The common line you’ve always heard, ‘I want to float my own business’; ‘I need to start my own business ‘; ‘I’m planning to be on my own’; and so on….. We hear the lines from someone we all know at a point in time. What baffles is, how many people really prepare for the business they are about to kick off, or desiring to start. To so many, the sight of someone prospering in one line is what makes them think they can do it better especially if they appear richer than the other party. Have you heard the phrase “millions can’t build vision when passion is missing”.
Money won’t solve everything every time. If the capital is all you have to start with, the empire doesn’t look like it will last. It is sad enough that in the society we are in especially in this part of the world many businesses are crumbling, why? Because the foundation of that business had faults from the beginning.
In the face of company downsizing and economic imbalances, before you make a plan B, think well and think deep. Weigh all options possible. It will be a nightmare if you resign to start something that won’t last or invest your savings and time in a business heading for the rocks.
Do not rely your business kick off on the success story of another business owner. Remember, they’ve been in it for years , you will most likely hear the juicy part of their stories , they won’t tell you the struggle scenes or not all of it. Because they don’t want to sound discouraging, they encourage you to come on board as well and when you’re not prepared for the storms, you honestly can’t face it or survive it.
Another reason for downfall is what is commonly seen now. People going into businesses without being trained for it. Money is way too precious to be toyed with. If you will have a reason to start a business, get enough idea to run it before the business or your workers run you. It’s not advisable to open a beauty parlor when you have no clue on how a roller setter is being used, or how cornrows are made. Money can get you good hands but money can’t retain them, someone somewhere will give them a better offer and steal those hands away before you realize it. If Fashion is your line, hiring good hands is good but be sure you have at least a little idea to pull you through the days your workers decide to “show their color ” in our naija term.
We often advise those who consult to get enough idea at least to prove to your staff or workers or assistants that you know what you want and what you want to sell.
The value you place on that business is what make you want to give it all it will take. It’s not about the millions you invest in it. Where passion is absent, millions become useless. Passion is that force that keeps driving you even when you feel like giving up.
So before you start off, sit, think and plan well. Remember the cliche – Fail to Plan = Plan to Fail.
Business lectures are constantly part of our classes at IBADANCITY FASHION COLLEGE. We believe in not just training but raising leaders and entrepreneurs. In the Nigeria of today, entrepreneurs are the market leaders. You can make a difference right where you are. Register for any of our classes. Regular and Special Classes. Masterclasses etc.
we are government approved and a certified fashion technical college, first of its kind in Oyo state. Nigeria.
For enquiries 234 (0) 8081067070. 234 (0) 8099012555.
Located at 4, Ajia street behind IBEDC office ring road Ibadan. Follow the tarred road opposite KFC / Chicken Republic Ring Road.
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