**Exchange fair in Kinshasa: Young entrepreneurs learn about risk management**
As part of a dynamic exchange fair in Kinshasa, the crucial issue of risk management in the entrepreneurial environment was highlighted. Organized by the “My Glory World” Foundation, this event offered young entrepreneurs a valuable opportunity to understand the vital importance of this dimension in the success of their projects.
Michel Omba, one of the instigators of the foundation, stressed the crucial importance for budding entrepreneurs to master the mechanisms related to risk management. He highlighted the fact that risk can be perceived as an obstacle to the growth and development of a business. Indeed, risk takes different forms and can represent a brake on entrepreneurial initiative if young people fail to understand it correctly.
One of Michel Omba’s key reflections concerns the fear of risk that often paralyzes potential entrepreneurs. He emphasizes that this fear stems mainly from uncertainty about potential dangers, financial losses and the trust to be placed in one’s collaborators. He insists on the fact that to undertake successfully, it is essential to conduct a careful risk assessment, anticipate potential pitfalls and develop strategies to avoid them.
It is essential for any entrepreneur to realize that losses are an integral part of the entrepreneurial adventure. Accepting risk means assuming full responsibility for the decisions made and the consequences that result from them. It is in this posture of commitment and creativity in the face of hazards that the keys to entrepreneurial success lie.
Furthermore, Michel Omba highlights the diversity of risks that entrepreneurs may face. Whether they are natural, technological, random or related to unforeseen events, it is essential to know how to anticipate them and prepare for them adequately. He thus underlines the importance of risk management, which consists of methodically identifying, assessing and treating potential risks to preserve the company and ensure its sustainability.
Ultimately, the exchange fair not only made it possible to raise awareness among young entrepreneurs of the crucial importance of risk management, but also to equip them to face the challenges of entrepreneurship with confidence and determination. The “My Glory World” Foundation thus continues its essential mission of supporting and training young talents, thus contributing to the sustainable development of Congo and the emergence of a new generation of conscious and responsible entrepreneurs.