Thursday 10 October 2013

Top sixteen (16) lucrative business that makes millions in Nigeria

Are you thinking of Investing in Nigeria but don't know where to start from or which business to invest your money into? Here are top 20 most lucrative businesses in Nigeria you can invest your money and be sure of making millions back in no time.


 1. Cassava Production - People are beginning to turn their attention to this aspect of farming in Nigeria that have been neglected for years. Cassava derived foods are some of the most consumed in Nigeria. If you can invest in cultivating 50 - 100 Acre in a fertile area like Ondo State, your harvest will be great.


 2. Import Used Cloth - Tokunbo market in Nigeria is very big and many people prefer to buy used items that are high quality than buy fakes.The cost of buying and importing used cloths is low compared to the prices in the market here in Nigeria, guarantying good turn over on investment.


 3. Sale of Furniture - Buying and selling of Locally make furniture is a goldmine. You don't need to be a carpenter to do this, just arrange for regular supply from reliable Carpenters while you display and sale in your showroom. It is a very big business in Nigeria as only few can afford the imported designers.


 4. Snail Rearing - Snail farming is one of the choice Animal farming for many reasons. It is a low capital investment with high yield and the market is big. There are few people currently doing this - and most of them are doing it in a very low scale. If someone invest heavily in Snail farming, he is sure to make good money in Millions within a year.


 5. Haulage Services - The cost of taking a truck from one place to the other in Nigeria is between N20,000 to N200,000 per trip. Due to poor rail transport system, most of the Nigerian goods are transported through the road, making haulage business in Nigeria a viable one.


 6. Hotel Business -This is probably the coolest money making opportunity in Nigeria. Invest in small scale hotel of just 10 suites and watch as the money flows in. This has nothing to do with tourism boom of any kind; there is just something in Nigerians system that make this business very lucrative - Nigerians are jolly people!


 7. Fast Food Eatery - Eatery business is another goldmine though poor management can kill it death! If you wish to go into this business, be sure to get everything right and don't forget it's a bit capital intensive and requires good management skills. But if you get everything right, free money is yours.


 8. Importation of Tokunbo Spare Parts - If you are in USA, this business is good for you. Don't just keep importing exotic cars, gather tokunbo spare parts in containers and ship down here. There is huge market for it in Nigeria.


 9. Investing in Property - Property appreciate everyday in Nigeria. Right now, Nigeria is one the countries in the world where landed property is most expensive. If you buy land now anywhere in Lagos, you are sure to make 100% profit within two years. You can buy and quickly resell and make profit. Or you buy keep and sell later.


 10. Dry Cleaning - Professional dry cleaners at affordable prices are scarce in Nigeria. What we have are professional Dry Cleaners whose service fees are extremely high or mediocre dry cleaners who can never keep with time. Give them cloths today and meet it unwashed after one week. This business is a money maker if you balance it up.


 11. Professional Car Wash - This business is good if you can set it up in a strategic location in a place like Lagos where there are good number of cars.


 12. Sales of Building Materials - The rate at which new houses are springing up in Nigeria, you get to wonder why many people still complain of housing problem. Investing in building material is a good business and I can count some guys who are making millions almost daily in this business.


 13. Set up a small poultry - Poultry is a business you can start from your backyard with 50 to 500 birds, with between N100,000 to N300,000 depending on the cash at hand. These amounts include cost of birds, the pen, feed and medication. Get somebody who is experienced to help you set up the pen. You can source woods directly from sawmill to lower the cost. Waste management in poultry is very vital; if not properly handled, it will affect the growth, production and bird performance. Whatever aspect of poultry you intend to go into is profitable. A single bird can give you an average of 730 eggs within 2years before you sell it off for say N500 or N600.


 14. Firewood service - With the price of both fuel and oil rising, many people are turning back to wood stoves and fireplaces to cook their food. Wood is easy to burn and is less expensive compared to oil and gas. If you have access to any type of timber, woodland and trees, you can make your backyard a cash cow, providing chopped and split wood to those who are using wood for cooking, you need a few things like chain saw, axe, ropes, but these are rather minimal compared to what you can be making. You will be responsible for cutting; if you are not strong enough, you can hire somebody to do this for you. You will deliver wood to houses and retailers.



