‘Innovation holds key to success’

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LAHORE: Starting a business and commitment to its success is not only a victory of a businessman but is also a great service to the country as it generates revenue for the state and produces employment opportunities.
It was crux of the speeches of LCCI President Irfan Iqbal Sheikh, Mian Zahid Jawaid Ahmad and LCCI Standing Committee on Training & Development Convener Sadia Rana while speaking at a seminar on “How to be successful in business” at the Lahore Chamber of Commerce & Industry. Dr Maaz-ul-Hassan, Sultan Mehmood, Farhan Khan, experts, scholars and seasoned international and national business leaders also spoke.
The speakers said that Pakistan has a strong potential to grow and nurture businesses in the country. We need strong will to ensure our presence and growth in any kind of circumstances.
LCCI President Irfan Iqbal Sheikh said that Pakistan was still an emerging market that has created challenges for the starting and doing business. For the success businessmen, particularly young entrepreneurs should have an eye on innovation and follow those business groups which got success despite lack of resources.
LCCI President Irfan Iqbal Sheikh said that innovation holds the key to success for young entrepreneurs therefore they should have an eye on global patterns while doing their businesses. He said that the Lahore Chamber of Commerce and Industry is doing the needful for the upcoming entrepreneurs through seminars and workshops.
He said that the country was in dire need on innovative entrepreneurs. He said that there was no dearth of resources in the country but only thing that has kept it behind was the unawareness about the latest business techniques and methodologies.
Convener Sadia Rana said that Pakistan has some of the best infrastructure, agriculture, and natural resources in South Asia. In addition, there were a number of initiatives from government to boost the entrepreneurial culture. She urged the young entrepreneurs to focus on quality while dealing with their foreign buyers so that their product could win a good share in the global marketplace.