ANYONE CAN BECOME AN ENTREPRENEUR

Entrepreneurship is a concept that is being reinvented in the modern recession globalized economy. The concept is really catching on like fire especially in Africa where most of our history has been full of dependency. This dependency is as a result of our strong values in favour of personal relationships that seem to be unhealthy for businesses success in the globalized market. We so cherish our personal relationships so much that, we don’t see anything wrong with giving our products and services for free to anybody we feel close to or emotionally attached to. It can be found either through family, friendship or religious affiliation.  

In Africa, a few educational institutions are therefore preparing syllabi to meet this great need. An instance is the Centre for Entrepreneurship and Enterprise Development of Kumasi Polytechnic - Ghana that is charting a great course in terms of quality entrepreneurship education in Africa.   

However, one of the greatest things about entrepreneurship is that anyone can become an entrepreneur. In general, there are no laws against starting one's own business. The sort of businesses created is subject only to the entrepre­neur's vision and passion. Some businesses entail basically no capital, while others may necessitate millions of Ghana cedis or dollars to launch.

One of the major concerns apart from financing has been location. But locations of businesses are subject to the entrepreneur's personal choice and/or market demands. Businesses may be started on a part-time basis with little intent of making the business a full-time career. Others may be started in such a way that a person's entire mind, body, spirit, and finances are on the line. In the first case, failure is of no particular consequence; in the latter case, failure is everything.

Entrepreneurship is such that, anyone can start a business, but some have a higher chance of succeeding than others. This probability is a function of how much previous experience and management skills one has, how much capital can be obtained, how well the idea or opportunity was researched before the launch, and how effective the strategy is especially in this competitive times.

To some extent, entrepreneurship is part the luck of the draw and part how well the game is played as it is in gambling. The "game" in entrepreneurship is the things outside the realm of the entrepreneur's control. They include the economy, the dynamics of the industry, the availability of capital, and a surfeit of unknown but possible events that may or may not be predictable. Little can be done about how the game is dealt with.