Dr. Mrs. Ellen Hagan, Founder and Chief Executive Officer (CEO) of the country’s premier human resource consultancy, L’AINE Services Limited, has tipped young and aspiring entrepreneurs on how they can be sure whether their interest in a business is genuine or not.
There have been instances where people have started businesses and given up at some point because they lost interest in it. Ellen, speaking with Rev. Erskine on the Y-Leaderboard Series which airs on YFM’s Myd-Morning Radio Show, gave a solution to this.
She observed that usually, when people put so much effort into starting a business that they think they have interest in, they may lose interest when they keep making mistakes, especially when it involves resources going waste and having to spend extra money replacing them, and hence, it is important to start as an apprentice.
“My suggestion is that you start off by being an apprentice or studying at the feet of someone so you develop some skills, including making some mistakes on an established business man’s turf rather than yours”, she said.
The CEO in conclusion noted that starting off as an apprentice is the ideal because then, they can take their time to develop their expertise and build their confidence, as well as learn what not to do so as not to sink in the business.
Dr. Mrs. Ellen Hagan is a human resource practitioner with over 25 years of experience. She has represented the Ghana Employers’ Association (GEA) during International Labour Organization (ILO) conferences on numerous occasions. She is also an Honorary Fellow of the Boardroom Institute of the Graduate School of Governance and Leadership.
By: Maureen Dedei Quaye