1. Lack of capital:
There are thousands of Nigerians with wonderful ideas that could be turned into a real business. However, most of them lack the capital to push their ideas into reality. The lack of capital is the number one reason why the development of entrepreneurship has not improved over the years.
I would like to consider myself an Entrepreneur and Due to the lack or little entrepreneurial orientation in young and emerging entrepreneurs, the organizers of THE ENTREPRENEURSHIP AND EMPOWERMENT INITIATIVE OF NIGERIA SUMMIT (TEEINS) came up with a concept to assist and identify young and emerging entrepreneurs while bringing them under a single umbrella in order to enlighten and empower them through seminars, conferences, incubation hubs, mentorship etc. in partnership with supportive financial and sponsoring organizations.with shared common value proposition that entrepreneurship is no doubt a panacea to solving Nigeria economic woes.
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Before we move forward to read about Bola Adeboye & [Teein] The Entrepreneur & empowerment initiative of Nigeria and how they plan to tackle the common Problems affecting entrepreneurship development
See common Problems affecting entrepreneurship development in Nigeria