Tag: Business

Highly Successful Entrepreneurs Only See Ideal Earth

January 24th, 2023

Highly successful entrepreneurs are a Lion breed of people, seeing the earth as their kingdom and doing everything to dominate it, change it for the better and ensure the continuity of the ecosystem. Their vision of the world defines their thoughts and their mission and therefore brings out some sterling qualities that differentiate them from the ordinary person.

Entrepreneurs live out their lives in confidence that they have a purpose on earth and then exercise that authority over every aspect of life. As discussed in my earlier postings, some of these traits are inherited and some are learned to support and stress the inherited traits. The attributes and qualities of entrepreneurs are the ideal nature of man in search of their purpose on earth.

Entrepreneurs seek to create an ideal world on earth by always searching for better ways of doing things that serve humanity. Every generation of entrepreneurs is searching for the lost hope and ideal life on earth through innovation and creativity. Deep in the crevices of the secret chamber of the subconscious mind of the entrepreneur is the memory of a lost utopia, and their deepest passion is to recreate the ideal world that was lost long ago. This has led them to believe that somewhere, somehow, there are solutions to the problems of the earth and they can solve them through creativity and innovation.

One significant quality of successful entrepreneurs is that they worship problems when they see them. In their thoughts and subconscious mind, they are problem-oriented, seeing the problems mainly as opportunities to recreate the earth and make it better than they met it. To achieve their goals and purposes they identify a niche issue that will affect society and change the world. The endurance, persistence, resilience and diligence of the entrepreneur, are motivated by the passion to change the world, so they keep working on the problem as a team until a solution that applies and is pragmatic is found.

Their teamwork is solidified in their friendly and humorous nature and motivating feedback to team members, by always saying thank you strongly. Great entrepreneurs focus on quality and good product design until they get an excellent investment. Their drive is never to make money but to create a better world and move the life system to the lost ideal world of peace, joy, and justice.
Networking is a Critical Skill for the Young Entrepreneur

January 19th, 2023
All great business ventures had people who were involved remotely and, without whom, the business might not have made it to reality. These remote people are the network of the business venture. Networking is valuable to any entrepreneur and can open doors to critical opportunities, knowledge, ideas and support that can be the difference between a business venture that succeeds and one that fails. Networking involves building and maintaining contacts and relationships with other people. It provides a means to satisfy critical objectives or needs, therefore the network itself is critical.

There are there main types of networks, namely social, professional and artificial networks. Social is the entrepreneur’s personal network of contacts made informally through social or non-business activities. These contacts may be family, friends, former work colleagues, or contacts made through the university. While Professional networks are contacts made through business activities. Artificial networks are set up within business communities and are open to new members, trade associations, and professional institutions. The business community has several local networks, many dedicated to high technology and/or start-up companies.

Here are some examples of general sites where entrepreneurs can network with other people. LinkedIn is a primary social network for professional networking and career development. Entrepreneurs can join organized peer groups such as the Executive Suite, Startup Specialists Network, Social Entrepreneur Empowerment Network, and Digital Marketing.

The personal networks which entrepreneurs accumulate over time both socially and professionally can be an invaluable resource to their business venture. This applies whether the entrepreneur is looking to start and grow their own new venture, whether they are looking for a contract, or working on a project where external ideas and input can be a help. For entrepreneurs, a contact made at a purely social event may ultimately help to provide them with one of the key ingredients for the start of the business venture.

Today, a strong network is one of an entrepreneur’s most valuable business assets. They use business cards and pitches, confidence and curiosity, to find networking opportunities and niches to create a network that opens doors and offers support as the business venture matures.

Some significant ways entrepreneurs maintain their networks include:
- Asking after friends and contacts via email, text message, or phone call
- Periodically meeting for coffee or meals
- Sending holiday greetings through social media.
- Attending events they are hosting and inviting them to yours
- Sending articles or opportunities that might be of interest
- Asking questions
While these may seem simple, they require time and energy and signal that the relationship is important to entrepreneurs. Therefore, a strong network can provide entrepreneurs with practical advice through seasoned entrepreneurs who share guidance based on their successes and mistakes. It can also provide funding and investments through relationships with investors that can provide the capital necessary to grow the business venture.
Best To Be A Small Business With Big Dreams.

