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Excuses Graduates Give For Not Starting Their Own Business - Business (4) - Nairaland

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Re: Excuses Graduates Give For Not Starting Their Own Business by jbl007(m): 11:15am On May 18, 2015
ogorkojo:
Thanks OP. Hustling mode activated. NYSC come and finish o.
where are you serving?
Re: Excuses Graduates Give For Not Starting Their Own Business by kendraloops: 11:17am On May 18, 2015
cheemahking:
Mr OP...ur rilly a kid...u lack a lot of intelligence in dis ur write up...u want a graduate to go ahead and sell pure water or gala...in d bid 2 start small...are u dis foolish...dis is Nigeria, u dnt xpect a person who spent his tym studyin difficult courses in skul...crackin his brains..day in day out...2 go out and compensate d fact dat he/she hasn't gotten a job by sellin dis tinz u meantioned...mehn u a Fool...u didn't even talk about d fact of teachin kids den tryin 2 start a lesson class for kidz...@least 2 keep ur brain alive...u dae dere dae talk lyk IDIAT...Grow up jare and be grateFul u av sumtin doin!!! PIKIN
Quit the insults bro, he just used gala n water to illustrate. i guess you got the point he was tryna make but something in his post hurt you a lot. Take it easy ehn?
Re: Excuses Graduates Give For Not Starting Their Own Business by goodgate: 11:18am On May 18, 2015
KEVIND:
OP you mean after I've graduated & my parent spent about 2.8Million naira on my education in a Private university for 4yrs i should start hawking sachet water at area 1, Abuja in the name of starting small. Pls you don't know anything about Dangote and how he started cos if you do you woudn't be using him as reference.
What you call business is what i refer to buying & selling. Business is much more than Trading or buying & selling.
2.8m is not much now,my neigbour finish from University of Portsmouth,came to nigeria to work but could not get, so he decided to work with my dad as truck manager, my dad was willing to pay 150k,but his father refused and said the job was unbefitting for his son considering his societal status,he then ask his father to give 2.5m to start a business and his father said he had spent almost all he had on his schooling abroad, the guy got vex go learn keke napep/marwa, after about 2 months he said he wanted to start trading yams and tomato, na so him leave house that was 2013 now eeh the guy don HAMMER SHEGE, he set up a proper company exporting cassava and importing tomato paste.So then tell them to give you just quarter that amount to set up something that will yeild MONEY!
Re: Excuses Graduates Give For Not Starting Their Own Business by Nobody:
Robert Kiyosaki said "everything you need is on the other side of fear". The summary of all is fear! Nobody should talk of capital in this information age where with only N3,000 I subscribe to promote a nigerian platform that pays in naira to my nigerian bank account every 2 weeks up till last friday. No product to sell. No website needed. Just share the information as I'm doing now.
Re: Excuses Graduates Give For Not Starting Their Own Business by toluxe0075: 11:23am On May 18, 2015
suptol:
I think have already started by the grace of God.

Of a truth they say, "the beginning is always the hardest", I did experience that but now is a thing of the past.

If you ever want to be successful, you need to take the bold step of Faith.

Haven't said that, if you need a creative graphic designer for your next project, kindly get in touch.
We quite know how to make artwork speaks.

