Teenage Entrepreneurship

Did you know that one-third of new businesses are started by people under the age of 30? For example, a young man built a multi-million dollar telemarketing business before the age of 20, a young woman patented a game that is distributed nationwide, another teenager set up a successful catering business that now employs 30 people.

Be your own boss - flex your brain and muscles setting up your own business. If you are interested in becoming an entrepreneur, you must have drive, determination and discipline. Running your own business introduces you to the basic building blocks of business: management, marketing, finance and accounting.

Whether ventures in your neighborhood (like house painting or lawn service), with your personal computer, or using special skills (like clowning or bicycle repair), starting a business gives you great experience, builds on what you learn in school, and offers greater earning potential.

Source: The Teenage Entrepreneur’s Guide: 50 Money-Making Business Ideas, 2nd ed., Sarah L. Riehm, Surrey Books: Chicago, 1990.

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	Web site coordinators: Jamie Thompson Sandra McKinnon Site evaluation: Cynthia Crawford Last updated: March 09, 2005	Web site established by: Kate Akers Mark Belwood Cynthia Crawford Sandra McKinnon Diana Hammond

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