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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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peacefulpeace
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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.
Nahl
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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
Herucooles
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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.
toolucky98
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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.
LeGaulois
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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.
Gozie51
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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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