Youth Entrepreneurs, Why You Should Help These Upstarts With Their Startups

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The world of entrepreneurship is a competitive one, but if you’re looking to get your hands dirty and help a young entrepreneur start their business, there are many benefits to be gained.

The entrepreneur jobs is a term for people who start and run their own business. It can be a highly competitive field, but there are some ways to help these upstarts with their startups.

Youth Entrepreneur With Big DreamsChildren, I think, are the future… That may be the traditional way to begin a post, but I’m aiming for something a bit more contemporary. So, to paraphrase the lyrics that have become a generation’s soundtrack: Let us assist them in lighting the globe on fire and shining brighter than the sun.

After all, why not? No one is going to argue that a young entrepreneur’s ingenuity, vision, and enthusiasm should be stifled.

And, believe me when I say that today’s young are a force to be reckoned with, harnessed, and empowered. Take a look at these high achievers: They dress better than my friends and I did when we were their age (an ultra-hip Threadless tee and shoes via Zappos vs. a flannel, dumpy jeans, and skate shoes). They have the power of information in their hands (through the internet and mobile phones). They have breakfast while multitasking and celebrate Earth Day every day. If they don’t like something, they make it for themselves, which is preferable. They’re high school students who are artists, designers, engineers, craftsmen, programmers, and – oh yeah – high school students.

That’s correct, adolescent. With their whole lives ahead of them, they are full of energy, excitement, sharp intellect, and optimism for the future… as well as vision

According to a recent Gallup survey of 70,000 students in the United States, 77 percent want to be their own boss, 45 percent want to start their own company, and 42 percent think they will “invent something that transforms the world.” Yes, please!

And the number of young entrepreneurs changing the world appears to be increasing every day. Nick Swinmurn, the founder of Zappos, who outfitted this army of up-and-coming entrepreneurs, established the company while he was in his twenties. The Threadless founders, Jake Nickell and Jacob DeHart, were barely out of their teens when they launched the revolutionary t-shirt business. The list goes on and on, including famous web applications like Hootsuite (created by Ryan Holmes) and Paperless Post (developed by twins Alexa and Hirschfeld), which I myself use ALL THE TIME (ha!) What would the world be like if kids didn’t innovate?

Okay, I’ve made up my mind about these upstarts and their awesomeness. So, how can I assist you?

Giving your time, talents, and/or money to an organization that promotes young entrepreneurship is a wonderful place to start. The organizations listed below are presently making a significant impact by assisting youth-led businesses in their quest for greatness:

  • Enactus brings together students, professors, and business leaders to help those in need improve their quality of life and standard of living.
  • Youth entrepreneurship programs and activities are often offered by regional and city-specific non-profits (for example, Philadelphia’s Empowerment Group and Cambridge’s Possible Project).
  • You may fund youth entrepreneurship initiatives at Small Business Development Centers (SBDCs) throughout the country (for example, California’s YEP).
  • Colleges provide events, seminars, and camps to encourage young people to become entrepreneurs (for example, Concordia University’s Teen Entrepreneur Academy).
  • Teen Company Link, a service of the US Small Business Administration, offers important tools to assist teenage entrepreneurs in starting, growing, and owning a business.
  • Through its nonprofit mentoring programs, the Young Entrepreneur Council (YEC) enables successful entrepreneurs to give back to prospective entrepreneurs.

Many of these programs also provide opportunities for young entrepreneurs to broaden their horizons via youth-focused company planning contests. We’re very pumped about the fact that we’re now supporting the BEC Boost, California’s first statewide business planning competition, which has two youth tracks (14-17 and 18-27) as well as a competition for participants aged 28 and above. Universities (such as Florida Atlantic and Clarkson) and local non-profits (such as TiE Vancouver) often organize similar contests for their communities, and if your town, institution, or alma mater doesn’t have one yet, now is the time to create one!

Image courtesy of Shutterstock.

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Frequently Asked Questions

How can entrepreneurs help the youth?

In order to help the youth, entrepreneurs should focus on creating jobs that are sustainable and provide a living wage.

Why is there a need for youth entrepreneurs?

There are many reasons why there is a need for youth entrepreneurs. One reason is that the world is changing and youth have to change with it. Another reason is that young people are more likely to start businesses, which creates new opportunities for entrepreneurship.

What advice would you give to youths who want to become entrepreneurs?

I would say to be patient and persistent. If you want to start a business, it will take time and effort. But if you stick with it, youll eventually see the fruits of your labor.

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