Promoting youth entrepreneurship in Lagos, Nigeria - SNHU ...

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to seek the challenge (to compete with others)to be respectedto do something newto realize your ideas/visionto connect your job/business with your passion/hobby….Others………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………2. Is starting a business your only option or did you have other options?I don‘t have another choice!I had other options, but l recognized a business opportunity!3. Has your social, cultural environment encouraged or discouraged you to start a business?- What is/was your perception regarding the attitude of (young) people towards entrepreneurship? Is it seen as a toorisky or rather respectable career?…………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………4. Who is encouraging, discouraging, influenced you to start-up a business?Influencers essential mainly mainly no don‘tInfluence positive negativeinfluence know1. Parents & family2. Teachers or lectures3. Career advisers4. Friends5. Entrepreneurs6. Media (TV, Radio, Internet)coverage of businessesand business people7. Other: ……………………………………………5. In your opinion, what measures could improve the acceptance and appreciation of entrepreneurship in society andin particular among young people of your country?(e.g. better media coverage, entrepreneurial education in schools, etc.)………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………116
………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………6. What have been important de-motivators (fears) for you to engage in business?Fear or de-motivators strongly disagree neither agree agreedon‘tDisagree agree or stronglyknowDisagree1. Financial risks:I am worried by the possibilityof losing my (invested) moneyI am afraid of not being ableto pay back my loan, credit orborrowed money2. Access to finance- Capital to investI am afraid of not being ableto get enough money to start myown business3. Social(protection) risks or costs:I am worried by the possibilityof having no social safety net/securityHealth insurance ,pension, e.t.c)I was afraid of the high costs for social protection4. Lack of skills(confidence in my skills & experience)I am afraid of not having the right skills and experience5. Administrative hurdlesI am worried by the possibility ofnot meeting licensing and regulatoryrequirement6. Gender:I am worried by the possibilityof being disadvantaged becauseof being a woman7. Stigma associated failing:I am worried about what myfamily or other people would think of me if I failed117
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Promoting Youth Entrepreneurshipin
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3.6 CNA Results: ..................
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List of TablesTable 1: Logical fram
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ACKNOWLEDGEMENTThis dissertation co
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1.0 PROBLEM STATEMENTThe impact of
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During the early years of independe
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The main purpose of this literature
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loans due to the high interest rate
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Gambia and Nigeria in West Africa,
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Two are highlighted here as the mos
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successfully launching a new enterp
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demand economic growth including ma
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skills training to young men and wo
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Treating youth as ‗clients‘ and
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students‘ personal environment (p
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children to go into businesses. The
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the experience to know all these re
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3.0 COMMUNITY NEEDS ASSESSMENT REPO
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forms which cover areas such as mot
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fashion, poultry, fish farming, tra
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This study targeted both the employ
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Total 20 100%Figure 12: Type of fam
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Majority of the respondents are ope
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Figure 21: Factors the influences e
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3.8.3 Important de-motivating facto
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The response here is very diverse.
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• It is helps to determine the ne
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4.0 Project Description4.1 Host Org
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emerged ( morecreative, less riskav
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selection process1.0 Stakeholdersse
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4.4.2 Implementation ReportThe proj
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4.4.5 Group Formation:This activity
Page 66 and 67: Project Objective One: Improvements
Page 68 and 69: 5.0 Monitoring and Evaluation5.1 In
Page 70 and 71: 5.3 MonitoringThis project aimed at
Page 72 and 73: There was a reported percentage inc
Page 74 and 75: 5.4 Evaluation5.4.1 Conceptual Fram
Page 76 and 77: awareness on youth entrepreneurship
Page 78 and 79: processes, knowledge practices (i.e
Page 80 and 81: are efficient. We hypothesized that
Page 82 and 83: elationship with the income level.
Page 84 and 85: 6.0 Sustainability PlansThe sustain
Page 86 and 87: 7.0 Lesson Learnt7.1 RelevanceThis
Page 88 and 89: 8.0 RECOMMENDATIONSThe findings sug
Page 90 and 91: and are passionate to start busines
Page 92 and 93: 9.0 REFERENCES:Australia Government
Page 94 and 95: United Nations. (2007, December 18)
Page 96 and 97: MFI (Stakeholder)for the youthThey
Page 98 and 99: Appendix 10.3: Detailed BudgetS/N E
Page 100 and 101: Percentageincrease inincome levelof
Page 102 and 103: dataPercentageincrease inYouth-rune
Page 104 and 105: entServicesandCounselingyouthreceiv
Page 106 and 107: Appendix 10. 7: Community Needs Ass
Page 108 and 109: 4. Starting date: _________________
Page 110 and 111: 13. In your opinion, what measures
Page 112 and 113: 13.1 Other regulative barriers: The
Page 114 and 115: ……………………………
Page 118 and 119: 8. Workload:I am afraid of not bein
Page 120 and 121: What have been the major impediment
Page 122 and 123: Appendix 10. 8: Socio -Economic Sur
Page 124 and 125: Appendix 10. 9: Business Advisory a
Page 126 and 127: ___________________________________
Page 128 and 129: Description Strengths Weaknesses Im
Page 130 and 131: Appendix 10.0: Stakeholder Analysis
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