Entrepreneurship Articles

International Youth Day 2020 in the Midst of Chaos; Way Forward – By Javnyuy Joybert

International Youth Day 2020 in the Midst of Chaos; Way Forward – By Javnyuy Joybert

 

For Millennial young professionals and entrepreneurs and some Generation Alphas, COVID-19 is their major global economic crisis and pandemic they are facing as key players in the marketplace.

 

The 2020 International Youth Day is ushering young people into the novel economy popular termed the new normal into a different kind of workplace and work culture popularly termed #WFH (Work From Home). 2020 graduates are entering the worst job market since the Great Depression. Job market full of uncertainty, chaos, fast pace change and much more.

 

It is a difficult time for young people, some are afraid of their tomorrow, some are stressed up, some are confused and some are definitely excited and curious about what is coming. The only thing certain is an uncertain future, especially in the present marketplace, digitized and global business world.

 

With COVID-19 pandemic giving birth to more chaos like economic crisis, workplace crisis, unemployment crisis, this has severely affected the livelihoods of young people either as newly recruits, job seekers and or startup owners. Why? You may be asking. The hardest hit segments of the economy or population are daily wagers, low-income earners, entrepreneurs and small-scale businesses and young people make up the largest percentage of this segment.

In this confusing and unsettling times, rapidly changing marketing place, young people need to start making critical and intentional decisions about their careers and businesses. It is high time for young people globally and especially across Africa to know they cannot be on the sidelines, they cannot just watch, they need to wake up, show up and be active key players.

 

Right now playing the blame game, shying away from responsibilities, staying quiet while people are being oppressed, staying quiet in the midst of bribery, corruption, embezzlement and under development is not for any young person in this present age. It is time for young people to be movers and shakers.

 

There is no doubt the pandemic has had deep economic, career and social consequences on young people, which will widen existing inequalities between young people and matured professionals and or the wealthy. Despite the massive unforeseen circumstances caused by the pandemic, the determination, bravery and self-reliant nature of young people will shine forth.

Forward-looking young people are wondering what a post COVID19 marketplace might look like. Truth is, there is a lot of uncertainty how the marketplace will look like after humanity succeed to beat COVID19. Oh yes, you read that right, humanity always win. We are not going to lose this fight.

 

What is the way forward for young professionals and entrepreneurs as we celebrate the International Youth Day? The COVID-19 crisis is an opportunity for change in our society and this give the young people the opportunity to lead and to shape our future.

 

  1. Young entrepreneurs should seek ways to revamp their existing business models to adapt to the novel economy and changing needs of their markets

 

  1. Young professionals should upgrade their skills massively to be employable in the current marketplace driven by remote working and or work from home culture. With businesses and offices being forced to shut down, the economies have come to a halt. The service sector has moved from physical workstations to digital workspaces, thus, increasing the reliance on digital connectivity

 

  1. Young professionals should effectively master how to synchronize machines, systems and humans (staff) to achieve the desired goals

 

  1. Young executives and entrepreneurs should master how to create and lead sustainable and flexible workplace strategies. The current and future workplace is not just physical it is now social and digital workplace

  1. Young professionals and entrepreneurs will consistently need a higher degree of adaptability and resilience for sustainable success in career and business.

 

  1. Young people need to be quick to seize opportunities, speedily improve what needs improving and transform what needs transformation

 

  1. Young people should invest in Future Literacy skill. According to WEF, “it is time our society takes another step forward to cope with this new challenge, becoming a more “future literate” society. This is the skill that allows people to better imagine and make sense of the future. It’s important because it is images of the future that drive our expectations, disappointments and willingness to invest or change”

 

Yes, COVID19 drove the business economy to a standstill but the resiliency, ingenuity, commitment, bravery, skillfulness and resourcefulness of young people will reopen a new massive novel economy.

Happy International Youth Day 2020

 

Javnyuy Joybert

African Youth

www.javnyuyjoybert.com

 

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Entrepreneurs Growth Plugs Series – Episode 6 Responding to Entrepreneurial Challenges by Javnyuy Joybert

Entrepreneurs Growth Plugs Series – Episode 6 Responding to Entrepreneurial Challenges by Javnyuy Joybert

As entrepreneurs and or business persons not only in Cameroon but across Africa and globally we are always facing complex challenges but how we respond to challenges will define our careers and businesses tomorrow.

There’s one Incredible fact about entrepreneurs and challenges. Through the toughest challenges rebellious entrepreneurs build stronger futures they don’t back down, they master how to sale through the challenges and always ready with post-challenge strategies and execution plan. Challenges mold your character in order to drive your future success.

One thing I desire that every entrepreneur should get is, their mentality towards a challenge determines their next reality. That’s why it’s imperative to understand how you respond when you face challenges as you build your career and business. The most successful people focus on solutions rather than problems.

