A bank employee counts one hundred dollar notes at a bank. You do not have to accumulate a lot of capital to start a business in a big way. You don’t have to wait until you have educated all your children, built your own house or paid all your debts before you can venture into that risky venture laced with good prospect............
I have come to realize that most people are waiting
for the perfect time to start a business; they are waiting for all stars to
line up and all lights to go green. Unfortunately, that perfect time
will never come. To be an entrepreneur, you must start with what you have on
the ground and pick up the rest along the way.” You do not have to accumulate a
lot of capital to start a business in a big way. You don’t have to wait until
you have educated all your children, built your own house or paid all your
debts before you can venture into that risk
You can start something that will earn you money right now from
where you are. You can start it right in your house while you are working or
studying. All you need to do is to be creative and focus on what you have
rather than what you don’t have. One of the greatest
enemies of success in business is fear. Often people tell me that they would
like to start a business but they fear to fail. I always tell them boldly what
I believe; that entrepreneurs don’t fail. It is enterprises that fail.
The first thing you should do from the moment you start the
entrepreneurial journey is to disengage yourself from the business in a way. Do
not be too emotionally attached to business. Let your business have its own life. This means that in the event the
business collapses, you do not collapse with it. Don’t venture into business
with expectations of becoming fabulously wealthy like some entrepreneurs you
know or hear about.
Entrepreneurship is journey; a marathon, not a sprint. In 2008 a
Nigerian entrepreneur Alhaji Aliko Dangote was ranked by Forbes as the richest
man in Africa, the position he holds to date. In 2011 his net worth was
estimates at $13.8 billion. He is also simultaneously the richest person of
African descent in the world, surpassing Mohammed Al Amoudi ($12.3 billion) and
Oprah Winfrey ($2.7 billion.)
Born in Kano, his grandfather, the late Alhaji Sanusi Dantata
provided him with a small capital to start his own business.He started business
in Kano in 1977 trading in commodities and building materials. He later moved
to Lagos and continued trading in cement and commodities. Encouraged by
tremendous success and increase in business activities, he incorporated two
companies in 1981.
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