role of youth in building the economy

Young people play an important role in building the economy. This is due to the fact that they are eager to take up various activities even more than adults because at this age, their bodies are still growing and becoming wiser. They are constantly trying out new things and learning on what they did not know at first. It has been said that “those who learn together stay together” and it is true to a certain extent. Because youth have great power of influence, when there are opportunities for them to showcase their talents, this will attract more people to join the workforce. However, only qualified young people can achieve such success. Today’s youths should think about how to manage the resources that they have so that the country will progress in the right direction. Although the youths are still young, but their work ethics are just getting into place. So, let us see some ways by which the youths can build the economy with online jobs.

Youth as Marketers

Young people can also use their social media platforms to promote events, products and services. By using social media as their marketing tool, they can create awareness about their brand, raise brand awareness, educate people and increase sales. For instance, Facebook is one such platform where youths have started creating ads for their businesses and brands that could be relevant to their market. On Instagram, teenagers can use hashtags to make their videos popular through likes, comments, shares and reactions. A lot of influencers use it to share their content and grow their fan base by exposing their talent in various niches. Other brands and enterprises can reach out to the audience that is on a specific topic. We can utilize social media platforms to grow our brand, especially if we do not have enough cash to invest in advertisements in newspapers, television or magazines. All we need is time and money to put effort, and once the message reaches the target group, all the hard work of promotion will be done by posting the ad and making sure that it resonates with the customers. If the customer finds it interesting online, they often keep visiting the page to read more about products and services or services. Nowadays, almost everyone uses social media websites. Using these sites, people can engage with each other like never before. But only if we have the right idea and strategy in mind. The main aim is to post something that matters to you and keep engaging online with people who can relate and support.

Youths as Entrepreneurs

Today’s youth are taking advantage of their potential and seeking ways to make their own money. For many years, entrepreneurship has been discouraged and frowned upon by adults. Only recently, millennials, generation Y and Generation Z are embracing entrepreneurship more. Nowadays the majority of large corporations and government organizations are looking towards entrepreneurs to establish their presence locally and globally. However, the question is why now? Why is it that some individuals are choosing entrepreneurship as a profession and not a life style? Is it possible that the global pandemic has made it harder for younger generations to leave their homes and move to places where there is greater competition and innovation? Maybe it’s the lack of confidence in entering the workplace and fearing failure? Or maybe they just hate the thought of venturing out into unknown places but they have not had any good experiences because of the COVID crisis; they do believe they can accomplish more by staying within their safe zones. However, the truth is that entrepreneurs have already achieved so much of what they want. They have successfully established multiple startup companies and grown revenue exponentially over time. According to PwC Asia, a consultancy firm, the top ten global 100 companies made $3.28 trillion last year. That’s a huge figure that doesn’t match the previous record made by U.S. companies of $2.5 trillion only seven years ago in 2018. The reason behind the explosive rise in these companies is that globalization and expansion is bringing changes that were never expected and thus, the big giants of industries are finding it difficult to adjust and compete with small players. Just because someone wants to be an entrepreneur does not mean that they have to go into debt and struggle to overcome these hurdles.