Entrepreneurship In Nigeria Is A Scam And A Multiplier Of Poverty - Business (3) - Nairaland
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| Re: Entrepreneurship In Nigeria Is A Scam And A Multiplier Of Poverty by loshybab(m): 10:46am On Mar 14, 2016 |
oneolajire:The essence of education is not only to get job but to serve as an eye opener and to expose you to things that might enable you create your own job The engineering practicals of some aspect of engineering is just low,that's y not many machines can be designed/made in naija. The fabrication of agricultural machines in naija is trying though but they stl need more orientation. We shall get there!!! |
| Re: Entrepreneurship In Nigeria Is A Scam And A Multiplier Of Poverty by daclemx: 10:47am On Mar 14, 2016 |
ITSaWRAPPP:Bros, where did you say you are from? cos you are simply amazing....you killed it |
| Re: Entrepreneurship In Nigeria Is A Scam And A Multiplier Of Poverty by Dapsin2901: 10:51am On Mar 14, 2016 |
I love this and Nigeria need to wake up |
| Re: Entrepreneurship In Nigeria Is A Scam And A Multiplier Of Poverty by donestk(m): 10:51am On Mar 14, 2016 |
Pls permit me to mail this article to my lecturers in business admin. |
| Re: Entrepreneurship In Nigeria Is A Scam And A Multiplier Of Poverty by aribisala0(m): 10:51am On Mar 14, 2016 |
hero2000:I am sorry it is NOT well written. It is littered with embarrassing solecisms. It is also quite shallow in terms of its analysis and conclusions. A passionate but mediocre offering all round and a resounding testament to the declining standards of our education system. My verdict: an unworthy discussion of a very worthy and worthwhile topic. It is difficult to reason properly when one fails to master language |
| Re: Entrepreneurship In Nigeria Is A Scam And A Multiplier Of Poverty by Jethrolite(m): 10:56am On Mar 14, 2016 |
ITSaWRAPPP:That thing you call tuxedo, is that what a real tuxedo looks like? You are a typical example of what op is talking about but instead of accepting, you are arguing. Yes, you must not invent but then you go on to innovate. Look at your products and ask yourself what you have really done. Now, do not get me wrong. I am not trying to say your business is wrong or detrimental to the economy rather the opposite is the case but if you take op's advice you should be thinking of creating products that can compete globally. This is the reason the white man has mostly no regard for us because all we do is mess things up and we term it innovation. |
| Re: Entrepreneurship In Nigeria Is A Scam And A Multiplier Of Poverty by kenendo55(m): 10:57am On Mar 14, 2016 |
Nice one...op You'h just spoken my mind.Our government should stop fooling her self.The points you raised shows why we are facing this economic hardship today.our leaders should be wise..God bless OP........ |
| Re: Entrepreneurship In Nigeria Is A Scam And A Multiplier Of Poverty by JeffreyJamez(m): 10:57am On Mar 14, 2016 |
This article is bullshit on all levels......when people go to school just to get certificate and not because of the passion they have for what they are studying, what do you expect?.....someone that has passion for cooking is in school studying accounting or one other course ,he/she now comes out, no Job and he/she falls back to his/her passion for cooking and opens a resturant and is happy and doing just fine....you say such person lacks innovation?.....Must every innovation and entrepeneurship be about Technology or inventing something?.....abeg this write up is too shallow for my liking |
| Re: Entrepreneurship In Nigeria Is A Scam And A Multiplier Of Poverty by phazotron(m): 10:59am On Mar 14, 2016 |
the govt is a major culprit in the debacle that faces us. entrepreneurship is an untapped goldmine in Nigeria but without the right policies or the enabling environment its all goint to fail which is exactly wat is happening now. as for innovation and entrepreneurship entrepreneurship doesn't always have to be a result of invention, it could be a different and innovative way of doing wat others have been doing. instead of directing your anger at us @op you shoukd be writing this to the ministers of power science and technology and education. |
| Re: Entrepreneurship In Nigeria Is A Scam And A Multiplier Of Poverty by KELVIN086: 11:00am On Mar 14, 2016 |
porozhniy:Very true sir , I had a project I wanted to construct(a robot for the army and police for remote surveillance ) about 6 months ago but when I considered the fact that I was still unable to feed myself not to talk about carrying out such an expensive project I just had to drop the idea. |
