Sunday 30 December 2012

5 WAYS TO MAKE MONEY ONLINE - PART 2

6. Transcribe audio files.

An easy job; doesn’t pay well, but also a quick way to make some money. Sign up on eLance or oDesk to start, and/or advertise your services in entrepreneur forums. Requires good hearing and a good command of the English language. You may also want to invest in a foot pedal if you plan to transcribe often. Make sure you know how to transcribe interviews before you start your first job.
7. Become a virtual assistant (VA).

There are entire books written on how to become a virtual assistant, so this job is definitely worthy of more research. My advice: Focus on one niche (I just hired Lisa Morosky of VA for Bloggers, for instance.) Also, reach out to potential customers directly and let them know what you can do for them instead of hitting up freelance web sites. Finally, you may want to consider resources such as AssistU, which provides training for up-and-coming virtual assistants.
8. Write articles on eHow.com.

If you understand the basics of keyword research, you can make a good monthly income from eHow. eHow pays you a percentage of the ad revenue they make from each “How to” article you create. You can crank out a few articles a day with relative ease. Try this for a month; assuming your article titles match up with what people are searching for in Google, you can make a significant income. The great news is that you write your articles once and get paid month after month. I’ve seen figures of $100-$150/month for 30 articles. Make money writing for eHow.com.
9. Do some videos to promote affiliate products.

Enjoy making silly videos? Even short, silly videos can sell products online. Find an product worth promoting that has an affiliate program, then target your video toward potential customers of that product. In your video summary on YouTube, place your affiliate link for the product, and after the video, do a 30-second still frame showing a short URL where people can buy the product. If your video is funny, informative, or useful, you may sell some products. Big tip: Try to promote a product that makes you a fair amount of money for each sale, but doesn’t cost a whole lot for the potential customer. You can find products on Commission Junction, for one.
10. Write an ebook targeted to people who need help.

Alexis Dawes created a product called “Desperate Buyers Only”. I interview her for an upcoming case study on Inspiring Innovators, where she mentions that she is able to make up to $97 from ebooks as small as 12 pages. The key? Finding people who are incredibly desperate for the information you provide and then doing good research to find a real solution to their problems. The result? Happy customers whose problem is solved, and money for you — a win-win situation! Caveat: It may be tough to find a real desperate buyer niche (Alexis reveals some in her case study). Here are some hints: When were you last in a situation where information would have either saved you a lot of money or a lot of pain? Has someone else close to you been in a situation where they could have used information to avert pain? Think legal, medical, and financial niches.

Saturday 29 December 2012

5 ways to make money online - Part 1

1. Amazon’s Mechanical Turk.

Mechanical Turk is a great way to make some extra cash. You probably won’t make much more than a few dollars an hour, but it’s also dead simple to complete many of the tasks. Most tasks take less than a minute to complete and pay a few pennies. If you do a lot of MTurk, it could add up to at least some fun spending money. Sign up for free, then complete qualifications to earn access to higher-paying tasks.

2. Sell stock photos.

iStockPhoto is just one site that allows you to sell stock photos; there are others. Before you decide to go crazy and upload your whole album, take note of what’s selling well and try your hand at doing something similar. iStockPhoto also works for those who know how to render images; some of their most popular images were created on a computer! Have three killer stock photos ready for iStockPhoto’s inspection; they will want them when you sign up.

3. Sell stuff on eBay.

Start by selling your own extra stuff. Then, once you get a feel for selling your extra stuff, go door-to-door in nicer neighborhoods in your town. Develop an eye for what will sell and what won’t (old laptops, for instance, could be a gold mine–if you know how to format them to get rid of the previous owner’s personal data.) Sign a contract where you take 25-30% (or more) of the gross sale. Your customers will be happy to get cash for their old junk, and you’ll make some good money selling other people’s stuff. eBay

4. Become a freelance article writer.

It may not pay well, but there is a growing demand for this. Write 200-300 word articles and submit them to article directories. Potential clients include bloggers, marketers, and small businesses. You can write articles in a niche in batches and sell them as a package to one or more clients, or you can offer your services for hire per word or article and let your client give you direction. A foundation of keyword research is important to succeed at this job (unless you’re just taking direction from a client), but keyword research is learnable.