 15. Hand-Made Carton Production Business - This is amazing to know that the everyday carton that you see lying fallow by the roadside can actually be turned into wealth just with your bare hands. A carton can also be called a box. Cartons create impact and visual interest through print, colour, surface design and shape. There are basically two types of carton package, they are heavy and light packaging cartons your customers are cosmetic shops, pharmaceutical fast-food, supermarket , cottage producers, Distillers, beverages company, etc. You do not need to fear competitors who produce with machine. Just concentrate on servicing SMEs that is gradually emerging in Nigeria. The capital needed to setup a handmade carton business could be as low as N50,000.


 16. Horticulture/Gardening Business - Horticulture is the study or practice of growing flowers, fruits and vegetables. It also involves the use of iron rods in garden. The soft aspect has to do with the plants itself and it varies. It involves growing of lawns, plants, planting edges, orchard plantation, etc. The good thing about this business is that you can start with whatever you have. You can start with N1million, N500,000 or N200,000 or less. You can even start with zero capital. You can start by planting grasses or plants in a very small portion around your home. Nurture it well. Before you know it, people are admiring it and are asking you if you can do it for them. You can also start by doing it for free. Tell them to give you three months. By the time they see the outcome, no matter how small they will be forced to give you something and even give you more jobs and contacts.

Count It: How Many Times These Business Leaders Tried Before They Succeeded (Infographic)

Try as many times as possible until you succeeded, never give up.

Published with Photo Blogger for Windows Phone.

legal procedures involved in setting up a business in Nigeria

Below is a detailed summary of the bureaucratic and legal hurdles faced by entrepreneurs wishing to incorporate and register a new firm in Nigeria. It examines the procedures, time and cost involved in launching a commercial or industrial firm with up to 50 employees and start-up capital of 10 times the economy's per-capita gross national income. This information was collected as part of the Doing Business project, which measures and compares regulations relevant to the life cycle of a small- to medium-sized domestic business in 185 economies. The most recent round of data collection was completed in June 2012.

 1. Check the availability of company name with the Corporate Affairs Commission The Corporate Affairs Commission (CAC) Online System was commissioned in June 2005. The system envisaged an online search of unique company names immediately upon the purchase of an e-payment card from an accredited bank. Although this services is widely adevertised by CAC, until now the system is not fully operational either because of power fluctuation or because of lack of availability of the pre-paid cards- necessary to conduct the on-line transaction. In most cases, the applicants have to go to the CAC office to complete this procedure. Time to Complete 5 days Associated Costs NGN 200 application form

 2. Prepare the requisite incorporation documents and pay the stamp duty To prepare the requisite incorporation documents, the incorporators must complete the requisite statutory forms, prepare and print the memorandum and articles of association, and have them stamped by the Federal Inland Revenue Service (FIRS) Time to Complete 7 days. Associated Costs 0.75% stamp duty paid on capital


 3. Notarize the declaration of compliance (CAC 4) The declaration by the barrister or solicitor engaged in the formation of the company may be sworn to at either the State High Court for a fee of NGN 250 or at the Federal High court for a fee of NGN 100. Time to Complete 1 day Associated Costs NGN 500


 4. Register the company with the Corporate Affairs Commission & pay fees at the bank desk at CAC To register the company with the Corporate Affairs Commission (CAC), the following incorporation documents are submitted: • Name reservation and availability form • Memorandum and articles of association, stamped by the commissioner for stamp duties (two copies) • Form CAC 3, Notice of registered address • Form CAC 4, Declaration of compliance • Form CAC 7, Particulars of directors • Form CAC 2, Statement of share capital and return of allotment of shares Incorporation fees are • NGN 10,000 for company whose nominal share capital does not exceed NGN 1,000,000, and NGN 10,000 for every NGN 1,000,000 thereafter. Incorporation fees for a company whose share capital exceeds N1,000,000.00 is N10,000.00 for the first NGN 1,000,000.00 and N10,000.00 for every additional NGN 1,000,000.00 or any part thereof • NGN 500 incorporation forms • Stamp duties is payable on the share capital of a company at the rate of 0.75% • N500 for each additional copy of Memorandum and Articles of Association stamped • N3,000 for certified true copy of memorandum and articles of association • N2,000 for certified true copy of particulars of directors • N2,000 for certified true copy of particulars of shareholders. Moreover, NGN 60,000 is the approximate cost of company incorporation conducted by professionals ( lawyers, charted accountants of charted secretaries) accredited by CAC The payment can be done at the bank desk at CAC. The Corporate Affairs Commission introduced a same-day incorporation option at an increased statutory fee (five times that of standard incorporation). In June 2005, the Corporate Affairs Commission commissioned a system for online company registration, in which registration documents and payments may be processed electronically by Commission-accredited lawyers. However, the system is not yet fully implemented. Time to Complete 11 days Associated Costs NGN 59,592 legal fees + NGN 500 incorporation forms + NGN 20,000 incorporation fees + NGN 500 for each additional copy of Memorandum and NGN 500 for additional copy of the Articles of Association stamped + NGN 3,000 for certified true copy of memorandum and articles of association + NGN 2,000 for certified true copy of particulars of directors +NGN 2,000 for certified true copy of particulars of shareholders


