Young entrepreneurs engaged
Young entrepreneurs engaged

Young entrepreneurs engaged

During the past week over 30 young entrepreneurs had an opportunity to compete in the SME Entrepreneurs’ Round Table discussion where they had the chance to engage with fellow entrepreneurs.
Shona Ngava
The group of novice entrepreneurs each had an opportunity to engage and speak to business people who shared with them how they started their businesses and how they can overcome some of the pitfalls when they start out. The entrepreneurs who presented came from the hospitality, manufacturing and mining industries.

One of the entrepreneurs who spoke was Navin Morar, the manager of Chelsea Fashions, who advised them to always save their money and reinvest in their businesses if they want to succeed. “You need to save your money in order to build up the capital that you might need for your business. You can start off small by saving a little bit of money from your salary and then you can reinvest that into your business. You must develop and instill a saving culture if you want to succeed,” says Morar.

Carol-Jean Rechter, the co-owner of Joe’s Beer House also reflected on some of the qualities of an entrepreneur and why it was important for business owners to have good business etiquette. “Integrity, honesty and persistence are some of the qualities that make a good entrepreneur,” shared Recheter.

According to Teopolina Shingenge, a student studying Entrepreneurship and New Ventures at the University of Namibia (Unam), says that this event was a good initiative for her to attend as it inspired and motivated her to work on her own business ventures.

“I was not aware of all the different inspiring individuals that could serve as mentors in Namibia and I had the chance to meet some brilliant entrepreneurs. I am inspired and motivated to continue working on my dreams until I am as successful as the people that I met today,” shared Shingenge.

“You must develop and inculcate a saving culture if you want to succeed as an entrepreneur”

Shona Ngava

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Namibian Sun 2024-11-24

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