What Type Of Business Should You Be Doing

The gentleman walked into my office that thursday morning smiling broadly as if he had just received news of a million dollar inheritance coming to him

"Hello, mr. Mustapha, how are you?"
"I'm fine Sir,I replied warmly shaking the well manicured hand he offered: "How's the family and your business?"

"Well, the family is still eating my eva but it is the business I'm here to discuss with you" he responded. "I attended your expo in december where I did the secret of online millonaire techniques and the making money with google adsense seminar, but i don't know which of the two business i should commit my money into".

Although the man's face looked familiar, i did not instantly recognise him when he first entered my office. But when my visitor mentioned the business expo, i instantly remembered the avancular gentleman who engaged me in a long discussion at the expo venue in december , 2005 seeking my advice on what business opportunity expo seminar he should attend . He had revealed to me that he has two landed properties in Lagos which he developed while he was in paid employment but sice his retirement, he has been condering selling off one of the properties to augment his retirement benefit. It is his view that any business worth doing at all shoul be done with a reasonable capability and capital which his retirement benefit combined with he proceed from from the sale of his properties would provide.

As I usually advise people who have asked me similar questions in the past, I told my cheerful visitor that one should pose the following question to him or herself before deciding on what line of business he or she want to go into:

• What do i enjoy doing most?
• What kind of skill or training do i posses?
• What amount of money (or assets) do i have or can i raise to put into the business?

Now, I know there will always be a need to do some research or feasibility study before embarking on any business venture but this aspect can be handled by the experts working on the information provided by the business promoters.But the three questions posed above are personal question that the promoter must honestly answer before he or she even thinks of approaching the experts.