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Excuses Graduates Give For Not Starting Their Own Business - Business (2) - Nairaland

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Re: Excuses Graduates Give For Not Starting Their Own Business by Osama10(m): 9:47pm On May 17, 2015
kfrosh:
Sister believe me you never jam hunger/poverty. grin. It brings out the best in you. You will begin to do those things you believed you were never capable of. angry

grin grin grin

2 Likes

Re: Excuses Graduates Give For Not Starting Their Own Business by Dyt(f): 9:57pm On May 17, 2015
kfrosh:
Sister believe me you never jam hunger/poverty. grin. It brings out the best in you. You will begin to do those things you believed you were never capable of. angry

I have seen hunger my dear
And I know what I am talking about
grin grin

1 Like

Re: Excuses Graduates Give For Not Starting Their Own Business by LaurelP(m): 10:11pm On May 17, 2015
GenerousLord:
In as much as I appreciate the fact that you rightly pointed out that some graduates have some ego issues that preclude them from making a huge step that will transmogrify their lives for good, I would also want to join my voice with other voices who of course do not agree entirely with your post.

OP, I'm just gonna ask you two questions, and please respond like a honest man.

Q1) If you were a father, would you risk the pain of sponsoring your child's education (BSc or up to Master's degree level) knowing fully well that as soon as he graduates from the university and acquires those degrees he will drop them (the degree certificates) eventually, and go after the hawking of pure water and gala like you put it?

Q2) Do you see such an act (refering to my first question) as counter-productive, unplanned and foolish? Or to you such an act is productive, well planned and wise?



And just so you know, everyone is not designed to be an entrepreneur.

1: I gave that as an illustration.
I won't be happy that my child failed to secure a job. But I would be more sad if he fails to also find something to do with the knowledge dat he acquired from school.
Now I ask you, which is better; to sit at home and complain abt everytin u can complain abt on an empty stomach or to hawk the pure water and gala?

2: I've answered your question

8 Likes

Re: Excuses Graduates Give For Not Starting Their Own Business by GenerousLord: 10:42pm On May 17, 2015
LaurelP:


1: I gave that as an illustration.
I won't be happy that my child failed to secure a job. But I would be more sad if he fails to also find something to do with the knowledge dat he acquired from school.
Now I ask you, which is better; to sit at home and complain abt everytin u can complain abt on an empty stomach or to hawk the pure water and gala?

2: I've answered your question
In answer to your question, none is better coz I won't be glad to see my child who must have acquired degree(s) struggling through the challenges of life by hawking sachet water and gala. What lesson is he gonna send to his younger ones when he engages in stuffs like this?

I think there are better ways to come out of this unemployment mess and not the hawking of sachet water and gala. I mean, that's not the way a graduate should think even when he intends going into sachet water business. He shouldn't do it like the way a primary school leaver would do it, rather in a unique way that would expose his ingenuity.

4 Likes

Re: Excuses Graduates Give For Not Starting Their Own Business by Shigoboy(m): 11:11pm On May 17, 2015
GenerousLord:
In as much as I appreciate the fact that you rightly pointed out that some graduates have some ego issues that preclude them from making a huge step that will transmogrify their lives for good, I would also want to join my voice with other voices who of course do not agree entirely with your post.

OP, I'm just gonna ask you two questions, and please respond like a honest man.

Q1) If you were a father, would you risk the pain of sponsoring your child's education (BSc or up to Master's degree level) knowing fully well that as soon as he graduates from the university and acquires those degrees he will drop them (the degree certificates) eventually, and go after the hawking of pure water and gala like you put it?

Q2) Do you see such an act (refering to my first question) as counter-productive, unplanned and foolish? Or to you such an act is productive, well planned and wise?



And just so you know, everyone is not designed to be an entrepreneur.
The OP is just using gala and pure water as example, what is trying to point out is that no money is too small to start a business, and been a uni or poly grad, you must be able to re-configure ur self even thou you were not trained to be an entrepreneur, must you study business administration b4 you could be able to manage a small business? That is why some grads are unemployable.

