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9 Excuses Nigeria Graduates Give For Not Starting Business

When life gets in the way of making decisions or starting a business, trust me some graduates, even undergraduates will go to some lengths to blame anything except themselves for not taking a bold step.

Sadly, saying you don’t have the financial, intellectual and material wherewithal to start your own business is not plausible. However, i share with you 9 excuses graduates give for not starting their own business.

  1. WILL I SUCCEED?

The most likely answer to this question is, “I don’t know”. In business, you can never be 100% certain if you may succeed or not. The most important thing is to begin with the resources you have got once you are certain that people would like your products or services.

  1. I DON’T HAVE CAPITAL TO START

This is the greatest excuse graduates give for not being self-employed. But the problem is, majority of them want to start big; they want to have about a million or more before they take action. The reality is, you can start with something you have got, anything. We know the economy sinks deeper by the day. Notwithstanding, you can take advantage of it by starting with N10, 000. Don’t ask me how. Some graduates have way. Some have people who are ready to help them with money but choose to wait for that big breakthrough which may never come.

  1. OVERBLOATED EGO

Most graduates will rather not talk about this. This is one of the limiting factors to starting a business. How can i a graduate and be selling this; selling that. How can i be cleaning people’s house? How can i be washing clothes for my mate? All this can be a result of ego and pride. If you cannot humble yourself, then ignore doing business. Even if you start big, you may still serve customers.

  1. WHAT WILL PEOPLE SAY?

People will always talk. If you decide to be lazy they will talk, if you start small they will still talk. So, the best is to forget about people’s gossip and do what should be done. I run a home cleaning business and i serve many consumers, a number of them are my mates. I need their money, so why should i pay attention to what people say. The funny thing is after you succeed they will say you are using Juju (Voodoo).

  1. I WANT TO START BIG

I always advice people to start small, but dream big. Every big business you know started small. Dangote, Konga, Linda Ikeji Blog, etc, all started small. Do not wait till you have millions. Once you can buy materials and move around, then start. It is not required to have an office or shop, it will come later.

READ ALSO: Banker Quit His Banking Job For Plumbing

  1. I HAVE A JOB

Someone can run a business even when he or she is on employment.  You don’t have to resign. There are several businesses one can run that does not require physical presence all the time. Blogging and other online freelancing jobs like affiliate marketing, information marketing are some of the businesses you can do even when you are employed. You can employ someone to represent you.

  1. I AM WAITING FOR THE RIGHT TIME

There will never be an ideal time. Quit procrastination and take action. Do those researches, meet that person, and obtain those materials, and kick-start.

  1. I NEED A FRESH BUSINESS PLAN

As they say, ‘Nothing is new beneath the sun’. There is invariably someone doing what you are doing. The secret is to try and stand out from the crowd. Be unique and people will patronize you.

  1. I AM NOT QUALIFIED

Unless your business requires a special skill, there is nothing to fear about qualification. Most big names nowadays had only basic education, some started as students, while others dropped out of school. Mark Zukerberg(Facebook), Dangote(Dangote Group), Seun Osewa (Nairaland), Ayodeji Adewunmi,Opeyemi Awoyemi and Olalekan Olude (Jobberman) are good example.

What excuses are impeding you from starting your business? Kindly share them let’s discuss.

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