Politics hinders prospect of business

In Bangladesh, politics is one of the glorified subjects. However, intersection of politics and commerce poses significant threats to aspiring entrepreneurs. Political involvement often creates barriers to market penetration, fosters governmental biases, and hinders the ability to expand freely. This situation places innovative minds at a disadvantage from the start.

The cycle of relying on corruption to stay ahead in the political game and accumulating wealth to maintain dominance is inherent. Money, power, and loyalty to the ruling party create favoritism, allowing large corporations to dominate key sectors. For young and fresh minds, the overwhelming political landscape appears to be unfair and discouraging. Taking a leap of faith in such a corrupt environment can lead to being bullied and sidelined almost immediately.

All of this paints a grim picture. The mental discouragement entrepreneurs face when starting out is a fear that lingers throughout their journey. Clichés like "Be brave" and "Good things will happen" often ring hollow. To combat this injustice, the people in general must recognise that they are being wronged. Consistent awareness and reforms are essential for the true essence of Bangladeshi entrepreneurship to emerge.

K.M. Georgis Azmal

Student

North South University

[email protected]