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Nairaland Forum / Nairaland / General / Business / What Challenges Did You Experience When Starting A Business? (19897 Views)
What Challenges Did You Face When Starting Your Business? / 3 Common Mistakes People Make When Starting A Business / Share Your Business Start-up Experience:what Challenges Did You Face? (2) (3) (4)
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Re: What Challenges Did You Experience When Starting A Business? by legallyminded: 7:52am On Apr 26, 2021 |
teegrams: Kudos |
Re: What Challenges Did You Experience When Starting A Business? by 9icest: 7:53am On Apr 26, 2021 |
Horrible location. Lack of mentor. Spiritual attack from smaller competitors. Poor management. Again lack of mentor, lack of mentor—I would be on a higher level now if I had a mentor back then, shame I never thought of that! But in all, we thank God for life and lessons learnt 3 Likes |
Re: What Challenges Did You Experience When Starting A Business? by NamelessOGBENI(m): 7:56am On Apr 26, 2021 |
Niche; Onion business... Problems; Short shelf life/Storage, Lack of Trust from the middle men, Delayed transport. 1 Like |
Re: What Challenges Did You Experience When Starting A Business? by greatcrown: 8:04am On Apr 26, 2021 |
1. Make sure your business place has prepaid meter and be sure the prepaid meter is not obtained on credit. 2. Get insurance for your business. (My business place was robbed three times in less than six months). Get the insurance through a broker and request for draft contract. Read and understand it before signing. 3. Ensure all your staff have guarantor and keep their details safe and be serious about it. 4. I hope you did your preliminary work well . I wish you all the very best. 1 Like |
Re: What Challenges Did You Experience When Starting A Business? by legallyminded: 8:07am On Apr 26, 2021 |
![]() ![]() Trustedpronet: ![]() Trustedpronet: |
Re: What Challenges Did You Experience When Starting A Business? by waze63(m): 8:13am On Apr 26, 2021 |
slimthugchimee2:Me too |
Re: What Challenges Did You Experience When Starting A Business? by Adesuntim95(m): 8:18am On Apr 26, 2021 |
Kelvin30286063: Competition will make you think on your feet. Besides, your customer service will set you apart. So, competition is a blessing sometimes. 2 Likes |
Re: What Challenges Did You Experience When Starting A Business? by crisycent: 8:18am On Apr 26, 2021 |
Be ready for wahala with staffs.....they are ready to Start stealing from day 1 2 Likes |
Re: What Challenges Did You Experience When Starting A Business? by GOOOGLE504(m): 8:24am On Apr 26, 2021 |
Originalsly: People just dey throw advices for wind. He couldn't even state the business category so the right people will give the right advices. 2 Likes |
Re: What Challenges Did You Experience When Starting A Business? by KingAlayinde(m): 8:36am On Apr 26, 2021 |
slimthugchimee2: makes sure you open at the right spot and be strong to face the struggles, you shall surely get there |
Re: What Challenges Did You Experience When Starting A Business? by BRATISLAVA: 8:45am On Apr 26, 2021 |
slimthugchimee2: Your family and friends will be your biggest enemies, you will wonder why they can't patronize you or tell others about you. Business can be seasonal at times, not because it depends on the weather but because of people's tastes for certain things. Sometimes the economy pushes them and other times they are left on their own to source you out. You need tough skin, perseverance. And for the love of your business, don't leave it in the hands of anyone, unless you're ready to lick deep wounds. 3 Likes |
Re: What Challenges Did You Experience When Starting A Business? by Nobody: 8:48am On Apr 26, 2021 |
GreaterFuture3: Yes sir, but only for those who understand the market and are serious |
Re: What Challenges Did You Experience When Starting A Business? by BRATISLAVA: 8:48am On Apr 26, 2021 |
Originalsly: Even if you preach this one from now till next year, Nigerians don't believe in business plans. They are too stingy to know the benefit of one, let alone pay someone to do it. They think all they should do is find a shop and stock. They cannot even understand the way their finances work. That is why if you ask them if their profit is good in their business, they don't have a real answer. They actually don't know. 2 Likes 1 Share |
Re: What Challenges Did You Experience When Starting A Business? by mhizv(f): 8:50am On Apr 26, 2021 |
