Ethical Entrepreneurship

There seems to be no option for Nepal than to work on to build institutions and create new jobs for millions of people at present and in the future if the country needs to leverage its ever growing human capital and eventually turn it into an asset for the nation. The leadership crisis mode, high unemployment rate, soaring rate of youth movement all these demonstrate a pressing need to work on ideas that matters to create new more jobs for our ever growing youth of today and the future. The employment opportunity within the nation can stop the high rate of youth movement overseas, be it for higher education and seeking for a quality jobs within the nation. In response to all this myriads issues within the country and the need to prepare individual as an entrepreneurial leader for tomorrow. Since entrepreneurs continue to create jobs and the veracity is Nepal has a mammoth dearth of entrepreneurs who can create jobs and continue to generate economy for their purpose. In this article I went even deeper. With national youth unemployment at a near crisis point, I wanted to know what young minds  are thinking and feeling about the future

I then went on to ask about their career aspirations to find out how entrepreneurship fits into their plans. The research conducted  captures the real time views and ambitions of young people in education or actively engaged in the job market. However, the lack of quality jobs within the nation has forced youth to either take up any jobs found within the nation or leave the nation for foreign jobs. This further indicates the need of entrepreneurial activity in rapidly growing educated young population of Nepal. There is much debate today in national market over whether the present generation has the right skills to be an entrepreneurs and most importantly to take risk be the one. Our survey shows that most skilled and talented youth tell us they want to run their own business but lack mentorship and right support system, as further evidence to how grounded our young people’s entrepreneurial aspirations are. They say they have started to explore their ideas or ambitions by researching and talking to others or seeking advice in some ways. However, no matter how much one dream, there is no platform for their voices to be heard. We found leadership challenges lies in each step but more importantly creating new jobs need more entrepreneurial mind set and tenacity for one vision to make it happen. I therefore spot lots of passionate youth but the colossal lack of encouragement and right support system has been detriment towards change and transformation we are looking for.

We can't fix what is not broken, but need to reinvent them. And Nepal seems to be at the stage where it needs more institutions and innovative enterprises to create opportunities for our never stopping population. Opportunities in Nepal have been centralized within capital city where we witness people migrate for better opportunities than any other part of the nation. And therefore the need is not only to decentralize opportunities in other parts of the country but also to fabricate creative enterprises to meet the growing need of employment, tap the local resources and reach the ultimate goal of economic development of our society. There is an enough evidence that Nepali youth at present have myriad of ideas worth investing and ideas that can fetch the change and reform we are desperately looking for. As I talked to more than 500 youth from across the country 32% of them have ideas which has been arrived through experience but not yet implemented. 28% youth aged 18- 25 said they have once implemented their own ideas but failed to execute in the long run hence gave up eventually and 15% of youth reported that they are already running their own business but lack creativity and innovation therefore the future of their business looks not so bright and the rest 25% wanna be entrepreneur but stepped back because of no parental support to risk their life and career.

The above mentioned problems have challenged us to look things slightly differently to view our societal needs, desires, hope and expectation. None of the leaders, thinkers, policy maker tend to think anything about prosperity, opportunity, peace and wealth creation of our community and the nation as a whole. A meager quality of leadership of our nation has challenged each young mind. Education throughout the nation faces unprecedented challenges such as economic, technological, social, managerial, entrepreneurship and leadership. Policy maker everywhere emphasize the urgent need to develop human resources and particular to promote creativity, adaptability and better power of communication there is an intense concern with raising standard in education most importantly in entrepreneurial leadership realm in order to meet the growing need of ever growing population in one hand and in other to be a hub to supply eloquent manager and leaders who can provide the same opportunity for many others to the job market today and in the future.

In an endeavor to bring educational and leadership transformation in Nepal I could perceive the need for unwavering endeavor to put in to fetch young mind into the mainstream for a change. Youth moving out of the nation every year in search of good education and probably for better earning, migration like this in a soaring rate would do further impairment than good in the future and bestow a gloomy sign in the growth of the nation and put in jeopardy for the future creation. The best of the mind departing out of nation, since the country has nothing to proffer to them, therefore it becomes a genuine wish to look for opportunity outside the abode. Hence there is a pressing need for somebody to take initiative in an endeavor to work together with government, social enterprise, private and public sector along with the academia and develop and educate future generation of leader who have a hope and dream to transform. Consequently, halt this migration rate year by year. Therefore, the need to thwart these tribulations and challenge the present generation to be a change of agent to make better place to live, grow and thrive and reach the ultimate goal of prosperity, opportunity, wealth and economic development of the nation with superior entrepreneurial leadership.

The need to regenerate the system of learning and changing the future to dismantle the conventional way of decision making and pretty much challenging the obsession with the academic and learning being theoretical system of pedagogy. Let’s create a history where an idea over a time can take us into the future of leadership, human mankind and give a new shape and size to our youth ideas and dream and today's learning methodology enable them to connect with problems, issues, challenges and possibilities across the surrounding they live and grow. The current problems faced by a nation demands different kinds of education to be facilitated among the extraordinary young minds to bring changes to many others and make a colossal difference around the country.

Author: Mr. Rajesh Bhandari

Program Director: Brixton College, BBA Program, Mahendranagar

President: PVP Nepal Province No. 7, Nepal

Cell: 9805422784

Mail: tfabodoc@gmail.com