Top 7 Must-Have Business Skills For Nigerian Creative Entrepreneurs
Starting your own business is not like ‘Bread n’ Beans’, but it can be one of the most rewarding and fulfilling experiences of your life.
It takes having the right set of skills to build a global Standard Enterprise.
There is no magic formula to being a successful entrepreneur in Nigeria, However, here is our list of skills to hone to build something great.
Managerial skills are as important as oxygen for the entrepreneur and the business. Being able to communicate clearly, coordinate and motivate staff, as well as plan tasks effectively are vital skills you need.
Entrepreneurial leadership involves organizing and motivating a group of people to achieve a common objective through innovation, risk optimization, taking advantage of opportunities, and managing the dynamic organizational environment. Leadership is not just about having fancy titles such as Chief Exec. Officer(CEO), Managing Director (MD) etc. It’s about having the right qualities that make others want to follow you
The success of many businesses are attached to the numbers at the end of the month. Fasten tight and track your finances. As an entrepreneur, it helps immeasurably to know at least the basics of profit & loss, balance sheets, and cash flow statements. To achieve this you must equip yourself with relevant knowledge
Your first assignment as an entrepreneur is to solve problems. Using innovation and creative solutions to close gaps by resolving societal, business, or technological problems.
A great entrepreneur must be able to effectively communicate, sell, focus, learn, and strategize. Along the way of your entrepreneurship journey, you will surely need to be able to communicate your vision, ideas, plans, and goals to business partners, customers, existing and potentials employees, etc.
The Digital and technology world evolves, so must you. Be ahead of your competitions. Integrate digitalisation into your structure by leveraging on e-commerce, online payment, digital workspace / remote working and lots more. A business that can’t evolve with technology wouldn’t stand the test of time.
No product/service will sell itself. As an entrepreneur you’re your own Chief Marketer. Starting from day one in your business, you’re selling. Whether it’s pitching your idea to potential investors or showcasing your latest innovation to prospects, the success of your business depends on your ability to sell.
Which one of the above 7 skills do you feel is most important for a Nigerian entrepreneur?
Share your thoughts in the comment section below.