5. Write articles for magazines or other publications.

If you have a background in journalism, or just a passion for it, you can try your hand at submitting articles to publications. Don’t just randomly fire off articles, however; have a plan and, preferably, a contact at the publication you wish to submit to. The good news is that there are publications in pretty much any niche you can think of. To see some publications that are hiring, visit Online Writing Jobs, PoeWar Freelance Jobs, and Writing.com.

Friday 28 December 2012

ASK NOT WHAT YOUR COUNTRY CAN DO FOR YOU



    It has been a popular saying over the years to “ask not what your country can do for you”. If we come to think of it, what really can Nigeria do for you? Provide you with electricity, good roads, pipe-borne water, and maximally, a good job with adequate security. The golden question is, I sour own Nigeria doing these for us? Maybe the nation’s failure to provide all of these for her citizens is owed to bad leadership, over-population or what have you, I really will not get into. Whatever the reason, it is happening and that is what matters.
    The truth that I owe you, is that our nation is fast going under the control of capitalists. The golden question here is, who are capitalists? The quickest response is, capitalists are people who have much of their money and interests tied to business concerns. People like Dangote, Otedola, Adenuga, Ovia, Elumelu etc. They now control the economy from communication to oil and gas to banking and recently to power. Somebody will say it is unfair to have all the nation’s wealth being controlled by a few business people, what I say is, these people never asked what their country can do for them. Instead, they asked, how can my country serve me?
    Every morning you wake up, ask yourself, how can I make my country serve me? When you have a regular job, you are called a ‘civil servant’ meaning you serve government. If you are employed in a private firm, your entire life’s service is spent in enriching the owner of the company, so you are some sort of servant too. But, to be really free, to be really a leader, to be really successful, you must find a way of making the nation serve you. Today, there is no disputing the fact that Nigeria is serving Dangote and his likes because they control virtually everything that holds the base of the Nigerian economy.
    Somebody will ask, can every Nigerian be this free? Can the nation serve all of us? The quickest and most appropriate answer is NO. Just like a billboard inscription in my home town once read, “Only the deep can call to the deep”. Only those who can find it in their hearts to forge a path for themselves can truly make the nation serve them. My expectations thus are that only a few people reading this text will locate that inward desire in them to be a leader of people and make the nation, our nation serve them.
    Zig Ziglar once said, “Success is the maximum utilization of the ability that you have”.If most employees will be sincere, the jobs they are at does not afford them the full utilization of their abilities. In a government job, you are either being over-paid and under-utilized or under-paid and over-utilized. In either way, the joy of satisfaction that comes from fully expressing one’s abilities is absent. This is not the definition of success, this is the definition of a cage.
JOB SECURITY Vs. FINANCIAL FREEDOM
    What most job seekers really look for is job security. In this case, a paycheck is guaranteed at the end of the month. What capitalists, people whose aim is to have the nation serve them, look for is financial freedom. In this case, the opportunity to expand and contract their financial power at will, I mean their ability to use money as they wish without salary constraints. They can afford to vary what they do with money based on the income they are able to bring in by the effective and maximum utilization of their abilities. Their worth is not restricted to how much the employer pays them, it is boundless because they determine how much comes in by themselves.
    It is why Otedola can afford to buy a yacht and his top employees can not, the same reason why Dangote can afford to ride the best of cars running to millions of dollars and the highest paid of bank executives dare not do whatever is beyond their salary except they go into debt. It is the same reason why all these capitalists can afford to dabble into politics and sponsor a candidate. It is because they control their income, their success is a factor of their utilization of their abilities backed by God’s support and not dependence on what their nation can do for them.
    My message is simple and straight-to-the-point. Ask not what your country can do for you, ask what you can do with your abilities that will make you a force to reckon with and make your nation serve you. Get away from the cage of seeking job security and seek financial freedom, invest, do business, sell, just make sure you are about to make the nation serve you.
BOOK RECOMMENDATIONS
1. Think and Grow Rich - Napoleon Hill    2. Think Big - Ben Carson

Monday 6 August 2012

GUIDE TO MONEY-MAKING VIA IMPORTING FROM CHINA


1.         DECIDE WHAT YOU WANT TO SELL/IMPORT

The very first step to any serious means of making money is to decide what exactly you want to do to make that money. While one person will want to sell clothes on his way to money-making, the other person might want to sell shoes. It is the same with the game of importing, you as the intending importer must first decide what exactly you intend to import and sell in Nigeria to make money.
The reason why importing goods from overseas is quite profitable is that majority of the products being used by Nigerians are not produced here in Nigeria, thus when you purchase such products in the open market, you have helped the importer of such product make certain profit. For example, you still find that items as common as pencil are still being imported into the country this means that the actual price of it would not have been up to that #10 you buy it had it been it is being produced in Nigeria. It could be around #3 while the importer takes the other #7. Importing is that profitable!
This first tip requires that you decide what you believe you can sell given the nature of the environment in which you live. Your choice might also be affected by whether or not the product you intend to import is being produced in Nigeria. If it is, your imported goods might be a little more expensive than those produced here. When you have decided what you want to sell, find out the nature of the market for such goods. You ask the question, is there always a ready market for this product I am about to import? The market also goes a long way to affect your choice.

