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Fidelity Young Entrepreneurship Initiative Success Stories - SM GOLDEN BEE

Name of business

 SM GOLDEN BEE

 Name of business owner

 Michael Sakyi

Tell us who you are

Michael is a 33-year-old young man. A trained beekeeper with 16 years of experience. He trains beekeepers, sells beekeeping equipment and hive products such as honey and bee wax.

What motivated you to start the business?

With a love for agriculture, my father was very active in farming in addition to being a professional driver.  It made me develop a passion for nature and biodiversity:

  • I became very passionate about beekeeping after SHS because I told myself I want to be an Agric entrepreneur. I started internet research on beekeeping and there I realized it has more benefits.
  • I am the type who always wants to do something different and doesn't give up easily.
  • The health benefits of beekeeping to humanitarian also motivated me.

Any success chalked?

  • Every year I train about 200 to 300 women and youth in beekeeping.
  • I produce two tons of honey which are sold locally every year.

Any challenges/lessons learned?

  • Getting my permanent working area has become my challenge.
  • Capital injection.
  • Advertisements
  • Logistics
  • Permanent rent (Office space)

Advice to young upcoming entrepreneurs?

Without hard work and focus, one may not see success in any business.

How has the funding from the program helped your business?

The funding received was used to purchase a truck and honey-making machine.

 The truck has made farm management very easy for me. I am now able to visit all the sites where the beehives are located.

 

Click here to start your application process and submit supporting documents.

 

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