ENTREPRENEURSHIP: THE REMEDY TO UNEMPLOYMENT MENACE IN NIGERIA AND YOUTH RESTIVENESS

Many great men and women we hear about today started building their lives as youths. Youth age is the best age to shape and establish one’s life. Youth of nowadays are opportune because information and knowledge flies through their cell phones, which was not so, few years back. There is high unemployment today in Nigeria. It may look like there is no hope, but there is high hope if we could embrace God and become professional in our dealings.

Life starts from school, which is a place of preparation. Young people should start thinking of what they will do with their lives from SS1 age. The mindset should be on: after school, what next, or what can I start doing now? Youth age is the age when talents are incubated and put to good use. God is counting on the youths for the rebuilding of the broken walls of Nigeria. Youths are not the leaders of tomorrow, they are the leaders of today, and that leadership starts with self sustenance and establishment, which only can be attained through dedication, hard work and fear of God. Isaiah 61:4 says that God is looking for men that can rebuild the old ruins. God is planting trees of righteousness, and you can be one of them.

Unemployment is a situation where somebody has no means of livelihood, has nowhere to earn any form of wages, even when he/she is able-bodied and willing to work; the spirit and body might be willing, the skill could be there, but no job vacancy for such person to deploy his or her abilities in order to earn some income and live.  Unemployment increases the risk of poverty, it causes loss of motivation and mental problems, it causes economic, cultural and social isolation, it has a negative effect on economic growth and productivity, etc.

According to reports from the National Bureau of Statistics (2017) 7.9 million Nigerian Youths aged 15 to 34 are unemployed and this figure increases after each academic year, as fresh graduates join to face reality. Unemployment has eaten deep into the fabrics of Nigeria with its numerous menaces like: armed robbery, kidnapping, prostitution, youths been hired as thugs to kill, youths being used as sugar boys and sugar girls by their so called sugar mummies and sugar daddies, etc. This is the level of bondage that unemployment has taken youths to and only entrepreneurship or gainful employment can take them out of it.

Entrepreneurship is taking a great idea and turning it into a business to earn a living and serve others.

To become a good entrepreneur, you need to possess the following characteristics or qualities:

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      Strong Values – Possessing great principles and Creating high standards

·        Determination – The desire never to give up, but to focus on the goal.

·        Resourcefulness – Ability to create or invent wealth making ideas

·  Sense of Responsibility – Exhibiting maturity in one’s lifestyle, and self discipline

·       Self-Confidence: The assurance of one’s capabilities and self motivation

We are usually faced with so many questions and excuses when it comes to setting up our own business. What will I do? How do I start? How will I raise the money? How will I get good workers and how will I manage them? These questions and many more shall be treated below. To run a successful business, one needs to acquire the skills and become empowered intellectually.

Steps to Becoming a Successful Entrepreneur/Becoming an Employable Youth

One of our tasks today is to help you realize who you are, where you are and what you need to do to get to your next level. There is always a higher level.

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     First, you have to discover who you are; what you like to do, what you do better than others, what gives you joy and satisfaction, those services you need out there but don’t receive them at all or you receive them but not to your satisfaction.

·       Acquire skills like artistic/graphic designs, computer skills, etc.

·      After self discovery, focus on those things that give you much concern that you have taken note of and turn them into business ideas.

·        Do not procrastinate, start immediately

·    Every mistake or disappointment is an opportunity to learn something new in your business, so do not be discouraged. Failure is a learning strategy but only for those who get up after a fall.

·      Study and learn especially from:

The Word of God: It is a necessity for us to study and keep studying the WORD OF GOD and invite the Holy Spirit to give us insight. When we study God’s word, we equip ourselves for success and prosperity. See

(a)     2Tim. 2:15 – Study to show thyself approved…. the required knowledge to work for God and to run a successful business.

(b)     Josh. 1:8 – This book of law shall not depart from your mouth……good success and prosperity

 (c)    Hos. 4:6a – My people perish for lack of knowledge-be in or be out

Jesus was successful because He knew the Word of God and how to use it to resist the devil when it came to distract Him from focusing on His business.

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         Study and learn about the business of your interest

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     Study and learn from successful people

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     Study and learn from your environment and experiences

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     Be faithful to God and live righteously, God through the Holy Spirit gives the power to make wealth. It works for me, so it will work for you

·      Pay yourself, as a compensation for all your hard work, and the reason for more hard work

In a nutshell, here are the tips on Success in Entrepreneurship and becoming an employable youth

·        Love what you do

·        Surround yourself with people who share in your dream

·        Update yourself with technological trends

·        Identify and adopt customer friendly strategies

·        Insist on quality

·        Know the rules of the business and stick to it

·        Manage your time well

·        Always make provision for the unforeseen circumstances

·     See your business as your child; you sacrifice to raise your child to be above you. If you also do that for your business, when it grows, you will be fulfilled all your life. Money that comes from hard work is fulfilling.

Businesses Opportunities

There are so many business opportunities around us that youths can take advantage of with little or no capital, especially while still in school, which can guarantee their success after graduation. These opportunities are:

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      Soya bean business

·        Fashion designing

·        Car wash services

·        Bid/Hat making

·        Photography and video services

·        Creative painting/art gallery etc.

·        Tutoring services

·        Party promotion

·        Hair styling and grooming services

·        Housekeeping services

·        Social Media Marketing

·        Livestock management

·        Etc.

Graduates can equally take up some available job opportunities while searching and waiting for their dream job. Even when one finds his or her desired job, it is still possible to work efficiently as an employee and manage a personal business. Below are some of the businesses youths can venture into as graduates, without much capital:

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      Recycling of empty mineral cans, empty plastic containers, empty bottles, crown corks etc.,

·        Cassava processing

·        Cashew nut processing

·        Palm oil business

·        Horticulture

·        Corporate business/Marketing

·        Mechanic

·        Welding and soldering

·        Painting

·        Interior Decoration

·        Event Management

·        Wood works

·        Etc.

Conclusion

Jesus is telling us today in Luke 19:13 to occupy until He comes. Occupy means take charge, inhabit, take possession of, take care of, live in, make use of, put something to work. This is said in respect to the beginning of Jesus' parable of the ten minas. A master gives his servants ten minas before he leaves and tells them to occupy until he comes. New King James Version says ‘Do business till I come.’ That means we are here for a very serious business delegated to us by someone higher than us. As in Luke chapter 19, two out of the three servants traded their minas or money or talents, etc and raised extra income for their master, while the servant who received one mina hid it and brought it out as it is and gave his master on return. Youths, don’t waste your own mina, gift, talent, etc. because they all belong to God. Use your talent to serve God and man; by so doing, your reward is assured in Heaven and here on earth.

God bless you!

Written by Olive Chinyere Amajuoyi