Young Entrepreneurs & the Challenges and Barriers while Scaling Up

Registration ID: IJNRD_190121

Published ID: IJNRD2304190

DOI: http://doi.one/10.1729/Journal.38393

Suman Sah , Pragya Chaudhary , Nidhan , Saatwik Agrawal , Desavath Rishit Singh Naik

Young Entrepreneurs, Skills, Market, Risk, Success Factors, Barriers, Hard work

ABSTRACT First and foremost, entrepreneurship is a mindset. Entrepreneurship has gained widespread attention as a critical driver of economic growth, innovation, and job creation in many countries. Young entrepreneurs under the age of 35 represent a growing and important segment of the entrepreneurial community. According to recent reports, more than half of the world's population is under the age of 30, and this demographic group is expected to make up a significant portion of the workforce and consumer market in the coming years. Understanding the factors that contribute to the success of young entrepreneurs is, therefore, crucial to fostering entrepreneurship and economic growth. We have examined research papers dating back to 1990. This paper aims to explore the success factors of young entrepreneurs under the age of 35 by focusing on their business and personal skills. As a result of our investigation into the difficulties and constraints of the era, which was influenced by changes in time, technology, internal and external factors, thinking and perspective, etc., we learned that young entrepreneurs encounter a number of challenges as they launch and grow their businesses. The literature review reveals that these young businesspeople share one trait in common: they identified an opportunity and took advantage of it. They were motivated by their families, academics, societal trends, and current events: That is what entrepreneurship is all about.

Published Paper   E-Certificate

Suman Sah , Pragya Chaudhary, Nidhan , Saatwik Agrawal , & Desavath Rishit Singh Naik (April-2023). Young Entrepreneurs & the Challenges and Barriers while Scaling Up. INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT, 8(4), b667-b679. http://doi.one/10.1729/Journal.38393

Volume 8 Issue 4, April-2023

Pages : b667-b679

Paper Reg. ID: IJNRD_190121

Published Paper Id: IJNRD2304190

Downloads: 000122010

Research Area: Management

Country: Bengaluru , Karnataka, India

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Published Paper URL: https://ijnrd.org/viewpaperforall?paper=IJNRD2304190

Crossref DOI: http://doi.one/10.1729/Journal.38393

Journal Name: INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT(IJNRD)

ISSN: 2456-4184 | IMPACT FACTOR: 8.76 Calculated By Google Scholar | ESTD YEAR: 2016

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