Accelerator contest week 66: my dream business
Are you business-inclined? Tell us about your type of business
Very well, I am business inclined person and I will definitely have my own business in it due time by the grace of God. The type of business I want to venture into is a car business that is a car dealer. Currently I am working with my father so as to learn new things about how to run a successful business. Car business is very profitable business and requires a lot of capital not only that but patience is needed as well.
Do you think only money can make a successful business,or are they other necessary things that make a business successful?
In this line of business money is essential but money is not everything and it cannot make a successful business. There are situations in which you have millions but you cannot utilize it wisely. Proper utilization of assets is needed to have a successful business, know your purpose, strategy and also have experience about the business. You cannot give what you don't have so this implies that having proper knowledge about the business makes it more successful too. Good communication skills is also very vital between your customers and your employees, and having a good business partner is also a key to a successful business.
Give us a rough estimate of your dream business. You can convert into steem.
Going into a car business needs and require a lot of money with the exchange rate an increase in custom duty and so on the rough estimate is about 100 million naira,20 million naira for a good and big space then 80 million naira for cars that comprise of buying and clearing of the vehicles.
Would you prefer to run your dream business online or offline?
Well I would prefer to run my business both online and offline both of them are profitable card business really need online advertising at times when I enter my lecturers office I do tell them prof my father sales car in case you need one so this are the offline avenue of advertising my father's business. Online is also recommendable because you tend to advertise him through social media and those and so on while offline you tell people who you meet on a regular basis about your business.
What makes you believe in your dream business (what is your inspiration)
Basically I would love to continue and if possible make it a family business by the grace of God I am inspired by what my father has achieved starting from a media amount to raising millions as capital. Learning from him as inspired to live up to his legacy by the special grace of God invest wisely and know the needs of my customers at a particular time then there is bound to be success in my business.
I would love to invite @iddy, @nsijoro and @khayjhay to join in this contest.
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