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Indonesian youth encouraged to become innovative entrepreneurs

Young entrepreneurs: Bank Central Asia (BCA) president director Jahja Setiaatmadja (third right), BCA corporate secretary Inge Setiawati (second right), Wahid Institute director Yenny Wahid (third left), Valo Waterless Car Care founder Elihu Nugroho (second left), Men's Republic founder Yasa Paramita Singgih (left) and Yudan Hermawan, head of the Goa Pindul Karang Taruna youth movement, gather after a Kafe BCA talkshow event in Jakarta on Wednesday

Liza Yosephine (The Jakarta Post)
Jakarta
Thu, January 14, 2016

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Indonesian youth encouraged to become innovative entrepreneurs Young entrepreneurs: Bank Central Asia (BCA) president director Jahja Setiaatmadja (third right), BCA corporate secretary Inge Setiawati (second right), Wahid Institute director Yenny Wahid (third left), Valo Waterless Car Care founder Elihu Nugroho (second left), Men's Republic founder Yasa Paramita Singgih (left) and Yudan Hermawan, head of the Goa Pindul Karang Taruna youth movement, gather after a Kafe BCA talkshow event in Jakarta on Wednesday. (Antara/HO) (BCA) president director Jahja Setiaatmadja (third right), BCA corporate secretary Inge Setiawati (second right), Wahid Institute director Yenny Wahid (third left), Valo Waterless Car Care founder Elihu Nugroho (second left), Men's Republic founder Yasa Paramita Singgih (left) and Yudan Hermawan, head of the Goa Pindul Karang Taruna youth movement, gather after a Kafe BCA talkshow event in Jakarta on Wednesday. (Antara/HO)

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span class="inline inline-center">Young entrepreneurs: Bank Central Asia (BCA) president director Jahja Setiaatmadja (third right), BCA corporate secretary Inge Setiawati (second right), Wahid Institute director Yenny Wahid (third left), Valo Waterless Car Care founder Elihu Nugroho (second left), Men's Republic founder Yasa Paramita Singgih (left) and Yudan Hermawan, head of the Goa Pindul Karang Taruna youth movement, gather after a Kafe BCA talkshow event in Jakarta on Wednesday. (Antara/HO)

Young Indonesian entrepreneurs must be prepared to grab the baton as future leaders, a private lender executive has said.

The CEO of Indonesia'€™s largest private lender Bank Central Asia (BCA), Jahja Setiaatmadja, said it was important for all parties to give the country'€™s younger generation a chance to develop their skills.

'€œThe potential of these young people lies in their creativity and innovative skills, consistent with the changing times,'€ said the BCA president director.

In an attempt to encourage leadership skills in the young generation, BCA invited established and aspiring entrepreneurs to discuss the challenges and potentials of youth entrepreneurship at an event in Jakarta on Wednesday.

Jahja said the rising trend in youth entrepreneurship across a variety of sectors, including service excellence, personal development and life quality improvement, signaled a positive direction for the future.

He further said that young entrepreneurs were not only profit-oriented but were also '€œsocialpreneurs'€.

Yenny Wahid, director of the Wahid Institute, a civil society group that promotes pluralism and a peaceful Islam, encouraged the development of financial consciousness from a young age, which she said should be established as a lifelong habit.

The daughter of former president Abdurrahman '€œGus Dur'€ Wahid told the young audience that such financial awareness would help them to form personal goals to keep track of their finances.

'€œKeep savings in separated categories, such as one account for education and another for personal expenses,'€ Yenny said at the event.

To inspire the young people, BCA invited several entrepreneurs to share their experiences at the event.

Yasa Paramita Singgih started his fashion business Men'€™s Republic at the age of 16, borrowing initial capital from vendors at the Tanah Abang textile market and promoting his products through the Blackberry Messenger service. Yasa has now expanded his business, with consumers spanning Malaysia, Taiwan and Hong Kong.

Meanwhile, Elihu Nugroho runs an environmentally friendly business that offers water-free car washing. (ebf)(+)

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