Category Archives: Entrepreneurship

Create Your Own Management Job With The Corporate Of Your Choice

Stereotypic rules and business ideas dominated all divisions of the corporates and industries. So previously the corporates didn’t have much of a handful to experiment with.

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With the globalisation and the advancement of technology and skill training programmes, corporates and industries have much to experiment with in terms of IT and management. New gates were opened for the freshers as well as experienced professionals to explore new dimensions of management. Thinking out of the box to create ideas and formulate strategies in order to gain market prominence for the business become an integral part and criteria for the new recruits.

Management Degree

indexWhether be it a corporate management or calculating finance estimation for the projects or hiring fresh human talents who excel as an individual, require rigorous hours of planning and expert minds to give the idea a structured shape that can be easily implemented in the practical scenario. Online MBA Top Up courses are so designed keeping in mind the current job requirements of the employing companies and hence are also fast tracked to save both time and money of the enrollers.

Think Out Of The Box

In order to climb the career ladder, you need to research and create the components that didn’t exist in the company before. Then en-cash those components to build an important stake at the company and hence develop your own importance in it. This would bring your diligent attitude towards the company into the limelight and pave your career path in an ascending direction.

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A management background like MBA top-up gives you the platform to think out of the box in designing unique set-ups for new enterprises.

Know Your Strength And Your Weakness

Career coach and the author of Take Charge of Your Talent: Three Keys to Thriving in Your Career, Organization and Life- Don Maruska has repeated mentioned in his interviews that how important it is to take charge of the talent individual posses and hence master it for your own good.

This is the place where you can outnumber your competitors and engage your talent with some serious business houses to showcase your talent.

Study Your Organisation

case-studyMake a research paper on the organisation. It is not always what you are ordered to do but its about what you can do in excess. Make a detailed study about the company and its competitors and suggest ways to introduce new techniques and ideas that never existed within the walls of the organisation. Any unique ideas would be logical in extensive huge corporates. The ideas that you place in the plate to the management should be logical, comprising true data facts and a realistic approach to attain the new idea leads.

Look for the big problems with which the organization is struggling for long. If you can be the one to provide value advice there, you’re sure to go a long way in the company and also in your personal career achievements.

Have a Network That Benefits You

Today every organisation looks for the champion. They believe only the brainy are sheer to earn success for their company. But that often not true. Building a good network around you with people from various sectors can also serve you at various dimensions. Who knows with this network you can earn huge benefits that you can easily outnumber the champion.

Keep It The Right Way

Only smart ideas for the corporates would not help anyone in the long run. The main cache is to build the foundation with ideas and then plan the strategies in order to implement those ideas and chasing it till the goals are achieved. There may be hundreds of employees sitting to give ideas to the boss. Then why should he/she hear out. Identify the needs of your audience to get people to listen to what you have to say. That is called to be unique and thinking out of the box.

How will you make the most of this opportunity? Share your thought, opinions and experiences with us by leaving your comments below.

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Entrepreneur In Nigeria – The Challenges You Have To Face

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In the past few years a new trend of entrepreneurship has gained prominence across Nigeria, primarily due to the lack of adequate employment opportunities and growing socio-economic challenges in the country. However, if you plan to become an entrepreneur yourself, then you must consider a few aspects related to entrepreneurship in Nigeria first. Here we are going to talk about the problems and prospects of entrepreneurship development in the nation and how you can become a success business leader and contribute to the economy. Let’s have a look…..

Entrepreneurship Challenges

It is only when the general populace of a country take up different entrepreneurial activities, the capability of the nation to create better business opportunities will improve. A strong economy can only be created with the help of good entrepreneurs. They are undoubtedly an essential part of business and industrial development of any country and this is no different for Nigeria. But the fact remains that there are too many challenges in the country which often discourage aspiring entrepreneurs to start their own businesses.

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 Here you will find some of the challenges which Nigerian entrepreneurs usually face-

Lack of financial support

Most aspiring business owners have to go through various difficulties while looking for credit and financial assistance for their new ventures. Although you can find a number of financial institutions which provide business loans, they tend to charge high rates of interest which deter potential entrepreneurs. Moreover, extreme collateral conditions put forth by the banks and financial institutions.

Corruption

It is a known fact that corruption has become widespread in Nigeria which affects education, business, administration and the civilians. For entrepreneurs, it has become increasingly difficult to procure licenses, permits and other necessary documents and services from government officials. Moreover, it has become nearly impossible to pay taxes and levies without paying bribes.

Inconsistent policies

The incapability of the Nigerian government to for consistent policies is another prominent challenge for most entrepreneurs in the country. It is not possible for business leaders to change the official policies; however, you can make the scenario somewhat better by following and implementing favorable business laws.

Poor infrastructure

Let’s face it…the condition of Nigeria’s infrastructure is a nightmare for all Nigerians, especially entrepreneurs. The cost of running a business in this country is rapidly increasing with deteriorating infrastructure. Problems related to poor road network and erratic electricity supply has adversely affected all organisations, whether big or small.

Is Nigeria an entrepreneurial country?

Even though you might feel discouraged by all the challenges, the fact remains that Nigeria is certainly an entrepreneurial nation with more and more people opting to start their own businesses. A recent study by the Global Entrepreneurship Monitor (GEM) revealed that Nigeria has the highest business enthusiasm in the world.

Nigeria has comparatively stronger entrepreneurial forces. It is important that most citizens, whether, employed, underemployed or unemployed, take up some enterprising activities in order to sustain their own families and add to the national economy. In the past decade, numerous Nigerians have pursued entrepreneurial training programmes than ever before. With growing number of aspiring learners and entrepreneurs, it is time that you also gain the right business skills that will empower you to successfully start and run your own business.

Get the right skills 

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Studying an undergraduate diploma in business can enable you to develop the required management, leadership and entrepreneurial skills to take your business forward in the intensely competitive global market. However, pursuing a full time programme is not a feasible option for most of us due the requirement of a heavy time and money investment. I believe studying business management online is a better alternative as you can learn exactly what you want without emptying your bank account. As there is a dearth of affordable learning opportunities in Nigeria and the rest of Africa, going online to earn a business diploma is undoubtedly a smarter option for you.

Pursuing an extended undergraduate diploma in management online is certainly beneficial for every aspiring entrepreneur as it offers excellent flexibility and convenience so that you can work during the day and study at night from your home. You will learn about the core management concepts that will improve your understanding of business and entrepreneurship. Moreover, as you will create a strong bond with your fellow learners and professors, you network will also expand which will directly help you in your business.

The bottom line

Once you know you have the right business knowledge and management skills, you will be more confident about running your business and take more calculated risks that will help you become a successful entrepreneur in Nigeria.

How do you plan to become an entrepreneur? Share your thought and ideas with us by commenting below.

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