Category Archives: Start Up

startups advice and ideas

Strive Masiyiwa: Building an Efficient Organization – Part 5


 

__Process: getting the right things done right.

For the last few weeks, I’ve talked about the critical importance of “people” in organizational management. Today I want to talk about “process.” Every single day, I’m approached by people with great business ideas, and I also have my own fair share of new ideas. Sometimes I just love to sit in my study, or go for a walk, just thinking about a new business idea.

Let me share with you one of my best kept secrets: If I can’t get my mind around the PROCESS, I’m not going to do it!

I have to feel I have a deep understanding of how an organization will emerge to take this great idea forward. I can easily take 50% of my thinking time on this. Once I get my mind around the process, I can then focus on the right PEOPLE to make the right things happen.

__Process and people are the backbone of the organization.

Now what I mean here by “process” is the series of actions you take in order to achieve an intended outcome or result. Within one business, several different processes usually take place – raising capital, strategic planning, recruiting and training staff, research, product development, product testing, marketing and so forth.

When I first started in business, I was still very young, and had worked for just a few years. Fortunately, my two employers had been a computer start-up, in Cambridge, England, and a state-owned enterprise (SOE) in my home country, Zimbabwe. In both organizations I’d made observations about how companies are set up and run.

I loved the start-up, which had only two owners. Decisions were made quickly and I got my chance to do all sorts of things, even though I only had a freshly-minted engineering degree! The SOE was the exact opposite: it had rigid organizational structures. There were many highly-skilled and qualified individuals, but decisions were slow.

Whilst I enjoyed the mission of the SOE, I knew I had to get back to the start-up environment. I nevertheless took away a critical understanding of how big organizations work, including their political culture.

If I’d been able to choose, I probably would have first joined a large international organization before I went off on my own. I certainly would have loved to get an understanding of “best practice” from an international organization like Coca-Cola or GE, both of whom I greatly admired. The opportunity was simply not available, so I did the next best thing… I bought books about them.

My favorite books were written by entrepreneurs, explaining how they set up these businesses. At weekends I’d just disappear into my own world of Sony, IBM, Coca-Cola — the great companies of my day. I didn’t just read, I devoured their material!

SEE ALSO: Strive Masiyiwa: Building an Efficient Organization – Part 1

I wanted more, so I moved into the really academic work of people like Peter Drucker and W. Edwards Deming (Google them). I had all their books and articles.

In my own country, I’d constantly ask questions about the organizational structures of well-established companies. Information was always limited back then, not like now with the Internet!

As a young entrepreneur in Africa, it won’t always be possible for you to start your own business after a professional career in an established organization where you can learn all the ropes, and study processes.

# You still owe it to yourself to try and close the deficit in your understanding of what it takes to organize and build an effective business organization.

# You may not even be ready yet to have people working for you, with all those fancy titles and positions, but you still must have the intellectual curiosity to do your homework and understand what’s really happening!

If you don’t understand the processes that help you build and run an efficient organization — managed by capable, highly motivated professionals — you’ll struggle, wear yourself down, and probably end up bust, or worse.

Let’s get down to business, real business. We’re good managers, what about you?

THE END

Strive Masiyiwa: Building an Efficient Organisation – Part 4


__A great vision needs great people.

Organizational management is really about “people and process.” If you don’t know how to master these two, it doesn’t matter what you’ve invented, or how much money you’ve raised… you won’t make it in business.

It’s usually really hard to get the best people to join you when you’ve just started a business because you’re (rightly) considered too risky.

It’s particularly difficult when you, the founder, are yourself young and inexperienced. I know what I’m talking about because when I started out almost 30 years ago, I was only 26 years old and didn’t have either the money or reputation to attract people to work with me.

So I understand why most people in that situation will often turn to unemployed relatives and friends, who can sometimes be unskilled and even troublesome. Believe me, I’ve been there, and done that!

I almost laugh now when I look back, but I hired some people who were downright incompetent and almost got me killed… Remember I’m an electrical engineer by training, and some of my early recruits as electricians did not quite measure up!

