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Aderonke Enoabasi Shares Things Many Instagram Business Owners Won’t Tell You About Starting And Running an Online Business

   

Fashion entrepreneur, Aderonke Enoabasi, during an Instagram question and answer session talked about the things to know before starting and running an online business.

Many times, we tend to think that doing business on social media is quite easy but Ronke disagrees, noting that doing business on social media is no different from doing business offline.

Below are the three things to note before you start an online business

Funding

We all know funding is one of the major challenges an entrepreneur will face once you have an idea. By the grace of God, I didn’t borrow, I didn’t prostitute , but I will say I am favored to have a mother who is willing to take loan on my behalf to start my business and a partner (BOY FRIEND) who also supported my idea of running a fashion company!

A lot of people wouldn’t want to admit where they got money from, reason best known to them. It is those two people God used to bless me.

SEE ALSO: 6 Naija Women Tell Us Their Instagram Fraud Stories And How To Identify A Fake Business Page

Do your findings

Before you get money from anyone or even borrow for any project make sure you do your findings. 50 percent of IG business owners will lie to you or act like business is a GET RICH QUICK SCHEME.

Find someone who will genuinely tell you their challenges and how they overcame it. The days of low sales, what did they do? How many pieces do they produce? Ask for numbers, for statistics, it’s important.

In business, person no dey know finish. Nobody is a genius I tell you. But it’s pertinent to be acquainted with other people’s struggle for knowledge. Although you will also experience your own demons but when you know some certain things, little mistakes will be avoided!

Before, I used to say follow your passion but even passion isn’t strong enough when the storm hit you. Sometimes, it takes more than passion for you to sustain your business!

SEE ALSO: “If You Are So Attached To Your Business That When You Are Not There It Cannot Run Then, You Are Not Running A Business”- Pastor Tinu Smith Shares Steps To Help You Excel In Business

Be sure about your business

Before you start selling anything, please be very clear about it. Be sure there is a demand for that product, or go to a place where there is a demand for it and supply. Not only that, don’t venture into a business because it is popular or because you see people dancing on the GRAM! So it seems easy!

Be very clear about your purpose because when things get tough you will always have to reflect back on why you started and then get it together again. So if your reason isn’t genuine you may fail.

View this post on Instagram

Just finished my Question and answer session from the Dm and this question is one of my MAJOR HIGHLIGHTS, as usual I said my TRUTH. We all know Funding is one of d major challenges an entrepreneur will face, once u have an idea! By the grace of God I didn’t borrow, I didn’t prostitute , but I will say I am favored to have a mother who is willing to take loan on my behalf to start my business and a partner ( BOY FRIEND) who also supported my idea of running a fashion company! A lot of people who wouldn’t want to admit where they got money from reason best known To them, I’m not a lot of people I’m ADERONKE And it is those two people God use to bless me, but I will advice you , before you get money from anyone or even borrow for any project make sure u do ur findings , 50 percent of IG business owners will lie to you, or act like business is a GET RICH QUICK SCHEME , find someone who will genuinely tell you their challenges and how they overcame it, the days of low sales, what did they do? How many pieces do they produce, ask for numbers, for statistics, it’s important. in business person no Dey know Finish , Nobody is a genius I tell you , but it’s pertinent to be acquainted with other people’s struggle, for knowledge, although u will also experience ur own demons but when you know some certain things , little mistakes will be avoided! Before I use to say follow ur passion, 😂😂 even passion isn’t strong enough when the storm hit u sometimes, it’s takes more than passion for you to sustain ur business! ONE ADVICE, before u start selling anything pls be very clear about it, be sure there is a demand for that product, or go to a place where there is a demand for it and supply, not only that ,don’t venture into a business because it is popular or or because you see people dancing on the GRAM! So it seem easy! Be very clear about ur purpose cos when things get tough u will always have to reflect back on why u started and then get it together again. So if ur reason isn’t genuine u may fail.” Errrmm this will be all for Now , this days due to old age I’m learning not say too much…. even if I have already…… but it’s either I speak my truth or not speak at all! ❤️

A post shared by ADERONKE•ENOABASI•ADEFALUJO (@therealrhonkefella) on

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