Ahmad Ashkar  How Entrepreneurs Can Strengthen Business Success Through Expert Guidance
                     Ahmad Ashkar | How Entrepreneurs Can Strengthen Business Success Through 
Expert Guidance
Created by: Ahmad Ashkar: Founder and CEO, 
Hult Prize Foundation
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Ahmad  Ashkar  |  How  Entrepreneurs  Can  Strengthen  
Busiiness  Success  Through  Expert  Guiidance
Entrepreneurs are key drivers of economic growth and 
innovation. To build successful and sustainable businesses, 
they must identify opportunities, apply knowledge strategically, 
and make informed decisions that benefit both their ventures 
and the wider economy. According to entrepreneur and thought 
leader Ahmad Ashkar, continuous learning and expert 
guidance are essential—entrepreneurs should never limit their 
growth by relying only on what they already know.
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Ahmad  Ashkar  |  How  Entrepreneurs  Can  Strengthen  
Busiiness  Success  Through  Expert  Guiidance
Entrepreneurs Fuel Competition and Productivity
Entrepreneurs play a powerful role in increasing market competition and boosting 
productivity. By challenging established companies and introducing innovative, cost-
effective solutions, they can quickly position themselves as industry leaders. When these 
skills are developed with expert mentorship, they become even more effective in driving 
long-term growth.
Healthy competition pushes businesses to improve efficiency, refine strategies, and explore 
new opportunities. With clear vision, ambition, and proper planning, entrepreneurs can raise 
performance standards, enhance productivity, and create lasting impact within their 
industries.
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Ahmad  Ashkar  |  How  Entrepreneurs  Can  Strengthen  
Busiiness  Success  Through  Expert  Guiidance
Unlocking New Markets and Business Opportunities
Successful entrepreneurs are constantly exploring new markets and developing innovative 
products and services. This approach helps expand their customer base, strengthen brand 
visibility, and maintain relevance in a competitive environment.
However, innovation must align with the business’s core niche. Understanding customer 
needs, identifying the right services, and applying creative strategies are crucial to sustainable 
expansion. Innovative thinking leads to stronger financial management, improved results, and 
meaningful contributions to economic development.
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Ahmad  Ashkar  |  How  Entrepreneurs  Can  Strengthen  
Busiiness  Success  Through  Expert  Guiidance
The Economic Impact of New Products and Innovation
Introducing new products benefits more than just individual businesses—it 
also contributes to national economic growth. Entrepreneurs who understand 
their audience and execute effective marketing strategies can generate higher 
revenue, build stronger market presence, and drive industry-wide progress.
In the private sector, entrepreneurial innovation keeps the economic cycle 
moving, creates jobs, and opens new pathways for growth. This makes 
entrepreneurship one of the most powerful engines of progress in any 
economy.
🔗 Learn more: https://chefashkar.com/
About Ahmad Ashkar
Ahmad Ashkar is an entrepreneur and global movement-builder. He is the 
founder of the Hult Prize, Falafel Inc., and Forerunners—initiatives that have 
mobilized millions worldwide through purpose-driven innovation.
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