{"id":467656,"date":"2018-02-26T11:30:33","date_gmt":"2018-02-26T11:30:33","guid":{"rendered":"https:\/\/ghana-mma.com\/2018\/02\/26\/encourage-entrepreneurial-behaviour-in-students-cagl-chairman\/"},"modified":"2018-02-26T11:30:33","modified_gmt":"2018-02-26T11:30:33","slug":"encourage-entrepreneurial-behaviour-in-students-cagl-chairman","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2018\/02\/26\/encourage-entrepreneurial-behaviour-in-students-cagl-chairman\/","title":{"rendered":"Encourage entrepreneurial behaviour in students &#8211; CAGL Chairman"},"content":{"rendered":"<p><\/p>\n<div id=\"medsection1\">\n<!-- End of html generated by this->header() --><\/p>\n<p class=\"floatLeft\">Business News of Monday, 26 February 2018<\/p>\n<p class=\"floatRight\"><strong>Source: <\/strong>Kay Agbenyega<\/p>\n<p>2018-02-26<\/p>\n<div class=\"article-left\">\n<p class=\"article-image\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/ghanamma.com\/wp-content\/uploads\/2018\/02\/45151908.295.jpg\" alt=\"Isaac Amoako\" title=\"Isaac Amoako\" width=\"295\" height=\"196\" \/><span class=\"image_caption\"><span>Isaac Amoako Mensah, CAGL Chairman<\/span><\/span><\/p>\n<div class=\"noPrint\">\n<div id=\"537626303\" style=\"width:300;height:250;margin:0;padding:0\">\n<p>\t\t  <noscript><iframe loading=\"lazy\" id=\"b2ad7fa7fd\" name=\"b2ad7fa7fd\" src=\"http:\/\/ghanaweb-d.openx.net\/w\/1.0\/afr?auid=537626303&amp;cb=151125813973067\" frameborder=\"0\" scrolling=\"no\" width=\"300\" height=\"250\"><a href=\"\/\/ghanaweb-d.openx.net\/w\/1.0\/rc?cs=b2ad7fa7fd&amp;cb=151125813973067\"><\/p>\n<p>\t\t  <img decoding=\"async\" src=\"https:\/\/ghanamma.com\/wp-content\/uploads\/2018\/02\/1519644632_719_ai\" border=\"0\" alt=\"\" \/><\/a><\/iframe><\/noscript><\/p><\/div>\n<\/p><\/div>\n<\/div>\n<p style=\"clear:right\">Mr. Isaac Amoako Mensah was speaking at an Entrepreneurship Clinic held at the Kwame Nkrumah University of Science and Technology (KNUST) on the theme Creating Tomorrows Employers \u201cStarting and Sustaining a Private Business: Means and Strategies\u201d. <\/p>\n<p>He said encouraging entrepreneurial behaviour among students will not only foster the formation of new business but also show how entrepreneurial thoughts and practices can help improve the operation of large organizations and the public sector.<\/p>\n<p>He said the time has come for business leaders to nurture current and potential entrepreneurs so as to create a healthy, competitive environment. &#8220;CEOs, entrepreneurs and senior management have an obligation to make their minds and experiences available to the young ones who will one day take their place.\u201d<\/p>\n<p>According to him, entrepreneurship is all about setting young people on the right path, helping them to widen their horizons, think more broadly and equipping them with real-world skills that will help them master greatness.<\/p>\n<p>&#8220;Unless young people are equipped with the right skills and tools, they will have little idea about what they need to do to turn that entrepreneurial spark from inside their head into a viable business&#8221;. <\/p>\n<p>He said \u201cWe can&#8217;t afford to risk letting the untapped entrepreneurial talent of thousands of other youngsters go to waste. More needs to be done to ensure they can fulfil their entrepreneurial ambitions, and it should start from an early age.  Not everyone will want to be an entrepreneur. &#8230;There is the eternal debate over what truly defines an entrepreneur; whether they are &#8216;born&#8217; innovative thinkers and risk takers, or &#8216;made&#8217;, through learning, development and experience&#8221;. But he agrees with the latter.<\/p>\n<p>He explained  that entrepreneur  is no  longer  just  a  business term, but  a  way  of  life, saying that \u201cYou  must  always embrace  an entrepreneurial  attitude  to  see  and  seize  the  right  opportunities right  clients \u2013\u2013 to  assure  the  business  not  only  grows but  sustains  itself over time.\u201d<\/p>\n<p>Mr Amoako-Mensah challenged up and coming entrepreneurs to develop the right mechanisms to grab the right clients saying that, \u201cIf you don\u2019t have the right mechanisms in place to prospect the right clients, you will find it difficult to sustain growth let alone grow at all. Before your business can grow and sustain its momentum, you must take action to assure your company builds a strong foundation for long-term success. Every company wants to  grow their business, yet few know  how to sustain it for the long-term or look beyond the next quarterly or yearly report.\u201d<\/p>\n<p>He said growing a business requires the right intellectual capital, carefully selected strategic partnerships, and products and\/ or services with strong marketplace demand. <\/p>\n<p>\u201cBeyond these fundamentals, sustaining growth requires a strong operational foundation to reduce the risks to business over time,\u201d adding that many entrepreneurs have the vision to build and run a strong company, but fail to take key steps to secure the company\u2019s future growth and sustainability.<\/p>\n<p>He also touched on succession plan and indicated that a succession plan is something every strategic business should have to ensure that the business won\u2019t suffer when circumstances change. It will help cement the business legacy you\u2019ve worked so hard to create.<\/p>\n<p>He encouraged them never to give up if they fail their first attempt to business as the rewards of entrepreneurship are well worth the obstacles they will face on the road to success. <\/p>\n<p>He said the path to success is mostly paved by failure and it\u2019s nearly impossible to succeed without having to fail first. It\u2019s possible to learn as much from your failed project as you\u2019re able to form a successful project, yet the most important thing you can learn in regard to failure is how to get back up on your feet and keep on trying.<\/p>\n<p><!-- uploaded by: 39 updated by: -1 --><\/p>\n<p><!-- Start of html generated by this->footer() -->\n<\/div>\n<p>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a style=\"display:none\" rel=\"follow\" href=\"http:\/\/megatheme.ir\/\" title=\"\u0642\u0627\u0644\u0628 \u0648\u0631\u062f\u067e\u0631\u0633\">\u0642\u0627\u0644\u0628 \u0648\u0631\u062f\u067e\u0631\u0633<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Business News of Monday, 26 February 2018 Source: Kay Agbenyega 2018-02-26 Isaac Amoako Mensah, CAGL Chairman Mr. Isaac Amoako Mensah was speaking at an Entrepreneurship Clinic held at the Kwame Nkrumah University of Science and Technology (KNUST) on the theme Creating Tomorrows Employers \u201cStarting and Sustaining a Private Business: Means and Strategies\u201d. He said encouraging [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":467657,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[],"class_list":["post-467656","post","type-post","status-publish","format-standard","has-post-thumbnail","category-local-news"],"_links":{"self":[{"href":"https:\/\/www.ghanamma.com\/2018\/wp-json\/wp\/v2\/posts\/467656","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ghanamma.com\/2018\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ghanamma.com\/2018\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2018\/wp-json\/wp\/v2\/comments?post=467656"}],"version-history":[{"count":0,"href":"https:\/\/www.ghanamma.com\/2018\/wp-json\/wp\/v2\/posts\/467656\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.ghanamma.com\/2018\/wp-json\/wp\/v2\/media?parent=467656"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2018\/wp-json\/wp\/v2\/categories?post=467656"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2018\/wp-json\/wp\/v2\/tags?post=467656"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}