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Entrepreneurship
    Entrepreneurship
            MENTORSHIP AND YOUNG


                            ENTREPRENEURS









           Dear readers,                                             enterprise, but also, a network of women who
                                                                     are like her family. Ifrah has provided food and
           I have had the immense pleasure of being a mentor         supplies  to  these  underserviced  areas  during
           and business coach to Anzisha Fellows both in a part-     the  COVID-19  outbreak.    You  can  learn  more
           time and full-time capacity since 2016.  Here are some    about Ifrah here:
           things I would like to share with you:                    https://twitter.com/SuperMom_KE
                                                                     https://www.youtube.com/
                                                                     watch?v=mLSFkCkj7dU&feature=youtu.be
           1       Entrepreneurship is a lonely journey

                   From the offset, I have to tell you that your   4   Don’t be Afraid to Take a Risk and be Fearless
                   choice to be an entrepreneur is going to be
                   lonely.  It  is  going  to  make  you  want  to  pull   If you are in your twenties and pretty clever (you
                   your hair out some days.  The challenges are      are  reading  this  publication  so  you  must  be),
                   going to be immense so my advice to you is to     you have time to take risks and chase dreams.
                   find yourself a good support network of other     You  may  regret  the  decisions  you  take  or  the
                   young entrepreneurs.  Find a programme to         perception of failure. But imagine the regret if
                   support you, either in your country, real time    you didn’t even try to take a risk in the first place.
                   or virtually, and with others who are travelling   Remember,  if  you  are  going  to  do  something
                   this road. You are not alone, even if some days   do it right and do it as if it is the only thing that
                   feel lonely. Here are some resources of events     matters in the world.
                   https://www.andeglobal.org/events
                   https://www.startupgrind.com/
                                                             5       Time
           2       Money, a Love-Hate Relationship                   There  is  one  thing  we  are  never  getting  back
                                                                     in life; time. Be careful how you spend it! Make
                   Money  is  an  enabler  to  your  business        sure to extend your energy onto the right things.
                   and  your  livelihood.    Respect  it  and  it  will   You  can  manage  your  energy  levels,  which  is
                   respect you.  That being said, it is important    more  important  than  time  often.    BUT,  invest
                   for  entrepreneurs  to  be  sure  to  separate    sufficient  time  in  your  business  to  make  sure
                   their  business  and  personal  expenses  once    that you are on the right path. Don’t forget to be
                   they  start  making  a  profit.  Good  money      selfish with your energy as your business grows
                   management  will  stand  you  in  good  stead.    and flourishes. Your ability to sustain high levels
                   This  is  of  particular  importance  if  you  are   of energy and invest the right amount of time
                   planning  to  grow  your  business  at  any       will be critical.
                   stage. You will need to prove to any funder
                   that  you  are  able  to  manage  your  finances   6.   Surround yourself with  Good People  and a
                   appropriately, and that even if your business     Great Team
                   is a loss-making entity at first, you have the
                   records  to  prove  you  have  kept  financial
                   statements. Don’t be afraid to spend money        Don’t  be  afraid  to  admit  you  don’t  know
                   on growing your business.                         everything  when  you  hire  a  team.  Therefore,
                                                                     ensure  you’re  surrounded  by  really  smart
                                                                     people.  On  the  days  that  you  are  not  around
           3        Start a Business YOU Really Care About           and  your  investor  calls,  you  want  him/her  to
                                                                     know that you have people who are as skilled
                   There is nothing as soul crushing as spending     and passionate about the business as you are.
                   your  time  on  something  that  is  not  your    Remember,  skills  can  be  trained  but  passion
                   passion. In my time as a mentor, I have had       and dedication cannot.
                   the  immense  pleasure  of  getting  to  know
                   Ifrah  Arab  whom  I  have  mentored  since   Good  people  include  a  mentor  –  sometimes  you  can
                   2016.  Ifrah provides commodities to women   identify someone and ask them for mentorship but often,
                   in Garissa, Kenya. She creates entrepreneurs   really busy people won’t have time to mentor you. Do not
                   in a society that does not encourage women   take  this  personally;  at  the  right  time,  the  right  person
                   to  flourish.  The  commodities  she  supplies   will come into your life and give you advice that is lasting
                   are basic food supplies to these women, who   and accurate. This may be a short interaction or it may be
                   then  re-distribute  them  to  other  women  in   a lifelong relationship. Whichever it is, simply make the
                   their  network.  Through  the  empowerment   most of that relationship.
                   of women, Ifrah has built a sustainable social





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