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Pages: 145 pages  with images
Font size: 12.5
Font style: Times New Roman


The indispensability of entrepreneurial development in the nation cannot be over-emphasized. Since it determines the quality and quantity of economic goods and services available and the degree in the distribution of these goods and services among members of the society. However, there are few entrepreneurs in society today with proficient skills to utilize the earthly resources for the production of goods and offer excellent services.

Consequently, the text is written for students in tertiary institution of learning (College of education, Polytechnic, and University), students in secondary education, individuals, entrepreneurs, business investors, lecturers, motivators, organizations and governments who intend to embrace entrepreneurship and skill development as a major strategy for innovation, production of local products, industrialization and economic transformation of a nation. Thus, no nation can attain sustainable economic development without entrepreneurial and skill development.

The text is prepared in such a way that entrepreneurs and industrialists will use it to acquire practical knowledge for innovation, and students in Secondary Education, Students in tertiary institutions will find it useful as one of the compulsory courses for all students in tertiary institutions.

The text is arranged in chapters. Each chapter begins with a statement of learning objective. Chapter one presents the concepts of entrepreneurial development. Chapter two discusses how skills can be developed. Chapter three explains the relationship, difference, and significance of talent, skill, and potential. Chapter four expounds the entrepreneurial skill and to develop it.  Chapter five contains governments’ intervention in entrepreneurship and skills development programs (Overview of Governments’ intervention Entrepreneurshipandskill Programmes, National Directorate for Employment (NDE), How governments can improve Entrepreneurship and Skills Programmes). Chapter six explicates how to engaging your talent and acquired skill for wealth creation with special focus on profitable businesses you can start,  starting a business with your acquired skill, talents or potential (a)With money (b) without money, how to obtain funds for your business start-up). Chapter seven discusses the entrepreneurship and small scale business with particular focus on characteristics of small scale business, the relationship between entrepreneurship and small scale business, the difference between entrepreneurship and small business management. Chapter eight discusses intensively on internet and entrepreneurship (the meaning of internet, internet facilities that boost entrepreneurship activities, how entrepreneurs can use social networking sites for product/service marketing). Chapter nine describes the basic accounting records for entrepreneurs (the meaning of accounting, the importance of financial records, the accounting equation, basic accounting records, accounting for cash receipts, posting to ledger accounts, accounting for cash receipts, income statement (profit or loss accounts). Chapter Ten describes the pointers to business failure and how to avoid them.

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