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Avoid financial indiscipline if you want to be successful- CEO of Quick Credit to young entrepreneurs

Founder and Board Chairman of Quick Credit and Investment Micro-Credit Limited and Founder and CEO of Quick Angels Financial Limited, Mr. Richard Nii Armah Quaye has noted that, financial indiscipline has been the major pitfall of many businesses especially, the start- ups, and have had their dreams of growth and expansion tumbled into the drain.

These businesses, mostly do not even go beyond six (6) months after their elaborate launch.

Richard Quaye noted the need for entrepreneurs to have a build-in systems in their businesses that would stand the test of time and ensure stability in their dealings and operations.

Mr. Quaye was speaking at an occasion that coincided with his birthday where he rolled out a contest of people in need of capital to send in applications.

This was part of activities towards his birthday, and also to support emerging entrepreneurs.

Ten (10) lucky winners of this contest were unveiled and awarded GHC 25,000 cedis each as a seed capital from about 1,300 contestants.

After 6 months, the 10 young entrepreneurs would be assessed and those whose businesses would be on the right track would be fully financed to innovate and create more jobs.

He noted that, for a sustained business regime, attitudes, consistency and discipline are vital tools, and any business that flouts these basic principles would pay dearly.

Right decision making, he said is another critical factor in the growth of businesses as one on daily basis, has to make a critical decision.

Godfred Sey /Ahotoronline.com

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