Below is a link to my portfolio

https://www.nairaland.com/1841535/suptol-designs-portfolio
You're really creative bro, more power to your elbow
Re: Excuses Graduates Give For Not Starting Their Own Business by KEVIND:
Missonas:
Be creative.no one is asking you to do what you feel is beneath you bro.Give it some thought.Its even better to start small, so u dnt run a huge loss before u go all in.i started with 20k.
Sis, i'm not saying you can't be creative with small capital but i find it funny when some dudes will just sit somewhere & type Rubbish in name of encouraging graduates.besides what I've achieved thus far was not a help from anyone.but by the Grace of God & the passion i have for what i'm doing. Government cannot blame the graduates for their own ineptitude & bad management of the resources.They can't pass the buck to Nigerian graduates due to their recklessness in managing the economy. Nigeria graduates are excelling in diferent field in other countries where they are opportune to work. Do you know that Nigeria is one of the most toughest & difficult country to startup a business due some indices which i can't state now.
Re: Excuses Graduates Give For Not Starting Their Own Business by Nobody:
steppin:
Op, she just proved you right.
Same excuse...I can't do this, I can't do that.
If you can't do little, how can you do the real work when it eventually comes?
I guess begging and depending on someone is better.
Chimkaire, where are you? You need some lessons here.
**ka m na-agbakwa oso ahia m, na-etinye ife na-akpa**
Now, don't get on my last nerve angry
You have been blabbing my name all over with reckless abandon all week. My ignore button never brought you to senses. I aint jobless and stupid like you *take note*. Talk about mistaking me for someone else and spamming my mention with your reports! This is my last reply to, dweeb sad What more proof of joblessness. shocked undecided
Re: Excuses Graduates Give For Not Starting Their Own Business by KEVIND: 11:31am On May 18, 2015
goodgate:
2.8m is not much now,my neigbour finish from University of Portsmouth,came to nigeria to work but could not get, so he decided to work with my dad as truck manager, my dad was willing to pay 150k,but his father refused and said the job was unbefitting for his son considering his societal status,he then ask his father to give 2.5m to start a business and his father said he had spent almost all he had on his schooling abroad, the guy got vex go learn keke napep/marwa, after about 2 months he said he wanted to start trading yams and tomato, na so him leave house that was 2013 now eeh the guy don HAMMER SHEGE, he set up a proper company exporting cassava and importing tomato paste.So then tell them to give you just quarter that amount to set up something that will yeild MONEY!
Bros,i'm interested in the truck manager job.
Re: Excuses Graduates Give For Not Starting Their Own Business by goodgate: 11:34am On May 18, 2015
KEVIND:
Bros,i'm interested in the truck manager job.
where are you? Although we have gotten but i can link you up.
Re: Excuses Graduates Give For Not Starting Their Own Business by KEVIND: 11:36am On May 18, 2015
goodgate:
where are you? Although we have gotten but i can link you up.
Abuja.
Re: Excuses Graduates Give For Not Starting Their Own Business by persius555(m): 11:36am On May 18, 2015
Op, owning a business in nigeria is not about the paperwork you learnt in BUS 309 or whatever entrepeneurship courses you took in school. Nigeria is not the UK, US or foreign countries where there are incentives and infrastructures and facilities on ground. You need to be able to think outta the box at all times. We wey we be entrepeneurs know wetin eye dey see. The gloomy picture of businesses collapsing barely into gestation business is alarming but shouldnt be discouraging. Piece of advice, dont expect the money to roll in overnight, see it as a nurturing process to push for bigger opportunities in a large market like nigeria. In this terrrain, u are ur master so also ur own govt. Seek advices(not necessary take advice from everyone)from entrepeneurs who have swam through the murky waters of owning a business in nigeria, be creative and see your customers as an asset u dont toy with. No complacensy towards customers as some would want to take undue advantage. Financial prudency especially at growing stage is critical.
Re: Excuses Graduates Give For Not Starting Their Own Business by Dollarchap(m): 11:42am On May 18, 2015
[size=20pt]You may not be born entrepreneur but you can learn it. Learn everything about business ideas & tips, business plan, raising capital, marketing, HR and Management etc from http://businessinfohub.com[/size]

Re: Excuses Graduates Give For Not Starting Their Own Business by delors(m): 12:00pm On May 18, 2015
I hope you are not expecting your ideas to encourage anyone here because I read through the article and the only business idea I see in the whole wrote up is 'pure water, ice block and gala' for a graduate. Isn't that ridiculously embarrassing both for the writer of the article and for a learned graduate (I suppose you are a graduate) to be short of ideas for his/her article?
Imagine a fresh graduate hustling pure water and gala on the streets, what then will high school leavers, school dropouts and non educated ones will sell? That's one. And if graduates start hustling gala n pure water as 'start up biz' what then is the future of Nigeria?


