Being your own boss is the best job you can get because what you do
and how you do it in your business is all up to you. Interested in
starting your own Information and Communications Technology (ICT)
business? Then get out of your comfort zone now. People must get out of
their job-seeking mode. Are you ready to take Control? Take Charge!
Become a Provider for the Knowledge Economy. Become a Wealth Creator in
the Digital Revolution!
What should you consider in setting up and growing your ICT business?
What ICT business ideas are available and viable? Which ideas are yet
unborn? Or what of those that are born online? What strategies should
you employ in starting up your ICT company? In particular what are the
entrepreneurial fundamentals, capacities and mindsets you must develop
for succeeding in IT business? What really is the difference between
success and failure? What does it take to create wealth in ICT – to be
profitable and sustainable?
The Entrepreneurship Requirement
By taking risks and translating ideas into business results, the
entrepreneur contributes positively to economic development of the
country. It’s simple. When you are an entrepreneur, you create jobs and
wealth. Despite the lack of support and recognition, the economy depends
on you. The entrepreneur drives change and promotes innovation in the
economy. However, there is a shortage of entrepreneurs and
entrepreneurship learning. Nigeria is therefore not exploiting its
entrepreneurial potential. Entrepreneurship is fundamental to economic
development. In order to meet national goals, achieve social inclusion
and overall prosperity Nigeria needs more entrepreneurs.
The craze for white-collar jobs certainly does not help. Have the
white-collar jobs in the banks, telcos and oil companies reduced the
level of poverty in society? How many people can the banks employ?
Forget the flashy stuff and focus on substance. Whether you like it or
not, whether you believe it or not, it’s time for us to wake up to
reality – small businesses are the real engines of growth in the
economy. Interestingly, entrepreneurship is often considered a less
attractive career option. We must discard that mentality. People,
Please, Please, listen to the news – Job security is dead, so why don’t
you create your own jobs?
Why ICT Entrepreneurship?
In view of the important role ICT plays in all aspects of our
personal and business lives, the IT entrepreneur is critical to
development. For example, in this era of globalization, ICT
entrepreneurship allows countries like Nigeria to become producers and
creators in the high value areas of the knowledge economy. ICTs are the
infrastructure of the digital global economy. They are what make the
global village possible. However, the majority of entrepreneurship
learning programs are offered in business and economic institutions and
disciplines. ICT entrepreneurial learning is required to address this
state of affairs. There must be an entrepreneurship focus on areas that
drive change in today’s digital world, particularly ICT.
However, entrepreneurship is not a technical matter. Neither is it
just about money. Creating and running a successful requires more than
technical expertise and money. Is entrepreneurship a bed of roses?
Entrepreneurship refers to an individual’s creative and self confident
ability to turn ideas into action in a profitable and sustainable
manner. Why do some fail while others succeed? It’s important to
understand the practical perspectives that last and work, as well as how
to address the challenges associated with entrepreneurship in the local
and global environment. Entrepreneurship is about reward and wealth
creation; it is also about managing risks and challenges. So what are
the major mistakes made by tech entrepreneurs? What are the Critical
Success Factors of IT entrepreneurship?
Why Africa? Why Nigeria?
There is a global digital revolution but Africa is still largely
underserved. We must rise above consumption to production. Nobody is
coming from Mars to tap the opportunities for wealth and job creation.
Crying will not make underdevelopment go away. The argument is that we
cannot grow because we are underdeveloped.
Entrepreneurship is
one of several strategies that must be adopted. The disease of poor
leadership ravaging the African continent is no excuse for folding our
arms. We say NO to the victim mentality that bows to digital
slavemasters! We must refuse to be victims of globalization. And we
cannot put our future and hopes on hold until authorities and leaders
wake up! Entrepreneurship is an opportunity for the individual to take
back some control and make a difference. Entrepreneurship creates wealth
while fighting poverty, disease, hunger and other real dangers
associated with underdevelopment. Through ICT entrepreneurship it is
possible to achieve success by being drivers and not consumers in the
global digital economy – the digital Small Giants!
It is necessary to create and promote programs to address issues of
experience and lack of self-confidence that stop many from creating and
growing their own businesses. Underdevelopment provides challenges that
can be turned into opportunities. We cannot continue to suffer from
thirst at the river bank. To get real benefit in today’s digital economy
we cannot all be job seekers or consumers. There is a need to create
and empower a new generation of digital entrepreneurs. ICT is the
infrastructure of the digital economy. ICT is not limited by sex or
geography. You simply need to be informed about ICT and have the desire
and ability to create and grow your business.
We complain daily about the lack of jobs. Interview today, but no
jobs, downsizing, massive layoffs, retrenchment are the songs of
globalization. Globalization requires entrepreneurs. Are you ready to be
a driver or a spectator in the digital revolution? Why are you content
being a passenger when you can drive change? Complaining is a baby’s
game. I have to laugh when people think criticizing from morning to
night will attract sympathy from poverty. Don’t you?
Jide Awe, the Founder/CEO of Jidaw Systems Limited, a leading
provider of IT education, consulting, and Internet content services
originally published this article on TechTrendsNg as The Essence of Entreprenurship