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Our Need: “Conscious Entrepreneurship”

While Nepal holds the splendor of beauty, what it lacks is the glory of actions. We need actions.
While its a commonplace to conform to the norms of society, what’s hard is to confront the status-quo. The challenge is not to overlook the problems but to nurture a perspective to seek opportunities hidden within the problems. While Nepal holds the splendor of beauty, what it lacks is the glory of actions. We need actions.

Pessimism, in regards to opportunities in Nepal, amongst the youths is a cliche now and emigrating abroad , a fashion. This trend fueled with the existent state of poverty and worrisome governance is a definite recipe for a societal downfall. This needs to change. It’s urgent. And, we are the change agents.

“But why?”- you may ask.

Today’s first world economies saw initiation of their present day when the “Second Industrial Revolution” began circa 1850. With technological and economic progress came unprecedented sustained growth and increased average income; which translates to a better quality of life of the people. All the while, a revolution Nepal is yet to see.

While we were still playing catching up with the “Industrial Revolution”, the “Internet Revolution” decided to show up basically narrowing down the playing field with facilitated globalization. Now, not only are we left with the challenge to match the “impact” of widespread social progress during the “Industrial Revolution” but also to emulate the “pace” of the “Internet Revolution.”

Let’s take a step back and have a bird’s eye view. A harmonious sync between the public sector, private sector and development sector, the three pillars of an economic eco-system, is paramount for any modern society to perform optimally. Is our government in place? Are our businesses socially accountable? How is our development sector being funded?

I would want you to answer the above mentioned questions. Think. Be truthful.

According to the Ministry of Finance, there are 1008 projects currently running in Nepal. The committed amount for these projects is USD 10,446,119,251; of which USD 5,172,835,499 has already been disbursed. Now, that’s a lot of money. A lot. A lot to make significant reforms. All these projects are donation based or charity, what we fail to recognize is that we are now dependant on foreign aid. This is the system we tread on when dealing with social issues. This cripples us. We need to create our own resources.

But how?

Before we jump in to the HOWs, its important that we question the social accountability of businesses here in Nepal. I don’t have a clue what your response to that was but I am suspecting that there is an oxymoron when I suggest the solution to my previous question of how do we create resources?

The answer is businesses. Let me explain. What does a business do? It adds value and makes a profit. In other words, it makes wealth – not only a resource in itself but also a facilitator of resource creation. It is the only kind of an entity that creates resources. In fact, all the donations and aids that we receive had to be earned by some business entity as their profit before it could be passed on to us.

As for the public sector (the government), they are busy with the constitution.

So far we’ve established that:
* Social issues of basic necessities exists in Nepal.
* The system we’ve chosen to deal with these issues is making us dependant on foreign aids.
* We need our own resources and businesses are the only entity that can actually create resources.

Take a deep breath, relax and now imagine. What if we created a business which not only created resources but had social accountability and responsibility built in to its core value system, more than just CSR. Imagine creating a platform where the present day abroad-goers saw opportunities in Nepal while solving the problems that we already have and its already being done. Imagine tapping in to the pace of today’s online facilitated globalization with a value system of social accountability and responsibility. This is the change we need. This is where we need actions.

Suraj Shrestha
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Suraj Shrestha

Suraj Shrestha is the CEO | Founder at Anthropose & Co-founder of Sastodeal and Sastobook.
Minimalism. White. Change. Pearl Jam. Wingtip.
Suraj Shrestha
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