How to Raise the Capital You Need to Be an Entrepreneur As a Nigerian!

Many people try to depend on government-managed loan funds, government subsidies, government-funded business development centers and entrepreneurial curriculum in schools to raise the capital they need. But the truth is infusions of venture capital funding at both federal and state levels do not necessarily foster the wiliness to bear the risk of a new venture that has significant chance for money-making. Entrepreneurship is the creation of new and better ways of doing business, which will destroy the established ways of doing business. So do not expect funds from those you are trying to keep out of business through your new combination of resources. Capital is more mobile than labor, and funding naturally flows to those areas where creative and potentially profitable ideas are being generated. It is important for you to estimate how much you need and then raise that amount to transform your dream into a reality. But what you need to start up your business and take up the market is your ideas and not funding. Funding does not create new ideas; funding follows ideas.facebook twitter tools