What Is The Main Obstacle To Starting Your Own Business? - Business

What Is The Main Obstacle To Starting Your Own Business? - Business - Nairaland

Nairaland Forum › Nairaland General › Business › What Is The Main Obstacle To Starting Your Own Business? (1161 Views)

What Is The Main Obstacle To Starting Your Own Business? by AbsoluteHealth(op): 11:37am On Mar 11, 2015

We all are enthusiastic about starting our business, day in day out. But certain challenges often discourage us at the threshold of taking that decision. In fact, some folks have procure everything they needed and were just waiting for 'the right moment' that may not come for a long time. So, its not just 'capital', as everyone wont to say. What is your unique experience available to share? It might find impetus for success.

Re: What Is The Main Obstacle To Starting Your Own Business? by channelz: 12:28pm On Mar 11, 2015*

Basically it's an opportunity for acquiring the technical knowhow.

Re: What Is The Main Obstacle To Starting Your Own Business? by AbsoluteHealth(op): 1:08pm On Mar 11, 2015

Where do you stay?

Re: What Is The Main Obstacle To Starting Your Own Business? by queenprecy(f): 4:50pm On Mar 11, 2015

for me is capital I HV all my business plan mapped out bt funding it is d problem. one love

Re: What Is The Main Obstacle To Starting Your Own Business? by AbsoluteHealth(op): 5:01pm On Mar 11, 2015

queenprecy:
for me is capital I HV all my business plan mapped out bt funding it is d problem. one love

Like how much are you looking at, to start with?

Re: What Is The Main Obstacle To Starting Your Own Business? by queenprecy(f): 5:06pm On Mar 11, 2015

AbsoluteHealth:
Like how much are you looking at, to start with?

like 500k to start up a school

Re: What Is The Main Obstacle To Starting Your Own Business? by AbsoluteHealth(op): 5:21pm On Mar 11, 2015

queenprecy:
like 500k to start up a school

Three years ago, one of my family friends were looking to start a school, they were also owing. So when little money came their way, I was there to say 'yes' with them, to their dream school. They started from four of their neighbours' children and today, the school is growing. @Queenprecy, start from the start, not from the end. If you start from the start, you will end at the end, but if you start from the end, you may end at the start. Start from creche in a descent room/shop/parlour: you need 80k, if you can suspend effizy and the likes.

Re: What Is The Main Obstacle To Starting Your Own Business? by queenprecy(f): 5:39pm On Mar 11, 2015

AbsoluteHealth:
Three years ago, one of my family friends were looking to start a school, they were also owing. So when little money came their way, I was there to say 'yes' with them, to their dream school. They started from four of their neighbours' children and today, the school is growing. @Queenprecy, start from the start, not from the end. If you start from the start, you will end at the end, but if you start from the end, you may end at the start. Start from creche in a descent room/shop/parlour: you need 80k, if you can suspend effizy and the likes.

dats wat I want to do rent an apartment n start off from dre. renting an apartment in my neighborhood is not a child play is so costly

Re: What Is The Main Obstacle To Starting Your Own Business? by AbsoluteHealth(op): 5:56pm On Mar 11, 2015

queenprecy:
dats wat I want to do rent an apartment n start off from dre. renting an apartment in my neighborhood is not a child play is so costly

There are two approach to success: use smaller leverages to access your bigger dreams. If you are all about your ends, it may be time taking. But in your environment as it is, there is something to do with 50k that in a year, you have net worth of 500k, without overhead. Now find out what smaller leverages is available where you are. Remember MTN callertunez: you have all it takes to be better...everything you need is around you.

Re: What Is The Main Obstacle To Starting Your Own Business? by queenprecy(f): 6:16pm On Mar 11, 2015

AbsoluteHealth:
There are two approach to success: use smaller leverages to access your bigger dreams. If you are all about your ends, it may be time taking. But in your environment as it is, there is something to do with 50k that in a year, you have net worth of 500k, without overhead. Now find out what smaller leverages is available where you are. Remember MTN callertunez: you have all it takes to be better...everything you need is around you.

kk thanks

1 Like

Re: What Is The Main Obstacle To Starting Your Own Business? by AbsoluteHealth(op): 6:21pm On Mar 11, 2015

queenprecy:
kk thanks

All the best my lady.

Re: What Is The Main Obstacle To Starting Your Own Business? by odimbannamdi(m): 12:39am On Mar 12, 2015

hi absolutehealth. please check out my thread and advise me accordingly
www.nairaland.com/2190427/dire-need-start-up-capital

Re: What Is The Main Obstacle To Starting Your Own Business? by channelz: 6:04am On Mar 12, 2015*

AbsoluteHealth:
Where do you stay?

1 Reply

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