The Bae Hive

View Original

Minding My self owned business

In a "some things change, yet some things stay the same" world where innovation drives progress, it is crucial that we empower our youth by teaching them about business ownership. Instilling the values of creativity, problem-solving, and financial literacy from an early age will not only promote economic growth but also create a more equitable society, where people from all social classes have equal access to the knowledge and opportunities of business ownership.
Financial freedom, growth, and education have been widely widely withheld from some social classes, resulting in a significant knowledge and opportunity gap. By emphasizing the importance of entrepreneurship for EVERYONE, we can help bridge this gap and ensure that every individual has the chance to benefit from the rewards and opportunities that business ownership offers.
Now understand, that while entrepreneurship may not be the right path for everyone, the education surrounding it certainly is. Teaching our youth about the fundamentals of running a business, communication skills, coping mechanisms,  financial management, and risk assessment equips them with valuable life skills that can be applied in various aspects of their lives. Furthermore, it allows them to make informed decisions about their future, whether they choose to pursue entrepreneurship or not.
Many creative individuals often miss out on the opportunity to become entrepreneurs, simply because they are never educated on the process or the benefits. By exposing them to the world of entrepreneurship and forming a village of accurate information, we can unlock their potential and enable them to turn their passions and ideas into successful enterprises.
Undoubtedly, working for oneself and owning a business comes with its hardships, such as long hours, no PTO during formative stages, financial risks, and the pressure of decision-making, on the other hand, working for oneself  comes with a WEALTH of rewards like independence, creative freedom, flexibility, and personal satisfaction of self accomplishments, just to name a few. The challenges are inherent in any pursuit of success, and learning to overcome them is a vital part of personal and professional growth. Teaching our youth about entrepreneurship helps them develop resilience, adaptability, and self-reliance—essential qualities for thriving in a rapidly evolving world.
Taking the time and finding the resources to teach our youth about entrepreneurship is an investment in our collective future. By providing them with the knowledge and tools necessary to succeed, we can foster a generation of innovative thinkers who will contribute to the economic and social fabric of our society. Let's empower our youth, embrace their potential, and watch as they create a brighter, more equitable future for all.