7 Likes

Re: Excuses Graduates Give For Not Starting Their Own Business by Ben1975(m): 11:21pm On May 17, 2015
If a madman put a gun to your head and said start a small business or I go shoot, you would do it.

The reason why you say you can't is because you don't want to but when things get desperate hunger will drive a wolf to look for ways to bring in food

Business skills can be learnt by anyone willing. Its really about the desire

Dyt:


You don't know everyone one
Do you?
I am jobless too
I can't do business cos I am a free giver
I can't learn craft cos I get tired easily
Not like I am lazy, as a matter of fact I am very hardworking

We all can't do samething
Speak what you know

3 Likes

Re: Excuses Graduates Give For Not Starting Their Own Business by Ben1975(m): 11:22pm On May 17, 2015
Greatness often stems from humble beginnings

GenerousLord:

In answer to your question, none is better coz I won't be glad to see my child who must have acquired degree(s) struggling through the challenges of life by hawking sachet water and gala. What lesson is he gonna send to his younger ones when he engages in stuffs like this?

I think there are better ways to come out of this unemployment mess and not the hawking of sachet water and gala. I mean, that's not the way a graduate should think even when he intends going into sachet water business. He shouldn't do it like the way a primary school leaver would do it, rather in a unique way that would expose his ingenuity.

1 Like

Re: Excuses Graduates Give For Not Starting Their Own Business by LaurelP(m): 11:29pm On May 17, 2015
GenerousLord:

In answer to your question, none is better coz I won't be glad to see my child who must have acquired degree(s) struggling through the challenges of life by hawking sachet water and gala. What lesson is he gonna send to his younger ones when he engages in stuffs like this?

I think there are better ways to come out of this unemployment mess and not the hawking of sachet water and gala. I mean, that's not the way a graduate should think even when he intends going into sachet water business. He shouldn't do it like the way a primary school leaver would do it, rather in a unique way that would expose his ingenuity.

Like I said, I used dat as an illustration. It was u who attached "hawking" to it, I never used the word hawking in my post. And of all the examples I gave, you only saw the purewater and gala part!

What I'm saying in essence is dat generally, graduates can do well for themselves by starting small and with the knowledge they acquired in school, make something out of nothing.
Thanks

5 Likes

Re: Excuses Graduates Give For Not Starting Their Own Business by LaurelP(m): 11:33pm On May 17, 2015
ednut1:
not everyone is business inclined

Yes, and the post is not for everyone
Re: Excuses Graduates Give For Not Starting Their Own Business by LaurelP(m): 11:34pm On May 17, 2015
.
Re: Excuses Graduates Give For Not Starting Their Own Business by GenerousLord: 6:30am On May 18, 2015
LaurelP:


Like I said, I used dat as an illustration. It was u who attached "hawking" to it, I never used the word hawking in my post. And of all the examples I gave, you only saw the purewater and gala part!

What I'm saying in essence is dat generally, graduates can do well for themselves by starting small and with the knowledge they acquired in school, make something out of nothing.
Thanks
You're welcome.
Re: Excuses Graduates Give For Not Starting Their Own Business by Sunnypar(m): 7:59am On May 18, 2015
It is not easy o
Re: Excuses Graduates Give For Not Starting Their Own Business by ultrazone(m): 9:20am On May 18, 2015
wecvb
Re: Excuses Graduates Give For Not Starting Their Own Business by niceguy7(m): 9:21am On May 18, 2015
Stupid ego
Re: Excuses Graduates Give For Not Starting Their Own Business by loomer: 9:22am On May 18, 2015
U try
Re: Excuses Graduates Give For Not Starting Their Own Business by anonimi: 9:25am On May 18, 2015
Related thread in PRACTICAL terms of experience by a fellow nairalander:


