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Entrepreneurship- the basis for rural development

Entrepreneurship- the basis for rural development

13 September 2011 at 10:07

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Rural development is more than ever before linked to entrepreneurship. Institutions and individuals promoting rural development now see entrepreneurship as a strategic development intervention that could accelerate the rural development process. Furthermore, institutions and individuals seem to agree on the urgent need to promote rural enterprises: development agencies see rural entrepreneurship as an enormous employment potential; politicians see it as the key strategy to prevent rural unrest; farmers see it as an instrument for improving farm earnings; and women see it as an employment possibility near their homes which provides autonomy, independence and a reduced need for social support. To all these groups, however, entrepreneurship stands as a vehicle to improve the quality of life for individuals, families and communities and to sustain a healthy economy and environment.

1Keynote paper presented at the Seventh FAO/REU International Rural Development Summer School, Herrsching, Germany, 8-14 September 1994.
T. Petrin
FAO, Regional Office for Europe! Viale delle Terme di Caracalla, 00100 Rome, Italy

Revolution

Everyone is friend when you are successful

Hope for the best

Don't Wait for Salary and Start some business

Switch to Entrepreneurship instead waiting for the growth of your salary while all other factors have already grown so much.

Weird Story of Opportunity in Crisis

One of my friend is a store manager in a popular grocery store in Copenhagen in Denmark. One day a person stolen some packs of cigarettes and they caught him red hand and took him to the office for giving him a warning. They gave him a five minutes lecture with a strict warning and left him go.

Now what happened when they caught him and took him to the office, he has returned back all the cigarettes during the warning session and sought apology.While going out of the office, he has taken away manger's i-phone from that was lying on the table.

Weird Lesson:  The thief made a good use of opportunity in the crisis policy while he was giving explanation he has taken silently the cell phone.

Similarly in management, we must create opportunities in crisis as there is always a better option visible through the span of crisis.

Another lesson is to stay calm and confident in every crisis like situation that will pave more way and higher returns.