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Coscharis boss identifies entrepreneurship as solution to unemployment crisis

By Sunday Aikulola
28 October 2015   |   9:36 pm
Worried by Nigeria’s unemployment problem, the Chief Executive Officer of Coscharis Group, Cosmos Maduka has insisted that Nigerians should embrace entrepreneurship in order to be financially independent.
 Chief Executive Officer of Coscharis Group, Cosmos Maduka

Chief Executive Officer of Coscharis Group, Cosmos Maduka

Worried by Nigeria’s unemployment problem, the Chief Executive Officer of Coscharis Group, Cosmos Maduka has insisted that Nigerians should embrace entrepreneurship in order to be financially independent.

Indeed, he suggested that government should introduce entrepreneurship in school curriculum from the primary school.
Speaking at an entrepreneurship workshop organized by iVEN Digital Marketing Consulting, Maduka noted that “the white collar jobs are not available, if Nigerians can create jobs for themselves, it will help to bridge the gap in unemployment”.

Speaking on the topic: Important principles every business needs for success, Maduka further noted that knowledge and effective deployment of resources are what entrepreneurs need in order to succeed.

According to him, every entrepreneur must have adequate knowledge of a business before venturing into it.
“Knowledge is eighty percent while capital is twenty percent. Two things that help me grow Coscharis are knowledge and my ability to learn how to manage and deploy resources. Knowledge is money. The things you know are more important than the things in your pocket”.

He further said entrepreneurs should believe in themselves, have passion for whatever they do, set high goals and believe they will attain the goals.
On his part, a finance advisor for the iVEN team, Jonathan Okanlawon noted that entrepreneurship in Nigeria has come of age.

In the next five years, entrepreneurship is going to be the wave that will sweep across the country because many people are looking in that direction now. Nigeria has a lot of opportunities especially online. I believe that this administration will give Small and Medium Enterprises (SMEs) a greater support. For any economy to grow, the SME must be vibrant.

On advice for upcoming entrepreneurs, he said they should believe in themselves and do what they have passion for. “There lots of challenges but those challenges are opportunities in disguise”, he stated.

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