Entrepreneurs in a developing country

An entrepreneur is an initiator, an innovator and challenger . An entrepreneur creates something new, either in terms of service or business for profit or for social needs. To be a good entrepreneur, you have to be:

*Passionate about your job, As an entrepreneur, you may have to put in long hours and make sacrifices for your business especially if it is a side hustle.

* Well organized; They should be able to Keep up with client records, manage business funds and run day-2-day office activity as much as they maintain an orderly environment.

* Be realistic; Not every business succeeds.Entrepreneurs must understand that there is no guarantee to a business success, he/she has to keep learning and keep adjusting.

Having establish who an entrepreneur is and should do, let's consider why we need entrepreneurs in our nation:

*For a developing country like ours, Entrepreneurship is needed to break the vicious circle of poverty by mobilizing the idle funds (A mix of their fund and loans) which leads to capital formation and creation of wealth very essential for development of an economy.

*Entrepreneurs are needed to meet the demands of Social Change; New innovations create room for advance tools which in turn reduces dependence on obsolete systems and technologies, this result in a greater economic freedom.

* New and improved products, services or technology from entrepreneurs create room for new markets and more wealth to be created, this will additionally increase employment and higher earnings.

In summary, Entrepreneurs are not only important to themselves or to the nation, they are also important to their immediate environment; they sponsor and can sponsor community projects when established.

However, government can help by redirecting surplus wealth to retrain workers who are redundant as a result of entrepreneurship, Moreso, government can nurture Entrepreneurship by regulating inflated prices,unfair market practices, pervasive corruption and criminal activity caused by entrepreneurs.

# Citizenship empowerment

# Innovative

# National Developmentd

dwomansblog.blogspot.com

Comments

Longest Nails on the Planet!

This is Christine Walton from Las Vegas -- who has the world's longest fingernails measuring a freaky 19ft 9in (601.9cm).She has set a record in Guiness world book of records. That's 10ft 2in (309.8cm) on her left hand and 9ft 7in (292.1cm) on her right hand and the 45-year-old singer says she hasn’t cut her fingernails since 1990. Christine insists the nails don’t prevent her from living a normal life; she can still braid hair, cook and drive, however, she does confess to struggling when shopping for clothes: "I’ll see the cutest shirts, and they’ll have these skinny arms and I know that my nails would just rip straight through them, she said. "I never made a conscious decision to grow the nails, but with all my children and the music commitments I guess it was easier to let the nails grow," she added, "Then one day I look down and they’re like 9 inches long!" Her current length of the fingernails are the equivalent length of a killer whale; two...

Woman Crush Sunday: Onyeka Onwenu

This is Onyeka Onwenu, fondly called the Elegant Stallion by the Nigerian media. Onyeka Onwenu born on 31 January 1952 is a Nigerian singer/songwriter, actress, human right activist, social activist, journalist, politician, and former X Factor series judge. The 68 years old lady of songs hails from Arondizuogu from Ideato North local government area of Imo state, she is the youngest daughter in a family of seven. This Icon had a challenging childhood, she lost her father, Dickson Kanu Onwenu, at age 4 and 10 months, and was single handedly raised by her mother who was denied access to her husband's property in fact her album _one love_was inspired by her mother. She says that learning from her mother, Hope Onwenu certain behavioural patterns, has made her the confident woman that she is today. Although bred in Port-Harcourt, she completed her primary and secondary school education in Anambra State, she got he...

Woman Crush Sunday (WCS): Funke Akindele

This is Olufunke Ayotunde Akindele, a Nigerian Actress and Producer, Script writer and Entrepreneur. She is mostly referred to as Funke Akindele . Funke was born in her home town in Ikorodu local government area, Lagos State on the 24th of August 1977 to Mr. Richard Akindele a retired school principal and Mrs Alice Akindele, a medical doctor. She attended Grace Children Schools, Gbagada and Lagos State Model College, Igbo-kuta for her primary and secondary education respectively. Funke has an OND in Mass Communication from Moshood Abiola Polytechnic, Ogun State and a Law degree from the University of Lagos. Her journey to stardom began when she played the role of a curious but brilliant secondary school student in a popular TV series, I Need to Know which aired from 1998 -2002. I Need to Know is a United Nations Population Fund sponsored Sitcom program created to enlighten the public on the issues teenagers face while growing up. F...

The Woman's Place

Search This Blog