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

More documents

Recommendations

Info

students‘ personal environment (parents and family members), lack of trained/educated teachers,lack of career information and business possibilities ,lack of business and education linkages andlack of ICT infrastructure/capability.All these problems constitute a major stumbling block to the successful implementation ofan entrepreneurship culture among youth in Nigeria. The dearth of entrepreneurship studies in ourschool system has to be tacked holistically focusing on introducing the curriculum at alleducational levels and changing the teaching methods and reviving the career counseling unitsboth in the secondary and tertiary institutions2.7.3 Training and Business Development Services:Potential youth entrepreneurs and existing youth run enterprises need more than access tocredit. As the successes of the OICI Ghana programme suggest, they also need to know how todevelop a business plan, business management, management of business finances (budgeting),time management, stress management, improving sales, managing and reducing costs, debtrecovery techniques, stock control techniques, marketing and recruitment.The following are the key constraints facing training and business development or supportservices for the youth; Lack of business connections: (business contacts, suppliers, suitablepartners and networks), lack of knowledge of available business support services, lack of tailormadebusiness training and advice for young start-ups, lack of trained counselors, developmentworkers and adequate support agencies, lack of mentoring capacities, lack of workspace and ICTinfrastructure, lack of exchange networks, forums and meeting places, lack of other businessdevelopment services.Some strategies, tools and initiatives could be used to improve business development assistanceand Support for young people and they includes; research targeting on the real need of young30
people and their accessibility and not by using trial and error. Surveys could be used to know theperception of young people on these types of services.The services providers should also learn how to improve their professional and technicalcompetence, especially in the areas of programme conception, design, implementation andevaluation so as to gain the confidence of youth.2.7.4 Social and Cultural Barriers Attitude towards Youth Entrepreneurship:As cultural and social backgrounds influence an individuals‘ approach to life, they similarlyinfluence entrepreneurial activity and enterprise culture. Enterprise culture is defined as ―set ofattitudes, values and beliefs operating within a particular community or environment that lead toboth ‗enterprising‘ behavior and aspiration towards self-employment.‖ Gibb (1988). Researchershave long realized that cultural attitudes influence the entrepreneurial activities of a population, acountry, region or ethnic group and that the interaction between culture and entrepreneurship isstronger in the case of some groups than it is in others. Thus cultural differences between nationsare increasingly understood as an important determinant of a nation‘s level of economic andentrepreneurial development. A cultural environment in which entrepreneurship is respected andvalued, and in which business failure is treated as a useful learning experience rather than asource of stigma, will generally be more conductive to entrepreneurship.Promoting an enterprise culture amongst young people would demand finding out theirlevel of awareness, attraction and involvement with business and enterprise, in order to establish abenchmark of their current attitudes and behaviors with the subject topic. Promotion of crediblerole model could have an influence on young people‘s personal environment and could be used toencourage and motivate young people to engage in businesses. This could be by using someonewho has succeeded in business and with the help of media, could encourage parents to allow their31
Page 1 and 2: Promoting Youth Entrepreneurshipin
Page 3 and 4: 3.6 CNA Results: ..................
Page 5 and 6: List of TablesTable 1: Logical fram
Page 7 and 8: ACKNOWLEDGEMENTThis dissertation co
Page 9 and 10: 1.0 PROBLEM STATEMENTThe impact of
Page 12 and 13: During the early years of independe
Page 14 and 15: The main purpose of this literature
Page 16 and 17: loans due to the high interest rate
Page 18 and 19: Gambia and Nigeria in West Africa,
Page 20 and 21: Two are highlighted here as the mos
Page 22 and 23: successfully launching a new enterp
Page 24 and 25: demand economic growth including ma
Page 26 and 27: skills training to young men and wo
Page 28 and 29: Treating youth as ‗clients‘ and
Page 32 and 33: children to go into businesses. The
Page 34 and 35: the experience to know all these re
Page 36 and 37: 3.0 COMMUNITY NEEDS ASSESSMENT REPO
Page 38 and 39: forms which cover areas such as mot
Page 40 and 41: fashion, poultry, fish farming, tra
Page 42 and 43: This study targeted both the employ
Page 44 and 45: Total 20 100%Figure 12: Type of fam
Page 46 and 47: Majority of the respondents are ope
Page 48 and 49: Figure 21: Factors the influences e
Page 50 and 51: 3.8.3 Important de-motivating facto
Page 52 and 53: The response here is very diverse.
Page 54 and 55: • It is helps to determine the ne
Page 56 and 57: 4.0 Project Description4.1 Host Org
Page 58 and 59: emerged ( morecreative, less riskav
Page 60 and 61: selection process1.0 Stakeholdersse
Page 62 and 63: 4.4.2 Implementation ReportThe proj
Page 64 and 65: 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 116 and 117:
to seek the challenge (to compete w
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
show all

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

You also want an ePaper? Increase the reach of your titles

Delete template?

Save as template?