2.         VISIT ONLINE TRADING SITES TO CONFIRM PRODUCT DETAILS

  After deciding the product you intend to import taking into consideration the available market for such product(s), the next thing to do is to get the product details from online trading sites. These trading sites are links through manufacturers advertise their products to intending buyers. One of such trading sites is www.alibaba.com where you can obtain almost every product detail you need.
The truth remains that majority of the product being used in the world today are being manufactured in China. I do not know the exact reason for this, but I believe it is because China has cost-effective production techniques that helps lower the cost of the final product. It will surprise you to know that even most of the goods being imported into the country from western countries are being produced in China and the imported to those countries then re-imported to Nigeria explaining the reason why most goods imported from western countries are always quite expensive.
Having already understood the fact that China is the production hub for most goods, I find it easier for me to get the details of any product I intend to import not by directly browsing Alibaba, but going through the Google.com search engine. Let’s say I have decided to import erasers, I will simply go to www.google.com and enter ‘price of erasers in china’. Often, the topmost result the search will bring is a link to Alibaba.com and all you need do is click that link.
Alibaba will in turn bring you a list of eraser manufacturers in china i.e. erasers by different companies and in front of each type, there will be the price and something like MOQ, this actually means Minimum Order Quantity which is the least amount you can buy from that company. This information will help you determine the actual price of the product there in China and what it will amount to eventually adding cost of shipping and import duty.
Say the minimum order quantity is 1,000 packs, and the price per pack is $2.3, then the total amount you will pay for the goods to the manufacturer is $2,300, somewhere around #368,000. That gives you the price of the commodity and this is the basic information you need to decide if you will purchase the product. If you decide to purchase then, you go ahead and contact the manufacturer through a link that would have been provided in front of the product details to determine the cost of shipping and other factors like branding. By branding I mean the name the manufacturer will crest on the product for you. If you will be importing 1,000 packs of a product, the usual practice in China is to help you crest your own business name on it such that you sell under your own business name.

3.         RAISE THE REQUIRED CAPITAL + DUTY

          Having determined the cost of the goods payable to the manufacturer (cost + shipping), the next thing to do is raise the capital required. However, the total amount paid to the manufacturer guarantees that your goods will be sent from China but it does not guarantee that they will be delivered to you in Nigeria. You ask why is it so? The answer is simple, after you decide the product to order, you must confirm whether the product is not on the Import Prohibition List of the Nigerian Customs Service. The import prohibition list is a list of goods that are not allowed into the country. It means, if you import such products, they will be impounded at the port.
          So long your product is not on the prohibition list your goods will be released to you after the payment of a fee called the Custom Duty. The custom duty comprises an average of 12% import duty on the total cost of the goods, a surcharge of 7% on import duty and a valued-added tax of 5% on the total i.e. import duty + surcharge. I advise you visit the Nigerian Customs Service office to confirm the figure for the custom duty payable to them so you can get the exact figure, but what I gave above is about the estimate of it.
          Thus, let’s say the total cost of the product (price + shipping) is #400,000 (i.e. the company charges you a shipping cost of #32,000), then by the estimated duty figures above, you will pay an import duty of #48,000, a surcharge on import duty of #3,360 and value-added tax of #2,568. That should make a total custom duty of #53,928. Hence the total cost of your good that will get it to Lagos and clear it for you at the port is #453,928. Adding the cost of transportation of the goods from Lagos to your destination, say #60,000, the total cost of the goods becomes #513,928. This means that each pack of the product costs #513.928k. This figure will help you decide how much will be the selling price you will charge per pack. However, you should have calculated all these before ordering the product, infact it should be part of your buying decision as it will not be wise if the eventual cost is higher than products of its like in Nigeria (even though it is rarely so), remember, your main aim for importing is to sell cheaper products that will boost your sales.
         
