Brief history of entrepreneur in nigeria
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The Early Stage
Entrepreneurship started when people produced more products than they needed, as such, they had to exchange these surpluses. For instance, if a blacksmith produced more hoes than he needed, he exchanges the surplus he had with what he had not but needed; maybe he needed some yams or goat etc. he would look for someone who needed his products to exchange with. By this way, producers came to realize that they can concentrate in their areas of production to produce more and then exchange with what they needed.
So through this exchange of products, entrepreneurship started. A typical Nigerian entrepreneur is a self made man who might be said to have strong will to succeed, he might engage the services of others like; friends, mates, in-laws etc. to help him in his work or production. Through this way, Nigerians in the olden days were engaged in entrepreneurship. Early entrepreneurship is characterized with production or manufacturing in which case the pr
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History of Entrepreneurship in Nigeria Biz File
History of Entrepreneurship in Nigeria Biz en samling dokument eller en elektronisk lagring av data | månad 15, 2012 By Nnamdi Ebo | 15.12.12 | Political forskare | Author | Social commentator | THISDAY Contributor | Scholar in Legal literature & Politics | Online Publisher | Business writer. Tradition is an inherited pattern of thought or action. It refers to a specific practice of long standing. It is also an established custom or tradition – a anpassad that for a long time has been an important feature of some cultural … group, tribe, ethnic group, society, nation etc. Traditional means: when a practice consists of a method or procedure and this is derived from tradition. This brings us to traditional business idea, (idea being the content of cognition) and thought process which flows from customary ideas steeped in the previous way or method of doing something; doing business in the traditional way. Before the advent of the vit man in the mangrove forests and woodlands of
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History of Entrepreneur
History of Entrepreneur
ABDU GUSAU POLYTECHNIC TALATA
MAFARA ZAMFARA STATE
HNDII MASS COMMUNICATION
(EVENING)
ASSIGNMENT
ON
ENTREPRENEURSHIP DEVELOPMENT
(EED 413)
BY
MUSA AINO
2001933016
QUESTION
Discuss briefly the origin of entrepreneurship in Nigeria?
TO BE SUBMITTED TO MALLAM: ABDULMUJIB JELANI
INTRODUCTION/BODY
WHAT IS ENTREPRENEURSHIP?
Entrepreneurship simply means when an individual who is business minded, seeks to
provide or design or bring into existence an uncommon or a common but very unique
product into the market economy in other to sell and make a profit off it.
Entrepreneurship also has to do with the deliberate launching of a small scale business
with the interest to grow it up and make it a larger scale business that would one day
run the economy of the market.
This is regarded solely as the foundation on which the market economy of a country is
built on, and it is known also as a highly risky business that involves the use of trust
gained