Professional Documents
Culture Documents
HIGHLIGHTS
Introduction The Big Question Clarification of Terms Our Glorious Past Evolving characteristics of an entrepreneur Business Failure and Nigeria Experience Causes and Symptoms of Business Failure Tips for running a successful business Conclusion
INTRODUCTION
The control of every nation is premised on three (3) things: Political Power, Military Power and Economic Power. Any one, group of people or tribe that control any of these determines the direction of the nation. Pathetically Muslims are as group are not in the scheme of things.
CLARIFICATION OF TERMS
Business is any legal venture, activities that is undertaken for the purpose of making profit. An entrepreneur is the person who perceives the market opportunity and then has the motivation, drive and ability to mobilize resources to meet it (DiMasi, 2010). An entrepreneur is a person who has possession of a new enterprise, venture or idea and assumes significant accountability for the inherent risks and the outcome (Wikipedia, 2010).
All the prophets of Allah(swt) were shepherd. Rasul(saw) was also a Merchant,had a boss, was trust worthy, successful in business and had a business mentor The companions, Abubakr, Umar, Abdrahman ibn Awf etc. Our forerunners were successful business mogul and this never affect their deen. Fiqh of the trade ( case of Umar).
Imitation
Risk
Bearing Dynamism Focus Financial Literacy Customer-centric Good Human Relation Result Oriented Self Confidence Tolerance
CONCLUSION
In conclusion, in order to run our business effectively, we should the ready and willing to do the following four (4): Seeing what our competitors have not seen. Thinking what they are yet to think Doing what they dont do yet Praying more than they do.