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Nairaland Forum / Nairaland / General / Business / What's Your Greatest Challenge As An Entrepreneur? (16760 Views)
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Re: What's Your Greatest Challenge As An Entrepreneur? by Yhemit(m): 6:42pm On Sep 08, 2019 |
Meliian:Okay |
Re: What's Your Greatest Challenge As An Entrepreneur? by Offpoint: 6:50pm On Sep 08, 2019 |
Aventador:Dropshipping and others... it'll cost you o... nothing's free o |
Re: What's Your Greatest Challenge As An Entrepreneur? by tck2000(m): 6:51pm On Sep 08, 2019 |
madenigga:well,i'ld say huge advertising and producing in large amount. |
Re: What's Your Greatest Challenge As An Entrepreneur? by Nobody: 6:52pm On Sep 08, 2019 |
Sunriserealtors:It's a freelance platform....just like Fiverr. |
Re: What's Your Greatest Challenge As An Entrepreneur? by Offpoint: 6:53pm On Sep 08, 2019 |
godisablack:lol, thanks. I know I'm a jackass most times ![]() As I'm replying you this message right now, I'm inside our well... that's the only Glo network is available in my compound... my neighbors think I'm mad 4 Likes |
Re: What's Your Greatest Challenge As An Entrepreneur? by dolalekan(m): 6:53pm On Sep 08, 2019 |
my greatest challenge is availability of power. spending 12,000 naira daily to run my production daily is killing! 1 Like |
Re: What's Your Greatest Challenge As An Entrepreneur? by NkemFoods: 6:54pm On Sep 08, 2019 |
Let nobody confuse you. Competition is and can never be the main challenge faced by entrepreneurs. The greatest challenge that every entrepreneur must face and overcome is Marketing and Selling. Not competition. Here's the thing... If you are going into any niche or industry and it's not competitive or saturated, please run. There's no money to be made in that market. If you learn how to sell and close deals, you will always be ahead of your competitors. If you are not selling, you will be sold. 4 Likes |
Re: What's Your Greatest Challenge As An Entrepreneur? by Nobody: 6:54pm On Sep 08, 2019 |
LaIabobo:Hmmmmmm. Okay bro. But how about a full solar system? What would be the cost? Something that can power a self-contained apartment (include all appliances minus fridge)? |
Re: What's Your Greatest Challenge As An Entrepreneur? by chigopeepeenini(m): 6:57pm On Sep 08, 2019 |
Greatest challenge is capital. This is the major bottom line for any business to Kickstart. Imagine a client that I did business plan for and the investment cost was $30,000 but because he didn't have and could not raise that amount, it impeded the business to grow. 1 Like |
Re: What's Your Greatest Challenge As An Entrepreneur? by bowers(m): 6:58pm On Sep 08, 2019 |
How can one buy stuff from you?? BlackAlbinoo: |
Re: What's Your Greatest Challenge As An Entrepreneur? by crisycent: 6:58pm On Sep 08, 2019 |
Finding trustworthy/competent people 2 Likes 1 Share |
Re: What's Your Greatest Challenge As An Entrepreneur? by 2emgee(m): 7:00pm On Sep 08, 2019 |
Ademat7:The business is still young (almost a year), i believe i will gradually nurture it to a point where i shall be able to stand my ground as regarding price so long its not outrageous. 1 Like |
Re: What's Your Greatest Challenge As An Entrepreneur? by madenigga(m): 7:05pm On Sep 08, 2019 |
tck2000:OK actually when u start going into mass production u start talking if large scale and no longer small and medium scale. In the SME deals more on service businesses, distribution, retail etc. The answer to getting an edge is having the ability to get into a high traffic area. Then u look at the demography is the high traffic area that is a place with population. Is it a residential area or an industrial area or a business area. Businesses which receive patronage at a residential area might not thrive in an industrial area. Example an industrial area might not get much traffic at night but a residential area will. Then u get this app. Its a very simple app that will help u know this and spot high density areas to invest in 3 Likes |
Re: What's Your Greatest Challenge As An Entrepreneur? by tck2000(m): 7:09pm On Sep 08, 2019 |
madenigga:Well,my answer is almost related btw what's the name of the app? |