#PovertyOfIdeas
Re: Excuses Graduates Give For Not Starting Their Own Business by Pureheart91(m): 12:10pm On May 18, 2015
I have been givin tot to dis afta it was told dat a widow trained ha 3 children ryt frm primary to uni levels till dier NYSC point wid jst sellin of the normal Akara. And not even stopin dere she is also on d verge of completn dier own house. Hmmn, i said to myslf..just picture a Graduate afta 5-7yrs in d uni comes out and spends extra 1-2yrs on NYSC, and den goes into fryn n selln of Akara!. Chow such a tyt economy.
Re: Excuses Graduates Give For Not Starting Their Own Business by Toks2008(m): 12:24pm On May 18, 2015
The first step is knowing your ideal business then follow it up.Many people are round pegs in a square hole

https://www.nairaland.com/2313526/personaility-holds-key-ideal-career
Re: Excuses Graduates Give For Not Starting Their Own Business by Raalsalghul: 12:25pm On May 18, 2015
Dyt:
NOT EVERYONE IS BUSINESS ORIENTED NOT EVERYONE CAN DO OFFICE WORKS WHEN WE WILL LEARN TO TOLERATE ONE ANOTHER
WE ARE DIFFERENT PEOPLE AND CANT ALL DO SAME THING.
God bless you my sister. It's not everybody that is business oriented.
Re: Excuses Graduates Give For Not Starting Their Own Business by Missonas(f): 1:05pm On May 18, 2015
KEVIND:
Sis, i'm not saying you can't be creative with small capital but i find it funny when some dudes will just sit somewhere & type Rubbish in name of encouraging graduates.besides what I've achieved thus far was not a help from anyone.but by the Grace of God & the passion i have for what i'm doing. Government cannot blame the graduates for their own ineptitude & bad management of the resources.They can't pass the bulk to Nigerian graduates due to their recklessness in managing the economy. Nigeria graduates are excelling in diferent field in other countries where they are opportune to work. Do you know that Nigeria is one of the most toughest & difficult country to startup a business due some indices which i can't state now.
Trust me i knw hw it feels cos i've been there.The truth is many graduates don't have all the cards in their hands hence the difficulty in equipping themselves. Granted the govt has failed us bt we cannot continue to blame em so we do what we can to survive. Nigerians are born hustlers this piece can be of help to some people and not all the problem with it is the generalising. Above all God crowns our efforts...
Re: Excuses Graduates Give For Not Starting Their Own Business by iscbaba: 1:23pm On May 18, 2015
LaurelP:
I am writing this article based on my experience here on Nairaland and other online forums, and also live experience. A lot of people have preached and continue to preach the message of self employment and setting up something no matter how small.
It is very glaring that unemployment is the no1 problem of youths in this country. Many are lying idle after years of graduation due to lack of jobs.

Some people have heed this advice and are doing business, while others continue to give various excuses why they cannot seem to venture into the world of business. Some of these excuses are voiced out, while others are hidden in subconscious of people.
My aim is to expose these excuses and myths, and tell you why they are not enough to stop anybody who truly wants to start.

1. I don't have capital to start: I think this is the greatest and most common excuse graduates give for not being self employed. But the problem is that most of them want to start big. They want to have about half a million before they start. The truth is you can start with anything you have, anything! Even N2000 can buy a bag of purewater, iceblock and transport you to a busy location where u can sell. Some graduates have much more than that, some have people who are ready to help them with money but prefer to wait for that big break which will never come.

2. Overbloated Ego: Most graduates will not say it but I think this is one of the greatest hindrances to starting a business. How can I a graduate be selling purewater and gala? How can I be cleaning people's house? How can I be washing clothes for my mate?
All this is a result of ego and pride. If you cannot humble yourself, then forget about doing business. Even if you start big, you will still serve customers.

3. What will people say? People will always talk. If you decide to be lazy they will talk, if you start small they will still talk. The best is to forget about peoples gossip and do what must be done. I run a home cleaning business and I serve many clients, some of them my mates. I need their money so I can't afford to listen to what people say. The funny thing is when you succeed they will say ur using Juju.

4. Will I succeed? Well, the only answer to this is "I don't know". In business, you can never be 100% sure if you will succeed. The most important thing is to START. Once you're sure that people need your product or service, start. If you wait your mind will start giving you excuses.

5. I want to start Big: I always advice people to start SMALL but dream BIG. Every business you know started small. Talk of Dangote, Jumia, Nairaland etc. Don't wait until you have a million naira. Once u can buy materials and move around, start. It is not compulsory to have an office or shop, it can come later.

6. I have a job: A person can run a business even when he's working on a job. You don't have to resign. There are many businesses one can run that doesn't require physical presence all the time. You can employ someone to represent you.

