Businesses that could succeed in Nigeria but can't elsewhere.

[TOZZIBLINKZ]

Establishing a business is indeed a good monetary investment especially if it was the intention and decision-making our ability of saving money . It is totally true that some people save money so as to execute or implement their intention of establishing a business idea but it is totally advised that before doing so , you must put into proper consideration the type of business you intend to establish or implement and the connection that it will have with the environment . Some businesses tend to do well and become successful and profitable as a result of the environment in which it is absolutely situated , sometimes it go as far as to be determined as a result of the country in which is absolutely exist . Yes some businesses is affected by the country and its people , for example in Nigeria establishing a coffee shop business is more or less considered to be non-sucessful and unprofitable . Due to the behaviour of individuals existing in Nigeria not being used to the drinking of coffee but rather there are more likely to patronize a soft drink or alcohol selling shop or commercial outlet .

Instead of establishing a coffee shop it is even better to establish an ice cream shop in Nigeria , due to the sunny weather that the African continent definitely has , and so because of this its inhabitants will definitely need the use of some ice cream to keep themselves comfortable , relaxful and warm .

 

[CALVINDOL]

Beautiful thread I must say , and I was totally emphasized on the way that you make it clear that's what seems mandatory when establishing a business is totally the country and the behaviour of its people . It is totally true that there are some businesses that could flourish and become prosperous in Nigeria but can't somewhere else and you have given a concrete example of a business like POS . Almost everywhere nowadays we come across POS stand and shops and it seems this kind of business is mostly in Nigeria and possibly any other black African country .

In countries like America and any other European countries business establishment like this may not be commonly seen due to the behaviours of individuals living over there . Do not forget that the reason majority of people who patronize POS shop in Nigeria is possible because of the illicit and vague practices of their various Banks , but in countries like America individuals are more likely to patronize the bank instead of using a pos machine .