Comments on: Creating A Business Plan

By: NaijaEcash

NaijaEcash — Thu, 08 Apr 2010 07:04:00 +0000

@marcus
I quite agree with you. Too many African entrepreneurs are in a hurry to see result. They don’t just want to wait. No wonder several small businesses in African dies within five years of formation. We need to learn to do the right thing.

By: marcus

marcus — Thu, 25 Mar 2010 12:03:07 +0000

one of the reasons also why the developed nations are doing better than the African nation is that we Africans don’t spend quality time on research making like those developed nations

By: Paul Onwueme

Paul Onwueme — Tue, 22 Sep 2009 21:24:49 +0000

True talk, you are concise on what a business plan is and what it should do.

By: NaijaEcash

NaijaEcash — Tue, 22 Sep 2009 13:08:37 +0000

@Chukwudi
Good talk. One of the reason why the developed nations are doing better than African nations is because of their attitude on sharing knowledge. Africans horde knowledge while the western nations share ideas and even encourage others to build on it. Cheers.

By: Udegbunam Chukwudi

Udegbunam Chukwudi — Tue, 22 Sep 2009 08:49:10 +0000

Don’t assume someone won’t get a better idea than yours. Even if your business is dependent on a patented invention be realistic that competition will eventually arise.

There I was in my little world with dreams of being probably the most starightforward MMO blogger from Naija but you beat me to it. The day I clicked on your link I was expecting to see trash like I’ve seen on most naija MMO blogs but instead I was caught off guard. Lord knows I’ve been using those bad blogs to deceive myself that there’s no one doing what I’m doing right now. Hmm. Boy was I mistaken.You don become my greatest competition. LOL. Better still, you’ve become somewhat of a mentor. Hopefully I’ll still be around in the MMO niche for a second year.

By: Premium Finance

Premium Finance — Wed, 16 Sep 2009 03:13:54 +0000

Nice Post. I really like it.. Thanks for sharing..

By: NaijaEcash

NaijaEcash — Fri, 29 May 2009 15:05:08 +0000

@Geyser
Thanks for visiting and adding your thoughts. Cheers.

By: Traffic Geyser Review

Traffic Geyser Review — Thu, 28 May 2009 07:23:20 +0000

“Avoid optimism. It is advisable to be extremely conservative in predicting capital requirements, timeline, sales and profits.”

Most definitely! One of the biggest pitfalls in business is being too optimistic about how quickly you’ll make a profit. This is one place where you really need to take all of those “what-ifs” into consideration, and budget for them.

Businesses fail every single day because their owners assumed everything would go according to plan. But it never does.

Excellent post! I look forward to reading more.

Lee