They say education is the key to success, some also believe it’s the only way to financial stability and future of every individual. Little do they know, these caliber of people seem to be absolutely obsessed with education and don’t rather want to know there are a lot of opportunities that can make them more successful in life. There are business ideas and skills which do not require certificate to start and there some too which demand academic knowledge to achieve. The founder and CEO of Innoson motors is one of the billionaires we have today in the country, he started his company without university degree but now he’s known worldwide.
To start up any business or investment, the first factor to consider is the capital, you must ensure the capital is sufficient to kick start and do a thorough calculation of the imminent profit it yield. The second consideration must base location, the environment where you intend to set up your investment matters. You must ensure your choice of business can thrive in your choice of location, study the percentage of demands of people living there, if your services do not meet up at least 50% of the residents’ needs, you might receive a low income rate, but there is always alternative as you can consider another business idea.
In order to help future investors or potential entrepreneurs discover a thriving and encouraging location for their businesses, Olainfo and its team have compiled a list of five states in Nigeria that would help them achieve their dreams. Below are our suggestions:
Lagos State: Lagos as said to belief, it’s the commercial hub of Nigeria and also most industrialized state in the country. A country with a population of more than 18 million is open for any kind of investment as the population force alone will drive reasonable patronage to your services. More than 50% of the population is made of strangers from different part of the country, many Nigerians believe the state as the best place to make wealth. The city receives hundreds of visitors on daily basis, it’s the largest economy in Nigeria. These are some the reasons why we suggest Lagos as one of the best locations where business can thrive and achieve the aims behind it.
Rivers State: the state is known as oil rich with the capital in Port Harcourt. The city is filled up with strangers too with a lot of companies and industries situated there. This is a state that houses almost all the oil companies in Nigeria with a population of more than 4 million people, many Nigerians troop to the city on daily basis to seek greener pasture. The high cost of commodities there will interest you start up business there if you could meet the demands of the residents as you’ll make double income unlike other states where things are cheap. You can consider settling up your business in Port Harcourt to get a high income.
Ogun State: second on our list is ogun state, it’s one of the south western states in Nigeria alongside Lagos. The state said to have acquired its fame and civilization from the massive development in Lagos through boundaries. The two states are like twin, some parts of the states are trek able for who intends to go beyond borders. Having experiencing short of land in Lagos, some new and old investors had extended their offices and industries to Ogun State, this alone has made the state emerged the second most industrialized in the country. This state has notable four cities that are well developed to Nigeria standard, and filled with strangers from other states, it’s also a good choice for you.
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