Monday, 18 May 2015

Excuses Graduates Give For Not Starting Their Own Business

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.

Image result for graduate and business photo7. 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.


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

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