The world we live in today has been through thousands of years of evolution, and so has mankind. Like many things, we have missed learning an essential aspect of human behaviour – minding our own business. For no rhyme or reason, we love to find out what’s happening in other people’s lives and derive some sort of pleasure from it.
There can be positive or negative reasons why people like to interfere in other people’s lives. Sometimes they want to help. Some people may see themselves as helpful or supportive, and they may genuinely believe they are doing someone a favour by offering advice or trying to solve their problems. This is because they want to feel needed or essential. Some people may get a sense of satisfaction or fulfilment from being able to help others, and they may think that they are more needed or important if they can offer assistance.
Continue reading “The Business of Minding Our Own Business, Explained”
India is the third largest start-up base in the world and has an excellent market for various products. This article lists the 100 best businesses to start in India in 2022.
Continue reading “100 Best Businesses to Start in India in 2022”
“The ‘financial framework’ is the term for the policies, procedures, regulations and standing orders we use to make sure we’re taking proper care of public money.” – Powys County Council
Similar to a business, it is imperative to establish a robust financial framework for an NGO. A financial framework provides an organised system that guides and supports the financial operations and structure of the organisation. It includes internal financial control mechanisms to prevent financial mismanagement such as misuse or theft of funds and assets, non-compliance of an organisation or government policies and regulations, and inaccurate financial reporting. NGOs also face several problems, including inadequate resources, lack of capacity building, lack of performance measurement instruments, and inefficient management. Setting up a proper financial framework will help resolve some, if not all, of them.
Continue reading “The One Thing All Successful NGOs Have in Common: A Robust Financial Framework”
Anne Frank once wrote, “No one has ever become poor by giving”. But to give, you need to have. Every organisation needs funding to operate. Like any organisation, NGOs need money to cover their costs- capital costs, operation costs, overhead costs, staff costs, etc. NGOs, in particular, depend primarily on grants and donations for survival.
What happens when the organisation runs out of money? Donations are made at random, and grants are often subjected to conditions. With a limited budget and uncertain cash inflow, NGOs often have to curtail their spending at the cost of quantity and quality of their work. Under these circumstances, NGOs find it difficult to plan for the long term and ensure the longevity of their humanitarian programmes. Preemptively, NGOs should develop a stable funding source and steadily achieve autonomy from donor funds and grants.
Continue reading “Tricks on How NGOs Can Survive Without Funding”
A unanimous approach can eliminate the two factors hindering the growth and development of entrepreneurship in the world.
There will always be challenges in any entrepreneurial activity since entrepreneurship at its core is meant to address the pressing and hard-to-resolve issues of the market. However, some markets are known to have inherent challenges that come in the way of aspiring entrepreneurs even before they can dream of building a successful startup. It is often hard to overcome such limitations, but not impossible. The two factors mentioned below explore the intrinsic issues faced by aspiring entrepreneurs and their implications on the development of entrepreneurship in the country.
Continue reading “Environmental Factors Preventing Aspiring Entrepreneurs From Becoming One”
Today, we celebrate the World Entrepreneurship Day. Globally, entrepreneurship is holding stronger roots in the mindsets of people. According to the Global Entrepreneurship Monitor Report 2020-21, in 32 out of 43 economies, more than half of the respondents intended to open a new business despite the pandemic.
The growth of entrepreneurship worldwide appears as a golden time for importing countries to try and turn the tables or become self-reliant. Mauritius is one such country, and this article highlights the three main factors that prevent Mauritians from reaping the long-term benefits of entrepreneurship.
Continue reading “3 Factors Preventing Mauritians From Becoming Entrepreneurs: World Entrepreneurs Day”
Today is observed as International Youth Day. Elaborating on the significance of the youth in determining the future of society, this article explores the entrepreneurial pursuits of young Mauritians.
Every year, the International Youth Day is based on a theme. This year’s theme is “Transforming Food Systems: Youth Innovation for Human and Planetary Health”. I picked a specific aspect of them: how the youths work to sustain human and planetary health innovation. The UN’s website states, “Through youth education, engagement, innovation, and entrepreneurial solutions, this year’s International Youth Day aims to provide a platform for young people to continue the momentum from the ECOSOC Youth Forum in the lead up to the high-level Food Systems Summit.” Since the pandemic has hit the world, food systems and all economic and social aspects have faced slack.
Continue reading “International Youth Day 2021: Why Most Mauritian Youths Are Plumping On Online Businesses”
The second World Food Safety Day (WFSD) will be celebrated on 7 June 2020 to draw attention and inspire action to help prevent, detect and manage foodborne risks, contributing to food security, human health, economic prosperity, agriculture, market access, tourism and sustainable development.
