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Young Entrepreneurship

Young Entrepreneurship - islamictribune.org

Written by: Mahnoor Arif

We, as Muslims, believe that rizq/provision is pre-ordained from Allah and is already written for us. But this is also a part of our belief that we need to strive for it. Hence, the struggle of rizq-e-halal from an early age means greater reward throughout one’s life.

Allah (swt) says: “And if Allah were to enlarge the provision for His slaves, they would surely rebel in the earth, but He sends down by measure as He wills. Verily! He is in respect of His slaves, the Well-Aware, the All-Seer (of things that benefit them).” (Ash-Shura, 42:27)

As indicated by the ayah, in order to learn hard work, determination and integrity, it is important that one exerts oneself in some effort otherwise if Allah distributed rizq without any limit, it would not instill the necessary moral values that one needs. And what better than learning it all so early?

There was a time when people would wait for retirement from a job to start a business of their own, and then came the time when people started investing their time in small side hustles along with their degrees going on and now is the time of young entrepreneurship!

Although still a new concept and battling with conventional mindset, our Pakistani setups are still far away from the idea, young people starting from their teenage have been investing their time in blogging, YouTubing, freelancing or starting ventures on their own.

This BBC article features a young teenager who started her own lemonade selling brand when she was merely four. Now that she is thirteen, her business is booming as ever. [1]

Why is it important?

As opposed to earlier system of education, where entrepreneurship was considered to be taught as a subject only in professional degree, the need of today’s world is that individuals learn about the changing conditions of economy as soon as they can. Therefore, it is necessary to introduce it at some level during the early years of education or homeschooling.

“Benefits, such as entrepreneurship training, not only train students but, it helps to prepare them for the new knowledge based economy.”[2]

Some inspiration

With this changing world, comes a whole variety of inspiration that we can take from people around us. This growing internet world has made the flow of information even easier and we get to know that besides Mikaila Ulmer – the lemonade girl, there are many other individuals who are innovating this world in full capacity and they are not even eighteen yet. [3]

Some of the best life-long lessons that these teens have taken from practicing Young Entrepreneurship are:

Value of time

16 year old Noa Mintz, Founder of Nannies by Noa tells that the best advice she got was, ‘Early is on time, on time is late, and late is unacceptable.’

A person who knows the value of time will never be irresponsible regarding any of his/her duties whether professionally or socially.

Teamwork

13-year-old Mikaila says that teamwork is the key ingredient.

“Mikaila says it is all about teamwork. “We’re considered co-CEOs because I make decisions that my parents wouldn’t make, and my parents make decisions that I wouldn’t make,” she says.

Such an approach at this age will educate an individual about several lessons among whom conflict resolution, working with different people of different opinions and decision making are to name a few.

Humility

Working at such a young age makes one really humble as entrepreneurship usually comes with a problem-solving approach. When one gets to work for society, they also get to see the challenges different communities face.

14-year-old Shubham Banerjee, Founder of Braigo Labs, helps the visually impaired. He says that the best advice he has received is, “Be humble,” and “Innovate for the right reasons — money is not one of them.”

Originality

This world needs more creativity and creativity comes from originality. Opening a venture of our own requires a sense of identification, an acceptance of our own self and if one is able to do that, conquering the world becomes easy.

14-year-old Logen Guleff, a food entrepreneur has his own line of spice blends and seasonings called ‘Logan’s Rub’. He says that the best advice he received was from Gordon Ramsay, saying ‘Find your own standard of excellence and stick to it!’

The sense of achievement that comes with earning money with our own efforts is unmatched and is considered to be the best source of earning.

The Prophet (saw) said: “No one has ever eaten any food that is better than eating what his hands have earned. And indeed Dawood, the Prophet of Allah, would eat from the earnings of his hands.” (Bukhari)


[1] BBC News: The 13-year-old who built a best-selling lemonade brand

[2] FOSTERING ENTREPRENEURSHIP AND BUILDING ENTREPRENEURIAL SELF-EFFICACY IN PRIMARY AND SECONDARY EDUCATION Nareatha L. Studdard, Maurice Dawson, Naporshia L. Jackson https://doi.org/10.2478/v10212-011-0033-1

[3] Fortune: 18 under 18: Meet the Young Innovators Who Are Changing the World: https://fortune.com/2016/09/15/18-entrepreneurs-under-18-teen-business/

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