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Author Topic: Entrepreneurship is the only way out  (Read 361 times)
mcTether (OP)
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September 23, 2018, 08:53:51 AM
Merited by solkinsolali (2)
 #1

I have been involved in so many arguments regarding unemployment and its causes. In some of the arguments, I realised that people generally attributes unemployment problem to the government. Some believe that the government should provide employment for every citizen. I personally don't think this is possible. While I am not attempting to defend any government for its failure to provide employment and basic amenities for her citizens, I also think some of the citizens too have not done enough to help their own situation.

You should know that there is hardly any government in the world that can provide job for all its citizens. It is only by entrepreneurship we can solve the problem of unemployment in any country. Whatever situation you find yourself, don't be perturbed. Try to identify your skills, examine your inner self, there is sure something you can do, a skill you can translate to business. It doesn't matter how little the business might be from the start, think of as little capital as possible, and then grow from there.

You have a role to play for yourself and your country.
Try to be a job creator and not a job seeker.

Think entrepreneurship today, think job creation, for it is the only way out.


p.s. Don't forget, the richest people in the world today are Entrepreneurs.
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September 23, 2018, 09:42:50 AM
 #2

i for one is a fan of entrepreneurship, thats why am here, engaging in bounties to raise funds in order to start a business i have already done feasibility studies on, so you see that the major problem militating against the successful kickoff of entrepreneurship is start up capital, no one wants to work under anyone over been a boss, so capital is a challenge to entrepreneur.
hase0278
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September 23, 2018, 09:43:40 AM
 #3

Entrepreneurship is one good ways to multiply available jobs in a country but not everyone can be an entrepreneur. It takes certain skills for one to become a successful entrepreneur. Also, job seekers are important for an entrepreneur since a business would not be lucrative without workers. Thus, do not blame job seekers for the joblessness in a country, blame the lazy ones instead(since job are equally presented to everyone but not all people apply for jobs).
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September 23, 2018, 09:57:17 AM
 #4

You are right the richest people in the world today are people with ideas and those ideas turn into businesses which we call entrepreneur this have help them to become employers of labour instead of becoming an employee to the government or other companies. The government can never provide employment for everybody it not possible so the only way out is to go into entrepreneurial activities to become the boss you ever which to become.
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September 23, 2018, 10:03:29 AM
 #5

Indeed entrepreneurship is way good to solved the economic problem from the particular countries but being an successfull entrepreneurs is very hard to do so especially if we life in the developing countries when unemployment really dominated the citizen and the process also will not happened instantly
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September 23, 2018, 12:13:39 PM
 #6

You need to know that the country is good if it has entrepreneurs at least 2% of the population.

As a reference to see developed countries, America and Japan have more than 10% of entrepreneurs.
entrepreneurship is an important attitude that must be shared by everyone.
Let's try to be great entrepreneurs.
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September 23, 2018, 12:36:00 PM
 #7

I have been involved in so many arguments regarding unemployment and its causes. In some of the arguments, I realised that people generally attributes unemployment problem to the government. Some believe that the government should provide employment for every citizen. I personally don't think this is possible. While I am not attempting to defend any government for its failure to provide employment and basic amenities for her citizens, I also think some of the citizens too have not done enough to help their own situation.

You should know that there is hardly any government in the world that can provide job for all its citizens. It is only by entrepreneurship we can solve the problem of unemployment in any country. Whatever situation you find yourself, don't be perturbed. Try to identify your skills, examine your inner self, there is sure something you can do, a skill you can translate to business. It doesn't matter how little the business might be from the start, think of as little capital as possible, and then grow from there.

You have a role to play for yourself and your country.
Try to be a job creator and not a job seeker.

Think entrepreneurship today, think job creation, for it is the only way out.


p.s. Don't forget, the richest people in the world today are Entrepreneurs.

For those people who are unemployed today, the best thing to do is just join the cryptocurrency industry in order to earn profit when the market price starts to pump up.
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September 23, 2018, 01:05:56 PM
 #8

What the government can provide is for it to make a country conducive for new businesses so that budding entrepreneurs will survive their first year of business. I think there are a lot of people who want to become businessmen but they get frustrated because of corruption and red tape, high competition and sometimes, simply lack of knowledge and experience in running a business. Most business shut down in their first six months.

