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Professor Bwisa

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Cottage Industries

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Many people I have interviewed say that they are not in business because they do not have enough capital. Such people would have liked to start one type of business say a mini bus to shuttle passengers but their capital may not be enough.


This reminds of what the renowned author of €œSmall is Beautiful€ Ernst Friedrich "Fritz" Schumacher commonly known as E. F. Schumacher,
€œIf you want to go places, start from where you are. If you are poor start with something cheap. If you are uneducated start with something relatively simple, If you live in a poor environment and poverty makes markets small start with something small, If you are unemployed start using your own labour power, because any productive use of it is better than letting lie idle€

These wise words teach us that we must learn to recognize the boundaries of our possibilities. A project that does not fit our resources will be an economic failure.


Find here below some potentially explosive projects whose inputs are readily available locally.

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Last Updated ( Wednesday, 17 June 2009 07:27 )  

THOUGHT

Entrepreneurship is the practice of starting new organizations or revitalizing mature organizations, particularly new businesses generally in response to identified opportunities. Entrepreneurship is often a difficult undertaking, as a vast majority of new businesses fail.

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