8 ADVANTAGES OF BEING A STUDENT/YOUNG ENTREPRENEUR

An entrepreneur is someone who organizes and operates a business venture and assumes much of the associated risk. By extension, a student entrepreneur is that individual that combines his academic work with some business or business-oriented ventures. At this point, I’m quite certain you must be thinking that meddling academic activities with business or some other activities will hamper ones academic pursuit. Well, wait till I unconvince you.

1.TIME MANAGEMENT

Being a student entrepreneur helps you to develop astute time management skills. This will make the little time you have for your venture and academics very productive. It also keeps you away from unnecessary distractions (if you know what I mean) and helps you build yourself while yet a student.

2.PEOPLE MANAGEMENT SKILLS

Whoever told you you don’t need skills to handle people? Believe me, the ability to handle people and make negotiations is a skill which anyone can develop—be you an extrovert or introvert. I used to be much of an introvert myself (which is awesome) but believe making my first venture as a student opened me to a whole new world. It has given me the opportunity to practice principles I have learnt from Dale Carnegie’s How to win friend s and influence people. The change has been so radical that I can hardly tell these days if I am an extrovert or introvert.

3.BETTER GRADES

I know you might want to argue with me on this one, but the truth is a student entrepreneur makes you have less time and based on research; people who have less time are more likely to make a more productive use of it. Let’s face it, even if you had 24 hours to yourself, there is no way you can se the whole of it for reading. So, why not devote a few of these hours to some other productive activity.

4.FINANCIAL WISDOM

Its one thing to know how to spend money and it’s another thing to know how to earn it. A lot of our knowledge of money right from childhood has been centered on consumerism; we are sent on errands to purchase a whole lot of stuff so when we grow up and see money the first thing that comes to our mind is—how do I spend it? Never taught of it that way right? Well now you have.

Being a student entrepreneur gives you a glimpse of how money is earned and will help you develop a viable savings, investment and spending culture.

5.PARTNERSHIPS/AFFILIATIONS

Someone rightly said, show me your friend s and I will tell you who you are. When you become a student entrepreneur, consciously or subconsciously you begin to build yourself an amazing range of clientele –and who knows, it might lead to some bigger ventures in the future.

6.EXPERIENCE

Let’s face it, job opportunities in Nigeria and most part of Africa today are very scarce and even the available few require someone with “experience.” So, why waste your time and talent when you can utilize it for yourself and for humanity. Give yourself the experience you need. The last time I checked, self employment was still employment no matter the pay.

7.DECISION MAKING

Sure! To be an entrepreneur of what ever sort, you need to be a decision maker . That in itself is a great attribute—howbeit, anybody can develop it! However, one important question to ask yourself is, are you looking to develop this attribute years after graduation when responsibility and desperation is already telling on you? Or better still as a young student when you have all the freedom, space and time in the world.

8.YOU GET TO LEARN FROM MENTORS

Of course! By being an entrepreneur, it means you have indirectly signed up to be a perpetual learner and voracious reader. What do you think entrepreneurs like Richard Branson, Aliko Dangote, Christopher Felix, Mark Zuckerberg, Adams Taimako ,Abdulsamad Lawan and Bill Gates spend their time doing? They spend it reading, researching and looking for ways to develop new ideas and pioneer new innovations. Lest I forget, entrepreneurs like Linda Ikeji, Bill Gates, Mark Zuckerberg, Tara Durotoye to mention but a few all started their ventures while as students—believe me, it’s the in-thing!

Youth entrepreneurship is so important that former British prime minister had this to say;

“Entrepreneurship will become a core skill which all young people will need to exploit the opportunities emerging from science and technology, culture and communications.”

 

 

You can also include other suggestions on how you think student/youth entrepreneurship can better the lot of  Nigerian and African youths. Don’t forget to share with friends and loved ones.

 

 

 

solomon Author

I’m Solomon Onu Idenyi: a writer and public speaker. I’m really glad you came around. I sincerely hope you do come around often—I wouldn’t be here not for you! WWW.solowrites.com is website that not only promotes education and innovation but also showcases young and bustling entrepreneurs and innovators across Africa. We would love to know your ventures and advertise for you! So go ahead and contact us today!

Comments

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      solomon

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    Ikeji Linda

    (December 4, 2017 - 1:52 pm)

    Multi-award winning producer seems to be prepared to settle down,
    as he has taken to social media to write this interesting
    issue to Nigerian blogger, Linda Ikeji. Nigerian singer and producer, Don Jazzy may well have indirectly proposed to Linda Ikeji
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    indirectly expressed his desires to be with Linda Ikeji.
    Dear @LindaIkeji I wrote one film script like that. I will be the lead
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    Linda Ikeji, Queen (you may possibly as properly say
    King) of blogging. Rich, thriving and sitting pretty
    at the leading, she holds one particular of the most coveted title in Nigeria suitable
    now. Her shoot to stardom has got us carrying out a lot of math and brain function on how
    a widespread blogger was capable to afford a mansion in Banana Island for
    a lot more than half a billion naira. Effectively, that alone tells us
    that she isn’t a “common” blogger any longer is she?
    A graduate of UNILAG turned model turned blogger has carved a niche for herself and from the look of
    points she’s right here to stay.