For those people who are unemployed today, the best thing to do is just join the cryptocurrency industry in order to earn profit when the market price starts to pump up.

Those who are unemployed today do not have enough finances to start an investment, fund a trading account or time to wait for the price to pump. They need immediate results that only a job can provide. First, they need a job, then start considering crypto for additional income or investment.
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September 23, 2018, 02:01:29 PM
 #9

yes, Entrepreneurs can change the way we live and work. If successful, their revolutions may improve our standard of living. In short, in addition to creating wealth from their entrepreneurial ventures, they also create jobs and the conditions for a flourishing society.
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September 23, 2018, 02:11:59 PM
 #10

Here in my place, so many workers who works in a private companies for more than 10years now and yet they are still suffering financially. I do believe that entrepreneurship will make our life better, so we must not depend on our job forever. A lot of sacrifices to become entrepreneur but you must take all the risk of that one so you will be able to succeed in life.
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September 23, 2018, 02:26:03 PM
Last edit: September 25, 2018, 05:02:11 PM by LeGaulois
 #11

On another side, governments are also "killing" entrepreneurship with high taxes. I know many small and very small companies dying because of the taxes. I also know people who have the idea, the market, the demand and everything needed to start but can't because once the taxes are paid the entrepreneur will be with a negative balance.

Me too, I am not saying it's up to the government to create a job for every citizen. If you have no job because you have no degree/diploma you're the only one to blame. We all have the same chance, the same school, the same teacher and the same pen to write. But governments shall help the economy by facilitating the entrepreneurship and it can be done by making things easier and cheaper

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September 23, 2018, 04:35:58 PM
 #12

I agree that each individual is responsible for the path they choose, blaming other factors is the easy way.
Like everything in life, one must take responsability for their destiny and not just go with the flow.
I also belive that rich people are very hard working people and dedicated to their ideas and principles.
The ones who are rich out of pure luck is another story. Like somene said above, joining the crypto world is a good way to earn something extra, but it brings nothing to the lazy ones, who just want to gain without effort, no skills. Many people I know gave up cypto, turned off rigs, do no trading, bounties or airdrops out of pure laziness, they just gave up. Is too hard to work and focus on learning every day, but for me is the only thing that gives me the hopes for fulfilling a dream and making this world a better place.
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September 23, 2018, 05:11:09 PM
 #13

so capital is a challenge to entrepreneur.

This is where every government should be responsible for their citizens. A government that really care for her people will bother on her the unemployment rate is escalating and they must look for ways to help. Therefore, one of the ways which is very important apart from training the citizens in skill acquisition is to provide them with capital as a soft loan to be repaid in a longtime with a small interest rate.

Consequently, some government are good at training in skill acquisition but fail in supporting the trainees in capital to see that they actually succeed in what they have learnt, even when such money is appropriated for such, some government officials embezzle it. This is a problem which needs to be tackled seriously...corruption is not helping too.

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September 23, 2018, 05:43:26 PM
 #14

The way I see it, entrepreneurship certainly is "a way out". But it's far from simple and it definitely isn't for everyone. I mean, I've been trying different things for a couple of years now but it's next to impossible if you don't have any capital to start with. Just an idea isn't enough. You need an office to conduct your business from (rent + of course there are other expenses),  you need people to help you (salaries), if you're in production, you need machinery and materials to work with etc. If you're starting from 0, you either need a job first (and a well paid one, not just some mediocre pay-for-expenses one) to put something aside, only then can you begin to think about going out on your own. Kind of like with crypto and investments, as jakelyson said.
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September 23, 2018, 06:06:54 PM
 #15

I have been involved in so many arguments regarding unemployment and its causes. In some of the arguments, I realised that people generally attributes unemployment problem to the government. Some believe that the government should provide employment for every citizen. I personally don't think this is possible. While I am not attempting to defend any government for its failure to provide employment and basic amenities for her citizens, I also think some of the citizens too have not done enough to help their own situation.

You should know that there is hardly any government in the world that can provide job for all its citizens. It is only by entrepreneurship we can solve the problem of unemployment in any country. Whatever situation you find yourself, don't be perturbed. Try to identify your skills, examine your inner self, there is sure something you can do, a skill you can translate to business. It doesn't matter how little the business might be from the start, think of as little capital as possible, and then grow from there.