In my own case, my partner and I did almost every kind of job in our little business. There was simply no room for “pretending to be the big man”! When we did a job for a customer, I was there myself, and sometimes when we finished, I joined the cleaners to make sure the customer’s premises were left clean. We did the work, the cleaning, the invoicing, and the books. We woke up early, and went to bed very late.

I never complained because it was “honest hard work” for a young man, and I enjoyed it. I interviewed every single person that I hired very carefully. I always looked for people who were skilled, sober, honest, and prepared to go the extra mile. I knew them personally, and their families.

I tried to be fair in every aspect of my dealings with my employees. It wasn’t just that I considered myself an honorable man, but I also knew that “people talk.” I wanted word to get out that I was a “fair guy” in an industry where people were often exploited, and owners of businesses were known to think of themselves first, particularly when they got paid, as I discussed last week.

When I did get paid, the first thing I tried to do was invest back in the business. In particular, I wanted my staff always to have the best tools for their job. I also wanted them to be proud of their employer. I was fastidious over things like uniforms, presentations and appearance before a customer.

Knowing that I didn’t always have the opportunity and money to hire the most skilled people, I focused a lot on training and workshops, which I handled myself. I drilled and drilled my staff. We talked about each job, and I allowed everyone to say something about what we learned. It’s great to have the big idea, but you must have an eye for the details.

Then one day it happened: I got a call from an engineer who worked for a highly reputable and well-established player in our industry. He wanted to join me. And soon it was a flood, with people prepared to take a pay cut for the opportunity to work with my young company.

Now remember what I said earlier: “People talk.” You want them to give you and your company a good reputation, one that attracts the best people to your business. The best people are the most profitable. That’s business!

In his bestselling book, “Good to Great: Why Some Companies Make the Leap… and Others Don’t,” Jim Collins writes, “Great vision without great people is irrelevant.”

Do you have the right people in your company focusing their time doing the right things?

Strive Masiyiwa: building an efficient organization – Part 3


 

__Always pay your workers first.

You can’t call yourself an entrepreneur if you have the habit of not paying your workers on time, erratically, or not at all. Real business leaders always pay their employees first. Let’s call it the first law of entrepreneurship.

Let’s talk.

I began my business career as a construction contractor more than 30 years ago. My business entailed getting construction contracts, some which took several years to complete. I would sometimes have thousands of people working on my projects. 90% of my people were paid on a weekly basis. It was almost a ritual, whereby we’d go to the bank on Friday morning to collect the “payroll.”

Each worker was paid in cash, and we would sit and pack the money into little brown envelopes, after deducting taxes. We’d then travel to the sites and pay them their money.

I never ever missed a payroll… except once, and it probably saved my life. I was abducted from my office at gun point on one of my payroll days. The person who raised the alarm that I was missing said this: “We know something has happened to him because he didn’t come to supervise the release of this week’s payroll.”

# If you owe your workers money, you’re not yet an entrepreneur.

The second law of successful entrepreneurship is this: If, for any reason, you’re going to miss your payroll, you must always make sure the lowest paid workers are the first to get paid — not the managers and others you deem most skilled.

# Always pay the lowest paid workers first. They’re the most vulnerable.

If we didn’t have enough money to meet our payroll, I spoke to my senior people and asked them to make the sacrifice. It also meant I myself would go home with nothing. But workers like cleaners, laborers (we had a lot of these in the construction business), drivers etc., were always paid first. This always included the youngest people in our business.

If you want to go far as an entrepreneur, treat workers’ salaries and wages as sacrosanct. If you see a big man who has lots of cars, a big house, goes on holiday overseas but is in arrears on salaries and wages, he’s really not an entrepreneur.

Don’t be fooled, he’s not a big man at all! True entrepreneurs pay their people on time, all the time. And they take care of the most vulnerable members of their organizations first. I’d rather someone called me a successful entrepreneur on the basis that I never missed my payroll, than on the basis that I made a billion dollars.

Now to help avoid such a crisis, there’s one thing you must learn to do straight away in your business, and that’s manage your cash flow… your “accounts receivable” (sales) and your “accounts payable” (expenses). If you don’t keep track of your cash flow, I guarantee at the end of some months, you’ll have a shortfall.

