By Lusako Ng’ambi:
Business entrepreneurs have advised small scale traders to avoing being involving too much borrowing.
The call was made in Lilongwe by Top Trading Group founder, Innocent Makondi at a business conference organized by Business -in – Detail Magazine (BIM).
Makondi advised the up and coming entrepreneurs to start from scratch using available resources to realize good progress.
He cited his example, which he said he started business by selling slices of bread while in college with a capital of K150.00.
He said as of today, he is one of the vibrant upcoming entrepreneurs in the country as well as an emerging youthful multi- millionaire.
“We always have bad assumptions that one needs to have a lot of money to start a successful business. For this country to grow economically, we need to make use of available resources. We need to network, stop working in isolation,” he said.
One of the organizers, Ruth kulaisi said working in isolation is the main contributing factor why people don’t progress in business.
“You cannot go far on your own in the industry, linking up with different people is the only way of growing in business,” kulaisi said.
