July 23, 2025 |
Business News, News
GCCI President encourages young entrepreneurs to remain committed and resilient in building their businesses for Guyana’s evolving economy
President of the Georgetown Chamber of Commerce and Industry (GCCI), Mrs. Kathy Smith on Saturday, July 5, urged young entrepreneurs and those desirous of entering the business arena to remain committed to their goals and pursue their idea with resilience as she delivered remarks at the 2025 ECONOME Business Conference and Mixer at the Guyana Marriott Hotel.
Mrs. Smith in her address highlighted the organiser, Matthew Gaul, as an example of dedication to a pursuit, saying, “This is a young man who had an idea—an idea he believed could change lives. Not just any lives—but the lives of young Guyanese across this country.”
She told attendees that Guyana’s oil and gas industry has brought numerous opportunities to the country’s shores, and this is a pivotal time for Guyanese to capitalise on these opportunities. “The policies that are now in place are designed to ensure Guyanese benefit first. But don’t wait to be handed anything—step up and claim your space.”
She also pointed to the growth in the GCCI’s membership over the years—now, at almost 1000 members, and stated that over 70 percent are micro, small, and medium enterprises. “Our membership growth over the last five years tells a powerful story. It tells us that there are opportunities out there. And it tells us that entrepreneurs are ready and eager to meet the growing demands of our population,” she said.
The GCCI President posited that there is an entrepreneurial drive that is evident among Guyanese and urged those in attendance to navigate the complexities of business with determination. “There are many opportunities, yes—but there are just as many challenges. What makes the difference is commitment, determination, and getting things done…Business requires commitment. It demands fortitude. And your mental resilience needs to be strong. Challenges will come. Ideas may fail. But you must stay focused, refine your skills, and try again. Success may not come overnight—but it will come, if you continue to invest in your dreams—not just in dollars and cents, but in effort, growth, and belief,” she emphasised.