January 19th, 2023

There is nothing wrong with starting small in today’s world. Indeed, it is nature’s way of growth and multiplication. Entrepreneurs understand business ventures are driven by ideas, knowledge, understanding and wisdom. In this information age knowledge and ideas abound and the entire world is driven by data, facts, information and artificial intelligence. Seeking knowledge of ideas in today’s world has never been easier.

Knowledge and content abound in all forms and it is therefore easy to introduce a child or youths to early entrepreneurship. Possessing the understanding of the idea and knowledge to become a founder or entrepreneur involves meditation and a change of mindset. The change of mindset is very important as it defines how they see the world. Everything around us is made by humans who want to solve problems and make life easier. Once the understanding that one can change things permeates the mind, then the entrepreneur is born. At this point they will try new ventures, fail and try again and ask for help when needed.

This is the point where the entrepreneur must watch what is fed to the mind and how the mind processes the information. It is the step that determines the rate at which the entrepreneur turns the idea into reality. In addition, this step depends on individual growth, feeling, reasoning and conviction. Usually, this aspect of business venture inoculation is not taught in the classroom but is learned at home or inherited by the entrepreneur.

That being said, there is a big difference between entrepreneurs who bootstrap their companies and founders who immediately raise money. The former go through starting small and learning the rope through, faith, hope, love for humanity, diligence, endurance, patience and wisdom. It could be a tedious process but compared to previous generations, bootstrap entrepreneurs have much better access to tools, customers and capital once the initial issues of nurturing ideas have been settled.

Bootstrapped founders might grow slower, but in the end, they steadily reach the ultimate freedom to dream big and build a business that serves humanity. Such business ventures last for years as they have been tried in the crucible of entrepreneurship. And that is the beauty of starting small entrepreneurship.
You Do Not Need Money To Start A Business.

January 18th, 2023

An entrepreneur starts a business venture hoping to make it a money-making machine, but it has to be nurtured from vision to maturity and dominion of the niche. Entrepreneurs are like farmers who converts barren land or forest to productive land. The farmer must be sure that the land is fertile and suitable for the proposed crop or seed. With business ventures, the entrepreneur is the farmer; the land is the business venture and market, and the seed is the business idea.

The road to manifesting a business idea starts with a mission, strategy, execution and vision, leading to intended desire involves knowledge, belief and conviction. This concept is a deceptively simple but powerful way of thinking about the challenges a nascent business venture brings before the entrepreneur. The understanding of this concept is incredibly important because these are some of the most critical things business owners and entrepreneurs must determine before they begin to infuse money into the business. An idea or a dream that comes up in the entrepreneur’s head is not the business but a vision. It is simply a seed looking for fertile ground. Incidentally, it is an idea of the times whose season has come and when understood can be applied to the fertile ground to become a business venture that must be nurtured with all necessary ingredients.

My 37 years of business have shown me that to start a business venture the entrepreneur must see the dream in three dimensions. A vision is a mental picture generated in the subconscious mind, representing the ability to think and plan the future with imagination, knowledge and wisdom. It can also be a set of dreams of long- and short-term goals. The mind game starts with the answer to a simple question. Why should this business exist?

The answer leads to the mission of the business venture, which will generate the platform from which strategy flows, and defines what needs to be done for the business to exist. If that criterion is not met, we can keep on talking about vision, mission, values and purpose till the opportunity pass away. On the other hand, an ignorant entrepreneur may decide to spend all the money on earth and the business will never start because the foundation is on the sand. When the entrepreneur puts the vision before the mission it implies that they have the idea which serves as a director. This idea might have lofty ideals with no connection to reality or execution. However, when it clashes subsequently with the main reason for the business venture, the entrepreneur can change the vision to where it is headed, or stubbornly pursue the original vision. The steps we take to ensure business continuity while adapting, sustaining and thriving in the environment are how entrepreneurs shape up business ventures and shape the vision into reality.

