Get All Access for $5/mo

Doing Your Part: Encouraging Entrepreneurship Is Everyone's Responsibility Editor in Chief Fida Chaaban asserts the importance of everyone's responsibility to encourage entrepreneurship in the region.

By Fida Chaaban

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur Middle East, an international franchise of Entrepreneur Media.

Shutterstock

I had the pleasure of speaking on Twitter MENA's panel at the Global Women's Forum in Dubai in February. Moderated by Kinda Ibrahim, my copanelists (Iman Ben Chaibah and Heba AlSamt) and I were asked to discuss how the medium puts Arab women in a #PositionOfStrength. During the course of the one-hour discussion, I was also asked to talk about business leaders and the responsibility they have to encourage entrepreneurship in the region.

My response was that we are all, without exception, responsible for entrepreneurship in the MENA region. It is not only leaders of enterprise who should be tasked with the growth and support of what is arguably the most important mandate in this history of the Arab world- economic diversification and stability via the proliferation of the small to medium enterprise space. You and I are just as pivotal as the Chairman of any influential board in terms of making this economic vision a reality in the near future.

@kindaibrahim moderating the @TwitterMENA #PositionOfStrength panel at Global Women's Forum Dubai. Panelists right to left: @Fida, @ImanBenChaibah, @HebaAlSamt. To see the online action from the forum, visit the hashtag #GWFDubai.

How can you help? Well, no matter your position or sector of employment, be you a founder of a fledgling startup or the CFO of a regional conglomerate, there are ways you can pitch in. Mentoring, speaking, or allowing for a job shadow, are just some ways that more senior members of our business community can help out. Juniors or those who are just starting out can volunteer to lend a hand at startup events- and in the process you gain valuable connections and insight into the ecosystem's workings. This helps you as much as it helps the ecosystem.

Another easy -and perhaps the most significant- way of supporting the entrepreneurial ecosystem is by acting in a customer capacity. Think about how much you are helping our homegrown small enterprises by spending your money there. Want to eat out? Choose a brand founded here, as there are lots of those in the F&B sector. Looking for a gift? Shop online with any one of the hundreds of e-commerce startups, or gift a subscription to the many useful box startup companies.

Related: A Startup To Keep Children Engaged: KenziBox

We share some of these ventures under the hashtag #EntMERecommends on both Twitter and Instagram. Are you looking for a staffing or freelancer solution? Be certain to visit the websites of regional companies first, because chances are they have what you're looking for and they're willing to bend over backwards to onboard regional clients.

I always try, as much as possible, to shop with local businesses. Over the holidays, I managed to get every single item on my gift list from a local entrepreneurial endeavor- many are listed under the hashtag I just mentioned. If all that still doesn't sound like you, just choose Careem to taxi around town or Carpool Arabia for ridesharing options.

There is always a way to do your part for the ecosystem, and suggesting that it is not your responsibility is flat out wrong. After all, next year it could be your startup struggling to demonstrate customer traction, and you could be the one asking yourself why people don't think local first.

Related: Ecosystem Karma: You Get What You Give

Fida Chaaban

Chief Communications Officer, KBW Investments

Fida Chaaban is the Chief Communications Officer of KBW Investments, a privately held Dubai-based investment concern that works across multiple sectors. Prior to her most recent appointment, Fida was the founding Editor in Chief of Entrepreneur Middle East and Entrepreneur Qatar magazines. She is a big believer in the Middle East North Africa (MENA) region’s startup ecosystem, and endeavors to use both print and web to positively encourage development in various entrepreneurial spaces and across industries. Based in Dubai, UAE, Fida is a social media enthusiast and sees it as the medium of today’s effective enterprises.
Starting a Business

I Left the Corporate World to Start a Chicken Coop Business — Here Are 3 Valuable Lessons I Learned Along the Way

Board meetings were traded for barnyards as a thriving new venture hatched.

Business News

Billionaire Investor Nelson Peltz Sells Disney Stock After Losing Board Battle — And Makes $1 Billion

Peltz once wanted a seat on Disney's board of directors but was unsuccessful after a multi-year effort.

Branding

ChatGPT is Becoming More Human-Like. Here's How The Tool is Getting Smarter at Replicating Your Voice, Brand and Personality.

AI can be instrumental in building your brand and boosting awareness, but the right approach is critical. A custom GPT delivers tailored collateral based on your ethos, personality and unique positioning factors.

Business News

Y Combinator Helped Launch Reddit, Airbnb and Dropbox. Here's What I Learned From Its Free Startup School.

The famed startup accelerator offers a free course on building a business — and answers five pressing questions for founders.

Starting a Business

How to Start a Freight Brokerage Business

Get your entrepreneurial destiny really moving by becoming a broker--matching shippers and transportation servicess--for the freight industry.