Review on Entrepreneur First by Olugbenga Ajayi
Entrepreneur First is a good starting point for the youth with great business idea
Entrepreneur first is a startup development program that gives high emphasis on team work and seriousness. The possibility that an applicant will successfully scale the application process depends highly on the individual ability and his mindset. For instance writing an application alone will take closr to 2 hours. This is immediately followed by 30 minutes or more interview that will drill the individual to check his readiness for the tasks ahead.
Programmes like this is really welcomed because it provides a better alternative to the certificate oriented world in which people only go to school hoping to get a good job when they graduate. With Entrepreneur first, emphasis is given to ability to nurture and implement business idea and become an employer of labour, even at young age.
The prigramme offer all successful applucant equal opportunity to discover themselves and their abilities and position them in an environment where entrepreneur-like minds can be found.
Pros
- Individuals and teams are given equal opportunity to meet like minds in business development
- There is opportunity to imorove knowledge and fine tune ones business idea as one relates with others
- It reduces unnecessary need to bear the stress of starting up a business alone
- There is easy access to fund and good mentorship
Cons
- A percentage of equity is required
- The application process is rigorous
- Individual with my way is the best attitude will find it difficult to cope since team work is key
