Entrepreneurship in action
The Shell Tameer Awards celebrated 10 young entrepreneurs in Karachi recently. To understand the significance of the Awards and what it means to be a young entrepreneur, one must have a better understanding of what entrepreneurship is.
By definition, entrepreneurship is the willingness and capacity to undertake the conception, organisation and management of a productive venture, being aware and open to risk, while seeking profit as a reward. This further leads us to why entrepreneurship is relevant to and important in Pakistan. We are a country where half our 180 million people are under 25, with the population number set to double to 360 million by 2050. The only way to ensure that this sea of humanity gets jobs is by ensuring we produce entrepreneurs at a pace which is in line with the numbers. Yet we are reaching a point where there will be too many people entering the workforce and not enough jobs. It is up to entrepreneurs to create more jobs.
According to Muhammad Saifullah Malik, Project Coordinator for Shell Tameer at Shell Pakistan, “Promoting entrepreneurship is an essential ingredient for building a strong economy; and providing sound macroeconomic policies and market access to our young entrepreneurs are both crucial. Shell Tameer is committed to helping young people across all four provinces, irrespective of socio-economic, educational or religious background. Shell Tameer encourages them to start a business as a viable career option by providing free information, counselling, support and training.”
Every year, the Awards are an opportunity for 10 finalists to showcase their work and business achievements among members of the business, industrial, academic and entrepreneurial communities. Here we catch up with the four winners.