How Hard Is It To Be An Entrepreneur In Nigeria

[Maks25]

So many of us have brilliant ideas on a business we can do to earn us money. But the big wahala is start up money, some have jobs but working morning till night still isn't earning them enough money. What Do We Do?

 

[Mataracy]

Be an entrepreneur in Nigeria is not easy at all. Because before you can see some body to help you or before you can see any Bank to give you loan some times you must know somebody if not you will not be able to get it.
And if you even get loan and for you to invest is another thing because there is no good security to protect you and your business. Talk of investing in Agriculture now in Nigeria is a big problem because cow will eat up your crop and you will not be able say or do anything if you still want to be alive.

 

[Deleted member 28873]

Becoming an entrepreneur can be a big and life
changing decision. Most especially if you are used to
getting paid every month. As an entrepreneur, you
have to become the one making the money and
paying people who work with you. But becoming an
entrepreneur does not have to be difficult.
in Nigeria.
Entrepreneurs are the backbone of any country. They
constitute the highest employers of labour of any
country. In Nigeria, entrepreneurs employ more people
than the government. They keep the economy alive
and going.
If you decide to become an entrepreneur, you will be
playing a big role in shaping the Nigerian and global
economy.

 

[Olajidey]

The major problem for some people especially the youth who is eager to be an entrepreneur in other to be independent is the resource to start, the resources am referring to is the capital resources, unless if the person comes from a rich family and ready to help him you can easily engage in any kind of business of your choice but if the case is otherwise you will jus have to keep brooding on the ideas because there are no resources for you to make the ideas come to reality.

 

[Ummigal]

In addition to that:
1) Enterprenuership needs an empowerd environment which Nigeria seriously lacks
2)Enterprenuership is not necessarily for those who aren't employed or underemployed, it is for the risk takers that have prepared themselves to exploit opportunities.
3) You don't really need to start out as an entrepreneur, you can work for someone or a company before going your own path.
4) you lose some years of building a normal career path when pursuing enterprenuership.
Enterprenuership is really for those with brave heart