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Empowering Young Businesses as a Way to Tackle Unemployment

Empowering Young Businesses as a Way to Tackle Unemployment

   


INTRODUCTION

Empowering Young Businesses


In the current state of African countries, employment has been a problem whose solution has not yet been implemented, as we can’t say it isn’t found yet,  I myself have written and published an article titled Factors that Promote Guaranteed Employment, which consist of specially picked tactics that may help tackle this problem, but this can only be achieved with respect to how serious our leaders are.

Economists and other field related professionals have made researches and come up with the best possible solutions that are made readily available across platforms, we just pray to have that leader that will implement such policies.

Let me deviate from the topic of discussion, today, I will discuss on one important thing, which is empowering young business which is an African case study.

But Why?

Take China, the USA, and other developed and fast-developing countries in the world, do they provide employment to all their citizens? USA have a total population of 332,563,810 and China has a total population of 1,439,323,776, it’s almost impossible for any government to provide a job for each and every individual, that’s the fact, the unemployment index of USA and China is 4.2% and 6% respectively, compare it to Nigeria, NamibiaSouth Africa, and Angola (some African countries) that are not even up to one-third of USA and China’s population but have a higher unemployment index of 33.3%33.4%32.5%, and 30.6% respectively, the question here is WHY?!

Let me save you the stress of asking google, the answer is simple, their citizens look for alternatives to being a public servant, and that alternative is Business.

Don’t Africans Venture into Business?

The truth is they do, a good example is a business tycoons we have like Alhaji Aliko Dangote who happens to be the richest man in Africa from Nigeria, David Koch from Cote devoir, Nicky Oppenheimer from South Africa, and others, but these have already settled, and they aren’t the subject of our discussion.

Then who if not them?

To make it straightforward, the start-up businessmen.

In this article, I will take one of the most underrated businesses in Africa as a case study, which is the sachet water hawking.

But before we get into it, let me clear this misconception

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SACHET WATER HAWKING AND SACHET WATER SELLING

There is a wide difference between sachet water seller and sachet water hawker, a seller as far as this article is concerned is he who owned a shop or kiosk, with a cooling system, where people come to buy water from him in sachets, bags, or in bulk, he do his business from the comfort of his shop while sachet water hawker is he who roam about with a bag of pure water and sell it at bus stops, by roadsides, and at traffic.

They usually buy it from whole sellers or from provision stores and carry it to their respective hawking spots, that will be there daily routine from morning till evening.

How they run the business

Let’s take Nigeria as an example, a bag of sachet water is sold at N70 and it contains 20 sachets each sold at N5, for each bag they generate a profit of N30.

If one can manage to sell 10 bags in a day, he will be able to make a profit of N300, where he may use N100-N150 to feed himself, he will be left with N200-N150 which is what he managed to generate for the whole day.

Taking N150 as what he generates daily, in a week he will be able to generate N1050 and 4500 in a month.

That’s nothing considering the hours he spends, almost 8 hours, and the struggle he went through, under rain and sun, roaming about in between moving vehicles.

But guess what, they never give up, they are always punctual and dedicated to their jobs, these people have the mindset to work and make their ends meet, and that is the very reason why it is your obligation to help them.

But how?

Just calculate how much you spent on beggars, let’s say you give a beggar N100 daily, that sums up to N100, in a week its N700 and N3000 in a month, let’s say other 9 people gave that same beggar N100 each making it N1000 daily for each beggar, in a week a beggar generates N7000 and N30000 in a month.

So a beggar generates N30000 while a sachet water hawker generates N4500 monthly, tell me why we won’t have much more beggars than small businessmen and entrepreneurs!

Then ask yourself, how many times do you buy sachet water of N5 from a pure water hawker, it may get to months.

Am sorry to say this, but the truth is we promote begging and same time destroying the spirit of business from our children and youth in general.

What point am I trying to raise?

Don’t misquote me, am not against giving charity and alms, no, not at all, just trying to make it clear that those sachet water hawkers need to be patronized, or else they may turn into beggars as well, and that is a problem not just to the victim, but to you, to the economy, and to the country in whole.

You should patronize them

Treat them good and show some respect

At times buy it even if you don’t need it

Don’t just act bossy, smile even if you won’t buy it that will make them feel at ease

Be friendly with them

And most importantly, don’t give them money free you will discourage them, rather buy their products in as much quantity as you could, this will ginger them up and motivate them.

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Finally

We all need our respective countries to prosper and develop, and that couldn’t be achieved merely through public servant jobs, we need as many businessmen as possible, and to attain this we need to nurture the young businessmen, we need to support them.

By doing so we are indirectly grooming them to be assets to our country in the future.

Disclaimer: The countries stated in this article are only used as examples and were not in any way used to portray any thin, any resemblance with any situation is coincidental. The article is an African case study in general.

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FOR HUMANITY

 

Abuaslam is blogger and passionate about helping others succeed. I like dialoges and discussions that tech and politics related.

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