https://www.nairaland.com/2316549/self-employment-realest-deal
Re: Excuses Graduates Give For Not Starting Their Own Business by misreal(m): 9:26am On May 18, 2015
Adeoba10:
Yeah Bro... Am also a grad... I finished my youth service march 2015,n i was posted to imeko afon for d inec stuff, although i served in abia State. Right now, am collecting thrift (daily contributn) frm market woman at itoku, sapon, kuto market... I used d money in making some businesses n b4 d end of each month, i av alot of return... Y shld i wait for white collar job, wen i can use my brain to bleach my blue collar job to white
hahahaha..nice..
Re: Excuses Graduates Give For Not Starting Their Own Business by queebeediva(f): 9:30am On May 18, 2015
Pls who will lend me capital to start my resturant buisness?
Re: Excuses Graduates Give For Not Starting Their Own Business by drindahouz(m): 9:37am On May 18, 2015
This is a good write up and actually goes a long way to show that when people let off ego and pride, they can do wonders for themselves.
But as usual, there will always be excuses and reasons to explain inabilities than abilities
people need to wake up to the realities of existence
There are no jobs and no Government in the World has ever created jobs for all its job-hunters, even in the United States, millions are jobless
The earlier job seekers make efforts to employ themselves, the better their mental health

1 Like

Re: Excuses Graduates Give For Not Starting Their Own Business by Nobody: 9:38am On May 18, 2015
Hmmm... Very true!
Re: Excuses Graduates Give For Not Starting Their Own Business by tonychristopher: 9:38am On May 18, 2015
I have come to realise that the greatest impediment is their ego and certificate and above all most of them even here in Nairaland stay with their parents and lack responsibility. I will advise them to leave their parents house, go to another part of town where they know less people, stay there, then hutsle

When hunger don beat them nobody go tell them to think, but they are dependent, at 30 you will still see a guy staying with his parent. that is a curse and you cant progress with that mentality


GO AND STAND UP...NO WONDE THE PEOPLE THAT MAKE IT IN LAGOS ARE IMMIGRANTS, COS THEY HAVE NO FALL BACK POSITION SO THEY MUST HUTSLE





LaurelP:
I am writing this article based on my experience here on Nairaland and other online forums, and also live experience. A lot of people have preached and continue to preach the message of self employment and setting up something no matter how small.
It is very glaring that unemployment is the no1 problem of youths in this country. Many are lying idle after years of graduation due to lack of jobs.

Some people have heed this advice and are doing business, while others continue to give various excuses why they cannot seem to venture into the world of business. Some of these excuses are voiced out, while others are hidden in subconscious of people.
My aim is to expose these excuses and myths, and tell you why they are not enough to stop anybody who truly wants to start.

1. I don't have capital to start: I think this is the greatest and most common excuse graduates give for not being self employed. But the problem is that most of them want to start big. They want to have about half a million before they start. The truth is you can start with anything you have, anything! Even N2000 can buy a bag of purewater, iceblock and transport you to a busy location where u can sell. Some graduates have much more than that, some have people who are ready to help them with money but prefer to wait for that big break which will never come.

2. Overbloated Ego: Most graduates will not say it but I think this is one of the greatest hindrances to starting a business. How can I a graduate be selling purewater and gala? How can I be cleaning people's house? How can I be washing clothes for my mate?
All this is a result of ego and pride. If you cannot humble yourself, then forget about doing business. Even if you start big, you will still serve customers.

3. What will people say? People will always talk. If you decide to be lazy they will talk, if you start small they will still talk. The best is to forget about peoples gossip and do what must be done. I run a home cleaning business and I serve many clients, some of them my mates. I need their money so I can't afford to listen to what people say. The funny thing is when you succeed they will say ur using Juju.

4. Will I succeed? Well, the only answer to this is "I don't know". In business, you can never be 100% sure if you will succeed. The most important thing is to START. Once you're sure that people need your product or service, start. If you wait your mind will start giving you excuses.

