The Role of Startups and Why Should You Operate in Afghanistan?
It is now time to give back and contribute towards lifting our crippled economy and prove to the world that we’re no less than others.
In the last 13 years, Afghanistan has been in a state of war, fighting against terrorism and being supported by the US Army. And because of this, our nation has been heavily dependent on aid money and the spending of the foreign army. Though the situation hasn’t changed much even today, but the good news is that the US is gradually withdrawing its troops from the country. Where this act of the US army has reduced the financial aid that Afghanistan had been receiving over the years, what’s worthy of celebration is the fact that now, we have the perfect chance to shape and build Afghanistan into a prosperous country. It is now time to give back and contribute towards lifting our crippled economy and prove to the world that we’re no less than others.
Wondering how? Well, if you have a great entrepreneurship idea and are planning to launch your own startup, then why don’t you do it here? Do you know that new and young companies play a crucial role in job creation and can have a far-reaching ripple effect on the economy?
Startups may be small companies but they can play a significant role in economic growth. They create more jobs which means more employment, and more employment means an improved economy. Not only that, startups can also contribute to economic dynamism by spurring innovation and injecting competition. New entrepreneurs can bring new ideas to the table, much needed to stir innovation and generate competition.
Startup Growing Pattern
Startups have a direct-impact on the cities that they make their homes. Look at how Infosys has changed Bangalore, Alibaba impacted Hangzhou, Microsoft changed Redmond and Google transformed Mountain View, California. All these companies started small, but as they grew, they transformed the cities where they operated. They improved employment patterns providing job opportunities to both experienced and young professionals. This led to surge in inflow of graduates and relocation of experienced professionals from different cities.
These startups boosted the economy with revolutionary technology and created new industries over time. And when they went public, they truly became money-making engines for not just the owners but also for the employees and shareholders. Thousands of Google employees became worth more than five million dollars while Narayan Murthy, the founder of Infosys, brought the new wave of wealth-creation in India among employees of the middle-class. On the other hand, Alibaba single-handedly transformed the trade scene for SMEs in China, a country that was at that time infamous for its innumerable trade entry barriers.
Another good example that can truly help young entrepreneurs understand the contribution and role of startups in the country and its economy is of the Great Recession that hit the US. The American economy managed to gain back all of the jobs that were lost during the economic downfall, thanks to the jobs created by new companies. It’s believed that 95% of all the companies in the US are businesses with less than 50 employees, and this makes them significantly important to the economic strength of the country. So imagine what your startup can do for the economy of your own country? Think about it!
Talking of startups and young entrepreneurs, Ahmad Reza Zahedi is a name worthy of mentioning. He’s a young entrepreneur in Afghanistan and the proud owner of TechSharks – a web development and online digital technology company. He started out in 2011 when the country was at war. His determination, passion to serve the country and dedication didn’t let him and his team down. He got likeminded people on board and even today, continues to make his contribution in changing the image of the country and playing his role in boosting the economy. He wants to bring tech evolution in Afghanistan before he goes international. And that truly shows his love for his country.
So, let us all play our role in nurturing the entrepreneurship ecosystem in Afghanistan and make our contribution in building towards a prosperous Afghanistan.