| Re: Entrepreneurship In Nigeria Is A Scam And A Multiplier Of Poverty by thywobab(m): 11:01am On Mar 14, 2016 |
oneolajire:Nigerian students needs light,food,good road,better housing before all this.'Person wey chop na hin go dey dream' |
| Re: Entrepreneurship In Nigeria Is A Scam And A Multiplier Of Poverty by unlawfulact: 11:01am On Mar 14, 2016 |
A Nigerian graduate thinks of survival first. How do you tell an hungry man to think and invent. Invention and innovations takes time and patient. How many banks in nigerian are willing to fund startups? |
| Re: Entrepreneurship In Nigeria Is A Scam And A Multiplier Of Poverty by Nobody: 11:02am On Mar 14, 2016 |
bottom line is that the Op is exposing the government for using the entrepreneurship gospel as a get out of jail card for their inability to industrialize the nation...and that i support... |
| Re: Entrepreneurship In Nigeria Is A Scam And A Multiplier Of Poverty by Acidosis(m): 11:03am On Mar 14, 2016 |
By the way, the Title is misleading. There is a clear difference between Innovation and Entrepreneurship. I have done some research works on the two concepts so I'll put up my opinions here for review. @OP, we have two types of Innovation: 1. Continuous innovation 2. Discontinuous innovation What is discontinuous innovation? It is simply the creation of entirely new assortment of products for competitive advantage. Continuous on the other hand is a revolutionary process, involving the reintroduction of a preexisting product. Samsung Galaxy S7 is a Continuous innovation. So mind you, the big companies also engage in continuous innovation (what you termed not been innovative, copycats). You cannot fault an entrepreneur who is into bead making because it sounds petty while you exhort General Electric or Tecno, a company who copies the Samsung and LGs of this world. Viju Milk is a continuous innovation So also is that small entrepreneur selling Kunu and Nunu. I can send you excerpt of that research paper for further understanding. Please do not discourage youths from doing the needful, with your opinion. If you have a problem with petty trades for not being innovative enough, please what form of innovation has Dangote introduced to the Nigerian market? He is not the first to make Indomie, Sugar, Cement, etc. What he clearly GOT above other petty entrepreneurs in the country is MONEY, now that's why you need to blame the government for not providing good loans for its citizens. As regards technological innovation, I've addressed that in my previous posts. The Engineering folks are to blame. Simply put, the average Nigerian, no matter how much you invest, cannot compete technologically with a Chinese or a Korean man. That btw, is not a disadvantage as we could concentrate more on areas we have good competent hands, e.g. COMEDY, FOOTBALL, FABRICS, OIL, AGRIC. In business, they call it Competitive Advantage. I wish I have all the time to talk more on this section. There are so many things to talk about. |
| Re: Entrepreneurship In Nigeria Is A Scam And A Multiplier Of Poverty by phazotron(m): 11:05am On Mar 14, 2016 |
aribisala0:don't mind the op. hes a frustrated dumbass who is directing his frustration and anger at thevwrong audience. this piece is for the federal govt not for the youths like me who areready to take the bull by the horn but are hindered by harsh business environment and tough credit requirements. |
| Re: Entrepreneurship In Nigeria Is A Scam And A Multiplier Of Poverty by aribisala0(m): 11:06am On Mar 14, 2016 |
Acidosis:Interesting ........... But is your distinction not Artificial ? Based on your definition EVERY Innovation is in some respects continuous. The definition needs greater clarity Also you appear to create the impression that YOU introduced the terms ,is that the case? |
| Re: Entrepreneurship In Nigeria Is A Scam And A Multiplier Of Poverty by hotmas911(m): 11:06am On Mar 14, 2016 |
Entrepreneurship is not just about being a scientific inventor. Thomas Edison invented electricity but J.P Morgan made it commercial through his company (General Electric). Our ability to turn around what is already available can also be seen as innovation. For instance, Nigerian youth are finding it hard because they have their desired skills but lack the needed skills. As a farmer and agric consultant, I see numerous opportunities for youths in agriculture which are not maximized. oneolajire: |
