• Monday, Mar 01, 2021
  • Last Update : 12:25 pm

ED: Keeping the spirit of enterprise alive

  • Published at 09:24 pm August 22nd, 2020
entrepreneur
Photo: BIGSTOCK

This is a time for entrepreneurs across the board to tackle the new demands of the new normal

These are difficult times, economically speaking. Big business has been hit hard by the Covid-19 pandemic, and there is no way to tell for sure how long it will take for Bangladeshi businesses to regain their footing.

This crisis, after all, is not just our own, but is closely tied with the global supply chain. No one can, with certainty, answer the question of when, if ever, business practices will return to pre-pandemic ways, but until then, we must keep innovating.

This is a time for entrepreneurs across the board to tackle the new demands of the new normal. It is, therefore, more than ever, a time for change and innovation. In the world of the free market, businesses know that they must profit or perish, and in our current unforgiving scenario, many businesses have had to permanently shut their doors because their models were no longer sustainable.

In a recent meeting with the BEZA governing board, Prime Minister Sheikh Hasina has urged the authority to promote small entrepreneurs, particularly young entrepreneurs. It is not enough to work towards attracting foreign investment. Our own entrepreneurial potential must also be unleashed.

During this Covid-19 period, when new, inventive, and out-of-the-box thinking is required, as many of the old models are no longer holding up in this unprecedented crisis, young people are our best bet. So far, we have not sufficiently encouraged new types of thought in the business world, and the opinions and activities of the young have often been shut out. But in these tough times, they are the ones who will keep the spirit of enterprise alive. We need to support their endeavours with all the resources we can give them.

62
Facebook 62
blogger sharing button blogger
buffer sharing button buffer
diaspora sharing button diaspora
digg sharing button digg
douban sharing button douban
email sharing button email
evernote sharing button evernote
flipboard sharing button flipboard
pocket sharing button getpocket
github sharing button github
gmail sharing button gmail
googlebookmarks sharing button googlebookmarks
hackernews sharing button hackernews
instapaper sharing button instapaper
line sharing button line
linkedin sharing button linkedin
livejournal sharing button livejournal
mailru sharing button mailru
medium sharing button medium
meneame sharing button meneame
messenger sharing button messenger
odnoklassniki sharing button odnoklassniki
pinterest sharing button pinterest
print sharing button print
qzone sharing button qzone
reddit sharing button reddit
refind sharing button refind
renren sharing button renren
skype sharing button skype
snapchat sharing button snapchat
surfingbird sharing button surfingbird
telegram sharing button telegram
tumblr sharing button tumblr
twitter sharing button twitter
vk sharing button vk
wechat sharing button wechat
weibo sharing button weibo
whatsapp sharing button whatsapp
wordpress sharing button wordpress
xing sharing button xing
yahoomail sharing button yahoomail