Entrepreneurship (AS)·Idea generation — recognising opportunities · NSSCAS 2.1a
Youth enterprises & evaluating feasibility and viability
Narrated lesson · press play
Young Namibians under 35 are starting real businesses every day — but which ideas are actually worth chasing? In this AS lesson Miss Maria shows you what a youth enterprise is, the opportunities open to you in Namibia, and the powerful evaluation tool of feasibility (can you do it?) versus viability (should you do it?). You'll then judge a real Namibian youth venture against every factor and reach a justified recommendation.
What you'll learn in this lesson
By the end you should be able to (NSSCAS Entrepreneurship (AS) 2.1a):
- be aware of the opportunities for youth enterprises in Namibia
- define youth enterprises
- investigate a youth enterprise from a different African country
- understand the principles used to evaluate the feasibility and viability of a youth enterprise
- evaluate the feasibility (can you do it?) and viability (should you do it?) for Namibia of a youth enterprise using the principles: feasibility (availability of funds/labour/raw materials, skills set); viability (demand/market size, competition, seasonality)
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Miss Maria and Mike talk through the whole topic — with the figure and working drawn live.