Promoting youth entrepreneurship in Lagos, Nigeria - SNHU ...
Promoting youth entrepreneurship in Lagos, Nigeria - SNHU ...
Promoting youth entrepreneurship in Lagos, Nigeria - SNHU ...
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13. In your op<strong>in</strong>ion, what measures could improve the acceptance and appreciation of <strong>entrepreneurship</strong> <strong>in</strong> societyand <strong>in</strong> particular among young people of your country?(e.g. better media coverage, entrepreneurial education <strong>in</strong> schools, etc.)………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………13. What have been important de-motivators (fears) for you to engage <strong>in</strong> bus<strong>in</strong>ess?Fear or de-motivators strongly disagree neither agree agreedon‘tDisagreeagree orDisagreestronglyknow1. F<strong>in</strong>ancial risks:I was worried by the possibilityof los<strong>in</strong>g my (<strong>in</strong>vested) moneyI was afraid of not be<strong>in</strong>g ableto pay back my loan, credit orborrowed money2. Access to f<strong>in</strong>ance- Capital to <strong>in</strong>vestI was afraid of not be<strong>in</strong>g ableto get enough money to start myown bus<strong>in</strong>ess3. Social(protection) risks or costs:I was worried by the possibilityof hav<strong>in</strong>g no social safety net/securityHealth <strong>in</strong>surance ,pension, e.t.c)I was afraid of the high costs for social protection4. Lack of skills(confidence <strong>in</strong> my skills & experience)I was afraid of not hav<strong>in</strong>g the right skills and experience5. Adm<strong>in</strong>istrative hurdlesI was worried by the possibility ofnot meet<strong>in</strong>g licens<strong>in</strong>g and regulatoryrequirement6. Gender:I was worried by the possibilityof be<strong>in</strong>g disadvantaged becauseof be<strong>in</strong>g a woman110