5. I want to start Big: I always advice people to start SMALL but dream BIG. Every business you know started small. Talk of Dangote, Jumia, Nairaland etc. Don't wait until you have a million naira. Once u can buy materials and move around, start. It is not compulsory to have an office or shop, it can come later.

6. I have a job: A person can run a business even when he's working on a job. You don't have to resign. There are many businesses one can run that doesn't require physical presence all the time. You can employ someone to represent you.

7. I'm waiting for the perfect time: There will never be a perfect time. Quit procrastination and start NOW. Do that research, meet that person, buy those materials, just start.

8. I want a fresh business idea: Nothing is new under the sun. There is always someone doing what you're doing. The key is to try and stand out from the crowd. Be different and people will patronise you.

9. I'm not qualified: Unless your business requires a special skill, there's nothing to worry about qualification. Most big names today had only basic education (Dangote)when they started their business. Some dropped out of school (Nairaland) while some started as students (Jobberman).


What excuses are hindering you from starting your business? Please share them let's talk about them.


Cc: davide470, uboma

2 Likes

Re: Excuses Graduates Give For Not Starting Their Own Business by preizton(m): 9:39am On May 18, 2015
Dyt:

You don't know everyone one Do you? I am jobless too I can't do business cos I am a free giver I can't learn craft cos I get tired easily Not like I am lazy, as a matter of fact I am very hardworking
We all can't do samething Speak what you know
Madam! Are u a sickler? Just asking
Re: Excuses Graduates Give For Not Starting Their Own Business by bnanzip(m): 9:39am On May 18, 2015
If you want to be successful, first get rid of girls by not going after them. But they could be friends but not intimate. Second, bring out an idea that you are zealous to execute no matter how long it takes. Third, do not be desperate, everything comes with time. Do not expect to get millions all in one month. This is a mentality that needs to be broken in Nigeria.

2 Likes

Re: Excuses Graduates Give For Not Starting Their Own Business by jerflakes(m): 9:42am On May 18, 2015
GenerousLord:
In as much as I appreciate the fact that you rightly pointed out that some graduates have some ego issues that preclude them from making a huge step that will transmogrify their lives for good, I would also want to join my voice with other voices who of course do not agree entirely with your post.

OP, I'm just gonna ask you two questions, and please respond like a honest man.

Q1) If you were a father, would you risk the pain of sponsoring your child's education (BSc or up to Master's degree level) knowing fully well that as soon as he graduates from the university and acquires those degrees he will drop them (the degree certificates) eventually, and go after the hawking of pure water and gala like you put it?

Q2) Do you see such an act (refering to my first question) as counter-productive, unplanned and foolish? Or to you such an act is productive, well planned and wise?



And just so you know, everyone is not designed to be an entrepreneur.

excuses and more excuses, and worrying about what others think.

This is EXACTLY the point the op is tryig to raise.

Now you are bringing in sentiments as reason to remain unemployed.

What will the father say....thats an unproductive, pathetic and myopic reasoning.

No excuses for not trying.

This is exactly the op's point in No.2 : overbloated ego.

It the damn father is not comfortable with his childs decision on business path, then the father should employ his child.

If you cannot employ your child, dont tell them where to work or what to do.

This generation is different from your fathers generarion.

Now, its only the fittest that survive.

Do what you can to survive

6 Likes

Re: Excuses Graduates Give For Not Starting Their Own Business by Bolade005: 9:47am On May 18, 2015
anonimi:
Related thread in PRACTICAL terms of experience by a fellow nairalander:


https://www.nairaland.com/2316549/self-employment-realest-deal
It's funny that thread couldn't make front page. Thanks

1 Like

Re: Excuses Graduates Give For Not Starting Their Own Business by harry509: 9:47am On May 18, 2015
LaurelP:
I am writing this article based on my experience here on Nairaland and other online forums, and also live experience. A lot of people have preached and continue to preach the message of self employment and setting up something no matter how small.
It is very glaring that unemployment is the no1 problem of youths in this country. Many are lying idle after years of graduation due to lack of jobs.

