Youth learn from entrepreneurs

youth learn from enterpreneurs.jpg

The Namibia Football Association (NFA) together with SMEs Compete hosted an Entrepreneurs Round Table last week, providing unique opportunities for those who are already in or desire to venture into business as well as for business minded youth, to learn from entrepreneurs with a record of accomplishment in business.

A panel comprising of six established and prominent entrepreneurs shared their entrepreneurial journey and engaged with young entrepreneurs and high school leaners attending the event.

One of the panellists, Navin Morar, founder and owner of Chelsea Fashions, advised young people to keep their eyes open for opportunities in their community because meeting such needs usually results in business success.
Morar who is also a property developer, added that young people should start thinking out of the box and not be afraid to be different.

Another panellist, David Namalenga added that business success requires hard work all the time, but that the reward to be gained from owning a successful business is immeasurable, not only in monetary terms, but from the satisfaction that you are creating jobs and helping to grow Namibia’s economy.

Namalenga is the managing director of Dinapama, a clothing making business that employees nearly 400 people.

Of the other four entrepreneurs, Albertina Amupolo designs and makes clothing, Julius Gaweseb runs a fleet of 50 buses and provides transport for tourists and Benjamin Groenewaldt has a fleet of ten large trucks that delivers goods all over Namibia and into neighbouring countries. In turn Nathanael Nuulimba provides nature conservation consultancy services and sells a range of solar lights and water purifying filters.

“I want to go into the fashion business. I will put to good use the advice received from the people who went thought the struggles of being an entrepreneur. With the help of SMEs Compete finding financial help won’t be that much of a problem”, said Anna Mwatara a grade 10 learner at Jacob Marenga Secondary School.

SMEs Compete was founded in March 2006 and helps entrepreneurs grow their businesses. The firm provides business mentorship, skills development training, structuring partnership and compliance with responsibilities that go hand in hand with business, amongst many other activities.

The Entrepreneurs Round Table will be followed by a Basics of Business development programme at the NFA Girls Centre on the 25 and 26 July. Then there is another Entrepreneurs Round Table which will take place on 12 September. The venue for the business skills training and the next Entrepreneurs Round Table will again be NFA Football House in Katutura.

These initiatives are supported by the Deutsche Gesellschaft fur Internationale Zusammenarbeit (GIZ) on Behalf of the German Federal Ministry for Economic Cooperation and Development (BMZ)