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Why Youths Should Be Encouraged To Be More Involved In Entrepreneurship - Career - Nairaland

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Why Youths Should Be Encouraged To Be More Involved In Entrepreneurship by Efeiretegzz: 9:30am On Jun 13, 2023
Nigerian youths should be encouraged to take the reins of their lives into their own hands. Case in point - entrepreneurship; it's time for our young people to explore the world of startups and business ventures.

Why, you ask? Well, for starters, entrepreneurship allows you to be your boss and pursue your passions. It offers a chance to make a real impact on society by creating innovative solutions to local problems. Plus, it opens doors to financial independence and the potential to create jobs for others. We have plenty of talented and creative minds among our youth, and entrepreneurship provides a platform to showcase and monetize those skills. So let's inspire our peers to think outside the box, embrace risk-taking, and seize the countless opportunities that entrepreneurship brings. Together, we can drive economic growth, foster innovation, and shape a brighter future for Nigeria.

10 Likes 1 Share

Re: Why Youths Should Be Encouraged To Be More Involved In Entrepreneurship by Hoily: 9:37am On Jun 13, 2023
Efeiretegzz:
Nigerian youths should be encouraged to take the reins of their lives into their own hands. Case in point - entrepreneurship; it's time for our young people to explore the world of startups and business ventures.

Why, you ask? Well, for starters, entrepreneurship allows you to be your boss and pursue your passions. It offers a chance to make a real impact on society by creating innovative solutions to local problems. Plus, it opens doors to financial independence and the potential to create jobs for others. We have plenty of talented and creative minds among our youth, and entrepreneurship provides a platform to showcase and monetize those skills. So let's inspire our peers to think outside the box, embrace risk-taking, and seize the countless opportunities that entrepreneurship brings. Together, we can drive economic growth, foster innovation, and shape a brighter future for Nigeria.
The major factor in entrepreneurship is startup CAPITAL

9 Likes

Re: Why Youths Should Be Encouraged To Be More Involved In Entrepreneurship by Efeiretegzz: 2:48pm On Jun 13, 2023
That is true, Capital is very important but knowing which business you want to get into and being able to draw up a well thought out business plan is more important. I say this because having a flawless business plan will put you in a position to apply for loans to start up your business.

Hoily:

The major factor in entrepreneurship is startup CAPITAL

3 Likes

Re: Why Youths Should Be Encouraged To Be More Involved In Entrepreneurship by AntiChristian: 3:35pm On Jun 14, 2023
Wait, how do you even think of what to start?
Re: Why Youths Should Be Encouraged To Be More Involved In Entrepreneurship by slawomir: 3:35pm On Jun 14, 2023
Damnnn niggar
Isoright
Re: Why Youths Should Be Encouraged To Be More Involved In Entrepreneurship by theysg: 3:36pm On Jun 14, 2023
Good contribution
Re: Why Youths Should Be Encouraged To Be More Involved In Entrepreneurship by WEALTHYLADYTIME(f): 3:36pm On Jun 14, 2023
YA,




IT'S GOOD FOR THOSE THAT ARE INTERESTED IN IT.
Re: Why Youths Should Be Encouraged To Be More Involved In Entrepreneurship by NobleSeed(m): 3:36pm On Jun 14, 2023
the system ought to be the deciding factor but the system isn't encouraging...
Re: Why Youths Should Be Encouraged To Be More Involved In Entrepreneurship by Gppgn(f): 3:37pm On Jun 14, 2023
You are not wise..if everybody becomes an entrepreneur
. who will work for who?.. una no get sense for this country

6 Likes

Re: Why Youths Should Be Encouraged To Be More Involved In Entrepreneurship by lavylilly: 3:37pm On Jun 14, 2023
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1 Like

Re: Why Youths Should Be Encouraged To Be More Involved In Entrepreneurship by butterfly777(m): 3:37pm On Jun 14, 2023
I thought so to.

While Tinubu's student loan program is not bad, giving youths loans to start their businesses is far better, as it provides jobs and also contributes to the economy.

Just my one cent.

