Breathe
By Sonia Garza González
World Entrepreneurship Day was established on April 16, a date that seeks to recognize and promote the importance of entrepreneurship in the economic and social development of countries. The International Labor Organization recognizes that 70% of MSMEs account for around 70% of total employment worldwide, but that 33% of their productivity is only one third of that of large companies.
A few days ago I participated in an interesting Webinar called "From idea to action: Trends, opportunities and challenges in entrepreneurship in Mexico", which led me to a peculiar introspection, reflecting on the importance of MSMEs and how we should leverage them.
In recent years, entrepreneurship has boomed in Mexico, driven by technological innovation, access to financing and an increasingly interconnected global environment. However, it is crucial that this entrepreneurial culture is not limited to a temporary phenomenon, but becomes a pillar of the national economy. To achieve this, it is necessary to foster a true entrepreneurial culture that is committed to competitive entrepreneurs and profitable businesses capable of generating a positive impact on society.
According to the Global Entrepreneurship Report 2020/2021, Mexico is positioned as one of the countries with the highest entrepreneurial activity in the world, with 37% of the adult population involved in some entrepreneurial activity. However, despite this significant percentage, many of these ventures face serious challenges. According to the National Institute of Statistics and Geography, approximately 75% of new businesses do not survive more than three years. This raises the need for an entrepreneurial culture that not only encourages the creation of companies, but also guarantees their long-term sustainability and growth.
To this end, key elements for a sustainable entrepreneurial culture must be considered, such as:
Education and training: Education is a fundamental pillar for the development of a strong entrepreneurial culture. Educational institutions should integrate programs that not only teach technical skills, but also soft skills such as leadership, teamwork and resilience. Continuing education is essential for entrepreneurs to adapt to a constantly changing environment and to be able to face the challenges of the market.
Subscribe to read the full column...
