WHY YOUNG ENTREPRENEURS SHOULD BE CELEBRATED
Needless to say, young entrepreneurs should be celebrated. To start with, they are innovative and creative. To that end, they often bring new viewpoints and innovative solutions to the table. They aren’t limited by the ideas which have been tried and tested. On the contrary, they are more willing to experiment with fresh ideas and new technology.
Secondly, organizations and firms founded by young entrepreneurs make major contributions to the exchequer. They also create jobs and open economic opportunities in their respective value chains to the benefit of our economy.
Social impact
Successful young entrepreneurs are also role models for their peers. They encourage them to engage in entrepreneurship as a tool of wealth creation. By the same token, some young entrepreneurs establish businesses which impact positively in the economy in areas like education, health, and environmental sustainability. Celebrating these achievements emphasizes the importance of entrepreneurship in promoting social change.
Risk takers
Young entrepreneurs are more likely to take risks and be resilient in the face of failure. This is critical in developing innovative products and services. In the same regard, many young entrepreneurs are leading the way in venturing into new technology like artificial intelligence ( AI) and internet of things ( IoT).
By and large, celebrating young entrepreneurs not only acknowledges their accomplishments, but also inspires the next generation of innovators and leaders.