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Stats: 1,703,718 members, 3,241,929 topics. Date: Wednesday, 07 December 2016 at 01:27 PM
|Business / Re: Front Page Pls: Do You Agree With This? Entrepreneurship Needs To Be Nurtured by obowunmi(m): 9:00am On Dec 01|
What's and where is proof this works ?
|Business / Re: Front Page Pls: Do You Agree With This? Entrepreneurship Needs To Be Nurtured by obowunmi(m): 7:47am On Dec 01|
How much are you seeking?
Where is your proof of concept?
|Business / Re: Front Page Pls: Do You Agree With This? Entrepreneurship Needs To Be Nurtured by obowunmi(m): 11:27pm On Nov 30|
What does it do?
|Business / Re: Front Page Pls: Do You Agree With This? Entrepreneurship Needs To Be Nurtured by obowunmi(m): 8:55pm On Nov 30|
what kind of startup do you have?
|Literature / Re: When The ‘other Woman’ Triumphs: A Literary Review Of Toke Makinwa’s On Becoming by obowunmi(m): 8:51pm On Nov 30|
I don’t know why no one wants to believe that men can be broken.
Toke and Maje are two broken people.
Maje needs as much mental help as Toke. Two broken and mentally Ill people cannot be together.
|Literature / Re: When The ‘other Woman’ Triumphs: A Literary Review Of Toke Makinwa’s On Becoming by obowunmi(m): 8:50pm On Nov 30|
|Business / Re: Front Page Pls: Do You Agree With This? Entrepreneurship Needs To Be Nurtured by obowunmi(m): 2:23am On Nov 29|
|Business / Front Page Pls: Do You Agree With This? Entrepreneurship Needs To Be Nurtured by obowunmi(m): 10:20pm On Nov 28|
Entrepreneurship needs to be nurtured, fostered and not only practised in survival mode.
In 2015, I tested a hypothesis on youth entrepreneurship which I had held onto for quite a while. My question was whether we can foster and enable entrepreneurial ideas in young Nigerians than what currently ails. I decided to test this hypothesis at Lagos State Model College, Meiran in collaboration with Covenant University’s Hope Foundation Center.
We set out to train students on how to write business plans, pitch business ideas with the AWP Network providing seed funding for this initiative. Out of the 300 entries, we received the panel of judges selected the top three ideas. The AWP Network’s agenda was to take this a step further by connecting students who participated in this program to existing innovation hubs so that they can continue to work on their business ideas, refine their strategy and make it a minimum viable product in the marketplace. Well, the winners received the funds and surprisingly, gave the funds to their parents for “safe-keeping.” The students put their entrepreneurial ideas on hold and are focused on completing their education. I am curious to know why both cannot happen at the same time. Perhaps it is the intense cultural emphasis on education or the ingrained idea that excellence or success means completing a higher education.
I shudder to think: what if Michael Jackson put his genius on hold and did not start producing music until he completed a Master’s degree program at 25? How about Lebron James; imagine if he held off on basketball until he completed his Ph.D program. What about Bill Gates? Or Mark Zuckerberg whom many young Nigerians admire so much and desire to be like as seen from his recent visit to Lagos and Abuja. I remain curious to know if Innovator Peter Thiel paid young Nigerians not to go to college and provided them with an opportunity to develop and pursue their business ideas, as he does with the Thiel fellowship program, would their parents allow.
The truth of the matter is that many young Nigerians are discouraged from entrepreneurship and innovation until they have completed a higher education program and are confronted with an unfavourable job market. It is then that entrepreneurship is explored as an alternative. This should not be.
Entrepreneurship needs to be nurtured, fostered and not only practised in survival mode.
Nigerians are extremely competitive. In the United States alone, census data recognises Nigerians as the most educated immigrant group. Nigerians are amongst the top doctors, nurses, lawyers, and engineers in the diaspora. However, we lag behind when it comes to startups and fostering entrepreneurial ideas as we are risk averse. In the context of community and economic development, and despite infrastructural challenges, business education and entrepreneurial ideas ought to be fostered early on.
In 2012, 4 Nigerian girls developed a generator that runs on urine. The girls received enormous publicity for their invention at the time. However, I am pushed to ask: is anyone working with them to make their product a minimum viable one? Or will the girls have to wait until they obtain a Ph.D. and get married before they continue to explore their entrepreneurial ideas? Why do many young Nigerians have to wait until they complete a higher education and are in an unfavorable job market before embarking on an entrepreneurial journey? What will it take to change this culture that discourages entrepreneurship and innovation at an early age?
Certainly, Nigeria is not the United States, nor is Nigeria considered a first-world country, but can be best described as an emerging economy. Peter Thiel, Mark Zuckerberg, Bill Gates, Lebron James – don’t yet exist for us but we do have a few successful innovators who can help to inspire our youths on entrepreneurship and innovation. It is important that parents encourage business ideas and innovation in their children early enough so that it becomes ingrained, not as an alternative but as a path to economic freedom. This is not an easy task. It also does not mean that entrepreneurship equates to street hawking or that parents will raise an “out of school” child. Both processes can and should co-exist.
Parents should not wait until their children have attained a postsecondary school education and are confronted with an unfavorable job market or at a job where the company never pays salaries on time before exploring entrepreneurship – this should change. When one is young is exactly when they can take the risks needed to make a change; be entrepreneurially disruptive and innovative. Schooling should be a worthwhile experience. Primary and secondary schools should look to establish innovation labs to encourage students to become more entrepreneurial. The school and the child could come up with a revenue sharing model should a student’s product become a viable one in the marketplace. The private and public sector can work together with schools to strengthen curriculums, establish a student-focused Innovation Lab Competition or a business plan contest for primary and secondary school students. The future lies with our youth. We need to do more to encourage, support and foster their “naïve” business ideas early on.
