We have seen very many nations especially the first world countries that
have progressed very fast and quickly as a result of the entrepreneurial spirit
that they have built among their people and this entrepreneurial spirit is
helping them grow their economy.
Today one of the biggest problems that we are
facing not only in Uganda but also all over the world is youth unemployment.
There are very many youths that are coming out of the universities and ending
up on the streets jobless.
If we are to guarantee a great future for our kids,
then we will need to teach them how to develop some good entrepreneurial
cultures that can help them move forward and change their life.
I would like to
talk about how we can build a very good entrepreneurial culture among our
youths.
1. We should
first stop the mentality of being needy among our students
If we truly want our students or kids to become very good entrepreneaurs
who will be able to earn some good income by themselves, we should first change
their mindset of being needy and beggars.
Some of the parents out there are
doing a very bad job trying to give their kids a lot of things without these
kids actually working for them.
Iam not trying to say that you should stop
helping your children but what Iam trying to say is that sometimes you need to
give the chance for your kids to learn how to make money themselves.
For
example you could make your children wash the car after they are done with it,
you can then give them some money as a sense of reward.
During holidays, you
could take these children to your shop or business and give them some tasks to
perform which can make them learn how to make money. This will teach them the
lesson that every penny is earned and not just begged.
2. Develop
the saving culture among students
To be a very good entrepreneur, you will need to learn how to make money
and most importantly also learn how to keep money.
One way you can teach the
students how to keep the money that they will be making is to teach them how to
save money.
You could buy a small box which is commonly known as piggybank that
they could use to save small amounts of money.
With time when they get used to
postponing gratification through the habit of saving, it means that they will
be able to keep the money that they will be earning from their businesses
easily.
If these students learn how to save money, they will be able to raise
some capital from the little pocket money that they get from their parents and
they could use this money to start some small business ventures.
3. Challenge
them to start a small business
Most schools lack the practical bit of business. If you truly want your
students to learn how to do business, don’t just make them sit in class and
listen to professors but let them get out there and start up a small business.
It could be as a simple as selling pens to their fellow students or selling
books to their fellow students. Through doing this, they will be able to learn
how to sale and advertise their business.
Starting that small business venture
will also help them learn how to handle customers which is commonly known as
customer care. Real business is done in the real world and not in a classroom
or through exams.
So exposing students at an early age to doing business will
give them an upper hand in becoming great entrepreneurs in the long run.
Through starting a small business, they will also learn how to take risks that
are calculated and how to minimise and if possible avoid the risks in business.
Most schools lack this practical aspect of business and that’s why people who
have studied Business Administration with very many grades cannot even start up
their own businesses from the scratch.
These tips will help develop
entrepreneurship skills and culture among the youths which is urgently needed
since unemployment is becoming a real virus that is eating up into our society
and causing all sorts of problems especially insecurity not only in Uganda but
all over the world.
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