4.         ORDER THE PRODUCT

          Having done all the calculations as shown above with sound information from the manufacturer and customs, and you have determined the cost per unit of the product upon delivery and found it profitable, you have then received a green light to order the product and pay your manufacturer by any means which you both agree on. You should not by any means order a product which you have not carefully calculated its cost implication upon delivery and the price advantage it will have over other existing products.


Money-Making Tips: Here you are!

Here on imoneynigeria.blogspot.com, the I-Buck resources team which I am proudly the C.E.O, shares with you, secrets to making and keeping money. These secrets, fondly called 'tips' by us, can be your door-way to exceeding wealth.
I humbly advise that you take our tips to heart and contact us for any contributions and enquiries.

Oderinu A.
C.E.O. I-buck Resources

Thursday 2 August 2012

5 TIPS TO HELP AVOID DISCOURAGEMENT IN ENTREPRENEURSHIP

Most entrepreneurs see funding as the greatest problem to their dream of becoming a fulfilled entrepreneur. I use to belong to this school of thought and infact, I formerly had this staunch belief that if only I could get money, then my entrepreneurial dreams will be fulfilled to maximum. In this article, I am going to share with you, five (5) basic factors that influence entrepreneurial success a little bit more than funding. These factors embedded in the five (5) tips I am going to give you, are somewhat more psychological in nature, but you should know that the basis of success for any enterprise is the psychological condition of the entrepreneur.

1.         TRY TO AVOID BORROWING FROM FAMILY
          This might sound to you somewhat strange, especially since one of the sources of business financing is from family and relatives. However, looking at the psychological trauma of attempting to borrow from family, it might outweigh the merits inherent in it.
          The first issue is, your entrepreneurial creams are most probably understandable to you alone, and other people might not share your view. Thus, a relative or family you are attempting to borrow from who does not share your view will definitely attempt to discourage from taking that leap of faith that your ideas require. You could avoid listening to outsiders who do not share your view, it is sometimes very difficult to avoid the psychological problems attached to your family member’s disapproval of your idea.
          Eventually, apart from not giving you the capital you require, a relative might have dampened your enthusiasm by his inability to see the bright side that you are seeing, maybe because he knew you from when you were little and finds it hard to believe you are capable of executing the plans you have. So, as a rule of thumb, try as much as possible to avoid borrowing from relatives and family except the person really BELIEVES in you and will approve of anything without saying pessimistic things.

2.         IGNORE THE FACTS AND DO YOUR BEST
            There are numerous entrepreneurial facts in the present day world. These facts ranges from the inability of nine (9) out of ten (10) businesses to survive after five (5) years which is a global fact, to the increasing difficulty in accessing credit facility for business start-up etc.
          If you intend to face the fact that 9 out of 10 businesses in the world fold up after 5 years, you would find no reason to continue on your quest to become a successful entrepreneur forgetting the truth that yours could be the 1 business that will survive out of the 10 in your area if only you put in your best. The fact that access to credit facility is fast becoming impossible for upcoming entrepreneurs can also make you forget your ideas, at least what is an idea with no capital.
          However factual the above information might sound, it also presents the fact that only 10% of businesses survive after 5 years. I tell you very sincerely that by giving your best to your idea, you could make that 10%. If the credit facility is not available as huge as you would want it, you could start small with that little that you have and grow with it learning on the job.

3.         YOU STAND A BETTER CHANCE WITH YOUR OWN MONEY
          The tips 1 and 2 above stress the fact that a lot of discouragement can spring from trying to borrow from your family and relatives, as well as believing the global facts. The basic tip that helps you avoid the pitfall as enumerated in 1 and 2 above is to utilize your own money to start.
          The first advantage of using your own money is that you will be fired up to work harder since you do not want your hard-earned capital to go to waste. The second advantage of using your own money is the fact that you are not placed under any unusual tension of re-payment that might frustrate your entrepreneurial ideologies. The last advantage of it is, since you are just starting up, it is highly likely that you can not afford a lot of money as your take-off capital, thus, you are forced to utilize the little capital available, making you start small and starting small then growing and learning on the job, is the ultimate lesson for an entrepreneur.

