VAIDS

Monday, January 29, 2018

Tony O. Elumelu Speaks on the State of Start-Ups at the World Economic Forum

This week’s World Economic Forum in #Davos culminated for us when our Founder, Tony Elumelu spoke on a panel – his brainchild to ensure that start-ups and the business ecosystems they strengthen are recognized as a viable conduit for widespread business development - the State of Start-ups. 

The session, borne out of a letter he wrote to Forum Chairman Klaus Schwab and streamed live from the Congress Center, highlighted the incredible progress startups have already made in creating employment.
During the session, Mr. Elumelu proffered advice for all entrepreneurs confronted by failure, saying, “The world celebrates only success, but it’s important to teach people resilience, about tenacity, that brings success. 

An entrepreneur’s path is not linear, it’s up and down, but at the end of the day when you plot it, you see upward movement. Failure is a given and there are specific tools: one, you should be very resilient, two, you must think long term, because if you think long term, short term failures wont set you back so much. 

And most importantly, be laser focused and know that success will come at the end of the day if you are focused and tenacious.” 

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