Equity: throwback& abit of insight

Equity bank have this advert running on the vernacular radio station (kameme in my case I don’t know whether they have it in yours). Now the advert is all about investing in education of our young generation and importance of honesty and hardwort- and sure they have done a great job in wings to fly program.
Why it is a throwback to me is that it reminds me of prof Gathere(K.U) he was the only prof in my village back in the days. Young boys would literally stop when he passed by just to get every minute detail about him and latter mimick his walking style e.t.c. Anyway this in it self was a motivating factor to hard work in school
The other day I read some thread of a parent who had started a business for his son it was clearly highlighted the kid is an A material(I sincerely wish his that). But this made me think and rethink of the situation. In our days after completing form 4 you would get involved in so many college’s I.e unaanza na packages,driving school then after results unapelekwa kufanya CPA irregardless of what you wanted to do in life(anyway that happened in my village I don’t know about yours but I bet it was the same) by the time you were joining uni you were 1 or 2 sections to being CPA(k).
I have an issue with today’s parenting I know I don’t qualify that much to be questioning I am 5-10 years of becoming one anyway. But how on one’s right mind would anyone start a business for such a kid? Will the kid ever touch a book? Well I know that academia is not the only way of becoming successful in life nor we can’t all be in academia but don’t you think this I destroying the kid and others like him

(Grammar battallion wank on this the floor is yours)

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Villagers mkuje hapa, sisi ni city dwellers for ever.

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anyone who thinks business is second tier to academia needs prayers. a prof of entreprenuership or leadership studies and publishes in bill gates and zukabaaga both school drop-outs. give me karaja mbogua anytime

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Boss,if you note, most corporate organisations are laying off workers nowdays, we are heading towards automating most things.Think ATM’s,Electric train, Auto pilot, auto cars,etc, Suppose you get married in the next 5yrs, your first born graduates 20yrs later. Do you think she/he can easily get employed?. The future is to prepare our kids for entrepreneurship.

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Well I don’t dispute that but won’t you agree with a little books here and there you are bound to becone much better of an entrepreneur

My point is why waste youth years in business things and not books?

I know of a guy whose dad bought him lorry ya transporting construction products after he cleared form 4. Mahali huyo jamaa yuko sahii sisi wenye tulienda campus hatuwezi kumwona

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why waste your youthful years in books?

Throw the kid deep-end. Give him a biashara and let him either run it into the ground or watch him thrive. There aren’t many studies before going to proper University that are of any use these days. Instead of making the guy study something he isnt interested in or of any use to the course he intends on doing later, let him work.

To get yourself through the door and to increase your retirement age

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I always ask one simple question…How many people have business acumen? That true in-born shrewdness (in a good way)? I hear people saying am resigning to do biz…a few years down the line most are struggling others have returned back to employment…with the current economic situation in this country how far can one go in either line? Other than meeting basic needs can one really become a business mogul without connections and theft? In an economy like ours its better to have read and read well and to have accumulated a few years of experience…then venture out to wherever or whatever…i.e. have a fall back plan…IOM no line has an advantage over the other ni bahati ya mtu…we all cannot become doctors…

Most of times parents just throw kids into college so as to avoid having idle teenagers in the house which would create more problems than when one is engaged. Though its not a panacea to
the current challenges facing the young ones its kind of offers some kind of psychological comfort to the parents…and this will normally happen in a house where;
a) Parent appreciates education or
b) Parent is also the working class type

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@aviator ANAFANYA HUKO JOB

By the way in academia world chances of you getting in consultancy are high or by default where you can exploit cheap labour (mostly handled by students one lectures

Think this life balances itself out naturally…the guy who didn’t go to school but started a business that succeeded ends up hiring the bright A guys to scale it, the bright A guys with a low risk appetite find the companies that were started by the other guys and scale them up. Think I will introduce my kids to business ways early, give them some seed money to try out things and its ok if they fail as long as they learn

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Since business has no arbitrage opportunity why try? Anyway people are different

Arbitrage would present itself to an early investor in a business, say your friend is starting. De-risk it enough, hope it has growth exponentially, sell to the next investor at a higher price. Home and dry

That parent you have described is me.

In my thinking, an engaged youth is less dangerous than an idle one. The options for engaging this youth were take him to a college to study something he doesnt need or to get him a business. I opted for a merger of the two, so I have him attending classes za computers two hours a day after which he will go for driving. The rest of the day, he has a movie shop. That keeps him busy and at the same time earns him enough money for credit/dates etc, so am saving. Thirdly, I want him to appreciate that money does not come easily. lastly, I am training him to be self-employed rather than going to university with the hope of being employed.

@uwesmake, last warning or I expose you. Nugu

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You had skipped that he was selling movies part time. Thats brilliant