Uganda is a young nation with many opportunities that favour business and economic growth but young entrepreneurs must choose something they can nurture well and be remembered for it.
This advisory was made by Rajiv Ruparelia, the managing director of Ruparelia Group while speaking as a keynote speaker at the Rotaract Club of Kampala South weekly meeting that took place at Hotel Africana last week.
“You can either choose to be remembered for business, charity, entrepreneurship or social work,” Rajiv said in his speech adding that everybody will be remembered for something they did in their lifetime.
“If you want to do something start now, nurture it and take your time; teaching your self is a must because nobody will teach you. Work on it, one day you are going to be there,” Rajiv noted.
The young businessman who has slowly but steadily taken over the day to day running of the Ruparelia Group from his father Dr. Sudhir Ruparelia asked the young Rotarians to smell the opportunities and consider starting and building sustainable business enterprises.
The Rotaract Club of Kampala South meets every Thursday at Hotel Africana and last week’s meeting was held under the theme ‘building companies that last’.
The evening meeting was addressed by Rajiv Ruparelia, Prof. Maggie Kigozi, the Director of Crown Beverages and businessman Amos Wekesa, the CEO Great Lakes Safaris, as guest speakers.
The trio shared their experiences on how to start a business and how they have managed to thrive and build them to where they are.
Wekesa said that starting a business early helps build self-esteem and gives strength in scalability. He noted that people who are brave to begin early will never go astray in working and building successful businesses.
“I have run a company for the last 18 years, the things that people want to know are the things they do not want to hear. I started my business out of frustration, after being born from a poverty-stricken family.
Prof. Kigozi, in her remarks, told the Rotaractors to always start small and focus on growing their business.
“All the wealthy people in the city did not start big. If you listen to their stories you will be surprised how they started,”
She warned the youthful Rotaractors who crave for luxurious parties to stop and consider mobilizing money for starting businesses at an early age.
“Do not demand for parties from your families. Organize a family business instead,” Kigozi said.