Skip to main content

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

Post a Comment

Popular posts from this blog

Reasons for sharing

Knowledge,to me is closely linked to our identity.sharing is generally a willful method of disemminating useful information to other people.By sharing, we build realationships so that what we share is received and treated with respect.Actually,knowledge sharing and relationships are interlinked.It is therefore,imperative that we share love which is the bedrock of any lasting relationship. Why am I sharing anyway? I know you are just wondering why you should bother about sharing anyway,you probably feel you are not loved enough or not loved at all.mhnnn...the question is how much love do you give,how much love can you afford to share? Well,you know what they say,habits die hard...I simply love to share and again I share out of a sense of responsibility for my future...."what you sow is what you reap!".I feel there is a huge gap that needs us to fill it,simply by sharing love. This love could be for that husband who isn't living up to responsibility,that wife who wouldn...
Post a Comment
Read more

Tired of giving!

Oops!it's been rain rain rain in this part of my world for the past one week.At times it can be really annoying,especially when you have planned a fun day and the rains come pouring down making the ground all wet and irritating.If there is anything I love to do,it is shopping.I had planned to go shopping and the rain wouldn't just go away so I threw caution to the wind and grabbed my little umbrella.Out in the rain I went,quickly hailed a cab and zoomed to the market. The entrance to the market was something else.Obviously like me,the rain couldn't deter so many people.People were milling around everywhere,even beggars sat put in their positions begging for alms from all who passed them.One of them particularly caught my attention.Unlike others he was standing,his buttons were all undone and I saw something like a rope connected to his navel,tracing the end,I saw something like a drip or something but some kind of satchet with some content in it in his hand and then there w...
2 comments
Read more

Why do they keep staring?

In these few years God has blessed me with on earth,I have seen so many things:the good,the bad,the ugly.I am so curious about men and their way of thinking.He is driving on the road,he is looking,in the office,he is looking,in the park,he is looking,even in church he is looking...Chei!what is it?.He gladly boasts that every man is wired that way,he couldn't be different. Ladies,have you ever been looked at by a guy so badly that you almost puked?There are those whose stares make you feel like smacking them behind and saying,don't be silly!.There are others whose stares make you feel embarrased and uncomfortable but there are those who make you feel like a queen made to be worshipped.Hahah...yea,I know that feeling...hey,don't worry the feeling is mutual.I like it too.I mean who doesn't want to feel wanted?. However,I am particularly curious about why some men just go bonkers at the sight of a woman.Why his nose will trace a perfume to the owner?Why his mouth will hang ...
1 comment
Read more