Saturday, July 27, 2024

Economist encourages Youth to embrace Entrepreneurship

Financial expert Shadrack Boamah has issued a rallying cry to young people and graduates, urging them to eschew the traditional job hunt and instead embark on the journey of entrepreneurship.

Boamah’s call comes as the world commemorates World Entrepreneurship Day, emphasizing the importance of fostering a culture of innovation and self-reliance among the youth.

Speaking to De Beat FM News, Shadrack Boamah highlighted the imperative for students to cultivate creativity and innovation during their academic pursuits, stressing the potential to create their own opportunities rather than solely relying on established job markets.

He particularly emphasized the value of entrepreneurship programs in fields such as engineering, science, and technical disciplines, which equip individuals with the skills and mindset necessary to launch and sustain successful ventures.

Shadrack Boamah underscored the critical role of startup capital in realizing entrepreneurial ambitions, pointing to resources such as the Microfinance and Small Loans Centre (MASLOC) as accessible avenues for funding.

He said MASLOC operates at the grassroots level, with funding opportunities available through every district assembly, ensuring widespread accessibility for aspiring entrepreneurs.

Furthermore, Shadrack Boamah emphasized the importance of leveraging support networks, including family members, who can provide crucial financial assistance in kickstarting entrepreneurial endeavors.

He urged individuals to consider starting small and gradually scaling their ventures, leveraging available resources and support systems to navigate the challenges of entrepreneurship effectively.

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