Why many businesses fail
Sometime ago, I read the story of King Solomon’s first judgment in the third chapter of the first book of Kings. The story was about how two women (harlots) slept on the same bed with each person’s baby beside her. One slept on her baby through the night and woke up to discover that her…
‘High cost of doing business impedes real sector’s performance’
The inability of the manufacturing sector to recover from the recession in the second quarter of 2015 has been attributed to the high cost of doing business as well as the delay in implementation of the budget during the year. According to the Manufacturers Association of Nigeria (MAN), the manufacturing sector under-performed in the 2017…
Fresh edition of KENT business fair holds Saturday
The last leg of the Kid Entrepreneurs fair (KENT FAIR) for the year holds this Saturday at the Filmhouse Cinemas, Lekki Phase 1, Lagos. The event, which holds thrice yearly, has trained no fewer than 500 child vendors nationwide. The business fair provides young entrepreneurs the platform to showcase their products and services. Commencing at…
Why yam is predisposed to rot
THE reported rejection of Nigerian yams exported to the United States and the controversies it generated, is no doubt a national embarrassment, considering the fanfare that heralded export of the first consignment, on June 29, by Minister of Agriculture and Rural Development, Audu Ogbeh, from the Apapa port, Lagos, to Europe and United States. Just…
Stop killing your business
Anyone that wants to make an irresistible impact in the market place must have his/her customers’ best interests at heart. You can easily get trapped in the cobweb of these deceptive practices, if you are profit- driven, instead of being people - driven.
The business and entrepreneurship series: most common reasons why entrepreneurs fail
The entrepreneur is the enterprise and the enterprise is the entrepreneur. According to Bloomberg, eight in 10 entrepreneurs who start businesses fail within the first 18 months. A whopping 80 per cent crash and burn. Most Nigerian Businesses fail after two or three years of start-ups.
Towards a business-friendly environment
Nigeria is currently ranked 169 out of 190 in the ease of doing business index by the World Bank. There are eight focus areas within the plan; ‘starting a business’ features at the top.
Business in the years of lean cows
As the grains supply got depleted by the day, their value to the citizens increases at higher premiums to the king’s official price.
Simple ways to upgrade your life in 2017
It is almost a new year. It is also time to think about upgrading your life to a higher standard.