If you haven’t already done so, put together a cash flow budget, with a few different scenarios (best case, worst case, different assumptions). You can’t predict everything, of course, and surprises happen, but do your best with what you know now. Cash in? Cash out? Timing? Enough cash to meet payroll? (This is a complicated subject but we’re just talking about payroll here.)

A few years ago there was an article in Forbes’ magazine called “Success will come and go, but integrity is forever.” Never forget that. Most all businesses have legal and contractual obligations which you must respect. But there are also moral obligations to consider… Do you know the difference?

 

To be Continued…

Top Businesses that Can Fetch you Much Money During Christmas


 

Christmas is a season where celebrations and fun are usually at the peak. To those who are business-minded, it is also an opportunity to make big money while the celebrations last. Entrepreneurs who desire to make huge gains during the yuletide can give these 10 money-spinning business ideas a try:

Continue reading Top Businesses that Can Fetch you Much Money During Christmas

how to Start plantain farming in Nigeria and Make millions


Plantain_Farm

 

By now, it should be no surprise to you that agriculture is the most

lucrative business sector in Nigeria . This has led to a huge boost in local and international investment, which has seen the agriculture industries potential increase exponentially.

If you’re still thinking about whether or not to invest in Nigerian agriculture, you should stop thinking and make a decision today. My advice to you is – don’t delay. The industry is so full of potential, and moving so quickly that you risk being left behind.

If you are already planning to start plantain farming in Nigeria, then you have made the right choice to help you turn your financial status around. With very little capital, plantain farming can help you make millions of Naira every year.

The secret to successful plantain farming is to ensure that you learn the basics, and master a few tricks of the trade. This is why you can start small and scale up to earn a lot from it.

The Plantain tree is a native of Asia, having been cultivated first in 500BC by South Indians. It has spread widely throughout the tropics, moving from Africa to the Caribbean and Latin America. At present though, Nigeria is a large producer of plantain. Nigeria produces more for local consumption in comparison to export.

You might be wondering why is plantain farming such a lucrative business? Plantain farming in Nigeria is so lucrative because plantain features heavily in the staple diet of most Nigerians. The few farmers who are successfully operating in this sector are making millions of Naira.

There is a large demand for plantain across the world and in Nigeria, but supply is struggling to meet demand. By following the simple steps given ahead, you will be well on your way to fulfilling this demand and providing yourself with a healthy income!

But before you start, it is important that you are aware of the health benefits of plantain.

 

Health Benefits of plantain 

  1. Plantains are very reliable sources of starch and energy.
  2. Plantains contain a high amount of dietary fibre, which helps ensure healthy bowels and reduces constipation.

  3. Plantains have more vitamin C than bananas. Consumption of foods rich in vitamin-C helps the body develop resistance against infectious agents and scavenge harmful oxygen- free radicals.

  4. Plantains have more vitamin A than bananas. In addition to being a powerful antioxidant, vitamin A plays a vital role in the visual cycle, maintaining healthy mucus membranes, and enhancing skin complexion.

  5. As in bananas, they too are rich sources of B-complex vitamins, particularly high in vitamin-B6 (pyridoxine). Pyridoxine is an important B-complex vitamin that has a beneficial role in the treatment of neuritis, anemia, and to decrease homocystine (one of the causative factors for coronary artery disease (CHD) and stroke episodes) levels in the body.

  6. Plantains also contain folates, niacin, riboflavin and thiamin. Folates (folic acid) are essential for healthy pregnancy.

  7. Plantains also provide adequate levels of minerals such as iron, magnesium, and phosphorous. Magnesium is essential for bone strengthening and has a cardiac-protective role as well.

  8. Plantains have more potassium than bananas. Potassium is an important component of cell and body fluids that helps control heart rate and blood pressure, countering negative effects of sodium.

  9. Plantains are famed to be diuretic and can help prevent kidney and bladder problems.

  10. Plantains ease the discomfort associated with the menstrual period.

Plantain_Farm

how to Start plantain farming in Nigeria 

Step #1: Purchase suitable land to start your own plantain farm

Plantain needs the right kind of climate to grow- for it cannot survive in too hot or too cold environments. If you already have land you need to ensure that it meets these basic conditions.

