Three things you can do for your country, as anentrepreneur (Part 3) - Echeazu Chika

Three things, you can do for your country, as an
entrepreneur (Part 3).
#1. You create jobs, for your fellow citizens.
#2. When you are successful, you not only create
jobs, but you provide services and products
needed in your country.
#3. When you are successful, you create wealth
for yourself and your country.


Let's talk about number 3:
The other day, Apple Computers, became the
most valuable company in history. Its value on the
New York Stock Exchange reached a staggering
$710bn. To put that in context; it is almost half
the GDP of the entire African continent
(estimated at $1.6 Tn)!
We all know what Apple sells: iPhones, iPads,
iPods, etc., These are consumer products,
manufactured by the company, mostly in China,
and sold around the world. The founder of Apple
computers, Steve Jobs, died in 2011.

The company that he left behind, generates billions of
dollars in tax revenues, for his home country, the
United States. This is used to pay the salaries of
civil servants, build roads and other infrastructure,
build schools, hospitals,civil defense and a
powerful army......This is wealth!
I could have said that about Coca Cola, Toyota,
Barclays Bank, Alibaba, Dangote Cement.
Every great business, in the world, no matter how
large it is today, was started by entrepreneurs.
....entrepreneurs, create wealth for themselves,
and also for their countries.... Actually they do it
for their fellow citizens.
Now let me, tell you another secret:
It is not just large companies like Apple, and
Dangote Cement that create wealth. Even a street
vendor, is creating wealth, when he is successful.
Even the guy who sells a packet of sweets or
airtime, is creating wealth. This is economics, 2.0,
which many people do not appreciate.
As an entrepreneur it should be your dream, to
create wealth not only for yourself, and your
family, but also your country.
Now here is another point, which I want to close
with:
As an entrepreneur its important for you to be
successful and profitable, because that is how you
create wealth for your country. However, if you
want to consciously, BUILD your country, then you
must make sure that you pay your taxes.
You will never be a nation builder, if you do not
pay your taxes:
- when you import goods, pay the duties that are
due, according to the law;
- when you sell goods, pay the value added taxes
that are due;
- when you pay your employees collect the income
tax, and give it to the government;
- when you make a profit, give the taxes due on
profits, without waiting to be chased for it.

"Oh how I wish all God's people were
entrepreneurs".

End of series.

More Series on coming up..