The next generation of entrepreneurs

A new study done by the Kauffman Foundation has found that students with an entrepreneurial spirit aren't discouraged by the economy.

The Pittsburgh Post-Gazette reports that the survey found 40 percent of youth between the ages of 8 and 24 would like to start a business someday, or are already working on a new business venture.

The study also found that among those who want to start their own firms, 42 percent believe educational resources have given them the necessary skills to run a business and more than 60 percent want to learn first-hand from an established entrepreneur.

The study's release coincides with National Entrepreneurship Week, which runs from February 19 through February 26, 2011.

The National Federation of Independent Businesses (NFIB) - the nation's leading small business association - called on young entrepreneurs to follow their dreams of owning and operating a small business and encouraged the government to create policies that make starting a business easier.

"By starting a small business, young people can look forward to the rewards that come with being your own boss and creating jobs for others," said NFIB president and CEO Dan Danner. "The friendlier our government is to small business, the more likely the entrepreneurs of the future will have a chance to open and grow their own business, their own version of the American Dream."

Peer Comments

No Fear Entrepreneurs

The up and coming generation will likely produce more entrepreneurs than ever before! This generation will be more entrepreneurial, less corporate, and more focused on making a difference than possibly any other generation! While this is exciting to me, as a huge fan of small business, I only hope that this generation doesn't skip traditional education and work experience on their way to quick entrepreneurial success. Many articles that I have read recently highlight this generation's impatience with education and their drive to jump right into doing their own things. I hope that they don't skip the foundational years of higher education combined with solid on-the-job business experience as someone else's employee before they move on to their own ventures.

Lisa Sperow - 3 days ago

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