by Oluyemisi Joel-Osebor (Nee Agboola)
Published on: Nov 3, 2004
Topic:
Type: Opinions

E – Embarking on a business with enough passion that will last long and motivate one, even when all seems bleak
N – Not giving up or being discouraged when your turnover seems to be a paltry sum
T – Tracking your performance through adequate record keeping and business management
R – Responding to the needs of your target market
E – Endearing yourself to your customers and making them pay for what you have to offer – that’s the only way to continue being in business
P – Putting proper systems in place to ensure sustainability and succession
R – Realizing that failure in business or a particular deal does not make one a total failure – failure makes the success story sweeter
E – Encouraging other youths to take the ‘risk’ of being an entrepreneur, employing more people, creating value and reducing unemployment
N – Networking with others, sharing and learning from their experiences
E – Ensuring that one keeps abreast of facts that can improve one’s business and give one a better competitive edge
U – Understanding that success in business is progressive and not immediate
R – Redesigning one’s products and services periodically to meet the needs of one’s customers
S – Searching for opportunities for creating new markets for your products and services
H – Hoping against hope and trusting that your labour is not in vain
I – Investing in oneself helps in becoming a renowned entrepreneur
P – Putting back one’s profit into the business

« return.