Today on Promoting Enterprise we are catching up with 2016 Youth Essay Competition finalist Frici Barabas! The Youth Essay Competition is an opportunity for the youth of Europe and COSME partner countries to have their say on pressing issues in the area of entrepreneurship in Europe. Previous editions have asked the following questions:
- 2016: “What can the EU do to encourage more young people to become entrepreneurs?”
- 2017: “What skills do tomorrow’s entrepreneurs need?”
What will be the question for the 2018 edition? Stay tuned to the Promoting Enterprise News Portal and be sure to follow us on Twitter, Instagram and Facebook to find out as soon as the next edition is live! For more information on the competition have a look here.
When Frici entered the competition two years ago he was a budding entrepreneur with a t-shirt business, and his online venture ‘digital lifestyle’. So what has he been doing since then? Read on to find out!
What have you been doing since being a finalist in the Youth Essay Competition in 2016?
Since being a finalist I have been working as a freelancer in the online marketing and social media marketing space. My work has taken me global and I have worked with companies from Dubai, the US, India and Europe, specifically Hungary and Romania.
In addition to this I have also published more courses on Udemy and Skillshare, mostly on the topics of social media marketing, specifically Instagram marketing. I decided to focus on these topics because Instagram started to get big and become important in 2016, right when I began working as a freelancer. It seemed logical to focus on the platform that was growing and getting the most attention.
Do you have any exciting projects that you would like to share?
At the moment I have been focusing on my startup, which is a social media marketing agency in Romania. Over the past year I have started to help NGOs and local SMEs here in Romania with social media management and social media marketing, and would like to expand on my work and build a company.
Whilst this work has been really interesting, it has certainly come with its challenges. Here in Eastern Europe scepticism around social media is still pretty prevalent, meaning that businesses are not necessarily willing to pay for it. Due to this scepticism it can be pretty difficult to sell as a service as it is difficult to convince owners to invest in developing their social media profiles.
However, this is slowly beginning to change as small businesses realise that they need to do something with their Instagram and Facebook pages, and that they need expert outsiders to help with this. A good example which showed just how powerful social media can be was when the St. George startup week
was being organised. The event is a global celebration of startups and entrepreneurship, which originally had an expected number of 50 attendees. This became 200 attendees which in a small city of 40 000 people, where the local language is Romanian-Hungarian, is especially impressive for an English language event.
In general my work with NGOs has been much easier, as they normally need less convincing and see the value of social media. It also helps that their budgets come from elsewhere, namely local or European funds.
Based on your experiences since 2016, do you have any new advice for young entrepreneurs, or people thinking about starting out on their own?
The most important thing is to think about helping people with your products or services and not ‘the money you could make’, so start working and doing!
The moment I realised this was when I saw that working in social media in Eastern Europe represents a great opportunity. The market is still relatively open as traditional media still dominates most communication channels. Social media is not as hyped but it is growing, meaning that currently there is little competition and plenty of opportunities to take advantage of.
I have been approached by entrepreneurs who simply wanted to partner with me for the financial gains, and who wanted to make use of my expertise. I turned them down because I want to look past the just the financial gains and look at how I can use my expertise and passion to develop the sector and help SMEs with their social media communications.
Any additional information you would like to add?
I am currently looking for partners in Europe and in the industry in general to continue my work and gain experience. It would be great to find people specialised in certain social media platforms, or who are looking for help with online tools, and to partner up with. I’m open to collaboration!
We are coming to the end of 2016…and what a year it has been! This year on the blog we have met some inspiring entrepreneurs, who showed us what it means to be innovative, creative, daring and more. From the seasoned to the new, from older to younger, we have been very lucky here on Promoting Enterprise to have met and featured so many inspiring individuals.
We must also not forget all the winners we have met! Starting with the hotly contested European Enterprise Promotion Awards where we had 6 category winners and a Grand Jury Prize winner. Read all about them here. Let us also not forget all of the amazing national projects that made it onto the shortlist, find out about them here.
This year for the first time there was an opportunity for young Europeans to participate, that’s right we are talking about the Youth Essay Competition, which received many outstanding entries, of which only 3 finalists and 1 winner were selected. The finalists, Francesco Foglia, Frici Barabas and Katie Williams all differed very much in their approach as to how to motivate young Europeans to become entrepreneurs, and all pushed the Jury to think about the opportunities available. The winner of the competition, Andri Pandoura, from Cyprus impressed the jury with her simple approach and advice on how to connect with youth on their platforms and terms.
Finally, our biggest event of the year was the SME Assembly 2016 held in Bratislava, Slovakia from 23-25 November 2016. If you missed it, read our daily posts (Day 1, Day 2, Day 3) and have a look at our Instagram for images of one of the biggest European gatherings of entrepreneurs, facilitators and innovative thinkers!
It has certainly been an eventful and entrepreneurial year, and we look forward to seeing what 2017 will bring! So from all of the Promoting Enterprise team, thank you for supporting us and reading our posts, we hope you have enjoyed them! Curious about what we will bring you in 2017? Not long to wait, so Happy Holidays and see you back here in 2017!
The deadline for submissions of September 2 is now past. Over the past months we have received an impressive number of high quality submissions from every corner of Europe, in which you have shared your ideas about how the EU can encourage young entrepreneurship. We were very impressed with the standard of work submitted and we would like to thank to all Youth Essay competition participants.
Now the competition jury is faced with the challenging task of selecting the winning entries. Only the top three will be selected, and these winners will be announced by the first week of October. These three candidates will then have to prepare a short presentation of themselves and their submission by the 16th of October. If you are among the winners you will be given further instructions and information after the announcement.
These three winners will be promoted across all SME social media channels during the last two weeks of October, which we recommend you follow so you can keep track of all news, updates and coverage.
Finally, the overall winner will be invited to the SME Assembly in Bratislava in November (23-25), to present his/her essay at the event. Before the event the winner will receive special training in preparation for the event and the presentation. The other two winners will also be featured; their presentations will be broadcast on screens during the event.
We would love to share your news, photos and updates on our social media which can be done by tagging us or submitting content for publication (for example the ‘We@Work’ posts on Instagram, see an example here). We also want to see other people you think should be featured on our accounts so be sure to nominate others! If you have any questions about content sharing and promotion please do not hesitate to get in touch.