President of the Georgetown Chamber of Commerce and Industry (GCCI) Lance Hinds has told Stabroek Business that the creation of a culture of entrepreneurship in Guyana must be reflected in an instinctive inclination among young people to establish their own businesses.
Hinds said that while young university graduates were always likely to seek paid employment it would be encouraging from a business perspective if more of them were to “back themselves” to succeed in business. Asked about the constraint of startup capital likely to confront the potential young entrepreneurs, Hinds said while it was true that it was an issue it should not prevent young, qualified Guyanese from pursuing the option of self-employment.
The Chamber President disclosed that in August, the organisation was hoping to collaborate with several youth organisations including Youth Challenge to host a forum at which small business aspirants and qualified young people will be sensitised to the virtues of starting careers in business.
During his second extended interview with this newspaper since his election to the presidency of the Chamber earlier this year, Hinds identified five “pillars” – expansion of entrepreneurship, expansion of