You have a role to play for yourself and your country.
Try to be a job creator and not a job seeker.

Think entrepreneurship today, think job creation, for it is the only way out.


p.s. Don't forget, the richest people in the world today are Entrepreneurs.
and I really agree because entrepreneurship makes young people in every country become entrepreneurs and the motor of the economic drive of the country, the difference between rich and poor countries is the large number of entrepreneurs in rich countries while in poor countries there are still few
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September 23, 2018, 06:12:36 PM
 #16

Entrepreneurship is definitely good and the best way to be rich as you can't be rich being an employee. However, it is important to note also that not everyone will be an business owner because some people are good at managing other people's businesses, but will suck at managing theirs. Moreso, if everyone is a business owner, then who are the people that will be staff of companies.

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September 23, 2018, 06:30:40 PM
 #17

I also know people who have the idea, the market, the demand and everything needed to start but can't because once the taxes are paid the entrepreneur will be with a negative balance.

Aren't you supposed to pay tax over that what you generate in revenue and profit? How does one in that case end up with a negative balance?

I know that in some cases it's not easy to remain operational when you have started up for yourself, but most of these people fail because of external expenses and not necessarily tax hits. The main problem here is that you can't consistently generate income through your business (especially in the early stage) while your expenses are near identical in amount and consistently recurring every month.

The only thing you can blame the government for in this case is that they aren't giving starters more space and lower taxes during their initial year. Let people comfortably build up a foundation where after that you can still squeeze every penny out of them in form of taxation.
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September 23, 2018, 06:30:53 PM
 #18

Well,  entrepreneur is good but not the 'only' way out.
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September 23, 2018, 06:52:11 PM
 #19

To be an entrepreneur you need to either have capital or have a good credit rating for you to have loans for your business and only both can be done only if you have starting money to do so. Rarely we can see a entrepreneur to start literally from nothing and this entrepreneurs go on a really rough road to be successful. My point here is if they want to be entrepreneurs they need to have a job first in order for them to save their own capital and that is the only way how, if the unemployment rate is big they can do nothing about it aside from hoping that they will be hired or save littler from what they have and start investing.
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September 23, 2018, 08:49:11 PM
 #20

I have taken this road and use my abilities to create wealth through an internet connection to remove myself and my family from the wage slave system.  Government jobs are for the slaves.  The corporate jobs are for the slaves.  It's simply trading some semblance of financial security for most of your free time in life.  I will take the scary nature of being on your own along with the freedom.  You can have the wage slave job and taxes.  Hell your handing over most of your income to taxes and healthcare so are you really living at all anyways?
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September 23, 2018, 09:00:28 PM
 #21

On another side, governments are also "killing" entrepreneurship with high taxes. I know many small and very small companies dying because if the taxes. I also know people who have the idea, the market, the demand and everything needed to start but can't because once the taxes are paid the entrepreneur will be with a negative balance.

Me too, I am not saying it's up to the government to create a job for every citizen. If you have no job because you have no degree/diploma you're the only one to blame. We all have the same chance, the same school, the same teacher and the same pen to write. But governments shall help the economy by facilitating the entrepreneurship and it can be done by making things easier and cheaper
I absolutely agree with this. For example, where I live, the government is not only raising taxes on small businesses, but also services like electricity, land/place ownership, raw materials, etc. What makes things worse is that it is treating small businesses like big corporate, no difference, which crushes start–ups for good, and makes everyone with a good idea to start a business afraid, that in turn helps big companies to stay profitable and dominant.   

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September 23, 2018, 09:11:05 PM
 #22

Yes Entrepreneurship is one of the way out of unemployement, but the government do have a critical roles to play, by creating an enabling environment for entrepreneurs, easy access to loans, availability of  electricity, and policy regulation that can help to enhance the growth of entrepreneurs. 
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September 23, 2018, 09:53:54 PM
 #23

Its too simple to say everyone should be an entrepreneur, there will always have
to be employees and job seekers, without them an entrepreneur would stay only
as a "one man band."

