BY KENNETH EZE
9mobile used the occasion of the International Youth Day celebration to restate support for youth entrepreneurship and innovation. The youth-centric telecom services provider urged Nigerian youths to take advantage of the incredible opportunities that technology offer to optimize their businesses and professional endeavors.
The firm made the statement during a virtual session, titled “Driving Youth Innovation in Business through Technology”, which it put together to mark the 2021 IYD.
The session was facilitated on Instagramlive by popular business coach, Tricia Olufemi-Olumide (Tricia Biz) and social entrepreneur, Olusola Amusan, and attracted several young participants who joined-in to learn more on how to leverage technology and innovation to drive business efficiency.
On innovation, Tricia Biz noted that it doesn’t necessarily mean inventing something new or that has never been done before, but simply about improvement.
She said, “It is improving your current business to achieve your goals and objectives, grow your income, reach more people and impact more people.”
On business model and process innovation, Tricia encouraged businesses to consider and explore the subscription-based market model which has tripled in recent times. “There is no better way to grow your business than to take advantage of the subscription market to get your product on repeat order. The subscription market has grown tremendously especially with Covid-19. Just finding an innovative way to make your existing customers to become paying subscribers can make that difference in your numbers,” she added.
On his part, Olusola Amusan noted that with digitalisation and globalisation, the economic impact of technology and innovation would be compelling and huge for the youths and entrepreneurs. He said, “As a business owner you must constantly familiarise yourself with emerging technologies to stay relevant with time. In addition, you must then educate your team to achieve better workplace collaboration.”
On the purpose of the session, the Executive Director, Regulatory and Corporate Affairs, 9mobile, Abdulrahman Ado, noted that the discussions tied into the global theme for this year’s international youth day celebration, “Transforming Food Systems: Youth Innovation for Human and Planetary Health,” which highlighted the very strategic and important roles youths could play in the general context of the global economy for growth and sustainability.
“There is a remarkable increase in the number of young entrepreneurs springing up on a daily basis in the business space. This for us is a welcome development and must be encouraged with all the necessary infrastructure needed technologically speaking. Youths must therefore not hesitate to embrace innovative technology for their respective businesses to succeed,” Ado stated.
The IYD is celebrated annually on 12th August to highlight youth-impacting issues to the international community and to celebrate the potentials of young people as active partners in the global
society.
