Monday, 15 August 2016
START THE BUSINESS NOW!
Every one of us will eventually end up in business someday. Either you start at 16 while in College or at 60 after retiring from a salaried job, one day you will go into business. Jesus said ‘Do business till come’! Luke 19: 13. Paul also advise that ‘each one should mind their business… work with his own hand’
Entrepreneurial culture in Africa is so low. We were all raised to go to school, study hard, get good grades from grad school, get a good job and start making money. Until recent times, entrepreneurship is not being taught as part of school curriculum. We have conditioned to be salary earners and corporate slaves. All we do is helping others achieve their dream and we are paid enough to bring us to work the next day.
No one can get rich working for another man. Did you know that about 95% of the legitimately richest persons in the country today are entrepreneurs and self employed while the remaining inherited their wealth; not a single salary earner is on the list?
Did you know that most people usually don’t know what to do with their retirement or severance package? This is because they did not pay attention to entrepreneurship throughout their work life. Many end up losing huge amount of hard earned money and life savings to fraudsters, bad business decisions, and trial and error in business.
There are 3 ways to become a businessman; you either become an inventor, an investor or an innovator. An inventor is someone who makes something new out of creation. An innovator is someone who improves on something that already exist, either a product or a service. While an investor is the person put money in an existing successful business.
The question is can everyone do business?
I heard that entrepreneurs are born with certain qualities and if you don’t have those qualities, you cannot be one. What a fallacious statement. Any ordinary person can become an entrepreneur. You could become self employed, go into partnership, invest in a franchise, buy an existing business, launch a new service or improve on an existing one. You could rent an office, get a shop, a kiosk, and work from home, set up a website or a showroom. You could work on your own, work in a team or a play a middle man between a buyer and seller. You can setup a tiny or retail outfit to target a particular market or a big company to target the mass market. This is what entrepreneurship is about.
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