Plantains grow best in conditions where the soil retains water, that’s why plantain plantations in Nigeria are irrigated. You may not have the means to carry out irrigation so you should consider soils that retain water, have a good humus layer and you should always improvise by incorporating animal manure to the soil to improve on the humus and texture of the soil to retain water. You can also make your own compost by using chicken manure to increase its fertility.

Step #2: Clearing the land

Once you have purchased your land, you will need to clear it.

Clearing of land includes removal of trees, brush, stumps and stones amongst other obstacles. This is necessary to increase the area of the land base for producing crop, or to make your land suitable for plantain farming operation.

Depending on your budget, available equipment and the location of your plantain farm, you can go for either manual or mechanised clearing.

Step #3: Prepping the land

Once the land for your plantain farm is cleared, you will need to take certain steps for making the land suitable for growing plantain. This is necessary for creating the right soil conditions for a healthy growth of these young plants, and to ensure that your plantain plantation is successful in the long run.

Land preparation should be done long before you start the process of transplantation of the plant suckers. Although this step may require significant efforts and investment, you cannot skip it, or you will have an unsuccessful harvest, which will set back your plans of owning a successful plantain farm.

Prepping the land will also enable you to structure and plan your farming operational processes and procedures.

The areas that you must consider are:

⏩The availability as well as the quality of water for irrigation that you have

⏩Mechanical actions that will need to be implemented and how they will be implemented

⏩Selection of land

⏩Any chemical requirements for improving the soil before transplantation

⏩Equipment and tools that will be required for the cultivation of plantain

⏩Labor and manpower requirements

⏩Leaching schedule

⏩Time schedule

⏩Financial requirements

⏩Hole preparation

Step #4: Purchasing Plantain Suckers

Plantains are propagated vegetatively, from corms, which are underground bulbs or rhizomes or from suckers, which are shoots that grow from the bud that is at the plant base.

Since the use of the entire corm is quite laborious, the more common method is to grow those using small corms. The mother plant makes three kinds of plantain suckers, namely sword suckers, maidenheads and water suckers.

Sword suckers come with a short pseudostem and have narrow leaves, similar to blades, along with a narrow base. When they mature, they have fruitful and healthy pseudostems.

Maidenheads come with a pseudostem that is large and does not produce any fruit; white water suckers have broad leaves with short pseudostems.

Water suckers do not have a strong attachment to the rhizome, and produce less fruit with weaker plants. They are less preferred in comparison to large sword suckers and maidenheads.

It is essential that you purchase suckers only from a farm that is reputable and trusted. There is no fixed price for these, a conventional sucker can cost anywhere around N50 to N100, while a hybrid will cost around N120 to N200. This price may again, vary depending on where you procure it.

Step #5: Planting

It is essential that before you begin your plantain plantation, you eliminate any grass or weed competition. To prevent any re-growing of weed, you can use mulching.

However, for turf grass, you will need to either use herbicides or go by the hoeing technique. If you are planning to plant for producing fruit, there should be a space of at least 8-10 feet in between. Irrigation needs to be applied at regular intervals to keep the soil moist. Ensure that there is no standing water since plantains are not tolerant to wet conditions.

Step #6: In-organic and organic fertilization

After planting, you will need to manure them using a combination of household waste, poultry manure and woodash for improving the growth and yield of plantains. It will also help to reduce the infestation by nematodes and borer weevils.

Organic manure helps maintain the temperature of the soil, conserve its moisture content and help regulate soil acidity. This will help you make the most of your efforts for plantain farming in Nigeria.

Step #7 Harvest

Plantain trees produce large bunches of heavy fruit, which may cause the tree to slump or droop. If you find that your plantain tree is struggling to stand up due to the weight, use string and bamboo poles to tie and prop the tree.

Fruits appear within 90 to 120 days after the tree flowers. Upon fruiting, plantains are typically ready for harvest within 6 to 8 months.

Step #8 Market

Plantain-Market-Osun-Web-300x200

As a farmer or producer of plantain your ultimate aim is to secure buyers for your produce. In most instances this should be straight forward as there is currently a high demand for plantain.