 5. Register with the Federal Board of Inland Revenue Department of the Ministry of Finance for income tax and VAT The Federal Inland Revenue Service (FIRS) requires the applicant to complete tax registration forms for corporate income tax registration as well as VAT. The company submits an application letter to the tax authority for a tax clearance certificate and, for income tax purposes, registers at the integrated tax office. The registration process requires submitting a completed tax office–issued application (taxpayer registration input form, TRIF/2006/001 COYS) and the following documents:

 • Completed FIRS questionnaire
• Memorandum and articles of association (copy)
• Certificate of incorporation (copy)
• Directors’ names and addresses
• Tax advisor’s name and address
• Letter of appointment of a tax adviser and corresponding letter of acceptance
• The date the company commenced business
• Names, addresses and mobile numbers of major promoters and the chairman of the company, including their email addresses
• Other sources of income of the chairman and the promoters of the company
• Name and addresses of the principal officers of the company including the chairman, managing director, legal adviser and accountant To register, the company must submit the taxpayer registration input form in triplicate, and the original certificate of incorporation must be presented for review by the controller. Upon the completed taxpayer registration input form and all other documents being received, a tax reference number is allocated. An application must be filed for the tax clearance certificate; its issuance is not automatic. Fee schedule for tax clearance certificate: • Registration within 6 months of incorporation: no cost. • Registration after 6 months of incorporation (if the company has yet to start business operations): • A pre-operation levy of NGN 20,000 for first-year requests and NGN 25,000 for each subsequent year request, until the company files a notice of commencement of business as per amendment to section 29 of the Companies’ Income Tax Act No. 11 of 2007. • Companies that register after the start of operations must file a set of audited accounts. TCC is issued based on tax paid for 3 years. If the position is at a loss, the TCC will be issued to reflect the position. Companies required to register for VAT complete the VAT registration form (VAT Form 001, obtainable free of charge from all FIRS offices) and return it to the integrated tax office, which will issue a taxpayer identification number (TIN). Companies required to register for VAT must do so within 6 months from the date of starting business operations. Since the registration for corporate income tax and VAT are done in the same place; 1 Tax Identification Number (TIN) is issued to companies for all federal taxes. Time to Complete 4 days Associated Costs no charge


6. Register for personal income tax PAYE at the State Tax Office All employers shall register with the relevant state tax authority for income tax withholding. Once the application is filed, with a copy of the certificate of incorporation attached, a reference file is opened for the company. Time to Complete 2 days Associated Costs (simultaneous with previous procedure) no charge


7. Receive inspection from local government The Lagos State Government has developed a new State Law which entitles it to impose signage fees. Lagos State Signage and Advertising Agency (LASAA) regulates outdoor display in business premises in Lagos State. Any company that is doing business in Lagos State that has an outdoor display in form of advertisement in the premises or any vehicle of the company must register the display with the agency. LASAA issue the questionnaire regarding the application to erect a signboard outside business premises, etc. That questionnaire is completed by newly established businesses within the State and submitted to LASAA, who will scrutinise the completed questionnaire and arrange for an inspection of the signboard at its location. After the above, the application will be forwarded to the Billing and Assessment department of the agency to determine the fee payable for the issuance of the permit. The amount of fee is determined by the dimension and location of the outdoor display. However, in most states in Nigeria, signage and related compliance issues are handled by the local government council. Time to Complete 7 days Associated Costs (simultaneous with previous procedure) included in procedure 8



8. Pay fees at a designated bank The fee payable is about NGN 9,000 comprising the formal application fee (NGN 2,500) and the fee for a Geographical Information Survey (NGN 6,500). Additional optional fees totalling NGN 6,000 may also be paid at the application stage for the LASAA Guidelines (NGN 5,000) and the LASAA Gazzette (NGN 1,000). Time to Complete 1 day Associated Costs NGN 18,500

Tuesday 8 October 2013

Solve basic human problems with greater speed and simplicity will increases your profit immensely. Quote by twitter founder Evans Williams at the just concluded xoxo conference in Portland, Oregon.



