Be financially disciplined to succeed as an entrepreneur –CEO,QUICK ANGELS
Richard Nii Armah Quaye, CEO of Quick Angels Limited has said that for any entrepreneur to succeed, the fundamental foundation is discipline. He disclosed this at the 3rd edition of the GIPC's Entrepreneurs Forum.Speaking at the event under the theme Grow, Accelerate, Lead, Mr. Quaye said entrepreneurs only succeed when they do proper management of their finances.
‘’Most entrepreneurs are not succeeding because of lack of funding rather financial indiscipline. The misappropriation of funds by some entrepreneurs is a major reason they do not survive, he opined. He added that an entrepreneur can have all the brilliant ideas, the skills, the funds and expertise or expert advice, however if he/she is not disciplined financially he/she will end up nowhere.’’
Speaking on the GIPC partnership, Mr. Quaye noted that GIPC‘s role or focus on nurturing and mentoring entrepreneurs is a laudable initiative. He added that it’s in line with Quick Angels vision of supporting potential and existing entrepreneurs as well as businesses that want to expand with equity financing ,mentoring and giving expert advice hence the need to support such a venture . "The best funding for any start up should obviously not be debt finance", he said. He recommended Angel investing as the best funding model for any start up business.
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An investor company with special interest in assisting start-ups and business growth in the country has been launched in Accra.
Quick Angels, an indigenous investor company, has launched its operations with a pledge to contribute significantly to the economic growth and national development.
The company seeks to offer seed equity financing for startups, help expand existing businesses by making available the requisite equity capital and premium management expertise.
Quick Angels also invest by partnering already existing Small and medium Enterprises and Indigenous startup businesses with the aim of providing strong financial returns.
Mr Richard Nii Armah Quaye, the Chief Executive Officer of Quick Angels Limited, speaking at the launch of the business, said ‘’ I have come to appreciate the challenges entrepreneurs go through with my experience as an entrepreneur”. READ MORE.....