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The key role of an entrepreneur in an economy

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@tfame3865
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After getting off school, I discovered that 90% of my friends and others that I came across where all diverting into the business world. I was wondering what is really happening there. It seems there is something I am missing out. I keep asking to know what is going on towards the business life. Nobody were able to give me a very detailed explanation, they were all doing it for the money. Well, one thing I must say is that whatsoever we do in life, there is one goal we aiming at, that goal is to see that we are all making money. It is hard to see a very matured man doing something with the sole aim just not to make any reward from it. It is hard to see such people. We all are money driven because of the various need that are involved with life.

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Business without being told is one thing we all should take serious. An economy with little #entrepreneurs will end up passing through lots of backlog. Every economy thriving today got to that very stage because of the support they got from the Entreprenuers who laid down one or two busiensss skills. They are the ones that makes job available. Government can never provide all the jobs that their citizen needs, individual created job will go a long way into reducing the rate of unemployment in that given economy.

I was talking business with my dad when he said - #my son, am happy for the #path you have chosen. Do you know if you are supplying #bread to three thousand people daily, you have helped in making lots of money to yourself and at same time, you have also created jobs to some certain person? This is the main reason I love the life of an entrepreneur, my father added. I have seen graduate waiting on government for jobs, this set of people end up complaining that there is no job in the country and tagging the government bad. I keep wondering when will people deviate from such act? Going to school doesn't guaranty you a job, at least, we need to see some person also contributing to the economy, this is what certifies it as an economy. Funny enough, the richest set of people in the world today are those who are entrepreneurs. They are those who runs one or two business combined, they are not workers. They don' depend on government jobs instead, they sustain the nation by creating their own jobs which helps to see the countries economy doing well.

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The role of an entrepreneur

In every #economy, #entrepreneur pays a very major role. This is the back bone of each and every economy. Go into research, you will see that those countires which are boasting of strong economy todays, it is the business men that are driving the country economy forward. Take a look at #china, there was a time the country was on lockdown, they refuse importing, the government started supporting entrepreneurs, some years later, things changed, they are now importing their goods and services.

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how do they drive an economy?

An entrepreneur helps to drive an economy by making sure jobs are available. Take for instance, if I own a job in my country, do you know that I will need people to work for me? This at least will end up giving some persons job. If two thousand (2000) person goes into #business, this will help to create not less than six thousand (6000) jobs for individuals. This is the power of an entrepreneur. This is the why it is very important.

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who can be an enetrepreneue

Some days back, somebody walked up to me and ask me this question. I gave him this answer.

Anybody can be an entrepreneruer. All you have to do is to choose the field you are good at and finally venture into it. If you can do that, you are already an entrepreneur.

So with that your skills, feel free to key in into that business, you won't regret it in as much you are running it properly.

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Should government support entrepreneurs?

We all know business drives economy by making jobs available in an economy. Since their motive is to create business which is affecting economy positively, it will be a great pleasure seeing government investing into them. This will help to see economy hitting zenith.

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What is your advice for those who wants to go into business

For those who wants to venture into the business life, be rest assured that business is not for the weak, you are going to be facing lots of issue ranging from finance to workers, resources to environment etc. Make sure you give your business the necessary attention, never feel like a big #boss and neglect your business, the outcome might be severe.

There is one advise I will like to chip in again, before venturing into business, make sure it is what you are familiar with. Don't go into selling #cement when you know you have no idea of how #cement works. You might find it hard surviving under such state. I had a friend who did same and the business crumbled. He saw people selling #clothes, he is not good on such trade but he venture into it because he was advised to. Some years later, the business died off.

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Another key aspect to advise you on, your business should be base on the popular slogan which states, #pay before #service. Don't go about selling goods to people when they have not paid, the outcome might be desastrous. Even when it is for your family member, never do it.

Lastly, learn how to attend business seminars, this will help in a very long way. It will help to create addidiotnal knowledge which will affect your business positively.

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Having said all that, we all have seen that every economy/nation needs an entrepreenuer. If a business is properly managed, it will help in creating jobs in that economy. That job will help to reduce the rate of unemployment. This kind of act will help to see the countries economy hitting zenith.

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Entrepreneurs are key in every economy