Teenagers turning into Entrepreneurs

Teenagers turning into Entrepreneurs

Teenagers turning into Entrepreneurs

By Staff Writerécoute moi

A study has revealed the business run by teens has remarkably increased since 2019. These include tech companies, clothing lines and make-up brands, the financial services or accessory lines, entertainment or media, food or drink provider said. The entreprenures who have been the most inspirational figures to young people interested in starting businesses  Steve Jobs, Sir Richard Branson and Mark Zuckerberg.

In 2019, we’ve witnessed young people who are passionate about social media and the climate and there are lots of opportunities for young people to put the problems they’re voicing into fuelling their technology or sustainable businesses.

Teenagers turning into Entrepreneurs

Nici Audhlam-Gardiner, from OneFamily, said: “Generation Z were born after Google and have grown up with social media, so it’s no surprise that these teens are already using their networks to help build their career.” The government has advice for anyone wanting to start their own business, including help on accessing loans.

It says its Startup Loans provides start-up finance and up to 12 months of mentoring support. There’s also a free helpline for people to get advice to pre-start and start-ups. “This way of working gives young people the chance to bring in some extra money, and provides them with the opportunity to try out different careers and get used to managing and saving their earnings for the future.

Noa Mintz started her first business in 2008, running art classes for kids during the summer for a small fee. Two years later, she founded a children’s party planning business. To make sure her staff was following workplace protocol, she wrote an employee handbook for guidance.

As she looks back on her ventures six years later, Mintz is not impressed.

“Since I was, after all, under the age of 10, the execution wasn’t perfect,” she says.

“If your teenager shows a passion for starting a business, we’d encourage parents to see the benefits of their children working while studying at school or further education. The lessons that starting a job can instill, from a strong work ethic to earning and budgeting, is invaluable, particularly during the teenage years.”