The Start-Up Generation
The Princes Trust has published The Start-Up Generation: Why the UK could be set for a youth business boom.
Key findings from the report include:
- 30 percent of young people believe they will be self-employed in the future
- One in four expect to be their own boss within the next five years
- Almost a quarter of unemployed young people would rather try to set up their own business than continue to job seek in today’s competitive market
- More than one in four young people in Britain claim they could set up a viable online business from their bedroom within the next six months
- More than half of young people say that not having enough money would prevent them from setting up in business
- A third of all young people claim that having a mentor would make them more likely to consider self-employment.
To download the full report visit www.princes-trust.org.uk/pdf/The_start_up_generation2013.pdf.