4.         AVOID JEALOUSY AND ENVY
          In your race to become successful as an entrepreneur, it is quite common to find other people in the same line of entrepreneurship doing better than you are. If you decide to sell clothes, you soon discover someone very close by doing extremely better than you in the sales of clothes. In this situation, the immediate human tendency is to start feeling jealous and envious. This will not do you any good, it will only discourage you from continuing.
          When you discover an entrepreneur doing better than you, there are only a few profitable options available to you. You either learn from the person, or concentrate on making your business successful without measuring the success of others. In entrepreneurship, jealousy and envy will only lead your business into the 90% failure group.

5.         DO NOT BITE MORE THAN YOU CAN CHEW
          It is true that you are a capable entrepreneur who knows his onions. But, I believe, that each human has a certain limit to his capability per time. This limit is often set by the enormity of our experiences. The capability of a 5 year old child, is not anywhere comparable to that of a 30 year old man so long he’s not an imbecile. So also, the capability of an entrepreneur who has been in the game for 30 years is higher than that of one who started yesterday. This limit is determined by their experiences.
          It would therefore amount to sheer madness for a fresh entrepreneur to attempt to start at the point where the 30 year old entrepreneur is, the result will be frustration, discouragement and will be catastrophic in nature. So, as an entrepreneur, you must seek to understand the limit of your capability at different points in time so that you may understand ideas that are currently beyond you and those you are capable of handling. I tell you, the brilliance of an entrepreneur is measured his ability to differentiate the ‘sensible’ from the ‘gamble’. Whereas a sensible venture will bring profit, a gamble will bring discouragement, bite only what you can chew.

For some more counsel, read my article on THE EXPECTATIONS OF A GRADUATING STUDENT AND WHAT THE NIGERIAN ECONOMY HAS IN STOCK FOR HER DISCIPLINE.

Tuesday 31 July 2012

THE EXPECTATIONS OF A GRADUATING STUDENT AND WHAT THE NIGERIAN ECONOMY HAS IN STOCK FOR HER DISCIPLINE




        Relying on the principles of division of labour  as enunciated in elementary economics, which stipulates that production process is to be divided into parts or stages, to be handled by different professionals, Nigerian graduates from various disciplines in this circumstance undoubtedly, will have high hopes while graduating. Specifically, he/she will expect that:
i.                   Jobs/employments must be waiting for him/her to take up since the various production processes are fashioned out for diverse professionals to man. Every discipline could therefore be accommodated within the production processes.
ii.                That there will be abundance of opportunities for self employment and development backed with cash/finances waiting for him/her, going by the oil wealth that we have discovered and been relying on since the early sixties.
        Whereas the Nigerian graduate’s expectations are as summarized in (i) and (ii) above, hinged on his/her perception of how the situation outside school should be, the current global realities present something different from what the ordinary belief of the Nigerian graduate would be. The current realities are as listed here-under:
i.                   The world has moved to the Information age where the success or otherwise of any citizen of a society depends on how deep and diverse his knowledge is of a variety of issues. In the world of today, the more a graduate knows, the higher the chances of his/her success in the enlarged society.
ii.                Vocational Skills are now the fast becoming lucrative ventures. We now live in a world where people make millions on just a simple skill as make-up. You can imagine how much Mrs. Tara Fela-Durotoye makes from her knowledge of make-up, quite a common skill amongst women you would say!
iii.              Emphasis has shifted from job-seeking to entrepreneurship, from work-for-pay to work-for-profit. As Bill Newman wrote in his book ‘The Road to Success’, “it is better to work 100 hours for yourself than work 40 hours for someone else”. It means the recent global reality is that of people working for themselves and for nobody else – self employment.
iv.              It is now economically unwise for the government of any country to employ all her graduates and school leavers. This fact is premised on the fact that government relies on Internally Generated Revenue to continue discharging its functions. However, this IGR is raised from taxes paid by corporate bodies, import duty, foreign exchange etc. We could say, the cause of the recent global economic crisis was basically over-burdening of governments. America had Social Security and a lot of other responsibilities to her citizens and this resulted in a geometric increase in the country’s debts. You ask me why? The country’s IGR could simply not withstand her burden. Thus, all nations of the world are currently encouraging their citizens to look the way of investment and entrepreneurship so that government can earn more from taxes paid payable by such establishments.
        Based on the aforementioned global realities, the Nigerian economy has in stock for graduating students, things different from the graduates’ original and ‘ideal’ expectations. These are:
i.                   That graduating students will abhor career immobility and swing into a state of career mobility which elementary economics describe as ‘occupational mobility’. This concept preaches inevitable need for every individual to be broad-based in skill acquisition rather than confine self to a single profession. This means, the success of a graduating student in the Nigerian economy will require more than the knowledge of his course of study alone. In the event that he/she can not secure employment in his/her area of specialization, he/she will become unemployable in other areas of the economy if his/her course of study is the knowledge he/she carries. Aside that, all establishments (government and private), now require ‘utility staff’ i.e. an employee that can be effective even in other areas aside the area to which he was employed.
ii.                The Nigerian Economy has in stock for a graduating student – CONDUCIVE ATMOSPHERE FOR INVESTMENT which is the global phenomenon. Governments at the three tiers are focused on provision of conducive atmosphere for investment, self employment and job creation for others. This is in a bid to ensure the employment of her teeming graduates while simultaneously increasing revenue for the government. Thus, they are wooing foreign investors and sensitizing their to engage in self employment and job creation, promising financial support or guaranteeing bank facilities/micro-credit loans.
iii.              The Nigerian Economy also has in stock for her graduates, OPPORTUNITY FOR SKILL TRAINING AND RE-TRAINING in all areas, to further equip young graduates for self employment and job creation. It is now expected that an individual with Higher Education Certificate could be equipped with skills in other fields of human endeavor within the shortest possible time and at lesser cost. This explains the huge presence of various training and professional organizations in the country, aiming at human capacity development for graduates.
iv.              That graduating students should only apply in hope for only few jobs that may become vacant in government rather than in unfailing expectation. The current economic situation is such that government is heavily relying on the citizens for its continued success and so, citizens can not so heavily rely on government. A testimony to this fact is the increasing presence of billboards reading “Please Pay your Tax” in every nook and cranny of the country. Sign posts to revenue offices are so conspicuous that even a blind man can see them, this simply because government relies more on the people than the people can rely on her.
v.                 The Nigerian Economy welcomes graduates into a field of practical as the principles required to succeed in the enlarged society are deeper than the theoretical lessons learnt in the institutions of learning. A graduate thus have to buckle up and integrate him/herself into the world of reality.