Becoming an entrepreneur is not for everyone and there are a lot of considerations
to be mindful of, start up capital, a plan, marketing, cash flow, expansion being only
a few and of course not everyone has the ruthlessness, sacrifice and commitment
to be successful.

It is a governments interest to create employment, it generates revenue and prevents
a lot of social problems. There are many countries around the world where governments
create incentives to attract companies who are willing to create employment.

R


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September 23, 2018, 10:16:28 PM
 #24

Richest people aren't only rich because of their job offers and their company's profit. One factor that could also make a man rich is his intellect in Stock Exchange. Not all rich offers job or make job, some uses knowledge and their best to work alone while slowly gaining lots of income. And it is requires no experience in Entrepreneurship.
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September 23, 2018, 10:30:45 PM
 #25

Entrepreneurship is not for everyone, only chosen few gifted that can do business. Many of us wanted to have business because no wants to be a employee workers all of  our lives until we get old but there are certain qualifications before we involve in entrepreneur business and that's capital of course. It's best while young, do some saving while doing jobs and sustain it to the amount where it's time to put a small sideline business for the hard earned money.

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September 23, 2018, 10:38:58 PM
 #26

Entrepreneurship is not for everyone, only chosen few gifted that can do business. Many of us wanted to have business because no wants to be a employee workers all of  our lives until we get old but there are certain qualifications before we involve in entrepreneur business and that's capital of course. It's best while young, do some saving while doing jobs and sustain it to the amount where it's time to put a small sideline business for the hard earned money.
Of course its for everyone, its just so happen that your are being challenge by your current situation in life and of course some people refrain from taking too much risk. We should all have a business minded, this is the only way for people to become rich. Have your business ideas, save money and start taking risk. I’m also planning to put up a business hopefully to happen soon, so I can start earning more now.
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September 23, 2018, 11:29:25 PM
 #27

   Entrepreneurship is really the best thing to do to make money but sometimes the problem of being entrepreneur is not the knowledge and skills but the capital to start with it. In putting up  a some small kind of business is not so easy because it always needs capital. So ,before an entrepreneur you should be a worker to end enough money to start small business. You can make it out of cryptocurrency. Start gaining profit from decentralized and intangible asset like bitcoin then turn it into a tangible asset or use it to put up a business.

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September 23, 2018, 11:33:07 PM
 #28

it is true that entrepreneurship is one of the solutions for unemployment, but the problem for entrepreneurs is to find capital, if there is capital, the problem may not be too complicated, just think what he will develop in entrepreneurship.
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September 23, 2018, 11:40:13 PM
 #29

It is true, but some people needed experience and knowledge before they could have the confidence to start a new business and let's not forget about financial capital too.

With the competition on the market it's quite difficult to have a unique concept of service or product to be successful as well.

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September 23, 2018, 11:41:40 PM
 #30

Richest people aren't only rich because of their job offers and their company's profit. One factor that could also make a man rich is his intellect in Stock Exchange. Not all rich offers job or make job, some uses knowledge and their best to work alone while slowly gaining lots of income. And it is requires no experience in Entrepreneurship.
Stock exchange can be a big thing for those who know how to invest their but I think its still not enough. We must do a business, live in a life where you can manage people and also your time. Its about time to make a business now and try your luck there, don't just live forever with your job. Go beyond your limits Smiley
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September 23, 2018, 11:45:16 PM
 #31

Quote
It is true, but some people needed experience and knowledge before they could have the confidence to start a new business and let's not forget about financial capital too.


Not so much enthusiasm buddy. Smiley

You'll have a little to big bumps along the way but it will worth it. And the feeling of success is uncomparable as you see your business grow. Just have the guts and you know what they say, Calm seas won't make yoi a good sailor.

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September 24, 2018, 12:21:08 AM
 #32

I have been involved in so many arguments regarding unemployment and its causes. In some of the arguments, I realised that people generally attributes unemployment problem to the government. Some believe that the government should provide employment for every citizen. I personally don't think this is possible. While I am not attempting to defend any government for its failure to provide employment and basic amenities for her citizens, I also think some of the citizens too have not done enough to help their own situation.

