BUSINESS PLANS

Young People Embracing Entrepreneurship

Many Americans under 21 years old want to be their own boss, a new survey shows.
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A recent survey commissioned by the Ewing Marion Kauffman Foundation found that four out of 10 youths between the ages of 8 and 21 either have started or want to start their own business in the future.

Of those who have the entrepreneurial spirit, 92 percent said they want to found a business to use their skills and abilities, 89 percent want to build something for their future, and 85 percent hope that creating their own company will result in a high salary, according to the survey of 2,438 young people.

Overall, 63 percent of all respondents said they think that if they work hard enough, they can start their own successful business.

Last updated: Nov 20, 2007




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