Real estate businessman Obaego has claimed that the Nigerian business environment, tough as it may be, offers a valuable learning curve to young entrepreneurs.
“I vehemently accept the fact that Nigerian business environment is highly competitive,” he said, “but in my opinion, that should be welcome to any genuine entrepreneur.”
He said further: “As an entrepreneur, I believe you must develop business ideas which differ from that of your competitors. This is what I call the innovative mindset. And that is what any business owner that is succeeding in Nigeria must be doing right.”
Obaego, whose real name is Ejiobi Charles Chibuike, further asserted: “The aspect of entrepreneurship that I enjoy most is the keen competitive nature of business with the pressure of striving to succeed which enables me to work harder.”
The 29-year-old Imo indigene ventured into entrepreneurship in 2019 and just two years later has become a successful real estate developer. Relishing his achievement, the Teczo Real Estate CEO offered nuggets of advice to aspiring entrepreneurs, saying: “If you are in business, you mustn’t be so much concerned about being successful; rather lean towards hard work and you’d find out that your sweat will never fail you.”
Obaego, who also founded Teczo Autos, emphasized the importance of avoiding sharp business practices. “It is not by chance that I have been able to found three different types of business; it is because of my disposition to take on challenges. In the process, new vistas of opportunities open before me.”
He further added: “So far my best moment as an entrepreneur has to do with accomplishing a task which was competitive in nature and it was worth it.”