Loading...
Answers
MenuHas anyone made a search on why Ghanaian youth are not into Agriculture?
This question has no further details.
Answers
Ghanaian youth are not into agriculture due to perceptions of the sector as low-income and lacking opportunities for personal growth. Modernization challenges, limited access to finance, and unclear land tenure systems further discourage their involvement. Additionally, migration to urban areas for perceived better job prospects and the lack of practical agricultural training in the education system contribute to the disinterest in farming among Ghanaian youth .
The lack of interest among Ghanaian youth in agriculture is a complex issue that requires a comprehensive exploration of underlying factor.
Many Ghanaian youth perceive agriculture as unattractive, physically demanding, and financially unrewarding. Research suggests that the negative image associated with agriculture discourages young people from considering it as a viable career option.
Related Questions
-
Do venture firms invest in startup digital / creative agencies focused on campaign performance?
Find the right investor interested in this area and the answer is yes. investors come from many walks of life and are interested in things just like everyone else. Find wealthy individuals who are open to investing and find your area of business interesting and ideally understand it and could help with it as well.HV
-
What's the best way to share revenue projections with potential investors when market size is tough to calculate?
I took a quick look at 500px who reported 1.5-million users in 2012 (source: Techcrunch http://techcrunch.com/2012/11/28/gorgeous-photos-in-your-pocket-500px-arrives-on-iphone/) with 10% as professional photographers. The article also mentions monthly growth of ~100,000 users. If your targeting the same market as 500px, use their reported numbers to back-up your assumptions. I'm sure there are other services who target the same user community - I'd spend some time collecting this type of data. Is your service designed only for professionals, or would you see a semi-professional (part-time) and advanced home-user?JT
-
What percentage of VC funded startups make it to 100m+ revenues in 5 years or less?
100M+ in revenues in 5 years or less does not happen very often. As an example of one sector, here is an interesting data visualization (circa 2008) of the 100 largest publically traded software companies at that time that shows their actual revenue ramp-ups from SEC filings (only 4 out of these 100 successful companies managed this feat, which themselves are an extremely small percentage of all of the VC-funded software companies): How Long Does it Take to Build a Technology Empire? http://ipo-dashboards.com/wordpress/2009/08/how-long-does-it-take-to-build-a-technology-empire/ Key findings excerpted from the link above: "Only 28% of the nation’s most successful public software empires were rocketships. I’ve defined a rocket ship as a company that reached $50 million in annual sales in 6 years or less (this is the type of growth that typically appears in VC-funded business plans). A hot shot reaches $50m in 7 to 12 years. A slow burner takes 13 years or more. Interestingly, 50% of these companies took 9 or more years to reach $50m in revenue."MB
-
Interested Angel investors want to fund my innovative idea, whats next?
Simple: The right investor is someone who wants to invest on standard terms at a good valuation relative to your current stage. Extra bonus points for someone who has relevant industry connections that could accelerate your business and is willing - at the right time - to make introductions for you. But you should have really quite low expectations of most angel investors. Certainly they should have NO operational control of the business. Although I want to be as helpful as possible to companies I invest in, it's entirely for the entrepreneur to drive me, not the other way around. There are very few exceptions to this rule, for example when angels who actually do have very recent and relevant experience want to back someone who is inexperienced and need oversight in order to feel comfortable investing early. But this is a real rarity. Finally, to answer your question about what entrepreneurs do when they receive funding, they should spend it in the best possible way to accelerate the success of the business. I'd be happy to talk to you in a call to provide more clarity on the matter and also discuss when is the right time to accept investment. If you have people willing to back you, that's great. You want to make sure you have a clear plan and set expectations accordingly.TW
-
How do I exit investors adding little value except money and attract new investors with confidence after the previous investors ruined the business?
First of all BE VERY CAREFUL about exiting investors while bringing new ones on. You cannot give investors money back out of proceeds raised from new investors. It's illegal (called Ponzi). This is a VERY tough scenario since you are dealing with two substantial issues - 1) building (or rebuilding) a business; and 2) retiring investors. If the business is in fact "ruined" then you need to first decide if bringing new investors into that situation is a wise decision. You could be opening yourself up to legal problems. Investors invest in projects when they can 1) make money; 2) connect with the business; 3) add value; 4) believe in management. Unfortunately, having "previous investors" (especially bad ones) is like coming into a relationship with baggage. Most savvy investors will not want to participate. Advice: try to retire the investors BEFORE talking to new investors. Rebuild the business model and wait a few months before going after new investment. Showing that type of resilience and passion for the business could play in your favor and show new investors that you are someone who can overcome adversity to achieve success. So how do you "retire" investors? Convert the investment to debt if possible. If not, offer to sell the business to one of the investors. Do not sign a non-compete and start a new business. Also, depending on your stock purchase agreement and any anti-dilution clauses you could issue new stock and dilute everyone's shares to where the old investors shares are minimal (could have legal repercussions though so be careful).MM
the startups.com platform
Copyright © 2025 Startups.com. All rights reserved.