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About 80% of the population has an entrepreneurship or plans to do it, according to Cavempre

About 80% of the population has an entrepreneurship or plans to do it, according to Cavempre

The president of Cavempre indicated that the closing rates in the country “are very high”, in large part because “many entrepreneurs think that starting a business model is something simple, simple and does not require greater formality.”


The president of the Venezuelan Chamber of Entrepreneurship (Cavempre), Elías Rodríguez, said that about 80% of the Venezuelan population is undertaking or wants to undertake in the medium term.

He pointed out, in an interview in Radio Unionthat of that “great universe” of people who already have their entrepreneurship or wants to do so, “about 65% that began on January 1 of this year fails to reach December 31 with successful operations.”

The president of Cavempre indicated that the closing rates in the country “are very high”, in large part because “many entrepreneurs think that starting a business model is something simple, simple and does not require greater formality.”

The Chamber has pointed out that only 67% manages to reach the first year. From the remaining, less than 5% manages to reach three years of existence.

*Also read: Banamiga and Avesid promotes entrepreneurship among young people with disabilities

Rodríguez added that one of the aspects that makes them maintain is the “passion for what they do.” Another aspect to take into consideration, he said, is the constancy, not to place the money as the goal of that project and the training.

As for the investment, he said that he will depend on the business model and emphasized that another diligence that every entrepreneur must do before starting activities is to validate the idea of the business.

He also considered that women are the ones who undertake the most in Venezuela, although the difference between the two sectors is less than 5%. «We are talking that in Venezuela it is almost even. I would dare to say that they are more women than men, but the difference is so small that it almost does not glimpse ».

*Journalism in Venezuela is exercised in a hostile environment for the press with dozens of legal instruments arranged for the punishment of the word, especially the laws “against hatred”, “against fascism” and “against blockade.” This content was written taking into consideration the threats and limits that, consequently, have been imposed on the dissemination of information from within the country.


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