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The Straits Times / The Business Times News on HG Metal

Nothing ventured, nothing gained

CEO Wee Piew advocates an early start to encourage entrepreneurship in Singapore

Aug 7, 2006
The Business Times 

A conducive environment for risk-taking and entrepreneurship must be in place first before entrepreneurs can be created. Singaporeans are too used to taking the 'safety first' route. They worry about the risk of failure and the social stigma of bankruptcy. Most importantly, society's mindset has to change to a 'nothing ventured, nothing gained' mentality.

And what better way to encourage entrepreneurship than to start with our youths? Our secondary schools can include stories and case studies of entrepreneurs which the youths can relate to, for example, Bill Gates, in their curriculum. They can also do projects like running a small business, etc. Schools can also invite local entrepreneurs to hold talks and discussions with the students.

- Wee Piew
CEO, HG Metal Manufacturing Ltd

 

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