Red tape is excessive regulation or rigid conformity to formal rules that is considered redundant or bureaucratic and hinders or prevents action or decision-making. It is usually applied to governments, corporations and other large organizations.

I looking at the problems entrepreneurs encounter during business start-ups and growth to business, also the solutions to these problems. I have tried to sell my time by working hard in a job, but my time is limited and there are only a limited number of hours I can work in a day.

If your are an expert in any of the business sectors, please feel free to add to this topic. You could add an experience of a situation or a phase during your business start-up.

This is a list of problems I have encountered that hinder business start-up and growth in Nigeria.

Idea
Funds
Location
Experience
Resources
Marketing
Fraud
Trust
Red Tape
Mentors
Knowledge
Training
Time

STARTING UP A FISH FARM.
(The popular homestead concrete fish pond.)
The cost of constructing a solid block 5x3x1.5m homestead concrete fish pond using 12cm 6” solid block.
Major items needed are:
1. 300 pieces of 6” solid block
2. 10 bags of cement
3. 1 tipper load of gravel
4. 1 tipper load of sand
5. 1 drainage pipe with screen
6. Cost of labour for the construction and items will depend on the locality.
In constructing a homestead pond some factors should be put into consideration thoroughly.
1. The topography of the land
2. Type of vegetation on the site
3. Water supply (most important factor)
4. Source of water
5. Water quality
6. Water quantity


Please visit www.entaprz.com.ng, register yourself or reduce the headache of multiple registrations details you could also login with your Facebook details.

Click on the resourses link to download the Free detailed feasibility study on fish farming



Please visit www.entaprz.com or send an email to info@entaprz.com for more details.

Stand out from the crowd by being the first Nigerian or International business to signing up now for a free listing in Entaprz Nigeria Business Directory and improve your online presence. (www.entaprz.com.ng)

The online business directory with search facility and feedback form, you can add your Facebook page, Twitter link, website details and others. Also under development are new features to locate your business on Google maps, user ratings, user reviews, video marketing and numerous other methods to increase your online and offline presence.
We are open to new suggestions and better ways to serve you. To reduce the headache of multiple registration details you could also login with your Facebook details. Please visit www.entaprz.com or send an email to info@entaprz.com for more details.

Writing an EBooks.
First thing to do is choose a niche to write your eBook in, think about the problems people have and what do people want, then create value for them, find solution to their problems and then you can make money from your eBook. This can be done by creating an informative eBook on a specific niche subject.

Some reasons to write and publish an eBook.

1. Selling products means no more exchanging time for money.
2. Ability to create multiple strings of income.
3. EBooks have 100% profit margins your costs are all the same (time).
4. Instant gratification.
5. Access to national and global market.
6. Increase value to other people’s lives.
7. Leverage, you can get others to sell for you.
8. It cost nothing to setup, start cost practically nil (Word processor).
9. You can work anywhere.
10. Ability to automate you business.
11. No need to purchase a store or employ an assistant.
12. Ability to be known as an expert in your chosen niche.
13. Fast to produce and publish.
14. Little skill required and you don’t have to leave your job.

A few links to assist you along the path.
http://onlineincometeacher.com/money/how-to-make-money-by-writing-an-ebook/

https://www.youtube.com/watch?v=YjEMkAH5oGo&feature=related

https://www.youtube.com/watch?v=VVah8omq8GY&feature=related
http://www.wikihow.com/Make-Money-Selling-Your-Own-eBook

I've ready a few books, ebooks, magazine and others in this long schooling journey to become financially free.
Please add others freely.

“The Lean Startup: How Today’s Entrepreneurs Use Continuous Innovation to Create Radically Successful Businesses“ by Eric Ries
The Six-Figure Second Income: How To Start and Grow A Successful Online Business Without Quitting Your Day Job” by David Lindahl and Jonathan Rozek
“Million Dollar Consulting” by Alan Weiss
“Become Your Own Boss in 12 Months: A Month-by-Month Guide to a Business that Works” by Melinda F. Emerson and Michael C. Critelli
Rich Dad Poor Dad by Robert T Kiyosaki

I've ready a few books, ebooks, magazine and others in this long schooling journey to become financially free.
Please add others freely.

“The Lean Startup: How Today’s Entrepreneurs Use Continuous Innovation to Create Radically Successful Businesses“ by Eric Ries
The Six-Figure Second Income: How To Start and Grow A Successful Online Business Without Quitting Your Day Job” by David Lindahl and Jonathan Rozek
“Million Dollar Consulting” by Alan Weiss
“Become Your Own Boss in 12 Months: A Month-by-Month Guide to a Business that Works” by Melinda F. Emerson and Michael C. Critelli
Rich Dad Poor Dad by Robert T Kiyosaki

To be serious selling water and recharge cards are both good ideas, but I don't think the are scalable. I'm looking for services which are presently profitable, I can automate, with low overheads and solve problems.

"Nigeria has one of the fastest growing telecommunications markets in the world, major emerging market operators (like MTN, Etisalat, Zain and Globacom) basing their largest and most profitable centres in the country.[69] The government has recently begun expanding this infrastructure to space based communications. Nigeria has a space satellite which is monitored at the Nigerian National Space Research and Development Agency Headquarters in Abuja." Wikipedia"

I think this is the time to tap into a growing virgin market, by thinking big using the telecoms to piggy back to a large growing number of users.
Internet marketing, advertising, digital products and reselling of niche knowledge are all scalable profitable ventures.

The population of Nigeria is more than 150m, there should be goods or services which at least a quarter of this number need and half of them want. I need some ideas.
olu@entaprz.com