    I have a lot of respect for her, I need to add. How in heaven’s name did she make all that revenue?
    For her to have spent over half a billion naira on a home did that mean she
    had a triple of that in the bank? These and lots of far more plagued the minds of
    most Nigerians. Prior to this she had been in the news severally
    for getting misunderstandings with many entertainers like comedienne Princess,
    music artiste Olamide of YBNL, Richard Mofe-Damijo just to mention a couple of.

    It is protected to say Linda does not have
    quite a few close friends in the entertainment sector mainly because
    of the compromise it will result in to her weblog.
    So back to her finances, we more than right here have completed a tiny homework on how she arrived at her current worth.

    Can you think that? Okay, so let us tell you how we
    arrived at this figure. Bear in mind through the election when she had
    a homepage takeover by PDP, properly sources say that is where she created a chunk of her money from.

    She was paid in millions of naira for that brief time frame.

    Also, Linda Ikeji’s blog rakes in more than a million views per web page.

    Get this ideal, we’re not saying her whole weblog gets only a million views a day, we’re saying
    that for every single news content material she puts up it generates over 1 million views everyday.
    How do these views translate into the massive bucks you could ask.
    That is exactly where Google Adsense comes to play.

    Google pays for the quantity of site visitors your web page generates.

    To calculate the Adsense , you want to realize the everyday targeted traffic statistics.
    The extra visitors a internet site generates, the far more
    revenue in it for the blogger. Then advert prices are not excluded as well.
    She also charges at least N50,000 for featured/ sponsored posts and this charge is largely out of familiarity or due to an acquaintance.
    It could expense more for somebody totally new. You do
    the math and think about how many sponsored posts she gets in a day then multiply that by 7 days in a week.
    As observed above, this is a rough estimate of what she
    earns from adverts month-to-month.

    This significantly data is what we can vouch for and deem correct.
    There could possibly be other sources of
    income which she has that we do not know about. As for her philanthropic performs, she has a project referred to
    as I’ll Rather Be Self Made, No thanks which assists
    young girls with brilliant suggestions to grow to be their personal boss.
    Her Monday giveaways on her weblog aren’t forgotten either.
    How impressive that she would do all these in the small time
    that she’s amounted to some thing. So subsequent time when she splurges on these Hermes bags
    and Giuseppe Zannoti footwear or probably
    she buys the 2016 Range Rover Sport, please give
    her a break? The girl’s worked tough!

    Oh ye rappers, I have moved on to greater items.

    I will see you in a jiffy. That was the initial thing that came to my thoughts when I study the news,
    to be honest. Our dearest Aunty Linda has moved on to greater issues – she’s decided to expand her enterprise to consist of other areas asides from blogging.
    Linda produced the announcement yesterday in a
    blogpost saying she’s developing four new brands – an on-line Tv
    network (Linda Ikeji Tv), an online radio station (Linda Ikeji Radio), a music web site (Linda Ikeji Music), and some thing called “LIS”.
    All these brands will be beneath a large Linda Ikeji Media brand.

    When I cannot precisely give Linda props for creativity when it comes to naming her business,
    I ought to admit she has taste (or at least her interior decorator does).

    I imply, have you seen the space she’s built to
    property these brands? It is quite neat. She’s got a Television studio,
    a dressing/makeup area, and a operate space – all that
    is left is the personnel and employees. Linda Ikeji has been somewhat of a sensation considering that she got that
    N500 million property in Banana Island and people began to wonder exactly where she got her revenue from (mainly because it COULDN’T have been just blogging, yeah?).
    We did a statistical evaluation of how she rose
    to fame and the one issue that stood out was consistency.

    Linda has been consistently blogging given that 2006,
    and her blog didn’t choose up till late 2011 – that’s pretty much six years of speaking to the desert devoid of giving up.
    Her consistency produced way for actual paper to be coming in. If you feel Linda couldn’t have
    afforded that home from “just blogging”, think again. A breakdown of how Linda Ikeji tends to make her millions shows she tends to make around N50 million a month from sponsored posts, custom ads, Google advertisements, top banners and website takeovers.
    Our Linda has significant dreams and this is just the beginning.
    A single of her long term ambitions is to have a cable Tv channel, so I guess it’s secure to say Linda Ikeji is on her way to becoming a media mogul.

