Participants from various countries shared their views on leadership and the importance of striking friendships in the environment of a global village to start a business
Fostering global partnerships to start new businesses for first-time entrepreneurs was the focus of the day-long 'Youth Parliament' that pulled up the curtains on the Global Partnership Summit in New Delhi on Monday.
Participants from various countries shared their views on leadership and the importance of striking friendships in the environment of a global village to start a business.
Avelo Roy from Kolkata shared his experience of becoming an entrepreneur at the age of 19 while he was pursuing a degree in engineering in the United States.
"When you have no money, you have friends. So some of my friends and I reached out to people in college and had the brightest with us."
His idea of a start-up was that it is a temporary organisation designed to search for a reputable and a scalable business model.
Dogma Makiura from Japan has already lived in six countries after studying in the UK. He said the youth could contribute to innovations in the global world. Having set up businesses in Africa and East Asia, and taught English in Delhi, he said "I believe in cross-border partnerships."
Young entrepreneurs attended the youth parliament — students and future leaders from countries like India, US and Japan, African countries and the Middle East.
The Global Partnership Summit (GPS), a four-day international event, will provide a platform to government leaders, think-tanks, policy-makers, industry captains, business leaders from across the world to discuss an alternative development model.
The initiative aimed at closer cooperation between India, US and Japan will be attended by over 3,000 delegates.
This initiative aims at greater cooperation between India, Japan and the US.
The GPS is chaired by Japan's Liberal Democratic Party's secretary-general Toshihiro Nikai and co-chaired by Rajya Sabha MP Subhash Chandra.
Among other speakers was Saurav Panda, a consultant with the World Bank who calls himself a behavioural change practitioner. He believes behavioural economics and political choices can have a greater impact on financial institutions but is often ignored.
Other than entrepreneurship, the youth session also discussed the involvement of the young minds in development and the concept of one youth, one culture.
Kishwa Ambigapathy, head of the Commonwealth Youth Council, concluded the session with a talk on the impact of youth on governance. "Young people are are seen as aggressive. Many say the young should be involved in governance. What they really mean is they should sit down and take down the minutes of the meeting rather than participate in discussion. This attitude must end," he said.
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