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Home»Entrepreneurship»Entrepreneurs need resilience and sufficient capital to build successful businesses – Experts
Entrepreneurship

Entrepreneurs need resilience and sufficient capital to build successful businesses – Experts

prosperplanetpulse.comBy prosperplanetpulse.comApril 22, 2024No Comments2 Mins Read0 Views
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Written by Tomisin Fatova

Entrepreneurship experts in the country say entrepreneurs need resilience, scalability and access to adequate capital to succeed.

Experts who spoke at the recent Leadership Roundtable in Abuja in collaboration with Maxwell Leadership said entrepreneurs need training to build sustainable business capabilities.

Leadership expert Wale Adekunla spoke about the importance of business scalability, resilience and effective financing during difficult times.

Mr. Adekunla, who is also the convenor, emphasized the importance of a scalable leadership framework to drive profitability.

“Scalable leadership is key to driving organizational growth and maximizing return on investment.”

His insights highlighted the need for leaders to adopt adaptable strategies that can evolve as market dynamics change.

Themed “Resilience, Business Financing and Leadership in Challenging Times,” the event brings together thought leaders from a variety of sectors to help navigate the volatile, uncertain, complex and ambiguous (VUCA) economy. We searched for the necessary strategies.

Also read: NBC gives youth entrepreneurship and employability skills

During the course of the session, resource persons emphasized the importance of resilience in leadership, especially in the current economic climate.

Odeyemi Olayiwole, CEO of Inspired2Lead, highlighted the role of resilience, saying, “Building resilience is essential for leaders to weather the storm of uncertainty and adversity.”

This sentiment was echoed by other speakers, who emphasized the need for leaders to adapt and grow in the face of challenges.

Additionally, the summit also covered important aspects of business financing, with BUSLMA CEO Abraham Orukpe highlighting effective business structures to increase revenue.

He emphasized the importance of financial planning and strategic investment, and argued that “a strong business structure is critical.”
Achieve sustainable growth and profitability. ”

Also read: “Entrepreneurship will reduce rising unemployment rate in Nigeria”

Smith Bam, CEO of Pard Education Company, also emphasized the role of human resources as a catalyst for growth and emphasized the importance of investing in human capital for an organization’s success. .

This leadership event provided valuable insights and actionable strategies for leaders to increase resilience, optimize business capital, and drive sustainable growth during challenging times.

Through collaborative discussions and expert presentations, participants gained valuable perspective on succeeding in today’s business world.

Mr. Adekunla’s commitment to providing leaders with the skills they need to succeed in volatile environments underpins his expertise in leadership development and organizational strategy.



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