We all want to own our own business some day, but most of us do not know how to do so. Most people copy other people’s business ideas because they have succeeded in it and they are making money. This is the reason why when you walk into major Nigerian markets, you see several people doing the same type of business, thereby increasing the competition. When the supply of a certain product exceeds its demand in the market, it causes a lot of problems to those who supply these products. Some of them might not be able to withstand the competition and their businesses die off. That is why five out of every ten businesses die after five years. Do you want to have a business that does not suffer the same fate as these businesses? Then you need to generate your own business idea.

biz idea 1

First and foremost, you need to change your negative mindset to a positive one. You need to forget about your present situation and think positively. You cannot provide solutions to your problems if you have the same mindset while the problem exists. You need to think creatively and positively. How then do you become a creative thinker? You can do this by thinking about creative ways to solve a problem. Do you remember when you encountered a problem in your family, school or office? Remember how you provided a solution to that problem? Remember the thought you had before you created the solution to that problem? That thought you had is what we call creative thinking. It simply means the process or way we provide solutions to the problems we encounter in life. Successful people around the world have used their creative thinking skills to build business empires. I know you definitely want to own the next big business.

When you have developed your positive mindset, you need to search for opportunities around you. You can find opportunities in things that bother you, things that bother others or stop people from doing what they want, when they want and the price they want. You can also find opportunities in new advances in science and technology or problems that need to be solved.

biz idea 2

If you discover a need or problem in your life, other people’s lives, your community or society and create a solution to this problem, you have created a unique business opportunity for yourself. What then is a need? A need is a condition or situation in which something must be supplied in order for a certain condition to be maintained or a desired state to be achieved. So when you must have discovered your need or other people’s needs, you must, as an entrepreneur, supply the solution or answer to that need or problem.

For you to discover these needs, you need to follow the following steps to do so.


Firstly, discover those things that bother you. Identify your passions; those things that you spend time doing. List out the two top passions you have. Write down all of the steps associated with each activity in your passion you have just listed. Ask yourself, what you find most annoying or frustrating about each step. This will help you in identifying problems or needs associated with each step. Find solutions to each problem. Each problem and solution is actually a customer need that forms the foundation of a new business idea.


Take a whole day looking for problems. Look at all the products and services around you as you walk around your home, school or community. Write down the name of each product or service in a column. Ask yourself what you find annoying or frustrating about that product or service?  You will identify problems with each product or service or features and attributes you simply cannot find but wish you could. Each problem you identify is a customer need and business idea.


Do you still have a job? If you still do or if you do not, list the primary products or services sold by this company or any key processes practiced within the company. As you look at each product, service, or process, try to find out what the customers or employees did not like about the product, service, or process. This will help you in identifying problems associated with each product or service. Determine what you could do to provide solutions to each problem. Remember that each of these problems and solutions are actually customer needs and business ideas.


There are lots of new business ideas coming up all over the world. Spend a day or two searching the internet or watch cable network news TV channels to find stories of entrepreneurs who started interesting businesses that are located in other countries. As you read their stories, ask yourself these questions; what is the primary need that this company intends to fill? Would people in your country have a similar need for this type of business and could you introduce something similar? If the answers are positive, then document the business concept you have discovered. After that, determine how you can improve on each business idea.

biz idea 3


After you must have generated new business ideas from the above mentioned steps, you will need to screen each of them because only one or two of them have real opportunities. Superior business ideas that have the potential to become opportunities should be able to create or add significant value to a customer life. They are able to do so by solving an important problem or meeting a significant want or need, for which someone is willing to pay for it. They (business idea) therefore have a robust market, profit margin and money making opportunities.

After you must have generated your business idea you need to carry out a marketing research to find people who need your product and services.





Nigeria will go to the polls on 14th February 2015. Already our clueless political leadership have already polarized the nation. Well meaning Nigerians are already scared that if this elections are not well handled, we might enter a conflict far worse than we last experienced during the civil war and the post June 12, 1993 crisis. The elections must hold and the winner or winners must take over. I just hope that the tribe were the looser comes from won’t take matters into their own hands, even though the north through boko haram has done so for the past several years.

My take on this elections is simple, we need to #Banpartypoliticsinnigeria as soon as possible. We need to get rid of these unfortunate political party affiliations in Nigeria. The people in these parties are only interested in their own selfish interests. They will not provide solutions to our problems and I swear, they are all having a good time watching us fight each other, while they make their plans on how to manage the scenario of losing the elections.

