Do you have to wait until you’re 30 before you can become your boss? And what does it really mean to be a boss? Is there a difference between a sole proprietor who runs a one man business and an entrepreneur who is responsible for employees? How do you transition from running a solo business to becoming an employer of labour?
Discover the answers to these questions and more in this edition of Re-Imagine tagged, “Becoming Your Boss By 30”.
Panelist: Pastor Adedeji Adeniyi
Listen to (or download) this session below:
Questions Answered In This Session
- From your perspective, who is a boss?
- What was your shift process from being an employee to becoming an employer of labour?
- There’s a conventional thought that after NYSC, the next step is to job hunt. Why do youths want to become employees by default immediately after NYSC?
- Becoming a boss requires a certain mind-set. For undergraduates who want to occupy the position of a boss in future, what mind-set should they possess, even before NYSC?
- Despite being a father and a Pastor, you’ve been able to still grow as an entrepreneur and a boss. How did you do it?
- You’re not a boss until you have employees. At what point can we make the move from self-employment to hiring and managing employees?
- What management skills does an entrepreneur (self-employed) really need to become a boss (employer of labour)?
- Why do a lot of youths and young entrepreneurs stay comfortable as sole proprietors instead of scaling up to employ people?
- The inability to differentiate wants from needs has stopped entrepreneurs from growing to become bosses. For example, a young entrepreneur needs to grow the capital base of his business. But at the same time, he wants to live a good lifestyle, and so uses all his revenue for personal purposes. How can such a person strike a balance?
- The fear of responsibility for others (in this case, employees) has stopped several youths from growing to become bosses. Why? And how can we overcome this fear?