Embibe the principle of financial intelligence – Young entrepreneurs admonished
Young entrepreneurs have been charged to tow the line of global best practices by harnessing the principle of financial intelligence to add value to their respective businesses.
This was the focal point of a paper presentation by the State Finance Commissioner, Akan Okon who was a guest speaker at a public lecture put together by Character and Success Project , in collaboration with the University of Uyo, held recently at UNIUYO campus.
Describing financial intelligence as technical knowledge and skills derived from understanding the basic theories of finance and accounting, the Commissioner stated that besides access to funds,an entrepreneurial manager must be financially literate through self development to enable him take concrete steps and wise decisions regarding the smooth running of his business. This , according to him would in turn facilitate strength and viability of the firm.
Reiterating that the key to success lies in ability to focus on vision,hard work, determination and above all faith in God , Mr Akan Okon said it was also expedient for individuals to draw up strategic blueprints with timelines to achieve set targets. He noted that this will stimulate hard work towards actualizing those set goals. He tasked the students to shun anti-social activities but to pursue their studies with vigor so as to excel and become useful citizens of the country.
The Special Assistant to the Governor on Social Re-orientation, Mr. Ekpeno Gold gave an insight on the grass to grace story of his life. He said he took a bold step to start-up a small enterprise few years back on which proceeds from the business saw him through the University, and that the business has now grown to make him an employer of labor, maintaining that it was necessary to take risk by starting up something with a mindset to succeed even amid uncertainty. Mr. Ekpeno pointed out that with God all things are possible and that everyone has a purpose on earth which behoves on each individual to discover God’s purpose for their lives.
On his part, the initiator of the program, Mr. Gideon Ekanem stated that Character and Success Project was conceived as a platform to train and mould the youths on good character, and to also inspire them to strive for excellence. Ekanem applauded the Dakkada initiative of Governor Udom Emmanuel to reawaken people’s consciousness that YES! they can be great which he said was also in line with the objective of his program. He therefore called on Nigerians and indeed Africans to take a step of faith and rise to greatness in order to be at par with their counterparts in developed countries of the world.