WHAT SHOULD GRADUATING STUDENTS DO?
1.                      Graduating Students must first conduct what is referred to in management as SWOT-Analysis (Strengths, Weaknesses, Opportunities and Threats). The Strengths of a graduating student are those skills and knowledge he has acquired that stands him out as someone the society needs. Weaknesses will include the shortcomings in his know-how, what and what he does not know as much as he should. Opportunities will include the chances available for him based on the strengths that he has and threats will include the chances he might lose by his inability to master certain skills and overcome his weaknesses. The SWOT-Analysis is quite important for a graduate to identify the exact position he stands in the Nigerian economic situation.
2.                      Graduating students should strive to enlist self in skill acquisition programmes and professional courses to further boost their capacity.
3.                      Identify potentials, generate business and entrepreneurial ideas and sought for financing.
4.                      Graduating students must give themselves to extensive reading to tap from the experiences of such writers in economic and financial issues (books by Robert T. Kiyosaki, Richard Templar, Dale Carnegie, Ben Carson, Bob Eldridge, Dave Ule etc are good sources of knowledge for graduating students).
5.                      Look for and attend workshops relevant to your interest.
6.                      Conduct a personal 4-P (Price, Place, Promotion and Product) analysis on self. The price in this case refers to how much value the graduating student places on him/herself, talking of self esteem, human capacity etc. I should let you know that the difference in levels attained by various individuals is marked by the difference in their value system, while some aim for ultimate success, some only value stipends that will come from menial jobs, a graduating students should check his value system. Place refers to the location which the graduating student feel is most conducive for him/her to achieve his set targets. A good target in a wrong location is like a shoemaker producing shoes in the country of the lame. Promotion refers to how well the graduating student presents himself. A good idea presented badly or rather ‘packaged’ badly will fail. This packaging even includes mode of dressing, manner of speaking etc. Product refers to the capacity of the graduating student himself. A bad product (an ignorant graduate – by ignorant I mean lacking the knowledge of the current global realities as have been discussed earlier) can not get a job nor succeed in business no matter the location or value or dressing. An empty barrel is empty no matter the paint on the outside. Thus, graduating students should seek to stuff as much knowledge as possible in themselves to stand a chance at success in the Nigerian and global society.

        It is my honest belief, that Nigerian graduates and graduating students will take the bull by the horn and utilize the lessons inherent in this concise article towards achieving success in their labour market endeavors.
        Thank you.
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