There are quite a number of
writers on unemployment, but they mostly write
from a narrow perspective. They assume they are writing for an audience
of people seeking employment and not those who wish to start a business on
their own or in partnership with others. They tell you that you are jobless
because you do not know how to demonstrate what you know and can do, that your
resume is disorganized and strewn with errors and you do not take networking
seriously.
The result of drumming the wrong
message without end is obscuring the option of using whatever skill young
people have to enter the goods and services market. There's another view.
Increasing competitiveness and
technological advances have brought greater uncertainty in the way we work and
the kind of work we do. That is something you can benefit from if you decide to
change to an entrepreneurial mindset. It is a new way of thinking that one can
benefit from the uncertainty.
The internet as a new medium of
business has unbelievable potential to transform
all aspects of life including prospects for those joining the workforce. So how
will you get started? Here are a few things to take note of.
- Seek out opportunities daily. Be alert and observant for changes in what is advertised in the papers, what people are talking about, trouble you may be having with appliances at home, etc. Read biographies of outstanding entrepreneurs, they are treasure houses.
- Keep a record of your business ideas. Write a short description of the business idea (concept), find data that can help you establish whether the idea is feasible. This may include things like estimates of likely customers.
- You need to examine who is already in the market with a similar service or product and how you can differentiate your offering from theirs.
- Look out for particular skills or resources that you will need to thrive in the market. Establish ways of acquiring them. There are plenty of Teach Yourself resources online.
The business opportunity
should be something you love to do. That way you will go to
work that is tough, but something you are committed to and find enjoyable.
There will be difficulties and
rejection as you start out. Remember the way of beginning on your own is one of
restlessness, persistence and perseverance. In the 1950s Ray Kroc, founder of
McDonald’s approached relatives and friends for backing to start a new kind of
hamburger restaurant. They discouraged him and told him to stick to selling
milkshake blenders.
The 3M Corporation did not see
potential in post-its (sticky notes) when Art Fry first brought the idea to
management. He did not give up. Sticky notes are now a several hundred million business
for 3M.
They did not give up. You too can
succeed as an entrepreneur, initiator and developer and not just an employee.
*Listen to Thomas Friedman speak about changes in times of rapid technological advance
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