EFFECTS OF BUSINESS ON THE ECONOMY

Business is quintessential to the economy at all stages, it creates the opportunity to buy and sell goods and reinvest profits which further opens the doors to banking. A country is as strong as its monetary value and this can only be established by harboring an environment that is conducive to business. Globally, business refers to determining a fundamental need, whether it’s a good or service, and fulfilling that need at a cost. Take Google for example; by creating fast efficient means of searching for information on the internet, it is the largest internet company in the world. Google makes its money from advertisers and mobile devices including those running on the android operating system. Within the United States, Canada, England, and even here in Nigeria, we utilize those products and devices to conduct even more business to handle our own needs and wants.  We are interconnected which further demonstrates the need of business. Without the welder to make nails for the shoemaker, there would be nothing to use to fix the shoes of the teacher who could very well teach the next Bill Gates.

Nigeria is a middle income country with a mixed economy, ranked the 26th in the world in terms of GDP and is the largest economy in Africa. Of course plagued with the dampening rate of insecurities, unemployment most especially and mismanagement of the natural resources available to the economy that should be a source of unlimited revenue to boost the growth and development of the economy, the existence of business in the country has contributed in no small measure to the value chain of the economy, it has provided job and employment to many citizens, it plays crucial roles in the economic development of the country  boosting the economy’s image, making it a center of attraction for foreign investors who come in and establish.  

In most recent times, with the blossoming of the Nigerian economy with local and foreign investors, the nation is still experiencing a downside in terms of unemployment, gross inflation in the basic amenities of life making the cost of living really unbearable for half of its citizen; most businesses are re-channeling their focus to help alleviate the untold hardship inherent in the economy by providing access to unemployment and encouraging youths to start thinking entrepreneurial with alternative choices  involving the appreciation of different skills so as to reduce the rate of unemployment and at the same time be productive and also be job creator on the long run.

Lashone Links Group of Companies understands its connection to society and our economy. Aiming to be an internationally run enterprise,  Lashone Links works to fulfill various needs within various industries by establishing a company with a wide vision and mission to profile solutions to Real estate, housing deficiency, a reference point for human capital development, marketing and unemployment in Nigeria. Real Estate is flourishing all over the globe and Lashone can put you in the best position to lease and purchase property whether you are a fledgling company, a multi-tiered enterprise or an individual. Even at the most rudimentary level, Lashone Links operates a Business School to teach individuals all of these ideals to utilize in their own lives. By understanding how business works, we can better handle issues of unemployment and joblessness, this they achieve by periodically organizing skill acquisition exercise where hundreds of unemployed youths and adults benefits with intense trainings from skilled and astute personnel from different works of life. Probably most important, but least considered, is security. After creating a flourishing business, what protects your company and keeps your investments secure? Lashone aims to curb the societal menaces faced by corporations on a daily basis by creating a school of security and surveillance to help impact youths with the necessary rudiments and intense knowledge of what security and surveillance is all about.

Business occurs every day and is important not only to our government and its economy, but also to our own existence. What are you doing to stand out and be a force in the industry?

WHEN AN ENTREPRENEUR GETS IT RIGHT

Entrepreneurs are driven from a deep feeling within to do what they love. Their minds are consumed with creativity; adventure and the desire to see what they envision come to life.

They think past boundaries, turn fear into faith, generate original ideas, explore unexplored options and think rationally through obstacles. Because entrepreneurs love what they do, they experience gains such as personal satisfaction, financial abundance, security and self-fulfillment. It is these rewards that affect their home life and personality drastically in positive ways.

The importance of entrepreneurship is that its operation is targeted at providing human needs and a successful attempt becomes an enterprise due to much appreciation of the value it creates in the society. In starting up a business that will last, an entrepreneur uses challenges faced in the society as a factor to his business creation and provides solution to those challenges. Entrepreneurs have different motivating factors surrounding their vision and motives and acknowledging a need is a usual testimony of a successful one. While others are just in the business due to their observation of a successful entrepreneur and desire to make a living for themselves, therefore venturing into a business without passion to solve a problem in their given environment but to meet to their own need and desires. The fear of starting a business is a factor that one needs to consider critically to understand how entrepreneurs break even from a conceived idea or vision into an enterprise.