Ev Williams has figured out the internet.
That’s what he told the gathered tech heads at the recent XOXO conference in Portland, Oregon, and while he may have said this with tongue partly in cheek, he spent the next 30 minutes unloading his unified theory of the global computer network, an interpretation formed after 20 years of hard thinking — to say nothing of his experience creating seminal internet companies Blogger and Twitter.
In his speech, Williams explained what the internet is, how it works, and how to get rich from it. Truth be told, Williams is not the best public speaker, but his message was clear: At a time when so many internet entrepreneurs are running around Silicon Valley trying to do something no one else has ever done, Williams believes that the real trick is to find something that’s tried and true — and to do it better. It’s a speech that should serve as a signpost, a bit of much-needed direction for the Valley’s younger generation.
The bottom line, Williams said, is that the internet is “a giant machine designed to give people what they want.” It’s not a utopia. It’s not magical. It’s simply an engine of convenience. Those who can tune that engine well — who solve basic human problems with greater speed and simplicity than those who came before — will profit immensely. Those who lose sight of basic human needs — who want to give people the next great idea — will have problems.
“We often think of the internet enables you to do new things,” Williams said. “But people just want to do the same things they’ve always done.”
In 1994, Williams was a Nebraska college dropout selling tutorial videos to help people get onto the net. In those videos, he described the global computer network as “a puzzle comprised of three things: Computers, information, and people.” But he no longer sees it that way.
After leaving Twitter in 2011 and helping to incubate, among other things, the blog network Medium, Williams found himself rethinking his original formulation. Computers have proliferated and diversified, in size and function, to the point of being unremarkable. Information has become similarly abundant, rendering the term unsatisfyingly generic. And after 20 years, the types of people and groups you find online are basically identical to the people and groups you find in the physical world. What’s now important are the connections between the people and the machines.
“There are hardware connections, then there are all these interactions involved with data and software,” Williams says. “And if you look at any big internet thing, you see it’s basically a big hive of connections. A Follow is a connection. A Like is a connection.
“What the internet is doing now is connecting everyone and everything, every event and every thought, in multiple ways — layer upon layer of connection. Increasingly, everything that happens and everything we do, everyplace you go and check in, every thought you have and share, and every person who liked that thought… is all connected…and it keeps multiplying relentlessly.”
These connections aren’t just proliferating, he said. They’re proliferating in a particular direction. There’s an organizing principle that explains what thrives on the internet and could potentially predict what will thrive in the future: Convenience.
“The internet makes human desires more easily attainable. In other words, it offers convenience,” he said. “Convenience on the internet is basically achieved by two things: speed, and cognitive ease.” In other words, people don’t want to wait, and they don’t want to think — and the internet should respond to that. “If you study what the really big things on the internet are, you realize they are masters at making things fast and not making people think.”
Google, Facebook, Amazon, and Apple were all excellent at delivering this sort of convenience, Williams said. They often got there by removing steps from what had once been a more complex series of actions, precisely the trick that allowed Williams’ first big invention, Blogger, to dominate how people put new content on the web. Instead of creating a new document, saving it, manually uploading it, and viewing it in a web browser, people could simply type their content into a web form and click “publish.”