Buyers can range from the mama in your local market to large companies/industries. However, since industries do not buy small quantities and require that plantains meet international standards, you will only gain access to this important market if your production is to industry specification, both in terms of quantity, quality and time.

Conclusion

Following these steps with dedication is how you successfully establish your own plantain farm in Nigeria, which is not only a source of great income, but also a way to help the economy of Nigeria.

How to win and retain customers in business



One of the greatest challenges you may face in business is how to building your customers base and keep them coming. You may have everything required to run a business but once you don’t have customers to patronize you, you are not in business especially in business where the back bone of success is good customer base. As a matter of fact, strong customer base is the lifeblood of every successful business because; you are in business as long as they keep coming.

 

Image credit= wealthresult.com
Image credit= wealthresult.com

 

Some really have this believe they are not in business because of any particular customer therefore, they go ahead and treat those who come around them as if they are out to prove a point that they not hungry. That isn’t too good because every business person is hungry for profit and success. If you are not hungry for the reasons mentioned, then you do not suppose to be in business.

Can you remember the last time you visited any good establishment? Do you notice how prompt and polite you were received? Can you tell me the reason why all the major companies and establishment has customer care unit? If this ones can still go extra mile to satisfy their customer no matter how small and insignificant they seem to be despite the strong publicity some of them have, then you will understand how wrong you where if you are among those who has the syndrome of “Soldier go, soldier come” for their customers.

It is one thing to win a customers and it is another thing to keep them coming time and again.

You may be just loosing your customers to your competitors due to your attitude towards them.

Yes, do not forget that what builds business is knot how much invested in it, it is how best your positive attitude toward those who may come around you for the purpose of transaction. Therefore start doing the following now!

By all means, make yourself appealing to those who choose to patronize you, see it as a rare privilege no matter how scarce your product or service seems to be – your customers may choose to go elsewhere after all.

Create products or services that are unique, let your services distinguish you from your competitors by so doing you make your customers see value for the money they intend to part with.

 

 

 

Be punctual and regular in your business, do not crate the impression of irregular, unreliable business person in the mind of your customers as this is capable of damaging whatever trust they may have in you to provide good service delivery on time.

 

Always try to know the mind of your customers by asking question such as: Are you satisfy with my service or goods? Are there ways you want us to improve on? Then conclude by assuring him of your readiness to attend to his need next time.

You may ask him to come back if there is any complain about the goods or services, as that will create a room for open discussion between you and your customer thereby creating positive relationship that is required in building solid customer relation.

Work on your personal and business image – you have to sell yourself before you can sell anything else. People are naturally attracted to something neat and presentable. Therefore, by paying attention to your personal appearance and to your business premises your customers will be naturally attracted and enjoy coming to you always.

Granted, some customers can be very difficult to deal with but never mind. You can still win them over or at least create positive impression of a good businessperson in their mind.

If by any reason, your customer seems unhappy due to the quality of goods or services rendered see what you can do to remedy the situation. Your business will not in any way be affected if you overlook some few issues and at the same time you will enjoy good relationship with your customers. Your goal is not just for instant gain at that point in time, but to keep them coming for the future benefit because, once they stop coming you seize being in business.

Every business is capable to make you rich, only if you can master the best way to treat those who show interest in your goods and services! You will surely reap the rewards that come with hard work. Don’t procrastinate, go ahead with any aspect of Business you find interesting on

 

POSPITIPS ONLINE the profit is there waiting for you.

 

The journey has just begun! I hope as we have started it together, please do not give up. “A winner never quit and quitter never wins”.

👤POSSIBLE OTUSON (Pospi)  – Blogger and Business Coach

Top 10 most Profitable Small Business Ideas in Nigeria


Continue reading Top 10 most Profitable Small Business Ideas in Nigeria

how to Start a bread bakery business in Nigeria


 

Bread
Bread

Bread is the third most popular food staple in most parts of the world. It is widely consumed across the continents by almost all citizens, ethnics and religions groups. Everyone likes the smell and taste of bread, especially when it is freshly baked. It is one of the quickest and cheapest food to get your hands on in time of hunger.

