fbpx
Edit Content

The Role Of Artisans In Growing The Economy

Role Of Artisans In The Economy

As Africans, we grew up believing that artisans were victims of the economy. They don’t come to mind when you talk about success or financial freedom. You are either a Doctor, Lawyers, or a failure. That was the mindset of the average African child. Society failed to teach us that artisans play a vital role in the growth of the economy. The role of artisans in growing the economy of any nation can not be overemphasised.

Now, the narrative is gradually changing as a lot of people now see prospects in the artisan sector. With the advent of entrepreneurship and self-employment, a lot of people are innovating in the artisan sector. There is a strong parallel between entrepreneurship and the artisan sector, so, artisans play an important role in developing economies.

An artisan is a skilled worker or craftsperson. Examples are bakers, mechanics, technicians, etc. You can become an artisan through an apprenticeship which is a pathway to entrepreneurship. And, entrepreneurship has lifted millions of households out of poverty. The informal sector is the single largest employer of labour among developing countries, and a chunk of that sector are artisans.

Start Your Business in 30 Days Even If You Don't Have An Idea
Start Your Business in 30 Days Even If You Don’t Have An Idea

See Also: 35 Booming business ideas and step-by-step guides to starting them; a strategic and financial breakdown of the most lucrative businesses in Nigeria.

The Role Of Artisans In Growing The Economy

What role can artisans play to grow an economy, especially developing economies. Sit tight as we find out.

1.) Job Creation

Way before the industrial revolution and oil boom in African, artisans were responsible for creating jobs and exporting earnings. The sector has been self-sufficient for years and has played a huge role in keeping the middle and lower echelons of the economy together from time immemorial. 

However, like other sectors, it has huge untapped potential that can boost income and employment globally. However, things are changing with the entrepreneurial revolution, so there are opportunities for artisans to increase their market reach and scale using technology.

Also, there are many grant opportunities available for artisans. These opportunities have been made available by the government to help artisans grow their crafts into sustainable businesses that can employ labour and help reduce unemployment. Also, opportunities abound that offer business skills and technical knowledge to help sustain and grow the operations of artisans.

See Also: Common legal mistakes small business owners and entrepreneurs make.

2.) Bridging The Supply Chain Gap In Industries 

When you take a look at the value and growth potential of the artisan sector, you will begin to understand their impact in helping grow an economy. It is true that the artisan sector has a perception problem and that most people do not understand the full economic value of the sector. However, the sector is beginning to attract millennials and tease their preferences.

More so, one very important role that the artisan sector plays in growing the economy, is bridging the supply chain gap. The sector has been self-sufficient and for many years has bridged the over bloating supply chain gap in many industries. We can’t rule out the fact that this sector drives and completes the value chain of most industries, especially in developing economies with an infrastructural deficit. 

See Also: Food business ideas to start now and make money.

3.) Artisans Preserve Cultures At Risk Of Extinction 

The way of life of a people has a direct or indirect impact on the economy of the people. Some cultures are shaped by artisans and artisans shape cultures. Sometimes this art transcends to community craft.

In addition, economies are made up of people and not buildings – community-driven. A classic case study of this point is the Ijaw clans of the Niger/Delta region of Nigeria. The Ijaws were fish farmers and knew all sorts of aquatic craft. But, the discovery of oil and the oil boom destroyed the artisans and their community craft, rendering them and their culture useless. As a result, they became victims of the economy – which led to militancy and civil unrest. 

The feeling of disorientation experienced by artisans when they are suddenly subjected to an unfamiliar culture and way of life makes them a victim of the economy. This is because a community’s ability to generate a livelihood through its artisan traditions generates far more cohesion, pride, and meaning.

See Also: How to choose the right supplier for your business.

Go from idea to starting your business in 30 days
Go from idea to starting your business in 30 days

Conclusion:

Artisan entrepreneurs are challenged by an inability to tap into established supply chains and experience hiccups in building their craft to scale, because of lack of proper training and fundings. Clearly, most people still do not understand the full economic value of the sector, including the artisans. This is why there is a need for proper sensitization and a need for a general overhaul of the industry, not just establishing associations that lack systems and structures. 

We need to start seeing artisan businesses as real businesses and drivers of economic development and job creation just like any ‘other’ business. The success of the artisan sector is limited by informal and unstructured markets, this does more harm than good to the economy and shrinks the industry.

If the sector is structured, it can flourish and help economies, both developing and developed economies. According to former U.S. Secretary of State, John Kerry,” If you’re looking for innovative ways to help developing countries flourish, artisans are a terrific place to begin”. 

Are you an artisan? In your opinion, what should be done by stakeholders to ensure the artisan sector is built to a sustainable level? Kindly tell us your thought in the comments.

Let’s create visibility for your brand and put your business on the world map. Contact us today to make your brand the preferred choice for our audience of entrepreneurs and business leaders.

To keep track of our activities, follow us on Instagram.

Share:

Facebook
Twitter
LinkedIn

Leave a Comment

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Join Entrepreneurs Family

No spam, only business insights and tips. 

Entrepreneurs Sign Up

Business Registration

Most Popular

Join Entrepreneurs Family

No spam, only business insights and tips. 

Entrepreneurs Sign Up

Related Posts

Business mentor

How Entrepreneurs Can Find a Business Mentor

Who is a Business Mentor? Think of a business mentor as a seasoned guide in the jungle of business. They’ve already walked the paths you’re on and know where the quicksand is and how to avoid it. It’s like they have a map to the treasure in this case business

Cheapest Business Ideas To Start

10 Cheapest Business Ideas To Start In Nigeria

Nigeria’s heartbeat is its entrepreneurial spirit. In a country with endless opportunities, the concept of entrepreneurship is not just a path to personal success; it’s a necessity for national progress. We will be exploring the 10 cheapest business ideas you can start to contribute to the national growth of Nigeria.

Small Business Insurance

Small Business Insurance- Everything You Need To Know

Why does a small business need insurance? Imagine small business insurance as a safety net for your business. It is designed to catch you when unexpected events threaten to tumble your hard work into chaos. This form of insurance comprises various policies designed to provide a financial cushion against the

Power of Trading Signals

The Power of Trading Signals for Financial Market Success

Trading has long captured the hearts and minds of many entrepreneurs worldwide. It offers the opportunity to master the financial markets and capitalize on market movements within its hallowed walls. In today’s article, we will explore the modern tools that assist traders in making potential profits, delving deeper into the

Scroll to Top

Join Entrepreneurs Family!

Get access to FREE business insights and funding opportunities daily.

Entrepreneurs Sign Up