Most of parents would be happy to encourage our teens’ interests entrepreneurship, but according to a new study conducted for Junior Achievement and EY, our teens are not particularly interested. over 88 percent of parents are on board to raise kids who start businesses, but only 30 percent of these kids say they’d be willing to try, according to the survey of over 1000 parents with teens ages 13-years-old to 17-years-old. Mostly because, according to the survey, they think it’s too risky and the potential rewards aren’t great enough.
The researchers asked the kids what they would need in order to consider becoming an entrepreneur and about half gave some pretty rational responses, including said they would need “more information on what it takes to be successful” (51%), and also that they would need “investors” (50%.) They also want “support from parents” (49%) and “a role model who is a business owner” (35%.) And because, let’s face it, teens will be teens, some wanted to have “friends with a similar interest” (32%).
The survey was done as Junior Achievement launched it’s Launch Lesson program, which helps to get guest local entrepreneurs in front of community kids and also offers downloadable materials on everything entrepreuner from marketing to motivation.
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