With these in mind, we can safely conclude that starting a bread bakery business anywhere in the world is going to be a viable business.



Like I have always said, the best product to deal with is the product that is in high demand in the market and bread happens to be one of such product.  Continue reading how to Start a bread bakery business in Nigeria

Starting Your Own Business? what are the Benefits?


Thinking of starting your Business? 

its a good thing when the resources of getting started are in place. Also, having your own business established means you are practically taking a step to take control of your life, and your dreams.

There are literally countless business ideas floating out there.

Some are brand new ideas while others have been successfully implemented by thousands of people. Many of these ideas are simple, straightforward, and inexpensive to start, while others are a bit complex.

Starting your own business may require a lot of process. But in my own opinion, I advise you to start small and simple, using your own hard-earned resources to execute the idea first.

Then the success gained and your entrepreneurial spirit may motivate you to take your business to the heights you may never imagined. But you will never encounter such success if you do not give it a shot.

There are lots of benefits of starting your own business and some of them you might never know until you give it a trial.

Here are tips and motivations that can help you to start a successful business:

Independence And Flexibility

When working for yourself you tend to gain more freedom and independence. And once your business is firmly established, you’ll probably have the flexibility to make sure you don’t miss the moment and events that matter to you the most in life. You work your own hours and if you want to take a day off you don’t need to call the boss.

That does not mean starting your own business is a passport to relaxation, it simply means you’ll have the freedom to decide when to work and when to rest. Sometimes, starting your own business could even mean working harder but you make that decision and not someone else else making it for you.

You Decide Your Income If you are an employee, no matter how hard you work, you will always receive limited income even if you are the most efficient and most qualified employee. If you are a business owner there is no limitation to how much money you can make. Your income will depend on how good and efficient you are in running your your business.

In a nutshell, you are the decision maker and everything lies in your hands. If you are extremely ambitious, starting your own business will give you freedom to compete and set target for yourself to even compete and become one of the very rich persons in your niche and community. You decide when to retire depending on how much money you’ve made and even when you retire, your business will still be making you money.

SEE ALSO: How to win and retain customers in Business

Personal Fulfillment In Your Own Business

Having your own business can be more satisfying than working for someone else. Many successful small business owners enjoy the respect they get from their peers for having the courage to go out on their own and set up a business.

You are not limited in applying your creativity, you have the freedom to experiment and take calculated risks that you dare not do if you are working under someone. When such creativity and risks brings positive results, you become the most fulfill person on earth.

You become a business creator and not merely a product of business creation. You can brag about your achievement and enjoys all the recognition you get.

To Learn New Skills The more you work to build your business, the more you will realize how little you actually know. As your business expands, you will learn time management,marketing, general management, book-keeping, new types of problem solving, tax implication and so on. You will learn plenty about yourself and what you can handle throughout the life of your business.

Don’t be surprised if power is one of your goals, you will acquire power through your business and keep learning the skills of managing your power. In your business, you have employees who are out there to do your bidding your way.

However, if power is important to you and you really want to retain it, think of using it in a more constructive way to build positive value.

There Are Organizations To Help You Success There are non profit organizations out there to help you succeed in your new business. They will provide you with guidance, specialized expertise, and even offer services in helping you establish your organization up and running.

Small businesses are very important in the economy because it represents one of the workforce.

There are several organizations that you can search on the web that have the resources to help you with any advice that you will networking need for your business.One of such organization is The United States Small Business

Administration which is a Government agency that provides resources, guides, and advice to small business owners and startups.They also provide tools such as business plan software, etc.‘Doing Business’ which is powered by World Bank Groups another powerful resource platform for business startups.

SEE ALSO: How to win and retain customers in Business

Here on POSPITIPS ONLINE also we make effort to provide you with some of the finest business ideas to work on. Having a vision Most new business owners realize the dream of doing business through their own visions of how they can do things better.

Your vision or idea often comes from businesses that are not providing service or products, and you feel you could improve them if you own a business that render such services in more effective and efficient ways.

Once you have a vision for a business, it is easier to turn that vision to reality. The quality of employees you hire could also determine your success or failure in a business. How many times have you sought out business products or services and dealt with poor customer service people? By hiring the employees that will get the job done, you can make your business better.

