Kudecho Khamo encouraged aspiring entrepreneurs at the Chozuba entrepreneurs' meet to embrace innovation, hard work and risk-taking.
CHOZUBA — Advisor for CAWD Kudecho Khamo has encouraged aspiring entrepreneurs to embrace innovation, hard work and risk-taking, stating that entrepreneurs are the driving force behind economic growth and nation-building.
Addressing the Chozuba Assembly Constituency Entrepreneurs' Meet, an initiative organised under the Local Area Development Fund (LADF) at Chozuba town on Saturday, Khamo said every profession has its own merit, but entrepreneurship remains a relatively new concept for many people.
He said entrepreneurship requires creativity, innovation and the willingness to take risks.
The advisor stated that entrepreneurs are the engines of development as they generate employment opportunities and contribute to nation-building through economic activities and the payment of Goods and Services Tax (GST).
Stating that the world belongs to entrepreneurs, Khamo said understanding people and responding to their needs is essential for development and progress.
He added that nurturing entrepreneurship through guidance, support and promotion forms part of his personal, political and party's vision.
He advised the participants to begin their entrepreneurial journey with faith in God and, upon achieving success, to extend support to the weaker sections of society.
Khamo observed that many people blame a lack of money or family background for their failure in business.
However, he said God has endowed every individual with the ability to think, adding that thinking is the real capital, enterprise is the path and hard work is the solution to success.
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He said a willing heart is the key to success and stressed that the brightest minds should venture into business to bring about economic transformation.
Calling for a movement to promote locally produced goods, Khamo said local products should be developed to compete in markets beyond Nagaland.
He also described the Chief Minister's Micro Finance Initiative (CMMFI) as a viable scheme that aspiring entrepreneurs should utilise to establish and expand their businesses.
Highlighting opportunities in the sector, Khamo said food processing and value-added food products offer immense business potential.
Khamo further encouraged entrepreneurs to cultivate a positive attitude, work without unrealistic expectations, remain focused through hard work and avoid pessimism.
Determination, he said, is the essence of success.
Earlier, the welcome address was delivered by Vevohu Epao, president of the 18th Chozuba AC NPF, who appreciated Khamo for initiating the programme to empower the business community and nurture entrepreneurship.
He also encouraged participants to make the most of the opportunities available to them.
The programme was chaired by Razukuyi Khusoh, president of the Youth Wing, 18th Chozuba AC NPF.
An interactive discussion session followed, featuring Sevonyi Keyho, chairman of the Chozuba Town Council (CTC), and Thepukrayi Nienu, general secretary of the 18th Chozuba AC NPF.