Nigerians are very hardworking group of people especially the youths.
A lot of them have worked very hard and their achievements have planted
great sense of pride in our hearts. Names of those who have taken their
crafts to great heights are too numerous to mention, they have excelled
greatly in areas such as I.C.T, food processing, small scale
manufacturing, fashion, science and technological innovations, arts and
entertainment, media and journalism, sports etc. These successful youths
are role models whose success can be emulated by others through
effective promotion of entrepreneurship, a few ways to carry this out
Entrepreneurship knowledge should be properly developed and the
teaching should employ a more practical approach to encouraging novelty
and perfection in product or service development.
A more encouraging environment
An atmosphere that inspires entrepreneurship should be created with
the support of schools, government and private organizations through
mentoring and funding.
Platforms that encourage networking opportunities and exchange of
ideas should be encouraged. Regular meet ups, summits and conferences by
entrepreneurs will increase exchange of ideas leading to better
business skills and enhance the overall economy of the nation.
When collaboration between individuals, states are high, production
will increase and when the collaboration is extended to other countries,
export of the commodities or services will also increase, this will in
turn better the balance of payment of the country.
Standard and quality control
Consumers satisfaction should be the ultimate goal, emphasis should
be placed on standard in order to ensure sustainability of investments. A
country where standard of production is not a priority easily loses
ground in international trade.
Equip and update skill hubs
Hubs where vocational skills are taught should be equipped and
updated with modern tools and competence in order to ensure that outputs
conform with internationally accepted standard. This finalizes our list
on Six ways to grow Entrepreneurship in Nigeria, we hope you practice