    In 2012, she was dating Yoruba significant guy.
    She exposed once that, earlier she was blackmailed for funds.
    After over the bling blings in Dubai, she spent over a million in just a minute.
    At the age of 17, she began functioning as a model, waitress,
    and writer for supporting her poor family members.
    In 1998, she started modeling. She recruited many models and trained them.
    She quit her modeling agency in 2005. She still has
    the agency. She didn’t get adequate money from these performs.

    While in UNILAG, she started modeling in the entertainment
    industry. She started modeling for various brands.
    She worked pretty really hard and started her own corporation of
    media, Black Dove communication. The name Black Dove communication is her favorite colour black
    and preferred Bird Dove.

    She worked very really hard to accomplish such a substantial height.
    In 2007, she started blogging. Just soon after 5 years, her blog becomes the most visited blog in the Africa.
    She delivers news, gossip, entertainment news and other data as nicely routinely.
    Her weblog gets thousands of visitors everyday. She got the title of Queen of Blogging.
    She constantly focused on her blog and got so much profit following five years.

    She got millions of customers monthly. In 2012, she
    got 20 thousand customers everyday. In 2014, she got about 1 lakh operation day-to-day.
    She has also written quite a few motivational books.
    She is a single of the highest earning blogs in Nigeria.

    Her blog is the good source of news. US dollars as of 2017.
    She earned such a wealth from her blogging profession. She always gifted high priced present like vehicle
    and homes to her close to and dear. She bought two houses for her parents at
    N30 Million. She gifted vehicles of around N50 Million to her
    loved ones. She earns N19.five million monthly from the adverts and
    N12,237,750 monthly from the Adsense Revenues. She also has cash which is not much less
    than N500 million. Linda Ikeji’s residence: She purchased Banana Island of
    700 square feet at N600 million. Her big and gorgeous house has 3 floors,
    two living rooms, pool, cinema, and 6 bedrooms. Awards and Achievements: In 2013,
    she won the Nigeria Blog Awards NBA for the Finest Entertainment Weblog.
    Linda Ikeji is very humble and hardworking. She worked
    really really hard from her childhood to obtain such a wonderful height.

    She is down to earth and open minded as well. She is quite intelligent and gorgeous.

    She knows how to make cash. These days, she is the part model for the
    youth. Her story is an inspiration to a lot
    of persons on the earth.

    Aside from permitting you to share memories, join with close friends, study breaking info from Linda Ikeji’s weblog,
    you could additionally make income on the Linda Ikeji
    Social neighborhood. You can earn revenue by submitting stories on Linda Ikeja
    social. LIS will pay you N1,000 per authorized story.
    On your story to be authorized for cost, it have got to be extraordinary and long-established.
    Payments will replicate inside the “wallet” section of your LIS
    profile. Assume, submitting 10 distinctive data
    or stories to LIS in a day. To post amazing information and facts
    on LIS, sign in and click on on “submit Story” button. You may
    perhaps also create earnings by way of the Business page you produce on LIS.

    According to Linda Ikeji, in case your LIS company page has at least 50,000 followers, LIS will use your web page to promote products and offerings
    for her clientele. As a result, you are going to get a share of what advertisers pay LIS
    to promote on the platform. You are going to get
    20% of one thing advertisers spend for every banner. If your small business web page followers get
    to a one hundred,000, two banners can be placed on your web page and you will earn double of the quantity i.e x2 of the 20% per banner.
    Just about every week, LIS will be giving out money, prizes, recharge cards and other mighty freebies and so on So, that is an more manner that you would be capable to produce profits on LIS.
    You have to be a aspect of the group to discover what LIS shall be
    giving for absolutely free. Just click on on the “Giveaways” button to realize
    what’s up.

    Approaches To Make Revenue From LIS

    Make cash from Linda Ikeji social by increasing your e-mail subscriber list

    Nigerian Blogger Linda Ikeji Reports Wizkid to
    the Police

    March 2017 at 12:42

    This is an old interview that was performed by Punch in 2015, but it resurfaced right after Linda Ikeji became trendy on social media more than her fight with Nigerian international artiste,
    Wizkid. OAP, Dan Foster shared dirty details of his failed
    partnership with Linda. He stated She was in adore with him but he was dating
    about three females then. He stated when he even married is wife,
    Linda nevertheless continued to extended for him but he saved her number with distinctive codes on his phone which his wife
    constantly finish up discovering out.. She was in like
    with me. But it didn’t operate out”, Foster now married with children tells the newspaper.

    I took her for granted and I was dating a different particular person when I was dating her. I attempted to maintain a relationship in Abuja, yet another in Warri though she (Linda Ikeji) was in Lagos. Why did you marry a Nigerian? My father told me that my ex had moved on. In fact, he told me then that she looked heavy. I asked what he meant and I was told she was pregnant. I knew she had seriously moved on. But then, I didn’t marry once again till nearly four or 5 years later. I was taking my time right after that. It wasn’t some thing I wanted to jump into.

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