“We believe that you can’t wait for government and big business to create change,” he says. “Instead, the best approach is to develop local and national economies from the bottom up by nurturing young fledgling businesses. Many major companies had their beginnings in bedrooms and garages, after all.”
Universities churn out degreed people who often battle to find meaningful work, Ian explains. Those who do succeed are those who use the technology at their disposal, who develop innovative solutions, who cut out the middle man and who develop their own supply chains and networks. “We need to equip entrepreneurs with the skills they need to create these sorts of businesses,” he adds. Of course, we need to do this now more than ever.
When the world recovers from Covid-19, it’s likely that it will be more entrepreneurial and entrepreneur friendly than it was before. This experience has reminded us that nothing is certain, and that the businesses that can react quickly and flexibly are going to be the ones to succeed. Perhaps we are starting to rethink the world of business and commerce.