The rate of unemployment amongst well-educated youth in this country is truly mind-boggling. Often, entrepreneurship and self-employment are bandied around as solutions to this monumental crisis. Bill Gates, Mark Zuckerberg and Steve Jobs are used as examples of how a college degree is not necessary and entrepreneurship is the way to financial success. You are more likely to fail than succeed when you venture into entrepreneurship. A staggering number of young people in this country have tried their hand in entrepreneurship and failed — some due to lack of adequate capital, poor infrastructure and forces in the market beyond their control.

Source: Daily Nation October 22, 2019 21:11 UTC