When you first start, have in mind it won't he as you planned. There might be few losses, few customers nd all that. Don't leave your business in he hands of someone else. You'd have to put in your 100% in the first few months. don't sell on credit Make sure your business is one that is flexible and can change along with people's taste/wants Be disciplined enough to know the profits from your business isn't for personal use or for pleasure. Don't spend em on personal use. Be very strict when it comes to that. 3 Likes |
Re: What Challenges Did You Experience When Starting A Business? by BRATISLAVA: 8:50am On Apr 26, 2021 |
Adesuntim95: Not in all businesses. What that guy told you is true. Nigerians love to copy the next person out of covetousness , then spoil everything for everyone including themselves. That's why some business people don't share what they do to make a living 3 Likes 1 Share |
Re: What Challenges Did You Experience When Starting A Business? by Nobody: 8:55am On Apr 26, 2021 |
Judybash93:that thing dey usually confuse person eh, you go dey buy drugs plenty ![]() are you a pro now? 1 Like |
Re: What Challenges Did You Experience When Starting A Business? by colestephan86: 9:03am On Apr 26, 2021 |
slimthugchimee2:Power ! Power! Power! And space |
Re: What Challenges Did You Experience When Starting A Business? by aycorporat(m): 9:06am On Apr 26, 2021 |
Olofin2:Haaaaaa. I feel for you as I read this. Please what part of Ondo State did that happen because I am from the State. So sorry about that bro. |
Re: What Challenges Did You Experience When Starting A Business? by aycorporat(m): 9:13am On Apr 26, 2021 |
Trustedpronet: I nearly fell from my chair while reading this. Guy, you be bad man. |
Re: What Challenges Did You Experience When Starting A Business? by Olofin2(m): 9:30am On Apr 26, 2021 |
aycorporat: OkeAgbe-Akoko |
Re: What Challenges Did You Experience When Starting A Business? by sylve11: 9:31am On Apr 26, 2021 |
Re: What Challenges Did You Experience When Starting A Business? by Nobody: 10:05am On Apr 26, 2021 |
buygala:what are the consequence of sleeping with ones sales girl. just want some enlightenment |
Re: What Challenges Did You Experience When Starting A Business? by aycorporat(m): 10:06am On Apr 26, 2021 |
Olofin2: Haaaàaaaaaaa!!!!! You needed to see how I screamed on the phone. That's my hometown! Is your shop located at the market square near the Anglican Church or at Ogosi Or Ima? Once again so sorry 1 Like |
Re: What Challenges Did You Experience When Starting A Business? by Cybercop2002: 10:15am On Apr 26, 2021 |
slimthugchimee2:pls how do u get capital i also have business idea and the skill with business plan but capital is only what is stopping me |
Re: What Challenges Did You Experience When Starting A Business? by Olofin2(m): 10:16am On Apr 26, 2021 |
aycorporat: Directly opposite enterprise bank , close to that junction to OyinAkoko and Oge |
Re: What Challenges Did You Experience When Starting A Business? by Xilsbridalhouse(f): 10:17am On Apr 26, 2021 |
A lot o! When I just started, I cried like a baby and decided to close it down, but today story has changed. Glory be to God Almighty. Always have another steady source of income, perhaps get a part time job. 1 Like |
Re: What Challenges Did You Experience When Starting A Business? by aycorporat(m): 10:19am On Apr 26, 2021 |
Olofin2: Yeah I know there. Funny thing is that they are good and accommodating people. Probably some few snitches here and there. |
Re: What Challenges Did You Experience When Starting A Business? by Abumuslim: 10:30am On Apr 26, 2021 |
GreaterFuture3: Is supplying of grains business lucrative? |
Re: What Challenges Did You Experience When Starting A Business? by GeneralKoko(m): 10:32am On Apr 26, 2021 |
Sheuns: Hello I would need your assistance for an import later on . Can I get your number?? |
Re: What Challenges Did You Experience When Starting A Business? by Olayinka777(m): 10:33am On Apr 26, 2021 |
hucknall: My brother ,poor location is no 1 business killer. 1 Like |
Re: What Challenges Did You Experience When Starting A Business? by Olayinka777(m): 10:55am On Apr 26, 2021 |
OmovuduTheBeast: Haba! Wetin this man do u nah? I even discover say u be babe, abi u toast am e no gree 4 u,nah him make u dey beef am? |
Re: What Challenges Did You Experience When Starting A Business? by Olayinka777(m): 10:56am On Apr 26, 2021 |
AbujaAgent: ![]() |
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