By Mary Olushoga
|Romance / Re: Help! My Parents Want Me To Marry Someone I Don't Like. by obowunmi(m): 5:55pm On Nov 21|
|Politics / Re: Ambode Constitutes Lagos Neighbourhood Safety Board. by obowunmi(m): 8:56am On Nov 16|
The same governor rendering millions of people homeless.
|Politics / Re: African Voice Newspaper Honours Jibrin With Anti-Corruption Award 2016 (pics) by obowunmi(m): 10:02am On Nov 07|
Jibrin is a thief.
He is fighting for himself and his pocket. He only began his FAKE corruption fight when he wasn't winning.
Nigerians LOSE again.
|Politics / Re: African Voice Newspaper Honours Jibrin With Anti-Corruption Award 2016 (pics) by obowunmi(m): 9:59am On Nov 07|
Jibrin is an idiot, crook and a thief.
This organization has zero credibility.
Useless Jibrin. Foolish man.
|Health / Re: Sexually Active Nigerians Should Take HPV Vaccine- Expert Warns by obowunmi(m): 7:11am On Nov 06|
The issue with this virus is that there are different strains. .
The vaccine doesn't work for all strains of the HPV virus
|Family / Re: Should I End The The Relationship? by obowunmi(m): 5:41am On Oct 28|
The truth of the matter is that no one is perfect.
Marry for love or marry for money, you still deal with sh**t.
|Crime / Re: Babatunde Oyebode, Naijagistlive's Owner Confesses by obowunmi(m): 1:09am On Oct 27|
Well said. Linda Ikeji is jealous.
|Family / Re: A Frustrated Woman by obowunmi(m): 11:40pm On Oct 25|
Just walk away.
Accept your mistake and walk away.
|Business / Re: Folarin Alakija To Wed Naganin, An Iranian by obowunmi(m): 6:47pm On Oct 23|
His first wife died in 2010. So he is re-marrying 6 years after her death.
|Business / Re: Folarin Alakija To Wed Naganin, An Iranian by obowunmi(m): 6:45pm On Oct 23|
His first wife was not a Nigerian.
Looks like he doesn't like Nigerian women.
|Politics / Re: Aisha Buhari Presented An Award By The European Union And Belgium Prime Minister by obowunmi(m): 9:04am On Oct 20|
You can tell, there is NO MARRIAGE between her and her husband.
|Jobs/Vacancies / Re: Should I Seek The Help Of A Babalawo(native Doctor) by obowunmi(m): 7:24pm On Oct 16|
Even when you ask your eleda what you want... You pray to money and give to the priest.
|Culture / Re: Ooni Ogunwusi Wears Aare Crown For The First Time (photo) by obowunmi(m): 12:20pm On Oct 16|
What people don't like about these things are:
1) the secrecy involved in the initiations
2) the constant need to sacrifice an animal
Chiristianity doesn't involve any kind of secrecy. In fact, you usually leave your battles to God.
|Religion / Re: Thank God For One Thing In Your Life by obowunmi(m): 12:10pm On Oct 16|
I thank God for the millions in my account , his grace over myself , good health and peace of mind.
|Jobs/Vacancies / Re: Should I Seek The Help Of A Babalawo(native Doctor) by obowunmi(m): 12:09pm On Oct 16|
Even pastors ask for money before prayer.
|Jobs/Vacancies / Re: Should I Seek The Help Of A Babalawo(native Doctor) by obowunmi(m): 11:17pm On Oct 15|
IFA priest would want money.
Where would you find money
|Politics / Re: Divine Momoh Shows Her Swimming Skills To Buratai, Dalung, Others (Pics) by obowunmi(m): 11:09pm On Oct 15|
Why is she sitting on his lap? GROSS!
|Health / Re: Mouth Odour In Nigeria,[ Causes & Treatments] by obowunmi(m): 5:18pm On Oct 15|
Tonsil stones also cause serious bad breath.
When food particles get stuck in the back of your throat.
|Religion / Re: How God Healed, Saved And Delivered Me From HIV (My Story) by obowunmi(m): 10:45pm On Oct 14|
Instead of him to get tested.
He could have gonoreahea, Herpes, Clymadia....the list is endless.
|Religion / Re: How God Healed, Saved And Delivered Me From HIV (My Story) by obowunmi(m): 10:44pm On Oct 14|
Even if you claim that you do not have HIV, you probably have some kind of STD/STI.
Hope you receive some sense and get tested. You sound like someone who lacks parental guidance and care.
|Romance / Re: Woman Narrates How Irish Lover ‘deliberately’ Infected Her With HIV (photo) by obowunmi(m): 10:23pm On Oct 14|
Women - receive sense abeg.
|Romance / Re: 7 Unreal Factors That Often Cause Delay In Marriage by obowunmi(m): 12:17pm On Oct 11|
|Romance / Re: 7 Unreal Factors That Often Cause Delay In Marriage by obowunmi(m): 11:50pm On Oct 10|
The truth of the matter is that friendship is the core of most relationships.
If the friendship isn't there, is marriage still possible.
|Family / Re: Wife Burns Husband's Official Documents In Lagos Over His Adulterous Acts by obowunmi(m): 11:23pm On Oct 10|
Marriage is not by force.
If you don't love someone ..you can't respect them ever.
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