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December 11, 2010

Viable Business Ideas in Nigeria

With a large and boisterous population estimated at between 120 - 150 millions, a large reserve of natural resources (oil , gas, solid minerals, etc) and an expansive untapped potential in agriculture, Nigeria is clearly a huge market, offering immense opportunities for business. There are infrastructural problems alright, but the spirit of entrepreneurship does not surrender to challenges. It is also true that many of the problems present opportunities for profitable business.


If you are wondering where these business opportunities are hidden, when there is so much lamentation about unemployment, maybe this article will help direct your searchlight. One truth: not every unemployed person has thought seriously of starting a business. If you seriously need to find good business opportunities, here's a guide.

What You Need:
Desire and commitment: To be able to see opportunities that exist or are emerging, you must have a burning desire to start a business. It is the intensity of your desire that will open your eyes to the opportunities around you. Without a consuming passion, nothing serious can really be achieved.

Conscious attention to the environment: To find opportunities, you must be conscious of the environment and developments occurring around you. Your antennae must be raised high up, picking signals, as it were, of important occurrences and trends. Your burning desire should ignite this consciousness.

Focused interest: You need to define and narrow down your interest, for more effectiveness. A narrower berth sharpens your instinct on your defined areas of interest. It helps plant this interest deeply in your subconscious. That way, your goal remains on the top burner and emerging opportunities can hardly escape your attention.

Readiness to act: Opportunities arise all the time. The problem is that we're often not ready for them and so fail to take action. When you mean business, you must put yourself in the right position to take action. Seen an advertised invitation to a business opportunity briefing in your area of interest, why not check it out by attending? If you're not impressed, you burst it and wait for something else!

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