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Saturday, 12 May 2018

Why Cameroonians are slower in business than Nigerians


Why Nigeria is smarter than Cameroon when it comes to business.
Here is the countdown on why Cameroonians are slower in business than Nigerians. Cameroon is a central African nation that uses the CFA as its local or call it fiat currency and Nigerian, Naira. These two countries share a common boundary with populations of 25 millions and 190 millions respectively.

When it comes to business and smart business, Nigerians are taking the lead as opposed to Cameroonians who are still learning Nigeria's business techniques.

Reasons

Nigerians do not care when investing in a business though business is a hatch risk every national should be afraid of. When a business is out, they try by all possible means to be first to invest and reap the first fruits but a Cameroonian will go on trying to verify whether the business is real or not and finally invest at a time when Nigerians are calling it an old business. E.g Cryptocurrency (Bitcoin, Eutherium, Litcoin, Altcoin e.t.c.).

Cameroon have just enough food and that hasn't encourage the youths to think the hard way. Pride coupled with business is the simple malaria with Cameroonians but a Nigerian youth doesn't care selling along the streets of Lagos from 6 to 6.


Less than 30 million people is Cameroon and almost 200 million people is Nigeria. It means that less employment rate in Nigeria will push the working age to create new ideas and try to implement them. Whereas in Cameroon the few who are government workers earn a few thousands and are satisfied with it which is a peanut to a Nigerian.

Secondly when a Cameroonian becomes a state servant, he/she forgets about investing in a small business that can help the other side of his life but Nigerians do not even consider government jobs as an income pool.

Ask 100 million Nigerians about Bitcoin, 80 million will tell you that they are aware and just turn left to 20 million Cameroonians, not more than 5000 will tell you that Bitcoin is a cryptocurrency. Some will tell you its scam.
Lets be smart, are your ready? 

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