Monday 7 October 2013

20 traits of successful entrepreneur

Many people start businesses but fewer succeed. For many of those people, failure was directly related to their inability to lead an entrepreneurial effort. Being a successful entrepreneur typically requires an entrepreneurial spirit as well as a long list of character and personality traits that enable the entrepreneur to reach his or her goals.
While it’s possible for a person to succeed in an entrepreneurial endeavor who has none of the necessary traits shared by successful entrepreneurs, you’ll increase your chances of success significantly if you have or work to cultivate the following 20 traits:
1. Not Afraid of Failure
Talk to successful entrepreneurs and most will tell you that success didn’t come to them on their first try. If your first entrepreneurial effort fails, don’t give up. Like other successful entrepreneurs before you, success might not come until your second or third try. As Biz Stone, co-founder of Twitter, said, “Timing, perseverance, and ten years of trying will eventually make you look like an overnight success.”
2. Risk Taker
Risk-aversion is an entrepreneur killer. Success comes to those who aren’t afraid to take leaps of faith, but make sure your risky decisions are made with an eye to facts, effects, and likely outcomes. In other words, take “intelligent” risks.
3. Persistent
Good things come to those who wait, and patience is critical to entrepreneurial success. Be persistent and don’t give up too soon.
4. Confident
If you don’t believe in yourself and your ideas, no one else will. You need to show people that your entrepreneurial endeavors are poised for greatness, so they’ll jump on board with you.
5. Creative and Strategic Thinker
Successful entrepreneurs are innovative and think many steps ahead in terms of laying out goals and a strategy to reach those goals. Immediacy is important but avoid being too short-sighted and missing the bigger picture that helps you avoid future problems and leads to long-term success.
6. Organized
Entrepreneurs with great organizational skills, who are capable of managing all of the various parts and pieces of their businesses, have a much greater chance at success than disorganized entrepreneurs.
7. Planner
Simply reacting won’t lead to entrepreneurial success. Instead, you need to be proactive and create a plan to reach your short- and long-term business goals. Planning is critical.
8. Negotiator
As a business is developing, entrepreneurs must negotiate with a long list of people and organizations. Entrepreneurs who hone their negotiation skills are in a much better position to succeed than entrepreneurs who lack these skills.
9. Communicator
Successful entrepreneurs are good at interacting with and communicating with a wide variety of people. Suppliers, customers, employees, business partners, and investors make up just part of the list of people entrepreneurs need to connect with, build relationships with, and communicate with in order to be successful. If your communication skills are below average, start improving them now.
10.  Able to Manage Money
Entrepreneurs are not just profit-oriented, but they’re also money managers. They need to manage incoming and outgoing cash flows and ensure the business is capable of staying afloat. Many entrepreneurs also need to be able to attract and retain investors. A high comfort-level with money management is extremely important if you want to be a successful entrepreneur.
11. Adaptable and Flexible
Not only do successful entrepreneurs know how to adapt and wear many hats on a daily basis, they also know that change is inevitable. They’re ready for change and navigate through changes seamlessly.
12. Self-motivated
To be a successful entrepreneur, you must be a self-starter that is always ready to take on any challenge and complete any task. They can be called workaholics with a never-ending supply of ambition and personal drive. That self-motivation also motivates the people around them.
13. Self-promoter
Getting an entrepreneurial effort off the ground requires self-promotion, and the most successful entrepreneurs are not shy about promoting their efforts to anyone they meet. Their advocacy knows no bounds.
14. Continual Learner
Successful entrepreneurs understand that they don’t know everything. They’re constantly searching for new opportunities, new tools, new ideas, and so on. The more knowledge they acquire, the better.
15. Delegator
Successful entrepreneurs know they can’t do it alone. When the time comes that they need help, they find skilled people and delegate tasks and authority.
16. Supportive
A positive environment filled with employees who believe in the entrepreneur’s vision will help drive the entrepreneur to greater success. Therefore, entrepreneurs who foster supportive and positive workplaces are well-positioned to achieve the success they want.
17. Passionate
Entrepreneurs who possess and exude a passionate belief in their entrepreneurial efforts will naturally be self-starters and self-promoters with supportive workplace environments. If you’re not consumed with passion for your entrepreneurial endeavor, your chances at being successful are limited.
18. Accepts Challenges
Successful entrepreneurs don’t back away from challenges. Instead, they face those challenges head on. However, they don’t dive into a challenge before analyzing them to ensure they’re worth the time and effort.
19. Multi-tasker
It’s not uncommon to find a successful entrepreneur using two computers, a smartphone, a tablet, and a landline all at the same time. Furthermore, he or she is actively working on multiple projects, but everything is going smoothly. That’s because successful entrepreneurs are great multi-taskers.
20. Focused
As you’ve learned from the 19 character traits listed above, successful entrepreneurs are busy people and they have a lot going on at all times. However, they must stay focused on the business’ objectives at all times, too. Successful entrepreneurs can stay focused despite all of the other things happening every day. Without that focus, entrepreneurs would fail.
Read more at http://www.lifed.com/20-traits-of-the-most-successful-entrepreneurs#QMSgp2YUqvBybCAj.99

