Profit Maximization: Strategies To Make Your Business More Profitable

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six sections business diagram

Continuing our discussion on cracking the profitability code, in this unusual article, I will be sharing some very simple tips you can immediately put to use in your business to increase profitability. It doesn't matter whether you are a small startup or an international corporation; every business is looking to grow its profits. So when it comes to increasing your profitability in business, after considering both the universal laws of profitability and the peculiar elements of profitability, there are two simple options open to you; 1.  Increase Revenue [sell more]: There are … [Read more...]

The Profitability Code: How To Unlock The Profit Potentials Of Your Business

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Roll of money and plant

I am yet to come across any entrepreneur who seems to have had enough when it comes to making money through their business. Especially if you are an unusual entrepreneur [purpose-driven], you realize that the more money you make, the more purpose you can fulfill. So, making money in business is not a luxury only a few should enjoy, but a necessity for every unusual entrepreneur. But wanting more money in your business is not enough. The real questions is; “how do you make that ‘want’ a reality?” To answer this question has been the age long quest of every entrepreneur, business … [Read more...]

The Anatomy Of Employment: Why Becoming Your Own Boss Is The Smartest Decision Of Your Life!

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What are you working for, a job or a business?

Lately, I have been observing the search queries [keywords] used by people to get to naijapreneur! One of the top phrases used by searchers to get to this site is this; “why become an entrepreneur?” or “why should one become an entrepreneur?”   This is an obvious indication that there are a lot of folks out there who are in search of valid reasons for becoming an entrepreneur. Luckily for them, I have written on this issue on naijapreneur precisely these two unusual articles;   Why did you become an entrepreneur? 9 ways how NOT to start a … [Read more...]

The Origin Of Profits: An Unusual Strategy For Increasing Profitability

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What is the Origin Of Profits?

After all is said and done, profit is essential to a business’ survival as air is essential to life. But how does one make profits? Or put another way, where the heck does profit come from?   Proffering an answer to these questions is the essence of this unusual article. This article has been overdue, I’m glad I finally wrote it, thanks to Sonia Simone’s article about Profitable Idealism that sparked up the inspiration.   Question: What Is The Origin Of Profits? I have always believed that there’s more to profits than just chasing money. Dr. Stephen R. Covey … [Read more...]

Why CREDIBILITY Comes Before PROFITABILITY

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How does credibility drive profitability?

I know you want to make profits. I also know that you want lots of it. I have come to tell you that there’s absolutely nothing wrong with this, except for one minor often neglected fact, which is, “what is the origin of profits?”   In my little experience in the world of business, going to 5 years now, I have discovered one truth and have often made it the guiding principle behind most of my business actions and decisions.   That truth is this; “building credibility comes before profitability”. In the lay man terms, here’s what I mean; “seeing is … [Read more...]