00:00 Over $100,000 in prizes are up for grabs at the 7th annual National Secondary Schools
00:05 Entrepreneurship Competition which has been launched and is expected to span 6 to 8 weeks.
00:12 Deputy Chief Executive Officer of First Citizens Bank Jason Julian says the idea of the work
00:19 hustle has been redefined with the generation label Gen Z doing many side hustles.
00:25 He states that there are several other outstanding characteristics of that particular generation.
00:31 The desire for purpose driven work, climate change, equality, diversity and inclusion
00:37 and beyond.
00:39 You prioritize innovation, social impact and work life balance.
00:44 And the next generation of innovators are typically driven by a vision to create meaningful
00:50 change in a world and are not afraid to challenge the status quo.
00:55 According to Julian, with the advancement of technology there are vast opportunities
01:01 past the borders of T&T and that's where NSEC can be an asset in providing tools including
01:07 mentorship and guidance.
01:09 He states that in the past 7 years 12% of NSEC participants have started their own business.
01:16 14% are in the process of starting a business and 77% have indicated that they are considering
01:24 starting their own business in the future.
01:28 Three Stone Research and Consulting Group is behind many businesses including Morvino
01:33 and Pastelab and is responsible for the NSEC.
01:37 Director David Stone tells students there have been many challenges and failures and
01:42 they resulted in changing business models and other advancements.
01:46 He says over time one of the key aspects of their success has been adaptability and the
01:51 COVID-19 pandemic was a major curve ball.
01:54 You may ask yourself with all these stories is it worth it?
01:58 My answer is definitely.
02:00 The number one reason is that you control your own destiny.
02:04 You are your own boss, you set your own schedule, you put in the effort and you reap the rewards.
02:10 Shell Trinidad and Tobago is the competition's premier sponsor.
02:14 Its corporate communications advisor Kelly Marie Patel says the competition is about
02:19 more than just entrepreneurship but rather nurturing the spirit of young people and fostering
02:25 growth.
02:26 In this room we see the architects of tomorrow, the young visionaries who will shape industries,
02:33 solve global challenges and drive progress for our country.
02:37 Massey Foundation calls on the teens to learn all that the experience has to offer.
02:43 Be present for everything.
02:47 Embrace the journey.
02:49 Seize every opportunity for growth and believe in your potential to make a difference.
02:56 Alicia Boucher, TV6 News.
02:58 [BLANK_AUDIO]
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