Youth are the center of the world events. It is not platitudinous but a fact, since the half of the global population is younger than 30 years. We live in an age called the age of human talent, and human capital has a crucial factor in economic development. However how can we harness the capability of youth population and generate new ways forward? Entrepreneurship, defined by the innovation, creativity and economic advancement is essential to leverage of this talent and forge new avenues as entrepreneurs and young people worldwide share many of the same traits.
Rising powers are growing and turning the economy at the heart of their foreign policy and at least 75 million young people in the world, if it is not more, get access to means of livelihood significant, population group is an economic reality that decision makers can not ignore. Implement efficient ways to involve young natural talents while addressing to economic challenges that face demographic make Enterprise Initiatives so vital to help address global challenges.
There are following factors can reduce risk factors of Entrepreneurship
The ability to speak to others about you and your company is vital in networks. And an excellent way to build your network of economic and networking competencies is to reach your local Board of Trade. The Chamber can help build marketing tools that you need to succeed.
An ability to communicate professionally is must in the current economic climate. Logically presented with your minds may help you to gain trust in the center you sell.
3. Relationship Building
Establishing relationships is a very important factor for many small enterprises tend to overlook. Understand a person, their activities and their passion may help you to build a rapport with them. Make an effort of comprehension the person or business will help to create a business setting mutually consistent.