Global Entrepreneurship Profile picture
Jul 4, 2018 11 tweets 7 min read Read on X
Let's discuss yesterday's polls and begin our discussion on youth entrepreneurship with #GEMChats

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In a summary report of an OECD and the European
Commission seminar in 2014 , two things were key points:

1. #unemployment was at 10.9% in 2013 and double for #youth : 23.4%

2. 45% of youth prefer self-employment to
#employment, whereas 37% of adults prefer self-employment.
In Malaysia, MIDF reports find youth unemployment to be high - hitting a record 10.8% last year, attributed to a skills mismatch.

This is a significant 40.5% of total unemployment in #Malaysia.

So what can be done?
Entrepreneurship can be the answer to help alleviate #youthunemployment!

Some of Malaysia's biggest names in the start-up and rising businesses are founded and run by youths!
One of the bigger disruptors of the logistics is @NadhirAshafiq , who was voted as part of @Forbes Asia 30 under 30 in 2017! Nadhir runs TheLorry @thelorrydotcom, a platform to hire lorries in a transparent and streamlined manner.

To read more on Nadhir:
gem-magazine.com/changing-the-s…
In the local cosmetic scene, Velvet Vanity has been bringing in lipsticks that are inclusive in nature to all skin tones. Adlina Nadhirah, the founder, is a #youth #entrepreneur and aspires to see Velvet Vanity on Sephora shelves in 5 years time!

gem-magazine.com/all-shades-for…
#Youths also breathe in a fresh breath of air into how #entrepreneurship impacts society. @Skolafund by @tahmadsyamil is a social #enterprise platform changing the lives of thousands of students seeking crowdfunded educational support.

Read more: gem-magazine.com/driving-impact…
Helping #refugees find financial means to ease their lives in #Malaysia, The Picha Project is a local social enterprise by three young female entrepreneurs who provide a unique catering service cooked by refugees from various countries!

Find out more: gem-magazine.com/the-picha-proj…
Most youths experience trepidation over such a risky move by jumping into entrepreneurship. While it is normal, they should consider #entrepreneurship as a means of changing their lives should youth unemployment persist to be an issue.

If these founders can do it, so can you!
This week at efm.live, we are hosting live shows on youth entrepreneurs every AM and PM! You can check out our live shows from 7.30am to 10am and 5.30pm to 8pm!

Catch our older podcasts at efm.live/episodes/ep9-u…
Keep an eye out on our live shows for tomorrow and on Friday 😉😉😉

We'll be talking to two upcoming local start-ups in the field of beauty and healthcare!

Only on efm.live (7.30am to 10.00am and 5.30pm to 8pm)

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More from @entreprenenture

Sep 28, 2018
Hello, everyone! Let's start our #thread on #child #entrepreneurs, both in #Malaysia and abroad.

We'll talk about the success stories as well as how to foster their development 😊 Let's go! Feel free to add on to the thread with your own opinion and sharing.
Latest in Malaysia is the story of Ferris. Ferris merupakan usahawan cilik yang terpengaruh secara positif dengan siri Upin dan Ipin! It's good to see how entrepreneurship in an animated series can piqued children and their interest in entrepreneurship!

If you ask if there are more of such stories in #Malaysia, there are!

11 y.o Elisa Ahmad Sayuti and her friends got inspired by both their participation in Kelab Usahawan Cilik as well as seeing their parents who are also #entrepreneurs!

sinarharian.com.my/gps-bestari/us…
Read 11 tweets
Sep 21, 2018
#Tech in #Farming has been changing the world since the invention of the wheel millenniums ago. Since then, all new innovations either make crops easier to #harvest, more bountiful shorter farming time and more resilient and healthier crops.

Want to know what #tech is hot now?
#Hydroponics has been a thing for a while now while #urbanfarming is still a growing idea. Among #tech that are being used in #farming are drones, #IoT and use of data analytics to ensure the precise farming.

While some may not be tangible but they result to exponential results!
Read 10 tweets
Sep 14, 2018
Let's discuss this thread for our #GlobalEChats!

So what do you make of the wave of #ecommerce these days? Come delve into the ins and outs of it with us!
So #Entrepreneurs out there, what is ecommerce?

It just refers to electronic transactions done in the name of #sale and #purchase.

In simpler terms, you buy and sell things online with the #internet! That's it!
But to whom and from whom can these #transactions take place between? Surprisingly, it's not just between #business (B) and #Customers (C)!

It can take place between:
1. B2B
2. B2C
3. C2C (or P2P)
4. C2B
Read 11 tweets
Sep 6, 2018
Let's start our #GlobalEChats on #music!

Among our #discussion topics: 1. #Stakeholders in music and what happens to them? 2. #Production of music 3. #Consumption of music 4. New #technology out there!
Firstly, let's talk about how scary #technology and #advancement can be to #music.

Some stats:
The US lost $12.5 billion a year in total sales due to pirated music.

71k jobs were lost; $2.7bn in annual earnings; $1.1bn of that would have been earned by the industry.
Source:

sheffieldav.com/education/how-…

But as with any #tech #disruption, there are always negative externalities.

In the #music industry, most of the bad press came from #piracy. Sites like Napster and P2P torrenting were rampant back in the day.
Read 12 tweets
Aug 30, 2018
Fellow #Entrepreneurs, let's begin our #GlobalEChats on #healthcare and #technology!

RT and follow us to keep updated on our weekly topics as well to interact with only the latest of #startup news.
So 79% of you believe that in spite of exponential #technology advancement, humans are irreplaceable in healthcare and will continue to be its frontliners.

Let's also discuss #AI and #robots in healthcare 😁
But first, how has #tech change the face of #healthcare. Let's take a trip down memory lane!

Some of the #robotics you see in healthcare today range from the electronic thermometer to crucial #life support.
Read 9 tweets
Aug 17, 2018
Let's start our #GEMChats this week. The topic of this week is #student #entrepreneurship!

We'll discuss these three factors in the poll options below as well as replies to the poll 🧐🧐🧐 Let's take this forward!
#Students? And #entrepreneurship? Is that even a good combination?

Especially when you read that the famous student entrepreneurs like Bill Gates and Mark Zuckerberg are all dropouts!!!

Can students not only run a #business while studying but also be #successful at it?
Taking a different perspective at this is that while these billionaires are college dropouts, the #idea for the #business all came about when they were in #college! As a young #student, your ideas have a chance at being fresh and can be developed through stringent planning!
Read 12 tweets

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