Do You Mean Business?

sound businessDo You Mean Business?

VS Magazine February 1990

Some people think that you just get an idea, a bank loan and then you are in business. This may be true for a few people, but for the majority of us it takes a little longer. Ade Sawyerr looks at the strategies that you need to apply when you say ‘I want to start a business, and mean it’.

TO START
• You need to have a sound idea of the product or service you want to supply.
• There must be a viable market for which demand is likely to grow.
• You need to be committed, dedicated and willing, with relevant technical and management skills and experience which can be applied to the enterprise.
• You should have a solid capital base and avenues for credit should be available to you,
• You need to get information on the various support initiatives, training courses, management and technical assistance packages available which help to create an enabling environment and without which many ventures will fail.

Continue reading “Do You Mean Business?”

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Supporting Entrepreneurial Activity in Ghana – 1993

I am trying to bring together all these articles That i have written over the years to this site

I wrote this article long ago and i suspect that my views may have changed.  It was in response to a challenge from Sydney Casely Hayford who was always bugging me about writing something.

Focus this Month – Business in Ghana – July 1993
Supporting Entrepreneurial Activity
When political freedom is disturbed in Africa it is often because of economic Issues. We find that most organisers of coup d’etat give economic mismanagement as one of the main reasons why they take over governments. Other reasons are corruption and misuse of government power for economic benefit. Economic prosperity is therefore an issue for the maintenance of democracy since stability in the economy will leave disaffected army officers without a good enough reason to disrupt the democratic process.

http://equinoxconsulting.net/Articles/Supporting%20entrepreneurial%20activity.pdf

The main premise of the article is that for African countries and Ghana in particular to ensure economic growth with stability the governments will need to entourage true entrepreneurial development. Governments should completely free the the micro-economic from their control and meddling. Government has a role to play, but that role is not direct involvement in he productive sectors.

I hope that this conceptual article will stimulate debate on the issues raised in it. It is being written by a Ghanaian abroad who is also looking for answers to the lack of entrepreneurial development in Ghana.

Continue reading “Supporting Entrepreneurial Activity in Ghana – 1993”