As the business venture develops, culture develops and a broad outline of where the business is headed starts taking shape. We can take corrective steps to ensure that we are headed in the right direction, mission, strategy, execution, and culture. This is the point where capital and money play crucial roles.

Manifesting desires in business is a process. It requires patience and the ability to align thinking, thoughts, communication, and action to what can be controlled consistently. How entrepreneur thinks determines how they will be and become from their desire. What entrepreneur becomes is determined by how they do things differently to achieve better and more sustainable results.

Entrepreneurs dream ideas to reality and live so that others benefit from their life. Their vision, mission and strategy, light up their gifts and their talent. They use that gift to build businesses that provide solutions to solve man’s problems on earth. They are delighted to share these gifts otherwise it would be an injustice to humanity.
Entrepreneurs Must Accept Failures and Be Resilient

January 11th, 2023

Resilience is the first-time entrepreneur’s worst nightmare. At the start of a business venture, there is always the need to correct things and develop the ability to withstand failures and disappointments and bounce back. Resilience is also the quality of being able to adapt to stressful life changes in business processes, withstanding the tragedy of financial loss, the crisis of management, or other life-altering changes that allow the enterprise to move on despite the failures.

Showing resilience in a business venture does not mean that the entrepreneur is unaffected or uncaring about the failure of the enterprise, but it depicts the mind’s ability to suffer and grow from it. Similarly, resilience does not mean that the enterprise will not experience financial stress, emotional upheaval among workers, and shortcomings in the achievement of set goals, but it implies that the entrepreneur can peacefully work through the emotional pain and suffering that business failure presents. Resilience comes from the lessons and skills the entrepreneurs absorb as the business grows up to maturity.

Entrepreneurs that who make mistakes must learn to either pick themselves up and start again, and apply what they learned from those mistakes, or roll over and give up. Learning how to bounce back from failure is a vital skill for survival of a business venture. Entrepreneurs should learn to develop a thicker skin as they accept mistakes and failures as growth tools and normal life processes. Knowing how to overcome the obstacles blocking them from their goals enables them to learn to rely on their inner strengths and skills to get them through challenging situations.

Early in Nigeria, the cultural and creative industries were not doing well, but recently it has generated considerable economic wealth for the nation because of the resilience of the practitioner, actors, comedians and musicians. Young entrepreneurs in this sector ranked first among those who want to start a new business in Nigeria, but there is a higher rate of established and mature companies adults. This scenario means that nascent entrepreneurs face higher barriers in different because they need more access to information, knowledge, training, or peer-to-peer support networks. Success stories of young entrepreneurs in the creative sector have raised awareness among policymakers to empower youth-led initiatives that produced the support needed to build COVID-19 resilience. Resilience is an invaluable skill throughout the stages of business growth to maturity. Learning resilience will enable entrepreneurs to be undeterred from their visions and mission, regardless of the opposition.

In conclusion, becoming more resilient takes time and practice. It involves learning the skills of strong inner conviction, patience, endurance, hope, courage and charity. Mastery of soft skills helps the entrepreneur develop inner peace that sustains the stability of the business and the mental health of the entrepreneur. Choosing to trust in the business conviction, faith, hope and love for quality delivery, rather than rely on what they feel is the best way to stay resilient.
A Young Entrepreneur Who Wants To Be Great Must Transform The mind

January 10th, 2023

The earth is filled with treasure, and it is a reservoir of wealth and riches. Every human came to this earth with a primary ability and gift for the service of humanity. No one is useless. Entrepreneurship is one of the ways of exploiting treasures and wealth, while the primary gifts and learned abilities make all creatures unique. When a young entrepreneur emerges with conviction and faith, hope, love and charity direct the exploitation of earth resources, through the building of business ventures. The primary purpose of entrepreneurship is to manage the treasures of the earth’s resources for the benefit of humanity.

