Dangerous wrong with our young guns.

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Avatar for Amjad_Ali_Waince
1 year ago

25-10-2022

Most of the third world countries has lot of common problems and issues where we are lacking. Although we are far away in technology, education and skills but same time we have lot of other factors as mental level, thinking and low futuristic approach.

I read many successful stories of people especially from new generation and I found that our youth has lot of dangerous trends and expectations. Most of us is in hurry and looking some quick & short way to be rich.

I found three major causes where our young guns falling wrong , get hurdles and not getting right trigger to push themselves into main streams.

Trust of elders.

The big factor of our society is trust of elders. Most of our elders ( parents, elder brothers) not have trust on their youth guns ( boys and girls) . So they always hesitate to give any amount in the hands of them to do investment/ business/ venture. They always thought them "kids" and not allowed them to be in self finance position.

The" fear of lose" sitting in minds also not gives free hand to them. They always think that if we give amount to our kids they are still not mature and don't know about any thing. This mentality keeping our youth away from ventures and business in early age. We reached on 25-35 when our parents started doing trust on us to do something. Till that age in other countries youth becomes millionaire.

Big dreams.

Our youth mainly thinks about big adventure/ high investment/ huge opportunity/ dreamy lucky pot / lottery etc. They wait and wait more time in such opportunity. If someone advice them to get start from low capital or from low level, they instantly refuse.

Personally I know lot of people who didn't start any small level business in hope of big opportunity and they cruised down in Covid19 time badly. Dreaming bigger is not a fault but not starting from zero is fault.

One basket.

Most of us starts any venture by copying others which is not a good idea. If a person starts a coffee shop and getting good earning then within no time lot of people will jump in the business. It is wrong race by our youth.

Also they never think on multiple channels of income. They put all the eggs in one basket and wait for a golden chick. I know some of my circle who invest money in Crypto in bigning of the year in hope of golden chick but unfortunately they loose even own capital.

We know the horrible stories of Crypto market and every day new scams hitting the deck but still our young guns investing in Crypto as major business. I am not against this investment or business but as experts say that we should not invest in Crypto more then 5-10% of our capital which we can afford to loose.

Working on single basket investment program cannot guarantee of success. But if we explore multiple way of income which can save us in any blunders. One basket idea may work good but not every time it is good to do . Passive income sources like rentals, online work , tution, side hustle like cooking, gardening and mapping are been proved good sources to rely on.

Thanks for being here to read my thoughts and opinions on the topic. I will be thankful to you if put your opinion in comments. Like , upvote and subscribe my account if you feel free.

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Avatar for Amjad_Ali_Waince
1 year ago

Comments

We should give time to our young generation. I don't think when our youth had skills in a business then we should hesitate for investment. It all depends on our elders approach also, sometimes they are wrong in many decisions.

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1 year ago

Our elders should do trust on youth and yes keep monitoring for guidance.

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1 year ago

I agree with your opinion, you are absolutely right and this is what is going on in tomorrow's generation and there are many people who achieve a lot by working hard, they don't see what work is small or big.They just have a desire to show off by doing something and there are some people who have a lot to do but don't want to do it. Ameen

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1 year ago

Busy schedule keep me away from responding. Appreciate your words here .

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1 year ago

No problem sir, mostly we get motivation from your article.

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1 year ago

Your observations are correct. The first one which is "trust of elders" is relatively a big issue here in my country. Some parents lost trust on their children especially the male child maybe because they did something bad in the past. Your child belongs to you and you alone therefore playing your roles no matter how difficult the situation is will always yield a positive result at the end. Some later regret saying ''had they known". That seed must be planted if we want to eat that fruit. Thank y

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1 year ago

First of all I apologize for late response. Yes I agreed that our youth faced such problems in society and it should be quick solution to grab the opportunity in time.

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1 year ago

This is really a great article with information, this really concern our generation, because it is going on presently...nice topic

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1 year ago

Thanks NanV for commenting.

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1 year ago

Golden words you have shared. One of the best writings. I have bookmarked it. Honestly that's true, most of elders while thinking their children as kid can't do anything, however the can do lots of good things. Another thing that's correct thinking big is not a problem the problem is not starting from beginning

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1 year ago

We can motivate our elders but can't modify. So lack of trust n youth creating miss opportunity.

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1 year ago

Yes it is very much correct.

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1 year ago

Young generation has potential to earn and be rich in a very fast way as compared to their parents and elders. But at the same time, fast methods of getting rich are dangerous, they have a lot of risks, so our elders who aren't aware of today's world, they don't trust on their kids. For example our elders don't know exactly about Cryptocurency that's the reason they don't want their children to invest in q things which don't have anything understandable (for them). But we know about how to trade, where to invest, what to do, how much time is required in term of patience when market is bearish..

And putting all of your eggs in one basket is also dangerous... You highlighted everything in good manner, hats off foe you, dear amjad Ali...

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1 year ago

Exactly true analysis! Thanks Rashid for putting your opinion.

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1 year ago