Youth Enterprise & Entrepreneurship

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Youth Enterprise & Entrepreneurship

"people, planet and profit"

T: @eMotivator W: http://david.bozward.com E: david@bozward.com

Youth Enterprise ‘Explosion’

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

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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

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Enablers

• Role Models– Entrepreneurs– Popular Culture

• Portfolio Working• Recession• No life time careers

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Enterprising People have….

Enterprising

Focus

Advantage

Creativity

Ego

Team

Social

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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

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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

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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

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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

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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

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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

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Young Minds, New Businesses

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What Youth Enterprise needs to help it along?

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

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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

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Thank You

Dr. David Bozwarddavid@bozward.com