Nigerian Entrepreneurs Can Thrive Despite Current Economic Realities - Business - Nairaland

Nairaland ForumNairaland GeneralBusiness3 Sure Ways Nigerian Entrepreneurs Can Thrive Despite Current Economic Realities (262 Views)

1 Reply (Go Down)

3 Sure Ways Nigerian Entrepreneurs Can Thrive Despite Current Economic Realities by Holybwoy(op): 9:23am On Nov 01, 2021
Times are indeed hard. Contrary to government agencies quarterly report about a positive change in cost of inflation, the reality on the street and among the masses is different. The common man finds it difficult to feed and entrepreneurs are not left out of this mess too.

However, here are 3 sure and quickfire ways to ensure your business thrives amidst current economic disposition.

1. Take your business digital
There are about 100 million Nigerians online. What this means for your business is that there are at least, 5000 people who needs your goods or services. They are actively searching online but can they find you? You would think you are online but are you on the right platform? Online platforms like Owlette App helps you to connect to the right customers at the right time.

2. Buy and Sell Online
No matter what anyone says, it is cheaper and safer to buy and sell online. What this means for your business is that you can sell at ease and at the comfort of your home. You don't even have to have a physical meeting with any of your client before delivering goods and services. This can be achieved on platforms like Owlette. Back in the olden days, if you needed to sell a laptop, you will start walking around and hawking it to different people. They will even price you anyhow. But you can take charge by setting your own price and you are guaranteed to get interested buyers as soon as possible.

3. Be Reliable
This is the most important. The best form of advertising is "word of mouth". If you have been tried and tested at least three times, you are likely to get more referrals. But some Nigerian entrepreneurs were pushed into entrepreneurship by hunger.. small 100k credit alert like this, they have blocked client and ran away. That money will finish, but that client will spend their last kobo to pull you and your reputation down
Re: 3 Sure Ways Nigerian Entrepreneurs Can Thrive Despite Current Economic Realities by tosteMedia: 9:30am On Nov 01, 2021
That number 3 needs to be discussed properly.. nigerians are thrives, they just don't have the opportunity to steal yet and so they are quick to judge those who do.

Nice write-up oo and I believe Lalasticlala will agree this is good content for Monday morning
Re: 3 Sure Ways Nigerian Entrepreneurs Can Thrive Despite Current Economic Realities by XXXXTENTACION: 9:36am On Nov 01, 2021
Pure trash..... undecided
They is no magic you can do as an Entrepreneur, Nigerians that can't even afford basic things like food how do you expect them to afford luxury products.... huh
According to statistics 99% of Nigerians don't have up to #500,000 in their accounts how do you expect them to buy goods online...
all these motivational speakers sef..... cheesy
Re: 3 Sure Ways Nigerian Entrepreneurs Can Thrive Despite Current Economic Realities by Driggs: 9:36am On Nov 01, 2021
grin grin

Nigerians and honesty na word and opposite

Lalasticlala da?
Re: 3 Sure Ways Nigerian Entrepreneurs Can Thrive Despite Current Economic Realities by Holybwoy(op): 10:12am On Nov 01, 2021
XXXXTENTACION:
Pure trash..... undecided
They is no magic you can do as an Entrepreneur, Nigerians that can't even afford basic things like food how do you expect them to afford luxury products.... huh
According to statistics 99% of Nigerians don't have up to #500,000 in their accounts how do you expect them to buy goods online...
all these motivational speakers sef..... cheesy
Nigerians don't have money until there's something important dey to pay for..

All of us dey disguise except Lalasticlala
Re: 3 Sure Ways Nigerian Entrepreneurs Can Thrive Despite Current Economic Realities by Myzubby(m): 10:15am On Nov 01, 2021
okay O
Re: 3 Sure Ways Nigerian Entrepreneurs Can Thrive Despite Current Economic Realities by XXXXTENTACION: 10:19am On Nov 01, 2021
Holybwoy:
Nigerians don't have money until there's something important dey to pay for..

All of us dey disguise except Lalasticlala
You wan't Lalasticlala to move this thread to frontpage... Please try explain how these will increase the number of snakes in the forest... huh
1 Reply

Shoprite to shut down Abuja Branch On June 30 Due To Current Economic RealitiesNigerian Entrepreneurs Who Are Doing Nigeria And Africa Proud5 Ways How The Arrest Of Invictus Will Affect Hardworking Nigerian Entrepreneurs234

I Have Down Payment. Need A CarFREE TO AIR INSTALLATION SERVICE & REQUIREMENTS SALEHow To Create A Blog In 2022 And Make Money