Ego invests in entrepreneurial employees

Karachi: Incubating small businesses in Pakistan has become one step easier due to Adil Moosajee’s innovative approach of helping his employees spin off their own franchises.

Three years ago, Irshad Ali pitched an idea to his employer. One, he wanted to set up a stitching unit. Two, he wanted his employer to promise him business. And three, he wanted him to invest in his start-up as well.

Ali got all that he wanted. Three years on, he has made a transition from an ordinary skilled labourer working at a stitching unit of a clothing brand to a successful entrepreneur with 18 stitching machines of his own. Ali is now a principal vendor of Ego, a retail clothing brand with 19 outlets across the country.

“We always let the employee approach us with the business idea. Entrepreneurship requires risk-taking, and you can’t help a person start his own business unless he’s enthusiastic about it himself,” said Adil while talking to The Express Tribune.

However, for Moosajee, expanding his own business, helping others set up new businesses and thus creating more jobs is not about the bottom line only. “I’d outsource my operations to China or Thailand only if I had no other option left. But let me make it very clear, I’m principally against moving jobs abroad.”

http://tribune.com.pk/story/311189/unorthodox-incubators-ego-invests-in-entrepreneurial-employees/

Adil Moosajee in a Q&A Session

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