THE BIG SMALL IMPACT

To every economy, there is the Big Small Impact

This is what we refer to as Start-ups.

Start-ups have a crucial and vital role to play. Start-ups may be small companies but they play a significant role in economic development. They create more jobs which mean more employment and more employment means an improved economy. Not only that, start-ups contribute to economic dynamism by spurring innovation and injecting competition. Through technological innovations, they extend the productivity frontier of companies and societies and create new opportunities to make high return investments in increased complexities before those diminishing returns again set in.

During its inception, a start-up is not easy. However, tips such as signing up real customers, engaging with your community, planning ahead and eliminating distractions, will aid the longevity of such start-ups.

Start-ups may be small but they create ripples in the economy that change people’s way of living.?

They have what we call the Big Small Impact and their importance cannot be overemphasized!!

Composed by OGUAMANAM ADRIANNA