Manicleworld

The answer to why most businesses fail in Nigeria and why only few succeed is staring at us in the face/ With over 200 Million people who needs different basic amenities, goods and resources daily, and with the present unemployment rate in the country, individuals venture into small scale and large scale businesses, something to put food on the table.  But it has been observed that very few of these businesses thrive while others don't see the light of the day. Whether large Scale or Small Scale, if quality ideas, innovations, plans and strategies aren't put to us then the business is vulnerable and liable to be blown by the wind of market competition. Market is war, and it takes entrepreneurs with proper business plan to survive. Here are the reasons m ost Businesses Fail in Nigeria: Why Most Businesses In Nigeria fail and Few Succeed 1) I nadequate and insufficient research about business Proper research about what the target market actually needs, why they need it and when ...

What you must know before starting a business in Nigeria I wish to congratulate you for taking a step to read this first before starting your business. Many never did, and that's why many businesses have closed down prematurely. In this blog post is a collection of instructions born out of lessons learnt from my 6 years experience of failure and success in business. In a nutshell, I hate too many theories and little practical experiences. So you can trust what you are about to read. Let's get to work. 17 Things to consider before starting a business in Nigeria 1 Understand the business Idea The first thing to do before starting a business in Nigeria is to have a good understanding of the business idea you want to start. Note that business is not done in isolation. You will talk to people about your business, and at least prove to people that your business is worth patronizing. People are however convinced to the extent that you are convinced about what you ar...

Challenges of TV Industries and how to overcome them It looks like the more TV stations spring up, the less people watch them. If you agree with me. Now let's start off by defining this, cos some people simply mix it up. The TV industry here is referred to as network, the type that is mostly owned by the government of each state. Aha! That's it.  The challenges that abound in the TV industry is not a few. Many consider the TV Industry as a form of media that is speedily going extinct. How true is that?  A video company president, Adrian Lee Magill attempts answering by asking, Would you buy a typewriter instead of a computer?  He continued by describing the TV industry as an industry in decline which cannot compete with the adaptability of the internet. He ended with a powerful statement that, you may argue, is true. ...TV is dying. Adrain (2017) Sadly, these challenges that the TV industry is facing is a global problem. While we tackle this issue from...