Entrepreneurs require businesses, but the many Challenges of Entrepreneurial Education In Kenya makes it difficult for them to get effective skills. Entrepreneurship training is conducted by the government and the private sector with the aim of improving the performance of businesses in the country. Lack of managerial skills and business knowledge is one of the problems facing the Kenyan entrepreneurship. On top of that, the modern business environment requires new techniques of doing business in order to survive in the competitive market. Therefore, it is important if the entrepreneurship training is supported and the Challenges of Entrepreneurial Education In Kenya controlled for the sake of the SMEs. Business Training in Kenya has more articles.
Challenges of Entrepreneurial Education In Kenya: Reasons For the Entrepreneurship Training
Despite the many Challenges of Entrepreneurial Education In Kenya, entrepreneurship training remain to be a crucial act in the business world. Many businesses are faced with problems that’s requires enough business training and the knowledge about the modern market.
Technological advancement is on progress every single day. The technology is very important for the business competitive advantage. Because of the changing technology, business people need the entrepreneurship training to help them apply technology in their businesses. Despite that, globalization is a modern factor that brings the world businesses together. The training will equip the entrepreneur with global market knowledge.
Many business people have entrepreneurial skills, but they lack managerial skills that help them make effective business decisions. For example, you might know how to attract customers, but you don’t know if it is to cut prices or offer promotional gifts to make them remain loyal to the business. There are many decisions to be made in a business and some of them may affect the profitability of the operation of your enterprise. But with the entrepreneurship training, you are able to decide what is good for your business.
Common Challenges of Entrepreneurial Education In Kenya
One of the Challenges of Entrepreneurial Education In Kenya is the time factor. Many business people are the only one who operates their business. For example, in a small kiosk the owner is the one who sells. Therefore, it becomes difficult for the business people to close down their business in order to attend the business training.
The other common problem is the content of the business training. The knowledge given is general and does not touch on the special field of entrepreneurship. Additionally, the training is more theoretical than practical which makes it hard to apply.
Most of the entrepreneurship training is charged highly. For instance two day training can cause ten thousand, which is not affordable by small businesses. Lack of successful entrepreneurs or role models to motivate the trainers make them see things as impossible. Lastly, the mind of Kenyan people that the government is supposed to provide everything has really killed the potential of many entrepreneurs.
Solutions to Challenges of Entrepreneurial Education In Kenya
If war against the Challenges of Entrepreneurial Education In Kenya is declared, then business training will be absorbed by many entrepreneurs. This will help them operate their businesses successfully and profitably. Some of the solution to Challenges of Entrepreneurial Education In Kenya are;
- Business people should be informed of the importance of the business training to their enterprises
- The entrepreneurial training should be made free or cheap for all to afford
- Relevant and specific education that addresses the problem organization are facing should be provided
- The training should include both theory and practical application
- The training should be taken in all parts of the country including the rural areas.
Conclusion in Challenges of Entrepreneurial Education In Kenya
Research has proved that Challenges of Entrepreneurial Education In Kenya are the reason why many entrepreneurs lack of business information and skills. There are many problems facing the entrepreneurship training such as lack of money to pay for the course. But the entrepreneurship training can be made successful if we get solutions for the Challenges of Entrepreneurial Education In Kenya.