Time Management and Self-Motivation Skills Exhibited by Small Scale Business Operators for Successful Venture in Delta State of Nigeria

G O Onajite

doi:10.11648/j.ijber.20170602.12

Abstract

This study was conducted to determine the extent to which small scale business operators in Delta State of Nigeria exhibit time management and self motivation skills for successful venture in Delta State of Nigeria. Survey design was adopted for the study and it was guided by two research questions. Two null hypotheses were formulated for the study and they were tested at 0.05 level of significance. Twenty-five (25) small scale business operators were selected from each of the 25 local government areas of the state totaling 625 sample using stratified random sampling technique. The instrument for data collection was a structured questionnaire which was validated by experts in Business Education. The questionnaire before administration was subjected to a reliability test and the data generated therein were analyzed using Cronbach Alpha which yielded a coefficient index of 0.94. Data collected for the study were analyzed using Mean and Standard Deviation to answer the research questions while Analysis of Variance (ANOVA) and z-test were used to test the null hypotheses. The study found that operators of small scale businesses in Delta State of Nigeria exhibited time management and self-motivation skills to a high extent. Also, the test of the two null hypotheses revealed that urban and rural small scale business operators in Delta State did not differ significantly on their mean rating of the extent they possess self motivation skills and time management skills as a result of the academic qualifications. It was concluded that time management and self-motivation skills are paramount for successful operation of small scale businesses. It is hereby recommended among others that workshops and seminars should be organized for operators of small scale business and owners by the agencies responsible for the development of small businesses at all levels of government to create in-depth knowledge and technical know-how on time management and self motivation skills.

Highlights

In both developed and developing countries, the governments and the people are turning to small scale industries as a means of economic development and a veritable tool for solving their economic problems
Small scale businesses account for a large segment of productive population, and Nigeria falls within this segment of the economy, as small scale businesses account for over 95 percent of non-oil productive activities outside agriculture
In the light of the findings of this study, the following conclusions are made: That time management skills are paramount skills and to a high extent needed by small scale business operators for the successful management of their businesses

Summary

Introduction

In both developed and developing countries, the governments and the people are turning to small scale industries as a means of economic development and a veritable tool for solving their economic problems. S. A., Japan, South Korea, Malaysia, India and Jamaica accord prominence to small business sector because of its contributions to the economic growth and stability of their nations [1]. Small scale businesses assist in promoting the growth of a country’s economy. Agbonifoh [2] stated that small scale businesses have served as a vehicle for rapid industrialization, sustainable development, poverty alleviation and employment generation in many countries. Small scale businesses account for a large segment of productive population, and Nigeria falls within this segment of the economy, as small scale businesses account for over 95 percent of non-oil productive activities outside agriculture

Objectives

Methods

Results

Discussion

Conclusion