Business needs discipline, students told


JOHN Duigu and Associates Ltd director John Duigu says business is about believing in oneself, planning, organising, leading by example and being able to coordinate.
“There are six important questions when planning to start a business – what, why, how, when, where and who,” he said.
“Any business needs discipline and it must make an impact and generate profit.”
Duigu spoke in his address on Friday to fourth-year Papua New Guinea University of Natural Resources and Environment students at the Vudal campus in Rabaul, East New Britain.
Duigu, a former principal of the institution when it was an agriculture college, spoke of his experience as a businessman.
He told the students that the private-public partnership agreements was also important because as an entrepreneur, one must partner with others. “An entrepreneur must believe that they can be successful with good management skills, motivation and is ready to take up challenges,” Duigu said.
“A businessman must plan, organise, be willing to lead and coordinate and be a good manager.
“People can talk about business, but the implementation is difficult.
“To be successful, you need to change your mindset and discipline yourself.”