CHAPTER 1

TIT-BITS ABOUT AN ENTREPRENEUR

A major NEGATIVE product of economic crises is unemployment. Thisis a global challenge and hence its incorporation as a major agendain the Millennium Development Goals (MDGs). The employableunemployed youths and citizens in Americas, Africa, Europe, Australiaand Asia need lucrative jobs. Such job should be a secure job. A securejob is a job whose remuneration package pays all bills (basic needs,medical, transportation, insurance, communication) and allows forsavings in anticipation of a rainy day. The doer, at no time, neverentertains the fear of sudden retrenchment or being sacked until theexit period (retirement) or in accordance with the rules guiding hiringand firing of employees.

In most underdeveloped nations, it is apparent that only governmentprovides secure jobs. Getting civil service jobs is a roadmap to moraland financial corruption. Certificates are altered or falsified to securethe few jobs advertised. Parasites among the workers becomehigher in number. The number of potential entrepreneurs is reduced.Recurrent expenditures are increased more than the investments oncapital expenditures. Reduction in capital expenditures is a reductionin the social infrastructures for the investors. The investors, local orforeign, are capitalists that hire and fire at will depending on theviability of their businesses. They capitalize on the huge numberof increasing number of employable unemployed in the nation toemploy cheap labour with the use of contract staff. They demand formaximum participation to get maximum output from the workersfor the slave-wage being paid. No government job is terminateduntil the doer violates certain working ethics or stated rules. Publicworkers (civil servants) work for thirty-five years or till certain varyingage of retirement in Nigeria, for instance, before retirement withfull benefits payment. Unlike in some of the private sector-ownedbusinesses, civil servants enjoy due welfare packages.

Unfortunately, these nations cannot employ more than twentypercent of the unemployed population. How would the remainingeighty percent get lucrative jobs? If government is found wanting inregulating the employers-employees relationship especially in theremuneration and the conditions of service, then jobs must not onlybe created but be provided en masse for the large number of theemployable unemployed to choose from periodically.

Simply put, new entrepreneurs must be created in a large number toexpunge hopelessness among the growing number of the employableunemployed citizens in order to employ them positively at a swap!

Hopelessness, as regards the future, to the idle youths, is a baitto become deviants and societal nuisance. Unemployment crises inGreece are leading to xenophobic violence when bail-outs are failing.Most nations are suffering from underemployment and terrorismespecially the poor nations in Africa. Recently, the call for wageincrease led to the killing of thirty-four miners and later the sack ofall the miners in South Africa. I wonder why nations cannot providelucrative jobs in excess (for the employable unemployed to makechoices of) for their nationals and migrants in the midst of limitlessopportunities abound in each nation. Africa has nations with goodclimatic conditions, mineral deposits, fertile lands and brooks, rivers,streams even oceans to start industrialization from farming and agro-alliedbusinesses. The major obstacle is how to create favourablebusiness environment for businesses to proliferate. America, Asia andthe Western worlds also have theirs especially digital technology thatis sending many out of jobs. Fortunately, this evolution can providemillions of new jobs from the existing ones in the light of the contentof this book.

In fact, this is the position of this research-based book. The Carribeans,the South Americans, the Asians and the Gulf nations have numerousdistinct endowments that could enhance provision of jobs and not justcreation of jobs opportunities being peddled around. Jobs vary from anation to another nation. Therefore, new jobs that are creatable forthe unemployed to make choices of in a nation may be to revitalizethe old jobs or converting odd jobs into lucrative and secure jobs. Inboth cases, be creative in introducing unique features in the jobs invogue in another nation towards creating entirely new jobs.

In the course of this research, we found out that many people,especially the youths, are more interested in picking up governmentemployment forms. They felt, as aforementioned, that publicjobs are more secure and lucrative than private companies' jobs.Unfortunately, only a government that reduces its nation to aconsuming nation, hence accumulating huge future human liabilitiesas nationals, would take up employment of nationals as one of itssocial responsibility. Employing the employable is and should not bea government business (Sanusi Lamido Sanusi: 2012). A governmentonly needs a few hands (civil servants) for its administrative purposesand official functions. Rather, conducive business atmosphere shouldbe created by those in authority for entrepreneurs to spring up andthe nation becomes a producing nation.

It is a fact that not all people can be entrepreneurs as majority wouldbe employees working for the established creative entrepreneurs.The employees contribute their physical and mental efforts for thebusinesses of their employers in order to spread the national wealth.They hence assist in improving the positive multiplier effect on theGross Domestic Product hence Gross National Income.

Sadly, most employers of labour treat their workers like slaves andgovernment seems to be looking elsewhere. The frustration is enoughfor new entrepreneurs to spring up. These later become employersthat would treat their employees with a difference.

Meanwhile, as regard the bad employers, the buck is on the tableof the administrators. They should never close eyes on the rightsof employees under the employers. They should not show nonchallantattitudes about the plights or poor working conditions ofthe employees in the private sectors.

On a good note, the victims of bad employers that are currentlyemployed have two alternatives- enduring under such...