Business Business

15/11/2017 - 11:31

With low cost, Hue has many opportunities to start a business

500 young people who are students, members of Youth Unions of universities and colleges in the area had a chance to listen to the interesting share about the process of starting a business as well as the knowledge necessary to start the business from the experts, speakers that started their successful careers at "Preparations for Start-ups" forum organized by the Department of Planning and Investment in coordination with the provincial Youth Union in late October.

Expert Nguyen Trung Truc shares his start-up process

New action makes success

At the beginning of the forum, expert Pham Duy Hieu, Director of the National Start-up Fund, called on young people to take action instead of just complaining, thinking negatively. "If people only think but do nothing, I would call it "being obese" in knowledge, it means being afraid to act, afraid to move, just sit on the grandstand and do nothing in order to not take any responsibility. So, instead of just thinking and not acting, we should move, we should act. Be a player, not just an audience, " Mr. Hieu said.

According to Mr. Pham Duy Hieu, in addition to acting, to start a successful business, young people need to have confidence and to trust in their ability, while seeking the best solution.

While saying, "The power is in your hands, if you have faith, you will succeed," the expert gives an impressive example: At one school, there is a particular class with students that no one can teach or train. But, when they hired a very good black teacher to teach her way, the next semester, all the students progressed. The way the teacher did was to motivate the student when she said, "I'm honored to be teaching a class that all students excel." Since then, students learn, train, go to the library in the most positive way because they always think of excellence, so that the results after a year of studying are all students are excellent.

Mr. Pham Duy Hieu tells this story to young people to show that if you think you can do it, then you can do it.

Sharing the same opinion, expert Nguyen Trung Truc, who has been successful in many areas of start-up, as the first one to set up Prudential Vietnam, the first distributor of cars like Mercedes and Motorcycles like Honda, Piaggio, and also the boss of a large bank in Vietnam, asserted the idea is just the necessary condition and the sufficient condition must be daring to act and daring to be different. There could be many ideas, but ​​turning it into a product must be a process, and that process will certainly have failures, lessons learned, but if you do not dare to think, do not dare to act, you will hardly succeed.

The forum attracts about 500 students and members of Youth Union

Many opportunities to start a business

According to Mr. Nguyen Trung Truc, who has traveled extensively, working in many countries around the world, what he noticed and draw from his experience is that without good English, you will lose quite a lot of opportunities. So he urged students to improve their English. If you have good English, you will surely be able to learn, read a lot of good materials, even have a lot of ideas when you look for something on Google in English, you will find what people have been doing for a long time, so if you want to succeed, you will not do what others have done and explore new, different ideas that have national, regional and world-wide scope.

Mr. Nguyen Trung Truc also affirmed that, thanks to many trips, he found that Hue has many opportunities to start a business and above all, the cost of starting a business in Hue is much lower than in other places. Besides, Hue has many legacies, good conditions for starting a business. "Do not think that starting a business needs money, there are actually a lot of companies with no assets, no money, but also successful startups, such as Uber, Grab, they do not have any cars but they run hundreds of vehicles for transportation or as a travel company in the Ho Chi Minh City, they have no museum, no library ... but when there are visitors, they hire such services to bring visitors there, so why don’t we take advantage of relics, scenic spots to start a business, " said Mr. Nguyen Trung Truc

Expert Pham Duy Hieu also said that if you start a business in Hue, young people have more chances to succeed, as they can stay close to family, get support from family, friends ... while starting up in other cities, the level of competition is fiercer, more difficult.

When some young people ask about chances of success or  about the support of the state when establishing a business, experts say that what important is how you do it, because nothing is absolute, no idea can be successful for 100%, but if you do not try, how can you know whether you are successful or not, then the experts encourage young people to bravely start their businesses. If you want to make sure you have the opportunity to succeed, you can get opinions from the market, bringing products for relatives, friends for them to use and give comments…

As for the support from the government, Mr. Phan Thien Dinh, Director of the Department of Planning and Investment, said that there were specific supports for projects or start-up ideas. However, with the founders of businesses, it must be fair when playing the big game, we can not support this business without supporting the others. Moreover, if the enterprises only rely on the support of the State, but they themselves does not try, does not dare to risk or face difficulties, it is hard for them to succeed.

Story and photos: LINH DAN