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What should authorities do to make it more easy for young people to join a certain market and start competing with larger players?
Young entrepreneurs are just as valuable as others; they have a unique way of looking at things, but it yields the same result. The market should be their playground and the best way for a young entrepreneur to get started with a project is to start with a specific skill or ability; some have the knack for writing, selling, communicating at a high level … etc. They can use these skills heavily to their advantage and start there and grow rapidly; naturally, it will be hard, long, filled with experience pitfalls, and sacrificial; nevertheless, it will be rewarding and forthcoming to who is willing to spend the time and effort; sacrifice their leisure time and family time in order to form the enterprise they want. The market will form, change, advance, and resize; young entrepreneurs should always adapt to those changes and cling to what they can do, take advice from the ones that made it, attend gatherings that discuss the market and what it has available for them to take advantage of, and find the niche the enables them to forge hard to their goal. The successful entrepreneurs should enable the market (from their point of view) to form entry ways for the young ones to be able to hang on to something that enables them to fight their way through; there are no shortcuts, there are no free lunches…
youg entrepreneurs are more reactive, it does not means that they can aim all the market, it means that they can find the way to earn high.
Well, imagine if everyone could do that! Then entrepreneurs would not be so special breed. One way of doing it is to minimize the risk of failure by evaluating the value proposition as a key ingredient to a stable stream of customers. In comparison to large players, a degree of flexibility can be considered as an advantage.
Thanks for invitation,
I do believe that:
1- Concerned authorities have to demonstrate some legal actions, policies and procedures in order to allow entrepreneurs to well compete in the domestic markets or even encouraging them to inter new export's market as well.
2- Also, banks and financial institutions has to review their credit and financial policies, in order to attract those clients, sharing them their ideas and providing them with advises.
3- Entrepreneurs, has to work hard on themselves by spending more time in training and studying how to well manage their own business effectively and efficiently.
