If you’ve been wanted to start your own business in Nigeria but you don’t have capital, I think this may be the most important Facebook post you ever read;
As a Nigerian entrepreneur, one of the most popular questions I received from people is “How can I start a business without capital?”
Don’t get it twisted!
You cannot start a business without capital
But you can start a business without YOUR own capital.
I know some people will say, “Steve, this is Nigeria, nobody is willing to help you”
Well, you’re wrong!
I’ve spent more than one decade as an entrepreneur in Nigeria and I’ve raised millions in capital (even from strangers), so I know what I’m talking about.
So, how can you get started?
First, don’t be afraid to start with what you have.
Everybody has something they start with.
But most of us are waiting for “enough”.
I started out fully in the business world on Thursday, 24th of July 2008, with just #8,500.
Now I have my company (BCV) that worth millions (we operate from Lagos with operation networks in more than 21 states of Nigeria).
Don’t be afraid of start small.
Second, prove to people you know what you’re doing.
Listen to me.
If I tell you many things I’ve done as a Nigerian entrepreneur, you’ll think I’m exaggerating (because you’ll think it’s not possible in Nigeria)
Take for instance, I got three million Naira investment from a man who didn’t even know where I lived nor anybody in my family, yet without collateral
That’s impossible right?
Well, few people are willing to trust you, if only you can PROVE beyond reasonable doubt that you know what you’re doing.
How can you prove that you know what you’re doing?
That leads me to the third point;
Be A Business Student.
You see, entrepreneurship is like every other profession (Law, Medicine, etc.)
It’s NOT as easy as most people think it is.
You have to learn, learn and learn (especially from people who have been successful entrepreneurs).
With this knowledge, it becomes easier for you to know how to play the business games, this in turn makes you trustworthy for investors.
While most people believe Nigeria is hell, some of us are making use of the numerous opportunities.
I hope this helps a little.
If you desire to be an entrepreneur in Nigeria, I wish to give two of my free business courses to the first 10,000 to comment “Free Course” under this post.
I think you can learn a LITTLE from my experience as a Nigerian entrepreneur.
If you think so, type “Free Course” in the comment and our system will send you a message.
Immediately after you reply this message, the link to download two of my free business course will be sent to you.
I Love You.
I Love Nigeria.