Business workshop in Ethiopia

After watching the video of the business workshop in Ethiopia, I realized that people in those developing countries actually have great potential to become successful businessmen. They just do not get enough education in the realm of entrepreneurship, and they are lack of capital to expand their business. According to the video, some business owners in Ethiopia speak perfect English; however, most of them may not have an English tutor or have learned English in School. They have to learn it for themselves. Their learning abilities are impressive and they have the basic concept of running a business.

I found the ARC program amazing because it provides those business people who look for the problems in their firms with business knowledge and improvement plans. This would help them a lot because they now know exactly what goes wrong and how to fix the problems. Moreover, firm owners like Tesfaye really have a brilliant idea about making paper from banana plants. It requires almost minimum cost of production, and the raw materials are easy to access. He currently has the order from a German company, but his products are getting recognized over the world under the help of the ARC. This program will attract some companies from all over the world to come and make deals with local business which will lead to the local economic growth and make people’s life better.

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