The mind of man is the operating engine of entrepreneurship, and the belief system is the secret to greatness. Therefore, for young entrepreneurs to be great, they must be transformed into a mindset that makes them custodians of earth resources and not owners. There is the conscious and subconscious mind. The conscious mind is like the desktop and the subconscious is the hard drive of the computer. To transform the operating system of the computer, the software of the hard drive must be changed. In the same way, the subconscious mindset must be changed through the type of knowledge and belief system that is allowed into the mind. Continuous intake of entrepreneurial knowledge, understanding and wisdom, followed by networking with successful entrepreneurs the change of mindset can be achieved.

Entrepreneurs do not see with their eyes, they see by their beliefs. The mind visualizes the needs of society, acquires knowledge behind the identified needs and deciphers the guidelines and operating standards to develop an understanding of how to use the knowledge to solve the identified problems. Entrepreneurs can only operate and develop a business venture with a changed mindset, by the application of knowledge and understanding of the problem.

The transformed mindset has profound responsibilities that demand the sustainable management of the goods and services required to solve human problems and increase the quality of life on earth. No matter the circumstances, the entrepreneur’s mindset must not freeze the energy to see opportunities around society.

All humans are born winners, but we must win life’s game. If a student hates the teacher, they will probably struggle. If citizens hate their nation, their minds will mask the best treasures the nation can offer. Greatness comes when the young entrepreneur wins the mind through transformation and change of habits. For greatness to be sustainable, the young entrepreneur should be the boss by their own state of mind.
Nothing is Permanent In This World

January 3rd, 2023

I

I copied this article long ago from an unknown source. Every time it reminds me of my passion for entrepreneurship and the notion that I am in control of everything.

When wisdom came I realised that until I embrace change, I have not lived. Change is the only permanent thing on earth. The story below has not been changed or modified. It tells the intended story and I hope it leads the young entrepreneur to serve rather than pursue money and profit. The fruits of the exploit of earth’s treasure is not for self but for others.

“I visited my 120years old grandmother and gave her some money when I was leaving and she told me she doesn’t need money again. That she can no longer buy or sell at her age, so I should give the money to the younger ones who need it.

I also have a former governor friend whom I worked with as a greenhorn journalist. He was governor from 1999-2007. Not too long ago, I saw him. After check-in, he was left seated by the corner of the Murtala Mohammed international airport awaiting his flight. No one even recognized him again, not even passengers from the State where he was governor, and as I walked up to him and greeted him, then asked if he wanted any assistance, he stretched forth his trembling hands to hold me and simply said, “Thank you for even recognizing me again. I just want your attention briefly my son. Sit down let me ask you something. How is Governor Ayade doing?”

I also have a retired Major General friend whom I served as a golf caddy at the NDA golf course in Kurmi Mashi, Kaduna. He was so rich he built a beautiful house he was so proud of. I visited him too not long ago and wanted us to climb to our favourite spot on his balcony upstairs. He stared at me with a broad smile and said, “Jally, I can’t remember the year I went up there. It is lizards and cobwebs and the likes that live there now. Even the kids, when they come, they don’t enjoy my company in the house any more than a few hours and they are gone. I don’t have the limbs to climb up there again and the cost of cleaning keeps getting higher.”

I have seen a lot more things. How yesterday became the day before, how today became yesterday, and how tomorrow became today. How the past became history, how the present became the past, and how the future became the present. Nothing ever remains where it is. Your strength, your muscles, your beauty, your wealth, your guts, your worth, your courage, your talent, your YOU, will progressively diminish until it returns to its source. The richest man in the world in the 1960s will be on the payroll of the richest man in the world today.

Even the strongest lion in the jungle will someday become weak, and frail and be eaten by the same predators it once terrorized.

