Peter Ndumia, a branch manager at Co-op Bank, recently shared advice with young Kenyans on how to monetize their existing skills. During a Co-op Bank Youth Forum episode, Ndumia explained that any skill acquired through school, work, or hobbies can become a source of income if it solves a problem people are willing to pay for. He emphasized that the first step is to identify a personal strength that comes effortlessly and that others regularly seek help with.
Ndumia advised young people to translate their abilities into specific services that can be priced. For instance, instead of simply stating proficiency in mathematics, one can offer one-on-one tutoring services. This approach can also be applied to various freelance-compatible skills such as graphic design, photography, writing, editing, coding, and music. Ndumia stressed the need to shift from "I know it" to "I now offer it."
To attract paying clients, Ndumia recommended documenting work and building a portfolio of past projects or sample pieces. This portfolio should be showcased on social platforms such as WhatsApp, Instagram, TikTok, LinkedIn, and Facebook. By doing so, young people can demonstrate their skills and experience to potential clients.
Ndumia suggested that beginners start by offering services to friends, family, classmates, colleagues, or local businesses. He also encouraged them to continue submitting proposals and improving their output. If work is done for free, Ndumia advised that it should be documented and shared to enrich the portfolio, as "you never know who is watching."
The Co-op Bank branch manager also highlighted the importance of finding mentors who can provide guidance and support, especially during periods of frustration or slow growth. Having a mentor can help young people navigate challenges and stay motivated.
Ndumia's advice was shared during a Co-op Bank Youth Forum episode, which aims to empower young Kenyans with skills and knowledge to succeed in their careers and businesses. The forum provides a platform for young people to learn from experienced professionals and entrepreneurs.
By following Ndumia's steps, young Kenyans can turn their skills into paid services and create a sustainable source of income. This can contribute to the country's economic growth and reduce unemployment among the youth. Co-op Bank's initiative to support young people in monetizing their skills is a positive step towards empowering the next generation of entrepreneurs and leaders.
Key points
- Young Kenyans can turn their skills into paid services by identifying their strengths, building a portfolio, and networking.
- Co-op Bank branch manager Peter Ndumia advises young people to shift from "I know it" to "I now offer it" when monetizing their skills.
- Finding mentors and documenting work can help young people succeed in their careers and businesses.
