Having a great business idea is a turbulent experience. First, there’s the thrill of invention, followed by the buzz of envisioning success — then comes the fear that you’re delusional, consisting of second thoughts and fevered comparisons to existing products, companies and concepts. If you’re lucky, you’ll emerge from that…
Startups
34 Articles
34
5 Min Read
Although they may seem to have gone extinct, business plans are alive and well. But, what’s the point of writing one? Perhaps, you always thought it would be a document no one would read. Why waste precious time? Actually, business plans provide several advantages to your nonprofit organization. The most…
3 Min Read
Funding an agricultural farm is absolutely not an easy task. Equipment, personnel, and raw materials all rapidly eat up precious resources and capital. One of the most innovative ways to invest in agriculture today or raise money for farming is crowdfarming. Investing in agriculture in Nigeria has been described as…
4 Min Read
Being a manager puts you in the role of being a leader, a mentor, and a motivator. It’s a role of someone who commands and controls but who also coordinates and communicates with his employees, all for the success of a business. You will be put in the shoes of…
4 Min Read
Snail farming in Nigeria is one of the most lucrative agricultural business ideas for young entrepreneurs in Nigeria. Snail farming is a practical and viable business venture that is yet to be fully explored in Nigeria and the rest of Africa. Snail farming may not be the first thing that…
2 Min Read
How diligent have you been in tracking your business metrics in 2023? Or when was the last time you made sure your business metrics are as effective as they could be? Let’s take a step back, and remind ourselves what business metrics are, and why they’re so important to our…
3 Min Read
Nairaland forum is a magical place. It’s a place where you can get a lot of traffic for nothing. The popular website Nairaland.com is the most popular online forum in Nigeria. It has earned this name by creating a platform that allows users with similar interests to discuss and curate…
3 Min Read
Got a lucrative business idea but need some funding to kick-start it? Then crowdfunding might be your next available option. Crowdfunding is becoming an increasingly popular way for entrepreneurs to fund their business ideas. Not all ideas require a grant, bank loan or VC funds to get started. Crowdfunding essentially relies…
4 Min Read
Everyone dreams of being rich, of having a pool of money which one can spend in any way one wants. The belief is that happiness lies in being rich. But the biggest question is; how much money does one need to be rich? These ten first-generation Nigeria entrepreneurs started from…
4 Min Read
A digital marketing strategy is an important part of the overall marketing strategy of a business. Small business marketing can include many offline local advertising methods but needs to include a healthy portion of digital marketing strategies to be successful and maximize sales in today’s economy. Whether you have just started a…
3 Min Read
According to a recent study, over 80% of new businesses fail during the first year of operation. Lack of funding turns out to be one of the common reasons. Money is the bloodline of any business. The long painstaking yet exciting journey from the idea to revenue generating business needs a…
4 Min Read
A few weeks ago, I was scanning through my Quora newsfeed and I came across an interesting discussion on what differentiates a small business from a startup. As a business owner and founder, even though I constantly use both terms on a daily basis, it was a bit difficult to distinguish between…