Income Expectation Small business can be profitable. It is not only big corporations that pulls in big profits. They are countless stories of entrepreneurs landing a solid idea and exploiting it for a large financial gain. And from a selfish point of view, you get to keep more of the profits if the business is your own.

Starting your own business affords you the opportunity for professional growth. Entrepreneurs get to try there’s hands in all of the business from marketing to sales and business development. This gives business owners the ability to be more creative and become involved in the whole process of starting and running a new venture.

This can also lead to more business opportunities in future as entrepreneurs learn all factors that make their business successful.

Did you learn anything from this report?

Share it with us through the comment section and help to empower others.

How To Produce Garri In Commercial Quantity And make Million


 

20160716184956For instance, if you taste a Yoruba made garri and Igbo version,you are bound to notice some major and minor differences just like you would of a Togo and Ghana garri.

The guideline is to know what appeals to your market, if not onemay end up with the right product in the wrong market.In Nigeria, one may have the options of producing garri with varying methods and have it taken to the market for sale but among these various methods of productions, manually produced garri usually last longer than quickly made ones which contains moisture and starts getting bad as soon as it’s bagged, but the downside of this methods of production is that it doesn’t pass the international standards and are not fit for exportation.

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Garri production is a very big business that is churning out millions of naira for those doing just the ways it should be done. The investors with the right machinery are making real money producing this essential commodity in some great quantity to serve the market that is far from being saturated as the demands of it continues to increase.

 

It is a viable business because it is one of the most widely consumed food in Africa and beyond.jdghjhgkhgkhg As the population of Africa continues to grow along with its economy, likewise the demands of staple foods like garri continues to match up with it.

 

To start with, Garri is a product of Cassava which thrives in African soil due to good tropical climate. Even when other farm produce fails, cassava is is very sure to live up to expectations in bringing good harvest to the farmers.

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There are so many ways to convert the produce of cassava into different foods in Africa which garri happens to be the most among the list and its accepted throughout Nigeria as a common food for all.

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common man’s food

Put simple, garri is a common man’s food.

Sometimes and no matter how intense the economy is or howhard other food commodities may be to obtain in the market, the common question from caring relatives or others are usually,‘Hope you are eating garri or ebba?’ as its otherwise called. Just to show you how sure and affordable garri is.

 

Garri is very common and that has affected its prices for a long time now and making it to be stable. At least,close to 80% of cassava produce are processed into garri  just to show you how high the demands of garri is around within the country not to talk of having it exported to other countries which those who met the stringent exports requirements are doing.

You may not have to concern yourself over that because you can still make it big producing and selling it locally and even contact those exporting it to be buying from you if are sure of enough quantities and best processed products.If you have interest in garri production, here are some tips to guide you into making it a reality as you are sure to have your millions to show for it.For any serious entrepreneur to go into garri production, he may have to invest in cassava production which in its own is a profitable farming in Nigeria.

But if you are sure of having a steady supply of cheap and fresh cassava tubers, then you can still make it without your own farm.Another important thing to keep in mind is that cassava is a perishable item and if left for a long time it may get spoiled and that would affect your end product; because of that, always have the time frame in mind whenever you are placing order for a fresh supply or going to the market to buy yourself.

You also need to understand that there are varieties available in the markets and so make yours to be in line with what is preferred locally and in various demands too in case you have different markets with different taste traditions in mind.

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If you want garri to last for months without any form of degenerating, then take time to prepare yours by making sure that there is no moisture contents in the finished products which can be achieved using machine production.Instead of just going the markets and buying finished products for sale which may not meet the preferred standards, if one could spare the time and effort in having it produced properly even if it costs higher, you will be assured of having regular buyers that prefers good and well processed garri for distribution to markets of interest.

For those that could afford it, investing in cassava processing machinery could go a long way in having quality end products in market and that gives the person peace of mind while selling it because those who are dealing with quickly processed ones are usually in a hurry to have theirs sold of before it begins to spoil in their hands, but if you are known tobe having good quality of well processed garri in the market, that has the capabilities of positioning you well even before the exporters to the foreign markets.Since every other things are going technological, garri processing is not left behind.

