Two-thirds of teens, or 66.9 percent, indicated they would like to start their own business someday, according to the sixth annual JA Worldwide “InterpriseT Poll on Entrepreneurship,” down from the 70.9 percent who expressed interest in becoming entrepreneurs in last year’s poll and the first decline since 2004. The poll was administered in early 2007, and more than 800 teens aged 13-19 participated.
“There appears to be a connection between teens’ interest in starting a business and the overall state of employment in the country,” said Gerald M. Czarnecki, president and chief executive officer of JA Worldwide.
“Starting with the 2001 recession, the job market experienced considerable weakness for several years and teen interest in becoming entrepreneurs climbed. When the job market improves, as it has in recent years, interest in starting a business seems to decline. Whether teens opt to start their own business or work for an existing business, Junior Achievement programs will prepare them to succeed.”
Read the full Poll Results on Teens and Entrepreneurship.
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Great programs that any teen interested in entrepreneurship should take advantage of.
I took a look at the study. Very interesting! Perhaps my favorite response was that only 1% believed that starting a new business would be impossible. Hope is still alive in the younger generation! Their zeal for creating something new or improving upon the old is as strong as ever.
However, one unfotunate stat… 10% wanted to start their own business so they could be “Like Bill Gates or Donald Trump.”
One of each is enough, thanks. Go chart your own course to success!