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This is why youths should be encouraged to strike out on their own when they are still young.

Youths below 26 years old are less likely to be held back from entrepreneurship because of fear of losing their income and jobs. This makes them a key target segment to be entrepreneurs, according a recent motivation survey conducted by the Action Community for Entrepreneurship or ACE.

The survey found that 26% of youths below 26 years old strongly agree that fear of losing their income and jobs is a key barrier to entrepreneurship.

This percentage rises to 35% for those aged 26 – 30, and 44% for those aged 31 – 35. The survey also found that youths are more likely to be inspired by successful entrepreneurs, with 75% of 267 young respondents agreeing with the statement.

To read the full, original article click on this link: Singapore To Improve Entrepreneurship Programs In Schools | Gov Monitor