SMEs

Banker Tasks Entrepreneurs On Risk-Taking

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A renowned banker and the first female managing director of Access Bank, Mrs. Mosun Bello-Olusoga,  has charged entrepreneurs to be innovative and take calculated risks to stay afloat in a shocking global economy.
Speaking during a business forum organised by the Lagos Country Club, with the theme, “Leveraging Innovation for Entrepreneurial Success”, she recounted how Guaranty Trust (GT) rewarded innovation and risk-taking for staying ahead of others in Nigeria’s banking sector.
She stressed that risk-taking should not be penalised, as it could discourage innovative ideas in the workplace.
While recounting innovative benefits, she said, “Eepreneurs are the engine of any economy, Nigeria inclusive. Innovation types include products, services, processes, and marketing innovations.
“Technology is changing how we do business, depending on your organization”.
She noted that innovation culture is not one size fits all, but that “innovation culture encourages customer feedback. Being customer-focused makes entrepreneurs pioneers”.
Bello-Olusoga stressed the need for entrepreneurs to be up and doing in their businesses, adding that without being innovative, it would be difficult to be ahead of others and also retain customers.

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