“Education is the most powerful weapon which you can use to change the world.” – Nelson Mandela
Education is something I touched upon in this month’s Wired magazine. The belief that a strong education enables people to better their lives is one that has been with me for many years, and is rooted from the advice and wisdom of family, friends and idols.
On a strictly financial basis, there are clear-cut statistics showing that the more educated a person is, the more money they earn – but it goes deeper than that. Financial gain is a secondary reward that comes from a greater understanding of your sector, proof of continual hard work and dedication, and a greater degree of employability.
I believe one of the key aspects that is often missed out on during the discussion about greater education is the financial aspect. If a person has to choose between working a poorly paid job, or taking an unpaid internship, it means that only those with savings or support would be able to better themselves. Finances should not hold people back from gaining experience within different industries – a key inspiration for Intern Avenue.
According to the Guardian, average hourly pay for graduates with a bachelor’s degree was 85% higher than for those with GCSE’s grade A*-C – a difference of over £6 per hour.
Education is a means by which people can lift themselves from poverty, but it is not by any stretch of the imagination the only roadblock. In my experience, even if a person has completed a degree to the best of their ability, there is a huge gap between an educated and an experienced person – something I have dedicated the last two years of my career to rectifying
Whilst education may be the key to opening doors, experience is knowing which door needs to be opened, and which can remain shut.
In the article for Wired, I was quoted as saying ‘take the things that seem like problems and turn them into opportunities’ – this is exactly what I did with Intern Avenue. I identified a key area where there was room for improvement, and spent two years of dedicated time turning that problem into a real opportunity – not just for me, but for anyone looking for experience in major industries.
Education alone is a wonderful thing – it gives a person greater perspective of the world at large, opens the mind to new ideas, and provides a framework for solving problems that may not exist otherwise. By providing accessible experience for a fair wage, yet another roadblock to success is removed.
By Dupsy Abiola, CEO Intern Avenue
Intern Avenue featured in this month’s Wired magazine as part of the #FearlessFounders series sponsored by Investec Private Banking.
To watch the video recorded exclusively for Wired, go to http://www.wired.co.uk/promotions/investec-dupsy