7. I'm waiting for the perfect time: There will never be a perfect time. Quit procrastination and start NOW. Do that research, meet that person, buy those materials, just start.

8. I want a fresh business idea: Nothing is new under the sun. There is always someone doing what you're doing. The key is to try and stand out from the crowd. Be different and people will patronise you.

9. I'm not qualified: Unless your business requires a special skill, there's nothing to worry about qualification. Most big names today had only basic education (Dangote)when they started their business. Some dropped out of school (Nairaland) while some started as students (Jobberman).


What excuses are hindering you from starting your business? Please share them let's talk about them.


Cc: davide470, uboma
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Re: Excuses Graduates Give For Not Starting Their Own Business by yazz09(m): 2:01pm On May 18, 2015
Setaje:
What can I do for u op?
chai

dem call you here to scare the op with your face abi nah watin?
Re: Excuses Graduates Give For Not Starting Their Own Business by Bolade005: 2:05pm On May 18, 2015
People just want a cheap alibi, someone to heap the blame of their own ineptitude on. Continue to blame the FG while people with foresight have taken the bull by the horns and prospering in the larger world. Graduates, please be creative.

Few months ago, I was also thinking I wasn't business oriented and I couldn't survive but here I am doing good. The link below is my story.

https://www.nairaland.com/2316549/self-employment-realest-deal

Talking of capital, there are businesses people will readily give you "credit", where you take goods, sell to your customers, remove your own profit and pay back the owner.

I met a brother very much older than me who is also in my line of business who started with nothing. This is what he told me he did.
First, he went to meet people that sells beer in wholesales and compare their prices, then he picked out the wholesaler with the best price and struck a deal with him. I will find customers to buy from me and you will sell on credit, once I make delivery and I get paid, then I pay you.

He then afterwards went to find customers, went to bars, restaurants, hotels and anywhere beer is been sold and told them he could supply them, all they need do is give him the number of various brands of beer they want and he will deliver to them.

This brother started with nothing, zero naira but today he's a big distributor. He is successful.

There is a market for everything, there is something out there certain people want and they are ready to pay big for it. Think, do your research, find the market and their need(s) and supply them. Stop waiting for government.

Pardon my errors.
Re: Excuses Graduates Give For Not Starting Their Own Business by Setaje(f): 2:07pm On May 18, 2015
yazz09:
chai

dem call you here to scare the op with your face abi nah watin?
I guess so grin
Re: Excuses Graduates Give For Not Starting Their Own Business by MsTIQ(m): 2:11pm On May 18, 2015
LaurelP:
1. I don't have capital to start: I think this is the greatest and most common excuse graduates give for not being self employed. But the problem is that most of them want to start big. They want to have about half a million before they start. The truth is you can start with anything you have, anything! Even N2000 can buy a bag of pure water, ice block and transport you to a busy location where u can sell. Some graduates have much more than that, some have people who are ready to help them with money but prefehere on Nairaland and other online forums, and also live experience. A lot of people have preached and continue to preach the message of self employment and setting up something no matter how small.
It is very glaring that unemployment is the no1 problem of youths in this country. Many are lying idle after years of graduation due to lack of jobs.

Some people have heed this advice and are doing business, while others continue to give various excuses why they cannot seem to venture into the world of business. Some of these excuses are voiced out, while others are hidden in subconscious of people.
My aim is to expose these excuses and myths, and tell you why they are not enough to stop anybody who truly wants to start.
r to wait for that big break which willnever come.



Cc: davide470, uboma
Na curse?? I think a "may" is rather more appropriate! wink
Re: Excuses Graduates Give For Not Starting Their Own Business by sacostyles(m): 2:25pm On May 18, 2015
ednut1:
not everyone is business inclined
while you might be right, I believe that some might be more inclined than others, just like some students might be more brighter than others, but as you and I both know, not all first class graduates were first class brains... maybe it comes down to the individual's motivation. so if you are like me that believes that success in anything is deliberate, maybe it's the same with business...
Re: Excuses Graduates Give For Not Starting Their Own Business by sacostyles(m): 2:30pm On May 18, 2015
I don't have to be business inclined to succeed in business. Look at bill gates or mark Zuckerberg for example. I just know that I shouldn't have any stories for my unborn generation when there is no food on the table. just like success in school comes down to learning and applying principles, perhaps a similar mindset is required for business, except I wanna remain broke all my life #BloodOfJesus
and if you didn't get it right in school it doesn't mean you will get a "let my people go" result at business. That is also a common misconception. I'lI be back with more of these at a later date...
Re: Excuses Graduates Give For Not Starting Their Own Business by sacostyles(m): 2:51pm On May 18, 2015
You are very hard working right...
1 question... are the results showing?

