My son is on gap year n was supposed to b on work experience but he says he can''t get any just yet he has been to several interviews but still no luck I don''t know what goes on in the interview room something must be wrong I asked him to even look for voluntary work as well just to get experience but no progress now just before he came home after 2nd year I offered to help him start up a business which he identified n made all the plans n it''s still ongoing but I am Havin 2nd thots about it but he insist he wants to carry on even tho it''s difficult to see how the business will be run if he goes bac to Uni next sep but he says he will sort something else at that time but I still doubt it but I want to give him a chance as well but need some help as to what to do now I hav £5000 for this project but its not enough he says he needs £20000 which I could raise but not do sure for a 21yr old who can''t get to convince any employer of his capabilities pliz anyone help how best to help my son
My instinct would be not to give him a penny and start charging rent, or set him on around the house to pay his way. I have two ''grown up'' boys so know what they can be like. Selfish and down right lazy if you don''t give em a kick up the bum. It''ll do him no favours giving him the money on a plate.
Has he produced a business plan? It sounds unlikely if he hasn''t thought through how it will be sustained once he goes back to Uni.
Has he had any interview training? Has he asked for feedback on his performance - interviewers will usually help this way (as long as the request is phrased ''I would like advice on how to improve my performance'' rather than ''how dare you not give me this job'').
Have you or a friend given him interview training? When my two were first on the job market we sat down with the job descriptions each time and worked out what sort of questions were likely to be asked, plus worked out answers to generic ones like experience of customer service and team working.
If lack of experience is the problem, voluntary work is an excellent way of getting it.
Is work experience part of the requirements of the course? If so, why aren''t the college helping? Have you approached them to see if there is a deeper problem here?
2) The business
How solid is the business plan - has someone independent been over it to see if it is actually viable? Has he approached a bank for a start up loan? Feed back, feed back. Otherwise, I''m with Dukey, £20K to 21 year old with no business experience is lunacy.
If your son has a good idea £20k could be a good investment. Don''t forget Steve Jobs and Bill Gates were drop outs and started Apple and Microsoft when they were 21 and 20 respectively. Apple is now the largest company in the world and Bill Gates the second wealthiest person in the world.
Employment and finding placements or voluntary work for young people, even those with good qualifications, interview skills and job experience is very hard at the moment and if your son is getting interviews he is probably doing quite well.
I am grateful guys you are helping He has drawn up a business plan but am not sure if he has had it independently verified is it possible to have it independently verified? Who can verify his business plan? Any of these would help thanks do very much