Mary Anane Auku speaks at the launch of her book
KGL Group Chairman Alex Apau Dadi has warned budding entrepreneurs not to scrap the apprenticeship scheme.
He believes that to gain the fundamentals of entrepreneurship, you need to learn from people and experience all the necessary failures before you decide to start a business.
Alex Apau Dadi realised that most young people who leave school venture into entrepreneurship without any experience or knowing the ropes of the game.
“The main reason these young people fail is not because they don’t work hard, but because they neglect to gain valuable experience.”
“I’ve been to the UK and other countries and learnt a lot. It’s not just about starting your own business and being your own boss. You also do an apprenticeship to learn a skill and gain experience before you go out on your own. By the time you’re ready to go out on your own you’re a very established person,” he said.
Alex Apaw Dadi was speaking at the launch of a book by Mary Anane Awuku titled, “Entrepreneurial Success,” which details the experiences of Ghanaian entrepreneurs, their challenges and successes and suggests solutions to the problems faced by entrepreneurs.
He used the opportunity to encourage youths to start their own businesses, noting that this would lead to wealth creation.
“Entrepreneurial Success” was launched by Mary Anane Awak, wife of the Director-General of the National Lotteries, Mr. Sami Awak, on June 8, 2024 at the African Regent Hotel.
The event was attended by some of Ghana’s finest entrepreneurs who have made significant contributions to the development of the country.
The book has been reviewed by scholars, who have provided insight and a deeper understanding of the various concepts put forward in the book.
Mary Anane Auku said the book details the experiences of over 30 entrepreneurs whose journeys have inspired many.
She said the book gives a clear understanding of the entrepreneurial journey and the challenges and opportunities therein.
Furthermore, the book provides an authentic and localized understanding of the competencies that underpin the success of Ghanaian small business owners.
She noted that most economies around the world are heavily dependent on entrepreneurs and the companies they set up underpin the economy.
“Entrepreneurship is a big contributor to a country’s economy. It’s entrepreneurship. It’s entrepreneurs who support governments. So let’s use this to support and educate people so they can be entrepreneurial and create jobs. Governments cannot do it all alone. The private sector also needs to help create jobs,” she said.
Meanwhile, the Minister of State for Finance, Abena Osei-Asare, has announced that government will rely heavily on small and medium enterprises to help revive Ghana’s economy.
She said the government would launch the program in July and expand some of the existing small and medium-sized enterprises into larger businesses.
“Government is determined to focus on small and medium enterprises to get the economy back on track. Next month in July, Ghana will launch the Small and Medium Enterprise Opportunity Growth Fund to help small and medium enterprises become self-reliant and to select some small and medium enterprises and develop them into enterprises that can create jobs and grow the economy,” she said.