I hear that one of the worst things in life is to be hard working at the wrong things.

1 more question... have you heard of the concept of smart work or leveraging?

Perhaps if you leveraged off financially prudent person you could achieve your desired result and end up even helping the prudent person...
E.g... my mum is very free handed person. She bought a keke and put it on hire-purchase. She gave it to one of her nephews to manage it for her for a commission at very little cost to her. He's a prudent go getter in his final year at futo. After 6 months he now owns and operates a small scale fish farm from the little money he made managing this keke for my mum. And he is still in school... and my mum uses that little money she gets from her keke biz to buy new shoes and hand bags for her people.

I'm a network marketer and I run a medium scale business and train others to start and run theirs also.

Dyt:
You don't know everyone one
Do you?
I am jobless too
I can't do business cos I am a free giver
I can't learn craft cos I get tired easily
Not like I am lazy, as a matter of fact I am very hardworking

We all can't do samething
Speak what you know
Re: Excuses Graduates Give For Not Starting Their Own Business by madgoat(m): 2:52pm On May 18, 2015
LaurelP:
9. I'm not qualified: Unless your business requires a special skill, there's nothing to worry about qualification. Most big names today had only basic education (Dangote)when they started their business. Some dropped out of school (Nairaland) while some started as students (Jobberman).


What excuses are hindering you from starting your business? Please share them let's talk about them.


Cc: davide470, uboma
shocked did nairaland owner drop out of school? I need more info on this. .... I might just be inspired to do d same. lipsrsealed
Re: Excuses Graduates Give For Not Starting Their Own Business by Trottle: 3:29pm On May 18, 2015
cheemahking:
Mr OP...ur rilly a kid...u lack a lot of intelligence in dis ur write up...u want a graduate to go ahead and sell pure water or gala...in d bid 2 start small...are u dis foolish...dis is Nigeria, u dnt xpect a person who spent his tym studyin difficult courses in skul...crackin his brains..day in day out...2 go out and compensate d fact dat he/she hasn't gotten a job by sellin dis tinz u meantioned...mehn u a Fool...u didn't even talk about d fact of teachin kids den tryin 2 start a lesson class for kidz...@least 2 keep ur brain alive...u dae dere dae talk lyk IDIAT...Grow up jare and be grateFul u av sumtin doin!!! PIKIN
op hijacked your wife? shocked shocked why all these vituperations undecided undecided
Re: Excuses Graduates Give For Not Starting Their Own Business by 4ormidable(m): 3:40pm On May 18, 2015
Speechless..speechless..is how this makes me feel.. When i'm in such thread i lost for words..
Re: Excuses Graduates Give For Not Starting Their Own Business by free37: 3:57pm On May 18, 2015
Nice post @ op.
Re: Excuses Graduates Give For Not Starting Their Own Business by no1madman(m): 4:07pm On May 18, 2015
Dyt:
NOT EVERYONE IS BUSINESS ORIENTED
NOT EVERYONE CAN DO OFFICE WORKS
WHEN WE WILL LEARN TO TOLERATE ONE ANOTHER

WE ARE DIFFERENT PEOPLE AND CANT ALL DO SAME THING.
yes,not everyone can. . . . . .
Re: Excuses Graduates Give For Not Starting Their Own Business by steppin: 4:16pm On May 18, 2015
chimkaire:
Now, don't get on my last nerve angry
You have been blabbing my name all over with reckless abandon all week. My ignore button never brought you to senses. I aint jobless and stupid like you *take note*. Talk about mistaking me for someone else and spamming my mention with your reports! This is my last reply to, dweeb sad What more proof of joblessness. shocked undecided
Have you got that job yet?
Thought you were running off your little mouth in the other thread?
What happened? The cat got your tongue?
Next time your silly ass wants to quote someone, check out the username first!
Bush girl!
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