Some people have heed this advice and are doing business, while others continue to give various excuses why they cannot seem to venture into the world of business. Some of these excuses are voiced out, while others are hidden in subconscious of people.
My aim is to expose these excuses and myths, and tell you why they are not enough to stop anybody who truly wants to start.

1. I don't have capital to start: I think this is the greatest and most common excuse graduates give for not being self employed. But the problem is that most of them want to start big. They want to have about half a million before they start. The truth is you can start with anything you have, anything! Even N2000 can buy a bag of purewater, iceblock and transport you to a busy location where u can sell. Some graduates have much more than that, some have people who are ready to help them with money but prefer to wait for that big break which will never come.

2. Overbloated Ego: Most graduates will not say it but I think this is one of the greatest hindrances to starting a business. How can I a graduate be selling purewater and gala? How can I be cleaning people's house? How can I be washing clothes for my mate?
All this is a result of ego and pride. If you cannot humble yourself, then forget about doing business. Even if you start big, you will still serve customers.

3. What will people say? People will always talk. If you decide to be lazy they will talk, if you start small they will still talk. The best is to forget about peoples gossip and do what must be done. I run a home cleaning business and I serve many clients, some of them my mates. I need their money so I can't afford to listen to what people say. The funny thing is when you succeed they will say ur using Juju.

4. Will I succeed? Well, the only answer to this is "I don't know". In business, you can never be 100% sure if you will succeed. The most important thing is to START. Once you're sure that people need your product or service, start. If you wait your mind will start giving you excuses.

5. I want to start Big: I always advice people to start SMALL but dream BIG. Every business you know started small. Talk of Dangote, Jumia, Nairaland etc. Don't wait until you have a million naira. Once u can buy materials and move around, start. It is not compulsory to have an office or shop, it can come later.

6. I have a job: A person can run a business even when he's working on a job. You don't have to resign. There are many businesses one can run that doesn't require physical presence all the time. You can employ someone to represent you.

7. I'm waiting for the perfect time: There will never be a perfect time. Quit procrastination and start NOW. Do that research, meet that person, buy those materials, just start.

8. I want a fresh business idea: Nothing is new under the sun. There is always someone doing what you're doing. The key is to try and stand out from the crowd. Be different and people will patronise you.

9. I'm not qualified: Unless your business requires a special skill, there's nothing to worry about qualification. Most big names today had only basic education (Dangote)when they started their business. Some dropped out of school (Nairaland) while some started as students (Jobberman).


What excuses are hindering you from starting your business? Please share them let's talk about them.


Cc: davide470, uboma
I tank GOD. As a graduate I can't sit @ home doin ntn. So... I av 2 strt up a paintn biz tank GOD 2day is movin gradually. By his grace I wil get there jst as dangote. God bless my hustlin...

1 Like

Re: Excuses Graduates Give For Not Starting Their Own Business by Nobody: 9:50am On May 18, 2015
Sell purewater because? Is that why we spent 4-5 years in school?
I'm sure you were only kidding anyway, albeit your message was duly received. However, the truth is not every one will/should be business owners.

If we all owned businesses of our own, who would be the employee to help business(es) thrive & reach organizational objectives? We are all unique in our own different ways, and we should learn to respect that. We all have different strengths & competencies.

You said a thing about Jumia &Dangote starting small. "Starting small" is this context I would like to believe is subjective, so I'll let that slide. Mr A's starting small, could be Mr. B's "I've arrived". However, the crux of this post should be skill acquisition. Any skill at all, even better when it's related to your field of undergraduate study.

Nairaland thrived based on Seun's skill at the time, and his tenacity of purpose perhaps. But then, he had a skill. A relevant one at that. Not just some "buying & and selling sachet water" kind of thing lol. No disrespect to those doing that though.

