ENTREPRENEURSHIP DEVELOPMENT INSIGHT

ENTREPRENEURSHIP DEVELOPMENT INSIGHT 

In a densely populated country like ours where unemployment has become the order of the day, entrepreneurship is not only an option but a must for all and sundry.

Erroneously, many people believe that entrepreneurship is meant for the lower class, unemployed, or probably low salary earners.  On the other hand, entrepreneurship does not only solve societal problems but also creates multiple streams of income.

There was a man who was given the assignment of maintaining security during a wedding ceremony.  But as he was carrying out the assignment, he discovered that many of the guests were looking around frantically to see how to ease themselves. Most were urinating in the open ground.

Before you know, an idea came to him that those respected guests would not mind a descent convenience if provided. That was how Isaac Durojaiye a.k.a. Otunba Gaddaffi (of blessed memory) got the idea of a mobile toilet; he just turned a simple idea into a money making machine.  In less than a decade later, he became a multi-millionaire.

HOW TO GENERATE IDEA?

The best way to generate idea(s) is to discover people’s need(s) or problem(s).  The more problems you discover, the more business opportunities you stand to have.  For example, people cannot live without eating, it is impossible for people to be working nakedly, people’s hair must be catered for, people must make calls, children must go to school, travelling is a must for everybody etc.

Another way to generate idea is to focus on what you can do best; it is a general phenomenon that everybody is good at one or two things which we usually call hobby(s).

You can visit us @ YoungPaths for intensive training on Entrepreneurship and Business Development.

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Olofa Estate,
Prime Area, Ofatedo,
Osogbo, Osun State

+234 (0) 8033548342
+234 (0) 8153469954

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