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Prof. Joshua Alabi, former Vice Chancellor of the University of Professional Studies, Accra (UPSA), has cautioned Young Entrepreneurs to separate their personal lifestyles, tastes and preferences whilst building the various businesses they have ventured into.
At a lecture organized by a group called ‘Young Achievers Network’ on the theme; ‘The Entrepreneur in You’, Prof. Alabi, also known as the ‘Transformer’ cautioned them not to allow themselves to be misled by entertainment and other human desires which may tempt them to put less priority on their enterprises.
The ‘Transformer’, who is also an astute entrepreneur lectured the the fully packed hall of Nungua Zimmerman Presby Church on how to develop business ideas, seek financial support, strict implementation, financial discipline, reinvestment and expansion of their enterprises, among others.
He urged the ‘Young Achievers Network’ and the youth to stay focused on their businesses by doing away with some human habits such as drinking, watching telenovelas, attending and organizing parties and sponsoring drink ups with friends.
Prof Joshua Alabi, encouraged the youth who venture into businesses to develop a stubborn streak that will enable them resist temptations and family pressures.
He cited a situation where “a young man who has started his small business may be pressured by family to accept to fund family activities or even go into marriage using part of his capital or little profit”.
He decried that situation and said “If you want to be successful learn to say no to any suggestion that will stop you from paying your clients or servicing your clients on time.”
Speaking eloquently in his local dialect, Ga and in some few occasions repeating his points in English language, Prof Alabi asked the young entrepreneurs who own shops to be time conscious always.
“You must be known for your seriousness when it comes to your work. You must be known for opening your shop at 5 O’clock in the morning and closing at 10 O’clock in the evening. Be consistent about it. Don’t close your shop because you have to go and watch ‘Kumkumbagyia’ or because of a party,” he admonished.
Source: Delali A. Awuyeh