The rise of organizations and businesses in the world has raised questions in our minds on their functionality, purpose of existence and relevance to the economy. With an estimate of over 500 million registered and recognized companies in the world, one question we should consider is the value they create and their impact in worlds and nation economy. Value in business operation is essential to man bringing satisfaction to their needs and demands; it is also relevant to nation building because it reduces responsibilities and burdens from nation leaders and helping promote development in every given environment. The operation of a business should focus on improving a way of life and any entrepreneurs who operate in this line of thought has success and wealth as a reward, because in the business world, the value you create attracts the people and they generate your wealth through brand loyalty and referrals.

Nigeria and the world today is blessed to have entrepreneurs who has transformed lives through their positive thoughts and vision. Their business operation has contributed to the socio and economical growth in the society and nation at large. Successful stories from top business mogul like Alhaji Alinko Dangote, Femi Otedola, Mike Adenuga has shown that Nigerians can establish a vision that will compete with the world brands of today, and in that hall of fame we recognize another great and effective entrepreneur: Dr Lanre Shonekan the GMD of Lashone links group of companies. Who through his various subsidiaries in business has given much value to life both in Nigeria, Africa and the rest of the world.  A group of companies which comprises of 7 subsidiaries has become a household name due to the value it gives to the society. The Lashone Links Real Estate and Property Limited provides shelter for every man through affordable housing schemes. Their housing estate covers across different region and sectors in Nigeria, enabling subscribers to purchase affordable homes without stress at a comfortable payment plan that fits their financial schedule. This business solution was created due to the deficit in the Nigerian housing sector which has showed governments inability to provide housing for its citizens, which is indeed value creation and a true definition of an entrepreneur that has been called to serve.

The tale of every successful entrepreneur begins with a heart of service and bringing solutions to challenges at any given time. Dr lanre Shonekan has started a journey in that path, with just 4 years in business has recorded huge success and created a brand that is acknowledged as a solution to housing deficiency and shelter for all. Lashone links group has embarked on a journey that is targeted at meeting humans need and has charted a cause that clearly expresses the responsibility of every human as a solution to the needs of their environment and this act requires support and emulation in making our nation and world a better place. 

Every entrepreneur has an idea but few get it right.

Lashone Group Wants Youth To Embrace Empowerment Scheme

Lashone Links Business School in conjunction with the National Directorate of Employment holds the fourth skill acquisition exercise at Banquet Event Centre Agidingbi Ikeja on Monday 17^th November, 2014.

As an empowerment scheme to curb the cankerworm of unemployment and a way to give back to the community; Lashone business school a subsidiary of the Lashone Links Group Of Companies in conjunction with the national directorate of employment holds another eventful skill acquisition exercise with skilled and astute professionals from various fields of expertise. The event was graced by dignitaries from the ministry of education, Ministry of youth and sports duly represented by the permanent secretary Mr segun oshinyimika, the National Directorate of Employment and the media crew of different television and radio houses.

The event anchored by TVC’s Etoma Edu featured heartfelt speeches from Dr. Lanre Shonekan the MD/CEO of the Lashone Links Group Of Companies, the permanent secretary of the Ministry of Youth, Sports and Social Development, Dr. Segun Oshinyimika and the State Coordinator of the National Directorate of Employment, Mr Joseph Mordi which all emphasized on the importance of the skill acquisition exercise and the need for the youth to embrace the empowerment scheme for futuristic purposes.

 The occasion paved way for the five day entrepreneurship training which precedes the three month internship program in which participants will be posted to different professionals of the skills of their choice.

The event was closed with the first lecture on marketing given by Dr. Lanre Shonekan the managing director of the Lashone Links Group of Companies; he also used the platform to lay emphasis on the importance of other basic lectures and its relevance in their quest to achieve success coming up on the subsequent days to come.