Dr. Onyishi told VTv that business growth is chronologically hence there is the need for entrepreneurs to start small and grow as they learn more about the business environment. Using his successful transportation business as a reference, Dr Onyishi said one of the biggest challenges for businesses is bribery which does not incentivize hard work. Despite the challenges, Dr Onyishi, who was once a bus conductor, said Nigeria remains a place of opportunities for entrepreneurs. Dr. Onyishi said people must value education whether formal or informal and know their numbers, about bookkeeping, income, profit, loss and capital. Operations of Peace Transit was disrupted by the outbreak of the pandemic and a ban on interstate travels, nonetheless, Dr. Onyishi said he has investments he can comfortably rely on, a lesson for budding entrepreneurs.

Source: The Guardian June 01, 2020 17:26 UTC