Re: What's Your Greatest Challenge As An Entrepreneur? by madenigga(m): 7:10pm On Sep 08, 2019 |
Information is power, it has more power than even finance. I still insist that its information |
Re: What's Your Greatest Challenge As An Entrepreneur? by madenigga(m): 7:11pm On Sep 08, 2019 |
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Re: What's Your Greatest Challenge As An Entrepreneur? by obamartins(m): 7:16pm On Sep 08, 2019 |
Meliian:This so true, I recently increased the prices of my books on amazon and sales spiked. There are some people with the mind set of "the higher the price, the better the product." 13 Likes 2 Shares |
Re: What's Your Greatest Challenge As An Entrepreneur? by maximunimpact(m): 7:19pm On Sep 08, 2019 |
Ademat7: I operate a production studio in FESTAC, Lagos which is all about photography and skits production. Getting good photographers, scriptwriters and others has been stalling for the past 3 months. I practically have to suspend production until i get the right people. This experience made me to understand that most of our graduates lacks practical skills - they only want to be office assistants, receptionists and company secretary, very few thinks outside those perimeters. 4 Likes |
Re: What's Your Greatest Challenge As An Entrepreneur? by Emmaxy9(m): 7:34pm On Sep 08, 2019 |
MasterRahl:Wow..thats nice, I also work on upwork, am a freelancer too and to be honest, electricity is a major challenge 2 Likes |
Re: What's Your Greatest Challenge As An Entrepreneur? by Nobody: 7:39pm On Sep 08, 2019 |
analysta:How much is that book abeg.. |
Re: What's Your Greatest Challenge As An Entrepreneur? by Nobody: 7:43pm On Sep 08, 2019 |
Offpoint:We are willing to pay no wahala ![]() |
Re: What's Your Greatest Challenge As An Entrepreneur? by Nobody: 7:46pm On Sep 08, 2019 |
Meliian:This lady did you specailze in Business Admin or Entrepreneurship, i was just wondering cos of the sound business advice ur dishing out on this thread. 7 Likes 1 Share |
Re: What's Your Greatest Challenge As An Entrepreneur? by quonchov: 8:05pm On Sep 08, 2019 |
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Re: What's Your Greatest Challenge As An Entrepreneur? by lenghtinny(m): 8:18pm On Sep 08, 2019 |
YorubaKing: Mr. ITK I didn't ask for the meaning or name in other languages.... I didn't type in German or Spanish, maybe your point would have been valid if I did. As for calling me delusional, I know the response you deserve but I will let it slide because today na Sunday. You need to take a seat and be humble.... 1 Like
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Re: What's Your Greatest Challenge As An Entrepreneur? by Nobody: 8:19pm On Sep 08, 2019 |
If finance is your challenge then we can help out.
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Re: What's Your Greatest Challenge As An Entrepreneur? by WalkerMichael(m): 8:38pm On Sep 08, 2019 |
Tokziby: Well said brother. This is all the truth any wannabe-entrepreneur looking to tow that way need to understand... Emphasis on CONTINUOUS LEARNING because the business world is dynamic so you must keep up with trends to be and remain in market 1 Like |
Re: What's Your Greatest Challenge As An Entrepreneur? by omobaba1759: 8:39pm On Sep 08, 2019 |
Am interested . How can i reach you ? madenigga: |
Re: What's Your Greatest Challenge As An Entrepreneur? by godisablack(m): 8:56pm On Sep 08, 2019 |
Offpoint: LOL... I relate so well. Many would always feel intimidated by your moves. Only few nuts will adapt. God bless you more. |
Re: What's Your Greatest Challenge As An Entrepreneur? by Ademat7(m): 9:00pm On Sep 08, 2019 |
2emgee:Don't wait for that time cos it won't come, take the bull by the horn. Customer relations is a now thing 1 Like |
Re: What's Your Greatest Challenge As An Entrepreneur? by Ademat7(m): 9:02pm On Sep 08, 2019 |
quonchov:U should hv contact in all higher institutions |
Re: What's Your Greatest Challenge As An Entrepreneur? by fulfilled2016: 9:14pm On Sep 08, 2019 |
Offpoint: You check out with Paystack or PayPal for your store? |
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