How do young people become entrepreneurs?

What is the most effective thing a school can do to help students whose aim is to be an entrepreneur?

Traditionally we think of our students going on after education to be office workers, chemists, shop assistants, academics, engineers, accountants, solicitors, police officers…

And by and large we aim to give our students the skills that will allow them to get a job commensurate with their abilities which will enable them to do the job they want.

Yet it seems (at least from what politicians tell us) that what the country also needs besides the office workers, chemists etc, is lots of entrepreneurs. And yet these same politicians tend to be a little vague on just how we can help students who think this might be a good idea.

Indeed, the question that can arise is, what is an entrepreneur? What do they actually do that leads them to make significant amounts of money, often by a very young age? Is it all IT skills, or good luck, or drive and determination or is there something else?

Given that there is no school subject in, no exam in, and no inspection report on the training up of entrepreneurs, such thoughts can go by the wayside, perhaps associated with the notion than anyone with the ability to become an entrepreneur is going to become an entrepreneur, no matter what.

And yet the fact is that many students who could create their own businesses, create jobs for others, and make a considerable contribution to our nation’s economy, never get started on the road to entrepreneurial work. And often that is simply because no one has ever helped them understand how to start.

Indeed that is the issue. What can each and every teacher who wishes to help, do to enable students take their first steps towards being an entrepreneur?

It is to answer this question that the magazine Fresh Young Millionaire was launched. Backed by the Social Venturing Fund set up by The Big Issue Invests the magazine comes with a range of learning activities which can stand alone or be integrated into Business Studies, English,. PSHE, Maths, History, ICT and citizenship lessons.

The magazine exists to engage, equip and inspire young people and to make a real difference, so that those students who want to move into entrepreneurial activities know what entrepreneurial activity is, how to proceed, what questions to ask, and where to find the information they need.

Everyone can make a contribution, and indeed if there is one way to impress Ofsted it is by going this extra mile to ensure that this element of education, along with all items they are there to inspect, is covered by the school.

You can read more about Fresh Young Millionaire at www.freshyoungmillionaire.com and you can also subscribe to the magazine on line

If you quote HH5 when you order you will receive two extra copies free, a saving of 33% off the total cost.

If you have any questions please do email info@freshyoungmillionaire.com We’ll be very happy to help.