Keep that in mind always and know that no matter how appealing and tempting that thing may seem, our interest in it will diminish with time. Our strength to consume or own it will vanish with time until everything is surely taken away from us or we are surely taken away from everything.”
Attributes That Will Sustain A Young Entrepreneur

January 3rd, 2023

The aspiration of youth to become an entrepreneur stems from a burning passion to offer one’s skill and energy to make the world a better place. A personal invitation to follow this risky path of entrepreneurship requires knowledge, understanding and wisdom. The young entrepreneur must incorporate life-sustaining attributes such as faith and conviction, hope for a better world and charity and love for humanity for a successful venture.

Faith And Conviction

When youths have faith in entrepreneurship, they develop a mindset that makes the subconscious mind see only possibilities. These convictions energise the mind to develop and imagine the solutions the venture hopes to provide. Faith in the venture provides evidence of things not seen until it becomes a reality in the mind of the young entrepreneur. Yet the subconscious mind will tell the young entrepreneur that there are standard operating procedures for the achievement of reality being seen by faith. Visualising the standard operating procedure is the understanding of the venture. The conviction in the process and procedure produces confidence in the development of prototypes for the venture.

Faith and conviction are principles of power, and entrepreneurs work by the power of the mind. Doubt and fear of failure disappear because of the strong conviction and the ability of the mind to visualise and create the business.

Hope

Hope is the abiding trust that the processes and procedures visualised in the subconscious mind are possible. This vision becomes manifest in confidence, optimism, peace and patience. The young entrepreneur believes that something will occur. When there is hope, entrepreneurs go through trials and difficulties with trust and faith. That implies that all things are transforming to bring the venture to reality. Hope helps the young entrepreneur conquer discouragement. Hope describes the assurance that the proposed venture will succeed and multiply.

The young entrepreneur must learn to press forward with steadfastness and hope for the proposed venture to become a reality. Hope propels action and is the beginning of the physicalisation of a business venture.

Charity and love

Charity is pure love for the prosperity of humanity. It includes boundless love for innovation and creativity. When young entrepreneurs develop that kind of love for humanity, using their natural gifts for the service of humanity is love.

The young entrepreneur must avoid negative feelings such as anger, envy, greed and lust. They must develop the attributes of patience and endurance, hard work and consistency, and discipline and diligence. These positive traits are learned, and it helps through the challenging situations in entrepreneurship. Young entrepreneurs will develop charity as they look for opportunities to serve others and give of themselves.
Prepare Your Children for Entrepreneurship With These Essential Life Skills

January 3rd, 2023

Parents and mentors must lay a foundation of strong conviction, discipline and diligence, character and respect for others, generosity and quality culture, networking and friendliness and patience and endurance at home, for a child to build the substructure for life in entrepreneurship. An entrepreneur must constantly assess and learn to adapt to new environments using these homegrown skills to ensure lasting success in life. It is the goal of this blog to review and create an understanding of the essential skills as they relate to one another.

Conviction

This attribute that can be inherited from parents or mentors applies especially to an opinion strongly held by an individual or a family. A conviction is a belief an individual is ready to die for, as opposed to a held belief that is something one accepts as true but it is arguable. Conviction is a principle developed through meditation, knowledge of the truth, understanding and wisdom. Individuals or families who have well-thought-out principles and values have healthier relationships. They are more resistant to external social pressure and more easily resist bad habits such as drug or alcohol abuse. When parents teach children the principle of telling the truth at all times, it makes the children feel good about themselves through a positive perspective. They develop high self-worth, feel assured, and will defend their beliefs and hold up against bullying and ridicule. Martin Luther King Jr. was a man who stood by strong convictions and regardless of how he was being treated, he stood with dignity, grace, and love.

Children who are taught to have a strong conviction or inherit this important core value, live to have certainty and certitude such that they grow up in a state of being free from doubt.

Character and Respect

Character is the personality and moral or ethical qualities of a person who has traits like integrity, honesty, courage, loyalty, fortitude, and other essential attributes that promote good behaviour. These character traits define who the child is and highly influence the choices they make in their lives. When the child shows unpleasant characters they are unpleasant, unreliable and dishonest. So, it is beneficial to teach children good moral character because it will help them learn honesty and reliability, achieve peace of mind, sleep well at night, strengthen trust with friends and peers, and build a solid reputation with other people. An excellent character in children assists them to reduce anxiety, build self-confidence, and leadership qualities, and live a purpose-driven life.

