Explain the following current issues:

' Youth entrepreneurs and future of Bangladesh' Explain.

Created: 1 year ago | Updated: 1 year ago
Updated: 1 year ago

Bangladesh - a country of potentials whose economy is mostly led by the entrepreneurs of young generation. There are a lot of Bangladeshi young people with high level of energy and enthusiasm. So it is good time for the country to explore its entrepreneurial prospects and capacity. Bangladesh is now a country of huge young population i.e. it has a strong workforce One third of its population is young people who are capable to work right now. They can make any revolutionary change in the economy of the country. But to be an entrepreneur, it is not necessary to be a graduate from business school. Any student from any discipline can be an entrepreneur. Entrepreneurship is an art. Only self-motivated people have the passion to make entrepreneurial excellence. A very small initiative can make a huge difference. It is good to see that the young entrepreneurs are coming forward to initiate startups. Even through they know that is a very challenging task. Managing adequate fund is one of the major challenges for young entrepreneurs. In maintain all initial costs, an entrepreneur needs to engage fund for the longer period as there is no chance to flow cash against these costs. In fact there are only a few funding options for the young entrepreneurs to start their ventures. Many of the young aspirini entrepreneurs can not start their ventures because of insufficient fund. Consequently, many good and potential business ideas are not being implemented even though these ideas may base brought credible positive changes in society as well as in the economy of the country.

In the end, it is conceivable that there are few funding options for the Bangladeshi entrepreneurs and this is not adequate to create an entrepreneurial friendly eco-system in the country. Till now, funding is considered as one of the major barriers to entrepreneurship. Easy access to funding can play a significant role to increase youth entrepreneurship in Bangladesh.

1 year ago

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