Youth Entrepreneurship Building Skills

Building a society that is responsive to, encouraging and favourable to Youth Entrepreneurship is the responsibility of every society as well as the Government.

Encouraging the Youth to become entrepreneurs has a lot of advantages in terms of solving problems of unemployment in the economy as well as paving way for the innovation and growth of the country too.

Understanding the need to creating and nurturing Youth Entrepreneurship, many countries have taken up strategic initiatives and implemented plans aimed at imparting Entrepreneurial skills and knowledge through education. Such a move no doubt provides the freedom and the thrust to the Youth to dream and achieve their dreams.

Leadership is not only a born talent but can be acquired through learning and training too.

An ideal entrepreneurial training and studies should include subjects like Entrepreneurship Awareness Building Skills, Entrepreneurial & Personal Empowerment skills, Business Planning, Business Management as well as Personal Empowerment skills.

Entrepreneurship Awareness Building

Entrepreneurship is all about being a visionary self starter leadership, one who is able to identify opportunities to offer solutions in the form of product, technology, process or service to fulfil a need and thereby gather and employ all necessary resources including manpower, finance, technology, infrastructure and others to build a successful enterprise in the chosen area of business.

Being an entrepreneur calls for a lot of grit and determination as well as ability to take calculated risks as well as responsibility. Leadership calls for the ability to find workable solutions and crossing all hurdles to reach the goal without getting bogged down.

An entrepreneur carries a vision not only of making profits but also a larger vision of creating jobs, helping people develop their potential, contributing to the society and at the same time ensuring the growth of his or her organisation and the people connected.

At the initial stage, one might have an inclination towards becoming an entrepreneur. But normally the students will not have an idea of what it means to be an entrepreneur. Such an awareness program educating them and introducing the concept of entrepreneurship in schools and colleges as well as through dedicated training programs help the youth make up their minds to pursue entrepreneurship as an option to a career.

Entrepreneurial Building

Being an entrepreneur calls for playing a multi disciplinary and multi functional role in managing one’s enterprise.

A successful entrepreneur is able to not only identify business opportunities, but is enterprising in his approach to developing the business opportunities into successful business enterprise. This calls for thinking out of the box and extraordinary leadership, creativity, foresight, ability to think ahead, ability to create options, ability to gather resources, manage resources to achieve the target as well as negotiate and solve problems both internal to the business as well as with external environment.

Being enterprising is an attitude of the mind. A good entrepreneur looks not only at his/her success, but the success of his organisation as well as of the team that works with him/her.

Entrepreneurship is also about being able to attract the best talent, to provide leadership and guidance to grow and nurture the talent, manage and harness the talent pool too. Through training one who has a basic initiative towards entrepreneurship can be moulded to become a successful entrepreneur.

Ability to think creatively, looking at the macro and micro environment as well as options, negotiating with alternatives and managing processes on all fronts without losing out on the vision can be sharpened through Entrepreneurial training.

Personal Empowerment Skills

Personal empowerment and development is necessary for every individual and most importantly for an entrepreneur. These skills apply to one’s ability to perform in his |her work area.

One needs to have the specific job function or technical skill to pursue a particular vocation but along with the functional skill and knowledge it is the personal empowerment of the individual that helps him succeed in the enterprise.

Personal Empower skills training imparts mind training to the entrepreneur, helping him learn to focus, concentrate, analyse and be objective in his thinking.

Positive thinking, learning to be assertive and affirmative as well as being balanced in thinking at all times, being calmly active, ability to manage stress and work under pressure are some of the skills that are a must for every successful entrepreneur.

An entrepreneur is also a leader. Through training he can develop leadership skills as well as groom oneself and build a positive image as well as enhance one’s self esteem. Personal development in the areas of self discipline, time management, being self-motivated and enthusiast are very essential for a young entrepreneur who is making his foray into business. All these skills can be learnt through specific training.

A good leader is assertive and at the same time able to motivate and encourage the others too. He has got to have excellent listening skills, patience & wisdom, emotional intelligence and more importantly a Win-Win attitude towards life and work.

A entrepreneur who is able to think big for oneself and for all of his team and take the entire organisation to reach the heights and realise their potential is a successful individual too. To become a good visionary entrepreneur, training helps for it helps sharpen his abilities, build additional skills as well as make him bring out his true potential too.