05/12/2024
YSEC WEEK 1, DAY 1 - Employment and Entrepreneurship
So we had the first class on employment and entrepreneurship which was taking by Tinah Balewa- management consulting expert.
So she asked a question everything everybody needs to business and Iām not question that says can everybody do business so she gave us a difference between a business owner and an entrepreneur.
So we were being told that entrepreneurship primarily is all about growth first and not profit.
And for employment- its by staircase and entrepreneurship has twist and excitement in it.
We were given a task and I belong to team two, which is the employment route. Here is the breakdown of the task we are to do.
Pick a career, Determine growth potential, Determine how you as an employee grow your money (salary), Design budget for your salary monthly.
So we chose a product designer role and had the growth potential from the internship to entry to mid and to senior level alongside the number of month or year they spend in each level before scaling up to the next level alongside the ideal salary they get based on each level.
We then moved to a breakdown of what they spend their salary on and what budget they place on each spending and how they can come up with savings and investment and having to prepare ahead for inflation season that may arise in the future in whatever salary we get.
We also learnt from the other team what to put in place as an entrepreneur like- problem statement
Business model, Key partners, Key activities, Value proposition, Customer, Packaging, Diversification structure, Testing phase, Growth mindset, Working capital.
We dive into the route to economy and section of economy
Ultimately, we were made to understand how perception is everythingā¦
Core competencies is an entrepreneur
Good communication, leadership, Good listener, Decision making, Disciplined vision oriented, Risk taker, confident and bold, innovative and creative, Ability to network.
In essence, entrepreneurship solves a problem and meets a need.
Thank you
It was a detailed class and I had a lot to learn!
Stay tuned for updates on other classesš„³