welcome back dear viewers and now in this segment we are going to talk about training young youths to find suitable jobs how to encourage young entrepreneurs and how to increase their potentials and skills in young generations and we are joined here by mr abdul maghdi entrepreneurship expert good morning good morning mr abdu mr alto can you please highlight briefly the key trends in the workplace today as a result of the changes in the technology and in the economy yes i think by looking at the economy and the evolution of technology and the promises of new trends like artificial intelligence and automation and even the trends in the past 20 years when it comes to like the way the economy works and the increase of on-demand products and services that there have been a shift on having a lot of labors working on demand and moving into being self-employed if we take examples like some of the car sharing companies in which that individuals are able to offer the service of driving others other consumers across these car sharing apps so then it becomes an opportunity for those who can actually find a source of income through through technology in this way also this affects not just on the individual level but on a major corporate level we can see lots of corporates shifting the way they work and the way they interact with their employees there is a movement towards outsourcing so they rely when external contractors were not necessarily on the payroll of the company as as employees for the long term so and also the technology allowed lots of potential entrepreneurs to jump in and to start their own businesses so we can see lots of evolution towards people moving towards self-employment through offering something to the market lots of people utilizing digital platforms to increase their income and accordingly becoming less likely and at least interested in regular traditional jobs and also corporates looking at utilizing the gig economy or consultants or external contractors and that also created a different set of co-working uh places and uh types of applications platforms that became really popular to match the needs the demand and and the offering in this uh in the market now uh mr mcgee we have some new concepts in our world of economy like self-employment freelancers uh outsourcing sites so can you elaborate on these new concepts yes definitely as we can see like self-employment had been around like since ever like but it was kind of exclusive for like artists and those independent workers craftsmen etc i think what we can see right now in terms of entrepreneurship or self-employed is that there is a larger opportunity for like different types of professionals white cooler professionals to get into being self-employed so the opportunity having digital channels and also different tools to find jobs like linkedin like facebook etc to be able to promote themselves and find jobs this allowed a different category of people to jump in and being able to become self-employed as a result these people are actually doing business they will look for the places for the services that they can rely on to expand their businesses so if we can think about it where should these self-employed work should they start their own offices or should they utilize some like shared offices for example so this becomes evolution of shared offices or what we know as co-working places and it’s good to know that like right now in egypt there are over 200 co-working spaces spread around the country so um but all over egypt all over egypt yes and i think most of them are in cairo giza so it’s quite uh becoming quite intense in terms of the availability of those these spaces that’s available for those who are self-employed and working on their own to utilize their own offices so that’s where like self-employed and entrepreneurship we can look a lot of lots of corporates they are changing the way we hire others for particular jobs but there is a movement where it’s outsourcing there’s a lot of external consultants utilization of outsourcing sites where the corporate can post different jobs and different and also relying on innovation programs even like bringing people from outside the country to bring in ideas and come up with products for some of their challenges so these are all kind of trends that evolved from the changes and technology and the way like people work yeah mr after let’s break down these trends and get to know more what they might mean for our viewers for to what extent as we have been talking here about the co-working space how the co-working space could be beneficial and important for someone who wants to start a new business for example yeah i mean like we know business there has to be like consistent business communication there has to be some secretarial work there has to be a way in which the packaging and the branding of the work environment is done which could be actually very challenging to have in at home and also about productivity because if we’re talking about those who are self-employed or they are solopreneurs they are working on their own they have the challenge of where are they going to work from and there are some still challenges in getting the culture off home offices out there so like managing a home office could be challenging so having something like co-working spaces in which that they could basically have their business address to the co-working space they would have a flexible desk in which they can like work and security and exactly security and facility things like meeting rooms sitting down with their clients in a convenience environment so all these are potential services for the self-employed or the solopreneurs to utilize from working spaces and we see that trend also has a as a positive connotation also it has a negative connotation why because the negative connotation would be looked at from the changes in the concept of find a stable traditional job so we can see that as all these trends come by it’s it becomes like less likely for people to find or to go for a traditional job which allows other people who are kind of open enough for the idea to find other alternatives to increase their income so we could see that this is a shift an individual could be ready by looking at like um like a process of what how can i engage in this type of economy by offering services and products so sir what about the demand for these jobs and who needs these services and how do they get to choose and guarantee the results yeah i think if we look at specifically corporates like looking for professional jobs to get done or even like at home looking for technicians to fix something at home etc there is always a challenge of guaranteeing the result that’s why it becomes kind of important to look at the brand and the platform that’s offering the service so that’s uh that’s also an opportunity and a challenge for entrepreneurs is that who are building these platforms is to put together the like the quality standards the guaranteed results the the testing of service providers before offering a service so there have been different models on offering these services and some of the positive trends in this direction for example is things like this star rating like is as you utilize the service provider you’re able to leave feedback and give a star rating so by then if i’m looking for the service and i can go there and i can look at the star rating and the feedback by different service providers so this allows me to choose the ones who are best performing also it allows