Entrepreneurship is vastly gaining momentum across the world. Many of the world changers today are entrepreneurs who have taken to different industries with prospects for success. Entrepreneurs open the world to new business opportunities consequently spurring economic growth and innovation.
2020, was quite the year for business owners due to the outbreak of the coronavirus pandemic that brought business activities to a halt. We spoke to business executive Ryan Hoggan, one of the entrepreneurs who have managed to thrive amidst a global storm in the business world at large.
Why did you choose entrepreneurship?
I would like to preface this by saying entrepreneurship has been my life. I chose to dedicate my life to business development and innovation.
This is because of my quest for identifying problems and solving them. Entrepreneurs are game-changers and I want to be remembered as one.
What is the core of your business as an entrepreneur?
In the advent of the start-up generation, many people limit the definition of an Entrepreneur to ‘A person who starts their own business.’ I personally believe this so-called definition doesn’t even begin to shake the dust off.
For me, it’s all about doing good. It’s all about brining something of value.
In your opinion, what are the benefits that come from being an entrepreneur?
That’s a whole lot, I must admit. You get to enjoy diverse perks but the most notable is the comfort you derive from owning your business. Being at the helm of affairs at your enterprise comes with its fair share of excitement and commitment.
I would also say that I’ve enjoyed flexible work times and a greater sense of independence. Entrepreneurship allows you to meet diverse people and eventually select the individuals you’ll like to work with.
To put the icing on the cake, there’s a great level of satisfaction that comes with building a business environment that closely aligns with your ideals.
Businesses were stalled during the wake of the Covid-19, what measures did you take to ensure that your company kept running?
Leading a business through an unprecedented pandemic was no piece of cake for me, given that part of our activities involved the shipment of our products.
Fortunately, I utilized the opportunity to oversee our supply chains more than usual and ensured we remained on track to fulfill orders. We also focused more on product innovation, particularly health-focused products.
Mr. Ryan, what advice would you give to prospective start-up companies in 202
Most importantly, choose the right industry! Kickstart with industries that are safer to begin businesses – an idea that I’ve advocated for over time.
Tap into the opportunities in those industries and develop a durable business strategy. I also believe that in an economic recovery year like 2021, branding will improve business image and marketing structures.
Why 2021 Could Be the Best Year For You to Start a Company
Ryan Hoggan – Venture Capitalist (Exclusive Interview)