Teen Entrepreneurs

Teen Entrepreneurs: The Facts Seemingly undeterred by the recent financial crisis, teens have actually created jobs and taken businesses to the next level. We look at the facts and figures of entreprenueurs who have started businesses at very young age. FLOURISHING YOUNG ENTREPRENEUR CULTURE 50-59 165 million early-stage entrepreneurs are young entrepreneurs. Age at 40-49 Global youth unemployment rate 12.2% first 30-39 start-up 20-29 Funding, people and know-how are the Below 20 biggest barriers to entrepreneurial 10 20 30 40 50 Entrepreneurial leaders may be made rather than born, but a large majority of the most successful embarked on their first ventures at a young age. success. Ratio of youth to adult unemployment rate When it comes to young business founders, the under 25 group is growing at a faster rate than any other age group – 15% compared to the 6% increase for older entrepreneurs. 1:3 - WHAT MOTIVATES YOUNG ENTREPRENEURS? 36% 19% 20% 41% Turning their dreams into a reality. Filling a gap in the market. They were best suited to becoming an entrepreneur Being their own boss DOES SCHOOL HELP IN THE REAL WORLD? "Classes are not adequate enough to start a business post-school" CREATED BY Sources: i. Quib.ly http://www.startups.co.uk/the-rise-of-the-young-entrepreneur.html http://www.youthbusiness.org/pdf/ YouthEntrepreneurshipSurvey2011.pdf http://www.entrepreneurship.org/en/resource-center/~/media/ Entrepreneurship/Files/Resource%20Center/ Nature_or_nurture_FINAL.pdf http://www.slideshare.net/twfashion/yecbuzz-marketing-group-youth- entrepreneurship-study PARENTING + TECHNOLOGY CHANDA GOHRANI ww im. ww WEEEA BA Teen Entrepreneurs: The Facts Seemingly undeterred by the recent financial crisis, teens have actually created jobs and taken businesses to the next level. We look at the facts and figures of entreprenueurs who have started businesses at very young age. FLOURISHING YOUNG ENTREPRENEUR CULTURE 50-59 165 million early-stage entrepreneurs are young entrepreneurs. Age at 40-49 Global youth unemployment rate 12.2% first 30-39 start-up 20-29 Funding, people and know-how are the Below 20 biggest barriers to entrepreneurial 10 20 30 40 50 Entrepreneurial leaders may be made rather than born, but a large majority of the most successful embarked on their first ventures at a young age. success. Ratio of youth to adult unemployment rate When it comes to young business founders, the under 25 group is growing at a faster rate than any other age group – 15% compared to the 6% increase for older entrepreneurs. 1:3 - WHAT MOTIVATES YOUNG ENTREPRENEURS? 36% 19% 20% 41% Turning their dreams into a reality. Filling a gap in the market. They were best suited to becoming an entrepreneur Being their own boss DOES SCHOOL HELP IN THE REAL WORLD? "Classes are not adequate enough to start a business post-school" CREATED BY Sources: i. Quib.ly http://www.startups.co.uk/the-rise-of-the-young-entrepreneur.html http://www.youthbusiness.org/pdf/ YouthEntrepreneurshipSurvey2011.pdf http://www.entrepreneurship.org/en/resource-center/~/media/ Entrepreneurship/Files/Resource%20Center/ Nature_or_nurture_FINAL.pdf http://www.slideshare.net/twfashion/yecbuzz-marketing-group-youth- entrepreneurship-study PARENTING + TECHNOLOGY CHANDA GOHRANI ww im. ww WEEEA BA