The interest of Skyheight Success Consult in entrepreneurship education derives from the result of a recent research that was conducted by our team of experts. Though the research used Nigeria as a case study; the findings, to a very reasonable extent, is relevant to other parts of the world. The findings of the research are as follows:

	Nigerian tertiary institutions produce about 250,000 graduates annually, but about 30% (i.e. about 75,000 graduates) get absorbed by the labour market within five (5) years of graduation; needless to say that about 10% of this population will be disengaged by their employer in less than ten (10) years due to downsizing/ merger/ acquisition/ consolidation/ retrenchment/ bankruptcy, etc.
	Over 75% of the remaining 175,000 graduates cannot be self-employed because the educational system they passed through is most suitable for salary jobs.
	About 50% of the 250,000 graduates, many of whom are (considered) unemployable, spend the rest of their life jumping from one menial job to another just to earn daily bread, while needing periodical financial assistance from friends and relations to meet with basic needs. Some of the graduates in this category work without their degree certificate.
	About 7.5% remain completely dependent (on their friends and families) for the rest of their life.
	12.5% create job opportunities but less than 25% survive for a decade.
	Uneducated/less educated people are more proficient and successful than university graduates in managing private businesses. This accounts for why about 70% of private businesses in Nigeria are owned by non-graduates.
	About 75% of businesses fail within five years. About 75% of the remaining 25% fail in another five years. Only 20% of this 25% will be making significant profit while 80% will be merely surviving. This means that if 100,000 businesses are established this year, about 75,000 will not be in existence after five years. Out of the remaining 25,000 businesses, only 6,250 will survive for another five years. But only 1,250 will be making significant profit while 5,000 will be merely surviving. In other words, after a decade, only 6.25% of businesses will survive merger, acquisition, bankruptcy, consolidation, etc while the corpses of 93.75% will be resting in their graves.
	The last result above correlates another finding of our research that only 5% of workers will be financially independent during retirement. In other words, about 5% of people from 65 years and above will be able to survive without financial assistance from anyone.

ANALYSIS
Many graduates are not employed because they are not employable. No matter how intelligent they are, or how well they are prepared to face interview panels; about 70% of graduates will be unemployed because there is limited space in the labour market to absorb them.

The curriculums of educational institutions (from the least to the highest level) do not encourage self-employment as they are best suitable for salary jobs, which are scarce. The academic training that is offered to students in formal educational institutions hardly qualify them to either establish and/or manage a business of theirs. This is why graduates always look for existing job opportunities rather than creating job opportunities, unlike their uneducated and less educated counterparts that usually establish and mange a business of their own upon the completion of their apprenticeship. If the business eventually grows to a certain level, university graduates (that are far more educated than they are) end up as their employees.
 
It is imperative to remark that even graduates of management courses (who study the ideas of globally renowned and celebrated management scholars) are not exempted from this situation as many of them, after all efforts of being employed prove abortive, are unable to set up a business of theirs. Our research shows that most management students in tertiary institutions are taught by management scholars/lecturers/professors that never owned nor managed any business. They only teach theories they never practised, and may never practise. But the less educated entrepreneurs have a first hand experience of basic management principles with the aid of the daily practical they are frequently exposed to, even in the absence of any formal training on the theoretical aspect.

Though education is always one of the most valuable treasures one can have; it does not guarantee financial independence. If formal education is most suitable for salary jobs, which are not readily available, and most graduates cannot be self-employed; then the consequence is that they will remain unemployed. Worthy of note is the fact that attaining a certain level of education could make one (consider himself/herself) overqualified for some jobs with better prospects. This is why many graduates, in their financial life, are incomparable with the less educated (and even uneducated) people. Such could be very frustrating for graduates in a society money is glorified and used as the only criterion for measuring success.

The above findings unveil the necessity of entrepreneurship. But encouraging people to establish their own business is inadequate as there are greater chances of failure than success in the venture without adequate training. There are far more businesses that have failed than ever succeeded. As a matter of fact, there are far more business proposals that never saw the light of the day than businesses that were established but failed. Many people "will" and "wish" businesses they like to do till they are no more. Though it is better to have tried and failed in business than never to have tried at all; it is best to have tried and succeeded. But this is very rare without formal training in (what Brian Sher calls) "School of Wealth", where people are groomed in "money management" and "wealth creation" using universally and time-proven principles.

The last finding of our research that only 5% of workers will be financially independent upon retirement should give one an insight on what most retired people are passing through, and also what most workers should expect after retirement. This should motivate every worker to start early enough to prepare for his/her retirement. The government acknowledges the truth that the earnings of her workers throughout their active years, under normal circumstance, will be insufficient to take care of them during retirement, irrespective of their rank/level/position. This accounts for the rationale of pension.

But what percentage of workers are government employees? Worse still, how many non government employers make provision for pension as a welfare package for their retired staff? Our research shows that over 65% of workers will not be entitled to pension during retirement because most employers of labour (in the private sector) do not have that welfare package for their retired staff. This situation, obviously, spells doom for most workers in a nation (like Nigeria) where the government has no welfare package for the aged. Ex-employees who are fortunate to be entitled to pension during retirement admit the fact that the package is only good enough to keep one alive, but never for any significant improvement in life. Moreover, in a nation with irresponsible leadership, pension is made available to retired workers only when the government deems fit. Hence, it is an unreliable source of income (in such a nation).

If, at active age, one works round the clock but is unable to meet up with (basic) financial needs; what would be his/her fate when he/she is out of earning?

Our research further shows that over 90% of the 5% secure financial independence with the aid of (a) business(es) they owned (and, perhaps, managed), but not through (a) salary job(s). This further justifies the necessity of entrepreneurship, especially for those that do not want to be financial burden to anyone at old age. It also justifies the fact that establishing and growing one's own business is the surest path to financial independence. Whoever wants to be rich, as a rule, must think of being self-employed.

The entrepreneurship training programmes of Skyheight Success Consult are specially designed to equip individuals with the requisite skills for establishing, managing and growing a business rather than seeking existing job vacancies to fill. For many, managing a business is very exciting. But for others, it is very frustrating. The difference lies in the managerial ability and competence of the entrepreneur. We would be very delighted to meet you if you have a good business and need a little help to grow it, or you are planning to establish a business and need a little help to take off. We have an outstanding reputation and track record in transforming businesses into highly successful enterprises. By intimating you with the current and most effective globally proven business growth principles, strategies and tactics that have assisted many of the world's most successful companies, you will be positioned to get your business to where you want it to be. You will be assisted in management, marketing, advertising, etc.

In addition to our periodical entrepreneurship training programmes (seminars, workshops, conferences, symposia, etc) for the public; Skyheight Success Consult also conducts private training programmes for public organizations (government agencies, commissions, ministries, etc), and private organizations (corporate organizations, churches, schools, communities, etc). We also provide Resource Persons, upon demand, for training programmes organized by public and/or private organizations.