Youth entrepreneurship under YE Your way to Sucess

Youth entrepreneurship

Entrepreneurship is the creation or extraction of value. With this definition entrepreneurship is seen as a change, generally involving risks beyond what is normally experienced when starting a business, which may include other values than the purely economic ones.

It refers to the process of creating a new value (material or spiritual) through a committed effort, taking into account the risks involved. The word entrepreneurship is derived from the French word that means “commitment”

In the modern sense of the market economy, an entrepreneur is an economic agent who adapts an active and innovative behavior, who deliberately accepts financial risks to develop new projects.

How to become an entrepreneur?

The truth is that anyone can be an entrepreneur but not everybody is going to have the same level of success.

Entrepreneurship takes a lot of experience, determination and sometimes education. There are no prerequisites to become an entrepreneur and there are successful entrepreneurs from every demographic. That being said, marketing is one of the most important aspects in this field. It is used throughout the whole process, from the beginning till the end. You may have the best restaurant in the city, but nobody will visit it if they know it exists.

What do you need to have?

  • Good networking skills
  • Creativity/ spirit of innovation
  • Good marketing skills
  • Not be afraid of taking risks
  • Determination and perseverance
  • Initiative
  • Excellent problem solving skills
  • High self-confidence
  • Opportunity oriented mind
  • High energy level
  • Great teamwork skills

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