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Professor Bwisa

Entreprenuership Resource Website

Start your business on a shoestring budget.

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When the structural adjustment programs (SAPS) hit Kenya and people were being retrenched with a Ksh. 40 000 €œhandshake€ I carried out research that proved that the amount was good enough to start a business. Some of my readers questioned that. I did more research and proved that half that amount was good enough. More questions came my way. Finally I told an experience where no money was good enough for someone to start a business. Yes you can start on shoestring.

Some renowned achievers were asked the question: "What does it take to make it?"
A former head of state answered, "My best advice is to believe that your position in life will depend to a large extent on the amount of effort you are prepared to put into it. Everybody can't reach the top. But if you have the will, you can find the way to get the most from talents that you are blessed with. Take a step at a time and you will usually find there is another one ahead if you wish to take it."

That the said head of state rose from a shopkeeper's child to one of the most powerful head of state should give the above advice the due attention it requires. The advice spells out key entrepreneurial characteristics. To this advice one would add that life's battles do not always go to the stronger or faster but sooner or later the one who wins is the one who thinks (s)he can.
To start and succeed in business you need to have a desire to achieve your goals. You should be willing to work a little harder and a little longer in your business. You may have to work under very difficult conditions - like working in someone's veranda before you get your own premises.

 

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Last Updated ( Wednesday, 17 June 2009 06:46 )  

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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