Challenges in your life and career will constantly push you to your limits and challenge you to break your performance barriers.

How to respond to challenges?

  1. Stay committed to the vision in your heart. My question to you is, will you abandon your dreams because of some challenges that won’t last? No matter what happens stay committed to the vision.
  2. Don’t let fear dominate you.
    The most important thing to do in the midst of a challenge is to take control of your thinking. Don’t let fear dominate your thinking you will make wrong decisions. No good decision comes out from a frustrated and angry mind.
  3. Acceptance of personal responsibility. Accept that there’s a challenge and assume the responsibility of solving the challenge with a clear mindset. I did not say you should cry over the challenge I said assume the responsibility to solve the challenge with a growth mindset and excitement about the future.
  4. Seek help from the right people. The right people I mean people who believe in you, believe in your vision and willing to sacrifice for your Growth. For example mentors, parents, siblings, true Friends etc.
  5. Honour challenges as growth opportunities. Use each challenge as an opportunity to grow, develop, and strengthen your character. Don’t react to challenges, when you react it means your emotions rule your decisions, and that the situation controls you.

Entrepreneurs respond to challenges by taking initiative to create positive change.

Keep building that dream

Entrepreneurs Growth Plugs – Episode 5 The Entrepreneur’s Must Ask Questions by Javnyuy Joybert

Welcome to weekend episode of this series tagged Entrepreneurs Growth Plugs. Thank you for the Incredible feedback from episode 1 to 4.

I strongly believe that in the business environment, the ability to ask the right questions and find the right answers or even the wrong answers and fail before finally getting the right one is super imperative in business success. Today I will share some important questions that every Entrepreneur at any level should ask and seek answers as they strive to build sustainable businesses.

Ask yourself the following questions and possibly if you can get a pen and paper as you go through this it will be worth it.

1. What pain am I really solving?
This question is critical because when you ascertain the exact pain that you want to solve through your business, you avoid the pain of building a product no one will buy or your family members and friends will buy from you out of pity. Here’s one fact, when the right pain point is not ascertain you will sell to people who can’t buy or won’t buy. You can’t design a product your customers love if you don’t understand what pain they want to relieve.

2. What am I building?
Whatever you decide to answer here is directly affected by the first question. You need to clearly and concisely answer this question. Now that I clearly understand the pain point, what do I build that will perfectly solve the customer’s pain. This will help you build a must have product and not a nice to have product for the pain. Build a product that position itself as an indispensable solution. Note this, building a startup is not about really building something innovative it is about building The Product that fit the market needs.

3. Who will I serve?
By now, you should be having a clear understanding on who you will serve. The pain identified in question 1 is definitely linked to a target group of people in the society and the product you are building should have certain characteristics that reflect a particular group of people. If you do not clearly know whom you will serve through your business or product, you will sale to people who won’t need and who won’t buy. Identifying the target audience for your products or services is an exercise that will transform your business. The better you understand your target market, the faster your business will grow.

4. What is the promise I am making to my customers/clients and to myself?
This particular question if answered right and practiced effectively can change the trajectory of your business growth. Business now is more than just exchanging products with money, is about having a mission, relationships, kindness, leadership, commitment to go above and beyond, is about the higher purpose of service to others and when you make this promise to clients and yourself, results are different. What is your promise to your customers? For us at COSDEF Group our promise to our clients is “We put you first place and serve you with class and excellence”. Every action we take towards a client is backed by this promise

5. What are my objectives, strategies and action plans (steps) to achieve my goals?
Definitely, one of the most important questions but very few entrepreneurs get to intentionally seek the answers. Majority of Entrepreneurs operate as if they are on autopilot. Always have clearly defined objectives, executable strategies on how you will achieve the objectives and most importantly action plans with dates and who to hold responsible when objectives are not achieved and who to celebrate when the objectives are met. Entrepreneurs often are overwhelmed by the number of tasks they need to accomplish on daily basis. When you have a detailed objectives, strategies and detailed action plan, it becomes easier to evaluate the urgency of the tasks, to determine what tasks to focus on.

If you went through this just for reading sake it is time to practice. Get a pen and a book and do your best to provide answers to the above questions. You do not guesswork and build a great business.

See you in episode 6. Super interesting stuff coming.

Entrepreneurs Growth Plugs – Episode 2 The 5 Key Capital You Must Have

Entrepreneurs Growth Plugs – Episode 2 The 5 Key Capital You Must Have by Javnyuy Joybert

Good morning to you Entrepreneurs & Wannabe Entrepreneurs. Welcome to episode 2 of Entrepreneurs Growth Plugs Series.

Today, I will talk about the 5 types capital every Entrepreneur must have to run a thriving career & Entrepreneurial institution.