Buhari and Tinubu

Buhari and Tinubu

The APC was a party that I had hoped would deliver Nigerians from this “feast of the locusts” the PDP has placed us into. But alas, that is not to be. PDP governors who drifted to that party, have messed things up. Bola Ahmed Tinubu is always a determining factor in the APC and I don’t think things would work out for Nigerians if that party and Tinubu comes into power. Tinubu is a selfish and corrupt individual and who thinks he is the re-incarnation of Awolowo, that he thinks he can defend and propagate the yoruba agenda in Nigeria. All what Tinubu wants is the  power and if anything should happen to Buhari, Tinubu will ensure that a yoruba man replaces him and they (yorubas) would stay there for another 8 years. This is unacceptable to Nigerians. But this is their plan. Why place a yoruba as the vice presidential candidate of the APC? The president comes from the Niger Delta and didn’t Tinubu find it wise to select the vice presidential candidate from that region? The argument that the yorubas or the south west make up the majority of that party holds no ground to me.

The APC also stated that they would provide free medical health care for Nigerians. What we need is subsidized quality health care services through the health insurance scheme. My late mum died in the Lagos State Teaching Hospital in 2011 and the Lagos State government led by the APC have been offering free medical services fro Lagosians. My mum was at the point of death but the medical staff were reluctant to try to assist us in resuscitating her. And she died. We took her to the emergency ward but they didn’t do their job. The doctor was more interested in protecting  his job. Is that the level of professionalism they intend to introduce to the Nigerian health care system by offering Nigerians free medical health care that is unrealizable? Governor Fashola even sacked lagos doctors because they went on strike, remember.

The Lagos APC led government also has turned Lagos youths into touts by allowing these lagos youths join the NURTW, to collect money on lagos roads. So the best way the APC government would create jobs is to turn Nigerian youths into touts. The APC will never provide opportunities for the youths because in all the state they rule, they have turned the Nigerian youth to beggars. My problem is that, they enacted a law created LASTMA but this same organisation has not solved the problem on our roads but are more interested in revenue collection day in, day out. Yet we have long traffic jams that last for hours on Nigerian roads. These NURTW people collect huge sums of money from transporters everyday and yet, we don’t know what they use the money to do everyday. We know that these monies are transported to Bourdillon, Ikoyi and not Government house in Alausa, Ikeja. Lagosians are being taxed everyday and yet the Lagos government can’t show us what they use the money to do. Pipe borne water is a fallacy in lagos. Are they waiting for GEJ to provide that for them? Most of the roads they have built have started deteriorating and it has been less than four years they built it. Yes Fashola might have done well, but his best is not good enough.

President Goodluck Jonathan

President Goodluck Jonathan

The PDP under Goodluck Jonathan hasn’t done well either. He allowed his ministers to have so much powers that they have taken this country for a ride. His ministers are corrupt and arrogant. The worst of them all is the petroleum minister. These people are not elected people and I don’t understand the reason why they should be given such powers. Also, the way GEJ handled the insurgency crisis in the north has been poor. He is a knee jerk president. After declaring a state of emergency, he ought to have replaced the sitting governors and other elected individuals with military administrators. I don’t know if that would have stopped the insurgency but that is the way it has been done even when Tafawa Balewa first declared such an emergency in Nigeria. I don’t think GEJ has handled our economy well. Forget about the GDP rebasing. It doesn’t mean anything to the common Nigerian in the street as long as he can’t have three square meals a day, shelter, good paying job or earning income and security. The best way is to engage in speedy and aggressive infrastructural development all across the nation. GEJ has done well in some areas. We have some good roads. He has also rebuilt our dead railway industry. How I wish he could have handled the issue of corruption then I won’t be confused on who to vote for.

My take on all of this is that, I would have voted for Buhari if he had no links with Tinubu. We must never allow Tinubu to get his hands on the big cake or else Nigerians will be doomed forever. GEJ to me might deserve a second term but the arrogant way his ministers have handled his administration doesn’t encourage us to give him FOUR MORE YEARS! He must prosecute them if he wins the election. We must ban party politics in Nigeria and allow everybody who thinks he can be a better president to contest for elections and allow Nigerian elect those they want to elected offices. This would enable people like Tinubu never to have that chance to select people and force them on Nigerians and Lagosians to vote for. Support #Banpartypoliticsinnigeria.






Are you an Arsenal fan? Remember Martin Keown? A member of the invisibles Arsenal team of the 2003/2004 season? He is now a MATCH OF THE DAY pundit with the BBC. See his expert views on why Arsene Wenger and Arsenal don’t need a new midfielder.

Oh congratulations Arsenal fans, we had our first high scoring win in the current 2014/2015 season. I think we are on our way of claiming fourth place again and I hope Southampton capitulates soon.

Read more here: http://www.bbc.com/sport/0/football/31079429

Coquelin made his first Premier League start since January 2013 when he played in Arsenal's 2-1 win over West Ham at the end of December

Coquelin made his first Premier League start since January 2013 when he played in Arsenal’s 2-1 win over West Ham at the end of December