In the region, entrepreneurs who have a lot of experience and have been successful provide the community with a mentoring service. For example, an entrepreneur will support a dozen new businesses in their first three years of operation by providing advice and guidance. Entrepreneurs pass on their experience so they are likely to avoid problems. As a result, they increase the success rate of these young entrepreneurs because start-up businesses do not all manage to make it past five years. By increasing the success rate, we increase the number of businesses that survive. Do you have this in your region?
On May 29th, 2014. See this statement in context.