Today, many young people do not wait until graduation to begin entrepreneurship a career of their own. Instead of struggling to find internships or jobs, these young people become their own bosses and run their own businesses.
The greatest motivation: Seizing Opportunities
Valerie Pang, currently a student at Yale-NUS College, co-founded the MUN forum and established SDI Academy at age 19. Tan Jun Wei, a student at Republic Polytechnic, raised 14,000 dollars to entrepreneurship for a project to design a medical device. Wei is currently developing a model of an inexpensive warning device. David Chin, a student at Singapore Management University (SMU), is now a co-founder of CIO Academy (just before turning 21). Confidently running 1 established company thanks to the courage to start a business while still young.
Some young Vietnamese people under 30 are turning toward entrepreneurship to seize future advantages
These three young entrepreneurs share the experience of having “accidentally” taken part in activities related to business skills training, such as startup boot camps, startup competitions, young entrepreneur organizations, fundraising campaigns, or business internships. These are valuable opportunities for young people to build knowledge, develop business ideas, and immerse themselves in an environment business full of energy.
Personal values and beliefs
Most young people dare to start a business with a firm belief in success and determination to pursue their passion. Most have a particular ideal to pursue. By age 21, Teo Jian Rong had founded several different companies. Following Robert Kiyosaki's example, he opened a T-shirt printing shop and a company called Inderr while studying at Singapore Polytechnic.
Robin Lim, co-founder of the snack brand Made Real, started her career at 19, but as a social activist encouraging young people to abandon prejudices about appearance.
Saravanan Sonia, a student at NUS High School, focuses on social work with a desire to help people around her. Despite receiving little support from family and friends, she boldly founded the social enterprise LAMP and runs the Singapore branch of Youth Hack, an organization that teaches students about business in technology.
The challenge ahead: Time management
Most of these young entrepreneurs are still in school. Few dare to drop out, because Singaporean society still places great importance on qualifications. Balancing time for studying, working, friends and family is therefore very stressful for them. At 21, young people all have active social lives. But to succeed, they must accept trade-offs to start a business.
Jian Rong has had to sleep less since he was 16 because he feels he works better at night. Valerie has achieved a great deal but has had to forgo school extracurricular activities and meetings with friends. David struggles to earn high grades at school (to maintain his scholarship), so he has had to sacrifice time with family and friends. David said: “I need to manage my time intelligently and understand my priorities at particular stages of life.”
Ignoring the objections
Starting a business at 19 means facing considerable doubt and opposition from relatives and friends. Most believe you should concentrate on studying and cannot succeed while you are still so young… a child. At times, you also doubt yourself.
Robin faced many challenges because no one took her work seriously. As a young woman throwing herself into a largely male-dominated field, she had to face both others’ prejudices and her own internal barriers. Valerie also said it was very difficult to convince others to believe in her. Singaporean society, with its strong Asian culture, still has deep age-related prejudices; notions such as knowledge being proportional to age and experience are obstacles for young people. on the entrepreneurial path.
Nevertheless, youth is also a wonderful opportunity to dare to make mistakes, learn, and get up to start again. Jian Rong shared: “I fear failure too because I have so little experience. But I also have confidence in my vision for the future.”
Jian Rong Teo – The young man who dares to hope for the future and starts a business while still in school
Sonia, however, did not receive her parents’ support, but later worked hard on her own to achieve success the first, after which her parents changed their minds. Young people have only one way to prove their abilities: take action. And when you fail, whatever people say, persist on your chosen path.
According to Sài Gòn Entrepreneur
Chương trình liên quan tại YUP Education: X-Startup – khóa học khởi nghiệp «Khởi Chánh Nghiệp» · The Journey – lộ trình phát triển doanh nhân