50 inspiring quotes from highly successful startups entrepreneurs

Catch the entrepreneurial spirit by learning from the best. That’s advice to live by, and you can get motivated to carve out your own path with the 50 inspiring quotes from people who have launched their own highly successful startups. From Mark Zuckerberg of Facebook to Hugh Hefner of Playboy, you’ll find quotes in this list that will make you think, make you laugh, make you wonder, and make you want to jump out of your seat and take the next step with your own entrepreneurial endeavors!
1. “I like to pride myself on thinking pretty long term, but not that long term.” - Mark Zuckerberg, Co-founder, Facebook
2. “Whatever you’re thinking, think bigger.” - Tony Hsieh, Co-founder, Zappos
3. “Ideas are a commodity. Execution of them is not.” - Michael Dell, Founder, Dell
4. “If you can’t feed a team with two pizzas, it’s too large.” - Jeff Bezos, Founder, Bezos
5. “Your reputation is more important than your paycheck, and your integrity is worth more than your career.” - Angelo Sotira, Co-founder, DeviantArt
6. “When you’re a one man show, you have to focus on the most important thing to get done today.” - Noah Everett, Founder, Twitpic
7. “You need to be surrounded by good advisers, but you also need to trust your instinct.” - Chris Hughes, Co-founder, Facebook
8. “Timing, perseverance, and ten years of trying will eventually make you look like an overnight success.” - Biz Stone, Co-founder, Twitter
9. “When you innovate, you’ve got to be prepared for people telling you that you are nuts.” - Larry Ellison, Co-founder, Oracle
10. “Having a partner definitely allows you to take more risks.” - Arianna Huffington, Co-founder, The Huffington Post
11. “The most essential quality for a good team is trust.” - Dina Kaplan, Co-founder, Blip.tv
12. “The cost of hiring someone bad is so much greater than missing out on someone good.” - Joe Kraus, Partner, Google Ventures
13. “The way to get started is quit talking and start doing.” - Walt Disney, Co-founder, Disney
14. “Always deliver more than expected.” - Larry Page, Co-founder, Google
15. “The most dangerous poison is the feeling of achievement. The antidote is to every evening think what can be done better tomorrow.” - Ingvar Kamprad, Founder, IKEA
16. “Don’t limit yourself. Many people limit themselves to what they think they can do. You can go as far as your mind lets you. What you believe, remember, you can achieve.” - Mary Kay Ash, Founder, Mary Kay Cosmetics
17. “It’s not that we need new ideas, but we need to stop having old ideas.” - Edwin Land, Creator, Polaroid
18. “Don’t find fault. Find remedy. Anyone can complain.” - Henry Ford, Founder, Ford
19. “Don’t let people tell you your ideas are stupid. If you’re really passionate about something, find a way to build it.” - Dennis Crowley, Co-founder, foursquare
20. “Follow the cream of the crop in your area of online expertise and learn from them. Network with them.” - Mark Forrester, Co-founder, WooThemes
21. “Make every detail perfect and limit the number of details to perfect.” - Jack Dorsey, Co-founder, Twitter
22. “You can’t just ask customers what they want and then try to give that to them. By the time you get it built, they’ll want something new.” - Steve Jobs, Co-founder, Apple
23. “Life is too short to be living somebody else’s dream.” - Hugh Hefner, Founder, Playboy
24. “You don’t learn to walk by following rules. You learn by doing and falling over.” - Richard Branson, Founder, Virgin
25. “I never took a day off in my twenties. Not one.” - Bill Gates, Co-founder, Microsoft
26. “Success and profitability are outcomes of focusing on customers and employees, not objectives.” - Jack Ma, Lead Founder, Alibaba
27. “Even if you don’t have the perfect idea to begin with, you can likely adapt.” - Victoria Ransom, Co-founder, Wildfire Interactive