Similarly, respect means accepting somebody for who they are, even when they differ from them or do not agree with them. Respect in relationships builds feelings of trust, safety, and well-being among people. Children must learn that respect does not have to come to anyone naturally, it has to be earned through consistent learning. Respect for and between persons exists in three distinctive aspects human recognition respect, status recognition respect and appraisal respect. These same aspects or dimensions of respect are at play in the development of self-respect in children. Therefore, to be a talented student of entrepreneurship, children must learn respect for life, people and things so that friendliness, trust and a good network which are essential virtues for success will flourish as they grow to adulthood.

Quality

Successful people learn to do the right thing at all times, no matter how difficult it may seem. Doing the right thing at all times with little thought is a Quality culture. The learning of quality culture involves learning to gain knowledge of how things work, meditating on the truth of the knowledge leads to the understanding of how to achieve the goals required by the truth of the knowledge. Then learning to use knowledge and the understanding of the process required by the truth of knowledge to serve others or find solutions to known societal problems is wisdom. Wisdom is the foundation of creativity and quality delivery.

This process implies that parents and mentors study their wards and understand how they learn, and help them become interested in acquiring a knowledge of life skills and principles so that they learn to follow life processes with patience and endurance to achieve a goal and solve life problems. In raising children who wish to become entrepreneurs, seeking knowledge, understanding and wisdom for life is the principal attribute for success.

Parents and Mentors must discipline children not to seek shortcuts to problem-solving, but learn to stick to life processes and have the confidence to change them if necessary. Children must understand that all paths of life have a sustainable process offered by wisdom, knowledge and understanding, but it will take discipline to follow such processes while waiting for the results of the transformation of the inputs into results. Quality culture demands patience and endurance and this is a mandatory lesson in entrepreneurship education.

Patience and Endurance

Patience stems from learning endurance and it is the quality of being able to wait for an answer or result, as the bearing of provocation, annoyance, misfortune, or pain, without complaint, loss of temper, irritation, or process of life. It is also the ability or willingness to suppress restlessness or annoyance when confronted with delay. This is a difficult trait to develop in children, but with patient persuasion, parents and mentors can teach their children the importance of waiting for results and outputs. Children must learn that delay is not denial and waiting is not weakness or lack of control.

Endurance is the ability to withstand hardship or adversity, especially the ability to sustain a prolonged stressful effort or activity. This skill is essential in the management of failures and adversity in life. Sports and academics are the best teachers of this skill, and parents are encouraged to put their children into sports that they like early enough to make an impact.

With patience and resilience, children will remain focused on their goals despite any unexpected adversity. By learning patience and endurance they will understand that their goal is still possible and worth continuing toward, and do not get bogged down by the clouded judgment that frustration can bring in life. In short, patience helps them stay focused and effective for the long haul.

Patience puts the children in direct control of themselves, and there is no more powerful aid to success than self-possession. When children learn to be patient, they give themselves time to choose how to respond to an event, rather than get emotionally hijacked by their emotions. It allows them to stay gathered no matter what is happening and appreciate delayed gratification. Entrepreneurship education demands sound knowledge and understanding of the use of patience and understanding.

Discipline and Diligence

Today there are several options and theories of parenting, but none of the virtues is more controversial than the application of discipline. Some people believe in the discipline of children, while others believe in negotiation and discussion. The author believes that parents and mentors should not spare discipline because children are like new computers and will only do what the software demands. So when parents teach children to behave and work in a controlled way which involves obeying particular rules, guidelines or standards the children learn to be true to their word. When they decide to do something, it is set in stone, and they do not even need an accountability partner to keep them on track.

Someone who is self-disciplined can control themselves and make themselves work hard or behave particularly with no one else to tell them what to do. Most religions teach their members to be truthful and self-disciplined.