for those who are getting there is to offer services even for free to increase the rating so accordingly having things like creating systems allows for professionals who are offering the service and also for those utilizing the service to have an expectations about how things are going to go in the future so uh technology played a rule there and also there is a shift also beside these open platforms to have much more like community based controlled platforms like for example we see that these are the 200 most demanded jobs or these are the two most most demanded like functions and accordingly we offer these and you order from us as a brand and then we outsource these to others so there’s another like concept in which that you order from a specific brand which also is gaining popularity because by then the the quality and the guarantee comes from the brand other than from the individual themselves yes uh mr mcd as an entrepreneur expert to what extent the gig economy and the entrepreneurship and the startups are now uh taking the ground and the the youth are more willing to work in that the domains and fields more than just being an employee in a big company or um an internal multinational company yeah we see we see like entrepreneurship and startups is becoming an active trend so i think we would say that majority of youth as he gets into the university like from 18 to 22 they start viewing entrepreneurship and building startups as very desirable they can relate to all that the cultural and like media like stories about uh bill gates mark zuckerberg etc etc i think all these successes stories you see now they have the youths are more creative they are having more creativity now than before do you see do you think so yes definitely like technology have it like evolved and provided them as a platform to express themselves so they kind of have to do something to express themselves and even like this form of self expressions work on their ability to add something and to um to build something and express their creativity so definitely they have been becoming more creative and as a result of that and sometimes it happens naturally because like some of the stories of entrepreneurs we have ladies who like to kind of design things for themselves and then they post that on instagram for example and their friends like it so we start another channel to sell these uh kind of handmade uh craft so some of these businesses has evolved using technology women are cooking now and selling food through the the social media and many projects are going on uh exactly i mean like delivery of uh groceries delivery of uh fruits and vegetables cooking and lots of other this is your advice to housewives who want to make use of their time if they have some free time yeah you know it could be more sophisticated it depends on the individual themselves so it depends on the individual and the skill set so if someone comes from a professional background who used to work in business administration for example there could be better opportunities for them offering secretarial services for example so they they become like the secretary for a number of entrepreneurs so uh if someone comes from a professional background and they’re able to respond to the phone like access emails do some online research but then it becomes um it could be more like higher value service to offer secretary or services in case they are better at it from other but definitely those who are better at cooking they can actually like start offering uh like cooking services and different types of services so i think it would get back to the individual understanding their core competence and um and accordingly they would be able to focus on that and that’s where they can find success in like in an open economy because if they are like competent at that if they do a good job so by then their brand is going to be known and accordingly we’re going to get more clients and we’ll be able to grow this even beyond an individual business that could grow to a lot of companies like there is lots of um like household businesses that are starting from home for like students and their mothers they’re starting to like do their cooking business and selling that and then they start building like doing ads and by then it goes beyond their home they have to be the kitchen and shops they are opening shops and chains as well uh many that start with small businesses and then they expand it to a great extent exactly exactly so it becomes a very interesting test bed for new ideas so i think like for individuals they could look at the top three things they are very passionate about the there is something we call the hedgehog concept like the hitchhike concept is the interaction of intersection of uh what you’re passionate about what’s your competent ads and what you can make money doing so if someone is is like would be able to list the things they are very passionate about they are competent at and you could make money with you could experiment with like a few things a few offers and out of this you would selected something that’s much more consistent could generate more consistent income from them okay i’d like to thank you mr abdul macd entrepreneurship experts for being with us today pleasure thank you very much uh mr abdul and happy aid [Music] and this brings us to viewers to the end of today’s edition of the breakfast show i’d like to thank my colleagues we come to the end of this edition till tomorrow with another question [Music] we’re gonna celebrate [Music] [Applause] the 1998 fifa world cup final was played between brazil and france the host nation on the 12th of july at the sandonee stadium the final was contested by brazil who were then the defending champions having won the previous fifa world cup four years earlier in the us 94 and the host nation france who had reached the final of the tournament for the very first time france won the match decisively three nothing a blowout to claim the world cup for the very first time for the timing of the match two days before busty day adding to the significance of the victory zayn dean zidane one of the match and man of the tournament scored twice before halftime and emmanuel petty added a third goal in the last minutes the match had an attendance in the region of 75 000 the match also saw speculation on the condition of the brazilian striker ronaldo who suffered a convulsive fit on the eve of the match after initially being left out of the team sheet in spite of his physical state it was announced just 72 minutes before kickoff that he was going to play in the match ronaldo sustained an injury in a clash with french goalkeeper fabian abaces although it was believed that the decision to play ronaldo had backfired it was understandable as the player had been a crucial member of the site throughout the tournament having scored four goals and created three more but 1998 was zayn and deansy dance here it was france’s year
Tech Entrepreneur, engineer, teacher and researcher.
Quick Links
Menu
"A vigorous, trustworthy and meticulous hard working man. He was the principal organizer of the event"
"Inspirational, motivational and mind-broadening entrepreneur. He is surely one of the “multis”; multi-talented, multi-tasking and multi-discipline – all governed by a great vision and seamless implementation."
"Abdo is a wonderful ambassador for Egypt as he is a warm, compassionate and caring man."
![[Nile TV] The On-Demand Economy](https://www.abdomagdy.com/wp-content/uploads/2024/04/10-750x350.jpg)