Following the success of the first celebration in 2019, this year again WFSD reinforces the call to strengthen commitment to scale up food safety made by the Addis Ababa Conference and the Geneva Forum in 2019 under the umbrella of “The Future of Food Safety”. WHO, in collaboration with the Food and Agriculture Organization of the United Nations (FAO) is pleased to facilitate Member States efforts to celebrate the World Food Safety Day.
Continue reading “5 June: World Food Safety Day 2020 celebrated in Mauritius”
On Wednesday, 9 October 2019, the YUVA Academy conducted a 4-hour session on Corporate Leadership with 19 staff members of the Indian Oil Mauritius Limited (IOML).
IOML was incorporated in Mauritius in 2001 and began physical operation in 2004. IOML has, over the years, positioned itself as the leading supplier of Jet Fuel in Mauritius. Within a short time, it has become the most preferred aviation fuel supplier in Mauritius, servicing nearly two-thirds of the total aviation fuel supplies in Mauritius. The company caters to the supply of fuel for all major International and Domestic Airlines in Mauritius.
Continue reading “YUVA conducts Corporate Leadership Programme with Indian Oil Mauritius staff”
The cohort 5 of the Certificate in Leadership for Social Change programme started on Saturday, 6 July 2019. The YUVA Academy’s School of Leadership and Development welcomed 18 aspiring leaders, including NGO representatives from various parts of the island. The Certificate in Leadership for Social Change programme is delivered by YUVA Executive Director, Krishna Athal.
This course teaches you critical concepts to help you better understand, operate, and thrive in leadership roles. We challenge you to apply learning using a realistic simulation, based on real-world leadership experiences. We aim to develop your leadership knowledge to become an effective leader in order to foster social change through leadership development. Using interactive activities, including reflexive journals, you develop your own understandings of what constitutes good leadership and how to apply this knowledge in real-life situations.
Continue reading “Cohort 5 of YUVA’s Leadership Programme joined by 18 Aspiring Leaders”
The cohort 5 of the Certificate in The Entrepreneurial Mindset programme started on Saturday, 6 July 2019. The YUVA Academy welcomed 16 aspiring entrepreneurs, including NGO representatives from various parts of the island. The Certificate in The Entrepreneurial Mindset programme is delivered by YUVA’s Programme Coordinator, Adiilah Mohorun.
Uncover the secrets of thinking like an entrepreneur to create value for stakeholders and society across a variety of business settings. What does it really mean to think entrepreneurially? The entrepreneurial process isn’t only for start-ups, it’s a comprehensive mindset that will teach you to identify, assess, shape, and act on opportunities in a variety of contexts, settings and organisations. The ability to ‘think like an entrepreneur’ and ‘act like an innovator’ are critical skills for success across industries and are proven tools to help distinguish you in the workplace and to accelerate your career.
Continue reading “Cohort 5 of YUVA’s Entrepreneurship Programme joined by 16 Aspiring Entrepreneurs”
As austerity measures deepen, are big businesses unwittingly contributing to social injustice? If so, who will fill the gap they are leaving?
Recent political and financial events have seen businesses retrench, dig in and attempt to ride out the storm. To many, this suggests that the corporate world is being indifferent to its social responsibility. Community projects are being curtailed and cash donations to charities drying up. The impact can only be detrimental. Continue reading “Why We Are Converting YLA Into a Social Enterprise”
YUVA has been informed that the National Computer Board (NCB) is still accepting Registration for the ICT Innovative Business IDEA Competition 2017/2018 for University students. Continue reading “Registration for the ICT Innovative Business IDEA Competition 2017/2018”
The E-Inclusion Foundation and the National Productivity and Competitiveness Council (NPCC) have the pleasure to invite young unemployed graduates to the “Entrepreneurship Training – Build Your Business” course, sponsored by Microsoft Indian Ocean Islands and French Pacific.
The course is provided free of charge and will be conducted by means of face-to-face interactive sessions with a 14-module curriculum including:
- Assessing your skills and interests
- Identifying business opportunities through market research
- Creating a business model/plan
- Budgeting and financial management
- Accessing finance
- Managing your business— marketing, product costing, and pricing
- Hiring and developing a workforce
- Growing your business
- Developing a contingency plan
Level 3, The Catalyst, Silicon Avenue, Ebène Cybercity
Tuesday 10 to Friday 13 November 2015
Tuesday 17 to Thursday 19 November 2015
Tuesday 24 to Thursday 26 November 2015
All sessions are scheduled from 09H30 to 16H00.
All course materials will be provided online to be studied prior to attending the course.
Interested participants are invited to register online at http://1drv.ms/1FU95lT