You will struggle, be weak if you are not building all these 5. Ready? Let’s go

1. Human Capital- People
Hear me, you can test & validate an idea alone but you cannot scale or build an entrepreneurial institution as a one man army. There’s difference between an entrepreneur and self employed. You have to intentionally search for the right team members, partners, customers and other stakeholders who can help to grow the startup. Identify the kind of people you need to grow & find them.

2. Intellectual Capital – Ideas, Information.

To be a successful entrepreneur, intellectual capital is key. This cut across from ideation, to getting access to relevant information, analyzing the information, making relevant decisions and more. This is in Incredible capital for every successful entrepreneur. You need to intentionally build your mental muscle.

3. Social Capital- Relationships & Trust
If you ask many entrepreneurs now what is their most important capital they need they will tell you financial capital. And year in year out they struggle to raise this capital without success. You cannot raise capital from people you don’t have a relationship with, you cannot even raise capital from your family and friends if they don’t trust you. Dear Entrepreneurs, let’s intentionally build our social capital – build relationships and trust. It’s simple if you have weak social capital you will never raise financial capital.

4. Financial Capital – Money
Oh yes, the one many entrepreneurs think is the only one they need to succeed. But no, this is just part of what you need in your capital system to run and build a successful business. You will need to master the art of raising money. Note this, you don’t need money from third parties (grants, investors) to start a business, you need the money to grow (scale) a business.

5. Digital Capital – Online
One of the most critical and important capital for all Entrepreneurs. In this century, when a customer hears about you for the first time they do two things – search on all social media platforms and the big daddy google and if you are not on any you break their hearts and they lose credibility in you. For some people like investors and potential partners, they ask or look for your website. Your online presence is your digital capital don’t joke with it. [At AFA Designs Tech Firm we have an incredible package where we help businesses building amazing online presence for their clients, Investors. Contact me +237656140207]

To succeed, all 5 capital must be integrated and well developed. At COSDEF Group & AFA Designs we work with you to build all 5.

When it comes to running a successful people it’s more than just having an innovative Idea and the money.

 

CELBMD Africa Media Team

Keynote Address Excepts: 2019 Small Business & Entrepreneurship Forum – Javnyuy Joybert (CELBMD Africa Founder & Lead Trainer)

Keynote Address Excepts: 2019 Small Business & Entrepreneurship Forum – Javnyuy Joybert (CELBMD Africa Founder & Lead Trainer)

As the year round-up, I had the honour of being the main keynote speaker at the 2019 Small Business & Entrepreneurship Forum at the International Handicraft Center Yaoundé in the presence of Canadian High Commissioner H.E Richard Bale, Assistant Director General of APME and Foretia Foundation officials.

My keynote speech was tagged “Entrepreneurship in Cameroon – Challenges & Hopes”. Among other things, I emphasized on how corruption & bureaucracy in tax & business registration offices is killing entrepreneurs & SMEs. “Corruption does not invest in the future, it kills the future” says ADB President.

I also did emphasized strongly that entrepreneurs need to build capacity. It takes more than a good idea & money (investors) to build a sustainable business in Cameroon. From my 7 years+ experience in training & consulting with businesses in Cameroon I therefore recommended 11 skills that entrepreneurs need to thrive in Cameroon

11 vital skills for every entrepreneur or business person in Cameroon
– Resilience. Handling rejections & stress
– Presentation & Communication
– Networking & Collaboration
– Finance Management
– Branding
– Marketing & sales
– Setting Effective Internal Operations
– Spotting New Trends. Business moves fast, customers’ needs change faster so entrepreneurs must have the ability to see changes coming in their industries.
– Setting up the right team: Find and lead the right team members
– Professional digital presence
– Negotiation
Note: At The Center for Entrepreneurship, Leadership & Business Management Development (CELBMD) Africa we provide top certified programs in the above mentioned skills. Visit www.celbmdafrica.com

In conclusion, for the entrepreneurship ecosystem in Cameroon to thrive, we need strong effective government institutions that serve us effectively, manned by civil servants full of integrity and entrepreneurs must consistently grow in relevant skills.

Thank you

Javnyuy Joybert
Speaker, Trainer, Consultant & Entrepreneur

Entrepreneurs, Employees, Job Seekers, Do We Know This? Are We Even Thinking of This? – Javnyuy Joybert (CELBMD Africa Founder & Lead Trainer)

Entrepreneurs, Employees, Job Seekers, Do We Know This? Are We Even Thinking of This? – Javnyuy Joybert (CELBMD Africa Founder & Lead Trainer)

Speaking somewhere, I stated one of the key relevant skill every entrepreneur should intentionally develop is that of Spotting New Trends in their sectors. Business sectors move fast, customers’ needs change faster so entrepreneurs must have the ability to see changes coming in their industries.

