6 Tips to Quickly Launch Your Own Business

April 19, 2017

By Adeniyi Ogunfowoke

You have been thinking about launching your own business enterprise but the fear of the unknown grips you that you keep postponing it. You know that procrastinating about starting something can lead to regret later.

If you are in this position, it is time to stop thinking and kick off your entrepreneurial journey. Jumia Travel, the leading online travel agency shares ways you can quickly start your own business.

Simply start

Yes, you do not have money to start a business. That is a major entrepreneurial problem that cannot be overcome. There will always be financial scarcity. But start with the little you have. Find a solution to a problem or you sell anything in case you do not know the business you want to do.

Ask someone for advice

Have a mentor who will guide you and who you can talk or call anytime for advice. Of course, they must be persons who are willing to share the secret of doing business with you in a Nigerian environment as well as offering assistance when you are stuck. They will also share challenges. This will stop you from giving up.

Work with someone who drives you to do more

You do not want to work with someone that is negative. Sooner rather than later, everything will collapse. Therefore, you should look for an individual who will drive you to your limit. This will prompt you to give everything to your startup or business.

Hire freelance workers

You do not need to hire permanent workers immediately you start your business. You can take advantage of freelancers who will also do a good job for you. The demands of freelancers can’t be compared to that of permanent workers. When your business is a bit stable, you can now engage permanent workers.

Don’t focus on money

For people who focus on money, they will not be patient for their business to start running itself. This is because it may take years before you start profiting from it. Invest your money and relax for it to make returns in few years. You can’t break even immediately.

Interact with your potential customers

Do not be afraid to talk to your friends and potential who you know can patronise your business. Even if they do not do business with you, they know that you have a business you are running. Also, do not forget to use social media to push your business. You can go as far as sponsoring your business on twitter, Facebook or Instagram. It cost less than two dollars to do this.

Adeniyi Ogunfowoke is a PR Associate at Jumia Travel.

Dipo Olowookere

Dipo Olowookere is a journalist based in Nigeria that has passion for reporting business news stories. At his leisure time, he watches football and supports 3SC of Ibadan.

Mr Olowookere can be reached via [email protected]

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