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Entrepreneurship: What are some things that first time entrepreneurs should consider?
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Tolu Amondi, African Trade and Business development Economist answered:

The art of Entrepreneurship can be defined broadly as that central personality, who is tasked to co-ordinate or manage the three major "factors" of production.

Our factors in business are Land (Work-space), Labour(People) and Capital (real or intangible assets).

First things to consider during the growth stage is: HOW to properly Optimize those three scarce productive RESOURCES in the most EFFICIENT way, in a competitive market system.

I have trained start-ups in more difficult terrains on how to develop simple models that can be customized to their specific industries.

Summary: On Entrepreneurship, I am available to discuss with you, simple models that I have created, which can help you optimize scarce resources in the most productive way.

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