A boss at age 12: Young entrepreneurs take failure in their stride
SINGAPORE – It has never been easier to become an entrepreneur in the digital economy – even a teenager can do it.
A survey by KRC Research, an American market researcher and global management consulting firm United Minds, of more than 1,000 employees in 2022 in the United States, found that young people were in fact more likely to want the position of boss.
38 per cent Gen Z employees surveyed aspired towards becoming a CEO, compared to 18 per cent Gen X and 21 per cent baby boomers, as well as 31 per cent millennials.
Pew Research Center defines Gen Z as those born between 1997 and 2012.
These ambitious young people are challenging conventions and breaking barriers, says Ms Tan Ching Ching, director of Ngee Ann Polytechnic’s innovation and entrepreneurship office, The Sandbox.
“Today’s youth have an insatiable hunger to see meaningful changes in the community and want to drive ideas and solutions that ultimately have a positive impact on the people around them. They are highly attuned to the existing gaps in communities and ecosystems and are motivated to address these head-on,” she says.
Three young people with a lot of guts to celebrate Youth Day Young Singaporean bosses who have experienced setbacks that have only made their success sweeter.