Fear of failure holds back B40 in business, says minister

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Mohd Redzuan: Most of them only seek money from us although the ministry has opened up many avenues for starting a business. mohdredzuan

Entrepreneur Development Minister Mohd Redzuan Yusof says people in the B40 group lack confidence.

They were often worried of failure to compete with other entrepreneurs in the market during the early stage of business, he said. “But today, I see that most of them come only seeking money although the ministry has opened up many avenues for starting a business,” he told reporters after the Ihya’ Ramadan ceremony at a mosque here tonight.

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