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Entrepreneurship

23-year-old David Banda thrives with Linka-Malawi firm [Video]

By Chisomo Phiri

Starting a business in Malawi is both exciting and challenging and having it grow is even harder for most people.

Research shows that 80 percent of small businesses in Malawi fail within the first five years of operation.

This is a common fact that the rate of failure in small businesses in Malawi is very high and it is for this reason some people get scared to start any kind of business as they are afraid that the business will fail and they will lose money.

However, some people out there are determined to do business and hope to succeed, anyway.

To them, as there are others still doing business,they do not regret starting the journey.Their success is a motivation for everybody to see.

It is clear that people who excel in business poses street knowledge that others who fail may not have.

Relating to the above is a story …

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