An entrepreneur is someone who creates or starts a new business, the individual bears most the risk and also enjoys most of the reward that comes with the business. Let us discuss entrepreneurship types and characteristics of successful entrepreneur.
Entrepreneurs are individuals that create solutions to problem in a society. When they see challenges, they do not complain instead they look for a solution, so you can also say that entrepreneurs are solution providers.
They are also important to the economy of every nation because their businesses provide jobs for others and their profit also make up for economic growth.
Being an entrepreneur has high risk because when they fail, there is no one to fall back on. Entrepreneurs go through a lot of stress, pain and challenges at the initial stage of the business that people cannot see. Most people only see their success and envy them but they do not know the story behind their success.
A franchise is a type of business in which the owner accepts a license or a franchise fee in order to allow other individuals use business resources such as product, branding and operational knowledge.
The business that grants a license to other individuals is called a franchisor while the Individuals or businesses that pays for the license are called franchisee.
In this type of business model, the franchisee is meant to pay royalties to the franchisor from time to time and this depends on the agreement between both parties.
The franchisee is also meant to get the operation principles of the business so that he can get an optimum result like that of the business owner.
The first time I heard about franchise business was when one of my uncles was succeeding in business and everyone admired him in the family.
Guarantee Trust bank was founded in 1990 but commence operation in 1991. and have continued to grow and wax stronger till now. They have also grown to become one of the most respected banks in Nigeria.
In 1996 Guarantee Trust bank became a publicly quoted company and in 2002 the bank was granted a universal banking license by the CBN.
They bank has also won the award for the best bank in Nigeria several times. They have focus more on retail banking which has helped them to grow. Their head office is located at plot 635, Akin Adesola Victoria Island, Lagos.
GT bank was the first bank I opened account with and I still run it till date because their services has been good. That is the account that I run most because their banking services are reliable.
First bank of Nigeria like the name implies is the first bank that was founded Nigeria and they have been consistent over the years. Many banks have come and gone after it was founded and it is still operating at an optimum level. First bank was founded in 1894. The bank was established by Sir Alfred Jones, a shipping head from Liverpool England.
The bank has its head office in Marina, Lagos Island and has over 700 branches across Africa. The bank has subsidiaries in countries like Ghana, Congo, Gambia, Guinea, Sierra-Leone and Senegal.
For eight consecutive years the bank has received the Best Retail Bank in Nigeria from year 2011-2018 by The Asian Banker.
These days, I usually have cause to do transactions with people I don’t see or even know and I need to make payment for these transactions using internet banking. Imagine if there was no internet banking, I will need to go to the bank to make the transaction myself and that would have taken some of my time.
Internet banking also saves your time because you can do your transaction within minutes which is better than going to the bank as you might need to queue before entering the bank and also queue before doing your transaction.
I can remember there was a day I was on my way home and I saw something I have been waiting to buy, but I wasn’t on cash.
Sometimes life throws at us things we do not expect. For instance, it could be some losing his job, some getting heartbreak from a relationship, failing in business or even have health challenges. So we will be looking at how to receive healing when life hurts you.
Emotional pains don’t just leave immediately, they take a while before going and for some people the period might be so long.
But you can actually do your best to manage the pain and make it work for your own good. That’s what we will be discussing in this post.
It is important we discuss this because a lot of people carry life’s hurt for every long period without them knowing and this affects the way they respond to life in general.
For instance someone who has been heartbroken before might find it hard to trust again.
Let us look at some steps on how we can get healing while we are hurt.
There are some things we need to do daily to live a successful life. Habits are not things that can be formed in a day, they are thing that are formed or developed over some period of time because some actions are being repeated.
As humans we develop both good and bad habit but most times it is easier to develop bad habit because they are easy actions we can easily repeat without adding much value to us. Watching TV all day can be a bad habit, being on social media all day can be a bad habit and these habits are easy to develop.
Reading can be a good habit, exercising can be a good habit but such habits are not easy to develop. It takes a a lot of discipline and diligence to develop these good habits.
In this post, I will be showing you some good habits that can help you succeed in life.
A lot of times, we have dreams that excite and inspires us to take actions. The dreams might be in different areas of our lives, for instance, some people have a dream of having a perfect body while some people could have a dream of traveling around the world and they get motivated at the early stage but they get tired as time goes on.
This happens to a lot of people, you see them motivated at a point in time and later on you will notice that the zeal and inspiration starts dwindling possibly because they are still far away from achieving their dreams, so they just give up.
If you are in a situation like that, I will be showing you the easy away to stay focused till you achieve your dreams. Make sure you read this post till the end and I’m sure it will change your orientation about issues like this.
The secret to staying focused till you achieve your dreams is being consistent at whatever you do and in this post I will be showing you some things you didn’t know about being consistent.
Being able to good decision is one of the qualities of a good leader. I do not think you will see any good leader who isn’t a good decision maker. Every good leader needs to be able to make timely and effective decision because they are leading other people and will make decisions that affect those people’s lives.
Being indecisive is a weakness and shows sign of poor leadership. Being indecisive is bad because it doesn’t just affect you alone; it also affects your follows and people around you.
You need to be able to make timely and effective decision as leader. The best leaders in the world have the quality of making timely and effective decision.