Budding entrepreneurs urged to focus on growth

Post was last updated: September 26, 2019
MWALA—It is all about mindset

Local entrepreneurs have been challenged to be decisive and constantly explore new avenues if they are to significantly transform and grow their businesses.

This came out during a Wealth Creation and Personal Finance Conference hosted by Sycamore Consult in Blantyre on Tuesday.

The conference attracted local business moguls such as Countrywide Car Hire Managing Director, Mike Mlombwa, Chairperson of Mpatsa Holdings, Jimmy Korea Mpatsa, seasoned entrepreneur Simon Itaye and Chief Executive Officer of FDH Financial Holdings, Thom Mpinganjira.

The captains of the industry took turns to give motivational speeches to the gathered potential and budding entrepreneurs.

Sycamore Consult Chief Executive Officer, Audrey Mwala, said wrong mentality was limiting capacity of investors.

“It is all about mindset, if one has a positive, strategic and open mind and takes responsibility of their success or failures they are poised to succeed. It starts with an idea and then the courage to keep on moving with the idea,” Mwala said.

Proprietor of Ntalimanja Holdings, Napoleon Dzombe, who was guest of honour at the event, said entrepreneurs must be faithful and honest to be successful.

“If you start a business, you must have a vision and when that is in place you must plan, work hard, have courage, be honest and be trustworth.”

“I, for one, do not need to have money all the time to procure what I need for my business because other businesses trust me. When I need materials, I just ask companies to give me and pay them later,” Dzombe said.

This comes as some businesses operators have been complaining of business slowdown.

Let us know what you think of this update and remember to add us on our facebook and follow us on our twitter. Make sure to come back daily for more Malawi business news updates.

Quick Links: Malawi Banking News | Malawi Technology News | Download Business eBooks | Ten Signs You Are An Entrepreneur | What is a Managing Director?

Today’s top business story: Top Commercial Banks In Malawi

Source link