May God help us all.

1 Like

Re: Excuses Graduates Give For Not Starting Their Own Business by kuzee(m): 9:52am On May 18, 2015
ednut1:
not everyone is business inclined
then let them become broke

3 Likes

Re: Excuses Graduates Give For Not Starting Their Own Business by Acidosis(m): 9:54am On May 18, 2015
queebeediva:
Pls who will lend me capital to start my resturant buisness?

Nobody will give you capital to start an idea (ideas fail all the time).

Start by offering catering services to birthday celebrants, wedding, end of the year celebrants, companies, AGMs, etc.

By the way can you cook? what experience do you have? This and many more will determine the viability of your biz and the tendency to pay back.


I hope your intention is not to employ caterers and a manager, while you sit back waiting for your sales girls to serve you breakfast, lunch and dinner.

2 Likes

Re: Excuses Graduates Give For Not Starting Their Own Business by blakky97(m): 9:55am On May 18, 2015
LaurelP:
I am writing this article based on my experience here on Nairaland and other online forums, and also live experience. A lot of people have preached and continue to preach the message of self employment and setting up something no matter how small.
It is very glaring that unemployment is the no1 problem of youths in this country. Many are lying idle after years of graduation due to lack of jobs.

Some people have heed this advice and are doing business, while others continue to give various excuses why they cannot seem to venture into the world of business. Some of these excuses are voiced out, while others are hidden in subconscious of people.
My aim is to expose these excuses and myths, and tell you why they are not enough to stop anybody who truly wants to start.

1. I don't have capital to start: I think this is the greatest and most common excuse graduates give for not being self employed. But the problem is that most of them want to start big. They want to have about half a million before they start. The truth is you can start with anything you have, anything! Even N2000 can buy a bag of purewater, iceblock and transport you to a busy location where u can sell. Some graduates have much more than that, some have people who are ready to help them with money but prefer to wait for that big break which will never come.

2. Overbloated Ego: Most graduates will not say it but I think this is one of the greatest hindrances to starting a business. How can I a graduate be selling purewater and gala? How can I be cleaning people's house? How can I be washing clothes for my mate?
All this is a result of ego and pride. If you cannot humble yourself, then forget about doing business. Even if you start big, you will still serve customers.

3. What will people say? People will always talk. If you decide to be lazy they will talk, if you start small they will still talk. The best is to forget about peoples gossip and do what must be done. I run a home cleaning business and I serve many clients, some of them my mates. I need their money so I can't afford to listen to what people say. The funny thing is when you succeed they will say ur using Juju.

4. Will I succeed? Well, the only answer to this is "I don't know". In business, you can never be 100% sure if you will succeed. The most important thing is to START. Once you're sure that people need your product or service, start. If you wait your mind will start giving you excuses.

5. I want to start Big: I always advice people to start SMALL but dream BIG. Every business you know started small. Talk of Dangote, Jumia, Nairaland etc. Don't wait until you have a million naira. Once u can buy materials and move around, start. It is not compulsory to have an office or shop, it can come later.

6. I have a job: A person can run a business even when he's working on a job. You don't have to resign. There are many businesses one can run that doesn't require physical presence all the time. You can employ someone to represent you.

7. I'm waiting for the perfect time: There will never be a perfect time. Quit procrastination and start NOW. Do that research, meet that person, buy those materials, just start.

8. I want a fresh business idea: Nothing is new under the sun. There is always someone doing what you're doing. The key is to try and stand out from the crowd. Be different and people will patronise you.

9. I'm not qualified: Unless your business requires a special skill, there's nothing to worry about qualification. Most big names today had only basic education (Dangote)when they started their business. Some dropped out of school (Nairaland) while some started as students (Jobberman).


What excuses are hindering you from starting your business? Please share them let's talk about them.


Cc: davide470, uboma
ure unrealistic @ pure water, gala and all the blah blah blah I saw there.

1 Like

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