Occasionally I hear someone mention in passing that there just aren’t enough entrepreneurs in Singapore. That there aren’t enough people striking it out on their own and that the majority of people are looking for a highly-paid salaried job.
I’m really not so sure that’s true, especially if we look beyond our usual circles and stereotypes when we think of “entrepreneur”. Every food hawker, market stall owner, pasar malam (night bazaar) vendor and independent boutique owner in Singapore is an entrepreneur. Many hairstylists, fashion designers and retail shop owners are entrepreneurs. And then there are the wholesalers, delivery company owners and pre-school proprietors. It’s quite possible that we may have a more of such independent businesses than other countries where large and established brands (think Walmart, Target and Tesco’s) have dominated the competitive landscape.
So perhaps when we’re thinking about entrepreneurship, there’s a lot we can learn from the entrepreneurs around us, outside of the technology industry.
Talk to us: What do you think about the state of entrepreneurship in Singapore?