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BYLC summit: Reinvention is instrumental for success in business

  • Published at 10:50 pm July 12th, 2019
Youth Leadership Summit 2019_Courtesy
A panel of entrepreneurs discuss how the youth can prepare to start their own ventures on the second day of BYLC’s Youth Leadership Summit 2019 on Friday Courtesy

Most entrepreneurs around the world have become successful by reinventing their product, team, and market

Aspiring entrepreneurs should be ready to take risks and learn how to reinvent their business to become successful, speakers said at a discussion in the Youth Leadership Summit 2019.

They came up with the view at the discussion titled "Entrepreneurship" on Friday, the second day of the summit organized by the Bangladesh Youth Leadership Center (BYLC) in the capital, a press release said. 

The panel, consisting of reputed entrepreneurs of the country, provided a practical orientation to the delegates on the opportunities and challenges of entrepreneurship, and how today's youth can prepare themselves to start their own venture, it said. 

Pial Islam, Managing Partner of pi STRATEGY, who was also a moderator of the panel, said reinvention is the key to stay relevant. 

He said: "Most entrepreneurs around the world haven't become successful by staying in the same place. They have become successful by reinventing their product, team, and market."   

Ivy H Russell, founder and CEO of Maya, Bijon Islam, CEO of LightCastle Partners, and OvickAlam, co-founder of WebAble attended the session as panelists. 

A concurrent panel on "Leadership for the public good" was also organized on the same day. 

"A key purpose of leadership is giving voice to the voiceless and marginalized groups of society," said Dr Abdun Noor Tushar, CEO of Nagorik TV. 

Md Ahsanul Arefin Chowdhury, e-learning expert, a2i Program, Rayhana Taslim, project director, Establishment of 9 Government Secondary Schools Project, DSHE, Ministry of Education, and Shakil Ahmed, associate director, Public Affairs, Teach for Bangladesh, spoke as panelists at the session.