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Before now and still, there are those who are still using the old and crude methods of processing garri, which many say is economical, but in terms of hygiene, it scores zero.

There are now some machines in the Western parts of Nigeria which takes up the process of cassava tubers on the arrival at the plant and have them turned into hygienically ready to eat end product of garri.

One stand better chances of having this done perfectly if he is into the farming himself,which is not all that hard as it’s explained here.Go for this modern tech in garri productions as it is sure to take off manual labor and give you the best of what you want. Garri production is a serious discussion on the internet and offline because people are just waking up to the realities of what are achievable with good production of well processed garri in the market.Farming has been discovered to be the number one investment that many people can be in and still not be able to satisfy the market demands.

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Garri is such that no matter how much you are able produce it, once it’s of some high qualities of internationally acceptably standards, you are sure to be shaken hands with full time exporters that are into millions themselves and with you would become by having business dealing with them.

5 Fears I Overcame to Become an Entrepreneur



The freedom entrepreneurship can provide is priceless. Being able to set your schedule and earn an income based off of the value you provide is appealing. 

There are many enjoyable parts of an entrepreneur’s life, but life isn’t a movie, and there are challenges and strugglesevery entrepreneur will face. These challenges are especially strong when you’re starting a business.
Fear kept me stuck in a business I hated because the money was good and pretty much guaranteed. I had a full plate of customers, but the work felt like it was draining my soul. My dream was to create a lifestyle businessthat allowed me to write, speak and consult. I had to beat these five fears to make that dream a reality.

Fear isn’t a negative thing if you understand it. Starting or growing a business is a hard enough task on its own. 

When you add in fear, it can feel impossible. Here are five fears you may need to overcome to build your business.

  1. Losing my steady paycheck.


Knowing how much money you have coming in, and having it come steadily, makes you feel secure. The income from a business is sporadic at times if you don’t have systems in place. I was terrified of leaving that consistent check from the same customers I had dealt with for years. This idea of making money online didn’t feel safe at first.

I conquered this fear by realizing that there is no such thing as a steady paycheck. Job security is a thing of the past. We see that played out every day. You can create more reliable income in your business with a plan. You should have a plan for promotions and how you will make money each month. You then schedule your content around what you’re promoting.

  1. What will I do with more free time?

When I chased this dream on the side, I used every minute wisely. I would get home from my business and work for three uninterrupted hours every day. This helped me build my online business to profitability in a year. No time was wasted, and the side business grew as a result.
This idea of having all this free time brought on fear. I worried I would watch more Netflix than work. For the first two months in my lifestyle business, that was the case. Don’t fear having free time, fear not having a plan for that free time. If you set a realistic schedule for yourself, you can be even more productive than when you were in a day job.

  1. What will family and friends think?


Our society has been trained to believe in this idea of the “American Dream.” This dream is that you graduate high school, go to college and get a degree. You can then get a “good job” and buy a house with a white picket fence. While the idea of the American Dream has changed, the overall premise remains strong.
A lot of your family and friends won’t understand your desire to be an entrepreneur. The narrative is still in their mind. There’s always a fear of what they will say and how they’ll react. Realize this is your life and you have to live it how you best see fit. Accept that some people won’t get it and that’s okay.

  1. Past failures.

Failure doesn’t have to be something that holds you back, and it’s not a fear that should keep you from becoming an entrepreneur. Use any failure as a life lesson to help you avoid the same mistakes. If you have failed at starting or growing a business in the past, dust yourself off and go back to the drawing board.
5. Self-limiting beliefs.


Doubt, fear and listening to people who don’t get entrepreneurship will feed into your self-limiting beliefs. These beliefs can amplify your fear and convince you to settle for a life you don’t want to live.
After overcoming my fear, I sold the business I hated. I now write, speak, and consult.

 I wake up every day knowing I’ll be spending my time on the things I love. I still have fear, but it isn’t about the same things and I understand what it means.
I don’t know what fears will hold you back from achieving success in your business. I only know you can beat them when you get honest about them, and address the reason fear manifested itself. Don’t let fear keep you from all the great things you can accomplish in your business.

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