These include small business consulting, business marketing presentations, personal development and motivational speaking. Integral to the history and development of the steel industry in the US is the U. S. Steel Corporation. Started in 1901, it was the largest business enterprise ever launched during that period. The company was founded by prominent businessmen—Andrew Carnegie, J.P. Morgan, Charles Schwab and Elbert Gary. Gary was U. S. Steel’s first chairman. In its first year, the company supplied almost 70 percent of all the steel produced in the country. In the years that followed, it developed a wide array of steel making procedures and technology and raw material subsidiaries, many of which were related or grew out of the firm’s initial steel operations. Through time, the company experienced various restructuring and conglomeration from other steel company thought it retained its name as U. S. Steel Corp (U. S. Steel Corporation USS, 2009).
The state of our infrastructure can be deemed to be a nightmare to both entrepreneurs and the rest of the country’s population. With the existing infrastructure deteriorating and in some places it is non-existent; the cost of doing business has tremendously gone up. The state of the country’s road network makes it hard for entrepreneurs in the agricultural sector to transport harvested produce from farms to processing factories. According to a report released by the World Bank, Nigeria’s pace of socioeconomic development and growth is way below what we can achieve. This is mostly because of the erratic supply of electricity which has negatively affected many businesses. The outcome of power problems has prompted entrepreneurs to generate power through expensive ways that have in turn increased their production costs and made their products uncompetitive due to high prices. Our government should put policies in place to perk up Nigeria’s infrastructure so as to promote successful business management.