One of the most challenging parts of running a small or medium enterprise is being an employer of labour. Whether you have 3 employees or 30, life as you know it has changed forever. You’re now directly responsible to and for others, and you have to do right by them and also make sure that your business is better for their being there. Here are 7 pitfalls you’ll want to avoid.
The opportunity to share a flat can be a lifesaver for young professionals who need accommodation and cannot afford the cost of rent on their own. Every other day, there’s a social media post about someone having a room in their apartment they would like to rent out, someone needing a flatmate to share the cost of a nice new place they just found, or someone willing to pay for a room in a flat. However, if you’ve ever tried any of these, you know how challenging it can be to find the right flatmates.
Starting a small business is not a walk in the park, especially in Nigeria; a chat with any Nigerian entrepreneur will quickly reveal this. In spite of the many challenges, small businesses continue to spring up daily, and Connect Nigeria continues to support SMEs across Nigeria, recognizing the invaluable role they play in the economy.
Are you considering starting a small business? Have you identified the things that have held you back? Then ask yourself these questions.
Speaking of the side hustle phenomenon…
LAGOS, NIGERIA: I’m working on an amazing, life-changing project and I need firebrands to partner with.
If you’re open to a #sidehustle and you think we can work well together, send me an email: pinpointcreatives [at]yahoo[dot]com stating what you currently do, and what you’re passionate about.
If you live in the Lekki-Ajah area that’s a plus, as we can meet up right away.
A side hustle is a service or product that you offer or sell on the side of your current full time job or business, to earn extra income.
There are many inspiring things about the Proverbs 31 woman. She has encouraged me to embrace the virtue of early rising, taught me the value of earning my own income as a woman, and helped me understand the importance of having help at home.
She has also taught me the value of having a side hustle, which is something that has changed my life in more ways than I can count. Here are just a few reasons why you should get a good side hustle in 2018.
- You Are a Person.
Yes, you are a human being. Ecclesiastes 3:13 says “And people should eat and drink and enjoy the fruits of their labour, for these are gifts from God.” Being a woman doesn’t exclude you or mean that the gift of God doesn’t apply to you. The “virtuous and capable wife” in Proverbs 31 knew this. She went about her various businesses with zest and vigour, and applying her God given aptitude she invested her earnings, creating multiple streams of income and multiplying her revenue! Have a look:
-“She finds wool and flax and busily spins it.”
-“She goes to inspect a field and buys it; with her earnings she plants a vineyard.”
– She is energetic and strong, a hard worker. She makes sure her dealings are profitable; her lamp burns late into the night.
– She makes belted linen garments and sashes to sell to the merchants
Man or woman, there is dignity in labour. God has made it so, and is well pleased to see it. Get with the programme.
Stepping out of your comfort zone is one of the hardest things to do; it’s called your comfort zone for a reason.
However, it is an absolute requirement for a life fully lived.
I’ve spent the last five years running an editorial services business from home, so leaving my comfort zone has changed me a lot in the last six months. Starting my second business has meant re-learning how to work with a team, make calls instead of typing messages, walk up to strangers and introduce myself, and so on.
Has it been worth it? Yes, totally.
Step out. Live.