Mr. John Armah, Chief Executive Officer of the Orios Group, a business advisory support company based in Accra, has attributed the consistent failing of start-up businesses owned by young people to “unreasonable haste” to start.
Speaking to Leadersgh.com on the sidelines of a business startup campus tour event at the Ghana Institute of Management and Public Administration (GIMPA) in Accra, Mr. Armah said many young people are interested in the fancy part of the entrepreneurship and not hard work.
“There’s a mad rush by young people to be entrepreneurs because is it fanciful, nice, plush but entrepreneurship is hard work. For you to succeed, you need to have the right structures in place beyond the passion that you have. For most people, what they are doing is not aligned with what they are meant to do,” he opined.
He added that “for most people, what they are doing is not aligned with what they are supposed to do.”
Mr. John Armah is currently leading a team at the Ghana Center for Entrepreneurship, Employment and Innovation (GCEEI), a subsidiary of the Orios Group on a tour of various tertiary institutions in the country on “How To Be An Entrepreneur.”