We live in a youth obsessed culture. Silicon Valley entrepreneurs have replaced rock, film and even sports stars as our modern day pop culture celebrities. And since youth is the currency of celebrity we inevitably assume that entrepreneurship is the provenance of the young.
As if their sky-high ambition and talents weren't enough -- the start-ups also had a social aspect: from donating a portion of all sales to a charity to providing pro bono training courses, these contestants were giving back to their respective communities.
Rallying the world's young entrepreneurs to create wealth and solve problems, and encouraging every young person to consider being capable in financial literacy and entrepreneurship is one of the most important agenda items of our time.
"The hope and confidence that this program can instill in youth from low-income communities is priceless. Entrepreneurship, the ability to coherently organize resources into productive activity, remains the bedrock of healthy economies. The potential here is astounding."
Serena's path has been full of struggle, and I want to share her story to help other young adults see the impact of not graduating from school, financial struggle, and drug abuse on even the brightest young entrepreneurs.
Obama's new startup initiative, cleverly titled The JOBS Act, is aimed at boosting the entrepreneurial ecosystem by making startup investing easier. The concern that I have is that in the process it may push too many founders to either seek capital prematurely, or to take money from all comers.
Of the 35 business plans to be displayed on that evening, six of them come to us from the west coast programs in Los Angeles, Fresno and San Francisco. In fact, NFTE Los Angeles has bred three of the past seven winners!
On October 3rd, at The Times Center in New York City, 39 students representing 35 businesses from around the country will contend for top honors and for the chance to win over $25,000 in cash and prizes to help bring their business ideas to life or advance their education.
Last Tuesday, nine teams of high school students demoed mobile app prototypes and pitched business ideas to a panel of tech-industry experts as a part of the semi-final round of competition in this year's NYC Generation Tech program.
Young entrepreneurs bring something very special to the innovation market. What do you think that is? Is it their naïveté, their enthusiasm or their boundless energy? It is all of these things and more.
It doesn't require a radical makeover of our beliefs, values and organizational structures to prepare Gen Y for leadership. They view the world differently, but so did we at the beginning of our careers.
It is not this self-made, serial entrepreneur's many business accomplishments that first moved me -- though they are undeniably impressive -- but his commitment to empowering Africa's young men and women.
Two months ago I was applying to medical schools, working at a great biotech company and had every intention to stay on that track. Fast forward two months; I've written off medical school, quit my job, and am a co-founder on an app called Supshot.
Continuing in last year's tradition, here are seven amazing young entrepreneurs who are following their dreams in the fields of fashion, media and entertainment, personal and professional development, philanthropy, and fitness.