28. “Openly share and talk to people about your idea. Use their lack of interest or doubt to fuel your motivation to make it happen.” - Todd Garland, Founder, BuySellAds
29. “High expectations are the key to everything.” - Sam Walton, Founder, Walmart
30. “You have to have more leadership, less management. It’s about getting stuff done, you can sit around and analyze things forever but while you do that the competition has moved on.” - Peter Vesterbacka, Founder, Rovio Games (including Angry Birds)
31. “Don’t take too much advice. Most people who have a lot of advice to give — with a few exceptions — generalize whatever they did. Don’t over-analyze everything.  I myself have been guilty of over-thinking problems. Just build things and find out if they work.” - Ben Silbermann, Founder, Pinterest
32. “We’re not very good at knowing what we want, and we are very quick to say, ‘This sucks.’ That’s where the opportunity lies.” - Gary Vaynerchuk, Founder, Wine Library TV
33. “Embrace what you don’t know, especially in the beginning, because what you don’t know can become your greatest asset. It ensures that you will absolutely be doing things different from everybody else.” – Sara Blakely, Founder, Spanx
34. “Execution really shapes whether your company takes off or not. A lot of people start out with an exciting thing and they want to take over the world, but really the people who do take over the world have a good plan of how to get there and the steps along the way.” - Pete Cashmore, Founder, Mashable
35. “You should set goals beyond your reach so you always have something to live for.” - Ted Turner, Founder, TBS, CNN, and more
36. “Be a user of your own product. Make it better based on your own desires. But don’t trick yourself into thinking you are the user.” - Evan Williams, Co-founder, Twitter
37. “I’m convinced that about half of what separates the successful entrepreneurs from the non-successful ones is pure perseverance.” - Steve Jobs, Co-founder, Apple
38. “You just have to pay attention to what people need and what has not been done.” - Russell Simmons, Founder, Def Jam
39. “You jump off a cliff and you assemble an airplane on the way down.” - Reid Hoffman, Founder, LinkedIn
40. “Don’t be afraid to assert yourself, have confidence in your abilities and don’t let the bastards get you down.” - Michael Bloomberg, Founder, Bloomberg L.P.
41. “Every time you state what you want or believe, you’re the first to hear it. It’s a message to both you and others about what you think is possible. Don’t put a ceiling on yourself” - Oprah Winfrey, Founder Harpo Productions, OWN
42. “I made a resolve then that I was going to amount to something if I could. And no hours, nor amount of labor, nor amount of money would deter me from giving the best that there was in me. And I have done that ever since, and I win by it. I know.” – Harland Sanders, Founder, KFC
43. “So often people are working hard at the wrong thing. Working on the right thing is probably more important than working hard.” - Caterina Fake, Co-founder, Flickr
44. “What do you need to start a business? Three simple things: know your product better than anyone. Know your customer, and have a burning desire to succeed.” - Dave Thomas, Founder, Wendy’s
45. “Whatever you do, be different. That was the advice my mother gave me, and I can’t think of better advice for an entrepreneur. If you’re different, you will stand out.” - Anita Roddick, Founder, The Body Shop
46. “I think it’s very important that whatever you’re trying to make or sell, or teach has to be basically good. A bad product and you know what? You won’t be here in ten years.” - Martha Stewart, Founder, Martha Stewart Living Omnimedia
47. “The one thing that I think is critical in the entrepreneurial spirit is that it’s all attitude. If you think you can, then you’re half way there. If you say, ‘I can’t,’ then you’re defeated.” - Debbi Fields, Founder, Mrs. Fields Cookies
48. “Trust your instincts.” - Estee Lauder, Founder, Estee Lauder
49. “Risk more than others think safe. Dream more than others think practical. Expect more than others think possible. Care more than others think wise.” - Howard Schultz, Founder, Starbucks
50. “Your time is limited, so don’t waste it living someone else’s life. Don’t be trapped by dogma – which is living with the results of other people’s thinking. Don’t let the noise of others’ opinions drown out your own inner voice. And most important, have the courage to follow your heart and intuition. They somehow already know what you truly want to become. Everything else is secondary.” - Steve Jobs, Founder, Apple
Read more at http://www.lifed.com/50-of-the-most-inspiring-startup-quotes-from-successful-entrepreneurs#e1m664ZZovVgLUIX.99
Warm welcome to my blog friends, for many years to come this great and inspiring platform will greatly inspired the life of millions of people in our great country Nigeria through its impact that it will make in the life of unemployment and employed Nigerians. Welcome on board.