2 Likes

Re: Why Youths Should Be Encouraged To Be More Involved In Entrepreneurship by SUFFERInSMILIIN(m): 3:38pm On Jun 14, 2023
Efeiretegzz:
Nigerian youths should be encouraged to take the reins of their lives into their own hands. Case in point - entrepreneurship; it's time for our young people to explore the world of startups and business ventures.

Why, you ask? Well, for starters, entrepreneurship allows you to be your boss and pursue your passions. It offers a chance to make a real impact on society by creating innovative solutions to local problems. Plus, it opens doors to financial independence and the potential to create jobs for others. We have plenty of talented and creative minds among our youth, and entrepreneurship provides a platform to showcase and monetize those skills. So let's inspire our peers to think outside the box, embrace risk-taking, and seize the countless opportunities that entrepreneurship brings. Together, we can drive economic growth, foster innovation, and shape a brighter future for Nigeria.

Nigeria is a nation of illiterate especially the Citizens home and Abroad. 95% of Nigerians will only vote for an idiot to destroy them go to America and see how Nigerians have destroyed themselves because of some idiot


The more you destroy Nigerian people the modern the vote for you I will give themselves for you

1 Like

Re: Why Youths Should Be Encouraged To Be More Involved In Entrepreneurship by butterfly777(m): 3:39pm On Jun 14, 2023
Gppgn:
You are not wise..if everybody becomes an entrepreneur
. who will work for who?.. una no get sense for this country
No one says everyone ahould be omr an entrepreneur, just as no one says everyone should go to the university. To everyone what suits him.

1 Like

Re: Why Youths Should Be Encouraged To Be More Involved In Entrepreneurship by NobleSeed(m): 3:43pm On Jun 14, 2023
na to employ your family members na 😂 😂
Gppgn:
You are not wise..if everybody becomes an entrepreneur
. who will work for who?.. una no get sense for this country

5 Likes 1 Share

Re: Why Youths Should Be Encouraged To Be More Involved In Entrepreneurship by SUFFERInSMILIIN(m): 3:46pm On Jun 14, 2023
Breezzyo:
Liability of our government is just too much abeg
.
Meanwhile at a cheap price Dm me for your logo and flyer design

The problem it's not the government but Nigerians are illiterate and stupid they will only vote for somebody which can do nothing for them go to America and Europe and see how Nigerians vote for criminals and killed themselves from criminals which could do nothing for them in Nigeria. The more you do nothing for a Nigerian the more the vote for you and killed themselves for you. Just go to America and see with Nigerian people only following an idiot up and down the place
Re: Why Youths Should Be Encouraged To Be More Involved In Entrepreneurship by KayRobert: 3:49pm On Jun 14, 2023
No be lie
Re: Why Youths Should Be Encouraged To Be More Involved In Entrepreneurship by Emceecee(m): 3:56pm On Jun 14, 2023
Hoily:

The major factor in entrepreneurship is startup CAPITAL

You can start small, with what you have, without even capital. Everyone already has something they can offer, if they think about it.

AntiChristian:
Wait, how do you even think of what to start?

If you understand entrepreneurship/business, it not something hard
The root of business is just solving a problem for people.

I discussed more about both on this thread, check it out if interested:
https://www.nairaland.com/7724143/how-make-money-doing-what

1 Like

Re: Why Youths Should Be Encouraged To Be More Involved In Entrepreneurship by Chetas81(m): 4:07pm On Jun 14, 2023
The Nigerian hip hop artist keep on sing killed for money do fraud for money and majority of the Nigerian youth love all this song's

1 Like

Re: Why Youths Should Be Encouraged To Be More Involved In Entrepreneurship by Tallesty1(m): 4:09pm On Jun 14, 2023
Hoily:

The major factor in entrepreneurship is startup CAPITAL
LMAO.

Start-up capital is just one part of the problem; multiple taxation by the government is what hinders businesses. Entrepreneurs have to pay taxes to the Federal Government, State Government, Local Government, as well as deal with "unofficial but legal individuals" who demand taxes, such as touts. These taxes can be monthly, semi-annual, or annual. Sometimes, you end up paying the same tax to different entities in different ways.