| Re: Entrepreneurship In Nigeria Is A Scam And A Multiplier Of Poverty by aribisala0(m): 11:09am On Mar 14, 2016 |
phazotron:I do not think he is frustrated or a dumbass . I just think he has not done justice to the subject he chose to write about. It is an interesting subject........ |
| Re: Entrepreneurship In Nigeria Is A Scam And A Multiplier Of Poverty by Jethrolite(m): 11:09am On Mar 14, 2016 |
JohnNgene:You got the message to the point that it is deep, he is not attacking entrepreneurs rather a call to operate competitively and competitively today means globally whether we like it or not. China, Germany, France, Italy, UK, USA, Brazil and other large economies have industries that employ thousands and millions because they use globalisation to their benefit. The local market can not support an economy that wants to grow and be in in the positive year on year. Until we decide to compete globally, there is very little progress Nigeria can make. For the Niger Delta you spoke of, if the government had any sense, it will pull proven local refiners together into some sort of cooperative and fund them massively. These illegal refiners started by producing diesel only but the last time I checked, they were able to produce petrol and if some technical education is given to them, they will produce most of the products derived from crude. When your eyes are open to how deep the rot in this country goes, sometimes you just feel like dying or packing and just leave. Op is correct in every single point he made and I wish people like him are the ones holding proper offices to put their knowledge to work. |
| Re: Entrepreneurship In Nigeria Is A Scam And A Multiplier Of Poverty by Nobody: 11:10am On Mar 14, 2016 |
Acidosis:Religion is one of the factors hindering our intellectual developments. A society that is programmed to call on God for everything will never think nor invent. Too many churches and mosques preaches messages that captivates the mind of the average Nigerian which leads to intellectual slavery. Until we have more quality and properly funded schools than religious centers, we will remain leeches to worlds progress |
| Re: Entrepreneurship In Nigeria Is A Scam And A Multiplier Of Poverty by Nobody: 11:12am On Mar 14, 2016 |
WarRLaY:the government is partially to blame..in america education is free except for higher education. Laboratories and computer labs equipped and utilized to the fullest..can you compare that to our dilapidated school system we barely even have well baked teachers to transfer technological drive into pupils. our universities are full of shittt....we only think shell and mobil and if that doesnt work we opt for entrepreneurship,with the government singng the same song because they know they have actually failed.. ... |
| Re: Entrepreneurship In Nigeria Is A Scam And A Multiplier Of Poverty by Nobody: 11:16am On Mar 14, 2016*. Modified: 11:31am On Mar 14, 2016 |
oneolajire:because lets face it, some narrow minded, primordial individuals who still think and reason that qualitative education responsible for the very successful enterprises in technologically advanced and developed countries you keep mentioning about, is only for a "minuscule" select few and not for everyone. it will also amaze you to note that these people still believe that high quality standard of living should not be for everyone. These are the people responsible for the current economic misadventures. Final thoughts..... A larger percentage of people do not understand the importance of ideals such as patriotism, loyalty (strong feeling of support for an organization, individual or an institution). these things are invaluable intangibles that are vital and critical for the integrity, sanity and success of an entity. ......A house with a weak, faulty or no foundation will surely crumble nothwithstanding the expensive vessels therein. in summation, Nigeria needs visionary leaders that will provide quality leadership to the people! |
| Re: Entrepreneurship In Nigeria Is A Scam And A Multiplier Of Poverty by DJBIGGY(m): 11:17am On Mar 14, 2016 |
oneolajire: |
| Re: Entrepreneurship In Nigeria Is A Scam And A Multiplier Of Poverty by initialize(m): 11:18am On Mar 14, 2016 |
| Re: Entrepreneurship In Nigeria Is A Scam And A Multiplier Of Poverty by OBAGADAFFI: 11:18am On Mar 14, 2016 |