Similarly, the diligent person is constant in their effort to accomplish something and is attentive and persistent in doing anything. Diligence may rather be regarded as a combination of both hard work and patience because being persistent requires patience. It is also one of the most important attributes of a good person. Diligence is applied strengths, or “strengths in action.”

Working in one’s area of strength provides a natural motivation to care about one’s work and the perseverance to carry it through to completion. Not only does it cause the children to achieve their goals, but it also makes a favourable impression on others who work with them.

In developing a sense of discipline, children must be taught not to procrastinate or to delay doing something until a later time because they do not want to do it.

Procrastination and laziness are two different concepts: procrastination involves delaying unnecessarily, whereas laziness involves being voluntarily unwilling to exert necessary effort. Neither attribute is good for entrepreneurship and life goals.

Networking and Friendliness

The concept of community and the interdependence of the ecosystem is a principal attribute a child must learn if they will prosper in life. The fact that no man is an Island is an important concept for entrepreneurial development. Teaching children networking is about interacting and engaging with people for mutual benefit. When children with networks face challenges in life, their peers and network may provide them with advice and share their knowledge and skills to help them overcome their challenges.

Networking gives access to new opportunities, insights, new techniques, information, strategies, and proficiency. The purpose of networking is to make new friends, acquaintances, and useful partners.

By being friendly with others, children learn to initiate mutual respect. Being friendly towards others will help them feel better about themselves, and will understand how to spread love and others happy. Simple kindness and friendliness are both a skill and a value. It involves parts of other values, such as empathy of sensitivity and the boldness of courage, but it is a very separate and different value from these.

Empathy, Loyalty, Trust, Honesty and Respect are the five virtues parents and mentors should all strive to embody in the life skill that their children must learn early in life to be successful. While these qualities are arguably the most important to cultivate to understand how to maintain healthy and uplifting friendships, establishing a trusted network through friendship is wisdom.

Generosity

The act of giving to others is central to the human condition and has particular relevance for influencing others because the people that we provide help stand ready to help us in return. A generous person does not give indiscriminately but seeks to give in a way that is good and fine. This requires giving to the right people, in the right amounts, at the right time, with pleasure, and without looking out for oneself. Generosity is “being careful with what we have so that we can share.” Generosity does not only mean giving other people money and things, but giving time, attention, hard work, patience, kind words, and talents to help and encourage others.

This means when children are taught generosity early, they are more likely to give back to their community when they succeed as entrepreneurs. Generous individuals are personally more fulfilled, happier and more peaceful with themselves, than stingy persons. Entrepreneurship is about meeting needs and giving to the community meets collective needs and prospers the community. Learning the skill of generosity is mandatory for any child that wants to become an entrepreneur because it is more honourable to give than to receive.
Life Skills Children Must Possess To Become Entrepreneurs.

January 3rd, 2023
Every person on earth is imbued with personality traits, aptitudes and skills that make them unique. Some of these attributes are natural while others are learned, but they all work together to help us achieve our purpose in the world. Children spend years in school learning some of these skills and preparing themselves for a career or for entrepreneurship.

Parents and mentors want their wards to survive the challenges of life through to adulthood. Being, successful is not about academic or financial performance but is related to fulfilment, joy and happiness in life. Therefore parents must focus on equipping their children with the required life skills to be successful.

Life skills refer to the “abilities for adaptive and positive behaviour that enable individuals to cope with the demands and challenges of everyday life.” It is a combination of emotional, social, and cognitive abilities. However, cognitive-based life skills such as decision-making, problem-solving, goal-setting and time management bring more purpose and order into the children’s daily and future life. Also, emotional intelligence is crucial to forming healthy relationships in their lives.

The goal is for the children to become well-adjusted, responsible, and positive-minded adults. This process begins at home and parents and mentors, have the responsibility to teach these essential skills to their children and model them consistently until they become part of their children’s habits and frame of mind.

This implies that children need to be proficient in varied abilities to navigate the technologically advanced and globalized world and the emerging Gig economy.