PM Najib: Don’t depend on govt handouts

Self-financing entrepreneurs will strive to make their business a success, says Najib.

KUALA LUMPUR: Prime Minister Najib Abdul Razak said today to reap success, entrepreneurs must reduce their dependence on government handouts.

He said self-financing entrepreneurs would strive to make their business a success.

“It is they who will decide their own destiny and success,” he said when launching Menara Perbadanan Nasional Bhd (PNS) in Bangsar South here today.

He said PNS should develop the franchise industry further in line with the country’s rapid economic growth.

“The government and PNS will continue to be a catalyst in developing entrepreneurs in the franchise industry,” he added.

Najib said Malaysia needs more innovators and entrepreneurs to generate wealth and to accelerate the country’s economic growth.

He said innovators should diversify their initiatives not only in science and technology but also in the social field as it was still unexplored.

“We also need entrepreneurs who have the mindset not only to look for jobs but invent and provide employment,” he said.

Najib also reminded franchise operators to double their efforts in providing the best service in order to ensure customers remained loyal to their product.

“We must ensure their (customers) first experience is memorable, that’s the key to success,” he said.

– BERNAMA