@oneolajire there is a big difference between innovation and entrepreneurship . Entrepreneur wants to do business and make profit Innovator wants the new solutions and technologies. Most Startups innovations are sponsored by Entrepreneurs Here in Nigeria, we have both the Entrepreneur and Innovators. But the problem is that Entrepreneurs want quick money making ventures so they afraid to invest their monies into new innovations, and most innovators don't know how to turn the inventions into money making ventures. That why the government most encourage Startup hubs(e.g CCHUB and co) all over the country. |
| Re: Entrepreneurship In Nigeria Is A Scam And A Multiplier Of Poverty by banito1(m): 11:19am On Mar 14, 2016 |
WarRLaY:Stop diving into deep waters! Bill Gates had a computer at a time when computers where as expensive as an aeroplane, and he was in high school! Both Steve Jobs and Bill Gates where allowed into the lab of IBM( it was a government programme that forced IBM to open up their labs to many smart kids in high school ), then it was the most advanced computer company. They both dropped out of college at different times because they were ahead of their lecturers in the field of computers. |
| Re: Entrepreneurship In Nigeria Is A Scam And A Multiplier Of Poverty by Acidosis(m): 11:19am On Mar 14, 2016 |
aribisala0:I know where you're driving at; discontinuous innovation is a paradigm shift, not necessarily a complete overhaul of a preconceived idea. Someone introduced VIDEO cassettes, another shifted to CD Disk, ROM, someone else thought about Memory Card, these are discontinuous innovations, i.e. A shift from the norm. If by tomorrow, I introduce a Phone with same specs with Samsung or Tecno, it is still INNOVATION (continuous innovation). So why does it seem like OP has a problem with bead, kunu makers, fashion designers, barbers, and other trades? Is he sad because they don't have the money to be as great as Adidas? Viju milk? Does it mean Viju is innovative while Kunu is not? By the way, I did not introduced these terms, I'm only pointing out to key understandings on the matter. OP sounded like all big companies are innovative while the petty entrepreneurs are redundant. |
| Re: Entrepreneurship In Nigeria Is A Scam And A Multiplier Of Poverty by Lescott7(m): 11:20am On Mar 14, 2016 |
Sincerely all those things they call entrepreneurship in Nigeria are not in anyway related to the economic and common sense meaning of what entrepreneur actually meant. Most things they call entrepreneurship such as Barbing, tailoring,make-up,bead making etc are Vocational skills and not entrepreneurship. Entrepreneurship in a normal sense is beyond what we call it in Nigeria and Universities in Nigeria are actually making this misconception, entrepreneurship is simply seeing opportunities and responding to it positively. The bottom line is that, you are not an entrepreneur when you into or have acquired the so called vocational skills wrongly perceived to be entrepreneurial skills. An entrepreneur is someone who sees opportunities where others fail to see and it's not someone that is learning barbing where there seems to be more than enough barbers. |
| Re: Entrepreneurship In Nigeria Is A Scam And A Multiplier Of Poverty by NubianX: 11:24am On Mar 14, 2016 |
The RUBBISH post of a FAILURE and a DEFEATED LOSER! oneolajire: |
| Re: Entrepreneurship In Nigeria Is A Scam And A Multiplier Of Poverty by blacknumbia123(m): 11:25am On Mar 14, 2016 |
oneolajire: |
| Re: Entrepreneurship In Nigeria Is A Scam And A Multiplier Of Poverty by ADAMUdaCOWBOY: 11:26am On Mar 14, 2016 |
blueseacats:SME accounts for more than 80% of employment in the developed world? Can you give me a reference to the source of that information? |
| Re: Entrepreneurship In Nigeria Is A Scam And A Multiplier Of Poverty by LordIsaac(m): 11:27am On Mar 14, 2016 |
As this is not ''someone break my heart'' thread, again, we won't find them here. Infact, stay out of this thread. God bless you op. God knows I never partook in that enterprenueral rubbish in camp. I rather practiced more of O'level Maths and I tutor younger minds. |
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. I just think he has not done justice to the subject he chose to write about. It is an interesting subject........
we barely even have well baked teachers to transfer technological drive into pupils. our universities are full of shittt....we only think shell and mobil and if that doesnt work we opt for entrepreneurship,with the government singng the same song because they know they have actually failed..