Business myth

10 Beliefs About Business That Are Completely Wrong

October 10, 2024October 10, 2024 Uche Chidera

Beliefs About Business That are Completely Wrong

Every day, a lot of people wake up with intentions of being independent and having their own business, but the ultimate question is, do they have what it takes to start a business? Over the years, a lot has been said about business, and this has left some people with certain notions and ideas about … Read more

5 Entrepreneurs who proved you don’t need a ‘Great Idea’ to start a successful business

October 16, 2019April 7, 2015 Ikenna Odinaka

Great idea myth to build a business

First published on: January 14, 2014 Do you aspire to become an entrepreneur; a business owner? May be you are consistently in a brainstorming session to discover that proverbial great idea that will take the world by surprise before you launch your business. Like gold, great idea is precious and not readily available. The skill … Read more

Myth 4: Do you need a formal Business Plan to start a business? How Successful companies evolve

January 28, 2014 Ikenna Odinaka

Writing a business plan

This article is the third part of a series of articles on 7 Myths about building a business. Today’s article deals on Myth 4: “Successful businesses make their best moves by strategic formal business plan” If you search for the keyword ‘Business Plan’ on Amazon book store; guess how many books will turned out – … Read more

Myth 3: Money is not one of the top 3 reasons real Entrepreneurs start their Business

January 20, 2014 Ikenna Odinaka

Money for business

This article is the third part of a series of articles on 7 Myths about building a business. Today’s article deals on Myth 3: “Successful businesses exist solely to make money” What do you consider the primary purpose of starting a business or pursuing a career? For most people, it is to make a lot … Read more

Myth 2: Do you need Charisma to build a successful business?

January 20, 2014January 16, 2014 Ikenna Odinaka

Martin Luther Charismatic Leader

This article is the Second part of a series of articles on 7 Myths about building a business. Today’s article deals on Myth 2: “Successful business requires great and charismatic visionary leaders” I once heard a business analyst describe Aliko Dangote’s speaking style as dull, non-energetic and non-charismatic. “He is not a classic example of … Read more