You should know that there is hardly any government in the world that can provide job for all its citizens. It is only by entrepreneurship we can solve the problem of unemployment in any country. Whatever situation you find yourself, don't be perturbed. Try to identify your skills, examine your inner self, there is sure something you can do, a skill you can translate to business. It doesn't matter how little the business might be from the start, think of as little capital as possible, and then grow from there.

You have a role to play for yourself and your country.
Try to be a job creator and not a job seeker.

Think entrepreneurship today, think job creation, for it is the only way out.


p.s. Don't forget, the richest people in the world today are Entrepreneurs.
Not the only way. But entrepreneurs are the way out legalized. They easily prove income, I know there are many people make money through MMOs and it is difficult to prove their income.
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September 24, 2018, 12:45:47 AM
 #33

There are many factors that cause unemployment- things like high inflation, companies getting bankrupt, high percentage of loans, corruption etc. In another words if your government is ineffective, and even if you have the most brilliant idea to start your own business, you may still likely fail because of the failures of your government. Government has to create comfortable economical conditions so that you would to perform well as an entrepreneur. 
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September 24, 2018, 02:40:49 AM
 #34

On this topic, it's also very liberating and empowering to work for yourself.  I have done so in various ways, starting small businesses and projects frequently.  There are few things more motivating than having control of all the products of your own labor.

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September 25, 2018, 04:12:37 PM
 #35

Entrepreneurship was proven and tested that each of entrepreneur who became successful are no doubt can give a big help to our economy, then aside from it, they also give an opportunity to someone else to have a job according what they need to their business. Though, Entrepreneurship is for everyone but not all are chosen to become an entrepreneur.
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September 25, 2018, 05:06:37 PM
 #36

I also know people who have the idea, the market, the demand and everything needed to start but can't because once the taxes are paid the entrepreneur will be with a negative balance.

Aren't you supposed to pay tax over that what you generate in revenue and profit? How does one in that case end up with a negative balance?

I know that in some cases it's not easy to remain operational when you have started up for yourself, but most of these people fail because of external expenses and not necessarily tax hits. The main problem here is that you can't consistently generate income through your business (especially in the early stage) while your expenses are near identical in amount and consistently recurring every month.

The only thing you can blame the government for in this case is that they aren't giving starters more space and lower taxes during their initial year. Let people comfortably build up a foundation where after that you can still squeeze every penny out of them in form of taxation.

It depends on the structure and the size, but many companies pay a forecast on their income. The government assumes that your company will earn $xxxxxx over the next 6 months and therefore charges you accordingly. After 6 months they make a count and deduct. But companies need the money now and not in 6 months.
Also if you hire people no matter the company income, the tax related to your employee stays the same, since you pay the worker the same fixed salary

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September 25, 2018, 05:15:08 PM
 #37

Entrepreneurship was proven and tested that each of entrepreneur who became successful are no doubt can give a big help to our economy, then aside from it, they also give an opportunity to someone else to have a job according what they need to their business. Though, Entrepreneurship is for everyone but not all are chosen to become an entrepreneur.
All are impossible to choose the entrepreneurship because lack of knowledge in business administration. But peoples are only need money so without money we are all empty vessels in the world. So we take some effort in all the platform and labours are more supportive character in all the business. So we should support every interested peoples.

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September 25, 2018, 06:09:11 PM
 #38

Especially in the times of new and merging technologies you should always look for opportunities to start your own business. In my opinion there is still plenty room to start up a business with for example Social Media, Google Ads and websites. You can teach yourself all this skill basicly for free if you search for all the courses and materials people have been uploading on these and you could start to help smaller local business, because you will have a bigger impact there and they are mostly underdevelopment in this areas.

Be brave - try it out.

Best luck to everyone that is - like you put it - a job creator rather than a job seeker.

Cheers.
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September 25, 2018, 06:32:24 PM
 #39

it is true, I think if you look at the average salary of those who are self employed and compare it with the average employed salary in the US, I would expect that it is a fair amount higher. Therefore if somebody has a good idea to employ themselves, it is likely to turn out better than seeking employment, should it be successful.

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September 25, 2018, 07:58:46 PM
 #40

I agree with you that many people simply do not want to do anything and develop.They only complain about life and do not look for opportunities for growth.But you know that to become an owner you need money.And not everyone can find them.This should also be taken into account.



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