SECRETS TO BECOMING A SUCCESSFUL ENTREPRENEUR in Nigeria
SECRETS TO BECOMING A SUCCESSFUL ENTREPRENEUR IN NIGERIA
Secrets To Becoming A Successful Entrepreneur In Nigeria
Becoming successful in your enterprise is worth all the effort and hard work put in. When you hear stories from men like Aliko Dangote (richest man in Africa and also on the list of 100 richest men on earth) on how they remain top of their game consistently, you will marvel at the great sense of discipline and professionalism displayed to remain up the ladder. The world has seen many startups fail, the world has equally seen many startups turn out successful. Also, the world has seen a lot of billionaires loose their wealth and others steady in command of financial wealth. You have to take note of some of the secrets or things which successful entrepreneurs do to consistently live up to expectations.
Never venture into any kind of business because of the profit involved, do something you are passionate about, something that you will see as part of your life. You are in business to change your life for good and your happiness which can only be derived when doing what you love can be affected when you do not love your trade. No doubt, money is big motivation for a lot of entrepreneurs, nobody wants to go broke, that is equally why a lot of ventures fail to stand the taste of time. When you do something you love, you do not get a holiday because every day for you is work, whether you are awakened from sleep at midnight to do some transaction, you will do that with great joy.
Success comes easier when we love our line of business because you tend to be relentless in your efforts towards hitting great heights. Doing or starting a business you dislike will hardly pay off, not even in a million years because the right motive is missing. You might be good at it despite not loving it but you cannot reach your peak performance when the passion is missing. Successful entrepreneurs do not care about the amount or level of hard work put into their trade because of the love attached to their business goals and ambitions, they could work for 20 hours without complaining about the stress attached. For you to thrive in business, consistency in hard work is essential, you equally have to be patient which is only easy to do when you do not feel the need for quick result because the love you have for your business permits you to wait.
If you ever come across any successful entrepreneur, you will be marveled at the great deal of discipline they attach to their pursuit of success. They are very good at time management, you hardly see them less busy because they have to work round the clock, else they would not be successful. For instance, you might think a busy man like Dangote will have a hard time reading books because of the tight schedules he has to meet up on a daily basis, but sorry, you are disappointed, you figure out that he reads more than you do despite having tighter schedules than you, travelling round the world to do his business. If you lack discipline, forget entrepreneurship, unless you just want to make up the numbers.
Everybody is born a winner, you just have to believe and work hard, you are not meant for failure. Most businessmen you see today had to work tirelessly with belief that things will work out well, fill yourself with positive thoughts about the venture you are selling to the public, never doubt yourself or your ability to surpass certain heights, there is no limit to what you can achieve. Your business might just be waiting for your confidence to take off and reach climax.
The power of creating success in your mind and thoughts cannot be overlooked. Picture yourself as already successful, you need to be mentally sound and aware. There are a lot of people seeking to thrive just as you, do not look at the number, just focus on yourself and put in work, only the tough succeed in a world where challenges are more compared to prospects. You cannot be having negative thoughts and claim you expect positive outcome, your destiny is in your hands, you can do whatever wish, but for business sake, do not make the mistake of negativity.
Define your vision and goals
A major mistake entrepreneurs make is failing to define the vision and goal of their business. This is a very important factor that you cannot neglect because it serves as your drive towards turning out successful. For instance, if you run a motor transport company and define your vision as ‘’driving people to their destination in comfort,’’ it will drive you towards always offering quality and top-notch services to customers. With this, you are improving your trade as well as becoming successful.
It is not always about hard work and commitment, sometimes you need a little bit of smartness to see you through. Identify questions and give answers to them through your trade, for example, an entrepreneur in a school environment could notice that students that live far from lecture halls need a transport scheme to solve this problem, you pose the question of how to go about solving this problem to yourself. In the end, you might liaise with school authorities and introduce shuttle services for students that live far to avoid stress and equally put money in your pocket. Take inspired actions and get results.
Consistency and hard work
You cannot be in and out of business and expect to be at same level with men who put in their all to see their ventures thrive. You must be consistent because it is the only way you will understand changes in market dynamics and structure your business according to present trends. Hard work is extremely important if you will succeed at whatever you do in life and business is no exception to this. Someone who works hard will surely improve and reap the benefits attached to it, a lazy man is bound to be poor and suffer stagnancy in business.
Patriarch Business Advisory (PBA) aka Patriarch Advisory (PA) is a management consulting firm committed to bridging the knowledge, finance and mentoring gap of small and medium sized enterprises in Nigeria. We provide excellent bespoke services that are extremely useful to any business. Among others, our services include business financing, marketing strategies, growth and expansion plan, and objective business diagnosis. Some our deliverables include Business Plan, PitchDesk, Grant and Loan Application, Proposals, Concept Note and so on. Please contact us today to discuss your specific concerns. The excellence we put to our work stands us out.
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