Healers of Depression
The world economy is at its worse, since the great depression of the 20th century. Nations around the world can feel this impending crisis that could result to a catastrophic world disorder. History has taught us that in times of depression, even the mighty nations crumble, with its might brought down unto their knees. The great depression had been a lesson that whenever economic imbalances occur, it affects the world economy, and gravely inflicts unto every nation an intolerable suffering that results to chaos and disorder.
What the world needs now are entrepreneurs, individuals with the ability to come up and determine the proper combination of the resources available in his environment transforming this into an output of either goods or services obtaining a fair profit at the price he fore sees. He uses several factors :factors brought about by his education, his keen observation and interaction with his social and natural environment; turning his ideas into profitable products or service for the good of humanity.
Why Entrepreneurs?
* Entrepreneurs turn problems into something positive, analyzing them and turns them into something profitable. He discards the problem, creating a demand that had not existed before. Recycling of solid waste into something profitable such as waste to energy and recycling plants transforming waste materials into something profitable; Entrepreneurial on renewable energy such as solar, wind and water are good examples of this entrepreneurial virtue. Thus saving the planet from the threat of global warming, minimizing its effect and in turn generate mass employment deterring recession.
* Entrepreneurs are people with creative ideas, innovators, change advocates that deals with social problems, converting them into profitable ventures uplifting society’s way of living leading to productivity and progress. Outreach to poor communities using the essence of Social Entrepreneurship. Train individuals to rely on their own skills and resources. Government and non government entities should promoting their products and service with Global 8 nations giving support to Global 20 developing counterparts..
* Entrepreneurs apply total quality management on all his works, he ensures to have something done right the first time. He organizes, manage and combine all the factors of production, marketing, finance and human resources into one solid synergistic enterprise.
* Entrepreneurs are risk takers. He carefully calculates risk and is willing to invest his resources in an idea he formulated, confident that his idea – brought about by an intensive research and development- would help uplift human living conditions. Making the impossible possible. Being an optimist and always rely on in his instinct through intensive research and risk analysis.
* Entrepreneurs desire to make profit and makes use of additional resources for expansion and diversifying into other endeavors. An entrepreneur does not rely only on a single business. He vertically and horizontally grow his ventures.
* Entrepreneurs are business administrators, team players, opportunity seekers, creative individuals, who are independent, self confident, and with ethical values that understand every human ethical standards, discarding discrimination on religion, race or social status.
* Entrepreneurs generate employment, they eradicate poverty, hunger and ensure social balance. With the help of foreign investors and loaning institutions, entrepreneurs within G20 developing nations can overcome depression, Global 7 nations should spearhead such an endeavor.
* Entrepreneurs are visionaries, they believe in what they do. Entrepreneurs brainstorms alongside its manpower, from the top level management down to the lowest company utility man. He includes everybody within the organization. Respecting their suggestions, and implement whatever positive outputs brought about by an intensive brainstorming within the organizational human structure.
What the world need right now are people with entrepreneurial mindsets It needs builders of society, creators and innovators of modern culture and science. Let us learn from what history have taught us about the great depression. Let us not let this menace happen again. The world economy is sick, and it needs immediate attention. We must act fast and avoid doing the same blunders And entrepreneurs can help solve this crisis.
Source:
PinoyCrusader| Entrepreneurship|