For example, the Federal Government collects income tax, while the state government collects its own income tax.

You keep your shop and its surroundings clean, pay individuals to dispose the waste and still pay the government for sanitation. You also have to pay electricity bills to NEPA and spend a significant amount on fuel to run your power generators. These are just a few minor examples.

Taxation poses a bigger problem than start-up capital.

People that hawk pure water inside IBB market pay levy too.

3 Likes 1 Share

Re: Why Youths Should Be Encouraged To Be More Involved In Entrepreneurship by MrBroke(m): 4:24pm On Jun 14, 2023
Chetas81:
The Nigerian hip hop artist keep on sing killed for money do fraud for money and majority of the Nigerian youth love all this song's

Bunch of hypocrites, damn pussy ass youths
Re: Why Youths Should Be Encouraged To Be More Involved In Entrepreneurship by Chetas81(m): 4:27pm On Jun 14, 2023
MrBroke:


Bunch of hypocrites, damn pussy ass youths
so terrible citizen
Re: Why Youths Should Be Encouraged To Be More Involved In Entrepreneurship by marlow1962(m): 5:19pm On Jun 14, 2023
Nowadays everybody is an entrepreneur, go social media make you see them na, Nigerian block boys wer get doings nah, but no investment. Na that kind entrepreneur Nigerian youths dy like, if na to carry cutlass enter bush kind of entrepreneur you they talk about , my bro desist from am , no be Nigerians you dy talk to grin.
You no wn ball
You go first need Owo before you become entrepreneur, when you don blow, you done become entrepreneur be that grin
Re: Why Youths Should Be Encouraged To Be More Involved In Entrepreneurship by thisisit: 5:36pm On Jun 14, 2023
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Re: Why Youths Should Be Encouraged To Be More Involved In Entrepreneurship by isabi2lof: 5:53pm On Jun 14, 2023
Capital is the major problem
Re: Why Youths Should Be Encouraged To Be More Involved In Entrepreneurship by olumide81(m): 6:49pm On Jun 14, 2023
Hoily:

The major factor in entrepreneurship is startup CAPITAL
.

I disagree, give an average youth a lumpsum today and check his business in 6 months. Of all the factors of production, entrepreneurship/entrepreneur seems to be the only factor you can't stumble upon.
Start a plan when you don't have all other factors and see it materialize when the other factors find it's way to you. When you don't have a business plan, no individual/organization is willing to five you their hard earned resources.


I have tried this and it worked.

1 Like

Re: Why Youths Should Be Encouraged To Be More Involved In Entrepreneurship by aestake: 6:52pm On Jun 14, 2023
butterfly777:

No one says everyone ahould be omr an entrepreneur, just as no one says everyone should go to the university. To everyone what suits him.
Where's the electricity?
Re: Why Youths Should Be Encouraged To Be More Involved In Entrepreneurship by omojeesu(m): 7:07pm On Jun 14, 2023
Good idea!

1. What we had & still have is SCHOOLING rather than EDUCATION.

2. There's too much emphasis on head & theoretical knowledge & less on technical & professional training.

3. Entrepreneurship training is almost non-existent.

1 Like

Re: Why Youths Should Be Encouraged To Be More Involved In Entrepreneurship by Emceecee(m): 7:22pm On Jun 14, 2023
omojeesu:
Good idea!

1. What we had & still have is SCHOOLING rather than EDUCATION.

2. There's too much emphasis on head & theoretical knowledge & less on technical & professional training.

3. Entrepreneurship training is almost non-existent.

Exactly, except for number 3, you just have to find the right source
Re: Why Youths Should Be Encouraged To Be More Involved In Entrepreneurship by omojeesu(m): 7:29pm On Jun 14, 2023
Hoily:

The major factor in entrepreneurship is startup CAPITAL

It isn't!
It is first idea = vision
Passion
A functional system
Technology
Strategy
Capital
Start small then build.

1 Like

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