Youth Enterprise & Entrepreneurship

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T: @eMotivator W: http://david.bozward.com E: [email protected] Youth Enterprise & Entrepreneurship "people, planet and profit"

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What are the current trends in Youth Enterprise & Entrepreneurship

Transcript of Youth Enterprise & Entrepreneurship

Page 1: Youth Enterprise & Entrepreneurship

T: @eMotivator W: http://david.bozward.com E: [email protected]

Youth Enterprise & Entrepreneurship

"people, planet and profit"

Page 2: Youth Enterprise & Entrepreneurship

T: @eMotivator W: http://david.bozward.com E: [email protected]

Youth Enterprise ‘Explosion’

• Social, Individual, Entrepreneurs• High expectations for advancement• Education• Global Access to:– Information– Skills– Finance– Instant Connections and Market– Technology

Page 3: Youth Enterprise & Entrepreneurship

T: @eMotivator W: http://david.bozward.com E: [email protected]

Why are they Entrepreneurs?A New Chal-lenge13%

Want to Make a Dif-ference

15%

Create Opportunities18%

Money24%

Independence30%

What is your motive for starting a business? Grow a business

and sell it15%

Give back to society23%

Make a day-to-day living24%

Become a millionaire38%

What is your business aspiration?

Universities2% Family & Friends

5%The recession

8%

I had a great idea25%

I wanted to be my own boss60%

What inspired you to start a business?

Source: NCGE FlyingStart, 350 University Entrepreneurs

Page 4: Youth Enterprise & Entrepreneurship

T: @eMotivator W: http://david.bozward.com E: [email protected]

Enablers

• Role Models– Entrepreneurs– Popular Culture

• Portfolio Working• Recession• No life time careers

Page 5: Youth Enterprise & Entrepreneurship

T: @eMotivator W: http://david.bozward.com E: [email protected]

Enterprising People have….

Enterprising

Focus

Advantage

Creativity

Ego

Team

Social

Page 6: Youth Enterprise & Entrepreneurship

T: @eMotivator W: http://david.bozward.com E: [email protected]

FocusSteve Jobs• Strong focus• Lock onto a target• Concentration• Never lose sight• Always know

how, what, when

“Be a yardstick of quality. Some people aren't used to an environment where excellence is expected.”

Focus

Page 7: Youth Enterprise & Entrepreneurship

T: @eMotivator W: http://david.bozward.com E: [email protected]

AdvantageAlan Sugar

• Identifying• Select opportunities• Know what options give greatest

benefits

"In

my g

am

e,

you g

ot

to k

now

what

sells

?"

Advantage

Page 8: Youth Enterprise & Entrepreneurship

T: @eMotivator W: http://david.bozward.com E: [email protected]

CreativityJames Dyson

• Generate ideas• Problem solving• Thinking outside the box

"pro

ble

m-s

olv

ing

is a

t th

e c

ore

of

all

creati

vit

y"

Creativity

Page 9: Youth Enterprise & Entrepreneurship

T: @eMotivator W: http://david.bozward.com E: [email protected]

Ego

• In charge of their own destiny

• Courage• Make a difference

“If you've got a big mouth and you're controversial, you're going to get attention.”

Ego

Simon Cowell

Page 10: Youth Enterprise & Entrepreneurship

T: @eMotivator W: http://david.bozward.com E: [email protected]

TeamRichard Branson

• Find the right person• Builds on strengths• Fill in for weaknesses• Multiplier of talent

“I believe in benevolent dictatorship provided I am the dictator.”

Team

Page 11: Youth Enterprise & Entrepreneurship

T: @eMotivator W: http://david.bozward.com E: [email protected]

Social

Anita Roddick

• Belief• Values• Responsibility

If I can't d

o so

meth

ing fo

r the p

ublic g

ood

, what th

e h

ell a

m I d

oin

g?

Social

Page 12: Youth Enterprise & Entrepreneurship

T: @eMotivator W: http://david.bozward.com E: [email protected]

Young Minds, New Businesses

Page 13: Youth Enterprise & Entrepreneurship

T: @eMotivator W: http://david.bozward.com E: [email protected]

What Youth Enterprise needs to help it along?

• Mentoring• Investment• Growth Flexibility• Online E-Learning• Incubators• Networks

Page 14: Youth Enterprise & Entrepreneurship

T: @eMotivator W: http://david.bozward.com E: [email protected]

Flavours of Social Enterprise

• Trusts• Limited companies with a social purpose• Community benefit societies• Social enterprises as registered charities• Community Interest Companies• Charitable incorporated organizations

Page 15: Youth Enterprise & Entrepreneurship

T: @eMotivator W: http://david.bozward.com E: [email protected]

Thank You

Dr. David [email protected]