Business

Stop Waiting says, Local Business Owner

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As the country celebrated 47 years of independence, Jacob Kaupa, the owner and managing director of one of the country’s most successful companies has called on every citizen to stop waiting for free handouts from the government.

Kaupa runs the Pacific Corporate Security Limited (PCSL), one of the biggest security companies in the country with over a thousand employees in 7 provinces.

The private businessman started his business in 1997 however it took him almost 4 years to grow the company to what it is today.

Speaking during the company’s independence celebration in Port Moresby, Kaupa bluntly asked why many Papua New Guineans are still waiting for politicians for free handouts.

“Can we depend on the government and our elected leaders to solve our problems? We have waited for 47 years and are still waiting. How long can we wait for the government to create an enabling environment for citizens,” Kaupa said.

He shared from his experiences that nothing is free and in order to better ourselves, we have to do things ourselves.

“Use your employment as a transition point into starting your SME. You can do this by developing a savings culture, even if it means saying no and postponing cultural obligations,”

“Diversify your investment, pay off your debt and stop living on borrowed money. Learn how to budget and live within your means,” Kaupa said.

He said the right formula to be successful in these areas is to surround yourself with the right people.

“Spend more time with people who will add value to your life. Spend more time with people who will encourage you to achieve your dreams. I have tried it and it worked and I am sure it will work for you,” Kaupa said.

Mr Kaupa (left) was presented the 2022 Divine Word University Alumni of the Year Award. Picture – PCS Facebook Page

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