As entrepreneurs, let us ask ourselves these two questions
1. What are the trends affecting your startup/business now or potential trends that will affect your startup/business in few months or years?
2. What operational & strategic moves are you making or will you make to take advantage of these trends so that trends don’t kill you?

Let’s look at a simple example, imagine a photographer 10 to 15 years ago. He was in good business, more clients, more sales but new trends of social media (especially Instagram, Facebook, whatsapp status) & high penetration of smart phones is definitely killing him. You reading this, when was the last time you paid for a printed picture? Or even if you did am sure your frequency of printing pictures has definitely drop by maybe 90% (wild guess). Personally the last time I printed a picture was in 2013.

Spotting trends is not only for entrepreneurs, even job seekers and employees need to pay close attention because changes in trends will affect the type of skills the marketplace requires. 2 Billion Jobs to Disappear by 2030. The question is what will cause this. My answer is New Trends

It is time to be intentional at spotting high-potential industry opportunities and trends and taking actions to capitalize on them

It is your responsibility as an entrepreneur or professional to stay ahead of the curve and be able to move with trends for the benefit of long-term success

See you at the top. Cheers!!

You are Rare You are Remarkable

Javnyuy Joybert

Bamenda Cameroon: Idea Validation Workshop

As a young entrepreneur and or wannebe entrepreneur, before you start investing all of the few resources you have, you must validate your idea first.

 

A lot of young people have failed because they have created an idea or product or service that nobody needed. One of the most important issues to remember as you start your entrepreneurship journey is that your idea, product or service must answer a need.

It is in this regard that The Center for Entrepreneurship, Leadership & Business Management Development (CELBMD) Africa – The Pan African Professional Skills Development Center is organising an Idea Validation Workshop in Bamenda Cameroon on Saturday 3rd March, 2018. Time 10am.

 

Head Trainer: Javnyuy Joybert

CELBMD Africa
Media Team

Upcoming: Idea Validation Workshop – Buea Cameroon

As a young entrepreneur and or wannebe entrepreneur, before you start investing all of the few resources you have, you must validate your idea first.

 

A lot of young people have failed because they have created an idea or product or service that nobody needed. One of the most important issues to remember as you start your entrepreneurship journey is that your idea, product or service must answer a need.

It is in this regard that The Center for Entrepreneurship, Leadership & Business Management Development (CELBMD) Africa – The Pan African Professional Skills Development Center is organising an Idea Validation Workshop in Buea Cameroon on Saturday 27th January 2018. Time 10am.

 

Head Trainer: Javnyuy Joybert

 

 

 

CELBMD Africa
Media Team

Entrepreneurship & Public Speaking By Chinonso Ogbobu

ENTREPRENEURSHIP & PUBLIC SPEAKING

What I am about to say may not sit well with some people, but hey, pardon my rebellion.

When some people say entrepreneurship is not public speaking, sometimes I understand what they are saying …. but most times, I don’t.

The times that I don’t understand are usually, for example, when someone finishes delivering on stage a well-articulated view on entrepreneurship, business, or its attendant issues only for someone to smirk and goes ahead to mutter:

“Talking is one thing, entrepreneurship is another.”

Hey, hey.. wait a second…

I really don’t get it.

Because planted in the soil of such demeanour is the wrong belief or ideology that both phenomena are always independent variables that shouldn’t be married.

Really?

Okay, this is my stance.

Entrepreneurship is always what it is but young entrepreneurs must learn that it also includes talking, many talking, especially in public.

Go ahead and debate this if you will, but we must learn to develop sweet mouth as young entrepreneurs.

When we begin to build our businesses, we will begin to see what I mean and how urgent it gets.

There is a certain leverage that being able to speak and engage an audience in a logically coherent, emotional, and persuasive manner gives to an entrepreneur.

For me, being able to speak with hypnotic passion and panache in public, on any stage whatsoever, and sway my listeners and tribe is part of building my business and brand and sales.

Public speaking is part of my entrepreneurship and one of the menus for feeding my critical five senses.

So when I mount a stage, the dedication I give to speaking is no different from what I give when I’m preparing official documents for my clients in the office, designing products, reviewing accounts, or brainstorming with my board in the boardroom.

I believe if we grow our ability to be good then great public speakers, it is not a minus to our entrepreneurship.

It is actually a plus – a plus that can actually be monetized and immortalized not only as a direct variant but also as a part of an entire value chain.

Anyway, let me end with the beginning:

I really don’t want to be known as that entrepreneur who can’t speak with power and accuracy in public.

No, I don’t.

 

About the Author

Chinonso Ogbobu is the Founder, #TheIncubators Africa a pan-African business learning and support ecosystem for young African entrepreneur.