By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Youth Village KenyaYouth Village KenyaYouth Village Kenya
  • Home
  • Education
  • Employment
  • Entertainment
    • Celebrity News
    • Celebrity Interviews
    • Sports
    • Fashion
    • Politics
    • Tech
  • Opportunities
  • Health
  • Contact Us
Search
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Reading: 5 Responsibilities Of The Entrepreneur
Share
Sign In
Notification Show More
Font ResizerAa
Youth Village KenyaYouth Village Kenya
Font ResizerAa
Search
Have an existing account? Sign In
Follow US
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Youth Village Kenya > Blog > Business > 5 Responsibilities Of The Entrepreneur
Business

5 Responsibilities Of The Entrepreneur

Editor
Last updated: 2023/10/25 at 6:01 PM
Editor
Share
6 Min Read
SHARE

As a human being and member of a society you have several responsibilities, both with the people around you and with the environment and with yourself.

Contents
1.Your customers. 2. Your employees. 3. Your society. 4. The environment. 5. With yourself.

When you decide to be an entrepreneur, these responsibilities change because, as a business owner, (and, therefore, employer and seller of products or services) you have the opportunity to make a real impact on others.

As Uncle Ben, of Spiderman would say: “a great power carries a great responsibility”. To be a successful entrepreneur you must fulfill your responsibilities towards these five “publics”:

1.Your customers.

Richard Branson, CEO of Virgin Group, bases his business strategies on the client, always trying to satisfy him in the best way. Successful companies also do it and that’s why they have succeeded over the years. Your responsibility to the client is to offer the highest quality products and services, provide the best service and never to get a sale.

A good entrepreneur is honest and gives a good price / benefit ratio. Never use marketing to deceive or sell false expectations. It fulfills its promises and is willing to go beyond the usual to achieve loyalty and consumer satisfaction.

2. Your employees.

The moment you hire your first employee, you are accepting an enormous responsibility: the professional development and job satisfaction of a person depend on good part on you and your company. Therefore, as an entrepreneur and employer, you should try to offer a healthy work environment, where each person is respected and their opinion is considered.

Listen to all your collaborators and worry about their welfare. Remember that they are the ones who work so that your company exists and is profitable and that the better they feel, the better they will do their work. It is important that you give them feedback (and take care of the way to do it), congratulate them on the good results and be honest with them. Within your responsibility is also to give them a fair salary, as well as benefits – at least those dictated by law.

3. Your society.

Entrepreneurs are those who build the wealth of a country; they are those that generate jobs and income. Therefore, from the moment you start your business you must create a good for society, either by delivering services or products that meet needs or by developing solutions for problems such as pollution, poverty or low educational level. Your mission should be focused on creating some kind of good, you also have to fulfill your legal and fiscal responsibilities.

Make sure that your company complies with all the operating laws that are your responsibility and pay the taxes that correspond to you (although it is also important to have an intelligent system of payments and deductions). A good way to follow when developing your idea of ​​Business is to think: What problems does my country have and how can I contribute to solve them in a sustainable way? Now, if your company is not focused on social or environmental objectives, then include some corporate responsibility actions in your model. It can be from donating money to foundations to activities such as planting trees or recycling garbage.

4. The environment.

Global warming and climate change are not words, they are realities that we still have time to reduce their impact. As an entrepreneur, in addition to starting a business that helps reduce pollution or promote recycling, you also have the opportunity to adopt a “green” mentality in your company and allow it to all your employees. Start by recycling paper, doing as much as possible digitally and reusing the print sheets.

Place garbage cans to separate garbage and avoid using disposable dishes, especially unicel. Implement energy saving systems, such as LED lighting, and invite your team to turn off lights and machines when they are not being used. Another idea is to motivate the use of the bicycle and the shared cars in your company. Also, invite them to do activities such as planting trees.

5. With yourself.

One way to transcend life is to create things that remain in time, and one of them is a successful business that has a positive impact on society. So if you bet on an entrepreneurial career, make sure you are following your passion and working on what you like the most. It’s not used having a company that generates a lot of money if you’re not happy with yourself.

Also, it is important that when you are aware of the risks and sacrifices, but also that your health and happiness go first. Avoid wearing yourself out more and stress affects your whole life. Do not stop exercising, eat healthy and sleep between 7 and 8 hours a day. Also, look for a balance in your life and work: do not neglect your family, meet from time to time with your friends and take a deserved vacation.

You Might Also Like

Brivian Fragon’s Rise From Unemployment to Owning Four Businesses in Bungoma

Businesswoman Sarah Mtalii Empowers Women with Job Opportunities in the Gulf

Mark Steve Named Among 100 Most Influential Global Leaders 2025

Noah Nasiali Turns Tragedy into Triumph with Afarmers AgriTech & Leadership Centre

Elizabeth Mwangi Launches Gwiji App to Connect Nairobi Clients with Trained Mama Fua Cleaners

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
[mc4wp_form]
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Editor October 25, 2023 May 28, 2019
Share This Article
Facebook Twitter Copy Link Print
Share
Previous Article Paushinski Looking For Actresses
Next Article Apply For Pangea Startup Kenya Innovation Program To Win Trip To Norway
- Advertisement -

Latest News

Christopher Nolan Confirms Lupita Nyong’o’s Dual Roles in The Odyssey as Casting Debate Intensifies
Entertainment May 15, 2026
Chiki Kuruka Defends African Artists Performing at Africa Summit Le Concert Amid Online Criticism
Entertainment May 15, 2026
Wahu Kagwi Re-Records Sweet Love 20 Years Later in Emotional Mother’s Day Tribute
Entertainment May 15, 2026
Couples Awards East Africa 2026 Unveiled by 2Mbili and Tony Mwirigi, Set to Spotlight Viral Relationships
Entertainment May 15, 2026
Toxic Lyrikali Responds to Claims of Backing Down in Feud With Buruklyn Boyz
Entertainment May 15, 2026
Lilian Nganga Opens Up About Shame After Split From Alfred Mutua, Encourages Embracing Personal Growth
Celebrity News May 14, 2026
Njugush Sparks Reactions After Taking Abel Mutua’s Land Rover To The Market In Hilarious Comedy Stunt
Entertainment May 14, 2026
Vera Sidika Says Love And Chemistry Matter More Than Money In Her Dating Choices
Relationships May 14, 2026
- Advertisement -
Follow US
© 2023 Youth Village Kenya By Nine80 Digital Media
Welcome Back!

Sign in to your account

Lost your password?