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DIMAPUR — Nagas have the potential and capabilities to excel as entrepreneurs, but many close down their business a few months after setting up or do not progress, due to lack of patience, opined Moatoshi Longkumer, Advisor of Labour, Employment Skills and Excise Department.
He was addressing the gathering on the third day of the 2nd Nagaland International Trade Expo, on Saturday, at Senden Riju in Purana Bazaar, Dimapur. The ongoing event is organised by the Business Associations of Nagas (BAN).
Many entrepreneurs close down their business after 3-4 months, indicating that “we do not have the resilient and patience to work hard”, he pointed out, while encouraging local business persons to maintain consistency, work hard and not depend on others “alone”.
Stressing the need to learn the art of saving, he said Nagas have the habit of consuming more than they earn.
“We should also change our way of living and welcome others; we should change our attitude as we cannot do business alone,” he said while urging entrepreneurs to work hard and take up business.
Speaking to media persons after visiting the stalls, he lauded the BAN for putting an impressive show. On the prices of items at the stalls, he said it depends on the products, but there won’t be buyers if too expensive.
Entrepreneurs should understand that they should know and meet consumer’s demands, he added.
When asked about the Nagaland Liquor Total Prohibition (NLTP) Act, he said that he did not want to comment either “to lift” or “not to lift”. He, however, said that all the illegal spurious joints will automatically vanish besides opening the avenue for the state to generate more revenue, as consumers will stop going to neighbouring state to buy alcohol, if the Act is lifted.