BY ANKELI EMMANUEL, Sokoto –
The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has organized a one day National Business Skills Development Initiative Entrepreneurship Training for 90 participants drawn from the 23 LGA of Sokoto State.
Speaking on the objectives of the training, Moshud Lawal from SMEDAN Abuja said the participants will be trained on tailoring, GSM repairs, catering and knitting.
Mr Mushood who stressed that the greatest challenge with small businesses is lack of foresight by the owner, equally decried that mindset is another challenge in the northern axis of Nigeria.
This according to him formed part of the reasons why starting small and managing same to grow becomes difficult task for many.
He therefore noted that the most important idea to bear in mind towards starting any business is the BOSS idea.
The BOSS acronym according to him stands for Business, Opportunity, Seeking and Skills.
He explained that for one to be a successful business owner, he or she must strive to always look beyond what others cannot see.
“Stop making assumptions based on first impression, being focused and thinking outside the box to identify business opportunity and allow for proper networking”.
Mr Mushood also listed four factors for any successful business to include, ideas, motivation, ability/skills and resources both physical and financial, in addition to self confidence, business premises, available raw materials, machinery/equipment, personnel and funds.
Continuing, the SMEDAN speaker noted that small businesses which collapse because of lack of focus, consistency, good conception, project identification, feasibility study, business plan, evaluation and control as well as sourcing of finance.
On his part, Sokoto State SMEDAN Business Support Manager, Muazu Barau Muhammed admonished participants to make good use of the privilege.
Speaking with our correspondent, one of the participants, who simply gave his name as Muhammad thanked SMEDAN for coming up with such laudable initiative.
He however called on SMEDAN to provide grants or start-ups for the participants at the end of the training.
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